News for 'energy supply'

'I've Not Backstabbed Anybody'

'I've Not Backstabbed Anybody'

Rediff.com18 Nov 2024

'They are attacking my wife; they are attacking our 13-month-old daughter. They are saying that I do drugs.' 'I'm giving an open challenge to Mr Nawab Malik and Ms Sana Malik let's go to the labs and let's do the medical test of our family and your family.'

Modi at G20: Return to path of ceasefire, diplomacy in Ukraine

Modi at G20: Return to path of ceasefire, diplomacy in Ukraine

Rediff.com15 Nov 2022

Prime Minister Narendra Modi on Tuesday underlined the need for not promoting any restrictions on the supply of energy and called for ensuring stability while once again emphasising on resolving the Ukraine conflict through diplomacy.

Zelenskyy explains war situation, Modi says India willing to help

Zelenskyy explains war situation, Modi says India willing to help

Rediff.com24 Aug 2024

Ukraine and Russia need to engage with each other to find a solution to the ongoing conflict between them, India said on Friday after Prime Minister Narendra Modi held wide-ranging talks with President Volodymyr Zelenskyy in Kyiv under the shadow of the raging war.

Foreign Brands Are Eyeing India Again

Foreign Brands Are Eyeing India Again

Rediff.com28 Sep 2024

Whether it's Carrefour, Ford, or other foreign majors, they are ready to adjust their strategies and design their plans in a way that would address the Indian consumption story.

Tata Motors to supply 10,000 XPRES-T EVs

Tata Motors to supply 10,000 XPRES-T EVs

Rediff.com6 Jun 2022

Tata Motors on Monday said it has bagged an order for supply of 10,000 XPRES-T EV units from BluSmart Electric Mobility. The deployment of 10,000 units makes this the biggest ever EV fleet order in India, the auto major said in a statement. With deliveries starting soon, these vehicles are an addition to the 3,500 XPRES-T EV order, which was signed by both the companies in October last year, and will be used across the country for commuters, in turn helping minimise the carbon footprint.

Putin's Drones Hit Power Supply In Kyiv

Putin's Drones Hit Power Supply In Kyiv

Rediff.com21 Dec 2022

Russia unleashed 35 kamikaze drones on Ukraine as many people slept, hitting critical infrastructure in and around Kyiv.

RBI admits, food inflation is a concern

RBI admits, food inflation is a concern

Rediff.com18 Jul 2024

An article on 'State of the Economy' in the monthly Bulletin also said the improvement in the outlook for agriculture and the revival of rural spending have turned out to be the bright spots in the evolution of demand conditions. Consumer price inflation ticked up in June 2024 after three consecutive months of moderation as a broad flare-up in vegetable prices halted the overall disinflation that had been underway, it said.

Despite wars in Europe and West Asia, oil shock fears yet to materialise

Despite wars in Europe and West Asia, oil shock fears yet to materialise

Rediff.com7 May 2024

The oil industry experienced three upheavals between 1973 and 1991, which seem to be etched in the memory of the industry's decision makers. Naturally, at the sign of a new crisis, the decision makers like to dip into those tumultuous decades to find ways to deal with the new shock, in addition, of course, to expert reports and forecasts. So, the industry bigwigs turned the pages of history to get a peek into the future of oil price movements after Russia invaded Ukraine in 2022, Israel attacked Gaza in 2023, Iran-linked Houthi rebels pounded tankers crossing the Red Sea in support of Palestine the same year, and Iran rained missiles on Israel in 2024.

Fitch slashes FY23 India growth forecast to 8.5%

Fitch slashes FY23 India growth forecast to 8.5%

Rediff.com22 Mar 2022

Rating agency Fitch on Tuesday slashed India's growth forecast for the next fiscal to 8.5 per cent from 10.3 per cent, citing sharply high energy prices on account of the Russia-Ukraine war. With the Omicron wave subsiding quickly, containment measures have been scaled back, setting the stage for a pick-up in GDP growth momentum in the June quarter this year, the agency said. It has revised upwards the GDP growth forecast for the current fiscal by 0.6 percentage points to 8.7 per cent.

Future Gaming tops electoral bonds list with Rs 1368 cr; who are the others?

Future Gaming tops electoral bonds list with Rs 1368 cr; who are the others?

Rediff.com14 Mar 2024

These are the top buyers of the scrapped electoral bonds, the data for which was released by the Election Commission on Thursday.

Solar scheme: 1 cr families to save Rs 18K cr a year, says FM

Solar scheme: 1 cr families to save Rs 18K cr a year, says FM

Rediff.com1 Feb 2024

Finance Minister Nirmala Sitharaman on Thursday said Pradhanmantri Suryodaya Yojana will enable one crore families to get up to 300 units of free electricity monthly and help them save up to Rs 18,000 annually. "There is provision of Rs 10,000 crore for rooftop solar (scheme) in the Budget," said finance secretary T V Somanathan in press conference on Budget later in the day. Earlier in the day Sitharaman in her interim Budget speech said through rooftop solarisation, one crore households will be enabled to obtain up to 300 units of free electricity each month.

India's growth journey will shape world's future: Chandrasekaran

India's growth journey will shape world's future: Chandrasekaran

Rediff.com25 Aug 2023

India is well positioned to lead the global transitions of digital and artificial intelligence, energy, value supply chains, and the country's growth journey will shape the world's future, B20 India chair N Chandrasekaran said on Friday. In his address to the B20 Summit India 2023, Chandrasekaran, who is also the chairman of Tata Sons, asserted that India stands as a beacon of growth and positively stands out in the global economy, which is facing strong headwinds, tightest rate cycle in decades and record levels of public debt. "The world is currently navigating through three important fundamental transitions.

An energy superpower? Not India!

An energy superpower? Not India!

Rediff.com8 Aug 2017

Arunabha Ghosh on why India will increasingly become an energy great power, but not an energy hegemon.

In home and office, India's real estate market is charting a course for growth

In home and office, India's real estate market is charting a course for growth

Rediff.com8 Jun 2024

India's real estate market is poised for growth across categories - residential, commercial, and rental. Currently valued at Rs 24 trillion, or about $300 billion, it is projected to surge to $1.3 trillion by 2034, and then grow further to $5.17 trillion by 2047, indicates a report by the Confederation of Real Estate Developers Associations of India (Credai).

Infra Key Talking Point For BJP In 2024

Infra Key Talking Point For BJP In 2024

Rediff.com2 Apr 2024

Key infrastructure sectors -- from railways to power, and from coal to petroleum -- will not only be part of the achievements but promises too, as the BJP fights to get a third term at the Centre.

How India Won Back Maldives's Trust

How India Won Back Maldives's Trust

Rediff.com12 Sep 2024

The avoidable stresses and strains in ties helped in one way. It showed for the entire region how a matured India handled diplomatic relations, especially with a smaller and suspicious neighbour, with practised dignity and patience, unruffled by provocations in word, deed and action, observes N Sathiya Moorthy.

India's Nuclear Churning: From Idealism To Realism

India's Nuclear Churning: From Idealism To Realism

Rediff.com11 May 2024

Although the credit for acquiring the technological skill must be given to India's outstanding nuclear scientists, the decision to go nuclear was a political one that entailed clarity of vision, courage and resolve, points out Rup Narayan Das.

Are Russia, Ukraine On Brink Of Nuclear Conflict?

Are Russia, Ukraine On Brink Of Nuclear Conflict?

Rediff.com2 Sep 2024

With the fight now having been taken to the seizure of nuclear plants, it is one more warning to Europe that this prolonged war could end up with disastrous consequences, observes Rashme Sehgal

'Nuclear Has To Get Into Achche Din'

'Nuclear Has To Get Into Achche Din'

Rediff.com20 May 2024

'Chinese are going bang, bang, bang building 30-35 reactors.' 'We should announce a programme of 50 new reactors and show that we mean business on the ground and not just announcements.'

JSW MG To Launch 5 New Cars

JSW MG To Launch 5 New Cars

Rediff.com18 Jul 2024

'Two would be premium products and three would be mainstream products.'

Call Me Bae Review: Ananya Is Quite A Riot!

Call Me Bae Review: Ananya Is Quite A Riot!

Rediff.com6 Sep 2024

Call Me Bae is a spirited new addition in guilty pleasures for the fashion-loving, rom-com starved soul, applauds Sukanya Verma.

Force for good, says Modi on Quad

Force for good, says Modi on Quad

Rediff.com24 May 2022

Modi said Quad is moving ahead with a constructive agenda for the Indo-Pacific

PM pitches for N-power, says require energy to sustain growth

PM pitches for N-power, says require energy to sustain growth

Rediff.com13 Jan 2014

Pitching for greater use of "clean" and "dependable" nuclear power, Prime Minister Manmohan Singh on Monday made it clear that India will need large amount of energy to maintain the tempo of growth which averaged 7.9 per cent during the last 10 years despite two bouts of global recession.

The major decisions taken by the GST Council

The major decisions taken by the GST Council

Rediff.com22 Jun 2024

In order to reduce government litigations, the Union Finance Minister Nirmala Sitharaman on Saturday said the GST Council has fixed a monetary limit for filing appeals by the tax department before the various appellate authorities. It has recommended a monetary limit of Rs 20 lakh for GST Appellate Tribunal, Rs 1 crore for the High Court and Rs 2 crore for the Supreme Court for filing of appeals by the department before these legal forums, she said after the 53rd GST Council meeting held in New Delhi.

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.

Why India Is Buying 5 Argentine Lithium Mines

Why India Is Buying 5 Argentine Lithium Mines

Rediff.com2 Jan 2024

The Centre will invest around Rs 200 crore over five years for the exploration and development of these mines.

Rooftop solar charges up electric vehicle boom in India's smaller cities

Rooftop solar charges up electric vehicle boom in India's smaller cities

Rediff.com12 Feb 2024

The push given to rooftop solar installation in the Interim Budget ties in with its high rate of adoption in Tier-II and -III cities of India. If original equipment manufacturers (OEMs) in the automobile industry, government, and the solar sector are to be believed, in cities of Rajasthan, Gujarat, and Kerala, 45-50 per cent of electric-vehicle (EV) users are employing rooftop power to charge their vehicles. This is compared to the national average of 25 per cent, say industry sources.

'I Hope We Don't Get A Bubble Too Soon'

'I Hope We Don't Get A Bubble Too Soon'

Rediff.com21 Jun 2024

'China is struggling to get out of its property bubble.' 'Japan took 35 years to walk out of its equity bubble.' 'Bubbles can be difficult to forecast.'

'China slows, India grows': S&P pegs 7% GDP growth for India by 2026

'China slows, India grows': S&P pegs 7% GDP growth for India by 2026

Rediff.com28 Nov 2023

India's GDP growth rate will rise to 7 per cent by 2026 compared to 4.6 per cent for China, S&P Global Ratings said on Tuesday. In a report titled 'China Slows India Grows', S&P said it expects Asia-Pacific's growth engine to shift from China to South and Southeast Asia. "We project China's GDP growth to slow to 4.6 per cent in 2024 (2023: 5.4 per cent), edge up to 4.8 per cent in 2025, and return to 4.6 per cent in 2026.

India to lease out space in strategic oil storage

India to lease out space in strategic oil storage

Rediff.com6 Feb 2024

After dropping a Rs 5,000 crore plan to fill parts of strategic oil storages, the government will lease out space in the underground rock caverns to domestic and international firms to store oil, a top executive said on Tuesday. India Strategic Petroleum Reserve Ltd has built underground storages at Visakhapatnam in Andhra Pradesh and Mangalore and Padur in Karnataka to store 5.33 million tonnes of oil that can be used in any emergency situation like supply disruption or war. UAE's Abu Dhabi National Oil Company (Adnoc) has already hired half of the 2.5 million tonnes storage capacity at Padur and 1.5 million tonnes facility at Mangalore.

Recharge Zones To Cool Clothing: Indian Companies' Summer Strategies

Recharge Zones To Cool Clothing: Indian Companies' Summer Strategies

Rediff.com23 May 2024

Several firms are stepping up to help their workforce cope with soaring temperatures

Lack of valuation comfort may enhance gains in capital goods sector

Lack of valuation comfort may enhance gains in capital goods sector

Rediff.com12 Dec 2023

Existing optimism about the capital goods sector has been enhanced by the Assembly election results, which were favourable for the BJP. The prospects of political continuity led to renewed interest in the sector. There are demand-supply gaps, especially in power, and visibility of improved pricing and strong order flows, including from private enterprises.

Chandra highlights Tata's 4-pronged strategy for growth

Chandra highlights Tata's 4-pronged strategy for growth

Rediff.com27 Dec 2021

Digital, new energy, supply chain resilience and health will be the themes of the over $100-billion Tata group's strategy going forward, according to its chairman N Chandrasekaran even as he asserted that all ambitions are contingent on learning to live with the coronavirus. In his New Year address to the over 8 lakh employees of salt-to-software conglomerate, Chandrasekaran said businesses and society must adapt to the virus by preparing as "best we can for new outbreaks and variants. We are seeing this now with the spread of Omicron". Reflecting on the year gone by, he said the group is becoming "simpler and financially stronger than we have been in a long time".

US Targets India's Russian Oil Source

US Targets India's Russian Oil Source

Rediff.com28 Feb 2024

Urals and Sokol accounted for every 4 out of 5 barrels of Russian supplies to India last year.

PIX: Lille end Real Madrid's unbeaten run; Villa shock Bayern

PIX: Lille end Real Madrid's unbeaten run; Villa shock Bayern

Rediff.com3 Oct 2024

A first-half penalty earned Lille a shock 1-0 home victory over holders Real Madrid in the Champions League group phase on Wednesday.

India's Big Guns Firing On Capex Front

India's Big Guns Firing On Capex Front

Rediff.com13 Feb 2024

'Interim Budget has ignited the entrepreneurial spirit.'

Putin warns of more after deadly missile strikes on Kyiv

Putin warns of more after deadly missile strikes on Kyiv

Rediff.com10 Oct 2022

In a television appearance Monday, Putin said Russia had struck military and infrastructure targets across Ukraine following the Crimea bridge blast.

Brokerages raise targets on RIL stock post Q4

Brokerages raise targets on RIL stock post Q4

Rediff.com1 May 2024

Shares of Mukesh Ambani-owned Reliance Industries Limited (RIL) rose nearly 1 per cent on Tuesday, hitting an intraday high of Rs 2,986.05 per share, after most brokerages reacted positively to the company's March quarter (Q4FY24) results. The bullish outlook stems from Reliance Jio's potential tariff hikes, given the competitive landscape, along with slow but steady improvement in the oil-to-chemical (O2C) vertical.

Kin of terrorists line up at polling booths in Kashmir

Kin of terrorists line up at polling booths in Kashmir

Rediff.com25 May 2024

In a remarkable display of resilience and commitment to democracy, the residents of villages that had long been deprived of polling due to terrorist threats and separatist-sponsored boycott calls turned out in large numbers to cast ballots in the sixth phase of Lok Sabha polls on Saturday.

Higher cash flows and moderate valuations to support Coal India stock

Higher cash flows and moderate valuations to support Coal India stock

Rediff.com12 Apr 2024

Coal India (CIL) produced 89 million tonnes (MT) in March-24, up 6 per cent year on year (Y-o-Y) and offtake was 69 MT, up 7 per cent Y-o-Y. FY24 production was 774 MT, up 10 per cent Y-o-Y. Offtake was 754 MT, up 9 per cent Y-o-Y. CIL targets production of 838 MT in FY25, up 8 per cent Y-o-Y over FY24.