News for 'State for Micro'

'Money lending has become prudent and conservative'

'Money lending has become prudent and conservative'

Rediff.com2 Feb 2024

'We need to be far more careful given the fact that while this is group lending, it's essentially unsecured.'

Quality Lapses Shut Down Drug Makers

Quality Lapses Shut Down Drug Makers

Rediff.com28 Jun 2024

Most of the pharma units are failing in documentation, and validation processes, and many don't have full-fledged quality control laboratories.

'Jobs Have To Be Created Everywhere'

'Jobs Have To Be Created Everywhere'

Rediff.com25 Jul 2024

'I found it unbelievable that L&T said 45,000 jobs were waiting to be filled because of unavailability of suitable skillsets.' 'So, when the Opposition sweepingly says there are no jobs, I'm sorry... I'm not saying it's raining jobs, but there are jobs. The (skill) gap has to be bridged.'

Genome firm says delta variants spreading to states

Genome firm says delta variants spreading to states

Rediff.com26 Aug 2021

AY.12, a sub-lineage of Delta which is driving fresh cases in Israel, is being seen in many states in the country but the numbers need a closer examination, INSACOG, a genome sequencing consortium, has said in its latest bulletin.

Biju Janata Dal backs Vaishnaw in RS polls; no alliance, says BJP

Biju Janata Dal backs Vaishnaw in RS polls; no alliance, says BJP

Rediff.com14 Feb 2024

The Biju Janata Dal on Wednesday announced its support for the candidature of Bharatiya Janata Party's Ashwini Vaishnaw in the upcoming Rajya Sabha elections in Odisha

Tata Power, Adani lead Rs 6.64 trn funding plans at TN Investor Meet

Tata Power, Adani lead Rs 6.64 trn funding plans at TN Investor Meet

Rediff.com13 Jan 2024

Driven by mega investment proposals from Tata Power, Adani group, Singapore's Sembcorp Industries and Leap Green Energy, among others, the two-day Global Investors Meet 2024 in Tamil Nadu is expecting an infusion of around Rs 6.64 trillion. This is likely to create around 2.69 million direct and indirect jobs in the state. "Due to our tireless efforts and your participation during this Global Investors' Meet, we have attracted an unprecedented Rs 6.64 trillion of investments.

Thanks to Elon Musk, you can now read only 600 tweets a day

Thanks to Elon Musk, you can now read only 600 tweets a day

Rediff.com2 Jul 2023

Meanwhile, Twitter users across countries on Saturday complained of facing issues accessing the micro-blogging website amid a buzz of a global outage.

'Small mistake': Tamil Nadu minister on China flag in ISRO ad

'Small mistake': Tamil Nadu minister on China flag in ISRO ad

Rediff.com1 Mar 2024

Dravida Munnetra Kazhagam (DMK) leader and Fisheries Minister Anitha Radhakrishnan accepted the mistake on Thursday after the Tamil Nadu government was left red-faced after an advertisement for a new Indian Space Research Organisation (ISRO) that featured a rocket with the flag of China.

Cong workers wanted Priyanka to challenge Modi in Varanasi

Cong workers wanted Priyanka to challenge Modi in Varanasi

Rediff.com30 May 2024

Prime Minister Narendra Modi would have got a tough fight in Varanasi had Congress general secretary Priyanka Gandhi Vadra contested against him as Indian National Developmental Inclusive Alliance (INDIA) candidate, feel party workers from the temple town.

What Assam women did when they saw Rahul Gandhi

What Assam women did when they saw Rahul Gandhi

Rediff.com18 Jan 2024

Hundreds of rural women who gathered to collect forms for a newly announced government scheme in Jorhat district of Assam left their queues to greet Congress leader Rahul Gandhi, who was leading the 'Bharat Jodo Nyay Yatra' through the area on Thursday.

Centre asks states to increase Covid tests, vaccination

Centre asks states to increase Covid tests, vaccination

Rediff.com23 Mar 2021

The state governments and UT administrations should strictly enforce the test-track-treat protocol in all parts of the country, ensure observance of COVID-19-appropriate behaviour by everyone and, scale up the vaccination drive to cover all the target groups, the guidelines said.

How Nibe Is Helping Boost India's Defence

How Nibe Is Helping Boost India's Defence

Rediff.com21 Mar 2024

'If you take any ministry of defence project, Nibe is up there, getting orders.'

Omicron threat: PM to hold meet, states enhance surveillance

Omicron threat: PM to hold meet, states enhance surveillance

Rediff.com23 Dec 2021

With the Omicron variant of coronavirus slowly spreading its tentacles in the country, a number of states enhanced surveillance to trace, track and quarantine contacts of COVID-19 positive persons while Delhi began genome sequencing of samples of all infected people and has prohibited Christmas and New Year gatherings.

Ram Teri Ganga Maili

Ram Teri Ganga Maili

Rediff.com12 Jun 2024

Six decades and more later, we are now captives of our identities. Every poll is based on elaborate calculations of electability of candidates on the basis of their castes and other narrow definers. That, along with voter promiscuity, is what defines our political culture, which remains stubbornly resistant to any change, asserts Shreekant Sambrani.

Indices pull back but market holds breadth

Indices pull back but market holds breadth

Rediff.com31 Aug 2023

The benchmark indices are set to end their five-month gaining streak, but the market breadth continues to hold strong So far this month, stocks gaining have outnumbered those declining, a sign that the bulls still have the upper hand, even as the pullback in the S&P BSE Sensex and the National Stock Exchange Nifty indicates otherwise. On the BSE, 2,126 stocks have advanced and 1,955 have declined in August, translating into an advance/decline ratio (ADR) of 1.1.

India ranks 2nd in time spent on shopping apps

India ranks 2nd in time spent on shopping apps

Rediff.com17 Jan 2024

Indian shoppers accounted for 13 per cent of the total hours spent by mobile users across the globe on their shopping apps in 2023, next only to China in this regard. According to the "State of Mobile -2024" report released a few days ago by data.ai (previously known as App Annie), which looks into various segments of the app economy across the world, in the last calendar year, users in India collectively spent 12.84 billion hours on shopping apps. This represents an increase of over 73 per cent from the time they spent in 2020 and of more than 3.5 per cent over 2022.

'41 WORKERS. 17 DAYS. THEY BELIEVED'

'41 WORKERS. 17 DAYS. THEY BELIEVED'

Rediff.com29 Nov 2023

Indian cricket fraternity reacts to Silkyara tunnel rescue

Coming! New Affordable Housing Scheme

Coming! New Affordable Housing Scheme

Rediff.com5 Feb 2024

The new scheme may be announced before the Lok Sabha elections.

Easing curbs should be carefully calibrated: Centre to states

Easing curbs should be carefully calibrated: Centre to states

Rediff.com19 Jun 2021

Union Home Secretary Ajay Bhalla said that vaccination against COVID-19, in the present scenario, is critical to break the chain of transmission.

Import restrictions on laptops, tablets imposed

Import restrictions on laptops, tablets imposed

Rediff.com3 Aug 2023

The government on Thursday imposed import restrictions on laptops, tablets, all-in-one personal computers, ultra small form factor computers, and servers with immediate effect. The Directorate General of Foreign Trade (DGFT) in a notification said exemption from import licensing is provided up to 20 items per consignment for R&D, testing, benchmarking and evaluation, repair and return and product development purposes.

What Reforms Can We Expect, Modiji?

What Reforms Can We Expect, Modiji?

Rediff.com9 Feb 2024

Assuming we still have a Modi-led majority government after May 2024, there is no guarantee that reforms will move at anything more than a snail's pace, though we must be thankful even for that, notes R Jagannathan.

Arunachal govt building mini power projects along China border

Arunachal govt building mini power projects along China border

Rediff.com13 Apr 2023

The Arunachal Pradesh government has launched an ambitious plan to build 50 mini hydropower projects along the border with China for electrification of remote villages that are facing challenges of poor connectivity and mountainous terrain.

'Markets started building on NDA's win since Dec'

'Markets started building on NDA's win since Dec'

Rediff.com5 Apr 2024

'Rather than taking a very short-term view on the markets, equity investing should be premised on longer term growth opportunities.'

BJP May Replace Half Its Lok Sabha MPs

BJP May Replace Half Its Lok Sabha MPs

Rediff.com4 Jan 2024

Amit Shah wants to increase the party's nationwide vote share by at least 10 per cent from the 37.7 per cent it secured five years ago and ensure above 50 per cent vote share in the states where it came close to that benchmark, but couldn't cross it.

Why Election 2024 Is So Subdued...

Why Election 2024 Is So Subdued...

Rediff.com22 Apr 2024

'It's dull because this time the election is spread over such a long period.'

Centre counsels 5 states showing surge in COVID-19 cases

Centre counsels 5 states showing surge in COVID-19 cases

Rediff.com26 May 2020

Union Health Secretary Preeti Sudan held a high-level review meeting through video conference with the chief secretaries, health secretaries and National Health Mission (NHM) directors of these states, the health ministry said. 'These states are witnessing a surge in COVID-19 cases since the last three weeks as lockdown rules have been eased and inter-state migration has been allowed,' the ministry said in a statement.

Trump returns to X after 2 yrs, shares post-arrest mug shot

Trump returns to X after 2 yrs, shares post-arrest mug shot

Rediff.com25 Aug 2023

'ELECTION INTERFERENCE! NEVER SURRENDER!' Trump wrote while sharing the mug shot photo on X.

'Congress ke paas paisa kahan hai?'

'Congress ke paas paisa kahan hai?'

Rediff.com7 Mar 2024

'Everyone knows there is no point in contesting elections from Gujarat as a Congress candidate because they know they will be wiped out.'

How much will Congress's election guarantees cost?

How much will Congress's election guarantees cost?

Rediff.com19 Mar 2024

'Right to apprenticeship means that anyone below the age of 25 years with a diploma or other qualifications can demand an apprenticeship with a private, a public sector company or a government organisation. And when he/she demands this, it is the obligation of the government to provide it.'

Quality Control Orders: What does this mean for domestic industry?

Quality Control Orders: What does this mean for domestic industry?

Rediff.com25 Apr 2024

From toys, footwear and furniture to insulated flasks, smart meters, and air coolers - the Central government over the last decade has mandated higher standards for production and imports of such items. Sample this: Till 2014, there were 14 Quality Control Orders (QCOs) covering 106 products. By the latest count, there are 156 QCOs on 672 products.

NHRC notices to Centre, 4 states over farmers' protest

NHRC notices to Centre, 4 states over farmers' protest

Rediff.com14 Sep 2021

The NHRC said that it has received several complaints regarding the ongoing farmers' protest.

Rs 2,000 crore loans to Go First are now NPA: Central Bank of India

Rs 2,000 crore loans to Go First are now NPA: Central Bank of India

Rediff.com23 Oct 2023

Central Bank of India classified its loans to Go First as non-performing assets (NPAs) in the July-September quarter (second quarter, or Q2) of 2023-24 (FY24). The no-frills carrier has been under insolvency proceedings since May 2023 and ceased operating flights on May 3 this year. The public sector lender's exposure, including government-guaranteed emergency credit to the ailing airline, amounts to about Rs 2,000 crore.

2 major problems faced by the MSME sector

2 major problems faced by the MSME sector

Rediff.com21 Dec 2022

The decline in demand and rise in raw material prices due to high transportation costs are the major problems faced by micro, small and medium enterprises in the last 27 months, according to a survey. The report by Bhartiya Yuva Shakti Trust (BYST) also said that though markets have stabilised, about 57 per cent of the units that participated in the survey are struggling to get new orders for their merchandise. "Lesser purchasing power of consumers lead to reduced demand and increased raw material cost due to higher transportation cost with increase in fuel prices have been cited among key problems faced by entrepreneurs during the last 27 months," Lakshmi Venkataraman Venkatesan, founding and managing trustee, BYST, said.

Codes give more power to states to be flexible on labour laws

Codes give more power to states to be flexible on labour laws

Rediff.com3 Oct 2020

The move will help industries in pushing authorities for exemption under various labour laws at a micro-level, along with demanding changes to bring greater flexibility in their operations related to retrenchment, safety standards, and collective bargaining.

'Congress doesn't have hunger...'

'Congress doesn't have hunger...'

Rediff.com8 Dec 2023

'...for success like the BJP.' 'The BJP's work for the next election begins the day one election ends.'

Opposition INDIA likely to unveil front's logo during Mumbai meeting

Opposition INDIA likely to unveil front's logo during Mumbai meeting

Rediff.com20 Aug 2023

Approximately 80 leaders from more than 26 political parties are expected to attend the third meeting of the INDIA alliance in the country's financial capital, they said.

Interim Budget 2024-25: Funds to boost reach on fintech industry wishlist

Interim Budget 2024-25: Funds to boost reach on fintech industry wishlist

Rediff.com8 Jan 2024

Indian fintechs and associated entities are hoping that the Union Budget 2024 will provide a boost and empower firms to extend their reach beyond Tier-II regions, with an emphasis on supporting enterprises led by women. The fintech industry, which has witnessed regulatory reforms over the last year, expects the Budget, scheduled to be presented by Finance Minister Nirmala Sitharaman on February 1, will further encourage financial inclusion, empower micro-small-medium enterprises (MSMEs) with lending solutions, and push for upskilling initiatives for the country's young workforce.

FM announces revamped credit guarantee scheme for MSMEs

FM announces revamped credit guarantee scheme for MSMEs

Rediff.com1 Feb 2023

In her Budget 2023-24 presentation, she also said the Centre will launch the 'Dekho Apna Desh' initiative to promote domestic tourism.

Gold: Little sparkle for financiers despite tailwinds

Gold: Little sparkle for financiers despite tailwinds

Rediff.com6 Apr 2023

Gold prices hit record high in the third week of March as fears of bank collapses and high inflation led investors to the traditional safe haven. Gold prices are often inversely correlated to dollar strength because the international price is dollar-denominated. The Federal Reserve's (Fed's) stance indicates that the dollar may appreciate further since it is prepared to keep pushing up policy rates. But demand for gold is also up - the World Gold Council claims central banks are buying in addition to private demand.

Billion-dollar shake-up: Global tech firms shed over $600 bn m-cap in Q3

Billion-dollar shake-up: Global tech firms shed over $600 bn m-cap in Q3

Rediff.com25 Oct 2023

The top 25 global technology (tech) firms, including Apple, Microsoft, Amazon, Tencent, Samsung, Oracle, and Accenture, collectively lost over $600 billion in market capitalisation (m-cap) during the July-September quarter (third quarter, or Q3) of calendar year 2023 (CY23), reveals a recent report by GlobalData, a London-based analytics and consulting company.