News for 'PLI'

Brendon McCullum hangs up his boots

Brendon McCullum hangs up his boots

Rediff.com5 Aug 2019

Former New Zealand captain Brendon McCullum announced his retirement from all forms of competitive cricket after the conclusion of the ongoing Global T20 Canada.

Full Text: President's joint address to both houses of Parliament

Full Text: President's joint address to both houses of Parliament

Rediff.com31 Jan 2022

Here's the full text of President's Ram Nath Kovind's address to the joint sitting of both houses of Parliament on the first of Budget Session 2022.

Air pollution may make COVID-19 more deadly: Study

Air pollution may make COVID-19 more deadly: Study

Rediff.com8 Oct 2020

The researchers discovered that just a 4.6 ppb reduction in long-term exposure to NO2 would have prevented 14,672 deaths among those who tested positive for the virus.

Dust storm, rain hit north India; 26 killed in UP

Dust storm, rain hit north India; 26 killed in UP

Rediff.com9 Jun 2018

A dust storm also hit the national capital on Saturday and its surrounding areas that had been reeling under the scorching heat for a few days.

Prosecutors open French Open match-fixing probe

Prosecutors open French Open match-fixing probe

Rediff.com7 Oct 2020

The investigation, which was opened on Oct. 1, is being handled by the French police's Central Service of Races and Games (SSCJ).

P-notes investment swell to 14-month high in October

P-notes investment swell to 14-month high in October

Rediff.com19 Nov 2020

Investments through participatory notes (P-notes) in the Indian capital market surged to Rs 78,686 crore at October-end, making it the highest level in 14 months, on enhanced global liquidity and measures taken by the government back home. P-notes are issued by registered foreign portfolio investors (FPIs) to overseas investors who wish to be part of the Indian stock market without registering themselves directly. They, however, need to go through a due diligence process.

Nirav Modi has been dethroned!

Nirav Modi has been dethroned!

Rediff.com2 Mar 2022

If there were an Olympics for bank frauds in India, Rishi Agarwal, founder and former chairman of ABG Shipyard Ltd, a nephew of the Ruia brothers of the Essar group, would bag the gold, pushing Nirav Modi to his right, says Tamal Bandyopadhyay.

Returns from equities likely to be lower in FY22, say market experts

Returns from equities likely to be lower in FY22, say market experts

Rediff.com8 Apr 2021

Despite the Sensex's 74 per cent run-up over the past year, the Indian equity market could still reward investors if the expected revival in earnings materialises, according to market experts. Returns during the coming year are more likely to be in line with longer-term trends (the Sensex's five-year return is around 14 per cent). Several factors are expected to aid the market's performance this year.

Mumbaikars in for a rough ride as autos on strike on Monday

Mumbaikars in for a rough ride as autos on strike on Monday

Rediff.com15 Feb 2016

State transport commissioner Shyam Wardhane has issued directives allowing private cars, buses and other vehicles to operate as "public transport" on Monday

Budget 2021: 'Road map for sustainable growth'

Budget 2021: 'Road map for sustainable growth'

Rediff.com2 Feb 2021

The Budget kept away from mood dampeners such as an increase in taxes (capital gain taxes) and even the much-feared introduction of Covid cess and wealth taxes, says Nimesh Kampani, chairman, JM Financial.

Fearing COVID-19, Goa villages impose their own lockdowns

Fearing COVID-19, Goa villages impose their own lockdowns

Rediff.com10 Jun 2020

A few local public transport unions have also suspended their services fearing the spread in the interiors of the state.

Failure in predicting monsoon advance over Delhi rare: IMD

Failure in predicting monsoon advance over Delhi rare: IMD

Rediff.com12 Jul 2021

The weather department said its latest model analysis had indicated that the moist easterly winds in the lower level from the Bay of Bengal would spread to northwest India, covering Punjab and Haryana by July 10, leading to the advancement of monsoon and an increase in rainfall activity over the region, including Delhi, from July 10 onwards.

PM inaugurates sound and light show at Howrah Bridge

PM inaugurates sound and light show at Howrah Bridge

Rediff.com11 Jan 2020

The 2.5 minute show and sound system is installed at the Millenium Park and is part of a project of the Kolkata Port Trust's 150th anniversary celebrations. The show will replace the existing decorative lighting with 650 power-efficient LED and spotlight fittings for a programmable multi-colour lighting, including a show that will sync with music.

Petrol, diesel consumption down 66%, aviation fuel by 90%

Petrol, diesel consumption down 66%, aviation fuel by 90%

Rediff.com9 Apr 2020

India's fuel consumption slumped by over 66 per cent in the first week of April as a nationwide lockdown halted economic activity and travel, which eviscerated demand. Petrol and diesel demand is down 66 per cent in April, while aviation turbine fuel (ATF) consumption has collapsed by 90 per cent as most airlines have stopped flying, industry officials said.

Restrictions eased; landlines, mobile internet partially restored in J-K

Restrictions eased; landlines, mobile internet partially restored in J-K

Rediff.com17 Aug 2019

Telecom connectivity will be gradually restored in a phased manner, keeping in mind the constant threat posed by terrorist organisations in using mobile connectivity to organise terror actions.

Hurriyat shutdown against new land laws disrupts normal life

Hurriyat shutdown against new land laws disrupts normal life

Rediff.com31 Oct 2020

Earlier this week, the Centre cleared the decks for people from across the country to buy land in the union territory by amending several laws. Most shops, petrol pumps and other business establishments were shut in Srinagar, the summer capital of Jammu and Kashmir, the officials said.

Amazon to start manufacturing devices in India

Amazon to start manufacturing devices in India

Rediff.com16 Feb 2021

Amazon on Tuesday said it will begin manufacturing Amazon devices, including Fire TV sticks, in Chennai later this year in partnership with Foxconn's subsidiary, Cloud Network Technology.

'Rating agencies are like Bollywood'

'Rating agencies are like Bollywood'

Rediff.com11 Feb 2021

'Rather than cutting and pasting from advanced economies, we should use basic economic principles to think about what is right for India at the stage of development at which we are,' says Chief Economic Advisor Krishnamurthy Subramanian.

Masks, hand sanitiser declared 'essential commodities'

Masks, hand sanitiser declared 'essential commodities'

Rediff.com14 Mar 2020

These items will remain under essential commodities segment till June-end, a move aimed at ensuring availability at reasonable prices and cracking down on hoarders/black marketeers.

Karnataka restricts entry of people from Guj, Maha, Kerala, TN

Karnataka restricts entry of people from Guj, Maha, Kerala, TN

Rediff.com18 May 2020

"We have decided not to allow people from Gujarat, Maharashtra, Kerala and Tamil Nadu till May 31, but allowed in stages (staggered manner)," the CM said said.

Tambe retires, withdraws and retires yet again to play in CPL

Tambe retires, withdraws and retires yet again to play in CPL

Rediff.com7 Jul 2020

The BCCI will not stop veteran leg-spinner Pravin Tambe from playing for Trinbago Knight Riders in the Caribbean Premier League as it has been confirmed that he has officially retired, albeit second time having withdrawn on the first occasion. The 48-year-old Tambe is set to become first Indian player to play in the CPL. As per BCCI rules, he is now eligible having announced his retirement from all forms of cricket.

Mumbai's taxis, autos strike postponed for 10 days

Mumbai's taxis, autos strike postponed for 10 days

Rediff.com25 Jul 2016

Following an assurance from the state government that their grievances would be looked into, the strike -- which was to begin on Tuesday -- has been pushed back.

Emergency-level AQI: Delhiites advised to limit outdoor activities

Emergency-level AQI: Delhiites advised to limit outdoor activities

Rediff.com12 Nov 2021

According to the Graded Response Action Plan (GRAP), the air quality is considered to be in the emergency category if the PM2.5 and PM10 levels continue to be above 300 micrograms per cubic metre and 500 micrograms per cubic metre respectively for 48 hours or more.

IOC to build India's first green hydrogen plant

IOC to build India's first green hydrogen plant

Rediff.com20 Jul 2021

India's largest oil firm IOC will build the nation's first 'green hydrogen' plant at its Mathura refinery, as it aims to prepare for a future catering to the growing demand for both oil and cleaner forms of energy. Indian Oil Corporation (IOC) has drawn a strategic growth path that aims to maintain focus on its core refining and fuel marketing businesses while making bigger inroads into petrochemicals, hydrogen and electric mobility over the next 10 years, its chairman Shrikant Madhav Vaidya said. The company will not set captive power plants at all its future refinery and petrochemical expansion projects and instead use the 250 MW of electricity it produces from renewable sources like solar power, he told PTI in an interview.

Odd-even car formula from 8 am-8 pm, says Delhi government

Odd-even car formula from 8 am-8 pm, says Delhi government

Rediff.com8 Dec 2015

A high-level meeting, chaired by Chief Minister Arvind Kejriwal, also decided to enforce the restrictions date-wise as even numbered cars will be allowed to ply on even dates and odd-numbered ones will ply on odd dates.

Four killed in TN rains; more downpour likely in next 24 hrs

Four killed in TN rains; more downpour likely in next 24 hrs

Rediff.com8 Nov 2021

Surplus rain water gushed out of reservoirs while several roads here resembled swollen rivers and four persons were killed in rain related incidents in Tamil Nadu and over 60 houses suffered damage, authorities here said on Monday.

Wedding of Kumaraswamy's son was 'well within limits': Yediyurappa

Wedding of Kumaraswamy's son was 'well within limits': Yediyurappa

Rediff.com18 Apr 2020

"All the necessary permissions were given and the marriage was performed in a simple manner. There is no need to discuss about it. They had done it well within their limits for which I congratulate them," Yediyurappa said to a query from reporters during the post-COVID-19 briefing.

2 Biggest Risks for the Equity Markets

2 Biggest Risks for the Equity Markets

Rediff.com14 Jul 2021

'Q1 is going to bear the brunt of the second wave, exposing full-year GDP forecasts to downward revisions, unless phase-3 of vaccination is executed quickly.'

Delhi's air quality 'severe', likely to remain so on Diwali

Delhi's air quality 'severe', likely to remain so on Diwali

Rediff.com7 Nov 2020

Experts said while meteorological conditions were "moderately" favourable for dispersion of pollutants, a "very high" number of farm fires in Punjab was the primary reason for "severe" air quality.

India seen contributing 15% of global growth by FY26

India seen contributing 15% of global growth by FY26

Rediff.com19 Jan 2021

The ongoing key reforms such as sops for manufacturing, easier labour laws, wooing FDI inflows and privatisation will help improve productivity and support long-term growth at 7.5-8 per cent levels, which if played out well, can help India contribute 15 per cent of global GDP growth by FY2026, says a report. According to a report pencilled by the India economist at UBS Securities, Tanvee Gupta Jain, the country has the lowest manufacturing costs among peers, even though China retains significant ecosystem advantages and despite that India and Vietnam appear most likely to benefit from a shift out of China.

'The roads are blocked with military tanks'

'The roads are blocked with military tanks'

Rediff.com12 Mar 2022

'Those (Russian) fighter jets just drop bombs and fly away.' 'How will they know if a bus is carrying Indian students?'

Chennai deserted as lockdown kicks in, 2,000 plus cases filed against violators

Chennai deserted as lockdown kicks in, 2,000 plus cases filed against violators

Rediff.com19 Jun 2020

Shops selling essentials including vegetables functioned from morning till 2 pm and private vehicles and autos, taxis were off the roads.

New restrictions in Maha from Wednesday. What's allowed and what's not

New restrictions in Maha from Wednesday. What's allowed and what's not

Rediff.com13 Apr 2021

Maharashtra Chief Minister Uddhav Thackeray announced a statewide curfew for 15 days from 8 am on April 14 to contain the rapid spread of the coronavirus in its second wave. With Section 144 being imposed across the state, Thackeray essential services have been exempted from the restrictions. The curfew will be in place till 7 am on May 1.

Bandh likely to hit supply of rations for protesters

Bandh likely to hit supply of rations for protesters

Rediff.com8 Dec 2020

But we have enough stacked up for another 2-3 months. We have come prepared for a long haul, Gurjaint Singh from Panipat said.

IPL set to roll even as COVID situation worsens in India

IPL set to roll even as COVID situation worsens in India

Rediff.com7 Apr 2021

The Indian Premier League is not only one of the world's most lucrative annual sporting properties but also among the most durable, with not even the lengthening shadow of the COVID-19 pandemic apparently able to stop the Twenty20 juggernaut.

RBI retains GDP growth forecast at 10.5% for FY'22

RBI retains GDP growth forecast at 10.5% for FY'22

Rediff.com7 Apr 2021

The Reserve Bank of India on Wednesday retained the economic growth projection for the current financial year at 10.5 per cent, while cautioning that the recent surge in COVID-19 infections has created uncertainty over the economic growth recovery. In its last policy review, the RBI had projected a GDP growth rate of 10.5 pc for FY'22. Taking various factors into consideration, it said, "the projection of real GDP growth for 2021-22 is retained at 10.5 per cent consisting of 26.2 per cent in Q1, 8.3 per cent in Q2, 5.4 per cent in Q3 and 6.2 per cent in Q4."

India likely to have current account surplus this fiscal

India likely to have current account surplus this fiscal

Rediff.com23 Nov 2020

Chief Economic Adviser K V Subramanian on Monday said India is likely to post current account surplus in the current financial year as there is moderation in import due to under heating of the economy triggered by the COVID-19 crisis. This crisis is different from what the world witnessed during the taper tantrum, he said while addressing a virtual conference organised by industry body CII. Taper tantrum phenomenon refers to the 2013 collective reactionary response that triggered a spike in US treasury yields, after investors learned that the US Fed was slowly putting brakes on its quantitative easing (QE) program.

No diesel taxis on Delhi roads from May 1, says SC

No diesel taxis on Delhi roads from May 1, says SC

Rediff.com30 Apr 2016

It is the end of the road for diesel taxis including those run by aggregators like Ola and Uber in Delhi and National Capital Region.

'Budget has long-term vision'

'Budget has long-term vision'

Rediff.com2 Feb 2022

'There is a vision in the Budget, and the vision is to take India from a largely agrarian, rural economy into a fast-track digitalised economy.'

Lockdown in Delhi extended till May 17; curb on Metro services, weddings

Lockdown in Delhi extended till May 17; curb on Metro services, weddings

Rediff.com9 May 2021

The Delhi government had been forced to impose lockdown amid a steep rise in COVID-19 cases on April 20. Although, the cases have come down and positivity rate has reduced from the high of 35 per cent on April 26 to around 23 per cent now, but strictness is needed.