News for 'PLI'

Did playing in BBL give England players an advantage?

Did playing in BBL give England players an advantage?

Rediff.com10 Nov 2022

An extensive experience of playing the Big Bash League in Australia contributed to Jos Buttler and Alex Hales' absolute dominance over India in the T20 World Cup semi-final, said head coach Rahul Dravid.

Char Dham priests demand removal of yatra curbs, threaten agitation

Char Dham priests demand removal of yatra curbs, threaten agitation

Rediff.com1 Mar 2023

Citing the example of last year, he said many pilgrims who came for the yatra from rural areas of Uttar Pradesh had to return from Rishikesh and Haridwar as they had not registered in advance for it.

Markets: 'Volatility to remain higher than usual'

Markets: 'Volatility to remain higher than usual'

Rediff.com3 Jun 2022

'Periods of high volatility are usually bad for mid-caps and this is something that has to be kept in mind.' 'Focus on quality is of paramount importance.'

India's sub-Rs 10,000 phone market may be reserved for domestic players

India's sub-Rs 10,000 phone market may be reserved for domestic players

Rediff.com23 Aug 2022

How dominant are Chinese firms in India's sub-Rs 10,000 mobile device market? The question has become relevant as the government has been thinking of reserving this price segment for domestic players who have not been able to battle the Chinese onslaught. However, telecom firms and others are concerned that such a move could stymie the effort to build affordable 5G phones in the sub-Rs 10,000 category.

'Don't Expect A Populist Budget'

'Don't Expect A Populist Budget'

Rediff.com31 Jan 2023

'While the Budget would be growth-friendly, it would not come at the expense of an increase in the fiscal deficit.'

How India Can Rival China As Production Platform

How India Can Rival China As Production Platform

Rediff.com28 Jul 2023

We have the workforce, now we need to ensure that we take full advantage of game-changing technologies and geopolitical openings, suggests Jayant Sinha, chairman, Parliament's Standing Committee on Finance.

Walmart looking at sourcing toys, shoes, bicycles from India

Walmart looking at sourcing toys, shoes, bicycles from India

Rediff.com21 May 2023

US-based retail giant Walmart is looking to source toys, shoes and bicycles from Indian suppliers as the company is targeting to increase its exports from India to USD 10 billion annually by 2027. The company also wants to develop new suppliers in categories such as food, pharmaceuticals, consumables, health and wellness, and apparel and home textiles, a company spokesperson told PTI. Officials from the Bentonville-headquartered firm recently held a virtual meeting with several domestic toy manufacturers in India.

'Air Pollution Leads To Type 2 Diabetes'

'Air Pollution Leads To Type 2 Diabetes'

Rediff.com17 Nov 2023

'Pollution acts as an endocrine disruptor.' 'When it acts as an endocrine disruptor it has an effect on the endocrine system of the human body and the effect on the pancreas is an important one.' 'The way you get type two diabetes is due to two defects.' 'One is the pancreas doesn't produce enough insulin.' 'The other physiological defect is insulin resistance.'

Nearly 33% of India's medical devices capacity lying unused

Nearly 33% of India's medical devices capacity lying unused

Rediff.com7 Dec 2021

After ramping up production to meet the steep demand spike during the Covid-19 pandemic, Indian medical device makers are now struggling with idle capacity. According to industry estimates, around a third of the installed capacity, especially for consumables, disposables, small-ticket electronic items, etc., is lying unutilised. Sample this: India used to produce just 6.24 million pieces of PPE kits per annum before the pandemic, but by June this was ramped up to 233.87 million pieces per annum.

Maha bandh: Stone pelting on BEST buses affects services

Maha bandh: Stone pelting on BEST buses affects services

Rediff.com12 Oct 2021

The BEST services resumed after the shutdown ended around 4 pm.

Apple may start iPhone production at Foxconn plant from April

Apple may start iPhone production at Foxconn plant from April

Rediff.com21 Mar 2022

Seven months after it was launched in India, Apple is expected to start manufacturing the iPhone 13 at the Foxconn plant in Sriperumbudur near Chennai from April, according to sources. The phones will be for both the domestic and export market. The production of the iPhone 13 in the Chennai plant was meant to start from January but had to be postponed after Apple suspended production following protests in December by women workers about food poisoning. An Apple spokesperson did not respond to an e-mail query.

Gayle, Harbhajan, Afridi among star-studded marquee players

Gayle, Harbhajan, Afridi among star-studded marquee players

Rediff.com17 Jun 2023

The player draft for the much-awaited Global T20 Canada 2023 was held in a hybrid-form in Mumbai.

369 trains cancelled due to Agnipath protests

369 trains cancelled due to Agnipath protests

Rediff.com18 Jun 2022

The Railways has also partially cancelled two mail/express trains, thus the total number of trains affected during the day is 371, the officials said.

Woman, toddler killed as Bengaluru Metro pillar collapses

Woman, toddler killed as Bengaluru Metro pillar collapses

Rediff.com10 Jan 2023

Tragedy stuck a family of four here on Tuesday when an under-construction Bengaluru Metro pillar collapsed on them, leaving a woman and her toddler son dead while her husband and another child escaped with injuries.

FIFA WC: Duke keeps his promise to his son with winner

FIFA WC: Duke keeps his promise to his son with winner

Rediff.com26 Nov 2022

"Obviously the moment I scored was pure ecstasy for me. I'd heard only seven Australians had scored at the World Cup and I told Arnie (coach Graham Arnold) I'd be the eighth or ninth."

Manipur violence: 'Don't know what our fault was'

Manipur violence: 'Don't know what our fault was'

Rediff.com6 May 2023

Around 800 people, including children and the elderly, are living in pitiable conditions in relief shelters near Thangjing temple and Moirang Lamkhai which are being run by three organisations.

ITC Q4 net profit rises 22% to Rs 5,225 cr

ITC Q4 net profit rises 22% to Rs 5,225 cr

Rediff.com18 May 2023

Diversified entity ITC Ltd on Thursday reported a 22.66 per cent rise in consolidated net profit at Rs 5,225.02 crore in the fourth quarter ended March 2023, led by a strong growth momentum across operating segments. The company had posted a net profit of Rs 4,259.68 crore a year ago, ITC Ltd said in a regulatory filing. Its revenue from operations increased 7 per cent to Rs 18,799.18 crore in the period under review against Rs 17,754.02 crore in the year-ago period.

RBI may effect one more rate hike: Uday Kotak

RBI may effect one more rate hike: Uday Kotak

Rediff.com8 Dec 2022

A day after the RBI raised the benchmark lending rate by 35 basis points, Kotak Mahindra Bank Managing Director Uday Kotak on Thursday said the central bank may go for one more rate hike to bring inflation below its upper tolerance level of 6 per cent. Yesterday, the RBI indicated that it wants inflation to be within the band first and then move towards the target of 4 per cent, Kotak said at the CII Global Economic Policy Summit 2022. "My sense is that there could be one more rate hike and that may be the time for thinking about a pivot, but we got to watch very closely the data, and maybe around 6.5 per cent as it looks today, subject to what happens to the world, subject to what happens to oil, subject to what happens to many other things," he said.

'Economic rebound has run out of steam'

'Economic rebound has run out of steam'

Rediff.com9 Mar 2023

'When the average growth in the last three years was just 2.5%, how does that make us the fastest growing country?' 'They only tell you what has happened in the last 2 years; they are not taking into account what happened in FY21 on account of their mistakes.'

Exports up 24% to $38 bn in Apr; trade deficit widens to $20 bn

Exports up 24% to $38 bn in Apr; trade deficit widens to $20 bn

Rediff.com3 May 2022

Exports rose by 24.22 per cent to a monthly record high of $38.19 billion in April on account of healthy performance by sectors like petroleum products, electronic goods and chemicals, even as trade deficit widened to $20 billion during the month, the commerce ministry said on Tuesday. Imports during the month under review grew by 26.55 per cent to $58.26 billion. The trade deficit in April 2021 was at $15.29 billion.

Truckers wary of plying on 'risky' Manipur highway

Truckers wary of plying on 'risky' Manipur highway

Rediff.com19 Jun 2010

Truckers in Manipur are not willing to hit the troubled NH 39 that connects border town of Moreh and Imphal to Assam valley through Dimapur in Nagaland, even after agitating Naga groups in Manipur the All Naga Students' Association of Manipur and the United Naga Council -- have lifted the 67-days-long blockade of the highway from Friday evening.

India's economy to slow down in 2023-24. Survey reveals all

India's economy to slow down in 2023-24. Survey reveals all

Rediff.com31 Jan 2023

Following are the highlights of the Economic Survey 2022-23 tabled in Parliament on Tuesday

Investor wealth jumps Rs 3.35 lakh cr in two days

Investor wealth jumps Rs 3.35 lakh cr in two days

Rediff.com15 Sep 2021

Investors have gained Rs 335,770.71 crore in two days of market rally, with the Sensex scaling its fresh lifetime peak on Wednesday. Rising for the second day, the 30-share BSE benchmark jumped 476.11 points or 0.82 per cent to close at its new all-time high of 58,723.20. During the day, it gained 529.97 points to 58,777.06, its intra-day record.

Badrinath-Kedarnath: Modi Must Relook At Redevelopment

Badrinath-Kedarnath: Modi Must Relook At Redevelopment

Rediff.com25 Jan 2023

'The problem is that all this reconstruction work is being monitored by the prime minister himself with inputs being provided directly by the PMO so nobody in the state government dare contradict them even if their suggestions are totally contrary to what the ecology of this region requires.'

Fixed broadband may trigger next leg of growth for Jio, Airtel: Analysts

Fixed broadband may trigger next leg of growth for Jio, Airtel: Analysts

Rediff.com28 Apr 2023

Shares of telecom services providers - Reliance Industries (parent of Reliance Jio), Bharti Airtel, and Vodafone Idea - have shed up to 23 per cent so far in the current calendar year as growth in the wireless subscriber segment begins to plateau amid higher tariffs and rising costs of smartphones. By comparison, the benchmark S&P BSE Sensex, and sectoral index BSE Telecom have dipped 1.8 per cent, and 12.6 per cent, respectively, ACE Equity data shows. However, analysts expect the trend to reverse soon as telecom services providers focus on the next leg of growth -- fixed broadband (FBB) segment.

Apply for Maharashtra licence in 3 weeks, SC tells Uber

Apply for Maharashtra licence in 3 weeks, SC tells Uber

Rediff.com14 Feb 2023

The Supreme Court on Monday directed Uber to apply for a licence within three weeks to operate in Maharashtra, stressing that cab aggregators cannot function without one. A bench led by Chief Justice of India (CJI) D Y Chandrachud said that an earlier interim order by the Supreme Court that had allowed Uber to operate in the state would not provide legal cover, since an aggregator cannot operate without a licence. It ordered Uber to apply for a licence by March 6, said a report by Bar and Bench.

Amul to start making buffalo mozzarella cheese

Amul to start making buffalo mozzarella cheese

Rediff.com18 Mar 2021

Italy may be the home of premium buffalo mozzarella cheese, but India could soon give the country a run for its money in this regard. India's largest dairy cooperative, Amul, has submitted a plan to the government, aiming to turn the country into a global hub for the export of mozzarella cheese made from buffalo milk, which is sold at a hefty premium around the world. Mozzarella cheese is one of the products identified by the government for support under its Rs 10,900 crore production-linked incentive scheme (PLI), to give a massive push to food processing exports as well as to build Indian food brands.

Swollen Yamuna calming as AAP alleges 'conspiracy', BJP hits back

Swollen Yamuna calming as AAP alleges 'conspiracy', BJP hits back

Rediff.com15 Jul 2023

Bharadwaj said it has not rained in Delhi in the last 3-4 days, yet still the water level in Yamuna reached 208.66 metres.

Want To Send Your Car To The Graveyard?

Want To Send Your Car To The Graveyard?

Rediff.com1 Jun 2023

One of the challenges for those car graves is that Indian owners often find markets for their old cars rather than send them to scrapyards.

Draft Digital Bill to be available for public by Dec-end

Draft Digital Bill to be available for public by Dec-end

Rediff.com8 Dec 2022

After the draft data protection bill, the government is now all set to bring another key legislation -- Digital India Bill -- that will be made available for public consultation by the month-end, Minister of State for IT Rajeev Chandrasekhar said on Thursday. The Digital India Bill, which will replace the 22-year old Information Technology (IT) Act, will be contemporary and a modern piece of legislation, the Minister promised. The proposed bill, alongside the Digital Personal Data Protection (DPDP) Bill whose draft was released recently, will contribute to the evolving framework which is light on regulation, safeguards consumer rights and catalyses innovation, the minister said while speaking at CII Global Economic Policy Summit 2022.

Tatas in talks with Taiwan firms to make chips in India

Tatas in talks with Taiwan firms to make chips in India

Rediff.com22 Dec 2021

Tata Group is in discussions with some major international companies, including those from Taiwan, for its foray into the semiconductor chip business. The Union government had earlier tried to bring in Taiwanese manufacturers Taiwan Semiconductor Manufacturing Company (TSMC) and United Microelectronics Corporation (UMC) for chip manufacturing in India. A person close to the development said the Tatas have now opened a separate channel for a possible tie-up. Currently, India mostly imports chips, which are fabricated and assembled to put into various applications, including automobiles, renewable power, mobile phones, televisions, and other electronic items.

Major infra revamp taken up at border areas in J-K

Major infra revamp taken up at border areas in J-K

Rediff.com25 Dec 2022

The first phase of the infrastructure renovation and creation of some new ones has been recently completed on a stretch of 26 kilometres along the front in Jammu while another 33 kilometres in the same region is being carried out, official sources told PTI.

What Happens When An IPL Game Ends

What Happens When An IPL Game Ends

Rediff.com2 Oct 2021

Between them, these Spin Punjab's Director of Cricket Operations Anil Kumble (619 Test wickets) and his former spinning partner Harbhajan Singh (417 Test wickets), who is plying his trade for the Kolkata Knight Riders this IPL season (though he hasn't got a game yet in the UAE phase), chat after the encounter.

Soon Tata Motors, Mahindra cars will ply on foreign roads

Soon Tata Motors, Mahindra cars will ply on foreign roads

Rediff.com6 Jan 2014

Don't be surprised if you see cars from the two manufacturer in a foreign land. The carmakers are supplying their vehicle in over 11 countries.

Rain continues to lash Delhi for third day, traffic affected

Rain continues to lash Delhi for third day, traffic affected

Rediff.com24 Sep 2022

Traffic snarls were reported from different parts of the national capital on Saturday as rain continued to lash New Delhi for the third consecutive day.

'What we need now is spending'

'What we need now is spending'

Rediff.com30 Dec 2021

'The classic thing we need as a country is the virtuous cycle where you have robust demand which leads to more capital spending which in turn leads to more job creation and more money in the hands of people.'

Markets reopen in J-K as unlock process begins

Markets reopen in J-K as unlock process begins

Rediff.com31 May 2021

According to new guidelines imposed by authorities on Sunday, shops have been allowed to open on alternate days.

Vedanta joins hands with Foxconn to manufacture semiconductors in India

Vedanta joins hands with Foxconn to manufacture semiconductors in India

Rediff.com14 Feb 2022

Indian conglomerate Vedanta on Monday said it has signed a pact with electronics manufacturing services giant Foxconn to form a joint venture (JV) for manufacturing semiconductors in India. Vedanta is the first company to make the announcement to invest in semiconductor manufacturing after the government announced a Rs 76,000-crore programme to boost electronic chip and display ecosystem in the country. This is also the second attempt of Vedanta to enter the semiconductor space after its earlier plans to set up a display unit with about Rs 60,000 crore investment could not take off.

Pujara continues good run; hits another ton for Sussex

Pujara continues good run; hits another ton for Sussex

Rediff.com23 Apr 2022

Cheteshwar Pujara continued his good form in the English County championship with a second successive hundred for Sussex against Worcestershire but could not prevent his team from being enforced the follow-on.