News for 'State for Heavy Industries'

'Trump Doesn't Want To Wait For Benefits Of A Long-Term Partnership'

'Trump Doesn't Want To Wait For Benefits Of A Long-Term Partnership'

Rediff.com15 Feb 2025

'He needs to see results while he is in office.'

Saudi oil supply rebound gives India bargaining power

Saudi oil supply rebound gives India bargaining power

Rediff.com3 Oct 2024

A resurgence in Saudi Arabian supplies of crude oil to India coupled with an attack on an Iraqi tanker in August carrying crude to Europe may result in improved bargaining power for India with West Asian and Russian suppliers for winter supplies. Shipments of Saudi oil rebounded in September from August, surging to the highest since March while Russian oil shipments rose marginally as Saudi Arabia tried to claw back market share in Asia, according to industry sources and ship tracking data.

'Risk Of Such Disasters Has Increased In The Last 10 Years'

'Risk Of Such Disasters Has Increased In The Last 10 Years'

Rediff.com1 Aug 2024

'Heavy rains are not the primary reason for landslides in Wayanad.' 'There are all sorts of (human) intervention going on in that area.'

After 7 days, no sign of 30 missing in Himachal flash floods

After 7 days, no sign of 30 missing in Himachal flash floods

Rediff.com7 Aug 2024

The family members of the missing persons who have been camping at the site for the past seven days have now lost hope and are praying for the recovery of bodies to perform last rites.

Mahatma Carter

Mahatma Carter

Rediff.com9 Jan 2025

Carter was in politics, but not a politician, certainly not a transactional politician, points out Shreekant Sambrani.

Stocks Crash: Worst Week in Years

Stocks Crash: Worst Week in Years

Rediff.com21 Dec 2024

The week's losses wiped out investor wealth worth Rs 18.43 trillion, with the total market capitalisation of BSE-listed firms now at Rs 441 trillion.

Identity Review: Thrills Fizzle Out

Identity Review: Thrills Fizzle Out

Rediff.com3 Jan 2025

Tovino Thomas' big budget action entertainer is a middling, tonally inconsistent watch that keeps you hooked, observes Arjun Menon.

As PV sales dip, FADA raises alarm over rising inventory level

As PV sales dip, FADA raises alarm over rising inventory level

Rediff.com5 Sep 2024

Passenger vehicle retail sales in India witnessed a 5 per cent on-year decline in August on account of delayed customer purchases, poor consumer sentiment and persistent heavy rains, industry body FADA said on Thursday. The overall passenger vehicle (PV) registrations last month stood at 309,053 units, as compared to 323,720 units in August 2023.

'Pushpa 2' stampede: T'gana CM lambast 'inhuman' Allu Arjun

'Pushpa 2' stampede: T'gana CM lambast 'inhuman' Allu Arjun

Rediff.com21 Dec 2024

Telangana Chief Minister A Revanth Reddy has criticized Telugu actor Allu Arjun for attending the screening of 'Pushpa-2' despite police permission being denied. Reddy alleges that the actor continued to be present at the cinema hall even after a woman died in a stampede and criticized film personalities for showing more empathy to Allu Arjun after his arrest than to the injured boy involved in the incident. The CM also assured that there will be no special privileges for those involved in such incidents.

96 bus depots shut across Maharashtra due to MSRTC strike

96 bus depots shut across Maharashtra due to MSRTC strike

Rediff.com4 Sep 2024

The strike by the Maharashtra State Road Transport Corporation (MSRTC) employees for salary hike and other demands entered the second day on Wednesday, which continued to cripple the services and cause inconvenience to lakhs of passengers, especially ahead of the Ganesh festival.

Ex-Maha CM, LS speaker Manohar Joshi passes away

Ex-Maha CM, LS speaker Manohar Joshi passes away

Rediff.com24 Feb 2024

His political career began with his involvement in the Rashtriya Swayamsevak Sangh and he later became a member of the Shiv Sena.

Motown rides on new launches, enhanced discounts; PV sales rise 10% in July

Motown rides on new launches, enhanced discounts; PV sales rise 10% in July

Rediff.com5 Aug 2024

Passenger vehicle retail sales in India witnessed a 10 per cent on-year jump in July driven by new model launches and enhanced discounts, industry body FADA said on Monday. Total passenger vehicle retail sales rose to 3,20,129 units in July, as compared to 2,90,564 units in July 2023. "Dealers reported benefits from good product availability, attractive schemes, and a wider range of products," the Federation of Automobile Dealers Associations (FADA) vice president C S Vigneshwar said in a statement.

Markets end in red; dragged down by RIL Kotak Mahindra

Markets end in red; dragged down by RIL Kotak Mahindra

Rediff.com22 Jul 2024

ITC, State Bank of India, HCL Technologies and IndusInd Bank were the other big laggards. NTPC, UltraTech Cement, HDFC Bank and Mahindra & Mahindra were among the gainers.

Why is Wayanad Quiet About Tragedy?

Why is Wayanad Quiet About Tragedy?

Rediff.com13 Nov 2024

There is a definite attempt to put the landslides on the backburner because news of them and climate change worry Wayanad's tourism and real estate businesses greatly. Whatever I experienced of Wayanad's 2024 by-elections; the July landslides were not a burning issue, observes Shyam G Menon.

IREL's Mining Project Faces Hurdles

IREL's Mining Project Faces Hurdles

Rediff.com3 Oct 2024

The PMK has now lent its voice to the protests against the mining of atomic minerals in Kanyakumari.

Modi 3.0 mantris off to quick start, priority for 100-day action plan

Modi 3.0 mantris off to quick start, priority for 100-day action plan

Rediff.com11 Jun 2024

Signalling both change and continuity, India's new government, headed by Prime Minister Narendra Modi for a third consecutive term, got into work gear on Tuesday with cabinet ministers and ministers of state filing into their respective offices to assume charge.

The State Has Rolled The Dice Of Growth

The State Has Rolled The Dice Of Growth

Rediff.com25 Sep 2023

After bumbling for years since 2014, the Modi government seems to believe that massive government expenditure will lead us to prosperity supported by 'seat-of-the-pants' decision-making, observes Debashis Basu.

Sensex slips below 80K; Nifty scales new high

Sensex slips below 80K; Nifty scales new high

Rediff.com5 Jul 2024

Among the 30-share Sensex pack, State Bank of India, Reliance Industries, Hindustan Unilever, NTPC, Larsen & Toubro, Nestle India, Power Grid, ITC, JSW Steel and Sun Pharmaceuticals were the major gainers. On the other hand, HDFC Bank, Titan, Mahindra & Mahindra, IndusInd Bank, UltraTech Cement, Tata Motors, HCL Technologies and Asian Paints were among the laggards.

Sensex sinks 1,062 points on selling in index majors

Sensex sinks 1,062 points on selling in index majors

Rediff.com9 May 2024

Asian Paints, JSW Steel, ITC, Bajaj Finance, IndusInd Bank, Tata Steel, NTPC, Bajaj Finserv, HDFC Bank, Reliance Industries and Power Grid were among the laggards. In contrast, Tata Motors, Mahindra & Mahindra, State Bank of India, Infosys and HCL Tech were the gainers.

Maha ex-CM Manohar Joshi critical after brain haemorrhage: Hospital

Maha ex-CM Manohar Joshi critical after brain haemorrhage: Hospital

Rediff.com24 May 2023

His son Unmesh Joshi also said his father continues to remain unconscious.

Who's To Be Blamed For Bridge Collapses?

Who's To Be Blamed For Bridge Collapses?

Rediff.com18 Jul 2024

Government officials believe that central bridge projects perform better than state projects due to stricter checks and balances.

31 dead, lakhs homeless in AP, Telangana floods

31 dead, lakhs homeless in AP, Telangana floods

Rediff.com2 Sep 2024

At least 16 people lost their lives in various rain-related incidents in Telangana while the unprecedented rainfall and floods in Andhra Pradesh over the past three days affected about 4.5 lakh people leading to the evacuation of more than 30,000 to relief camps.

Sensex pares early gains, ends up 90 points

Sensex pares early gains, ends up 90 points

Rediff.com23 Apr 2024

From the Sensex basket, Bharti Airtel, Nestle, Maruti, Tata Motors, HCL Technologies, NTPC, Asian Paints and State Bank of India were the major gainers. Sun Pharma, Reliance Industries, Mahindra & Mahindra, JSW Steel, Tech Mahindra and Bajaj Finance were among the laggards.

FMCG firms worry over high inflation; price hike likely

FMCG firms worry over high inflation; price hike likely

Rediff.com3 Nov 2024

Leading FMCG companies reported a decline in margins in the September quarter on account of higher input costs and food inflation, which ultimately slowed down the pace of urban consumption. Rising prices of commodity inputs such as palm oil, coffee and cocoa were also accentuated and some FMCG firms have hinted at a price hike. HUL, Godrej Consumer Products Ltd (GCPL), Marico, ITC, and Tata Consumer Products Ltd (TCPL) have expressed concerns over squeezing urban consumption, which according to industry experts forms 65-68 per cent of FMCG total sales.

'Aim to make FAME scheme more transparent'

'Aim to make FAME scheme more transparent'

Rediff.com14 Apr 2023

'The aim is also to probe how the ministry and testing agencies made negligence in examining these OEMs, so that such negligence is avoided in the future.'

Dept of Public Enterprises now part of FinMin

Dept of Public Enterprises now part of FinMin

Rediff.com7 Jul 2021

The government has merged the Department of Public Enterprises (DPE) with the finance ministry to give it a better control over state-owned firms and facilitate its ambitious privatisation programme. Finance ministry will now have six departments while DPE's hereto parent ministry, the ministry of heavy industries and public enterprises will now be called the ministry of heavy industries. Previously, the disinvestment ministry - created under the Atal Bihari Vajpayee government - was merged with the finance ministry and is now a department under it. Also, Foreign Investment Promotion Board (FIPB) was abolished and administration of foreign investments was given to the finance ministry (FinMin).

Automobile dealers' body seeks cut in GST on two-wheelers from 28% to 18%

Automobile dealers' body seeks cut in GST on two-wheelers from 28% to 18%

Rediff.com18 May 2023

Automobile dealers' body FADA on Thursday sought a cut in GST on two-wheelers from 28 per cent to 18 per cent, saying the segment being essential for millions should not be categorised as luxury item. The industry body said it has appealed to the finance minister, chair of the GST Council, all GST Council members, the ministry of heavy industries, which supervises the automobile sector, and the ministry of road transport & highways. This timely and decisive intervention would help in making two-wheelers more affordable, reviving demand and reinvigorating an industry that has seen a significant slump in sales over the past few years, the Federation of Automobile Dealers Associations (FADA) said in a statement.

What Mahabali Won't Hear

What Mahabali Won't Hear

Rediff.com13 Sep 2024

Questions that the state had come to recognise over time but consistently delayed treating seriously because doing so requires an overhaul of perspective and lifestyle, notes Shyam G Menon.

The Woman Who Lost Everything

The Woman Who Lost Everything

Rediff.com13 Nov 2024

When the landslide hit, Sruthi's house was washed away, along with its inhabitants. She lost her entire family and some relatives. All she had left for a close confidante was her fiance Jenson. Days after the landslide and the loss of her family, Jenson died in a road accident that also left Sruthi with serious injuries. News of the accident and Sruthi's backdrop as the lone surviving member of a family wiped out in the July landslide, was picked up by the media, and people rushed to help.

Air India, TASL to invest Rs 2,300 crore in Karnataka

Air India, TASL to invest Rs 2,300 crore in Karnataka

Rediff.com20 Feb 2024

Air India and Tata Advanced Systems Ltd (TASL), a player in aerospace and defence solutions, on Monday signed a memorandum of understanding (MoU) with the Karnataka government for an investment of ~2,300 crore in the state's aerospace and defence sector. The strategic move is expected to enhance Karnataka's aerospace ecosystem and help create over 1,600 direct and 25,000 indirect jobs in the state.

Reliance is 1st listed company to hit Rs 20 lakh cr m-cap

Reliance is 1st listed company to hit Rs 20 lakh cr m-cap

Rediff.com13 Feb 2024

Billionaire Mukesh Ambani-promoted Reliance Industries Ltd (RIL) on Tuesday became the first listed company to hit the Rs 20 lakh crore market valuation mark. The market heavyweight's stock jumped 1.88 per cent to its record high of Rs 2,957.80 apiece on the BSE. It finally settled at Rs 2,928.95 per piece, up 0.90 per cent on the bourse.

HC ruling forces MVA to call off Maha bandh, Uddhav 'doesn't agree'

HC ruling forces MVA to call off Maha bandh, Uddhav 'doesn't agree'

Rediff.com23 Aug 2024

The Bombay high court on Friday restrained political parties and individuals from proceeding with the Maharashtra bandh scheduled for August 24 or on any future date.

'Lies, cheats, rapes': Indian-origin entrepreneur vs Elon Musk on Trump

'Lies, cheats, rapes': Indian-origin entrepreneur vs Elon Musk on Trump

Rediff.com22 Jul 2024

In a post on X, Khosla said that it is hard for him to support someone like Trump, a Republican, who has "no values, lies, cheats, rapes, demeans women", and "hates immigrants" like him.

Sensex gains 165 points in volatile trade

Sensex gains 165 points in volatile trade

Rediff.com12 Mar 2024

Among Sensex firms, HDFC Bank climbed more than 2 per cent. TCS, Maruti, Infosys, Reliance Industries and Bharti Airtel were among the major gainers. State Bank of India, JSW Steel, ITC, Tata Motors, UltraTech Cement and Nestle were among the laggards.

Kerala was warned early about landslides, but...: Shah

Kerala was warned early about landslides, but...: Shah

Rediff.com1 Aug 2024

Union Home Minister Amit Shah on Wednesday said the Centre had sent multiple advance warnings to the Kerala government about possible floods and landslides in the state, starting as early as July 23, and nine National Disaster Response Force (NDRF) teams were rushed to the state the same day.

Hybrid Vehicles May Race Ahead

Hybrid Vehicles May Race Ahead

Rediff.com17 Feb 2024

Hybrids have helped Maruti acquire leadership in SUVs, a segment that was never its forte. Toyota has also risen with the hybrid tide to clock its highest-ever annual sales in 2023.

Sensex tumbles 733 points amid broad-based selloff; Nifty slips from record

Sensex tumbles 733 points amid broad-based selloff; Nifty slips from record

Rediff.com3 May 2024

From the Sensex basket, Larsen & Toubro, Maruti, Reliance Industries, Nestle, Bharti Airtel, UltraTech Cement, Kotak Mahindra Bank and JSW Steel were among the major laggards. Bajaj Finance climbed nearly 1 per cent higher.

Dharavi redevelopment gets boost as residents back survey

Dharavi redevelopment gets boost as residents back survey

Rediff.com4 Aug 2024

Representatives of Citizen and Society Development Welfare, who have given the slogan of Dharavi Banao Andolan, met Srinivas and submitted a memorandum seeking expedition of the survey being conducted in Dharavi.

GST rates for cars, two-wheelers may be cut

GST rates for cars, two-wheelers may be cut

Rediff.com4 Sep 2020

The heavy industries ministersaid that the proposal for the auto scrappage policy was ready and all stakeholders have provided inputs, therefore its announcement was likely very soon.

North trails South in electric scooter sales

North trails South in electric scooter sales

Rediff.com26 Oct 2023

The state is also the biggest market for TVS, another incumbent player, and together with Bajaj Auto, they accounted for 88 per cent of Maharashtra's total electric scooter sales last month. As many as 8,417 units were sold in Maharashtra in September. Bajaj Auto's contribution was 4,048 vehicles and that of TVS was 3,389, according to model- and state-wise data from the Society of Indian Automobile Manufacturers (Siam).