News for 'State for Energy'

USAID funded 7 projects in India not related to voter turnout: Govt

USAID funded 7 projects in India not related to voter turnout: Govt

Rediff.com23 Feb 2025

The Finance Ministry's annual report has revealed that the US Agency for International Development (USAID) funded seven projects worth USD 750 million in India during the 2023-24 fiscal year. The projects, implemented in partnership with the Indian government, cover areas like agriculture and food security, water and sanitation, renewable energy, disaster management, health, sustainable forests, and climate adaptation. This disclosure comes amidst controversy over USAID's alleged role in influencing Indian elections, with claims that the agency allocated USD 21 million to India for 'voter turnout'. However, the report clarifies that no funds were dedicated to enhancing voter turnout.

Why India's Youth Faces Severe Mental Distress

Why India's Youth Faces Severe Mental Distress

Rediff.com27 Mar 2025

Factors that cause severe distress include early smartphone usage, consumption of ultra-processed foods, exposure to environmental toxins, and a growing sense of loneliness.

Don't get nervous: Kohli rubbishes retirement rumours

Don't get nervous: Kohli rubbishes retirement rumours

Rediff.com15 Mar 2025

Virat Kohli said he is not mulling retirement at the moment as he has been enjoying the game.

Missed The IPO Bus? Read This

Missed The IPO Bus? Read This

Rediff.com1 Apr 2025

For investors who missed the initial IPO frenzy, the market correction is an opportunity to selectively invest in promising names, but patience and careful evaluation remain the key.

Renewable energy: Avaada, others up the ante against conglomerates

Renewable energy: Avaada, others up the ante against conglomerates

Rediff.com24 Dec 2023

When Vineet Mittal first got into solar power, sometime around 2009, and was planting solar panels in Gujarat, renewable energy looked like a sector ripe for startups. Renewables were clearly the future of energy, and the big boys - Mukesh Ambani's Reliance, Adani Group, and the Tatas - were focusing much more on coal and petroleum. Little did Mittal know that things were going to change drastically.

Trump to roll back some of Biden's orders

Trump to roll back some of Biden's orders

Rediff.com20 Jan 2025

Donald Trump is expected to sign a series of executive orders upon taking office, including those related to immigration, border security, energy and governance. These orders are intended to implement Trump's policy priorities, including restricting immigration, increasing energy production, and streamlining government operations. The executive orders will include declaring emergency on the southern border, preparing military deployment on the borders, classifying cartels as "foreign terrorist organisations", reinstating the "Remain in Mexico" policy, ending the "Catch and Release" policy, and declaring emergency related to energy. Trump is also expected to roll back some of the executive orders and actions of outgoing President Joe Biden, such as the Paris Climate agreement, lifting restrictions on fossil fuel production, and expanding domestic oil drilling.

FTA talks may figure in Sitharaman's London meetings

FTA talks may figure in Sitharaman's London meetings

Rediff.com31 Mar 2025

Issues related to the proposed free trade agreement (FTA) and bilateral investment treaty between India and the UK are expected to figure during the three-day visit of Finance Minister Nirmala Sitharaman to London from April 8-10, official sources said. The minister will attend a host of meetings, including the India-United Kingdom Economic and Financial Dialogue, in London.

The Coldplay Adventure Of A Lifetime

The Coldplay Adventure Of A Lifetime

Rediff.com27 Jan 2025

We had waited for Something Just Like This, and the experience did not disappoint, says Teemeer.

'US May Demand Not Just Tariff Cuts But...'

'US May Demand Not Just Tariff Cuts But...'

Rediff.com5 Mar 2025

I'...additional concessions, such as opening government procurement, reducing agricultural subsidies, weakening patent protections, and allowing unrestricted data flows -- demands India has resisted for decades.'

US removes restrictions on 3 Indian nuclear entities

US removes restrictions on 3 Indian nuclear entities

Rediff.com16 Jan 2025

In a significant move, the United States on Wednesday removed restrictions on three Indian nuclear entities, over a week after National Security Advisor Jake Sullivan announced that Washington was finalising steps to 'remove' hurdles for civil nuclear partnership between Indian and American firms.

EXPLAINED: Trump's reciprocal tariffs

EXPLAINED: Trump's reciprocal tariffs

Rediff.com3 Apr 2025

Here is a list of Q & As to explain these issues and implications of the US move.

Who's a tougher negotiator? Modi or him? Trump says...

Who's a tougher negotiator? Modi or him? Trump says...

Rediff.com14 Feb 2025

Trump announced that India and the US agreed to work together to build the India-Middle East-Europe Economic Corridor (IMEC) and called it one of the greatest trade routes. He said that the route will operate from Israel to Italy and onward to the US.

Trump withdraws from WHO, Paris accord, again

Trump withdraws from WHO, Paris accord, again

Rediff.com21 Jan 2025

Notably Trump had withdrawn from the Paris Agreement immediately after his first inauguration in January 2017. Joe Biden reversed that decision later.

'Dr Chidambaram Felt India Should Do Better And Better'

'Dr Chidambaram Felt India Should Do Better And Better'

Rediff.com13 Jan 2025

'The very fact that his autobiography is called India Rising is a correct example of his wish for India to be a developed country and do as best as possible by science reaching to the common people.'

Trump, Putin agree to initiate negotiations to end Ukraine war

Trump, Putin agree to initiate negotiations to end Ukraine war

Rediff.com13 Feb 2025

Trump said that he and Putin agreed to have their respective teams start negotiations immediately and begin by calling Ukraine President Volodymyr Zelenskyy regarding the conversation.

Which Pakistan General Will Deal With Jaish?

Which Pakistan General Will Deal With Jaish?

Rediff.com15 Apr 2025

The Pakistan army's Bahawalpur Corps has always had a special significance for India as it keeps an eye on the Jaish e Mohammed, explains Rana Banerji, who headed the Pakistan desk at RA&W.

India opens biggest oil, gas block bid round; 25 blocks on offer

India opens biggest oil, gas block bid round; 25 blocks on offer

Rediff.com11 Feb 2025

India on Tuesday opened its largest oil and gas bid round, offering 25 blocks covering 1.91 lakh square kilometers mostly in offshore area, as the government looks to boost domestic production to cut imports and help energy security. Petroleum Minister Hardeep Singh Puri launched the 10th bid round under the Open Acreage Licensing Policy (OALP) at the India Energy Week (IEW) in Mumbai.

How US tariffs impact Indian IT services cos in near term

How US tariffs impact Indian IT services cos in near term

Rediff.com3 Apr 2025

Export-led Indian IT sector is not directly hit by Trump's tariff order on goods, but there could be worrisome indirect bearings on it arising out of possible slowdown in decision-making and GDP growth in America over higher tariffs, which may then cloud demand from specific verticals, according to some analysts.

Surge in e2W Launches Sparks Fierce Price Battle

Surge in e2W Launches Sparks Fierce Price Battle

Rediff.com17 Mar 2025

From premium electric motorcycles to mass-market scooters, manufacturers are rapidly expanding their portfolios to capture a larger share of the booming market.

SEE: Macron bids farewell to Modi as he departs France

SEE: Macron bids farewell to Modi as he departs France

Rediff.com12 Feb 2025

Prime Minister Narendra Modi has concluded his visit to France, which included co-chairing an AI summit and bilateral talks with French President Emmanuel Macron. He is now headed to the US for a bilateral meeting with President Trump. Modi's visit to France included discussions on trade, defense, energy, and cultural linkages. He also inaugurated India's new consulate in Marseille. During his visit to the US, Modi will also interact with business leaders and members of the Indian community.

'No Speed Bumps In The Relationship'

'No Speed Bumps In The Relationship'

Rediff.com12 Feb 2025

'For the Indian economy to maintain a growth rate of 7 to 8 per cent, it needs large foreign direct investment coming in, and that's mainly coming from the US.'

India Inc earns fat profits but wages have not kept pace

India Inc earns fat profits but wages have not kept pace

Rediff.com1 Feb 2025

Growth in corporate profits needs to be commensurate with wages to boost the economy, Economic Survey 2024-25 said, noting that sharp disparities between the two pose risk to the economy by curbing demand. The document tabled in Parliament on Friday noted that while the labour share of GVA (gross value added) shows a slight uptick, the disproportionate rise in corporate profitsredominantly among large firmsaises concerns about income inequality.

'Finally, I Have Come To Understand Salman Khan'

'Finally, I Have Come To Understand Salman Khan'

Rediff.com20 Jan 2025

The Bigg Boss 18 grand finale saw its host Salman Khan reunite with his Andaz Apna Apna co-star Aamir Khan and recreate one of the many iconic scenes.

Karad told aides to eliminate anyone who comes in their way: Police

Karad told aides to eliminate anyone who comes in their way: Police

Rediff.com2 Mar 2025

Walmik Karad, a close aide of Maharashtra minister Dhananjay Munde, has been charged with ordering the murder of sarpanch Santosh Deshmukh, who allegedly opposed Karad's extortion bid targeting a wind energy company. According to a chargesheet filed by the state Crime Investigation Department (CID), Karad allegedly asked his associates to "eliminate" anyone who interfered with their extortion attempt. Deshmukh was abducted, tortured, and murdered in December 2024 after he attempted to stop the extortion bid. Karad and several others have been charged with murder, extortion, and organized crime.

Greenland Anger Forces US To Trim Trip

Greenland Anger Forces US To Trim Trip

Rediff.com27 Mar 2025

Confronted by outrage in Greenland, the US has scaled down a proposed visit to the island.

Will RBI's rate cut help drive India's growth

Will RBI's rate cut help drive India's growth

Rediff.com18 Feb 2025

The Reserve Bank should focus on making liquidity easier rather than cutting rates if the intent is to drive growth, Axis Bank's chief economist Neelkanth Mishra said on Tuesday. Mishra, who is also a part-time member of the Economic Advisory Council to the PM, said the rate cut announced earlier this month or even the subsequent ones if they were to come will not end up increasing borrowings as the scarce liquidity will hamper transmission.

Dhananjay Munde resigns hours after photos of Deshmukh murder go viral

Dhananjay Munde resigns hours after photos of Deshmukh murder go viral

Rediff.com5 Mar 2025

Beleaguered Maharashtra minister Dhananjay Munde resigned from the cabinet on Tuesday, days after his close aide Walmik Karad was named as the mastermind in the murder of a village sarpanch and three months after the new Mahayuti government assumed office.

Trump imposes 25% tariff on Canada, 10% on China

Trump imposes 25% tariff on Canada, 10% on China

Rediff.com2 Feb 2025

United States President Donald Trump has announced a 25 per cent tariff on imports from Canada and Mexico, as well as a 10 per cent tariff on goods from China, citing concerns over illegal immigration and the smuggling of drugs, including fentanyl.

Trump once again delays tariffs on Mexico and Canada

Trump once again delays tariffs on Mexico and Canada

Rediff.com7 Mar 2025

President Donald Trump delayed tariffs on Mexico and Canada for a short-term period for certain products before the 'big one' from April 2.

SEE: Modi meets 'great friend of India' Mike Waltz

SEE: Modi meets 'great friend of India' Mike Waltz

Rediff.com14 Feb 2025

Prime Minister Narendra Modi said he had a 'fruitful meeting' with United States National Security Advisor Michael Waltz and they discussed defence, technology and security areas, which are important aspects of the India-US ties.

Adani Green scraps $600 mn bond sale after bribery charges

Adani Green scraps $600 mn bond sale after bribery charges

Rediff.com21 Nov 2024

Adani Green Energy Ltd, the renewable energy arm of billionaire Gautam Adani's conglomerate, on Thursday scrapped a Rs 600 million bond issue after its promoter was charged in an alleged bribery case in the US. Hours before the US prosecutors charged Gautam Adani and associates with participating in a scheme to pay over Rs 250 million bribe to Indian officials in exchange for favourable terms for solar power contracts, the firm sold a 20-year green bond in the US-investment-grade market.

Thoothukudi ahoy! Adani, Vedanta in race for port project

Thoothukudi ahoy! Adani, Vedanta in race for port project

Rediff.com23 Jan 2025

The project is critical as the region expects huge investments in the automotive, renewable energy, and space sectors.

'Putin Is The Biggest Child Kidnapper'

'Putin Is The Biggest Child Kidnapper'

Rediff.com22 Apr 2025

'Parents are forced to provide their children to Russian re-education camps in occupied territories and in different parts of Russia, for example, in Chechnya, where Ukrainian children wearing military uniform are taught to use weapons.'

How the markets will fare this week

How the markets will fare this week

Rediff.com9 Mar 2025

Global trends, macroeconomic announcements and US tariff developments are expected to drive stock markets in a holiday-shortened week, analysts said. Market participants will also closely track foreign investor activity, geopolitical tensions, and their impact on the US dollar and crude oil prices, they added.

Grandson stabs industrialist more than '70 times' over property dispute

Grandson stabs industrialist more than '70 times' over property dispute

Rediff.com10 Feb 2025

The accused also stabbed his mother when she tried to intervene. She sustained injuries and was admitted to a hospital, Panjagutta police said, adding that he was subsequently arrested on Saturday.

'Jhoot brigade': Cong slams BJP after FinMin report on USAID

'Jhoot brigade': Cong slams BJP after FinMin report on USAID

Rediff.com24 Feb 2025

The latest annual report of the finance ministry has disclosed that the agency funded seven projects worth USD 750 million in 2023-24.

Modi pat for Sitharaman: 'People's Budget, force multiplier'

Modi pat for Sitharaman: 'People's Budget, force multiplier'

Rediff.com1 Feb 2025

Prime Minister Narendra Modi has lauded the Union Budget as a "people's budget" that fulfills the dreams of every Indian and said that it is a "force-multiplier" that will boost consumption, investment and growth. He highlighted a host of measures for different sectors, including welfare initiatives for gig workers, tax relief for the middle class, and support for the manufacturing sector.

Adani Green seals $1.36 bn financing for world's largest renewable energy park

Adani Green seals $1.36 bn financing for world's largest renewable energy park

Rediff.com5 Dec 2023

Adani Green Energy (AGEL) on Tuesday announced it has secured a funding of $1.36 billion from a consortium of international banks as part of its construction financing framework. The $1.36-billion senior debt facility will enhance the company's funding pool to $3 billion since initial project financing in March 2021, AGEL said in a statement. According to the statement, AGEL, India's largest and world's leading renewable energy player, announced a follow-on funding of $1.36 billion to further boost its construction financing framework to $3 billion backed by a consortium of renowned international banks.

'Investors: Stay Calm. Avoid Speculative Investment Behaviour'

'Investors: Stay Calm. Avoid Speculative Investment Behaviour'

Rediff.com8 Apr 2025

'My advice: Don't mark your portfolio to market every day. Focus on survival.'

US will now recognise only 2 genders: Trump

US will now recognise only 2 genders: Trump

Rediff.com21 Jan 2025

Several US companies, including McDonald's, Walmart and Facebook parent company Meta, have ended or scaled back their DEI programmes since Trump was elected in November last.