News for 'PLI'

Maha denies police clearance to 26/11 acquitted, cites terror watch

Maha denies police clearance to 26/11 acquitted, cites terror watch

Rediff.com19 Sep 2025

The Maharashtra government informed the Bombay High Court that Faheem Ansari, acquitted in the 26/11 terror attack case, was denied a police clearance certificate due to ongoing suspicion of being a member of a banned terror organization. Ansari sought the certificate to operate an autorickshaw.

Want To Invest In Manufacturing Funds?

Want To Invest In Manufacturing Funds?

Rediff.com3 Nov 2025

'They are a poor fit for anyone with near-term goals, low volatility tolerance, or a need for steady income or liquidity.' 'First-time investors should typically avoid them.'

No coercive action: SC relief to owners of old vehicles in Delhi-NCR

No coercive action: SC relief to owners of old vehicles in Delhi-NCR

Rediff.com12 Aug 2025

The Supreme Court has ordered authorities not to take coercive action against owners of diesel vehicles over 10 years old and petrol vehicles older than 15 years in Delhi-NCR.

100 mm of rain lashes parts of Mumbai; more showers expected

100 mm of rain lashes parts of Mumbai; more showers expected

Rediff.com28 Sep 2025

The IMD has predicted "heavy to very heavy" rainfall in Mumbai on Sunday.

Govt nearly doubles PLI scheme share of five key industry segments

Govt nearly doubles PLI scheme share of five key industry segments

Rediff.com12 Feb 2024

In a big push to the production-linked incentive (PLI) scheme, the government has nearly doubled (increase of 81 per cent) the allocation in five key industry segments from Rs 8,405 crore in the Revised Estimate of FY24 to Rs 15,198 crore in the Interim Budget for FY25. The segments cover over eight PLI schemes, including mobile phones, IT hardware, pharma (PLIs for medical devices, intermediates and pharmaceuticals), food processing, telecom hardware and, auto and auto components. In FY24, DPIIT officials, however, said that the disbursements would be much higher at around Rs 11,000 crore than what has been budgeted for the year.

Manufacturing Push Lifts Private Capex In H1FY26

Manufacturing Push Lifts Private Capex In H1FY26

Rediff.com10 Nov 2025

Private investment projects constitute well over 70 per cent of the nearly Rs 34 trillion of fresh investments announced in H1 this year.

What Will Today's PLI Meeting Decide?

What Will Today's PLI Meeting Decide?

Rediff.com27 Jun 2023

Centre mulls strategy to ensure powers given to the agencies are not misused.

'Lenovo to Double 'Make in India' Devices in 2 Years'

'Lenovo to Double 'Make in India' Devices in 2 Years'

Rediff.com13 Sep 2025

'We are increasing our footprint, but other markets also compete - like Indonesia or Vietnam.'

World Cup Win Unlocks New Era for Women's Cricket In India

World Cup Win Unlocks New Era for Women's Cricket In India

Rediff.com3 Nov 2025

Women's cricket is no longer a career option, it would be a calling for the millions of girls, whose parents have remained sceptical about their daughters dreaming about wearing India Blues.

How India can tackle China's restrictions on rare earth supply

How India can tackle China's restrictions on rare earth supply

Rediff.com11 Sep 2025

India must act decisively to fully leverage the vast opportunities that exist in India for developing the entire rare earth magnet ecosystem, SIAM president Shailesh Chandra said on Thursday. The government is considering incentives for the production of rare earth minerals and magnets in response to China's restrictions on its global supply, which have disrupted the supply chain.

Value-add target in new PLI scheme for electronics manufacturing may double

Value-add target in new PLI scheme for electronics manufacturing may double

Rediff.com19 Jun 2024

In a move to deepen manufacturing in electronics in India, the Centre is targeting 35-40 per cent value-addition through the yet-to-be launched production-linked incentive (PLI) scheme for electronics components, sources in the government

How govt's PLI scheme is fuelling Dixon's global dreams

How govt's PLI scheme is fuelling Dixon's global dreams

Rediff.com27 Dec 2023

Dixon Technologies right now is a beehive of activity. It is building a new facility in Noida to make 1.3 million laptops for Taiwanese PC maker Acer. The facility must be up and running in four months. The pace of activity will only increase. Last week Dixon won a similar contract from Lenovo, the Chinese personal computer maker and the third largest information technology (IT) hardware brand in India, to assemble laptops and notebooks. Though the clientele in these two cases is Taiwanese and Chinese, Dixon is a company reaching for the stars with its feet planted firmly in the Indian government's policy.

PLI scheme for auto sector extended by a year

PLI scheme for auto sector extended by a year

Rediff.com1 Jan 2024

The Ministry of Heavy Industries on Monday announced the extension of the Production Linked Incentive (PLI) Scheme for Automobile and Auto Components by one year with "partial amendments". This decision has been made after receiving the approval of the Empowered Group of Secretaries (EGoS). "In pursuance of the approval of EGoS, the Ministry of Heavy Industries has made partial amendments in the Production Linked Incentive (PLI) Scheme for the Automobile and Auto Component Industry and Guidelines of the Scheme.

Tata Motors seeks govt help to ease electric vehicle raw material sourcing

Tata Motors seeks govt help to ease electric vehicle raw material sourcing

Rediff.com23 Aug 2025

Spreading risks in sourcing raw materials for electric vehicle (EV) manufacturing is "very critical" and the government can play a key role by enabling access to these from multiple locations worldwide, said Vivek Srivatsa, chief commercial officer at Tata Passenger Electric Mobility, on Friday while stressing the need for faster localisation, especially of batteries.

No motor vehicle tax if not used in public place, rules SC

No motor vehicle tax if not used in public place, rules SC

Rediff.com31 Aug 2025

The Supreme Court has ruled that motor vehicle tax is not applicable if a vehicle is not used or kept for use in a 'public place'. The ruling came on an appeal challenging a judgement of the Andhra Pradesh High Court.

Nearly Rs 41,000 crore unspent in govt's Rs 1.97 trillion PLI scheme

Nearly Rs 41,000 crore unspent in govt's Rs 1.97 trillion PLI scheme

Rediff.com12 Feb 2024

Of the Rs 1.97 trillion that the government intends to spend on all 14 production-linked incentive (PLI) schemes, around Rs 41,000 crore remains unutilised as of now, according to a senior government official. This means that 80 per cent of the total allocated amount, or Rs 1.56 trillion, will be used to pay incentives to companies eligible to claim benefits over the next few years. The unutilised amount/savings result from undersubscription, lukewarm responses in the case of schemes such as textile, as well as a reduction in the allocation of schemes.

Curfew lifted in Leh after funerals, internet ban continues

Curfew lifted in Leh after funerals, internet ban continues

Rediff.com30 Sep 2025

Authorities relaxed the curfew in Leh, Ladakh, allowing markets to reopen after week-long restrictions following violent clashes. The situation is gradually returning to normal with increased security measures.

Structural gains, valuation support positive for PSU bank stocks

Structural gains, valuation support positive for PSU bank stocks

Rediff.com7 Oct 2025

Public-sector banks (PSBs) are attracting the attention of investors and the PSU Bank Index has gained nearly 10 per cent in the past month. PSBs have seen return on assets (RoA) climbing to 1 per cent in 2024-2025 (FY25) and margins are believed to have moved up further in the first half of this financial year (H1FY26) with asset quality remaining stable.

Tariff poses major challenge for Maruti's exports to US

Tariff poses major challenge for Maruti's exports to US

Rediff.com15 Sep 2025

Almost 30 per cent of Maruti's auto-component exports are to the US, and about half of that is facing a duty of 25 per cent and the other half 50 per cent.

Shortcuts Won't Build Industrial Capability

Shortcuts Won't Build Industrial Capability

Rediff.com28 Jul 2025

Any industrial policy is only as good as how it is applied and the other reforms that support it. This was as true 40 years ago as it is now, points out Debashis Basu.

Rs 23K crore electronics PLI scheme set to be rolled out in 3 weeks

Rs 23K crore electronics PLI scheme set to be rolled out in 3 weeks

Rediff.com9 Apr 2025

The government on Tuesday notified the Rs 22,919 crore scheme to promote domestic manufacturing of electronics components, display and camera modules, non-surface mount devices, multi-layer printed circuit boards and lithium-ion cells for digital applications, among others. The scheme is likely to be operationalised in the next 2-3 weeks.

Will Ashwin Feature In BBL 2026?

Will Ashwin Feature In BBL 2026?

Rediff.com3 Sep 2025

'To get someone with Ashwin's credentials to come over here for the BBL will be great at so many levels.'

Vaishnaw presents first made-in-India chip to Modi at Semicon 2025

Vaishnaw presents first made-in-India chip to Modi at Semicon 2025

Rediff.com2 Sep 2025

Modi inaugurated the Semicon India 2025 in Delhi, in the presence of Chief Minister Rekha Gupta, and Union Minister of Commerce and Industry Jitin Prasada.

Ten dead as torrential rain paralyses Kolkata; Puja holidays advanced

Ten dead as torrential rain paralyses Kolkata; Puja holidays advanced

Rediff.com24 Sep 2025

Heavy overnight rainfall caused widespread flooding in Kolkata, disrupting traffic, public transport, and daily life. Train and Metro services were suspended, and many areas experienced significant waterlogging.

TVK chief Vijay targets CM Stalin, vows to end family rule in TN

TVK chief Vijay targets CM Stalin, vows to end family rule in TN

Rediff.com20 Sep 2025

Vijay, who spoke on the fishermen issues in nearby Nagapattinam, sported a green headgear and addressed farmers' grievances and sought an answer from CM Stalin.

Maruti boss on how India can become a global manufacturing hub

Maruti boss on how India can become a global manufacturing hub

Rediff.com12 Sep 2025

The next many decades belong to India as the global economic powerhouse, and it will be essential to continue demonstrating policy stability, as the country aspires to be the world's manufacturing hub, Maruti Suzuki India MD and CEO Hisashi Takeuchi said on Friday.

'Rohit will quit after ODI WC, Gill will succeed him'

'Rohit will quit after ODI WC, Gill will succeed him'

Rediff.com20 Aug 2025

Kaif expects Rohit's retirement after 2027 ODI World Cup, picks his replacement

Rapido sponsors Maha minister's 'Dahi Handi' event, faces flak

Rapido sponsors Maha minister's 'Dahi Handi' event, faces flak

Rediff.com8 Aug 2025

Maharashtra Transport Minister Pratap Sarnaik faces criticism after Rapido, the bike taxi aggregator he exposed for illegal operations, became the lead sponsor for a 'Dahi Handi' event organized by his family.

Export units at Tirupur, Noida, Surat halt production amid high US tariffs

Export units at Tirupur, Noida, Surat halt production amid high US tariffs

Rediff.com26 Aug 2025

Apex exporters body FIEO on Tuesday expressed serious concerns over high US tariffs on Indian goods and said that textiles and apparel manufacturers in Tirupur, Noida, and Surat have halted production amid worsening cost competitiveness due to these steep duties. The US duties on Indian goods will increase to 50 per cent from August 27.

Analysts' thumbs-up for Maruti's first e-SUV

Analysts' thumbs-up for Maruti's first e-SUV

Rediff.com2 Sep 2025

Maruti Suzuki's e-Vitara marks its high-stakes EV debut with strong export ambitions, lifting its stock even as analysts caution over pricing and fierce competition.

England get Moeen Ali's expertise ahead of 2nd Test

England get Moeen Ali's expertise ahead of 2nd Test

Rediff.com1 Jul 2025

Head coach Brendon McCullum and spin bowling coach Jeetan Patel were seen having a long conversation with Ali.

2.17 lakh fake notes of various denominations detected in FY25

2.17 lakh fake notes of various denominations detected in FY25

Rediff.com11 Aug 2025

As many as 2.17 lakh pieces of fake notes of various denominations were detected during 2024-25 compared to 2.23 lakh such notes in the previous year, Parliament was informed on Monday. Of this, highest -- 117,722 pieces -- counterfeit notes of 500 [MG (New) Series] were detected in FY25, Minister of State for Finance Pankaj Chaudhary said in a written reply in the Lok Sabha.

Who Says Lata Couldn't Be Sensuous?

Who Says Lata Couldn't Be Sensuous?

Rediff.com29 Sep 2025

Dinesh Raheja celebrates Lata's 96th birth anniversary on September 28 by picking some choice examples of her non-typical songs that are tinged with a rare eroticism.

'Ethanol-blended petrol could reduce mileage by 2-4%'

'Ethanol-blended petrol could reduce mileage by 2-4%'

Rediff.com31 Aug 2025

'The E20 usage accrues the huge benefit to the nation, to the society, to the farmer, to the environment, to the exchequer and all of us'

Trump's 50% tariffs on India kick in; to hit exports

Trump's 50% tariffs on India kick in; to hit exports

Rediff.com27 Aug 2025

On August 7, the US president announced doubling tariffs on Indian goods to 50 percent for India's purchases of Russian crude oil, but gave a 21-day window to negotiate an agreement.

India the team to beat as Asia Cup battle commences

India the team to beat as Asia Cup battle commences

Rediff.com8 Sep 2025

India, for all their internal debates and external expectations, look like the one side that has clarity of purpose. And clarity, in high-pressure tournaments, often counts for more than raw talent.

'Jaddu Bhai Told Me To Remember My Dad'

'Jaddu Bhai Told Me To Remember My Dad'

Rediff.com4 Aug 2025

'He told me to remember all the hard work my father has put in to get me here.'

PLI scheme for more sectors likely in Budget 2023

PLI scheme for more sectors likely in Budget 2023

Rediff.com20 Jan 2023

The government is likely to extend fiscal incentives for production of toys, bicycles and leather and footwear in the forthcoming budget as it looks to expand production linked incentive (PLI) scheme to cover more high-employment potential sectors, sources said. The government has already rolled out the scheme with an outlay of about Rs 2 lakh crore for as many as 14 sectors, including automobiles and auto components, white goods, pharma, textiles, food products, high efficiency solar PV modules, advance chemistry cell and speciality steel. The scheme aims to make domestic manufacturing globally competitive and create global champions in manufacturing, and it is yielding solid results, sources said.

'Auto industry has resilience to tackle rare earth issue'

'Auto industry has resilience to tackle rare earth issue'

Rediff.com27 Jun 2025

'The government is actively engaging with EU to ensure that concerns of Indian companies and hard-to-abate sectors are adequately addressed under CBAM'

50% tariff to severely hit exports of shrimp, apparel, diamonds and footwear

50% tariff to severely hit exports of shrimp, apparel, diamonds and footwear

Rediff.com27 Aug 2025

The USA's steep 50 per cent tariffs on Indian goods entering America will severely impact exports and job creation in labour-intensive export sectors such as shrimp, apparel, leather and gems and jewellery. Exporters said that the imposition of a 25 per cent penalty on India over and above the 25 per cent tariffs move will disrupt the flow of Indian goods to its largest export market.