News for 'State for Heavy Industries'

SteelMin signs MoUs worth Rs 11,887 crore with 55 companies

SteelMin signs MoUs worth Rs 11,887 crore with 55 companies

Rediff.com10 Feb 2026

The Ministry of Steel on Monday signed Memoranda of Understanding (MoUs) with 55 companies for 85 projects under the third round of the Production-Linked Incentive (PLI) scheme for specialty steel.

Reliance gets US licence to directly buy Venezuela oil

Reliance gets US licence to directly buy Venezuela oil

Rediff.com14 Feb 2026

Private-sector oil refiner Reliance Industries Limited (RIL) last week received a general licence from the United States (US) government to buy Venezuelan oil, an industry executive said.

Southern states hold the steering wheel in India's ePV transition

Southern states hold the steering wheel in India's ePV transition

Rediff.com20 Jan 2026

India's electric passenger vehicle (ePV) market has expanded sharply over the past five years, with registrations rising from just 3,252 units in 2020 to about 170,000 in 2025. Throughout this scale-up, southern states have remained the bedrock of adoption, consistently contributing around one-third of national electric vehicle (EV) registrations - emphasising the region's role as the structural backbone of India's EV transition.

The World's Most Polluted Place Is...

The World's Most Polluted Place Is...

Rediff.com9 Feb 2026

Residential areas now exist cheek by jowl with smokestacks, while convoys of heavy trucks rumble through narrow roads day and night, throwing up clouds of dust.

Delhi Braces For Heavy Calendar In 2026

Delhi Braces For Heavy Calendar In 2026

Rediff.com10 Jan 2026

Among major engagements in 2026 is the visit of the European Union leadership, chief guests at the Republic Day parade.

God's Own Country Takes EV Ride To Top Slot

God's Own Country Takes EV Ride To Top Slot

Rediff.com27 Jan 2026

Kerala has overtaken more industrialised states in personal electric vehicle adoption, driven by strong middle-class uptake, policy support, and charging infrastructure.

Waaree Energies, Premier Energies in Focus as US Imposes 126% Duty on Indian Solar Imports

Waaree Energies, Premier Energies in Focus as US Imposes 126% Duty on Indian Solar Imports

Rediff.com2 days ago

Shares of Waaree Energies and Premier Energies are under pressure after the US imposed initial duties on Indian solar imports. The article examines the impact on green energy stocks and market sentiment.

'India Is A Reverse AI Trade Globally'

'India Is A Reverse AI Trade Globally'

Rediff.com3 days ago

'The day that the market realises that they've overspent (on AI) and there's a sudden collapse in the capex, then India can start outperforming again.'

India Faces Russian Oil Squeeze After US Deal

India Faces Russian Oil Squeeze After US Deal

Rediff.com12 Feb 2026

Replacing over a third of India's oil imports at competitive rates is going to be a challenge, said traders from State refiners, even though some progress was made in the last two months.

Trump's tariff junked: What it means for Indian companies

Trump's tariff junked: What it means for Indian companies

Rediff.com7 days ago

India will now face a lower reciprocal tariff of 10 per cent, down from 25 per cent, after US President Donald Trump announced a new global levy on items imported into America in the wake of the Supreme Court verdict against his sweeping duties on several nations.

India Will Continue To Buy Russian Oil

India Will Continue To Buy Russian Oil

Rediff.com6 Feb 2026

'No one can or will bar India from pursuing its energy goals as it wishes.' 'The US FTA wording may sound more restrictive, but the underlying reality will not undermine India's sovereign energy decisions.'

T20 WC: No India-Pak clash? ICC stares at massive losses

T20 WC: No India-Pak clash? ICC stares at massive losses

Rediff.com2 Feb 2026

An India-Pakistan fixture in an ICC event generates revenue to the tune of a staggering 'USD 250 million (over Rs 2200 crore', as per some estimates and the absence of the cash-cow fixture from the upcoming T20 World Cup is certain to cause heavy losses to all stakeholders.

Sugar industry relieved as Centre allows 1.5 mt import

Sugar industry relieved as Centre allows 1.5 mt import

Rediff.com18 Nov 2025

Amid the political push and pull, the Centre's decision to allow sugar exports and remove the 50 per cent duty on molasses exports has rekindled hope in the industry that more relief may follow.

'Don't Get Carried Away Signing A Trade Agreement'

'Don't Get Carried Away Signing A Trade Agreement'

Rediff.com9 Feb 2026

'There is a lot of euphoria in the country after a trade agreement is signed. But it is an illusion for us. What is more important is making it real.'

HD Hyundai plans shipyard in Thoothukudi for $2 billion

HD Hyundai plans shipyard in Thoothukudi for $2 billion

Rediff.com8 Dec 2025

South Korea's HD Hyundai, one of the world's largest ship manufacturers, is planning to build a shipyard in Thoothukudi. The project may see an investment of around $2 billion, said a government source.

India-US trade deal: How India protects its agriculture, dairy sectors

India-US trade deal: How India protects its agriculture, dairy sectors

Rediff.com4 Feb 2026

India has completely protected the interests of its agriculture and dairy sector in the India-US trade agreement.

Strong demand drivers likely to cushion TaMo

Strong demand drivers likely to cushion TaMo

Rediff.com31 Jan 2026

A pickup in freight rates, rising fleet utilisation and a long-awaited replacement cycle are breathing fresh life into India's commercial vehicle (CV) market, strengthening the investment case for Tata Motors' CV arm (TMCV). Despite a broadly steady December quarter (Q3) performance, brokerages remain divided on whether the upswing is strong enough to offset margin pressures.

Indo-US deal 'wholesale surrender': Rahul vs govt in LS

Indo-US deal 'wholesale surrender': Rahul vs govt in LS

Rediff.com12 Feb 2026

Rahul Gandhi said that had an INDIA Bloc government negotiated the trade agreement with the US, it would have told US President Donald Trump that he should treat India as an equal.

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.

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.

'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.'

Sensex down 376 points on selling in RIL, HDFC Bank

Sensex down 376 points on selling in RIL, HDFC Bank

Rediff.com6 Jan 2026

Reliance Industries cracked 4.42 per cent, while ITC, Kotak Mahindra Bank, InterGlobe Aviation, and HDFC Bank were also among the laggards. However, ICICI Bank, Sun Pharma, Hindustan Unilever, and State Bank of India were among the gainers.

Pricing to remain key in corporate bond mkt this year

Pricing to remain key in corporate bond mkt this year

Rediff.com13 Jan 2026

A neutral monetary policy stance, heavy government borrowing, and issuers adjusting to a higher-for-longer yield environment have set the stage for a largely stable corporate bond market in 2026.

'India Has More Job Opportunities Than Skilled People'

'India Has More Job Opportunities Than Skilled People'

Rediff.com23 Jan 2026

'Given that the population is almost evenly split, the Indian economy cannot grow without women participating in the workforce.' 'While women's participation has increased, it is still well below 40 per cent,' says Kartik Narayan, CEO of the professional networking and jobs platform, Apna.

Why US attacked Venezuela and captured Maduro

Why US attacked Venezuela and captured Maduro

Rediff.com4 Jan 2026

The US government, under President Trump, justifies the intervention as a security necessity rather than a resource grab. The primary official reasons include: narco-terrorism charges, national security and migration crisis.

India, US engaged on early trade deal as space tie-up deepens: Envoy Kwatra

India, US engaged on early trade deal as space tie-up deepens: Envoy Kwatra

Rediff.com25 Dec 2025

Kwatra termed India's successful launch of an American communication satellite on Wednesday as a 'very important and big day' for partnership between Washington and New Delhi, saying it caps a series of achievements in 2025 in bilateral space cooperation between the countries.

Heavy rain triggers flood-like situation in Jammu

Heavy rain triggers flood-like situation in Jammu

Rediff.com24 Aug 2025

Heavy rains battered Jammu and Kashmir, triggering floods, damaging infrastructure, and disrupting normal life. Authorities issued advisories and rescue operations were conducted.

'Need anti-dumping duties on Chinese excavators, cranes'

'Need anti-dumping duties on Chinese excavators, cranes'

Rediff.com8 Dec 2025

The Indian government should urgently consider imposing safeguard or anti-dumping duties on imports of two construction equipment segments - crawler excavators and tower cranes - as Chinese companies are rapidly expanding their presence in these markets in India through 'predatory' pricing supported by lower raw material costs, substantial export subsidies, and extended credit schemes, said Sorab Agarwal, executive director at Action Construction Equipment (ACE).

Foreign mining firms assure rare-earth oxide supply under PLI scheme

Foreign mining firms assure rare-earth oxide supply under PLI scheme

Rediff.com10 Nov 2025

Major foreign mining and refining companies have assured the Indian government that they will have sufficient stocks of rare-earth oxides to supply to the winning bidders under the country's production-linked incentive (PLI) scheme for indigenous manufacturing of rare-earth permanent magnets (REPMs), Business Standard has learnt.

Manufacturing pushes industrial output growth to 4-month high

Manufacturing pushes industrial output growth to 4-month high

Rediff.com28 Aug 2025

India's industrial production growth accelerated to a 4-month high of 3.5 per cent in July this year due to good performance of manufacturing sector, according to official data released on Thursday. The country's industrial output earlier recorded this level of growth at 3.9 per cent in March 2025.

MP struggles to dispose of 900 tonne of Bhopal toxic ash after HC order

MP struggles to dispose of 900 tonne of Bhopal toxic ash after HC order

Rediff.com2 Dec 2025

Nearly 900 tonnes of ash generated from the incineration of toxic waste linked to the Bhopal gas tragedy remains undispensed after the Madhya Pradesh High Court directed the state government to find an alternative disposal site.

TCS pegs $1.5 bn AI revenue, seeks to become largest AI-led tech firm

TCS pegs $1.5 bn AI revenue, seeks to become largest AI-led tech firm

Rediff.com17 Dec 2025

The country's largest IT services firm Tata Consultancy Services on Wednesday outlined an aggressive plan to become the "world's largest AI-led technology services company" as CEO K Krithivasan shared that the company has logged about $1.5 billion in annualised revenue.

Delhi choked by worst AQI of the year, strict curbs kick in

Delhi choked by worst AQI of the year, strict curbs kick in

Rediff.com13 Dec 2025

A thick layer of toxic smog enveloped the national capital on Saturday as air quality deteriorated sharply, prompting the Commission for Air Quality Management (CAQM) to invoke the strictest curbs under Stage IV of the Graded Response Action Plan (GRAP) across Delhi-NCR.

Trump's Tariffs Bites Surat's Diamond Industry

Trump's Tariffs Bites Surat's Diamond Industry

Rediff.com25 Aug 2025

'We will be able to anticipate the full picture of the impact after August, which is also the time when demand for a year begins to peak ahead of the December holidays and Valentine's Day.'

9 killed as truck ploughs into Ganesha procession in Karnataka

9 killed as truck ploughs into Ganesha procession in Karnataka

Rediff.com13 Sep 2025

The incident occurred at Mosale Hosahalli village around 8.45 pm during the final day of Ganesha Chaturthi celebrations.

How RBI Governor Fared In The First Year

How RBI Governor Fared In The First Year

Rediff.com29 Dec 2025

Sanjay Malhotra has made structural changes to banking regulation to bring down costs and increase efficiency. Plus, he kicked off a benign interest regime. But there are challenges ahead.

Lockheed Martin plans C-130J Super Hercules co-production hub in India

Lockheed Martin plans C-130J Super Hercules co-production hub in India

Rediff.com9 Dec 2025

Lockheed Martin plans to establish a C-130J Super Hercules co-production facility in India, the first outside the US, as the IAF seeks to procure new transport aircraft.

Maruti Warns: CAFE-III Could Kill Small Cars

Maruti Warns: CAFE-III Could Kill Small Cars

Rediff.com2 Dec 2025

'If the targets become unscientific and unjust, Then, just to meet CAFE-III regulation, a small car -- which produces a very low absolute carbon dioxide -- will have to be discontinued.'

'You Can't Be Madhuri Dixit Anywhere'

'You Can't Be Madhuri Dixit Anywhere'

Rediff.com3 Dec 2025

'One day my neighbour in Denver called me and said, "I think somebody is casing your house. So should I call the cops?"... they were scared that people case your house and then rob it.' 'And I said, "no, no, no. It's just that I am an actress".'

Pent-up demand boosted retail health insurance segment in October

Pent-up demand boosted retail health insurance segment in October

Rediff.com19 Nov 2025

Even as non-life insurers reported muted premium growth in October, standalone health insurers saw a robust 38 per cent year-on-year (Y-o-Y) surge. This growth was driven by pent-up demand in the retail health insurance segment.