News for 'fuel security'

Protesters storm Lanka president's home, swim in Rajapaksa's pool

Protesters storm Lanka president's home, swim in Rajapaksa's pool

Rediff.com9 Jul 2022

The President had been moved out of his residence on Friday, in anticipation of Saturday's protests.

Will Jet Manage To Fly This Year?

Will Jet Manage To Fly This Year?

Rediff.com22 Apr 2022

If that happens, Jet Airways will be the first bankrupt airline which will be revived under the Insolvency process.

Akash for sale to wary of China nations

Akash for sale to wary of China nations

Rediff.com31 Dec 2020

India is pursuing sales to South East Asian countries that are wary of Chinese aggression, including Vietnam and the Philippines.

India bans wheat exports to control rising domestic prices

India bans wheat exports to control rising domestic prices

Rediff.com14 May 2022

India has banned wheat exports with immediate effect as part of measures to control rising domestic prices, according to official notification. However, the export shipments for which irrevocable letters of credit (LoC) have been issued on or before the date of this notification will be allowed, the Directorate General of Foreign Trade (DGFT) said in a notification dated May 13. "The export policy of wheat ... is prohibited with immediate effect...," the DGFT said. It also clarified that wheat exports will be allowed on the basis of permission granted by the Government of India to other countries to meet their food security needs and based on the request of their governments.

Lanka's main Opposition SJB 'ready' to lead new govt

Lanka's main Opposition SJB 'ready' to lead new govt

Rediff.com11 Jul 2022

Sri Lanka's main opposition party Samagi Jana Balavegaya (SJB) on Monday said it is ready to lead the next government to bring stability to the bankrupt island nation as it grapples with political and economic crises and any resistance to the move in Parliament will be seen as a 'treacherous act'.

How Modi govt plans to ensure 24x7 power supply

How Modi govt plans to ensure 24x7 power supply

Rediff.com20 Dec 2021

A greater payment security mechanism for power generation companies to ensure timely payouts for supply of electricity will be in focus in 2022 as stricter rules are on the anvil for 24x7 power supply amid discoms' outstanding dues at a whopping Rs 1.56 lakh crore. Mounting outstanding dues of distribution companies (discoms) to electricity generation companies (gencos) have been a perennial issue affecting the entire value chain in the power sector and are also a hindrance for the ambitious goal of 24x7 power supply across the country even when the payment for coal is made in advance. The situation persists despite the fact that discoms' dues become overdue after 45 days of generating bills and they also have to pay penal interest on the overdue amount in most of the cases to gencos.

Vagsheer, the last of 6 submarines under Project 75, launched

Vagsheer, the last of 6 submarines under Project 75, launched

Rediff.com20 Apr 2022

The Mazagon Dock Shipbuilders in Mumbai on Wednesday launched INS Vagsheer, the last of the six submarines under Project 75.

Time to confront forces of hatred and prejudice, Sonia tells CPP

Time to confront forces of hatred and prejudice, Sonia tells CPP

Rediff.com5 Apr 2022

Sonia hit out at the BJP, saying the ruling party's "divisive agenda" has become a regular feature of political discourse in all states and that history is being "mischievously distorted" to add fuel to its agenda.

Indonesia to lift palm oil export ban, likely giving India 'big relief'

Indonesia to lift palm oil export ban, likely giving India 'big relief'

Rediff.com20 May 2022

Indonesia, the world's biggest supplier of palm oil, said on Thursday it will lift a ban on exports from Monday, likely helping India and other importers. India annually imports around 13-13.5 million tonne of edible oils, of which around 8-8.5 million tonnes (around 63 per cent) is palm oil. Of this, 8-8.5 million tonnes of palm oil, 45-50 per cent comes from Indonesia and the rest from neighboring Malaysia.

Bulls are back in action; Sensex surges 514 points

Bulls are back in action; Sensex surges 514 points

Rediff.com2 Sep 2021

TCS was the top gainer in the Sensex pack, rising over 3 per cent, followed by HUL, UltraTech Cement, Nestle India, Kotak Bank, Dr Reddy's and Titan. NSE Nifty surged 157.90 points to 17,234.15.

Hate speech: Parl panel on IT to call FB whistleblowers to depose before it

Hate speech: Parl panel on IT to call FB whistleblowers to depose before it

Rediff.com30 Nov 2021

Some members of a parliamentary panel looking into the issue of hate speech on Facebook on Monday expressed the view that whistle-blowers Sophie Zhang and Frances Haugen, who have flagged bias and lack of proper regulation on the social media platform, be called to depose before it, sources said.

Snapdeal to help sellers secure working capital

Snapdeal to help sellers secure working capital

Rediff.com19 Aug 2014

Homegrown e-Commerce major Snapdeal on Tuesday launched a new initiative to help sellers on its platform get easy access to working capital to help them expand their business further.

'Putin will not use the N-bomb'

'Putin will not use the N-bomb'

Rediff.com18 Aug 2022

'If he were to drop even one nuclear weapon on Europe, it would start a nuclear war that would destroy everybody.'

BPCL may sell IGL, Petronet pie to shed promoter status

BPCL may sell IGL, Petronet pie to shed promoter status

Rediff.com25 May 2021

Privatisation-bound Bharat Petroleum Corporation (BPCL) may sell a part of its stake in Petronet LNG and Indraprastha Gas (IGL) to shed its promoter status to obviate the need for its new owner to make open offers for the two gas companies, sources said. BPCL holds 12.5 per cent of shareholding in India's largest liquefied natural gas importer, Petronet, and a 22.5 per cent stake in city gas retailer, IGL. It is a promoter of both the listed companies and holds board positions. As per the legal position evaluated by Department of Investment and Public Asset Management (DIPAM) - the department running the process for sale of government's entire 52.98 per cent stake in BPCL - the acquirer of BPCL will have to make an open offer to the minority shareholders of Petronet and IGL for acquisition of 26 per cent shares, three sources with knowledge of the matter said.

India abstains on resolution calling for Russia to pay reparations

India abstains on resolution calling for Russia to pay reparations

Rediff.com15 Nov 2022

India abstained in the United Nations General Assembly on a draft resolution calling for Russia to be held accountable for violations of international law by its invasion of Ukraine and requiring Moscow to pay reparations to Kyiv for damages, loss and injury resulting from the war.

China, Russia, Iran and terrorism big 4 threats, says UK spy chief

China, Russia, Iran and terrorism big 4 threats, says UK spy chief

Rediff.com30 Nov 2021

China, Russia, Iran and international terrorism form the 'big four' set of security threats in an era of dramatic change, Britain's chief spy said in a rare public speech on Tuesday.

Ola, Uber score 0 in gig worker rankings

Ola, Uber score 0 in gig worker rankings

Rediff.com5 Jan 2022

Fairwork focuses on five principles of fair gig work: Fair pay, fair conditions, fair contracts, fair management, and fair representation.

'We want to buy a new car; Budget: Rs 6-7 lakh'

'We want to buy a new car; Budget: Rs 6-7 lakh'

Rediff.com22 Jul 2022

Auto experts from CarJasoos will answer all your questions related to buying, selling or maintenance of new or used cars.

50% voting in MCD polls; AAP, BJP claim victory

50% voting in MCD polls; AAP, BJP claim victory

Rediff.com4 Dec 2022

No major glitches in electronic voting machines were reported and the voting passed off peacefully with high security observed at the 3,360 critical booths in 493 locations where more than 25,000 police personnel, nearly 13,000 home guards and 100 companies of paramilitary forces were deployed, officials said.

Full text: President's address to the nation on the eve of Republic Day 2023

Full text: President's address to the nation on the eve of Republic Day 2023

Rediff.com25 Jan 2023

Here's the full text of address to the nation by President Droupadi Murmu on the eve of the Republic Day 2023.

How NITI Aayog got 5 cities to agree to new purchase model of e-buses

How NITI Aayog got 5 cities to agree to new purchase model of e-buses

Rediff.com26 May 2022

Five cities -- Delhi, Bengaluru, Kolkata, Hyderabad and Surat -- ceded their power of procurement and agreed to a different procurement model to operate state-run buses.

COP27 Does Little On Climate Change

COP27 Does Little On Climate Change

Rediff.com26 Nov 2022

The overwhelming feeling at the end of COP 27 was that despite decades of meetings and landmark accords, like the Paris Agreement, the world was still not doing enough to slow the climate crisis, observes Ambassador T P Sreenivasan.

Tata Motors drives in Tiago EV at starting price of Rs 8.49 lakh

Tata Motors drives in Tiago EV at starting price of Rs 8.49 lakh

Rediff.com28 Sep 2022

Tata Motors on Wednesday launched its Tiago EV with introductory prices for first 10,000 customers ranging between Rs 8.49-11.79 lakh

India slips 2 spot to 132 in UN Human Development Index

India slips 2 spot to 132 in UN Human Development Index

Rediff.com8 Sep 2022

Human Development -- a measure of a nation's health, education, and average income -- has declined for two years in a row.

Biden announces ban on Russian oil and gas imports

Biden announces ban on Russian oil and gas imports

Rediff.com8 Mar 2022

The President said he made the decision in consultation with European allies but added they may not be in a position to join the US in banning Russian energy imports.

Protests intensify in Lanka despite nationwide curfew; over 600 held

Protests intensify in Lanka despite nationwide curfew; over 600 held

Rediff.com3 Apr 2022

The government's poor handling of the economic crisis where people currently endure long hours of power outages and scarcity of essentials has angered the public which planned country-wide protests on Sunday.

Diesel at 100!!!

Diesel at 100!!!

Rediff.com22 Mar 2021

'The question often being asked is whether the demand for petrol and diesel is price inelastic?' asks Arun Balakrishnan, former chairman and managing director, Hindustan Petroleum.

India slips to 131 in UN's human development index

India slips to 131 in UN's human development index

Rediff.com16 Dec 2020

Life expectancy of Indians at birth in 2019 was 69.7 years while Bangladesh has a life expectancy of 72.6 years and Pakistan 67.3 years, the 2020 Human Development Report said.

Retail boom fuels parking insurance biz

Retail boom fuels parking insurance biz

Rediff.com13 Jul 2007

An increasing number of contractors managing parking lots at malls, multiplexes and five-star hotels are buying parking insurance covers

Smaller cars ceding ground to bigger, pricey models

Smaller cars ceding ground to bigger, pricey models

Rediff.com21 Mar 2022

Size matters on the road. Small is not dominating India's car market any more. The share of cars priced up to Rs 5 lakh in the passenger vehicle market has fallen to 10.5 per cent in the first 11 months of 2021-22, compared with 26 per cent in 2018-19 (FY19), the lowest in four years, according to data from industry sources. Even the share of those in the price range between Rs 5 lakh and Rs 7.5 lakh has dropped to 32.4 per cent in the same period, from 34.9 per cent.

UAE urges India to revise air services pact

UAE urges India to revise air services pact

Rediff.com25 Jun 2019

Emirates and Etihad Airways have over the past year continued to lobby India to allow them more flight slots, which won't be possible until the 2007 pact is revised.

India's Submarine Dilemma

India's Submarine Dilemma

Rediff.com7 Oct 2021

Hydrography (underwater geography) prevents the Indian Navy for opting for an all-conventional, or all-nuclear submarine fleet.

Can Bhagwant Mann stop Punjab from going the Sri Lanka way?

Can Bhagwant Mann stop Punjab from going the Sri Lanka way?

Rediff.com20 Jul 2022

Mann stares at a twin-headed monster: Resuscitating the state's debilitated public-sector enterprises and controlling the spiralling debt to keep the state machinery and his poll-fuelled populist schemes running.

Mukesh Ambani's succession plan - retail to Isha, energy to Anant

Mukesh Ambani's succession plan - retail to Isha, energy to Anant

Rediff.com29 Aug 2022

Billionaire Mukesh Ambani on Monday laid bare the succession plan at India's most valuable company, identifying twins children Akash and Isha for telecom and retail leadership, and youngest son Anant for new energy unit. He, however, insisted he isn't retiring yet and will "continue to provide hands-on leadership as before". At the annual shareholders' meeting of Reliance Industries Ltd, he said the robust architecture that he has announced will ensure the firm remains "a unit, well-integrated and secure institution even as it develops existing businesses and adds new growth engines."

Emergency declared in Sri Lanka as President Gotabaya flees to Maldives

Emergency declared in Sri Lanka as President Gotabaya flees to Maldives

Rediff.com13 Jul 2022

Sri Lanka declared a state of emergency on Wednesday as angry protesters stormed the prime minister's office in Colombo, hours after president Gotabaya Rajapksa fled to the Maldives on a military jet, amid the country's worst economic crisis in decades.

Essar to sell port infra to ArcelorMittal for Rs 19,000 cr

Essar to sell port infra to ArcelorMittal for Rs 19,000 cr

Rediff.com26 Aug 2022

Essar group on Friday announced the signing of a USD 2.4 billion (Rs 19,000 crore) deal to sell certain ports and power infrastructure to ArcelorMittal Nippon Steel in one of the largest post-pandemic merger and acquisition deals in India. In a statement, the Ruia-run firm said the deal also envisages a 50-50 joint venture between Essar and ArcelorMittal for building a 4 million tonnes a year LNG import terminal at Hazira in Gujarat. Without giving details, it only identified certain ports and power infrastructure that are primarily captive to operations of the Hazira steel plant, which was acquired by ArcelorMittal Nippon Steel (AM/NS) in 2018-19, as part of the deal.

Jaishankar takes a dig at US media for 'biased' India coverage

Jaishankar takes a dig at US media for 'biased' India coverage

Rediff.com26 Sep 2022

External Affairs Minister S Jaishankar has slammed the mainstream American media, including The Washington Post, for their 'biased' coverage of India.

Why we must support the Food Security Bill

Why we must support the Food Security Bill

Rediff.com6 Sep 2013

Only three percent of Indians pay income tax; our tax-GDP ratio is among the lowest in the world. This must change. Our elites must realise that India's poverty has damaging consequences for them, and that they can help decrease it. The food security bill, with all its limitations, will hopefully contribute to generating such awareness, says Praful Bidwai.

Reliance buys British battery firm for 100 mn

Reliance buys British battery firm for 100 mn

Rediff.com31 Dec 2021

Billionaire Mukesh Ambani's Reliance Industries Ltd on Friday announced the buyout of British battery maker Faradion Ltd for an enterprise value of 100 million, as the oil-to-retail conglomerate continued with the acquisition of end-to-end technology for its multi-billion-dollar clean energy portfolio. Reliance New Energy Solar Ltd (RNESL), a unit of the nation's most valuable company, signed definitive agreements to acquire 100 per cent shareholding in Faradion for an enterprise value of 100 million and will invest an additional 25 million as growth capital to accelerate the commercial roll-out, the company said in a statement. Based out of Sheffield and Oxford in the UK and with its patented sodium-ion battery technology, Faradion is one of the leading global battery technology companies.

Sri Lanka's cabinet resigns en masse as crisis deepens

Sri Lanka's cabinet resigns en masse as crisis deepens

Rediff.com4 Apr 2022

Ppolitical experts in Colombo said the ministers came under intense pressure from the public over the government's alleged "mishandling" of the economic crisis, triggered by the shortage in the foreign exchange reserve.