News for 'Reducing Reliance on Imports'

How AI Is Reshaping Human Resources

How AI Is Reshaping Human Resources

Rediff.com21 Jun 2026

A recent survey reveals that Artificial Intelligence is becoming a central focus in human resource management, with a majority of professionals identifying it as a top priority for improving efficiency, reducing costs, and optimising workforce planning across various HR functions.

Reliance Begins Green Energy Rollout From Jamnagar Complex

Reliance Begins Green Energy Rollout From Jamnagar Complex

Rediff.com28 May 2026

Reliance Industries has delivered the first batch of solar modules from its green energy complex in Jamnagar, Gujarat, marking the operational rollout of its New Energy business. The company is developing an integrated clean energy manufacturing ecosystem, including solar modules, batteries, green hydrogen, and bio-energy infrastructure.

DME Blending: A Path To Reducing India's LPG Dependence

DME Blending: A Path To Reducing India's LPG Dependence

Rediff.com19 Apr 2026

A new report suggests that blending 20 per cent dimethyl ether (DME) with LPG could significantly reduce India's LPG imports, leading to substantial savings in foreign exchange.

Avoid destination weddings, prefer online classes: Modi continues austerity push

Avoid destination weddings, prefer online classes: Modi continues austerity push

Rediff.com11 May 2026

Prime Minister Narendra Modi has appealed to citizens to adopt austerity measures, including avoiding destination weddings abroad and reducing edible oil consumption, to mitigate the impact of the West Asia crisis on India's economy.

IIT Madras And Herbalife Partner For Plant Cell Fermentation CoE

IIT Madras And Herbalife Partner For Plant Cell Fermentation CoE

Rediff.com5 days ago

IIT Madras, in partnership with Herbalife International India, has inaugurated India's first Centre of Excellence for plant cell fermentation technology. This new facility aims to be a national hub for sustainable innovation, research, and development, focusing on producing herbal biomass, enriched extracts, and high-value phytochemicals, while bridging the gap between lab research and industrial applications.

Rajnath Singh Calls for Self-Reliance in Drone Manufacturing Amid Global Conflicts

Rajnath Singh Calls for Self-Reliance in Drone Manufacturing Amid Global Conflicts

Rediff.com19 Mar 2026

Defence Minister Rajnath Singh has emphasised the need for India to develop a robust drone manufacturing ecosystem, drawing lessons from recent global conflicts and highlighting the importance of self-reliance in drone technology.

US announces 126% duty on imports of Indian...

US announces 126% duty on imports of Indian...

Rediff.com26 Feb 2026

The United States has announced a preliminary countervailing duty of 125.87 per cent on imports of certain Indian solar goods, alleging unfair subsidisation. This move could impact India's renewable energy sector and its efforts to boost domestic solar manufacturing.

INOX Air Products Commissions Ultra-High Purity Oxygen Plant in India

INOX Air Products Commissions Ultra-High Purity Oxygen Plant in India

Rediff.com3 Apr 2026

INOX Air Products has commissioned a new ultra-high purity liquid oxygen facility in Hosur, Tamil Nadu, to support India's growing semiconductor and solar manufacturing sectors, reducing reliance on imports.

Govt restores commercial LPG supplies as West Asia crisis eases

Govt restores commercial LPG supplies as West Asia crisis eases

Rediff.com4 days ago

The government on Thursday restored liquefied petroleum gas (LPG) supplies to commercial consumers such as hotels, restaurants and other businesses to pre-crisis levels, and lifted sector-specific restrictions imposed during the recent West Asia conflict, in a sign that energy supply concerns are easing as global markets stabilise.

UPI and Card Payments Simplify Customs Duty on ICEGATE

UPI and Card Payments Simplify Customs Duty on ICEGATE

Rediff.com25 Mar 2026

The Central Board of Indirect Taxes and Customs (CBIC) has enabled UPI, debit, and credit card payments for Customs duty on the ICEGATE portal, enhancing ease of doing business for importers and exporters.

RBI Keen to Expand Use of Indian Rupee for Russian Trade

RBI Keen to Expand Use of Indian Rupee for Russian Trade

Rediff.com19 Mar 2026

The Reserve Bank of India (RBI) is exploring ways for Russian trade counterparts to use accumulated Indian rupees (INR) for imports or capital investments in India, aiming to boost INR-Rouble transactions and reduce reliance on the US dollar.

5 diamonds weighing 1.22 carats found during exploration in Chhattisgarh

5 diamonds weighing 1.22 carats found during exploration in Chhattisgarh

Rediff.com7 days ago

Five diamonds, including two of gem quality, have been discovered during scientific exploration in Chhattisgarh's Mahasamund district. This significant find in the Baloda-Belmundi Diamond Block could establish a new diamond-bearing region, promising future investments, revenue generation, and employment opportunities for the state and strengthening India's domestic diamond resources.

Jindal Steel Turns to Syngas to Overcome Natural Gas Shortages

Jindal Steel Turns to Syngas to Overcome Natural Gas Shortages

Rediff.com6 Apr 2026

Jindal Steel has successfully deployed syngas in its galvanising and colour coating line furnaces to combat shortages of natural gas, LPG, and propane. This innovative approach allows the company to sustain operations and promotes energy self-reliance.

No vehicle days, convoy cut, public transport, WFH: Andhra's fuel saving plan

No vehicle days, convoy cut, public transport, WFH: Andhra's fuel saving plan

Rediff.com14 May 2026

The Andhra Pradesh cabinet has recommended a series of measures, including 'No Vehicle Day,' online classes, and reduced foreign tours, to mitigate the economic impact of the Gulf war.

US-Iran Peace Deal: Analysts Eye OMCs, Aviation, Infra as Key Beneficiaries

US-Iran Peace Deal: Analysts Eye OMCs, Aviation, Infra as Key Beneficiaries

Rediff.com16 Jun 2026

A potential US-Iran peace deal, expected to be signed on June 19, is anticipated to ease geopolitical stress and benefit various sectors, particularly in India, with analysts suggesting investors await finer details before making significant moves.

India's fertiliser subsidy bill set to double to Rs 3.4 trillion in FY27

India's fertiliser subsidy bill set to double to Rs 3.4 trillion in FY27

Rediff.com17 Jun 2026

India's Central government is likely to see its fertiliser subsidy bill double to a record 3.4 trillion in FY27, up from the Budget estimate of 1.7 trillion, due to surging global fertiliser prices exacerbated by the West Asia war. This significant increase, coupled with revenue losses from excise duty cuts for oil-marketing companies, is straining the government's fiscal space, though capital expenditure plans remain unchanged.

Rs 64,000 Crore Investment in Coal Gasification to Cut Energy Imports

Rs 64,000 Crore Investment in Coal Gasification to Cut Energy Imports

Rediff.com23 Mar 2026

Coal and Mines Minister G Kishan Reddy announced that seven coal gasification projects will be established in Maharashtra, Odisha, and West Bengal with a Rs 64,000 crore investment, aiming to reduce India's reliance on energy imports.

Novartis Launches Prostate Cancer Radiotherapy

Novartis Launches Prostate Cancer Radiotherapy

Rediff.com7 days ago

The launch highlights the growing maturity of India's nuclear medicine ecosystem.

Crisil: Gold Jewellery Sales Volume to Drop 13-15% in FY27 Amid High Prices, Duty Hike

Crisil: Gold Jewellery Sales Volume to Drop 13-15% in FY27 Amid High Prices, Duty Hike

Rediff.com22 May 2026

India's organised gold jewellery retail sector is projected to experience a 13-15 per cent year-on-year decline in sales volumes this fiscal, following an 8 per cent drop last year, due to elevated gold prices and a recent import duty hike, according to a Crisil report.

Flex fuel to be sold at 5,000 outlets by end of next year

Flex fuel to be sold at 5,000 outlets by end of next year

Rediff.com5 Jun 2026

Oil-marketing companies (OMCs) are set to significantly expand the sale of flex fuel (E85) across India, with plans to reach 5,000 outlets in major cities by the end of next year, according to Petroleum Minister Hardeep Singh Puri. This move aims to boost ethanol demand, reduce crude oil imports, and cut carbon emissions, coinciding with the launch of India's first flex-fuel vehicles by Maruti Suzuki and Hero MotoCorp.

FPIs withdraw nearly Rs 33,000 crore in May, total outflow crosses Rs 2.25 lakh crore in 2026

FPIs withdraw nearly Rs 33,000 crore in May, total outflow crosses Rs 2.25 lakh crore in 2026

Rediff.com31 May 2026

Foreign Portfolio Investors (FPIs) withdrew nearly Rs 33,000 crore from Indian equities in May, bringing the total outflow for 2026 to Rs 2.25 lakh crore, driven by weak earnings growth, rupee depreciation, and more attractive opportunities in other global markets.

'We Are Buying Russian Oil Even Now'

'We Are Buying Russian Oil Even Now'

Rediff.com27 May 2026

India bought 1.87 million barrels of Russian oil per day in May so far, meeting approximately 40 per cent of its oil imports.

India widens nuke arsenal lead over Pak: SIPRI report

India widens nuke arsenal lead over Pak: SIPRI report

Rediff.com8 Jun 2026

A new report from the Stockholm International Peace Research Institute (SIPRI) indicates that India has expanded its nuclear arsenal and is developing long-range weapons capable of reaching targets across China, while also maintaining focus on its rivalry with Pakistan.

'It's Not Modi's Rupee That Benefits. It's India's Rupee That Benefits'

'It's Not Modi's Rupee That Benefits. It's India's Rupee That Benefits'

Rediff.com18 May 2026

'In all these years of rupee depreciation, of rising oil prices, of inflation caused by import dependence, not one leader had the courage to look the people in the eye and say: Please do this for your country.'

Bernstein Urges India To Accelerate Structural Reforms

Bernstein Urges India To Accelerate Structural Reforms

Rediff.com23 Apr 2026

Brokerage Bernstein has warned Prime Minister Narendra Modi that India risks squandering recent economic gains unless it accelerates structural reforms, particularly in jobs, manufacturing and innovation.

Experts Call for Unified Framework to Boost India's Energy Storage Capacity

Experts Call for Unified Framework to Boost India's Energy Storage Capacity

Rediff.com25 Mar 2026

Industry experts and the India Energy Storage Alliance (IESA) advocate for a unified framework to address the significant supply gap in domestic cell manufacturing, crucial for enhancing India's energy storage capabilities and reducing reliance on imports.

Bengaluru Army Workshop Forges Alliances to Advance Drone Manufacturing

Bengaluru Army Workshop Forges Alliances to Advance Drone Manufacturing

Rediff.com25 Mar 2026

The 515 Army Base Workshop in Bengaluru has signed multiple strategic MoUs to bolster indigenous drone manufacturing and ecosystem resilience, marking a significant step towards modernisation and self-reliance in unmanned systems.

Policy for adoption of flex-fuel vehicles in works: Centre

Policy for adoption of flex-fuel vehicles in works: Centre

Rediff.com23 Apr 2026

The Indian government is actively developing a policy for flex-fuel vehicle adoption and aiming for 100 per cent ethanol blending in petrol to enhance energy self-reliance, particularly in light of supply disruptions from the West Asia conflict.

Petrol, diesel price hiked for 3rd time in 10 days

Petrol, diesel price hiked for 3rd time in 10 days

Rediff.com23 May 2026

Petrol price has been increased by 87 paise in Delhi from Rs 98.64 to Rs 99.51 per litre. Diesel rates have gone up by 91 paise from Rs 91.58 to Rs 92.49.

515 ABW Forges Alliances to Advance Drone Manufacturing and Security

515 ABW Forges Alliances to Advance Drone Manufacturing and Security

Rediff.com25 Mar 2026

The 515 Army Base Workshop (ABW) in Bengaluru has signed multiple MoUs to strengthen indigenous drone manufacturing and ecosystem resilience, marking a significant step towards modernisation and self-reliance in unmanned systems.

What Jawaharlal Nehru Did for India

What Jawaharlal Nehru Did for India

Rediff.com16 Jun 2026

Through his commitment to democratic norms, debate, dissent and constitutionalism, Jawaharlal Nehru helped ensure that parliamentary democracy took deep root in independent India. Utkarsh Mishra evaluates Nehru's 17 years as India's first prime minister, examining his role in nation-building, democratic institution-building, economic planning, scientific advancement and foreign policy.

'Oil Is Not The Problem. The Bigger Problem Is Gold'

'Oil Is Not The Problem. The Bigger Problem Is Gold'

Rediff.com18 May 2026

'Every year we import approximately $70 billion worth of gold -- closer to $72 billion in 2025-2026, an all-time record.' 'There is no parallel for this anywhere in the world. And this love for gold will not disappear overnight.'

Pressure builds on developers to hike prices as costs rise

Pressure builds on developers to hike prices as costs rise

Rediff.com13 Apr 2026

Indian realty developers are contemplating price increases for ongoing and upcoming projects to offset margin pressures caused by rising input costs and supply chain disruptions, exacerbated by the West Asia conflict. Input and labour costs have surged by 5-12%, directly impacting developer margins, especially for under-construction projects.

Big boost to Aatmanirbharta! India to develop 1000-kg aerial bomb

Big boost to Aatmanirbharta! India to develop 1000-kg aerial bomb

Rediff.com4 Apr 2026

The Indian defence ministry has initiated a project to indigenously design and develop a 1000-kg aerial bomb for the Indian Air Force (IAF), aiming to enhance self-reliance in the defence sector.

Iran War Offers India Key Lessons

Iran War Offers India Key Lessons

Rediff.com9 Jun 2026

A lesson for India is to clearly define objectives beforehand, so that the adversary or other parties do not attempt to mitigate them midway.

Petrol tops Rs 100 across most cities, diesel nears Rs 100 as prices raised for 4th time

Petrol tops Rs 100 across most cities, diesel nears Rs 100 as prices raised for 4th time

Rediff.com25 May 2026

Petrol and diesel prices in India have seen their fourth increase in less than two weeks, pushing cumulative hikes to nearly Rs 7.5 per litre since May 15, reaching their highest levels since May 2022. This surge, driven by global crude oil costs and the Iran conflict, is expected to exacerbate inflationary pressures and raise transportation costs across the economy.

ONGC, Reliance sign pact for sharing offshore resources

ONGC, Reliance sign pact for sharing offshore resources

Rediff.com28 Jan 2026

In a strategic move to boost offshore energy exploration and operational efficiency, Oil and Natural Gas Corporation Ltd (ONGC) and Reliance Industries Ltd have signed an agreement to share resources such as supply vessels used in finding and producing oil and gas.

IAF to procure high-altitude compact UAV for Garud Special Forces

IAF to procure high-altitude compact UAV for Garud Special Forces

Rediff.com19 Apr 2026

The Indian Air Force is set to procure a compact, indigenous unmanned aerial vehicle (UAV) system for its elite Special Forces unit, designed to operate in extreme conditions and high altitudes.

Sebi introduces fast-track route for AIF scheme launches, cutting approval times

Sebi introduces fast-track route for AIF scheme launches, cutting approval times

Rediff.com1 May 2026

The Securities and Exchange Board of India (Sebi) has implemented a fast-track mechanism for Alternative Investment Funds (AIFs), allowing scheme launches after 30 days of filing, aiming to reduce timelines and accelerate capital deployment.

Why India's Japan Connection Is Important

Why India's Japan Connection Is Important

Rediff.com7 Mar 2026

In a region increasingly shaped by competition and coercion, such collaboration strengthens security without confrontation, builds capacity without dependency and promotes order without domination, points out Dr Kumar.