News for 'development contract'

This attack-dog behaviour....: Tharoor slams BJP over US deep state charges

This attack-dog behaviour....: Tharoor slams BJP over US deep state charges

Rediff.com8 Dec 2024

Senior Congress leader Shashi Tharoor has criticized the BJP for its allegations that elements in the American "deep state" were behind attempts to destabilize India, saying this "attack-dog" behavior is an embarrassment to India. Tharoor's comments come after the US rejected the BJP's allegations, describing them as "disappointing" and asserting that the US government is a champion of media freedom. The BJP had alleged that the US deep state colluded with the media portal OCCRP and Congress leader Rahul Gandhi to "damage" India's image.

A yr of Israel-Hamas war: Trade with W Asia holds steady

A yr of Israel-Hamas war: Trade with W Asia holds steady

Rediff.com14 Oct 2024

A year after a Hamas attack against Israel on October 7 and the ensuing Israeli invasion of the Gaza Strip, India's trade with most West Asian countries has largely escaped any major disruption, except with countries like Israel, Lebanon, and Jordan. However, repeated flare-ups of geopolitical tensions in the region continue to drive up shipping and logistics costs.

ICC confirms CT 2025 Hybrid Model, India vs Pakistan in UAE

ICC confirms CT 2025 Hybrid Model, India vs Pakistan in UAE

Rediff.com6 Dec 2024

According to a top ICC source, the decision was more or less finalised during an informal meeting between the body's new president Jay Shah and the Board of Directors, including Pakistan, at its headquarters in Dubai on Thursday.

Direct tax: Budget 2025-26 eases burden, boosts spending and growth

Direct tax: Budget 2025-26 eases burden, boosts spending and growth

Rediff.com3 Feb 2025

The eighth Budget of Finance Minister Nirmala Sitharaman continued to focus on 'GYAN' (Garib, Youth, Annadata, Nari) to maintain a consistent and coherent strategy initiated over the years in pursuing the government's vision for Viksit Bharat. The approach, characterised by incremental yet impactful steps, aims to create a compounding effect over time.

US Accuses Adani Of Bribing Officials

US Accuses Adani Of Bribing Officials

Rediff.com21 Nov 2024

Gautam Adani, India's second-richest man, and seven others including his nephew Sagar have been charged with paying bribes to unidentified officials of state governments in Andhra Pradesh and Odisha to buy expensive solar power, potentially earning more than $2 billion profit over 20 years.

PVR Inox shares hit 44-month low; stock has tanked 23% from December high

PVR Inox shares hit 44-month low; stock has tanked 23% from December high

Rediff.com8 Jan 2025

PVR Inox shares hit a 44-month low of Rs 1,154, declining 8 per cent on the BSE in Tuesday's intra-day trade in an otherwise firm market, driven by growth concerns. The stock has slipped 23 per cent from its December high of Rs 1,620, touched on December 5, 2024. It has fallen below its previous low of Rs 1,203.7 from June 4, 2024, and is trading at its lowest level since May 2021.

India's services sector recovers from 10-month low

India's services sector recovers from 10-month low

Rediff.com6 Nov 2024

India's services PMI recovered from its ten-month low in September to reach 58.5 in October supported by strong expansions in output and new business, which in turn boosted job creation, a monthly survey said on Wednesday. The seasonally adjusted HSBC India Services Business Activity Index increased from 57.7 in September to 58.5 in October, as robust sales pipelines and strong demand conditions supported the upturn in business activity. In the Purchasing Managers' Index (PMI) parlance, a print above 50 means expansion, while a score below 50 denotes contraction.

Army beefs up artillery power along China border

Army beefs up artillery power along China border

Rediff.com27 Sep 2024

The Indian Army is enhancing the combat prowess of its artillery units along the frontier with China by procuring an array of weapons systems, including an additional batch of 100 K9 Vajra howitzers, swarm drones, loitering munitions and surveillance systems.

Varun Dhawan's Body Double Becomes A Star

Varun Dhawan's Body Double Becomes A Star

Rediff.com5 Feb 2025

'I've had a 10-and-a-half year journey behind the camera and people don't know who I am.'

One Month Of Trump: The World Is In Shock

One Month Of Trump: The World Is In Shock

Rediff.com20 Feb 2025

The US is currently Earth's most powerful country and a certain latitude of understanding -- a world view -- is popularly expected from its leadership. From a country identified with freedom, constitution, debate, democracy and the likes of Abraham Lincoln even as it had the most powerful military around, the US, following Trump's actions, seemed repositioned as militarily powerful with other qualities secondary, observes Shyam G Menon.

FDI declines 16% in FY'23, first y-o-y contraction in a decade

FDI declines 16% in FY'23, first y-o-y contraction in a decade

Rediff.com24 May 2023

The annual decline works out to be 16.3 per cent in 2022-23 compared to inflows in 2021-22. The gross FDI inflows in 2021-22 were $81.97 billion, up 10 per cent over fiscal 2019-20. The previous year-on-year contraction in FDI was in 2012-13 when the inflows declined by 26 per cent to $34.298 billion.

Can Modiji Fix The Economy's Problems?

Can Modiji Fix The Economy's Problems?

Rediff.com7 Jan 2025

'If weak indicators persist, there is a risk that India could slip into a prolonged slowdown similar to the one experienced between 2014 and 2019,' warns Debashis Basu.

What To Watch On OTT This Week

What To Watch On OTT This Week

Rediff.com29 Nov 2024

Christmas romance, heists, thrillers, it's all there on OTT this week. Sukanya Verma lists her recommendations.

Cochin Shipyard launches Navy's 2 anti-submarine vessels

Cochin Shipyard launches Navy's 2 anti-submarine vessels

Rediff.com9 Sep 2024

The two ships are part of the series of eight anti-submarine warfare shallow water crafts which are under construction in CSL.

US owned Haas terminate Russian racer Mazepin's contract

US owned Haas terminate Russian racer Mazepin's contract

Rediff.com5 Mar 2022

Mazepin called the decision to terminate his contract a 'unilateral step' and said 'no process was followed' in reaching it.

BSE hoists the sails for Sensex's 'offshore' voyage

BSE hoists the sails for Sensex's 'offshore' voyage

Rediff.com16 Sep 2024

Tasting success with the relaunch of Sensex derivatives in the onshore market, BSE is preparing for the 'offshore' debut of its 30-share index, which has become synonymous with the domestic markets. Sources in the know said that the India International Exchange (India INX), a subsidiary of BSE, received approval in July from the International Financial Services Centres Authority (IFSCA) to launch Sensex 30 derivatives contracts.

Who will captain Punjab Kings in IPL 2025?

Who will captain Punjab Kings in IPL 2025?

Rediff.com18 Oct 2024

Punjab Kings have decided to retain majority of their support staff with fast bowling coach James Hopes likely to be the sole addition for IPL 2025.

L&T defence arm bags Pinaka weapons system contract

L&T defence arm bags Pinaka weapons system contract

Rediff.com4 Sep 2020

Engineering and construction major Larsen & Toubro (L&T) on Friday said its defence arm has received orders for the Indian ministry of defence for the supply of four regiments of Pinaka weapon systems.

Sonia Gandhi linked to Soros-funded group backing Kashmir freedom: BJP

Sonia Gandhi linked to Soros-funded group backing Kashmir freedom: BJP

Rediff.com8 Dec 2024

The Bharatiya Janata Party (BJP) has alleged that former Congress president Sonia Gandhi has links to an organisation financed by the George Soros Foundation, which has reportedly supported the idea of an independent Kashmir. The party claims this connection demonstrates foreign influence in Indian internal affairs. This comes after BJP's claims of US involvement in destabilizing India, which the US has denied. The BJP also accused Congress leader Rahul Gandhi of collaborating with the Soros-funded OCCRP to damage India's economy and reputation. The allegations have drawn criticism from the US embassy and the opposition Congress.

Ayodhya: Lights installed on Ram Path, Bhakti Path stolen

Ayodhya: Lights installed on Ram Path, Bhakti Path stolen

Rediff.com14 Aug 2024

As many as 3,800 bamboo and 36 projector lights worth over Rs 50 lakh installed on Bhakti Path and Ram Path, located in a high-security area in Ayodhya, were allegedly stolen, according to police.

Met Adanis several times but...: Jagan denies bribery charges

Met Adanis several times but...: Jagan denies bribery charges

Rediff.com29 Nov 2024

Former Andhra Pradesh Chief Minister YS Jagan Mohan Reddy has strongly refuted allegations of bribery by the Adani Group for solar power purchases during his government. He claimed his name was not mentioned in a US court's indictment and that meetings with Adani Group chairman Gautam Adani were not unusual for a chief minister. Reddy said the power supply agreement was between the state's DISCOMs and SECI, with no third-party involvement. He also defended the deal, calling it 'historic' and highlighting the cost savings for the state. Meanwhile, former CM N Chandrababu Naidu has alleged irregularities in the deal and promised to act upon the alleged charges.

Want To Invest In Pharma & Healthcare?

Want To Invest In Pharma & Healthcare?

Rediff.com5 Nov 2024

'A long-term investor with a 4 to 5 year horizon could invest in this theme via SIPs.'

Time To Avoid Stock Markets?

Time To Avoid Stock Markets?

Rediff.com9 Oct 2024

The narrative on China is changing post the recent stimulus measures, and it will be hard for global investors to ignore the Chinese markets.

Reliance, BP partnership to continue despite end of exclusivity

Reliance, BP partnership to continue despite end of exclusivity

Rediff.com2 Oct 2024

Global supermajor BP Plc's exclusivity with Reliance Industries Ltd has ended but the energy giant will continue to pursue oil and gas as well as mobility ventures in India with the Mukesh Ambani firm owing to an unwritten strategic partnership, BP's outgoing India head Sashi Mukundan said. BP in 2011 spent $7.2 billion to acquire 30 per cent interest in 23 oil and gas blocks of Reliance. Eastern offshore KG-D6 block was the cornerstone of the deal that also provided for a 10-year exclusivity period which meant that BP would take up energy projects or investments in India only in partnership with Reliance.

Man held for plotting to kill Salman, was in touch with Pak handler

Man held for plotting to kill Salman, was in touch with Pak handler

Rediff.com17 Oct 2024

The Navi Mumbai police have apprehended an accused wanted in connection with an alleged plot to kill Bollywood actor Salman Khan, an official said.

India, US sign key defence agreement

India, US sign key defence agreement

Rediff.com24 Aug 2024

The two countries also signed a 'Memorandum of Agreement regarding the Assignment of Liaison Officers', which will facilitate the posting of one military officer from each country with the military of the other.

India-Pakistan won't face-off in Champions Trophy?

India-Pakistan won't face-off in Champions Trophy?

Rediff.com28 Nov 2024

So, will the members discuss the possibility of placing India and Pakistan in different groups in the league stage of the tournament to avoid Men in Blue's travel to the neighbouring country?

Man United bank on De Ligt-Mazraoui duo for success

Man United bank on De Ligt-Mazraoui duo for success

Rediff.com16 Aug 2024

The defenders signed contracts on Tuesday from Bayern Munich making United their third team together, and they could both feature in the squad's season opener on Friday against Fulham at Old Trafford.

Infosys Q2 net profit rises 4.7%; lifts FY25 revenue guidance

Infosys Q2 net profit rises 4.7%; lifts FY25 revenue guidance

Rediff.com17 Oct 2024

Infosys Ltd on Thursday reported a 4.7 per cent rise in the September quarter net profit and raised revenue guidance after broadbased growth. Net profit of Rs 6,506 crore in July-September was up 4.7 per cent when compared to Rs 6,212 crore earnings in the same period last year. It was 2.2 per cent higher quarter-on-year, according to a company statement.

Railways suspend Sushil; WFI may not renew contract

Railways suspend Sushil; WFI may not renew contract

Rediff.com25 May 2021

Sushil Kumar is set to be dropped from the Wrestling Federation of India's annual contracts list.

Explained: Changes Ahead of IPL Auction

Explained: Changes Ahead of IPL Auction

Rediff.com30 Sep 2024

The Indian Premier League governing council revealed changes ahead of the IPL mega auction, which is likely to be scheduled for November.

Who will be the next Manchester United manager?

Who will be the next Manchester United manager?

Rediff.com29 Oct 2024

The favourites to replace Erik ten Hag, who was sacked as Manchester United manager on Monday.

Will CNG become costlier in Mumbai, Delhi?

Will CNG become costlier in Mumbai, Delhi?

Rediff.com17 Oct 2024

The government has slashed by up to a fifth the supplies of cheaper gas to city gas entities that retail CNG to automobiles, increasing their dependence in costly imported fuel. Buying costly imported gas to make up for the shortfall should result in a hike in CNG price but given the ensuing assembly elections in Maharashtra, that may be put off for now. Indraprastha Gas Ltd and Mahanagar Gas Ltd in regulatory filings stated that supplies of domestically produced gas, which was available at a capped rate which is half of the imported price, has been cut.

Tsari Yatra May Help Ease India China Tensions

Tsari Yatra May Help Ease India China Tensions

Rediff.com2 Jan 2025

Why can't the Indian government propose to the Chinese a corridor circumambulating the Holy Mountain where people from both sides could perform the yatra again? asks Claude Arpi.

Fresh Youth Hiring Surged In April-May

Fresh Youth Hiring Surged In April-May

Rediff.com22 Jul 2024

'This year overall hiring has seen a slight improvement as compared to the dip seen during the last financial year.'

GST Gamed For Rs 81,875 cr, Finds Report

GST Gamed For Rs 81,875 cr, Finds Report

Rediff.com16 Sep 2024

The highest-ever goods and services tax (GST) evasion has been done by the online money gaming industry.

Govt removes minimum export price on onion

Govt removes minimum export price on onion

Rediff.com13 Sep 2024

The government on Friday scrapped a minimum price threshold that it had set previously for exports of onion as it looked to pass on the benefit of international glut to Indian farmers. The government had previously fixed a $550 per tonne as the minimum export price (MEP), which essentially meant farmers could not sell their produce overseas at lower than this rate.

Bourses eye index derivatives with new stock additions in limbo

Bourses eye index derivatives with new stock additions in limbo

Rediff.com3 May 2024

Stock exchanges are expanding the buffet of index derivatives even as the number of stocks permitted to trade in this space, generating an average daily turnover of Rs 450 trillion, is shrinking. This week, the National Stock Exchange (NSE) started issuing futures and options (F&O) contracts based on the Nifty Next 50 Index, bringing the total count of index derivatives to five.

Did You Know About Tatas' China Link?

Did You Know About Tatas' China Link?

Rediff.com17 Oct 2024

The Tata Group is one of the very few Indian MNCs which has carved out a niche in China's highly competitive market, notes Rup Narayan Das.

AERB Greenlights RAPP Unit 7

AERB Greenlights RAPP Unit 7

Rediff.com13 Sep 2024

AAERB's permission for RAPP-7 paves the way for the subsequent phases of reactor commissioning leading to its commercial electricity generation.