News for 'PLI'

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in the Caribbean Premier League as it has been confirmed that he has officially retired, albeit second time having withdrawn on the first occasion.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.

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.

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.

More budget carriers mull flying abroad

More budget carriers mull flying abroad

Rediff.com31 Dec 2013

Lower taxes on ATF on international routes certainly help in making operations more viable.

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.

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.

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.

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.

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.

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.'

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.

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.

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.

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.

366 Shramik trains run so far, 4 lakh migrants ferried

366 Shramik trains run so far, 4 lakh migrants ferried

Rediff.com10 May 2020

While 287 trains have already reached their destinations, 79 trains are in transit, officials said. Out of these 287 trains, 127 terminated in Uttar Pradesh, 87 in Bihar, 24 in Madhya Pradesh, 20 in Odisha, 16 in Jharkhand, four in Rajasthan, three in Maharashtra, two each in Telangana and West Bengal, and one each in Andhra Pradesh and Himachal Pradesh, the officials said.

Curfew relaxed in Guwahati, parts of Dibrugarh

Curfew relaxed in Guwahati, parts of Dibrugarh

Rediff.com15 Dec 2019

After the Citizenship (Amendment) Bill was cleared by Parliament, violent protests broke out in Guwahati.

'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?'

Lift communication curbs, demands Kashmir Press Club

Lift communication curbs, demands Kashmir Press Club

Rediff.com24 Sep 2019

It added that there had been several reminders from the club to the government for freeing the communication of newspaper offices, journalists and the club itself.

Mumbaikars, don't go beyond 2 km of your homes: Cops

Mumbaikars, don't go beyond 2 km of your homes: Cops

Rediff.com28 Jun 2020

Movement beyond 2 km is permitted only for attending office or medical emergencies.

Budget: Tax sops for employees working from home?

Budget: Tax sops for employees working from home?

Rediff.com21 Jan 2021

The government could look at providing deductions for expenses incurred by salaried employees while working from home in the upcoming Budget as it looks to boost demand, consulting firm PwC India said on Thursday. Addressing a pre-Budget session, Pwc India senior tax partner Rahul Garg said demand creation is particularly focussed on money being given or left in the hands of the individuals.

India within striking distance of attaining positive growth: RBI

India within striking distance of attaining positive growth: RBI

Rediff.com21 Jan 2021

India's GDP is within the striking distance of attaining positive growth, the Reserve Bank said observing that the letter "V" in the V-shaped recovery stands for vaccine. The Indian government launched the world's biggest vaccination drive on January 16 to protect people from COVID-19. "What will 2021 look like? The shape of the recovery will be V-shaped after all and the 'V' stands for vaccine," said an article on the 'state of economy' in the RBI's January Bulletin. India has launched the biggest vaccination drive in the world, backed by its comparative advantage of having the largest vaccine manufacturing capacity in the world and a rich experience of mass inoculation drives against polio and measles.

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.

Barber shops, e-commerce allowed in orange, green zones: MHA

Barber shops, e-commerce allowed in orange, green zones: MHA

Rediff.com2 May 2020

The MHA on Friday, while extending the lockdown for two more weeks till May 17, lifted many restrictions in green and orange zones. There are no restrictions on sale of non-essential items by e-commerce platforms in green and orange zones, a home ministry spokesperson said, adding barber shops and salons are also allowed to open in these areas.

Boxers Vijender, Manoj help raise funds for ailing Dingko Singh

Boxers Vijender, Manoj help raise funds for ailing Dingko Singh

Rediff.com22 Apr 2020

Boxers and coaches have connected over a WhatsApp group to raise over 1 lakh, transferred directly to Dingko's account through online payment modes. The 'mission' started on Tuesday evening once Dingko's bank details were established. The contributions have ranged from 1,000 to 25,000 so far and are still coming in.

Army rescues over 2,500 stranded tourists in Sikkim

Army rescues over 2,500 stranded tourists in Sikkim

Rediff.com29 Dec 2018

The tourists were returning from Nathu La pass and Tsomgo (Changu) Lake on Friday evening when snowfall in the region blocked roads, leaving over 300 to 400 civil vehicles stranded at various points on Jawahar Lal Nehru Road, East Sikkim District Magistrate Kapil Meena said.

Mumbai: Technical snag halts Central, Harbour line trains

Mumbai: Technical snag halts Central, Harbour line trains

Rediff.com18 Apr 2012

Local trains plying on the Central and Harbour lines in Mumbai were hit by a technical snag on Wednesday morning. Thousands of commuters were stranded after several trains came to a halt on the tracks. According to media reports, only 60 to 70 per cent trains were expected to ply today.

'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.'

Delhi HC bans 'hazardous' erickshaws from city roads

Delhi HC bans 'hazardous' erickshaws from city roads

Rediff.com31 Jul 2014

The Delhi high court on Thursday directed the city government to stop erickshaws from plying on the roads of the national capital "as of now". "Stop it as of now," a bench of justices B D Ahmed and S Mridul said, while observing that "unregulated plying of vehicles on Delhi roads is prima facie a hazard to other traffic on road as well as the citizens".

Xiaomi expands smartphone, TV capacity in India with 3 new plants

Xiaomi expands smartphone, TV capacity in India with 3 new plants

Rediff.com26 Feb 2021

Apart from bringing new suppliers on board, Xiaomi is also hoping to take advantage of the newly launched PLI scheme that offers incentives on incremental production of smartphones with 2020 as the base year.

The Dust Of Development

The Dust Of Development

Rediff.com1 Jan 2022

So, what's the problem if our present is screwed up when the future promises to be profitable? It's an Indian habit, notes Shyam G Menon.

Where have Santiniketan's cycle rickshaws gone?

Where have Santiniketan's cycle rickshaws gone?

Rediff.com25 Mar 2018

The cycle rickshaws have been replaced by battery-run 'totos'. These 'totos' strangely are not registered with the regional transport authority but by the strange rules of West Bengal administration are 'empanelled' with the ruling party, says Keya Sarkar.

Ashwin signs up with Yorkshire for county stint

Ashwin signs up with Yorkshire for county stint

Rediff.com16 Jan 2020

It will be Ashwin's third county stint, having represented Worcestershire and Nottinghamshire in the past.

This govt was not in favour of retro tax: Fin Secy

This govt was not in favour of retro tax: Fin Secy

Rediff.com5 Aug 2021

The bill to nullify retrospective taxation offers a fair solution within the framework of Indian law and Parliamentary sovereignty to companies which have been subjected to such demands, Finance Secretary T V Somanathan said on Thursday. Finance Minister Nirmala Sitharaman introduced 'The Taxation Laws (Amendment) Bill, 2021' in the Lok Sabha that seeks to withdraw tax demands made using a 2012 retrospective legislation to tax the indirect transfer of Indian assets. The Bill provides for the withdrawal of tax demand made on "indirect transfer of Indian assets if the transaction was undertaken before May 28, 2012 (i.e. the day the retrospective tax legislation came into being)."

Transport strike: Commuters suffer as buses, taxis stay off roads

Transport strike: Commuters suffer as buses, taxis stay off roads

Rediff.com30 Apr 2015

The 24-hour transport strike began on Thursday, affecting normal life in several parts of the country including in Kerala and Karnataka, even as the Centre asked private operators and employees of state transport authorities to call off their strike.

Naman Ojha bids tearful adieu to all forms of cricket

Naman Ojha bids tearful adieu to all forms of cricket

Rediff.com15 Feb 2021

Although Ojha's international career never took off, the Ujjain-born player has played 146 first-class games notching up 9,753 runs

Is Rajasthan new hub for narco smugglers?

Is Rajasthan new hub for narco smugglers?

Rediff.com24 Jun 2021

Did the ISI choose the Rajasthan border to smuggle narcotics after striking deals with Indian smugglers, who would send the money to various terrorist groups in Kashmir?

Covid's 4 Lasting Scars On The Economy

Covid's 4 Lasting Scars On The Economy

Rediff.com6 Oct 2021

Expect a more modest out-turn of around 5 per cent (if not less) because of the longer-term scarring effects of the Covid shock, the sharply slowing growth in the pre-Covid years and some scepticism about the growth-efficacy of some of recent official policy initiatives, explains Shankar Acharya, former chief economic advisor to the government.

Commuters hit hard as auto drivers go on strike in Mumbai

Commuters hit hard as auto drivers go on strike in Mumbai

Rediff.com31 Aug 2016

Nearly one lakh autorickshaws went off the roads in Mumbai on Wednesday during a day-long strike to press for regulation of app-based cab sevices, hitting commuters hard with many stranded in several places across the metropolis.