News for 'State for Steel'

Left parties object to puja at national emblem installation at Parliament

Left parties object to puja at national emblem installation at Parliament

Rediff.com11 Jul 2022

The Left parties hit out at the Bharatiya Janata Party-led Centre on Monday over a religious ceremony performed at an event to unveil a cast of the national emblem on the new Parliament building premises, saying such installations should not be linked to religion.

Maha IAS officer resigns from service, says feeling dumped in backyard

Maha IAS officer resigns from service, says feeling dumped in backyard

Rediff.com5 Jul 2022

The senior bureaucrat, before being transferred to MEDD, was the collector of Kolhapur and had handled the 2019 floods that ravaged the western Maharashtra district.

Orissa: A jinxed state for mega projects?

Orissa: A jinxed state for mega projects?

Rediff.com13 Sep 2010

It is raining mega investment in Orissa, but none of the big ticket projects have made any headway.

Vedanta calls for corporatisation of defence PSUs

Vedanta calls for corporatisation of defence PSUs

Rediff.com16 Apr 2022

Vedanta chairman Anil Agarwal on Saturday pressed for further liberalisation of the defence sector and called for corporatisation of defence factories to make the country self reliant in respect of arms and ammunition. There are 52 defence factories for manufacturing arms and ammunition in the country but most of them are running at 10 per cent capacity, he said. "We (India) can be the largest producer of arms and ammunition. "If the defence factories are corporatised it will bring in a new way of thinking," Agarwal said while addressing the inauguration of a post graduate programme for executives virtually from London.

Budget 2023-24: T V Somanathan to Ajay Seth, meet the FM's crack squad

Budget 2023-24: T V Somanathan to Ajay Seth, meet the FM's crack squad

Rediff.com27 Jan 2023

Coming Wednesday, Finance Minister (FM) Nirmala Sitharaman will present the 2023 Union Budget - the last full Budget ahead of the 2024 Lok Sabha elections. While India exited 2022 as a relatively bright spot in the global economy, the FM will endeavour to present a Budget that insulates India's economy against global headwinds and recession in advanced economies, while sticking to the path of fiscal consolidation. In this, she is being helped by her core team of trusted advisors.

Key planners of 26/11 remain unpunished: Jaishankar

Key planners of 26/11 remain unpunished: Jaishankar

Rediff.com28 Oct 2022

He also said that when it comes to proscribing some terrorists, the United Nations Security Council (UNSC) has 'regrettably' been unable to act in some cases because of 'political considerations'.

It's Raining Billions For Gujarat!

It's Raining Billions For Gujarat!

Rediff.com3 Nov 2022

Hemant Shivsaran lists the number of projects the Modi government has announced since August to woo Gujarat voters.

India Inc earnings hit record Rs 2.4 trillion in Q2

India Inc earnings hit record Rs 2.4 trillion in Q2

Rediff.com22 Nov 2021

India's top listed companies reported their best-ever quarterly net profit of Rs 2.39 trillion in the September quarter of FY22, up 46.4 per cent year-on-year. The earnings were driven by a big surge in the profitability of banks, non-banking financial companies & insurance (BFSI), oil & gas, and metal & mining firms. The combined net profit of these three cyclical sectors were up 87 per cent YoY to a record high of Rs 1.53 trillion, up from Rs 82,000 crore a year ago and Rs 1.08 trillion in Q1FY22.

Is Karnataka India's most corrupt state?

Is Karnataka India's most corrupt state?

Rediff.com18 Jul 2017

'When a newspaper says that Karnataka leads in corruption, one must also know it means Karnataka leads in patronising corruption.' 'You can't be corrupt without me succumbing to your corruption.'

India Inc getting back in biz with no-jab-no-entry policy

India Inc getting back in biz with no-jab-no-entry policy

Rediff.com9 Jul 2021

With the threat of a third Covid-19 wave looming large, companies are scrambling to protect employees and keep operations safe--from a no-jab-no-entry-at-workplace policy to ramping up vaccination, it's an all-out effort to prevent the scale of devastation seen in the first two waves. At least two top steel companies--Tata Steel and ArcelorMittal Nippon Steel India (AM/NS India)--are pushing for vaccination certificates for entry into work premises. AM/NS India, a joint venture between world's leading steelmaker, ArcelorMittal, and Japan's Nippon Steel, is set to make vaccination the certificate a requirement from July 1.

India vs Pakistan at MCG sells out in five minutes

India vs Pakistan at MCG sells out in five minutes

Rediff.com9 Feb 2022

The allocations for the India vs Pakistan match were sold within five minutes of going on sale.

Capex on new projects declines further in Q2

Capex on new projects declines further in Q2

Rediff.com11 Oct 2022

Expenditure on new projects slowed down for the second quarter in a row amid an uncertain global environment and higher borrowing costs. There were new projects worth a cumulative Rs 3.26 trillion in the July-September period, according to data provided by project tracker Centre for Monitoring Indian Economy (CMIE). This figure is much less than Rs 4.39 trillion in the June quarter (Q1FY23) and Rs 8.46 trillion in the March quarter (Q4FY22).

Islamic State case: Court sends 10 accused to 12-day NIA custody

Islamic State case: Court sends 10 accused to 12-day NIA custody

Rediff.com27 Dec 2018

NIA had sought 15-day custodial interrogation of the accused who were arrested from various parts of the national capital and Uttar Pradesh.

Sensex plunges 778 pts on escalating Russia-Ukraine tensions

Sensex plunges 778 pts on escalating Russia-Ukraine tensions

Rediff.com2 Mar 2022

BSE benchmark Sensex plummeted 778 points to close below the 55,500-level on Wednesday following a broad-based selloff in global markets as the Russia-Ukraine crisis escalated. The 30-share BSE index ended 778.38 points or 1.38 per cent lower at 55,468.90. Similarly, the NSE Nifty plunged 187.95 points or 1.12 per cent to 16,605.95.

Tata Motors to hike passenger vehicle prices from Jan 19

Tata Motors to hike passenger vehicle prices from Jan 19

Rediff.com18 Jan 2022

Tata Motors on Tuesday said it will increase prices of its passenger vehicles by an average of 0.9 per cent with effect from January 19, in order to partially offset the impact of rise in input costs. The Mumbai-based automaker sells various models like Tiago, Punch and Harrier, in the domestic market. Effective January 19, 2022, an average increase of 0.9 per cent will be implemented, depending on the variant and model, the automaker said in a statement.

Sensex ends down 89 points in choppy trade

Sensex ends down 89 points in choppy trade

Rediff.com24 Mar 2022

Benchmark stock indices Sensex and Nifty closed with losses in highly volatile trade on Thursday as banking and financial stocks retreated amid a weak trend in global equity markets. The 30-share BSE Sensex declined 89.14 points or 0.15 per cent to settle at 57,595.68. During the day, it touched a low of 57,138.51 and a high of 57,827.99. The broader NSE Nifty dipped 22.90 points or 0.13 per cent to settle at 17,222.75.

Despite 'Make in India', PSUs, states opt for Made in China

Despite 'Make in India', PSUs, states opt for Made in China

Rediff.com27 Jul 2018

A report by parliamentary standing committee on commerce noted that Indian industry was getting decimated by China dumping its cheap products in India.

Sensex jumps 350 points following gains in index majors

Sensex jumps 350 points following gains in index majors

Rediff.com29 Mar 2022

Benchmark BSE Sensex rallied over 350 points on Tuesday following gains in index majors HDFC twins, Bharti Airtel and Infosys amid a largely positive trend in global equity markets. The 30-share BSE barometer jumped 350.16 points or 0.61 per cent to settle at 57,943.65. During the day, it rallied 408.04 points or 0.70 per cent to 58,001.53. The broader NSE Nifty gained 103.30 points or 0.60 per cent to settle at 17,325.30.

Tata Sons shareholders approve Chandra's 2nd stint

Tata Sons shareholders approve Chandra's 2nd stint

Rediff.com26 Apr 2022

Shareholders of Tata Sons, the holding company and promoter of Tata group companies, have approved the reappointment of N Chandrasekaran as chairman for another five-year term despite its single largest shareholder the Shapoorji Pallonji family abstaining from voting, according to sources. In February this year, the Board of Tata Sons had approved the reappointment of Chandrasekaran as executive chairman for another five years till February 2027, subject to shareholders' approval. At the shareholders meeting held on Monday, the proposal for Chandrasekaran's reappointment for a second term needed more than 50 per cent of votes as it was an ordinary resolution.

Dropped by Nitish, R C P Singh leaves ministerial future to Modi

Dropped by Nitish, R C P Singh leaves ministerial future to Modi

Rediff.com30 May 2022

JD-U leaders contend that R C P Singh may have misled the BJP leadership into believing that Nitish Kumar was ready for a smaller share in power at the Centre.

Banking, IT counters help Sensex zoom 936 points

Banking, IT counters help Sensex zoom 936 points

Rediff.com14 Mar 2022

Equity benchmark Sensex rallied 936 points on Monday, helped by heavy buying in banking and IT counters along with decline in oil prices amid hopes of headway in renewed diplomatic talks between Russia and Ukraine. A fresh round of talks is expected on Monday between Ukrainian and Russian officials. Rising for the fifth straight session, the BSE Sensex jumped 935.72 points or 1.68 per cent to settle at 56,486.02.

Profit-booking in financials drags Sensex down 183 pts

Profit-booking in financials drags Sensex down 183 pts

Rediff.com9 Jul 2021

Bajaj Auto was the top loser in the Sensex pack, shedding around 2 per cent, followed by TCS, HDFC Bank, Axis Bank, Reliance Industries and Tech Mahindra. On the other hand, Tata Steel, Bajaj Finserv, Bharti Airtel and NTPC were among the gainers. NSE Nifty dropped 38.10 points to close at 15,689.80.

What India needs to learn from Bhilai

What India needs to learn from Bhilai

Rediff.com29 Sep 2020

If you want to see what India should be like and how Indians should live, you have to see Bhilai, says Colonel K Thammayya Udupa (retd).

Why R C P Singh Quit JD-U

Why R C P Singh Quit JD-U

Rediff.com6 Aug 2022

The JD-U has become probably the first party in recent years to target its own senior leader for corruption.

With comfortable coal stocks, no power crisis this festive season

With comfortable coal stocks, no power crisis this festive season

Rediff.com25 Sep 2022

India is unlikely to see a repeat of the 2021 energy crisis this festive season as coal-fired power stations across the country have comfortable levels of the fuel stock to meet electricity demand of the world's fastest expanding major economy.

Modi inducts India-built aircraft carrier INS Vikrant into Navy

Modi inducts India-built aircraft carrier INS Vikrant into Navy

Rediff.com2 Sep 2022

Prime Minister Narendra Modi commissioned India's first indigenously designed and built aircraft carrier INS Vikrant in Kochi on Friday, that put India into a select league of countries with domestic capability to build such large war ships.

How BJP hopes to gain by taking Kuldeep Bishnoi into its fold

How BJP hopes to gain by taking Kuldeep Bishnoi into its fold

Rediff.com10 Aug 2022

According to experts, Bishnoi had been sulking since the Congress ignored him for the post of its Haryana unit chief during a revamp earlier this year.

Musk welcome to make Tesla in India; can't import from China, says Gadkari

Musk welcome to make Tesla in India; can't import from China, says Gadkari

Rediff.com26 Apr 2022

Union Minister Nitin Gadkari on Tuesday said if the US-based Tesla is ready to manufacture its electric vehicles in India then there is 'no problem' but the company must not import cars from China. In an interactive session at the Raisina Dialogue, Gadkari further said India is a large market and there is a huge potential for all electric vehicles. "If Elon Musk (Tesla CEO) is ready to manufacture in India then there is no problem ... Come to India, start manufacturing, India is a large market they can export from India," he said. The road transport and highways minister said his request to Musk is to come and manufacture in India.

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.

'PVR-INOX Merger In Final Stages'

'PVR-INOX Merger In Final Stages'

Rediff.com14 Jan 2023

'We would love to have more players entering the market because that is how the business will grow.'

Sensex nosedives 1,491 points on manic Monday

Sensex nosedives 1,491 points on manic Monday

Rediff.com7 Mar 2022

From the 30-share pack, Indusind Bank, Axis Bank, Maruti Suzuki, Bajaj Finance, Bajaj Finserv, UltraTech Cement and Mahindra & Mahindra were the biggest drags, tumbling up to 7.63 per cent.

Tokyo Games: What a THROW!

Tokyo Games: What a THROW!

Rediff.com6 Aug 2021

The Joy and Drama of Track and Field at the Olympics.

Oxygen Express with 70 tonnes of oxygen to reach Delhi by Monday night

Oxygen Express with 70 tonnes of oxygen to reach Delhi by Monday night

Rediff.com25 Apr 2021

In view of the high demand for oxygen in the country following a record spike in coronavirus cases, the Railways has decided to run Oxygen Express trains to transport liquid medical oxygen and oxygen cylinders across the country.

Gujarat again tops NITI's Export Preparedness Index

Gujarat again tops NITI's Export Preparedness Index

Rediff.com25 Mar 2022

Gujarat, for the second consecutive year, has topped the Niti Aayog's Export Preparedness Index 2021 which is aimed at assessing the readiness of the states in terms of their export potential and performance. Gujarat was followed by Maharashtra, Karnataka, Tamil Nadu, Haryana, Uttar Pradesh, Madhya Pradesh, Punjab, Andhra Pradesh and Telengana, according to the government think tank's report. Union territories and states like Lakshadweep, Arunachal Pradesh, Mizoram, Ladakh and Meghalaya were placed at the bottom.

Pele's Story Is A Story Of Hope

Pele's Story Is A Story Of Hope

Rediff.com31 Dec 2022

More than the story of any other footballer or athlete, Pele's life helped democratise his sport; made it the stuff of a widely shared dream. Shyam G Menon salutes the memory of the greatest footballer ever.

Naveen Patnaik in a Tee and Tracksuit!

Naveen Patnaik in a Tee and Tracksuit!

Rediff.com23 Feb 2022

Naveenbabu turned 75 last October and there have been rumours of ill health, which he denied last Friday.

'It was my first encounter with evil'

'It was my first encounter with evil'

Rediff.com10 Jan 2023

'I was living in a fools' paradise, thinking I could win over anyone with my good intentions.'

Deoghar Disaster: IAF's Mission Impossible

Deoghar Disaster: IAF's Mission Impossible

Rediff.com29 Apr 2022

'Imagine hanging from a thin steel cable under a helicopter with certain death staring at you below, being pulled up slowly in the din and downwash of the helicopter.' IAF Veteran Air Commodore Nitin Sathe, a helicopter pilot himself, reports on how the air force rescued those trapped in the Deoghar cable cars disaster last fortnight.

PM Modi calls for increasing production of medical grade oxygen

PM Modi calls for increasing production of medical grade oxygen

Rediff.com16 Apr 2021

With cases hitting a new peak in several parts of the country, the demand for medical oxygen has increased as it is a critical component in the treatment of COVID-19-affected patients.

Special court acquits Soni Sori, 3 others in Maoist payoff case after 11 years

Special court acquits Soni Sori, 3 others in Maoist payoff case after 11 years

Rediff.com16 Mar 2022

A special court at Dantewada in Chhattisgarh has acquitted tribal activist Soni Sori and three others in a case lodged against them in 2011 for alleged transfer of 'protection money' to Naxals.