News for 'State for Micro'

Industry may move court over Haryana job reservation law

Industry may move court over Haryana job reservation law

Rediff.com12 Nov 2021

Companies in the micro, small and medium enterprises (MSME) sector may legally challenge the Haryana government's new law which mandates 75 per cent reservation of jobs in the private sector for locals. "We had earlier gone to the high court against this law, but the court said that it would hear the matter after the law was notified," said Manoj Tyagi, general secretary, IMT Industrial Association. Industries and associations feel that the law will not benefit the state and will hit MSMEs that are just coming out of the crippling effects of the lockdowns owing to the Covid-19 pandemic.

Pathaan Cheers Single Screen Theatres

Pathaan Cheers Single Screen Theatres

Rediff.com11 Mar 2023

Their number is dwindling, but single-screens believe they have a place in the entertainment space

Aadhaar's next goal: Financial inclusion in rural areas

Aadhaar's next goal: Financial inclusion in rural areas

Rediff.com19 Dec 2022

Since the first Aadhaar number was issued in September 2010, more than 1.33 billion Aadhaar cards have been generated till June 2022. With the Aadhaar enrolment of adult Indians nearing 100 per cent, the main objective of the Unique Identity Authority of India (UIDAI), which was to give Unique Identification numbers (UID) to all residents of India, is almost achieved, said a senior government official. "Enrolment will now be much more update-based, because people keep updating their mobile numbers and addresses.

Rahul's yatra a political gimmick to connect through hatred: RSS

Rahul's yatra a political gimmick to connect through hatred: RSS

Rediff.com12 Sep 2022

RSS joint general secretary Manmohan Vaidya, apparently referring to the Congress's Bharat Jodo Yatra, described it as a "political gimmick" that will not serve its stated purpose of uniting masses.

'BJP's Gujarat victory defies logic'

'BJP's Gujarat victory defies logic'

Rediff.com8 Dec 2022

='The Gujarat results show a wide chasm between the issues facing the common people and the way the BJP engineers electoral successes.'

SC rues delay by speakers, hopes decision soon in Mukul Roy case

SC rues delay by speakers, hopes decision soon in Mukul Roy case

Rediff.com22 Nov 2021

The Supreme Court Monday rued the 'general practice' of speakers delaying decisions on pleas seeking disqualification of lawmakers and the subsequent arguments that courts should 'stay away,' while hoping that the West Bengal assembly speaker would decide on such a plea against Mukul Roy who defected to the Trinamool Congress from the Bharatiya Janata Party after the state polls.

Karnataka imposes weekend curfew, shuts schools, colleges

Karnataka imposes weekend curfew, shuts schools, colleges

Rediff.com5 Jan 2022

The decision was taken at a high-level meeting chaired by Chief Minister Basavaraj Bommai in which senior ministers including Revenue Minister Ashoka, Health Minister Dr K Sudhakar and Higher Education Minister Dr C N Ashwath Narayan, medical experts and senior officials participated.

Insanity is doing same thing again and again... Rahul's dig at govt

Insanity is doing same thing again and again... Rahul's dig at govt

Rediff.com13 Jun 2020

On Friday also he attacked the Centre over the surge in the cases of novel coronavirus cases across the country.

MG Motor, BPCL in JV to boost EV charging infrastructure

MG Motor, BPCL in JV to boost EV charging infrastructure

Rediff.com25 Apr 2022

Automaker MG Motor India on Monday said it has partnered with Bharat Petroleum Corporation Ltd (BPCL) to bolster EV charging infrastructure across the country. The partnership with BPCL will add momentum to EV adoption by expanding opportunities for intercity travel as the two entities will install EV chargers across highways and within cities, the automaker said in a statement. With BPCL's vast customer reach and operations and MG's strides in the EV space, the two entities can combine expertise to strategically identify charging sites, garner consumer insights, devise loyalty programs, and create technology to manage charging systems, it added.

Rahul's Pegasus remarks at Cambridge trigger BJP-Cong war of words

Rahul's Pegasus remarks at Cambridge trigger BJP-Cong war of words

Rediff.com4 Mar 2023

Union Minister Anurag Thakur hit out at Gandhi over his claims of being under surveillance by intelligence agencies and accused him of maligning India on foreign soil.

ISRO's PSLV-C54 places earth observation satellite into orbit

ISRO's PSLV-C54 places earth observation satellite into orbit

Rediff.com26 Nov 2022

The mission objective is to ensure data continuity of ocean color and wind vector data to sustain the operational applications.

How Mamata can woo big-ticket projects to Bengal

How Mamata can woo big-ticket projects to Bengal

Rediff.com11 Apr 2022

The words 'industry', 'industrial development', 'jobs', and 'employment' have been ringing with higher frequency since Mamata Banerjee stepped into her third term with landslide victory after a high-octane election last year. "Our government's next target is industrial development," the chief minister (CM) had been heard stating at different public meetings in the past few months - perhaps setting the tone for the sixth edition of the Bengal Global Business Summit (BGBS) slated for later this month. Investor summits by any state are about intent, big numbers, and tall claims. Yet in competitive federalism, its importance as a marketing tool is undeniable.

Exporters demand fiscal incentives, credit at affordable rates in Budget

Exporters demand fiscal incentives, credit at affordable rates in Budget

Rediff.com24 Nov 2022

Exporters on Thursday demanded fiscal incentives, tweaking in customs duties on certain products and credit at affordable rates in the forthcoming Budget to boost exports and create jobs. In a pre-budget virtual meeting with Finance Minister Nirmala Sitharaman, the Federation of Indian Export Organisations (FIEO) said the depreciation of the rupee against the US dollar is affecting exports' competitiveness and the sector requires more support. "Creation of employment is the biggest challenge faced by the country...We would urge the government to provide fiscal support to units which provide additional employment in the export sector," the exporter's body said.

Centre cancels CBSE XII board exams

Centre cancels CBSE XII board exams

Rediff.com1 Jun 2021

The decision was taken at a high-level meeting chaired by Modi in which it was decided that the CBSE will take steps to compile the results of Class XII students as per a well-defined objective criteria in a time-bound manner.

Imran govt challenges SC order calling for no-trust vote

Imran govt challenges SC order calling for no-trust vote

Rediff.com9 Apr 2022

The review petition, filed through Dr Babar Awan and Azhar Siddique, named the Pakistan Peoples Party, Pakistan Muslim League-Nawaz, Supreme Court Bar Association, Sindh High Court Bar Association and the Sindh Bar Council as respondents.

Gujarat Omicron patient's kin also test positive for the same

Gujarat Omicron patient's kin also test positive for the same

Rediff.com10 Dec 2021

The wife and brother-in-law of an NRI man, who had been found infected with the Omicron variant of COVID-19 here in Gujarat a week back, were also detected with the new strain, officials of the Jamnagar Municipal Corporation (JMC) said on Friday.

Will Gujarat Be A Cake Walk For BJP?

Will Gujarat Be A Cake Walk For BJP?

Rediff.com4 Nov 2022

The BJP is not taking the AAP challenge lightly. Amit Shah has cautioned party insiders to ensure that AAP does not cross a vote share of 24%. He has always seen AAP as a much more significant challenge than the Congress, observes Ramesh Menon, author, Modi Demystified: The Making Of A Prime Minister.

Lessons For Banks To Learn From SVB Collapse

Lessons For Banks To Learn From SVB Collapse

Rediff.com5 Apr 2023

The difference between what the banks play in the US and India is not that of soccer and football but rugby and football. SVB also has a unique character. But when risks are mispriced, the fallout could be very similar, points out Tamal Bandyopadhyay.

'Engage more' with EC ahead of LS poll: Govt to Twitter

'Engage more' with EC ahead of LS poll: Govt to Twitter

Rediff.com25 Feb 2019

The Twitter officials were told that there should not be any "international interference" in the Lok Sabha polls.

Modi's name enough to win UP polls: BJP's new UP VP

Modi's name enough to win UP polls: BJP's new UP VP

Rediff.com22 Jun 2021

Known for delivering time-bound results, Sharma earned Modi's confidence as his secretary during his tenure as the Gujarat chief minister by successfully handling the Vibrant Gujarat campaign to get investments to the state.

Qualcomm's chips to power Ola's electric scooters

Qualcomm's chips to power Ola's electric scooters

Rediff.com15 Sep 2021

From powering mobile devices, US chip designer Qualcomm has tied up with Ola Electric to power its electric scooters. Qualcomm is providing the key 4G connected octa core android platform which provides connectivity, computing capabilities and enables rich immersive displays with power saving software.

7.22 lakh out of 22.05 crore applicants got govt jobs between 2014-22: Centre

7.22 lakh out of 22.05 crore applicants got govt jobs between 2014-22: Centre

Rediff.com27 Jul 2022

A total of 22.05 crore applications were received during the period.

For farmers, MSP is like a salary

For farmers, MSP is like a salary

Rediff.com2 Jan 2021

The dilemma is that if farming is to be efficient, farmers will be worse off -- and if farmers are to be better off farming will be worse off, reveals T C A Srinivasa-Raghavan.

Nov 3 Poll Huge Test For Uddhav-Shinde-BJP

Nov 3 Poll Huge Test For Uddhav-Shinde-BJP

Rediff.com13 Oct 2022

'The margin of victory or loss would make both camps rethink their strategies for the 2024 assembly election in Maharashtra.'

Taken An SBI Loan, But Not Repaid It?

Taken An SBI Loan, But Not Repaid It?

Rediff.com6 Jun 2022

There are loans to salaried people where the borrower is employed, but has failed to make repayment. Such loans would be identified and sold in a pool to ARCs.

Highlights of Union Budget 2022-23

Highlights of Union Budget 2022-23

Rediff.com1 Feb 2022

Finance Minister Nirmala Sitharaman presents her fourth Budget in Lok Sabha on Tuesday.

All-women SIT to probe Chandigarh varsity case, 3 accused in police remand

All-women SIT to probe Chandigarh varsity case, 3 accused in police remand

Rediff.com19 Sep 2022

Also, a court in Mohali's Kharar sent the three accused, including the woman student, to seven-day police remand.

Rs 50K to 20 crores: 5 govt friendly funding schemes for women

Rs 50K to 20 crores: 5 govt friendly funding schemes for women

Rediff.com6 Mar 2019

Did you know that women can avail for a loan of upto Rs 20 crores to set up a manufacturing business?

Delhi's air quality hits 'very poor' level, 1st time this season

Delhi's air quality hits 'very poor' level, 1st time this season

Rediff.com13 Oct 2020

The dip in the air quality can be attributed to low wind speed and temperatures which allowed accumulation of pollutants.

Twitter explains why blue badges were taken off some handles

Twitter explains why blue badges were taken off some handles

Rediff.com5 Jun 2021

Amid outrage over personal accounts of Vice-President M Venkaiah Naidu and Rashtriya Swayamsevak Sangh chief Mohan Bhagwat losing verified blue tick marks, Twitter on Saturday said the blue badge and verified status could be automatically removed from an account if it is incomplete or inactive for six months as per its rules.

HC orders demolition of unauthorised construction at Rane's bungalow

HC orders demolition of unauthorised construction at Rane's bungalow

Rediff.com20 Sep 2022

The Bombay high court on Tuesday directed the Mumbai civic body to demolish the unauthorised construction at Union minister Narayan Rane's bungalow in Juhu area in Mumbai, noting that it violated the Floor Space Index (FSI) and Coastal Regulation Zone (CRZ) rules.

Jan Dhan Yojana turns 6, has 40 crore beneficiaries, says govt

Jan Dhan Yojana turns 6, has 40 crore beneficiaries, says govt

Rediff.com28 Aug 2020

"The PMJDY has been the foundation stone for the Modi government's people-centric economic initiatives. "Whether it is direct benefit transfers, Covid-19 financial assistance, PM-KISAN, increased wages under MGNREGA, life and health insurance cover, the first step was to provide every adult with a bank account, which PMJDY has nearly completed," Nirmala Sitharaman said on the sixth anniversary of the scheme.

How govt will judge the performance of PSUs

How govt will judge the performance of PSUs

Rediff.com11 May 2022

The number of times public sector undertakings (PSUs) have held conference calls with investors, their capital management, and debt financing are among the parameters that the Centre will use to judge their performance for the first time, a senior official in the know said. The government will evaluate PSUs for FY22 based on new parameters that were finalised by the Department of Public Enterprises (DPE) in consultation with the Department of Investment and Public Asset Management (DIPAM) last year, the official said. The government had included more conditions in the memorandum of understandings (MoUs) - used to set annual targets - that public sector enterprises sign with the DPE every year. These included a consistent dividend policy, which seeks to transfer dividends by PSUs every quarter; and market capitalisation or share price improvement over the sectoral index on an annual average basis for listed companies.

Insurance: Rs 100 cr entry cap for new players may be removed

Insurance: Rs 100 cr entry cap for new players may be removed

Rediff.com8 Apr 2022

The insurance regulator wants the removal of the minimum entry capital requirement of Rs 100 crore for setting up an insurance business in a bid to facilitate the entry of multiple players such as standalone micro insurers and niche players. Debasish Panda, chairman, Insurance Regulatory and Development Authority of India (Irdai), said it should be left to the regulator instead to decide what should be the entry fee for interested players, depending on the size of the business and operations. According to the current norms, insurers are required to have a minimum paid-up capital of Rs 100 crore.

Kerala CM says extreme poverty to be eradicated in 5 years

Kerala CM says extreme poverty to be eradicated in 5 years

Rediff.com28 Jul 2021

"A first step in this direction is the new project launched by Kerala to eradicate extreme poverty. A survey, that is being conducted as part of it, will be completed within four months," the CM said.

LIC AUM rose Rs 1 trn from March-Sep '21

LIC AUM rose Rs 1 trn from March-Sep '21

Rediff.com10 Feb 2022

Initial public offering (IPO)-bound Life Insurance Corporation (LIC) of India's assets under management (AUM) increased to Rs 38 trillion as of September 2021, compared with Rs 37 trillion as of March 2021, said sources in the know. Its AUM is almost 3x the AUM of all the private life insurers in the country and over 15x more than the AUM of the second largest life insurer, SBI Life, as of September 2021. SBI Life's AUM was approximately Rs 2.4 trillion as of September 2021, said sources.

'BJP will have problems the day Modi tires out'

'BJP will have problems the day Modi tires out'

Rediff.com9 Dec 2022

'Only time will tell how difficult it would be for the BJP when Mr Modi may not be in a position to actively run affairs of the party and be its biggest vote catcher.'
'Then the BJP could even split.'

Despite grim outlook, fiscal stimulus unlikely for India Inc this year

Despite grim outlook, fiscal stimulus unlikely for India Inc this year

Rediff.com29 Apr 2021

They say that a stimulus package may not be necessary because, unlike last year's total lockdown, public transport, including the railways and airlines, is running and the restrictions on movement are localised and, in some cases, are partial rather than total.

Congress spent Rs 61 lakh on Facebook ads for Bihar polls

Congress spent Rs 61 lakh on Facebook ads for Bihar polls

Rediff.com18 Nov 2020

Pages for the Bharatiya Janata Party's Bihar arm (BJP Bihar), Janata Dal-United, and Chirag Paswan (of the Lok Janshakti Party) saw between Rs 15 lakh and Rs 30 lakh in ad spends.

US 'deeply disturbed' over attack on Sikh cab driver

US 'deeply disturbed' over attack on Sikh cab driver

Rediff.com9 Jan 2022

The Sikh taxi driver was assaulted by an unidentified man, who knocked off his turban and also used expletives against him.