News for 'State Industries'

India-EU FTA: 'Mother Of All Deals': Goyal

India-EU FTA: 'Mother Of All Deals': Goyal

Rediff.com17 Jan 2026

Both India and the EU are likely to announce a conclusion of trade talks on January 27.

Railways Set for Rs 2.7 Trillion Budget

Railways Set for Rs 2.7 Trillion Budget

Rediff.com29 Jan 2026

There is a minimum requirement of Rs 2.5 trillion capital expenditure every year and it is understood at the highest levels of the government.

MHA gets Rs 2.55 lakh cr as Budget sharpens focus on internal security

MHA gets Rs 2.55 lakh cr as Budget sharpens focus on internal security

Rediff.com1 Feb 2026

The Union Budget 2025-26 had allocated Rs 2,33,210.68 crore (BE) to the ministry helmed by Union Home Minister Amit Shah.

Budget 2026: Next 5 Reforms Needed To Boost Growth

Budget 2026: Next 5 Reforms Needed To Boost Growth

Rediff.com28 Jan 2026

Sustaining 8 per cent-plus growth rates is necessary if we are to reach high-income status by 2047, points out Amitabh Kant.

Don't Expect Tax Relief In This Budget!

Don't Expect Tax Relief In This Budget!

Rediff.com27 Jan 2026

After the last Budget's announcement of a major tax relief for those earning an annual salary of less than Rs 12 lakh, there is not much that individuals can look forward to in the forthcoming Budget, points out A K Bhattacharya.

Budget 2026's tax proposals weave a strategic vision

Budget 2026's tax proposals weave a strategic vision

Rediff.com4 Feb 2026

The proposals outlined in Budget 2026-27 represent a carefully crafted, multi-year strategy designed to strengthen India's big bets on the path to Viksit Bharat 2047, says Sameer Gupta.

Tamil Nadu bets big on India's first full-stack sovereign AI park

Tamil Nadu bets big on India's first full-stack sovereign AI park

Rediff.com14 Jan 2026

The sovereign AI park will be a first-of-its-kind, purpose-built district in India, integrating AI compute infrastructure, secure data frameworks, model research labs, and AI innovation clusters, along with a dedicated institute for AI in governance.

In Bengal, Modi calls for ending 'maha jungle raj' of TMC

In Bengal, Modi calls for ending 'maha jungle raj' of TMC

Rediff.com18 Jan 2026

Prime Minister Narendra Modi on Sunday charged the Trinamool Congress government with 'playing with national security by protecting infiltrators' for vote-bank politics, and said ending the ruling party's 'maha jungle raj' was vital to restore law and order, development and investor confidence in the state.

No commercial use of land reclaimed along Mumbai coastal road: SC

No commercial use of land reclaimed along Mumbai coastal road: SC

Rediff.com12 Jan 2026

The bench said, "Be that as it may, the subject area shall ordinarily remain open for the public, except to the extent any development or maintenance work in particular places is required."

ITC's Cloud Kitchens Take Quick Commerce Route

ITC's Cloud Kitchens Take Quick Commerce Route

Rediff.com2 Feb 2026

Through its cloud kitchens, ITC is building a portfolio of shorter shelf-life offerings and selling them through quick commerce platforms.

Tariffs on India 'huge success', may be rolled back: US treasury secy

Tariffs on India 'huge success', may be rolled back: US treasury secy

Rediff.com24 Jan 2026

US Treasury Secretary Scott Bessent indicated a potential pathway to remove tariffs imposed on India for purchasing Russian oil, citing a significant decrease in such purchases. He also criticized Europe's approach and accused India of profiting from discounted Russian oil.

GST rejig helps life insurers' NBP surge 40% in December

GST rejig helps life insurers' NBP surge 40% in December

Rediff.com12 Jan 2026

The life insurance industry recorded nearly 40 per cent year-on-year (Y-o-Y) growth in new business premiums (NBP), aided by the rationalisation of goods and services tax (GST) on individual life insurance premiums, which has made policies more affordable for consumers.

Maharashtra, 1st state to ink pact with Musk's Starlink

Maharashtra, 1st state to ink pact with Musk's Starlink

Rediff.com5 Nov 2025

The Maharashtra government on Wednesday announced partnership with billionaire Elon Musk's satellite communications venture in India to deploy a host of satellite-based internet services, becoming the first Indian state to formally tie-up with the US firm. The government signed a Letter of Intent (LOI) with Starlink Satellite Communications Pvt Ltd.

BJP's Nitin Babu Rises In the Land of Nitish Babu

BJP's Nitin Babu Rises In the Land of Nitish Babu

Rediff.com27 Jan 2026

BJP leaders say Nitin Nabin's low-profile image has made him a favourite of Amit Shah, who was in search of such a leader to appoint to the top party position -- someone who follows the Modi-Shah line as BJP president without "ifs and buts".

Economic Survey says US tariffs are 'most disruptive' in global economy

Economic Survey says US tariffs are 'most disruptive' in global economy

Rediff.com29 Jan 2026

India must focus on building enduring national capabilities and economic sovereignty in the face of shrinking space for rules-based trading, anti-immigrant stance, weaponization of energy sources and growing use of export controls in critical sectors, the Economic Survey said on Thursday.

AI push: Tax break for global cloud firms using Indian data centres

AI push: Tax break for global cloud firms using Indian data centres

Rediff.com1 Feb 2026

The Union Budget on Sunday proposed a tax holiday till 2047 for foreign companies that provide cloud services to customers globally using data centres located in India, signalling the government's push to make the country a major hub for AI and digital infrastructure.

India to restrict Russian oil buy, import only where...

India to restrict Russian oil buy, import only where...

Rediff.com3 Feb 2026

India will restrict crude oil purchases from Russia as part of an agreement reached with the US in exchange for lower trade tariffs, sources said, adding imports will continue for now by refiners such as Nayara Energy, which have no other alternative source. US President Donald Trump announced overnight that the United States will cut the reciprocal tariff on imports of Indian goods to 18 per cent from 25 per cent under a broader bilateral understanding.

AI push: Tax break for global cloud firms using Indian data centres

AI push: Tax break for global cloud firms using Indian data centres

Rediff.com1 Feb 2026

The Union Budget on Sunday proposed a tax holiday till 2047 for foreign companies that provide cloud services to customers globally using data centres located in India, signalling the government's push to make the country a major hub for AI and digital infrastructure.

India, EU ink mobility pact for students, professionals

India, EU ink mobility pact for students, professionals

Rediff.com28 Jan 2026

India and the European Union have finalized a comprehensive mobility pact that will create new opportunities for Indian students and professionals in Europe. The agreement was reached during summit talks between Prime Minister Narendra Modi and top EU officials.

Union Budget 2026: Sitharaman tries to cover all bases, leaves out markets

Union Budget 2026: Sitharaman tries to cover all bases, leaves out markets

Rediff.com1 Feb 2026

Budget 2026 sticks to fiscal discipline, shuns populist measures despite five key state elections coming up, but ends up rattling stock markets with a higher transaction tax on derivatives trading.

BJP defeats united NCP in Pune, Pimpri Chinchwad

BJP defeats united NCP in Pune, Pimpri Chinchwad

Rediff.com16 Jan 2026

The Bharatiya Janata Party on Friday trounced the opposition including the Ajit Pawar-led Nationalist Congress Party and Nationalist Congress Party-Sharadchandra Pawar by winning decisive mandates in Pune and neighbouring Pimpri Chinchwad in the civic polls, retaining power in both municipal corporations.

Gaya's Tilkut Awaits GI Tag

Gaya's Tilkut Awaits GI Tag

Rediff.com14 Jan 2026

'The day tilkut gets the GI tag, it will be a big hit for its health benefits during the cold season in the USA, Canada and Europe.'

A long-game Budget

A long-game Budget

Rediff.com2 Feb 2026

The Union Budget for 2026-27, presented by Finance Minister (FM) Nirmala Sitharaman on Sunday, which was a first, had an excellent domestic macro backdrop. According to the first advance estimates, gross domestic product (GDP) in constant prices is projected to grow 7.4 per cent in the current financial year, against 6.5 per cent in 2024-25.

India-EU FTA: Textiles, pharma, engineering to get major boost

India-EU FTA: Textiles, pharma, engineering to get major boost

Rediff.com26 Jan 2026

Textiles, pharmaceuticals, chemicals, engineering goods, gems and jewellery exports will receive a boost from the free trade agreement between India and the 27-nation European Union, according to exporters.

Steel industry flags price pressure from cheap imports

Steel industry flags price pressure from cheap imports

Rediff.com27 Oct 2025

Ahead of the key meeting called by the steel ministry with the industry captains on Monday to discuss the impact of rising steel imports, companies have raised the issue of cheaper 'substandard' inflows from China, Vietnam, and South Korea, saying they are setting the benchmark for domestic prices and squeezing the profitability of Indian producers.

New labour Codes raise operating expenses of pvt banks, insurers

New labour Codes raise operating expenses of pvt banks, insurers

Rediff.com26 Jan 2026

The new labour Codes, notified by the central government in November 2025, have pushed up employee costs for private-sector banks and insurance companies, with these firms reporting higher operating expenses in the October-December quarter (Q3FY26) due to the statutory impact of the new labour Codes.

World Football's Biggest Earners Revealed!

World Football's Biggest Earners Revealed!

Rediff.com22 Jan 2026

Real Madrid are football's biggest earners, Liverpool best in Premier League

Ambitious, futuristic: PM Modi lauds Sitharaman's 9th Budget

Ambitious, futuristic: PM Modi lauds Sitharaman's 9th Budget

Rediff.com1 Feb 2026

Reiterating Sitharaman's statement that this is a youth power budget, Modi emphasised that the provisions made in the budget will prepare leaders, innovators and creators across different sectors.

Budget 2026 boosts healthcare spend, drugs relief

Budget 2026 boosts healthcare spend, drugs relief

Rediff.com1 Feb 2026

The government on Sunday gave a strong push to upgradation and expansion of healthcare infrastructure, medical education and pharma sector with the Union Budget 2026-27 announcing a slew of steps, including those aimed at making India a global hub for allied healthcare professionals and biopharma manufacturing.

New Labour Codes Will Hit MSMEs Harder, Say HR Firms

New Labour Codes Will Hit MSMEs Harder, Say HR Firms

Rediff.com21 Jan 2026

For MSMEs the transition could mean higher wage bills and tougher compliance -- unless strong handholding follows reports Auhona Mukherjee.

What Weapons Will Putin Sell India On Rare State Visit?

What Weapons Will Putin Sell India On Rare State Visit?

Rediff.com29 Nov 2025

On the table are additional batches of S-400 surface-to-air missile systems from Russia, which India used with immense success during Operation Sindoor. India could buy at least two squadrons of Su-57 fighter jets plus joint production of S-500 air defence systems.

Happy Republic Day, says India as travel peaks for weekend

Happy Republic Day, says India as travel peaks for weekend

Rediff.com24 Jan 2026

The Republic Day long weekend beginning Saturday is driving a surge in travel with hotels and resorts witnessing an increase in bookings led by high demand, reflecting a decisive shift in traveller behaviour and the rise of micro-getaways, industry players said. The increasing preference for short, experience-led holidays is emerging as a strong trend shaping the country's leisure travel market.

16th India-EU summit today; trade, security, defence on agenda

16th India-EU summit today; trade, security, defence on agenda

Rediff.com27 Jan 2026

Over the years, India-EU ties have grown, and covered trade, investment, climate change, science and technology, space, digital, mobility, and connectivity.

'Equity Market Poised For Comeback In 2026'

'Equity Market Poised For Comeback In 2026'

Rediff.com14 Jan 2026

'The bigger unknown remains global geopolitics, which is inherently unpredictable, including developments in our neighbourhood.' 'Another concern is the increasing tilt of government finances towards welfare subsidies, especially at the state level.' 'This could constrain capital expenditure, which is critical for long-term growth.'

'India Should Not Rush To Celebrate Trump's Trade Announcement'

'India Should Not Rush To Celebrate Trump's Trade Announcement'

Rediff.com3 Feb 2026

'Trump says India will buy over $500 billion of US goods.' 'At present, India's annual imports of goods and energy from the US are under $50 billion.' 'Reaching $500 billion would likely require more than 20 years, suggesting the figure refers to a long-term aspiration rather than a near-term commitment.'

India second-most preferred investment destination for CEOs: PwC survey

India second-most preferred investment destination for CEOs: PwC survey

Rediff.com21 Jan 2026

India is the second-most-preferred destination among chief executive officers planning international investments - up from the fifth spot last year, according to PwC's 29th Annual Global CEO Survey released on Tuesday. The United States is their first choice.

Will US capture Putin like Maduro? Here's what Trump said

Will US capture Putin like Maduro? Here's what Trump said

Rediff.com10 Jan 2026

Speaking during a meeting with top US oil and gas executives, Trump added that he was "very disappointed" the conflict had not yet ended.

Pahalgam terror attack victim among 56 awarded by J-K govt

Pahalgam terror attack victim among 56 awarded by J-K govt

Rediff.com26 Jan 2026

Among the 12 media personnel awarded are the PTI Srinagar Bureau Chief, Inayat Jehangir and PTI video journalist, Jammu Somil Abrol. Other awardees in this category include Avtar Krishan Bhat, Vivek Suri, Sunil Ji Bhat, Dinesh Manhotra, Bilal Ahmad Bhat, Razia Noor, Ishfaq Gowhar Zargar, Syed Khalid Hussain, Sarosh Kafeel, and Neeta Sharma.

GST Council To Consider 5% GST For Air, Water Purifiers

GST Council To Consider 5% GST For Air, Water Purifiers

Rediff.com12 Jan 2026

Any reduction on purifiers would need consensus among state finance ministers.

'Buying Opportunity, Not A Regret Opportunity'

'Buying Opportunity, Not A Regret Opportunity'

Rediff.com2 Feb 2026

'For those in for the long haul, this is a God-given opportunity.' 'Your market is falling despite strong fundamentals, and such a clear roadmap has been announced.'