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Russia keen to sell MiG-35 to India, says top official

Russia keen to sell MiG-35 to India, says top official

Rediff.com23 Jul 2017

The MiG-35 is Russia's most advanced 4++ generation multipurpose fighter jet developed on the basis of the serial-produced MiG-29K/KUB and MiG-29M/M2 combat aircraft.

Mumbai airport readies for Cyclone Nisarga

Mumbai airport readies for Cyclone Nisarga

Rediff.com3 Jun 2020

As part of the exercise, preventive checks at different airport functions have been carried out and the airport has ensured that diesel generator sets are in place to provide uninterrupted power supply, the MIAL said in a release.

India to grow at 5.3% in current fiscal: Ficci

India to grow at 5.3% in current fiscal: Ficci

Rediff.com9 Jul 2014

Ahead of the Economic Survey, industry body Ficci today lowered its GDP growth forecast for the current fiscal, pegging India's economic expansion rate at 5.3 per cent compared to its 5.5 per cent previous estimate.

COVID resurgence has dented but not debilitated economy: RBI

COVID resurgence has dented but not debilitated economy: RBI

Rediff.com17 May 2021

The resurgence of COVID-19 has dented but not debilitated economic activities in the first half of Q1 of the current fiscal even though caseload of infections is much higher than before, according to an RBI article. The ferocity of the second COVID-19 wave has overwhelmed India and the world, the article said, adding that war efforts have been mounted to stop the surge in its tracks. "The impact of the second wave on the real economy seems to be limited so far in comparison with the first wave. Evidently, the localised nature of lockdowns, better adaptation of people to work from home protocols, online delivery models, e-commerce and digital payments are at work," the article on the state of economy authored by RBI Deputy Governor M D Patra and other officials said.

'Reversal of IPO frenzy is taking longer than in the past'

'Reversal of IPO frenzy is taking longer than in the past'

Rediff.com9 Apr 2021

'Investors should be careful in getting carried away; although a reversal of IPO frenzy this time is taking longer than in the past.'

What ails Bengal's economy

What ails Bengal's economy

Rediff.com28 Jul 2015

The state needs great numbers of new-generation entrepreneurs.

RBI hikes inflation figs over high vegetable prices

RBI hikes inflation figs over high vegetable prices

Rediff.com5 Dec 2019

The Reserve Bank of India on Thursday raised its inflation projection to 5.1-4.7 per cent for the second half of the current fiscal on the back of spike in prices of vegetables such as onion and tomatoes.

Indian killed as Nepal police clear Madhesis from border point

Indian killed as Nepal police clear Madhesis from border point

Rediff.com2 Nov 2015

A 19-year-old Indian was killed as Nepal police opened fire on people demonstrating against the new Constitution near the Indo-Nepal border, hours after security forces baton-charged Madhesi protesters and evicted them from a key bridge in the area in a pre-dawn swoop.

Stage set for a clean-up act in mining

Stage set for a clean-up act in mining

Rediff.com2 Jan 2014

The shift to gross calorific value-based grading of coal aligned domestic prices with international benchmarks.

Why stubble burning will continue to choke NCR

Why stubble burning will continue to choke NCR

Rediff.com13 Nov 2019

To prevent rise in air pollution levels, oil marketing companies and thermal power units were planning to procure stubble from farmers to make bioethanol and promote the central government's 'Agricultural Mechanization' for crop residue management. But both have seen minimal success.

Fighting for cheating-free petrol pumps

Fighting for cheating-free petrol pumps

Rediff.com23 Jan 2019

'There exists a 'brotherhood' of sorts for a very long time and corrupt dealers and corrupt OMC officials are in it together,' Ashwani Attrish, founder, Empowering Petroleum Dealers Foundation, tells Sudhir Bisht, a veteran of the petroleum industry.

When 5,000 Indians signed up to lay down their lives in Iraq

When 5,000 Indians signed up to lay down their lives in Iraq

Rediff.com24 Jun 2014

Around 5,000 Shia Muslims and 162 Hindus have agreed and are ready to go to Iraq.

Chennai residents battle scarcity, high prices

Chennai residents battle scarcity, high prices

Rediff.com5 Dec 2015

Announcing the start of day-time domestic commercial operations, the Airports Authority of India said on Saturday night that decision on night operations would be taken on Sunday.

India to become regional export hub for L'Oreal

India to become regional export hub for L'Oreal

Rediff.com8 Oct 2015

L'Oreal set up a second factory recently in Baddi, HP for hair colour.

Military logistics pact: What's that about?

Military logistics pact: What's that about?

Rediff.com1 Sep 2016

The text of the logistics defence agreement has not been made public at this point of time. But Pentagon Press Secretary Peter Cook and US Department of Defence spokesperson, Commander Gary Ross give a gist of what it's all about.

As blackout fears loom, Modi faces his stiffest challenge

As blackout fears loom, Modi faces his stiffest challenge

Rediff.com5 Sep 2014

As coal stocks at thermal plants fall to critical levels, economic recovery could be hi.

Lockheed Martin proposes custom-built fighter jets to be made in India

Lockheed Martin proposes custom-built fighter jets to be made in India

Rediff.com20 Jan 2018

Noting that the India-specific fighter on offer and its programme's size, scope and success will enable Indian industry to take advantage of unprecedented manufacturing, upgrade and sustainment opportunities well into the future, Lall said the platform will give Indian industry a unique opportunity to become a part of the world's largest fighter aircraft ecosystem.

BJP had opposed nasbandi: Baghel on population control law

BJP had opposed nasbandi: Baghel on population control law

Rediff.com14 Jul 2021

'I think public awareness should be created and laws should not be made only for the sake of politics'

'Covid has made Ayurveda mainstream'

'Covid has made Ayurveda mainstream'

Rediff.com24 Jul 2021

'The spurt in demand for Ayurvedic products has exhausted our production capacity.'

Hurt by higher expenses, Reliance net drops 7% in Q1

Hurt by higher expenses, Reliance net drops 7% in Q1

Rediff.com23 Jul 2021

Reliance Industries Ltd on Friday reported a 7 per cent drop in its June quarter net profit as retail business got hit by the second wave of COVID infections.

Why do we treat our soldiers like this?

Why do we treat our soldiers like this?

Rediff.com11 Jan 2017

'We owe our existence to the men in uniform, and we owe it to them to cleanse the armed forces by driving away every bit of corruption that eats into it,' argues Sudhir Bisht.

Why food prices may remain high for a few months

Why food prices may remain high for a few months

Rediff.com16 Nov 2020

'If you see the composition of items which are causing this spike in prices, most of them have little to do with the kharif harvest, except for pulses and vegetables to some extent.' 'I don't know on what basis the government is claiming that food prices will moderate in the weeks to come.'

Flexible inflation targeting: Here's what Rajan needs to do

Flexible inflation targeting: Here's what Rajan needs to do

Rediff.com30 Sep 2014

CPI-based inflation on a (year-on-year) basis has come down from 8.59 per cent in April 2014 to 7.80 per cent in August 2014.

Sigh of relief for Nepal as Madhesis end border blockade

Sigh of relief for Nepal as Madhesis end border blockade

Rediff.com8 Feb 2016

The United Democratic Madhesi Front said that in view of the severe shortage the country is facing, the blockade has been called off. However, the agitation will continue.

Is India ready to meet Chinese air force threat?

Is India ready to meet Chinese air force threat?

Rediff.com21 Nov 2019

The Chinese air force is now a 400,000-person force that flies some 2,000 combat aircraft -- more than thrice the size of the Indian Air Force.

2020 growth projection of 5% 'now at risk': RBI

2020 growth projection of 5% 'now at risk': RBI

Rediff.com27 Mar 2020

The RBI on Friday said the impact of coronavirus outbreak on the economy will depend on the intensity, spread and duration of the deadly virus even as the central bank refrained from projecting any numbers for growth and inflation amid the widespread uncertainty. While announcing the seventh bi-monthly monetary policy statement for 2019-20, RBI Governor Shaktikanta Das said that in view of the impact of coronavirus pandemic, the growth projections for 4.7 per cent for the fourth quarter of 2019-20 and 5 per cent for the full fiscal are "now at risk".

Indo-US nuclear agreement to be unveiled on Fri

Indo-US nuclear agreement to be unveiled on Fri

Rediff.com3 Aug 2007

The 123 agreement commits Washington to ensure uninterrupted supplies to India's safeguarded civilian nuclear reactors through engagement with other Nuclear Supplier Group countries.

Ahead of BSVI, bad news awaits car buyers

Ahead of BSVI, bad news awaits car buyers

Rediff.com26 Nov 2019

Let alone a discount, they might not even get the model, variant or colour of choice in BS-IV-compliant vehicles.

India's coal, power sectors need change in mindset

India's coal, power sectors need change in mindset

Rediff.com19 Mar 2014

The economy can't grow without increasing electrification, which requires more power plants, and given coal is the cheapest form of fuel and is abundant, it makes sense that India is looking to boost the use of the fuel.

Markets end flat as investors stay cautious ahead of December earnings

Markets end flat as investors stay cautious ahead of December earnings

Rediff.com9 Jan 2017

Broader markets outperformed with BSE Midcap and BSE Smallcap adding 0.23% and 0.45%, respectively

India's mega power projects grind to a slow halt

India's mega power projects grind to a slow halt

Rediff.com4 Sep 2015

With their balance sheets under stress, private companies have lost interest in them.

Energy is India's key challenge in 2019

Energy is India's key challenge in 2019

Rediff.com15 Jan 2019

The country must get its act on global alliances right in order to feed its fuel-hungry economy, points out Subhomoy Bhattacharjee.

India makes first crude oil purchase for strategic reserve

India makes first crude oil purchase for strategic reserve

Rediff.com30 Mar 2015

India is the 4th largest oil consumer after the US, China and Japan.

Tighter dud-loan norms: Shadow banks brace for headwinds

Tighter dud-loan norms: Shadow banks brace for headwinds

Rediff.com7 Feb 2022

On November 12, 2021, the Reserve Bank of India (RBI) decided to ring in uniformity in asset classification and income recognition across all lending institutions. Shadow banks, or non-banking financial companies (NBFCs), like commercial banks, are to test non-performing assets (NPAs) on a daily basis and upgrade them to "standard assets" only when interest and principal arrears are settled by borrowers. This is going to create all manner of headaches for shadow banks and their clientele. Says Y S Chakravarti, managing director and chief executive officer (CEO), Shriram City Union Finance: "NPA levels will go up, especially of small borrowers.

24x7 electricity for all: Tightrope walk for govt

24x7 electricity for all: Tightrope walk for govt

Rediff.com23 Dec 2019

The agenda for the year 2020 is well laid out -- launch of UDAY 2.0, installation of smart pre-paid metres, prompt payment by discoms, making coal available for short term and reviving gas based plants. But, it has to ensure effective implementation of various policy tweaks done so far.

Modi goes shopping for nuclear power in France and Canada

Modi goes shopping for nuclear power in France and Canada

Rediff.com8 Apr 2015

Modi has made nuclear power a key element of his clean energy strategy

Bright GDP just a small step in long road to sustained revival

Bright GDP just a small step in long road to sustained revival

Rediff.com3 Sep 2014

Based on the evidence at hand, Modi's goal of scripting a broader, lasting upturn appears some way off, says Rajesh Kumar Singh.

Budget in 2 minutes: 'Bad bank' gets nod, discoms to get funds & more

Budget in 2 minutes: 'Bad bank' gets nod, discoms to get funds & more

Rediff.com2 Feb 2021

Finance Minister Nirmala Sitharaman presented her third Budget on February 1.

'Make in India missing from Modi's solar energy push'

'Make in India missing from Modi's solar energy push'

Rediff.com24 Sep 2015

If even a fraction of the 175 GW target is achieved, India's reliance on coal and oil would be reduced, says expert.

Govt, industry lock horns over hiking TV prices

Govt, industry lock horns over hiking TV prices

Rediff.com21 Sep 2020

For India to be atmanirbhar, domestic manufacturers cannot remain merely assemblers of imported parts. Manufacturing in India cannot survive on support of imports forever.