News for 'State for Heavy Industries'

'Once we make an offer to a person, we honour it'

'Once we make an offer to a person, we honour it'

Rediff.com24 Apr 2023

'Even during the pandemic we did it.' 'We think it's our responsibility to make sure that we manage the uncertainty.'

North India could see 100,000 cases per state per day

North India could see 100,000 cases per state per day

Rediff.com19 Apr 2021

'The trajectory of the disease will keep increasing because of the population density being very high.'

Pakistan army gets new tanks

Pakistan army gets new tanks

Rediff.com24 Sep 2004

Around $20 million were spent over eight years on the development of the tank.

Sensex slumps 520 points after 9-day rally, Infy down 9 pc

Sensex slumps 520 points after 9-day rally, Infy down 9 pc

Rediff.com17 Apr 2023

Equity benchmark indices Sensex and Nifty buckled under selling pressure after a nine-session rally on Monday, as massive sell-off in IT, tech and telecom counters unnerved investors.

Vikhe-Patil quits Cabinet

Vikhe-Patil quits Cabinet

Rediff.com24 May 2003

Shiv Sena leader and Heavy Industries Minister Balasaheb Vikhe-Patil on Saturday resigned from the Union Cabinet.

Is Adani a Modi Crony?

Is Adani a Modi Crony?

Rediff.com11 Apr 2023

This State-corporate 'cooperation' didn't begin with the arrival of the Modi government.
Many of the big licences, contracts, and even environmental clearances for the Adani group had come in the UPA's time, points out Shekhar Gupta.

Sensex nosedives 1,457 points amid global rout

Sensex nosedives 1,457 points amid global rout

Rediff.com13 Jun 2022

Equity benchmarks had another rough day on Monday, with the Sensex plummeting 1,457 points and the Nifty tumbling to the 15,774 level, mirroring an extremely weak trend in global markets along with unrelenting foreign fund outflows. Index majors ICICI Bank, Infosys and Reliance Industries bore the brunt of heavy selling. The 30-share BSE Sensex tumbled 1,456.74 points or 2.68 per cent to settle at 52,846.70.

In China, Modi to push for expediting industrial parks

In China, Modi to push for expediting industrial parks

Rediff.com12 May 2015

Beijing wants assurance that its investments won't come under scrutiny

Jawan Review: SRK Shows Who's Baap!

Jawan Review: SRK Shows Who's Baap!

Rediff.com7 Sep 2023

Jawan springs a real surprise when it boldly and directly points fingers at the ineffective government and appeals to recognise the power of the finger and vote. Six months before the next general Indian election, this is no coincidence, observes Sukanya Verma.

Will L'affaire Adani Affect Modi's Image?

Will L'affaire Adani Affect Modi's Image?

Rediff.com21 Feb 2023

Gautam Adani's alleged proximity to Narendra Modi may dent the latter's self-styled image of incorruptibility, points out Kanika Datta.

Om Prakash Rawat appointed new Chief Election Commissioner

Om Prakash Rawat appointed new Chief Election Commissioner

Rediff.com21 Jan 2018

His tenure will end in December this year.

Employment growth slowed in past 2 years: Report

Employment growth slowed in past 2 years: Report

Rediff.com19 Nov 2019

Sector-wise, the study revealed that the core industries have witnessed virtually negative growth in headcount, with crude oil just about maintaining the employment level.

Auto exports touch Rs 2928 cr in Apr-Oct

Auto exports touch Rs 2928 cr in Apr-Oct

Rediff.com18 Dec 2003

Exports of 'Made-in-India' vehicles have touched Rs 2,928 crore (Rs 29.28 billion) during April-October 2003 after growing by 32.4 per cent in value terms during 2002-03 to Rs 3,396 crore (Rs 33.96 billion).

It's not a done deal yet on Rafale-M jets, Scorpene submarines

It's not a done deal yet on Rafale-M jets, Scorpene submarines

Rediff.com18 Jul 2023

The negotiations on cost and techno-commercial details relating to India's proposed procurement of 26 Rafale-M fighter jets and three Scorpene submarines from France are not yet concluded, sources said on Tuesday.

Modi and Nehru Are Similar, Yet...

Modi and Nehru Are Similar, Yet...

Rediff.com26 Jan 2022

Modi's critics will say that he has put up cement and steel structures, but weakened the institutions of governance whereas Nehru strengthened them, observes T N Ninan.

Maharashtra braces for state-wide bandh today

Maharashtra braces for state-wide bandh today

Rediff.com8 Aug 2018

All the essential services, schools and colleges have been excluded from the bandh.

Portfolios announced: Rajnath gets Home, Sushma MEA, Gadkari transport

Portfolios announced: Rajnath gets Home, Sushma MEA, Gadkari transport

Rediff.com27 May 2014

The Rashtrapati Bhavan has come out with a communiqu announcing distribution of portfolios of the ministers sworn-in on Monday in Prime Minister Narendra Modi's council of ministers:

As Hooghly simmers, Mamata appeals to 'Hindu brothers' to protect minorities

As Hooghly simmers, Mamata appeals to 'Hindu brothers' to protect minorities

Rediff.com3 Apr 2023

Bengal's Chief Minister Mamata Banerjee on Monday appealed for peace and asked "Hindu brothers" to ensure that minorities are protected, as prohibitory orders remained in force after post-Ram Navami violence in two towns of the densely populate Hooghly district.

BHEL: Industries ministry, PowerMin lock horns

BHEL: Industries ministry, PowerMin lock horns

Rediff.com23 May 2007

Sharp differences have emerged within the government over the performance of power equipment manufacturer BHEL and the need for setting up another state-owned supplier to meet the electricity shortfall.

As demand for EV batteries picks up, makers eye lithium reserves

As demand for EV batteries picks up, makers eye lithium reserves

Rediff.com3 Jul 2023

The EV industry is at an inflection point and batteries will play a critical role ahead -- batteries and related components typically constitute 35-45 per cent of an EV's costs.

Arun Goel's appointment file travelled at 'lightning speed', says SC

Arun Goel's appointment file travelled at 'lightning speed', says SC

Rediff.com24 Nov 2022

The top court reserved its verdict on a batch of pleas seeking a collegium-like system for the appointment of ECs and the Chief Election Commissioner and asked the parties to file written submission in five days.

Ramesh Sippy: There is no tax holiday to encourage the industry

Ramesh Sippy: There is no tax holiday to encourage the industry

Rediff.com11 Mar 2014

The veteran director feels Hindi cinema has come a long way and is hopeful it will achieve greater heights.

Let's Hope India Gets Lucky With Growth

Let's Hope India Gets Lucky With Growth

Rediff.com2 Jun 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.

'CUET is not a good idea at all'

'CUET is not a good idea at all'

Rediff.com15 Jul 2022

'It encourages a shadow industry, the coaching industry.' 'Only those students who have the resources to go for coaching, benefit.'

Sensex, Nifty end in red on profit booking

Sensex, Nifty end in red on profit booking

Rediff.com4 Aug 2022

Equity benchmarks snapped their six-session rally to close marginally lower on Thursday amid profit booking in banking and energy counters. Investors also stayed on the sidelines ahead of the RBI's policy meet outcome on Friday. In choppy trade, the 30-share BSE Sensex ended 51.73 points or 0.09 per cent lower at 58,298.80. During the day, it hit a low of 57,577.05 and a high of 58,712.66.

Minister Supriyo kicks up row over Pak singers in Bollywood

Minister Supriyo kicks up row over Pak singers in Bollywood

Rediff.com19 Feb 2018

Minister Babul Supriyo wants Pakistani singer Rahat Fateh Ali Khan's song form upcoming film Welcome To New York to be removed.

Modi's 5-year vision: What's it all about

Modi's 5-year vision: What's it all about

Rediff.com13 Jan 2020

Spurring the economy, currently in the throes of a slowdown, remains the prime focus for most ministries, but the government is also looking to make women's welfare and environmental protection key to policymaking in this term.

Sensex, Nifty rebound sharply after 4-day rout

Sensex, Nifty rebound sharply after 4-day rout

Rediff.com8 Mar 2022

From the 30-share pack, Sun Pharma, TCS, Tech Mahindra, NTPC, Wipro, UltraTech Cement, Dr Reddy's Laboratories and Infosys were the major gainers, jumping up to 3.99 per cent. In contrast, Tata Steel, Nestle, Titan Company, PowerGrid, Reliance Industries Limited and State Bank of India were among the laggards.

Auto, banking, realty stocks see heavy selling on the bourses

Auto, banking, realty stocks see heavy selling on the bourses

Rediff.com16 Apr 2014

Metal stocks fell on Tuesday, with the S&P BSE metal index sliding 2.8 per cent compared to the 0.64 per cent fall in the benchmark S&P BSE Sensex

Bloodbath on D-Street; Hindenburg report on Adani sinks markets

Bloodbath on D-Street; Hindenburg report on Adani sinks markets

Rediff.com27 Jan 2023

From the Sensex pack, State Bank of India, ICICI Bank, IndusInd Bank, Axis Bank, Kotak Mahindra Bank, HDFC Bank, Reliance Industries were among the major laggards. Bucking the trend, auto stocks Tata Motors and Mahindra & Mahindra closed with gains.

Use of 10% ethanol-blended petrol saved over Rs 41,000 crore

Use of 10% ethanol-blended petrol saved over Rs 41,000 crore

Rediff.com8 Jun 2022

Use of 10 per cent ethanol-blended petrol has led to a saving of over Rs 41,000 crore in the foreign exchange for the country, minister of state for environment, forest and climate change Ashwini Kumar Choubey said on Wednesday. Speaking at an online event of auto industry body SIAM on sustainable mobility, the minister said the government is working in multiple ways to encourage sustainable mobility. "India recently achieved 10 per cent ethanol blending target 5 months in advance, saving over Rs 41,000 crore worth of fuel imports for the nation," Choubey noted.

Shinde govt comes under fire as another project moves to Gujarat

Shinde govt comes under fire as another project moves to Gujarat

Rediff.com28 Oct 2022

The Eknath Shinde-led Maharashtra government has come under fire following the Centre's announcement that Tata-Airbus C-295 transport aircraft project would be set up in Gujarat, with the opposition seeking to know why the project that was supposed to come up in Maharashtra went to the neighbouring state.

Praful Patel questions barring PSUs from mega IAF tender

Praful Patel questions barring PSUs from mega IAF tender

Rediff.com9 Oct 2013

The deal is estimated to be worth Rs 12,000 crore.

No electrifying effect from government's EV push

No electrifying effect from government's EV push

Rediff.com27 Apr 2022

State governments need to focus on building charging infrastructure to realise the goal of transitioning a large proportion of their sales to EVs, reports Ishaan Gera.

Mcap of top-10 valued cos swells by Rs 2.72 lakh cr

Mcap of top-10 valued cos swells by Rs 2.72 lakh cr

Rediff.com20 Mar 2022

The top-10 valued companies added a whopping Rs 2.72 lakh crore to their market valuation last week, as the domestic equity benchmarks witnessed heavy buying tracking an overall bullish trend in global equities. The benchmark indices made strong gains in the holiday-truncated week. The 30-share BSE Sensex climbed 2,313.63 points or 4.16 per cent, while the NSE Nifty advanced 656.60 points or 3.95 per cent. Mirroring the bullish trend in the broader market, the combined market capitalisation (m-cap) of the country's top-10 firms zoomed by Rs 2,72,184.67 crore during last week.

Diesel price for bulk users hiked by Rs 25/ltr

Diesel price for bulk users hiked by Rs 25/ltr

Rediff.com20 Mar 2022

The price of diesel sold to bulk users has been hiked by about Rs 25 per litre in line with a near 40 per cent rise in international oil prices, but retail rates at petrol pumps remain unchanged, sources said. Petrol pump sales have jumped by a fifth this month after bulk users like bus fleet operators and malls queued up at petrol bunks to buy fuel rather than the usual practice of ordering directly from oil companies, widening the losses of retailers. Worst hit are private retailers like Nayara Energy, Jio-bp and Shell, who have so far refused to curtail any volume despite a surge in sales.

'FICCI is focusing on start-ups'

'FICCI is focusing on start-ups'

Rediff.com19 May 2023

'For our traditional membership base, it would be an access to disruptive ideas,' FICCI President Subhrakant Panda tells Asit Mishra/Business Standard.

D-Street investors lose over Rs 9.75 lakh crore in 2 days

D-Street investors lose over Rs 9.75 lakh crore in 2 days

Rediff.com13 Jun 2022

Equity investors became poorer by over Rs 9.75 lakh crore in two days of heavy decline in the equity market, with the Sensex plunging 1,457 points on Monday. The 30-share BSE benchmark tanked 1,456.74 points or 2.68 per cent to settle at 52,846.70 on Monday. It had ended 1,016.84 points or 1.84 per cent lower at 54,303.44 on Friday.

'Make in Maharashtra' receives good response from China, says CM

'Make in Maharashtra' receives good response from China, says CM

Rediff.com19 May 2015

CM makes 'Make in Maharashtra' pitch to China.

H1FY23: Adani Stocks Add Rs 7.28 tn

H1FY23: Adani Stocks Add Rs 7.28 tn

Rediff.com17 Oct 2022

All nine Adani stocks saw a rise in their share price in H1FY23, ranging from 6.1% in case of Adani Ports to 102% in case of Adani Power.