News for 'Urban India'

Jharkhand records 66.18% voter turnout; no Maoist attack reported

Jharkhand records 66.18% voter turnout; no Maoist attack reported

Rediff.com14 Nov 2024

Nearly 13.04 per cent voter turnout was recorded till 9 am on Wednesday in 43 assembly constituencies in Jharkhand where voting is underway in the first phase, officials said.

'Budget Is Not Serious About Jobs'

'Budget Is Not Serious About Jobs'

Rediff.com29 Jul 2024

'They think quick fixes like internship in the private sector will help. 'In fact, internships have been going on for the last one decade.' 'In 2014-2015 itself, we had a ministry of skill development. None of the programmes have yielded results, still they are continuing with such schemes under some other name.' 'We don't see any seriousness on the part of the government to attack the problem of unemployment.'

Intense heatwave sweeps eastern states, spreads to south India: IMD

Intense heatwave sweeps eastern states, spreads to south India: IMD

Rediff.com23 Apr 2024

Heatwave conditions have been prevailing in Odisha since April 15 and the Gangetic West Bengal since April 17, according to the MeT department.

Union Budget 2024 remains largely neutral for stock markets in India

Union Budget 2024 remains largely neutral for stock markets in India

Rediff.com25 Jul 2024

Overall market reaction to the Budget was neutral. Investors absorbed the changes to the tax rates (positive for salaried class) and capital gains taxes (CGTs, negative due to the removal of indexation and increases. Other proposals largely pertain to supporting rural development, buybacks taxed as dividends, Custom duty changes that impact multiple sectors, higher outlays for clean energy, etc. There's some moderation in the growth of capex outlay across defence, fer

Will India CHANGE In Modi 3.0?

Will India CHANGE In Modi 3.0?

Rediff.com27 Jun 2024

The climate for 'doing business' remains forbidding, taxtortion is still rife, corruption at state and district levels has increased, oil prices remain extortive with high taxation, and the continued red tape has kept the enterprise system as stifled as before, points out Debashis Basu.

15 dead, many hospitalised as north India reels under punishing heatwave

15 dead, many hospitalised as north India reels under punishing heatwave

Rediff.com20 Jun 2024

To ensure immediate cooling of the body, the hospital has set up a first-of-its-kind heatstroke unit.

Women voters outnumber men in 8 Srinagar assembly constituencies

Women voters outnumber men in 8 Srinagar assembly constituencies

Rediff.com7 Sep 2024

Women outnumber men in six of the eight assembly constituencies with Central Shalteng and Eidgah segments being the exceptions.

Urban men lost more jobs than women in 2nd wave: CMIE

Urban men lost more jobs than women in 2nd wave: CMIE

Rediff.com16 Jul 2021

Urban men lost more jobs than women during the second wave of COVID-19, implying a complete loss of livelihood for millions of households, according to the Centre for Monitoring Indian Economy (CMIE). The most disproportionate loss of jobs because of the first wave of COVID-19 was among urban women, CMIE's MD and CEO Mahesh Vyas said in his analysis. He said urban women account for about three per cent of total employment, but they accounted for 39 per cent of total job losses in the first wave of the pandemic.

Deloitte pegs India's FY25 GDP growth at 6.6%

Deloitte pegs India's FY25 GDP growth at 6.6%

Rediff.com26 Apr 2024

Deloitte India on Friday said it estimates India's GDP growth at 6.6 per cent in the current fiscal helped by consumption expenditure, exports rebound and capital flows. In its India's economic outlook report, Deloitte said the rapid growth of the middle-income class has led to rising purchasing power and even created demand for premium luxury products and services. With the expectation that the number of middle-to-high-income segments will be one in two households by 2030/31, up from one in four currently, we believe this trend will likely become further amplified, driving overall private consumer expenditure growth, it said.

Consumption story gets a facelift as rural demand shows promise

Consumption story gets a facelift as rural demand shows promise

Rediff.com16 Apr 2024

Consumer goods firms and auto companies are witnessing an upturn in rural demand, which had been lagging for most of FY24. Expectations of a bumper rabi crop harvest have helped turn the tide. The Reserve Bank of India's (RBI's) Monetary Policy Committee kept the repo rate unchanged last week, noting that as rural demand catches up, consumption is expected to support economic growth in 2024-25.

Have Indian regulators made the system more transparent?

Have Indian regulators made the system more transparent?

Rediff.com8 Oct 2024

Union Finance Minister Nirmala Sitharaman on Tuesday commended Indian financial sector regulators for doing a "world-class job" and bringing greater transparency into the system. Underlining that she is not against questioning or critiquing regulators, Sitharaman said there is a need to be "extremely conscious" about contributions made by them as well. Speaking at the Financial Express Best Banks Awards, the finance minister said, "I strongly recommend that facts are taken on board before we discuss anything to do with the regulators, strictly speaking."

'This Election Captures The Evolution Of India From 2014 To 2024'

'This Election Captures The Evolution Of India From 2014 To 2024'

Rediff.com4 May 2024

'2019 was fought on delivery. But in 2024, you can see the before and after effects.'

Cong sweeps Rajasthan urban body polls

Cong sweeps Rajasthan urban body polls

Rediff.com19 Nov 2019

The Congress won nearly half of the 2,105 wards in the contest in the first local elections held in the state after the party came to power in Rajasthan last December.

Maha polls on Nov 20, J'khand to vote on Nov 13 and 20; results on Nov 23

Maha polls on Nov 20, J'khand to vote on Nov 13 and 20; results on Nov 23

Rediff.com15 Oct 2024

The assembly polls in Maharashtra will be held in a single phase while Jharkhand polls will be held in two phases, the Election Commission of India announced on Tuesday.

How FarmDidi Is Changing Lives

How FarmDidi Is Changing Lives

Rediff.com20 Sep 2024

Each bottle of pickle that leaves FarmDidi, headed to a consumer, has a little kahani behind it -- it's linked to the tale of a life, the life of a simple, striving village woman who created it, and that's what gives Manjari Sharma satisfaction and happiness.

Crippling story of India's urban infra projects

Crippling story of India's urban infra projects

Rediff.com8 Feb 2016

Of the 538 projects examined, 294 suffered from cost overruns, 303 from time overruns, and 166 projects suffered both time as well as cost overruns.

'In No Rush To Say Economy Is Slowing Down'

'In No Rush To Say Economy Is Slowing Down'

Rediff.com7 Nov 2024

'Whether I am optimistic or pessimistic is not the issue; I am just going by the evidence available.' 'The Indian economy and financial sector are now well-placed and very resilient in dealing with any kind of spillover coming from the external world.'

K'taka guv's security tightened amid protests over Sidda prosecution nod

K'taka guv's security tightened amid protests over Sidda prosecution nod

Rediff.com22 Aug 2024

The governor has also started using a bullet-proof car since Tuesday morning, the sources told PTI.

Northwest India swelters under extreme heat as mercury breaches 45 deg C mark

Northwest India swelters under extreme heat as mercury breaches 45 deg C mark

Rediff.com18 May 2024

The Met office has issued a "red" warning for Delhi, Haryana, Punjab and west Rajasthan, stressing the need for "extreme care for vulnerable people".

Fissures in MVA after Cong's defeat in Haryana

Fissures in MVA after Cong's defeat in Haryana

Rediff.com9 Oct 2024

Maharashtra Congress president Nana Patole on Wednesday slammed ally Shiv Sena-Uddhav Balasaheb Thackeray's MP Sanjay Raut for his remarks on Haryana poll outcome, stressing that accusations against Congress won't be tolerated.

Bigwigs to lock horns in 2nd phase of J-K polls

Bigwigs to lock horns in 2nd phase of J-K polls

Rediff.com24 Sep 2024

Over 2.5 million voters will decide the fate of 239 candidates in the fray for 26 Jammu and Kashmir assembly seats in the second phase of the election to be held in the Union territory on Wednesday.

SBI to hire over 15,000 in FY25 to boost operations, expand network

SBI to hire over 15,000 in FY25 to boost operations, expand network

Rediff.com13 May 2024

State Bank of India (SBI) is planning to recruit over 15,000 people in 2024-25, increasing the strength of those in the field for marketing. The recruits will be also for deployment in the bank's operations subsidiary and expanding the branch network. The operations subsidiary - State Bank Operations Support Services - became functional last year.

Modi Knows How To Deal With Dissanayake

Modi Knows How To Deal With Dissanayake

Rediff.com23 Sep 2024

For India to view the new Sri Lankan leadership only through the prism of the past or through their narrow view on China, is fraught with possibilities that should be avoided, asserts N Sathiya Moorthy.

Maruti, Tatas' Plans To Boost Car Sales

Maruti, Tatas' Plans To Boost Car Sales

Rediff.com21 Oct 2024

'The customer is fast changing, and she demands newer experiences that wealth can buy.'

Moody's raises India's 2024 growth forecast to 6.8%

Moody's raises India's 2024 growth forecast to 6.8%

Rediff.com4 Mar 2024

Global rating agency Moody's on Monday raised India's growth forecast for 2024 calendar year to 6.8 per cent, from 6.1 per cent estimated earlier, on the back of 'stronger-than-expected' economic data of 2023 and fading global economic headwinds. India's real GDP expanded 8.4 per cent year-over-year in the fourth quarter of calendar year 2023, resulting in a 7.7 per cent growth for full-year 2023. Capital spending by the government and strong manufacturing activity have meaningfully contributed to the robust growth outcomes in 2023, Moody's Investors Service said.

Siddaramaiah refuses to resign, to challenge Guv's sanction

Siddaramaiah refuses to resign, to challenge Guv's sanction

Rediff.com17 Aug 2024

Karnataka Chief Minister Siddaramaiah on Saturday ruled out his resignation, following the Governor granting sanction to prosecute him, in connection with the Mysuru Urban Development Authority (MUDA) site allotment 'scam', and said he had done no wrong to step down.

Congress Backs Nitish As INDIA Convenor

Congress Backs Nitish As INDIA Convenor

Rediff.com5 Jan 2024

Sources within the INDIA bloc said appointing Nitish Kumar as convenor would lend credibility to the INDIA bloc's demand for conducting a nationwide caste census.

MNCs look towards India for a booster dose

MNCs look towards India for a booster dose

Rediff.com1 Apr 2024

In recent months, several pharma multinational corporations (MNCs) are increasingly turning to Indian companies to expand market reach in the country's pharmaceuticals sector. Sanofi's partnerships with Dr Reddy's, Cipla, and Emcure, AstraZeneca and Mankind Pharma - teaming up for asthma medication distribution - are a few instances of this trend. This strategy allows MNCs to leverage established Indian networks and reach a wider audience. Indian companies also benefit from global brands and expertise, say analysts.

India's GDP will reach $5 trillion in 2026: Arvind Panagariya

India's GDP will reach $5 trillion in 2026: Arvind Panagariya

Rediff.com15 Dec 2023

India will become the world's third largest economy by 2026 as its GDP in current dollar terms will reach $5 trillion in that year and further rise to $5.5 trillion in 2027, former Niti Aayog vice chairman Arvind Panagariya said on Friday. Delivering the 18th C D Deshmukh Memorial Lecture titled 'India at 125: Reclaiming the Lost Glory and Returning the Global Economy to the Old Normal', he said it is unlikely that GDP in current dollar terms of either Germany or Japan will cross $5 trillion-mark in the coming three years. Japan will have to sustain a growth rate of 3.5 per cent in current dollar terms to reach $5.03 trillion in 2027 from its 2022 level of $4.2 trillion, he said.

PMO asks for project inauguration details for next 2 years from urban affairs ministry

PMO asks for project inauguration details for next 2 years from urban affairs ministry

Rediff.com5 May 2022

The Prime Minister's Office has asked the Union housing and urban affairs ministry to furnish details of projects that will be ready for foundation stone laying and inauguration by Prime Minister Narendra Modi over the next two years, according to an official document.

8.8 million families live in 33,510 urban slums

8.8 million families live in 33,510 urban slums

Rediff.com24 Dec 2013

It said 33,510 slums were estimated to be in the urban areas of the country of which 41 per cent were notified.

Cong bastion Konkan now a battleground for Sena vs Sena

Cong bastion Konkan now a battleground for Sena vs Sena

Rediff.com18 Oct 2024

All eyes are now on the Sena factions, led by CM Shinde, backed by the BJP, and his predecessor Uddhav Thackeray, and their performance in the coastal belt in the November 20 polls.

Urban development: India, US to deepen cooperation

Urban development: India, US to deepen cooperation

Rediff.com15 Jan 2010

The decision in this regard was taken when urban development secretary M Ramachandran met with top officials of the Obama Administration during his four-day visit to the US capital this week.

MUDA issue: Cong leadership backs Siddaramaiah

MUDA issue: Cong leadership backs Siddaramaiah

Rediff.com24 Aug 2024

Days after the Karnataka governor granted sanction for the prosecution of Chief Minister Siddaramaiah in the Mysuru Urban Development Authority case, the Congress' top leadership on Friday expressed its backing for him and alleged that the Centre had unleashed a systematic assault through a 'puppet governor' to destabilise an elected government.

The 10 Year Old Who Topped World Contest

The 10 Year Old Who Topped World Contest

Rediff.com24 Sep 2024

Stunning! Shreyovi Mehta, 10, is a runner up at the annual worldwide Wildlife Photographer of the Year contest.

Explained: Supreme Court's Property Judgment

Explained: Supreme Court's Property Judgment

Rediff.com14 Nov 2024

'A rigid or overly broad interpretation could lead to a chilling effect on investments and growth in sectors traditionally driven by private initiative.' 'Entrepreneurs may fear that their assets could be arbitrarily appropriated by the State under the guise of serving the 'common good' without sufficient legal safeguards.' 'The judgment thus supports a more nuanced view, one that balances individual property rights with public welfare objectives.'

'Is it usual for a store to be empty at 6 pm?'

'Is it usual for a store to be empty at 6 pm?'

Rediff.com2 Jan 2024

'Due to rural stress, volumes continue to remain an issue for the industry, and we are yet to see any revival in demand.'

Like Taapsee's Sari Game in Paris? Vote!

Like Taapsee's Sari Game in Paris? Vote!

Rediff.com7 Aug 2024

While everyone is eagerly waiting to see Taapsee Pannu in her latest thriller, Phir Aayi Hasseen Dillruba, she's already winning hearts with her sari looks at the Paris Olympics 2024.

Why financial literacy among urban working youth is low

Why financial literacy among urban working youth is low

Rediff.com14 Oct 2013

The study says living in joint families negatively impacted the level of financial knowledge.

Why Megacities Are Not Cooling Down

Why Megacities Are Not Cooling Down

Rediff.com5 Jun 2024

The heat index in major metro cities in the country has majorly risen since 2010 compared to a decade earlier.