News for 'fuel shortage'

'Go home' chant getting louder as pressure mounts on Gotabaya to quit

'Go home' chant getting louder as pressure mounts on Gotabaya to quit

Rediff.com10 Apr 2022

Eyewitnesses said that a section of the protesters had remained for the all-night vigil.

Industry wants natural gas brought under GST

Industry wants natural gas brought under GST

Rediff.com26 Jan 2022

The government should bring natural gas under the Goods and Services Tax (GST) regime to realise Prime Minister Narendra Modi's vision for a gas-based economy and raising the share of the environment-friendly fuel in India's energy basket, an industry body that represents the likes of Reliance Industries as well as state-owned firms, has said. Natural gas is currently outside the ambit of GST, and existing legacy taxes -- central excise duty, state VAT, central sales tax -- continue to be applicable on the fuel. In its pre-Budget memorandum to the finance ministry, Federation of Indian Petroleum Industry (FIPI), which boasts of members from across the oil and gas spectrum, also demanded rationalisation of GST on transportation of natural gas through pipeline as well as on re-gasification of imported LNG to help bring down cost of the environment friendly fuel.

Passenger vehicle retail sales up 40% in June as chip supply improves

Passenger vehicle retail sales up 40% in June as chip supply improves

Rediff.com5 Jul 2022

Passenger vehicle retail sales in the country rose 40 per cent in June indicating an improvement in semiconductor supplies even as demand, especially for SUVs, remained robust, auto dealer' body FADA said on Tuesday. According to the Federation of Automobile Dealers Associations (FADA), passenger vehicle (PV) registrations rose to 2,60,683 units last month, as compared to 1,85,998 units in June 2021, registering an increase of 40 per cent. "The PV segment continued to see robust growth. An increase in dispatches clearly shows that semiconductor availability is now getting easier," FADA president Vinkesh Gulati said in a statement.

Sri Lankans on edge ahead of President's promised resignation

Sri Lankans on edge ahead of President's promised resignation

Rediff.com12 Jul 2022

Sri Lankans were on the edge on Tuesday as they waited whether embattled Gotabaya Rajapaksa will honour his offer to resign as president, amid signs that key members of the erstwhile powerful ruling family were attempting to flee in the face of massive public anger against them for mishandling the economy that has bankrupt the country.

Lanka's ousted president Rajapaksa lauds Asia Cup champs

Lanka's ousted president Rajapaksa lauds Asia Cup champs

Rediff.com12 Sep 2022

Meanwhile, his successor, President Ranil Wickremesinghe tweeted: "Congratulations to the Sri Lankan cricket team on winning the Asia Cup 2022. Well played Pakistan! The second championship for today," he said, adding that it "goes to show that, with dedication and determination we can overcome challenges as a nation. Onwards and upwards Sri Lanka!"

Sri Lankan protesters camp outside PMO demanding ouster of Rajapaksas

Sri Lankan protesters camp outside PMO demanding ouster of Rajapaksas

Rediff.com26 Apr 2022

Thousands of demonstrators have hit the streets since April 9, as the government ran out of money for vital imports; prices of essential commodities have skyrocketed and there are acute shortages in fuel, medicines and electricity supply.

Why short-term boost is NOT likely for auto stocks

Why short-term boost is NOT likely for auto stocks

Rediff.com19 Jan 2023

Auto Expo 2023 may not trigger a fresh rally in automobile stocks, say analysts, as this year's edition lacks participation from major listed players. It is also owing to the focus on electric vehicles (EVs), a segment where four-wheelers have minuscule market share. "In the passenger vehicles (PV) segment, Maruti Suzuki India and Tata Motors are the only listed players.

Lankan Oppn to move no-trust motion against Gotabaya govt

Lankan Oppn to move no-trust motion against Gotabaya govt

Rediff.com8 Apr 2022

The SJB has begun to collect signatures from MPs for the no-confidence motion, according to media reports.

'We could make mincemeat of the Pakistanis'

'We could make mincemeat of the Pakistanis'

Rediff.com5 Dec 2023

'My adrenalin kicked in and the happiness returned! It was time to go in for the kill again.' IAF Veterans Group Captain Dilip Kumar Dass tells Air Commodore Nitin Sathe about how the IAF decimated tanks in the famous Battle of Longewala.

'Extremely difficult' phase after what China did on border: Jaishankar

'Extremely difficult' phase after what China did on border: Jaishankar

Rediff.com18 Aug 2022

We very much hope that wisdom dawns on the Chinese side, Jaishankar said in Bangkok.

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.

Sri Lanka on the boil as anti-Rajapaksa protests enter 50th day

Sri Lanka on the boil as anti-Rajapaksa protests enter 50th day

Rediff.com28 May 2022

Sri Lankan police on Saturday fired tear gas and water cannons to disperse anti-government protestors here as the ongoing agitation demanding the resignation of President Gotabaya Rajapaksa over the worst economic crisis intensified as it entered its 50th day.

Protesters claim to have found 17.85 mn rupees in Rajapaksa's house

Protesters claim to have found 17.85 mn rupees in Rajapaksa's house

Rediff.com10 Jul 2022

A video is being shared on social media showing the protesters counting the currency notes that were unearthed. The recovered money was said to be handed over to the security units, the Daily Mirror newspaper reported.

With President ready to quit, Lanka army chief urges people for peace

With President ready to quit, Lanka army chief urges people for peace

Rediff.com10 Jul 2022

Thousands of irate anti-government protesters in Sri Lanka on Saturday stormed into embattled President Rajapaksa's official residence in central Colombo's high-security Fort area after breaking the barricades, as they demanded his resignation over the island nation's worst economic crisis in recent memory.

Protestors set fire to Sri Lankan PM's private home

Protestors set fire to Sri Lankan PM's private home

Rediff.com10 Jul 2022

A group of protesters on Saturday entered the private residence of Sri Lankan Prime Minister Ranil Wickremesinghe and set it on fire, hours after he offered to resign to make way for an all-party government amid unprecedented protests in the country for the resignation of the government led by President Gotabaya Rajapaksa.

Lanka crisis: PM Mahinda Rajapaksa proposes to amend Constitution

Lanka crisis: PM Mahinda Rajapaksa proposes to amend Constitution

Rediff.com19 Apr 2022

A statement issued by the Prime Minister's Office on Monday said that Mahinda Rajapaksa intends to propose a new Constitutional Amendment to the cabinet in order to fulfil the people's aspirations.

India staring at power crisis ahead of festive season

India staring at power crisis ahead of festive season

Rediff.com9 Oct 2021

In a year when the country produced record coal, rains hit movement of the fuel from mines to power generation units, impacting power generation in many states, including Gujarat, Punjab, Rajasthan, Delhi and Tamil Nadu.

Now, private power firms may shock banks

Now, private power firms may shock banks

Rediff.com16 Aug 2013

Rs 50,000-cr loans for 15,000-Mw projects could be heading for restructuring.

Health care: Budget cutback to fuel pvt expansion

Health care: Budget cutback to fuel pvt expansion

Rediff.com4 Mar 2010

The government has cut the budgets of some major central government funded public hospitals, indicating there could be more private sector expansion in health care.

RBI cuts inflation projection to 5.3% for FY'22

RBI cuts inflation projection to 5.3% for FY'22

Rediff.com8 Oct 2021

The Consumer Price Index (CPI)-based inflation is now projected to be at 5.3 per cent for 2021-22 with risks evenly balanced. In its August policy, the central bank had estimated inflation to be at 5.7 per cent due to supply side constraints, high crude oil and raw materials cost.

Rajapaksa staying in Bangkok hotel under tight security: Report

Rajapaksa staying in Bangkok hotel under tight security: Report

Rediff.com12 Aug 2022

Rajapaksa arrived in Thailand with three other people on a chartered flight from Singapore at Wing 6 of the military airport adjacent to Don Mueang International Airport around 8 pm local time on Thursday.

Why Price Rise Is Not Important For Indians

Why Price Rise Is Not Important For Indians

Rediff.com8 Apr 2022

Today beef, tomorrow namaz, the third day Sunday mass the fourth day hijab, the fifth day halal, the sixth day love jihad will always be the issues on hand, asserts Aakar Patel.

Gotabaya lands in Thailand after Singapore visa expires

Gotabaya lands in Thailand after Singapore visa expires

Rediff.com11 Aug 2022

Sri Lanka's ousted president Gotabaya Rajapaksa left Singapore for Thailand after his short-term visit pass expired on Thursday, according to a media report.

Lanka protesters surround PM Mahinda's residence

Lanka protesters surround PM Mahinda's residence

Rediff.com24 Apr 2022

Thousands of Inter University Students' Federation (IUSF) students were seen sloganeering outside the Prime Minister's Residence in Wijerama Mawatha.

For automakers, this festive season was the worst in a decade

For automakers, this festive season was the worst in a decade

Rediff.com18 Nov 2021

Automobile retail sales in the country fell 18 per cent year-on-year in the 42-day long festive period this year as semiconductor shortage impacted production across companies affecting their ability to supply adequate numbers to dealer partners, FADA said on Thursday. During the period under review, barring three-wheeler and commercial vehicles, all other segments including passenger vehicles, two-wheelers and tractors were down as compared with the same period of last year. As per data collated by the Federation of Automobile Dealers Associations (FADA), total retail sales across segments stood at 20,90,893 units this festive period, down 18 per cent from 25,56,335 units in 2020.

India better placed to face global challenges and uncertainties: CEA

India better placed to face global challenges and uncertainties: CEA

Rediff.com18 May 2022

India, he said, has already taken a host of reforms in banking and other sectors and is now focussing on stepping up public investment. "Compared to other nations, even among advanced countries, I think India is relatively better placed for the simple reason that India paid a certain price last decade... we had a banking system stress which was then compounded by stress in the non-banking financial sector towards 2018," he said at Amazon Smbhav Summit.

Sri Lanka declares emergency amidst protests over economic crisis

Sri Lanka declares emergency amidst protests over economic crisis

Rediff.com2 Apr 2022

Sri Lanka has also imposed a police curfew in Western Province for six hours.

Violent stir near Prez house an act of terrorism, says Lankan govt

Violent stir near Prez house an act of terrorism, says Lankan govt

Rediff.com1 Apr 2022

A statement issued by the presidential media division on Friday said an extremist group was behind the unrest near President Rajapaksa's residence in Mirihana.

RBI should cut policy rate by 1% this fiscal: CII

RBI should cut policy rate by 1% this fiscal: CII

Rediff.com5 Jul 2013

Will help in reviving the economy and push investment.

The fuel-efficient Maruti Swift DZire is a great choice for car buyers

The fuel-efficient Maruti Swift DZire is a great choice for car buyers

Rediff.com24 Dec 2015

The Maruti Suzuki Swift DZire is at times the top selling car in India, outselling even the company's entry-level Alto hatchback. MotorBeam finds out what makes this compact sedan a favourite of Indian buyers by living with the vehicle.

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.

Govt pushes states, gencos to import coal before monsoon

Govt pushes states, gencos to import coal before monsoon

Rediff.com20 May 2022

The Union ministry of coal, while acknowledging that domestic coal stock is not enough to meet the power demand, asked state governments and the power generating companies (gencos) to import coal before monsoon season sets in. The ministry has warned the gencos if they do not import coal for 10 per cent blending in their fuel demand by the end of this month, blending benchmark would be increased to 15 per cent. The order pertains to all - central, state and independent power producers (IPPs)/privately owned units.

Foreign fighters in Syria have moved to other places: India at UNSC

Foreign fighters in Syria have moved to other places: India at UNSC

Rediff.com21 Jan 2021

India has expressed concern that foreign fighters involved in the conflict in Syria have moved to other places as mercenaries, as New Delhi underlined that it is ready to play a constructive role in the Security Council to help realise the objective of the West Asian country reclaiming its place in the comity of nations.

49 years after its greatest triumph, navy starved of funds

49 years after its greatest triumph, navy starved of funds

Rediff.com5 Dec 2020

The navy finds itself fighting for relevance, with navy planners lamenting that its share of the budget has dropped dramatically.

Lankan Parl defeats no-trust motion against Gotabaya

Lankan Parl defeats no-trust motion against Gotabaya

Rediff.com17 May 2022

Only 68 MPs voted in favour of the motion, it said, giving the 72-year-old President a comfortable victory.

India denies reports of sending troops to Sri Lanka

India denies reports of sending troops to Sri Lanka

Rediff.com11 May 2022

'The High Commission would like to categorically deny speculative reports in sections of media and social media about #India sending her troops to Sri Lanka. These reports and such views are also not in keeping with the position of the Government of #India,' the Indian mission said on Twitter.

Gotabaya quits, new Lanka Prez within 7 days: Speaker

Gotabaya quits, new Lanka Prez within 7 days: Speaker

Rediff.com15 Jul 2022

The 73-year-old leader on Thursday emailed his resignation letter to the Speaker soon after he was allowed by Singapore to enter the city-state on a "private visit".

Protesters clash inside Sri Lankan PM's residence, 10 hurt

Protesters clash inside Sri Lankan PM's residence, 10 hurt

Rediff.com12 Jul 2022

At least 10 persons were admitted to the National Hospital after the confrontation between protesters who have currently been staying inside the prime minister's official residence, the Colombo Post news portal reported.

Russians Target Ukraine's Granaries

Russians Target Ukraine's Granaries

Rediff.com8 May 2022

Ukraine government officials have accused Russian forces of destroying grain storage facilities in the country. Nearly 25 million tonnes of grains are stuck in Ukrainian warehouses and unable to move out due to Vladimir Putin's War.

Rajapaksa to resign on July 13, announces Lankan parliament speaker

Rajapaksa to resign on July 13, announces Lankan parliament speaker

Rediff.com10 Jul 2022

Sri Lanka's embattled President Gotabaya Rajapaksa would resign on Wednesday, Parliament Speaker Mahinda Yapa Abeywardena announced late on Saturday night, hours after thousands of protesters stormed the former's official residence, blaming his government for an unprecedented economic crisis that has brought the country to its knees.