News for 'Urban India'

Consumer goods firms likely to see an upswing after year of lull

Consumer goods firms likely to see an upswing after year of lull

Rediff.com24 Jul 2024

The Budget proposals are expected to boost the fortunes of consumer goods and fast-moving consumer goods companies, which have been struggling with poor consumer demand for more than a year. The Budget announcements, such as the increase in standard deduction by Rs 25,000 for income-tax payers and slab revisions, will put more money in their hands, boosting consumer demand. Private consumption is also likely to benefit from a new scheme to offer internships to 10 million youths in the country's top 500 companies.

Atishi Marlena In Delhi's Hot Seat

Atishi Marlena In Delhi's Hot Seat

Rediff.com18 Sep 2024

The Delhi battlefield may not be a cakewalk for the Rhodes Scholar.

Over To The Rain Gods To Lift Consumer Mood

Over To The Rain Gods To Lift Consumer Mood

Rediff.com24 Aug 2022

The 6.7% growth in Index of Consumer Sentiments in July 2022 is the highest since September 2021, explains Mahesh Vyas.

BJP to fight TN urban civic polls alone, says alliance with AIADMK intact

BJP to fight TN urban civic polls alone, says alliance with AIADMK intact

Rediff.com31 Jan 2022

The Tamil Nadu unit of the Bharatiya Janata Party on Monday announced that it would contest alone in the urban civic polls slated to be held on February 19, even while asserting that its alliance with the All India Anna Dravida Munnetra Kazhagam in the state remained intact.

Jefferies stays bullish on PSU stocks: SBI, Coal India, NTPC lead the way

Jefferies stays bullish on PSU stocks: SBI, Coal India, NTPC lead the way

Rediff.com22 Feb 2024

Notwithstanding the recent sharp decline in the stocks of public sector companies, analysts at Jefferies remain bullish on this segment. State Bank of India, Coal India, and NTPC are their top picks in this space, they said in a recent note. The public sector undertaking (PSU) or state-owned enterprise (SOE) index, with a 70-percentage-point outperformance versus the National Stock Exchange Nifty50 over the past 12 months, comes after a decade of underperformance before 2020.

Growth Question Looms Large Over Chandigarh

Growth Question Looms Large Over Chandigarh

Rediff.com28 May 2024

As Chandigarh braces for a fierce contest between Congress candidate Manish Tewari and the BJP's Sanjay Tandon, its industry leaders harbour a fervent wish: Replicate the success of the National Capital Region model in this Union Territory.

Does BJP Have Anyone To Match Kejriwal?

Does BJP Have Anyone To Match Kejriwal?

Rediff.com16 Aug 2024

'BJP insiders acknowledge that the party needs to be helmed by someone who can match Arvind Kejriwal's stature.' 'A Sudhanshu Trivedi or Bansuri Swaraj could bring the freshness the party needs in Delhi,' points out Aditi Phadnis.

Budget 2024: Real estate sector bats for revival of affordable housing

Budget 2024: Real estate sector bats for revival of affordable housing

Rediff.com29 Jun 2024

The real estate sector wants "high-impact" measures, like special schemes and tax breaks for developers, to revive the fortunes of the affordable housing segment in the country, multiple executives told Business Standard. This segment has been struggling since the Covid-19 outbreak, in contrast to larger and costlier homes which have been selling like hot cakes. The demand comes at a time when the government is taking suggestions from industry players before tabling the General Budget in the Parliament next month.

How India's urban poor also help the economy grow

How India's urban poor also help the economy grow

Rediff.com10 Jun 2013

Most informal enterprises in slums employ local residents, generating benefits for the local economy.

Future of digital payments in India

Future of digital payments in India

Rediff.com20 Mar 2024

'The focus needs to shift towards the ability to collect payments, particularly in tier-3 to tier-4 areas where acceptance is still lacking.'

'We Are Frittering Away The Demographic Dividend'

'We Are Frittering Away The Demographic Dividend'

Rediff.com27 Jun 2024

'it's not just youth in India who are left behind because of their inability to find jobs; nearly two-thirds of Indian women of working ages do not participate at all in the paid labour force.'

Over 100 mn consumers want to upgrade to 5G in India: Ericcson report

Over 100 mn consumers want to upgrade to 5G in India: Ericcson report

Rediff.com29 Sep 2022

More than 100 million users with 5G-ready smartphones wish to upgrade to a 5G subscription in 2023 while a majority of them are open to adopting a higher data-tiered plan in the next 12 months, a report by Ericsson Consumer Lab has shown. Titled "Promise of 5G in India", the study carried out in the second quarter this year reflects the views of 300 million urban smartphone users. According to the study, consumer 5G readiness remains one of the highest in the world.

FMCG cos to face volume pressure in Q4

FMCG cos to face volume pressure in Q4

Rediff.com12 Apr 2024

Fast-moving consumer goods (FMCG) companies anticipate sustained volume pressures in the January-March quarter (Q4) coupled with sluggish rural growth during the period. Brokerages estimate top-line growth to be in low single digits in the quarter. Also, the late onset of winter had an impact on demand for winter products which range from moisturisers to hot beverages.

India's unemployment rate at 6-year low of 3.2% during Jul 2022-Jun 2023

India's unemployment rate at 6-year low of 3.2% during Jul 2022-Jun 2023

Rediff.com10 Oct 2023

India's unemployment rate for persons aged 15 years and above was recorded at a six-year low of 3.2 per cent during July 2022-June 2023, as per the Periodic Labour Force Survey Annual Report 2022-2023 released by the National Sample Survey Office. Joblessness or unemployment rate is defined as the percentage of unemployed persons in the labour force. Considering the importance of the availability of labour force data at more frequent time intervals, the NSSO launched the Periodic Labour Force Survey (PLFS) in April 2017.

'Unemployment Is A Ticking Time Bomb!'

'Unemployment Is A Ticking Time Bomb!'

Rediff.com8 Aug 2024

'The government should come back as a job creator as it did in the 1960s and the 1970s.'

India, US armies 'fight' urban terror

India, US armies 'fight' urban terror

Rediff.com15 Oct 2009

Yudh Abhyas-09, as the exercise is called, is the first time that the US has taken its potent Stryker infantry armoured vehicles outside of its operational area to a foreign land.

Modi flags off 'Namo Bharat' train, India's 1st RRTS

Modi flags off 'Namo Bharat' train, India's 1st RRTS

Rediff.com20 Oct 2023

Modi showed the green flag to the train connecting Sahibabad and Duhai Depot stations, marking launch of the RRTS in India. The train can run at a speed of 180 km per hour,

Bharat Bandh hits life in Bihar, J'hand, tribal belts

Bharat Bandh hits life in Bihar, J'hand, tribal belts

Rediff.com21 Aug 2024

The response was tepid in other parts of the country even as several INDIA bloc parties as well as other non-BJP outfits extended their support to the bandh.

Use of Indian languages key for increasing internet access in India: Report

Use of Indian languages key for increasing internet access in India: Report

Rediff.com13 Mar 2024

Nearly 665 million Indians or 45 per cent of the rural population did not have access to the internet as of 2023. Difficulty in understanding internet procedures, insufficient awareness of its benefits, and a lack of interest have emerged as the top reasons for a gap in internet penetration in rural India, according to a joint report by the Internet and Mobile Association of India (IAMAI) and Kantar. "The proficiency of English in rural India is very low. While we have content in Hindi, the internet is English-heavy.

Aman eyes Mumbai/Delhi for urban hotel

Aman eyes Mumbai/Delhi for urban hotel

Rediff.com22 Sep 2018

'We have never compromised on the location of properties and that won't change.'

Women's unemployment rate at 16-month low; labour participation declines

Women's unemployment rate at 16-month low; labour participation declines

Rediff.com14 Feb 2024

The unemployment rate for women was last this low around Diwali in 2022. The unemployment rate has dropped for women from 14.9 per cent in December 2023 to 11 per cent in January 2024, according to data from the Centre for Monitoring Indian Economy (CMIE). It was higher in January 2023 at 13.5 per cent.

Bengaluru's water crisis: India Inc adopt innovative methods

Bengaluru's water crisis: India Inc adopt innovative methods

Rediff.com14 Mar 2024

From installing water-saving aerators on taps to using cans for washing hands and dishes, Bengaluru is adopting diverse strategies to tide over the water crisis. While several citizens have taken to social media to urge Karnataka Chief Minister Siddaramaiah to make work from home mandatory for IT companies, it appears that hybrid mode will continue to be the norm for most - although with new water conservation measures in place. Co-working space provider Urban Vault has, for instance, installed smart water meters to detect leakage.

How Banks Plan To Tackle 'Mule' Fraud

How Banks Plan To Tackle 'Mule' Fraud

Rediff.com8 Aug 2024

'A mule operates someone else's account to transfer illegal money.'

RBI raises GDP growth projection to 7.2% for FY25

RBI raises GDP growth projection to 7.2% for FY25

Rediff.com7 Jun 2024

The Reserve Bank of India on Friday revised upwards the GDP growth projection for the current fiscal to 7.2 per cent from 7 per cent on rising private consumption and revival of demand in rural areas. Unveiling the bi-monthly monetary policy, RBI Governor Shaktikanta Das said estimates released by the National Statistical Office (NSO) placed India's real gross domestic product (GDP) growth at 8.2 per cent in 2023-24. "During 2024-25 so far, domestic economic activity has maintained resilience," he said, adding that manufacturing activity continues to gain ground on the back of strengthening domestic demand.

Youth Are 83% Of The Unemployed

Youth Are 83% Of The Unemployed

Rediff.com3 Jun 2024

'The youth is stressed and students are depressed.'

C S Setty: SBI's New Boss

C S Setty: SBI's New Boss

Rediff.com1 Jul 2024

'You will see him frequently asking customers -- especially retail -- about service experience, pain points, areas of improvement and suggestions.'

Shift Of Power In Parliament Post Polls

Shift Of Power In Parliament Post Polls

Rediff.com13 Jun 2024

The increased numbers of the Opposition bloc would mean that their MPs are likely to head several more panels than the four that they did by the end of the term of the 17th Lok Sabha.

Aatmanirbharta not at cost of nation's defence, says vice air chief

Aatmanirbharta not at cost of nation's defence, says vice air chief

Rediff.com19 Jul 2024

The ongoing Russia-Ukraine conflict has demonstrated the integration of multiple forces in domains of air, land, sea, cyber, information and space, and how they are "united" to achieve the goal, Vice Chief of the Air Staff, Air Marshal A P Singh, said on Friday.

Why Are Voters Not Turning Up To Vote?

Why Are Voters Not Turning Up To Vote?

Rediff.com27 Apr 2024

Is the unusually and unbearably scorching Sun and the general laxity, bordering on laziness, among voters, responsible, asks N Sathiya Moorthy.

EC sets up 200 polling booths inside UP housing societies to pull voters

EC sets up 200 polling booths inside UP housing societies to pull voters

Rediff.com14 Apr 2024

The Election Commission of India has set up more than 200 polling stations within housing societies in the urban areas of Uttar Pradesh to increase the voter turnout in the politically crucial state.

Economic Recovery can't be taken for granted

Economic Recovery can't be taken for granted

Rediff.com14 Jul 2021

The fall in urban sentiments in June is worrisome, observes Mahesh Vyas.

Rural, urban households prefer private hospitals

Rural, urban households prefer private hospitals

Rediff.com12 Apr 2016

Access to private hospitals is a costly affair.

Charged-up: Bengaluru takes top spot in electric car registrations

Charged-up: Bengaluru takes top spot in electric car registrations

Rediff.com18 Jun 2024

Bengaluru outpaced Mumbai, Delhi, and Pune in 2023 to become India's leading city for electric car registrations. The city's tech-savvy workforce, increased acceptability, zero road tax, subsidised electricity for EV charging, and a wide charging station network contributed to this surge. Electric car registrations in Karnataka's capital surged more than threefold in 2023 to 8,690 units, overtaking the growth witnessed in the other three cities, according to data from Jato Dynamics

Honda 2W share rises after on-board norms compliance

Honda 2W share rises after on-board norms compliance

Rediff.com17 Jul 2024

The battle for the top spot in the two-wheeler market is intensifying. The gap between Hero MotoCorp and Honda Motorcycle & Scooter India (HMSI) in retail sales narrowed to just 45,607 units in June. This improvement comes as HMSI has clawed back market share after dipping to a historic low of 18 per cent in May 2023. Now, the retail market shares of the two companies are 28.86 per cent and 25.54 per cent, respectively, compared to 35.54 per cent and 18.05 per cent in May 2023.

India faces a huge urban crisis

India faces a huge urban crisis

Rediff.com8 Feb 2008

India is facing a massive urban crisis, whose solution is nowhere in sight.

Delhi Gets Ready To House New MPs

Delhi Gets Ready To House New MPs

Rediff.com27 May 2024

'We don't have a say which MP stays where. We prepare everything and allot according to the list we get from Parliament.'

How extreme heat affected Delhi street vendors

How extreme heat affected Delhi street vendors

Rediff.com14 Jun 2024

Seven out of eight women street vendors reported experiencing high blood pressure, while women in the middle age group raised concerns about delays in their menstrual cycles due to the extreme heat.

Inflation falls to three-month low of 5.1 pc in January

Inflation falls to three-month low of 5.1 pc in January

Rediff.com12 Feb 2024

Retail inflation declined to a three-month low of 5.1 per cent in January, mainly due to subdued prices of vegetables, fruits and other food items, according to government data released on Monday. The fall indicates that retail inflation is inching towards the Reserve Bank's comfort level of 4 per cent. The Consumer Price Index (CPI) based inflation was on the rise for two straight months after touching a trough of 4.9 per cent in October 2023. In December, it stood at 5.69 per cent.

The Grim State of Household Incomes

The Grim State of Household Incomes

Rediff.com24 Jun 2021

In the week ended June 6, only 2.3 per cent of the households reported that their incomes were higher than a year ago. This was the lowest-ever proportion of households reporting an increase in income in any week, reveals Mahesh Vyas.

PM for revamp of urban governance

PM for revamp of urban governance

Rediff.com21 Oct 2014

Modi pitched for revamping urban governance while linking it to the 'Digital India' mission and 'Swachh Bharat' campaign.