News for 'Unit Trust of India'

'Death Was Flying Around Us'

'Death Was Flying Around Us'

Rediff.com26 Aug 2024

'The odds were stacked against us.' 'Through it all, we were determined to overcome and prevail we did!' Wing Commander Shailesh Singh on the high-risk flying mission for which he was awarded the Shaurya Chakra.

Jharkhand's Champai Soren to face floor test today

Jharkhand's Champai Soren to face floor test today

Rediff.com5 Feb 2024

The MLAs of the ruling JMM-led alliance exuded confidence of winning the floor test, while the opposition BJP asserted that the coalition would be defeated.

2nd T20: How India's bowlers tackled dew to outclass Australia

2nd T20: How India's bowlers tackled dew to outclass Australia

Rediff.com27 Nov 2023

'We were prepared, we knew that dew was going to play a huge role.'

Where did we lose? NDA was there yesterday, is there today: Modi

Where did we lose? NDA was there yesterday, is there today: Modi

Rediff.com7 Jun 2024

"If you see in the context of alliances and statistics, then this is the strongest alliance government," Modi said while addressing newly-elected MPs and leaders of the NDA from across the country following his election as leader of the ruling bloc ahead of his government's swearing-in on Sunday.

Nitish Kumar wins trust vote amid BJP walkout

Nitish Kumar wins trust vote amid BJP walkout

Rediff.com24 Aug 2022

Altogether 160 MLAs voted in favour of the confidence motion while no vote was cast against the same.

G20: India-Middle East-Europe connectivity corridor announced

G20: India-Middle East-Europe connectivity corridor announced

Rediff.com9 Sep 2023

Modi said today "we all have reached an important and historic partnership".

'We're Not Anti-Nationals'

'We're Not Anti-Nationals'

Rediff.com3 Sep 2024

'We are not secessionists, we want to coexist with our countrymen but not on the terms that will strip us off our dignity and a right to peaceful existence.'

Irony that Kejriwal who was part of anti-graft movement...: Hazare

Irony that Kejriwal who was part of anti-graft movement...: Hazare

Rediff.com23 Mar 2024

Hazare in a statement accused Kejriwal of betraying the trust of crores of countrymen and rued that political ambitions destroyed the 2011 anti-corruption movement.

In FY25, NHAI to monetise 2,741 km roads

In FY25, NHAI to monetise 2,741 km roads

Rediff.com18 Apr 2024

The National Highways Authority of India (NHAI) is looking to monetise 33 stretches of national highways during the current financial year (FY25) through its toll operate transfer (TOT) and infrastructure investment trust (Invit). These stretches include Lucknow-Aligarh, Kanpur-Ayodhya-Gorakhpur, and Bareilly-Sitapur in Uttar Pradesh, Gurugram-Kotputli-Jaipur bypass and Jaipur-Kishangarh in Rajasthan, Panikoili-Rimuli in Odisha, Chennai Bypass in Tamil Nadu, and Muzaffarpur-Darbhanga-Purnia highway in Bihar. Cumulatively, the 33 stretches, spanning 2,741 kilometres (km) earned approximately Rs 5,000 crore revenue in FY24.

JNUSU gets first Dalit president after 30 yrs as Left sweeps polls

JNUSU gets first Dalit president after 30 yrs as Left sweeps polls

Rediff.com25 Mar 2024

The Jawaharlal Nehru University Students Union (JNUSU) on Sunday elected its first Dalit president from the Left-backed groups after nearly three decades.

Kirsten, Gillespie take charge of Pakistan cricket

Kirsten, Gillespie take charge of Pakistan cricket

Rediff.com28 Apr 2024

Pakistan have appointed former South Africa batsman Gary Kirsten as head coach of their men's white-ball teams

Nitish to face trust vote, BJP Speaker refuses to quit

Nitish to face trust vote, BJP Speaker refuses to quit

Rediff.com24 Aug 2022

The special session is set to commence on a stormy note on account of Speaker Vijay Kumar Sinha's stout refusal to resign despite the new ruling dispensation's motion of no-confidence against him.

Got Excess Funds in Bank Accounts?

Got Excess Funds in Bank Accounts?

Rediff.com10 Jul 2024

Keeping surplus money in a bank account has become perilous, alerts Harsh Roongta.

People in democracies need a sense of uncertainty

People in democracies need a sense of uncertainty

Rediff.com20 Mar 2024

For trust in democracy to be retained, elections need to be not just free of intervention -- ruling out Pakistan and Russia -- but also demonstrate the capability to both deliver ruling mandates and hold the potential for large swings in favour of the opposition, points out Mihir S Sharma.And, after an election is done, they need to see a mandate in order to go back to their lives and let their representatives get on with the business of government, points out Mihir S Sharma.

'We Have An Indian Tiger That Needs To Be Uncaged'

'We Have An Indian Tiger That Needs To Be Uncaged'

Rediff.com10 Oct 2024

'What's sad today is that there are so many people who cannot find work, not because the country is devoid of that opportunity, but because we are not doing enough in the country.'

US chipmaker AMD to invest $400 mn in India

US chipmaker AMD to invest $400 mn in India

Rediff.com28 Jul 2023

US chipmaker Advanced Micro Devices (AM) on Friday announced a $400 million investment in India over the next five years and said it will build its largest design centre in Bengaluru. AMD chief technology officer Mark Papermaster made the announcement at the annual semiconductor conference in the presence of Prime Minister Narendra Modi. Undeterred by Taiwan's Foxconn pulling out of his group's $20 billion semiconductor-making venture, mining baron Anil Agarwal said the first phase of Vedanta's chip-making project will be ready in two-and-a-half years.

No country should...: Quad's clear message to China

No country should...: Quad's clear message to China

Rediff.com29 Jul 2024

The Quad also vowed to work towards a free, open and prosperous Indo-Pacific, a region that has seen increasing Chinese military muscle-flexing in the last few years.

Ayodhya And India's New Tryst With Destiny

Ayodhya And India's New Tryst With Destiny

Rediff.com12 Jan 2024

If Saudi Arabia, with just two Muslim holy sites of Mecca and Medina, can create a huge tourism-based ecosystem beyond oil, Ayodhya is sure to become the world's hottest religious tourism site in less than a decade, predicts R Jagannathan.

OpenAI not to allow AI for political campaigning in polls

OpenAI not to allow AI for political campaigning in polls

Rediff.com16 Jan 2024

Besides India, the United States and the United Kingdom will also go to the polls this year.

Back from China, Maldives Prez takes veiled dig at India

Back from China, Maldives Prez takes veiled dig at India

Rediff.com13 Jan 2024

Returning home after a five-day high-profile state visit to China, Maldives President Mohamed Muizzu on Saturday struck a defiant note saying that his country may be small but 'doesn't give them the license to bully us'.

Happy Congress took note of my issues, will fight polls unitedly, says Pilot

Happy Congress took note of my issues, will fight polls unitedly, says Pilot

Rediff.com6 Jul 2023

Congress leader Sachin Pilot on Thursday expressed happiness that the Congress party has taken cognisance of the issues raised by him about welfare of youth and corruption under the previous Vasundhara Raje government in Rajasthan, and asserted the party will contest the assembly polls unitedly to secure a massive victory.

Kashi, Mathura disputes must...: Ajmer Shrine Chief

Kashi, Mathura disputes must...: Ajmer Shrine Chief

Rediff.com23 Feb 2024

On the Citizenship Amendment Act, the Ajmer Dargah chief also said that in the last few years, Muslims have been misled about the CAA law.

Huge win for India as G20 adopts New Delhi declaration

Huge win for India as G20 adopts New Delhi declaration

Rediff.com9 Sep 2023

"Have just got the good news that due to the hard work of our teams and your cooperation, a consensus has been reached on New Delhi G20 Leaders Summit Declaration," Modi said while addressing the second session of the Summit at the Bharat Mandapam in New Delhi.

Will These 5 Parties Survive After Defeat?

Will These 5 Parties Survive After Defeat?

Rediff.com6 Jun 2024

The parties which gave chief ministers and sent scores of MPs to Parliament, drew a blank this time.

'Historically, 2023 is the best year for India-US ties'

'Historically, 2023 is the best year for India-US ties'

Rediff.com8 Dec 2023

The relationship between the US and India has been very productive, in particular on the trade and technology front, and 2023 can be considered the best year historically for bilateral ties, according to a former top American trade official. Arun Kumar, an Indian-American, who served as the assistant secretary of Commerce for Global Markets and director general of the US and Foreign Commercial Service (USFCS) during the Obama administration, said this during an interview with PTI in Washington. "Looking back on 2023, it was a very productive year for the US-India relationship, by many accounts the best year historically," he said.

Sonia Or Kharge: Who Will Be INDIA Chairperson?

Sonia Or Kharge: Who Will Be INDIA Chairperson?

Rediff.com30 Aug 2023

'Most leaders, from Lalu Yadav and Mamata to M K Stalin, respect and trust Sonia. She should continue unless she expressly declines.'

Long tail exposes India's shortcomings in T20Is

Long tail exposes India's shortcomings in T20Is

Rediff.com7 Aug 2023

'India tend to taper off at the end. You don't need batters down at 9/10 but they must have the ability to hit boundaries.'

SC rejects pleas on 100% EVM-VVPAT verification, paper ballot voting

SC rejects pleas on 100% EVM-VVPAT verification, paper ballot voting

Rediff.com26 Apr 2024

Pronouncing the judgement, Justice Khanna said the court has rejected all the petitions, including those seeking resorting back to ballot papers in elections.

Chief Imam faces fatwa for attending Ayodhya ceremony

Chief Imam faces fatwa for attending Ayodhya ceremony

Rediff.com30 Jan 2024

Imam Umer Ahmed Ilyasi also said that from the day of the event, he has been getting abuse and 'threats on phone calls' from a section of people.

Birla gets 2nd term as speaker; PM, Rahul escort him to chair

Birla gets 2nd term as speaker; PM, Rahul escort him to chair

Rediff.com26 Jun 2024

National Democratic Alliance nominee Om Birla was elected as Lok Sabha speaker on Wednesday after a motion moved by Prime Minister Narendra Modi was adopted through voice vote, capping intense debate on the issue with the opposition in a rare move proposing its own candidate.

Japan-Philippines Send Strong Message To China

Japan-Philippines Send Strong Message To China

Rediff.com23 Jul 2024

The trigger that led Japan and the Philippines to ink the deal was because of the deteriorating security situation in the South China Sea. China's coast guard increased the frequency and intensity of incursions into Philippine waters, provoking the Philippines to take countermeasures to deter China, explains Dr Rajaram Panda.

Can India's bowlers bounce back to avoid series loss?

Can India's bowlers bounce back to avoid series loss?

Rediff.com13 Dec 2023

Misfiring Indian bowlers in focus as India seek series-levelling win over SA in third T20I

TMC slams Adhir over 'better to vote for BJP' remark

TMC slams Adhir over 'better to vote for BJP' remark

Rediff.com1 May 2024

The West Bengal Congress unit issued a denial and said the state president meant "TMC and BJP are just the opposite sides of the same coin as both are venomous and spread lies".

India Inc leans on InvITs to reduce debt, generate returns for investors

India Inc leans on InvITs to reduce debt, generate returns for investors

Rediff.com20 Apr 2023

Reliance Industries, construction major L&T and IRB Infrastructure are some of the top companies that have used an infrastructure investment trust structure to reduce part of their debt and generate returns for their investors. Earlier this month, IRB Infrastructure InvIT was listed on the National Stock Exchange, giving its investors an option to exit by selling their units. The listing came within months of the Securities and Exchange Board of India's (Sebi's) guidelines for conversion of private unlisted InvITs into listed ones were issued.

Major defence deals with India to be announced: White House

Major defence deals with India to be announced: White House

Rediff.com22 Jun 2023

Modi and Biden will have a one-on-one meeting in the Oval Office of the White House on Thursday before holding high-level talks.

Nexus files for $500 mn IPO in India's 1st retail REIT public offer

Nexus files for $500 mn IPO in India's 1st retail REIT public offer

Rediff.com18 Nov 2022

Global investment firm Blackstone-sponsored Nexus Select Trust has filed the draft paper with market regulator Sebi to launch India's first public issue of retail REIT to raise around $500 million (about Rs 4,000 crore), sources said. Nexus Select Trust has a portfolio of 17 operational shopping malls across 14 major cities, covering about 10 million square feet of area valued at around $3 billion. As per the sources, Nexus Select Trust has on Thursday filed the Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (Sebi) and is looking to hit the capital market with India's first retail REIT (Real Estate Investment Trust) public issue in the first half of the 2023 calendar year.

The Challenges That Await Modi 3.0

The Challenges That Await Modi 3.0

Rediff.com22 Jul 2024

'The lack of a majority isn't the issue. He has enough in 240, especially as none of his allies can pull down his coalition.' 'That's why he's started as if this were just another, normal term. That pretence is vital for him.' 'The change for Modi 3.0 comes not from numbers, but from the new environment of contestation,' points out Shekhar Gupta.

Coalition Won't Block Modi's Reforms

Coalition Won't Block Modi's Reforms

Rediff.com29 Jun 2024

'The BJP's numbers in this government are almost the same as those enjoyed by the Congress under P V Narasimha Rao when the reform process was kicked off in 1991.' 'As before, the only constraints on the prime minister's actions are internal, not external.' 'They come from his own assessment of the political consequences of any action,' points out Mihir S Sharma.

Kanhaiya On Strong Wicket, But...

Kanhaiya On Strong Wicket, But...

Rediff.com25 May 2024

Manoj Tiwari is the only sitting MP whom the BJP has retained.

Blackstone sells entire 23.5% stake in Embassy REIT for Rs 7,100 crore

Blackstone sells entire 23.5% stake in Embassy REIT for Rs 7,100 crore

Rediff.com20 Dec 2023

Global investment firm Blackstone on Wednesday sold its entire 23.5 per cent stake in Embassy Office Parks REIT for around Rs 7,100 crore, according to sources. Embassy Office Parks REIT is India's first Real Estate Investment Trust (REIT) sponsored by Blackstone and Bengaluru-based realty firm Embassy group. Blackstone sold its stake in the entity at around Rs 316 per share through open market transactions and at this price, the deal is valued at about Rs 7,100 crore, the sources said.