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UP seeks to take embassies' help to boost exports

UP seeks to take embassies' help to boost exports

Rediff.com2 Aug 2022

The Uttar Pradesh government will tap the Indian embassies in the US and European countries in its bid to double merchandise shipments to Rs 3 trillion in the next 4-5 years. The Indian embassies in the US, UK, Germany, Australia, Israel, Singapore, etc. will promote the micro, small and medium enterprises (MSME) products, apart from traditional handicrafts and indigenous products, under the state's flagship One District One Product (ODOP) scheme. "Indian embassies will provide the much-needed traction and visibility to our traditional products in key export destinations across the globe," UP additional chief secretary (MSME and export promotion) Navneet Sehgal told Business Standard.

'Life Has Always Surprised Me'

'Life Has Always Surprised Me'

Rediff.com9 Sep 2024

'If you're a person who's not comfortable going out to parties for networking, don't do it.' 'It's not like you're getting a film at a party.'

'I Wanted Waheeda Rehman For Ankur'

'I Wanted Waheeda Rehman For Ankur'

Rediff.com24 Dec 2024

'I don't think Waheeda had the confidence that I could pull it off, so she said no.'

Automakers On Luxury Top Gear To Woo Buyers

Automakers On Luxury Top Gear To Woo Buyers

Rediff.com30 Oct 2024

Armed with swanky showrooms, decked with plush fixtures, and offering indulgences such as high-end perfumes and customisable accessories, BMW, Mercedes, Audi are rolling out the red carpet for the well-heeled.

Tibet earthquake: Rescuers race against time to find survivors

Tibet earthquake: Rescuers race against time to find survivors

Rediff.com8 Jan 2025

Local officials said no casualties have been reported due to Wednesday's quake that hit the Madoi County in Golog Tibetan Autonomous Prefecture of Qinghai province of northwest China at 3:44 pm (Beijing time), tremors for which were also felt in north-eastern Nepal.

Did You Know About Tatas' China Link?

Did You Know About Tatas' China Link?

Rediff.com17 Oct 2024

The Tata Group is one of the very few Indian MNCs which has carved out a niche in China's highly competitive market, notes Rup Narayan Das.

ATMs to loans: All eyes on the road for finance world

ATMs to loans: All eyes on the road for finance world

Rediff.com6 Jan 2025

In the Union Budget for Financial Year 2023-24 (FY24), Finance Minister Nirmala Sitharaman had held forth on the need for better governance and investor protection in the banking sector. She had proposed certain amendments to the Reserve Bank of India Act (RBI Act), 1934; the Banking Regulation Act (BR Act), 1949; and the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970.

Can't accept FDI blindly, need safeguards: Sitharaman

Can't accept FDI blindly, need safeguards: Sitharaman

Rediff.com24 Oct 2024

India will place restrictions on foreign direct investment (FDI) in the national interest to ensure safeguards because of its location in a highly sensitive neighbourhood, Finance Minister Nirmala Sitharaman said during an interactive session at the Wharton Business School in the US on Tuesday. "I cannot blindly accept FDI simply because we need investment, unmindful of where it is coming from. "We want business, we want investment, but we also need some safeguards, because India is located in a neighbourhood that is very, very sensitive," Sitharaman said.

Canada lists India as cyberthreat, MEA reacts strongly

Canada lists India as cyberthreat, MEA reacts strongly

Rediff.com2 Nov 2024

While there was no mention of India in the National Cyber Threat Assessment reports of 2018, 2020 and 2023-24, the 2025-26 assessment mentions India -- along with China, Russia, Iran and North Korea -- in the 'Cyber threat from state adversaries' section that introduces the state cyber threat ecosystem and discusses the cyber threats to Canada.

Jio seeks revised paper on satellite spectrum allocation

Jio seeks revised paper on satellite spectrum allocation

Rediff.com7 Oct 2024

Reliance Jio has urged telecom regulator Trai to come up with a revised paper on spectrum allocation for satellite communication alleging that it ignores the key point of ensuring level-playing field between satellite and terrestrial services. In a letter to the Telecom Regulatory Authority of India (Trai) chairman, Anil Kumar Lahoti, Reliance Jio has sought revision of the consultation paper on recommending rules for "terms and conditions for the assignment of spectrum for certain satellite-based commercial communication services".

'Quad is here to stay': Modi's message to China at Leaders' Summit

'Quad is here to stay': Modi's message to China at Leaders' Summit

Rediff.com22 Sep 2024

Prime Minister Narendra Modi has said that the Quad is not against anyone, but for a rules-based international order and respect for sovereignty, in a veiled reference to China.

Other fronts may open up if Israel continues bombing Gaza: Iran FM

Other fronts may open up if Israel continues bombing Gaza: Iran FM

Rediff.com13 Oct 2023

Upon his arrival in Beirut on Thursday, the Iranian minister said, "Some European officials asked me if there were any chances that new fronts might open up against the Zionist regime?"

'AI Might Enslave Or Annihilate Us'

'AI Might Enslave Or Annihilate Us'

Rediff.com10 Dec 2024

'It is the first technology in history which is not just a tool, it is an agent.' Yuval Noah Harari on the dangers on AI.

Cyberfraud Thrives On Fear!

Cyberfraud Thrives On Fear!

Rediff.com29 Jan 2025

The number of cyberfraud cases has skyrocketed from 2,677 in 1999-2000 to 29,082 in FY24 -- more than a 10-fold increase. The RBI pegs digital payment frauds at Rs 1,457 crore in FY24, up more than five times in a year. It's not just the number of frauds. What's alarming is the growing sophistication of the fraudsters, exposing the vulnerabilities within the financial system, observes Tamal Bandyopadhyay.

Govt close to finalising e-commerce policy: DPIIT secy Rajesh Kumar Singh

Govt close to finalising e-commerce policy: DPIIT secy Rajesh Kumar Singh

Rediff.com12 May 2023

The government is at a "fairly advanced stage" of finalising a well-coordinated e-commerce policy and consumer protection rules, which will incorporate provisions of Open Network for Digital Commerce (ONDC), Department for Promotion of Industry and Internal Trade (DPIIT) secretary Rajesh Kumar Singh said on Thursday. "E-commerce rules and e-commerce policy will be congruent with each other... That exercise is at a fairly advanced stage," Singh told reporters. The remarks come on a day the number of daily transactions on the platform has gone up 500 times since the beginning of this year with the number of retail merchants added to its roster growing 40-fold.

Study In US: India Overtakes China

Study In US: India Overtakes China

Rediff.com19 Nov 2024

331,602 Indians are studying in the US, making India the 'top sender' of international students to America for the first time in 15 years, as it overtook China for the academic year 2023-2024.

Will Rohit's captaincy lead India to victory at Gabba?

Will Rohit's captaincy lead India to victory at Gabba?

Rediff.com13 Dec 2024

With the series locked at 1-1, Brisbane could well decide the course of the rubber and whether Rohit's men would continue to be the master of their fate in the ongoing World Test Championship.

Terror threat in Paris: Police arrest teenager

Terror threat in Paris: Police arrest teenager

Rediff.com25 Jul 2024

On Tuesday, French police arrested a Russian man suspected of planning to destabilise the Olympics, the Paris prosecutor's office said on Wednesday, just days before the Games begin.

Baba Siddique's killers watched YouTube to learn shooting

Baba Siddique's killers watched YouTube to learn shooting

Rediff.com16 Oct 2024

Shooters involved in the killing of Nationalist Congress Party leader and former Maharashtra minister Baba Siddique learnt to handle firearms by watching videos on YouTube at a rented house in Kurla area in Mumbai, officials said on Wednesday.

Adani's open offer for 26% stake in NDTV gets Sebi nod

Adani's open offer for 26% stake in NDTV gets Sebi nod

Rediff.com14 Nov 2022

Markets regulator Sebi has approved Adani Group's open offer to buy an additional 26 per cent stake in media firm New Delhi Television (NDTV) and the offer will commence on November 22. According to an update on Sebi's website on Monday, the regulator gave its final comments on the proposed Rs 492.81 crore-open offer on November 7. The offer will tentatively open on November 22 and close on December 5. The price fixed is Rs 294 per share, as per a recent regulatory filing by NDTV.

Best Business Ideas Under Rs 1 Crore

Best Business Ideas Under Rs 1 Crore

Rediff.com10 Feb 2025

India's e-commerce market alone is projected to reach $200 billion by 2026, making it a prime industry for ambitious entrepreneurs, explains rediffGURU Harsh Bharwani.

How To Stay Safe From UPI Frauds

How To Stay Safe From UPI Frauds

Rediff.com2 Dec 2024

Link your UPI app to a separate bank account or wallet that has only a limited sum.

Landslide-hit Wayanad finds voice through ham radio

Landslide-hit Wayanad finds voice through ham radio

Rediff.com3 Aug 2024

As the devastating landslides ravaged a hilly area of Wayanad, leaving a trail of destruction and chaos in their wake, a group of ham radio enthusiasts rose to the challenge, establishing a critical communication network that has helped save lives and facilitate rescue efforts.

Asian Games: India face formidable China in football opener

Asian Games: India face formidable China in football opener

Rediff.com18 Sep 2023

India were able to stitch a rag-tag final squad only on Friday and the team left for China on Sunday, leaving no time for the players to even have a training session together.

Events that shaped Indian businesses in 2024

Events that shaped Indian businesses in 2024

Rediff.com1 Jan 2025

Unprecedented bribery charges, farewells, separation, failed union, monumental mergers and record-breaking IPOs, along with a healthy dose of online happenings in the form of spat and lessons in customer care, corporate India saw it all in 2024.

2024: The Year Of Shift In Politics

2024: The Year Of Shift In Politics

Rediff.com31 Dec 2024

Much drama is likely to continue in the coming year, within the Sangh Parivar as well as involving the Opposition parties and, of course the BJP's allies, predicts Modi biographer Nilanjan Mukhopadhyay.

Olympics Opening Ceremony: When to Watch

Olympics Opening Ceremony: When to Watch

Rediff.com22 Jul 2021

Readers in India can watch the opening ceremony on the Sony Sports Network on Friday, July 23, from 4:30 pm IST onwards.

'Focus Is To Maintain The Casa Ratio'

'Focus Is To Maintain The Casa Ratio'

Rediff.com8 Nov 2024

'It has remained around 38 per cent over the past four to five quarters.'

World Savings Day: Your Career Is Your BIGGEST Saving!

World Savings Day: Your Career Is Your BIGGEST Saving!

Rediff.com30 Oct 2024

The best way to achieve financial security isn't by cutting out every vada pav or limiting yourself to home-cooked meals; it's by making yourself indispensable at work, says Vatsal Ramaiya.

Rs 11K crore IPO in sight, Swiggy projects quick commerce as the future

Rs 11K crore IPO in sight, Swiggy projects quick commerce as the future

Rediff.com4 Nov 2024

On the cusp of launching its Rs 11,327 crore initial public offering (IPO) next week, food and grocery delivery major Swiggy believes quick commerce to be its future growth engine and anticipates that it will outpace its core food delivery business over the next five years. Currently, the quick commerce business of Swiggy - backed by Prosus and SoftBank - is 40 per cent of the size of its food delivery revenues.

2 central co-ops to sell tomatoes at Rs 50 per kg

2 central co-ops to sell tomatoes at Rs 50 per kg

Rediff.com14 Aug 2023

The Centre on Monday directed cooperatives NCCF and NAFED to sell tomatoes at a reduced rate of Rs 50 per kilogram from Tuesday in view of the decline in prices in the wholesale markets. Since July, both NCCF and NAFED have been selling tomatoes at a discounted rate on behalf of the consumer affairs ministry in Delhi-NCR, Uttar Pradesh, Rajasthan and Bihar to boost domestic availability and contain price rise. Initially, the ministry had asked the two cooperatives to sell tomatoes at a subsidised rate of Rs 90 per kg and later reduced the price to Rs 80 per kg. Further, the price was cut to Rs 70 per kg.

Brand Vistara Ends Its Journey

Brand Vistara Ends Its Journey

Rediff.com12 Nov 2024

Starting November 12, Vistara aircraft will be operated under the Air India banner, to be identified by a special four-digit flight code beginning with "2".

Iran Missile Strike Forces Flight Reroutes

Iran Missile Strike Forces Flight Reroutes

Rediff.com7 Oct 2024

Flights from Delhi or Bengaluru, while they may still fly over Iran, depending on the route, have alternative paths that may take them through Central Asia or northern routes.

HDFC Bank to continue opening branches at same speed in FY24 as last year

HDFC Bank to continue opening branches at same speed in FY24 as last year

Rediff.com24 Apr 2023

After opening close to 1,500 branches in 2022-23, HDFC Bank, the country's largest private sector lender, will continue expanding its branch network at the same speed in the current financial year. The lender says branch expansion is crucial for deposit mobilisation. As of March 31, 2023, HDFC Bank had 7,821 branches, up from 6,342 a year ago.

Magicpin app crashes under tomato demand, stocks sold out within 10 mins

Magicpin app crashes under tomato demand, stocks sold out within 10 mins

Rediff.com1 Aug 2023

Hyperlocal delivery platform magicpin experienced an overwhelming surge in demand at 9 am on Monday, causing its app to crash, leaving users temporarily unable to access the platform. The increased traffic came after the firm announced its "tomatoes @ Rs70" initiative last week in partnership with National Cooperative Consumers Federation of India (NCCF) and Open Network for Digital Commerce (ONDC). This led to magicpin's tomato stocks depleting within the first 10 minutes, leaving many buyers struggling to order.

Nitish Won't Let BJP Do A Shinde On Him

Nitish Won't Let BJP Do A Shinde On Him

Rediff.com19 Dec 2024

'JD-U wants to emerge as the single largest party in Bihar after the next assembly polls by contesting more seats than the BJP.'

Google unveils a slate of AI tools for Indian developers

Google unveils a slate of AI tools for Indian developers

Rediff.com29 Jun 2023

Google unveiled on Wednesday a slate of artificial intelligence (AI) tools and technologies for Indian developers at its first I/O Connect event for India, being held in Bengaluru. The company made accessible for Indian developers its faster, more accurate large language AI model accessible through PaLM API, Makersuite, as well as features on Google Cloud's Vertex AI. Google Cloud officially launched a new initiative in collaboration with Open Network for Digital Commerce (ONDC), under the Department for Promotion of Industry and Internal Trade, to help sellers build and scale commerce platforms across the country.

MNCs look towards India for a booster dose

MNCs look towards India for a booster dose

Rediff.com1 Apr 2024

In recent months, several pharma multinational corporations (MNCs) are increasingly turning to Indian companies to expand market reach in the country's pharmaceuticals sector. Sanofi's partnerships with Dr Reddy's, Cipla, and Emcure, AstraZeneca and Mankind Pharma - teaming up for asthma medication distribution - are a few instances of this trend. This strategy allows MNCs to leverage established Indian networks and reach a wider audience. Indian companies also benefit from global brands and expertise, say analysts.

PIX: Snoop Dogg carries Olympic Torch!

PIX: Snoop Dogg carries Olympic Torch!

Rediff.com26 Jul 2024

The 52-year-old hip hop legend-turned special correspondent for NBCUniversal has become a cornerstone of the media company's effort to energise its coverage of the Games and inject pop culture and celebrity into the US broadcast.

Quick-commerce companies expand Tier-II ops ahead of festival season

Quick-commerce companies expand Tier-II ops ahead of festival season

Rediff.com11 Sep 2024

After making the model work in metro cities, players in the quick commerce sector are rapidly expanding their footprint into smaller tier 2 cities and markets beyond that ahead of the festival season.