News for 'pli'

Driver of truck that plowed into religious procession in Bihar arrested

Driver of truck that plowed into religious procession in Bihar arrested

Rediff.com21 Nov 2022

The driver of a truck that ploughed into a religious procession killing at least 12 people, including seven children, in Bihar's Vaishali district was rescued from the mangled vehicle and arrested, a senior police officer said on Monday.

Gill to play for Glamorgan for remainder of County season

Gill to play for Glamorgan for remainder of County season

Rediff.com24 Aug 2022

He has been in tremendous form of late with one hundred and three fifties in his last six 50-over games.

Construction activities banned, more curbs as Delhi's air quality worsens

Construction activities banned, more curbs as Delhi's air quality worsens

Rediff.com29 Oct 2022

The overall Air Quality Index (AQI) of Delhi stood at 398 at 11 am, worsening from 357 at 4 pm on Friday. It was 354 on Thursday, 271 on Wednesday, 302 on Tuesday and 312 on Monday (Diwali).

Char Dham priests demand removal of yatra curbs, threaten agitation

Char Dham priests demand removal of yatra curbs, threaten agitation

Rediff.com1 Mar 2023

Citing the example of last year, he said many pilgrims who came for the yatra from rural areas of Uttar Pradesh had to return from Rishikesh and Haridwar as they had not registered in advance for it.

Govt gifts Rs 1.45-trillion incentive for 10 manufacturing sectors

Govt gifts Rs 1.45-trillion incentive for 10 manufacturing sectors

Rediff.com12 Nov 2020

The government hopes that the PLI schemes would provide 200,000-300,000 direct employment over five years, according to sources in the know.

Look Out For Smaller Company Stocks

Look Out For Smaller Company Stocks

Rediff.com2 Feb 2023

They will not be followed by analysts and no fund manager can buy such small companies with low trading liquidity.
Large companies, those that are talked about in the media and tracked on social media, have already been discovered. They won't lead to extraordinary gains, Debashish Basu points out.

Manipur violence: 'Don't know what our fault was'

Manipur violence: 'Don't know what our fault was'

Rediff.com6 May 2023

Around 800 people, including children and the elderly, are living in pitiable conditions in relief shelters near Thangjing temple and Moirang Lamkhai which are being run by three organisations.

Swollen Yamuna calming as AAP alleges 'conspiracy', BJP hits back

Swollen Yamuna calming as AAP alleges 'conspiracy', BJP hits back

Rediff.com15 Jul 2023

Bharadwaj said it has not rained in Delhi in the last 3-4 days, yet still the water level in Yamuna reached 208.66 metres.

ITC Q4 net profit rises 22% to Rs 5,225 cr

ITC Q4 net profit rises 22% to Rs 5,225 cr

Rediff.com18 May 2023

Diversified entity ITC Ltd on Thursday reported a 22.66 per cent rise in consolidated net profit at Rs 5,225.02 crore in the fourth quarter ended March 2023, led by a strong growth momentum across operating segments. The company had posted a net profit of Rs 4,259.68 crore a year ago, ITC Ltd said in a regulatory filing. Its revenue from operations increased 7 per cent to Rs 18,799.18 crore in the period under review against Rs 17,754.02 crore in the year-ago period.

Yeh Hai India: The Ice Route

Yeh Hai India: The Ice Route

Rediff.com5 Jan 2022

The Border Roads Organisation kept the pass open beyond December 31 for the first time.

China Plus One: Low labour costs and growing workforce give India the edge

China Plus One: Low labour costs and growing workforce give India the edge

Rediff.com5 Dec 2022

A combination of one of the lowest labour costs and a large surplus workforce, which will continue to grow until 2031, is one of the key competitive edges that India is leveraging to challenge its rivals in Southeast Asia in the race for a China-Plus-One strategy. Apart from India, the countries in the race to woo global companies that manufacture in China, as well as the supply chains to their country include Thailand, Indonesia, Malaysia, the Philippines, and Vietnam. On the labour front, India is a clear winner.

IMF sees India as 'bright spot' in global economy, says PM Modi

IMF sees India as 'bright spot' in global economy, says PM Modi

Rediff.com11 Jan 2023

Prime Minister Narendra Modi Wednesday said the International Monetary Fund (IMF) sees India as a "bright spot" in the global economy and as per the World Bank, India is in a better position to deal with the global headwinds than many other countries. This is because of India's strong "macroeconomic fundamentals", Modi said while virtually addressing the inaugural function of the 7th edition of Invest Madhya Pradesh-Global Investors Summit in Indore. In the past eight years, the government has increased the speed of reforms and removed many hurdles in the way of investments.

Delhi's anti-pollution curbs ineffective, 'little too late': Experts

Delhi's anti-pollution curbs ineffective, 'little too late': Experts

Rediff.com4 Nov 2022

'These measures should be in place throughout the year in order to bring down AQI levels to 100 or below'

'Don't Expect A Populist Budget'

'Don't Expect A Populist Budget'

Rediff.com31 Jan 2023

'While the Budget would be growth-friendly, it would not come at the expense of an increase in the fiscal deficit.'

PSL to clash with IPL in 2025

PSL to clash with IPL in 2025

Rediff.com17 Aug 2022

The IPL's two and half month window starts from March and goes on till the beginning of June.

Modi sees India's manufacturing output to grow by $520 bn in 5 yrs

Modi sees India's manufacturing output to grow by $520 bn in 5 yrs

Rediff.com5 Mar 2021

Prime Minister Narendra Modi on Friday said production linked incentive (PLI) scheme, which is aimed at boosting domestic manufacturing and exports, is expected to increase the country's production by $520 billion in the next five years. Addressing a webinar on PLI scheme, organised by Department of Industry and International Trade (DPIIT) and NITI Aayog, through video conference, Modi said the government is continuously carrying out reforms to boost domestic manufacturing. In this year's Budget, about Rs 2 lakh crore was earmarked for the PLI scheme for the next five years and "there is an expectation that the scheme would result in increasing the production by about $520 billion in the next five years", he said. He added that there is also an expectation that the current workforce in the sectors, which will avail the benefits of the PLI scheme, will be doubled and job creation will also increase.

Did playing in BBL give England players an advantage?

Did playing in BBL give England players an advantage?

Rediff.com10 Nov 2022

An extensive experience of playing the Big Bash League in Australia contributed to Jos Buttler and Alex Hales' absolute dominance over India in the T20 World Cup semi-final, said head coach Rahul Dravid.

Fixed broadband may trigger next leg of growth for Jio, Airtel: Analysts

Fixed broadband may trigger next leg of growth for Jio, Airtel: Analysts

Rediff.com28 Apr 2023

Shares of telecom services providers - Reliance Industries (parent of Reliance Jio), Bharti Airtel, and Vodafone Idea - have shed up to 23 per cent so far in the current calendar year as growth in the wireless subscriber segment begins to plateau amid higher tariffs and rising costs of smartphones. By comparison, the benchmark S&P BSE Sensex, and sectoral index BSE Telecom have dipped 1.8 per cent, and 12.6 per cent, respectively, ACE Equity data shows. However, analysts expect the trend to reverse soon as telecom services providers focus on the next leg of growth -- fixed broadband (FBB) segment.

Want To Send Your Car To The Graveyard?

Want To Send Your Car To The Graveyard?

Rediff.com1 Jun 2023

One of the challenges for those car graves is that Indian owners often find markets for their old cars rather than send them to scrapyards.

'Economic rebound has run out of steam'

'Economic rebound has run out of steam'

Rediff.com9 Mar 2023

'When the average growth in the last three years was just 2.5%, how does that make us the fastest growing country?' 'They only tell you what has happened in the last 2 years; they are not taking into account what happened in FY21 on account of their mistakes.'

Surrounded By Family, Eknath Shinde Takes Charge

Surrounded By Family, Eknath Shinde Takes Charge

Rediff.com7 Jul 2022

When he plied an autorickshaw in Thane in the late 1980s did Eknath Shambhaji Shinde ever dream that he would one day be chief minister of one of the wealthiest states in the Indian Union?

Woman, toddler killed as Bengaluru Metro pillar collapses

Woman, toddler killed as Bengaluru Metro pillar collapses

Rediff.com10 Jan 2023

Tragedy stuck a family of four here on Tuesday when an under-construction Bengaluru Metro pillar collapsed on them, leaving a woman and her toddler son dead while her husband and another child escaped with injuries.

India's economy to slow down in 2023-24. Survey reveals all

India's economy to slow down in 2023-24. Survey reveals all

Rediff.com31 Jan 2023

Following are the highlights of the Economic Survey 2022-23 tabled in Parliament on Tuesday

FIFA WC: Duke keeps his promise to his son with winner

FIFA WC: Duke keeps his promise to his son with winner

Rediff.com26 Nov 2022

"Obviously the moment I scored was pure ecstasy for me. I'd heard only seven Australians had scored at the World Cup and I told Arnie (coach Graham Arnold) I'd be the eighth or ninth."

Badrinath-Kedarnath: Modi Must Relook At Redevelopment

Badrinath-Kedarnath: Modi Must Relook At Redevelopment

Rediff.com25 Jan 2023

'The problem is that all this reconstruction work is being monitored by the prime minister himself with inputs being provided directly by the PMO so nobody in the state government dare contradict them even if their suggestions are totally contrary to what the ecology of this region requires.'

Adani firm to buy 50% stake in agri start-up

Adani firm to buy 50% stake in agri start-up

Rediff.com27 May 2022

Adani Defence & Aerospace has entered into definitive agreements for acquiring 50 per cent equity stake in agricultural drone startup General Aeronautics for an undisclosed amount. Bengaluru-based General Aeronautics specialises in developing robotic drones to offer tech-enabled crop protection services, crop health monitoring, precision farming and yield monitoring services using artificial intelligence and data analytics.

Apply for Maharashtra licence in 3 weeks, SC tells Uber

Apply for Maharashtra licence in 3 weeks, SC tells Uber

Rediff.com14 Feb 2023

The Supreme Court on Monday directed Uber to apply for a licence within three weeks to operate in Maharashtra, stressing that cab aggregators cannot function without one. A bench led by Chief Justice of India (CJI) D Y Chandrachud said that an earlier interim order by the Supreme Court that had allowed Uber to operate in the state would not provide legal cover, since an aggregator cannot operate without a licence. It ordered Uber to apply for a licence by March 6, said a report by Bar and Bench.

RBI may effect one more rate hike: Uday Kotak

RBI may effect one more rate hike: Uday Kotak

Rediff.com8 Dec 2022

A day after the RBI raised the benchmark lending rate by 35 basis points, Kotak Mahindra Bank Managing Director Uday Kotak on Thursday said the central bank may go for one more rate hike to bring inflation below its upper tolerance level of 6 per cent. Yesterday, the RBI indicated that it wants inflation to be within the band first and then move towards the target of 4 per cent, Kotak said at the CII Global Economic Policy Summit 2022. "My sense is that there could be one more rate hike and that may be the time for thinking about a pivot, but we got to watch very closely the data, and maybe around 6.5 per cent as it looks today, subject to what happens to the world, subject to what happens to oil, subject to what happens to many other things," he said.

India's sub-Rs 10,000 phone market may be reserved for domestic players

India's sub-Rs 10,000 phone market may be reserved for domestic players

Rediff.com23 Aug 2022

How dominant are Chinese firms in India's sub-Rs 10,000 mobile device market? The question has become relevant as the government has been thinking of reserving this price segment for domestic players who have not been able to battle the Chinese onslaught. However, telecom firms and others are concerned that such a move could stymie the effort to build affordable 5G phones in the sub-Rs 10,000 category.

WTC Final: Ponting surprised SKY isn't in main squad, backs Kishan

WTC Final: Ponting surprised SKY isn't in main squad, backs Kishan

Rediff.com19 May 2023

Ahead of the WTC Final next month, former Australian skipper Ricky Ponting opened up on India and Australia's chances for the big game.

New projects drop for 2nd straight quarter

New projects drop for 2nd straight quarter

Rediff.com3 Jan 2022

New projects fell 6.3 per cent in the December quarter compared with the September quarter. The value of new projects in the just-concluded quarter was Rs 2.1 trillion, according to the data from Centre for Monitoring Indian Economy (CMIE), which was lower than the Rs 2.2 trillion seen in the September quarter. It is, however, higher than Rs 1.5 trillion recorded for the quarter ended December 2020, the first year of the Covid-19 pandemic. This data ties in with the November data for core sector growth, an index of eight core industries, which grew at its slowest pace since early 2021.

Yeh Hai India: Where are they headed?

Yeh Hai India: Where are they headed?

Rediff.com19 Oct 2021

Targeted killings in Srinagar and in South Kashmir have inspired fear among migrant labourers from Bihar and Uttar Pradesh plying their trade in the Kashmir Valley.

Markets: 'Volatility to remain higher than usual'

Markets: 'Volatility to remain higher than usual'

Rediff.com3 Jun 2022

'Periods of high volatility are usually bad for mid-caps and this is something that has to be kept in mind.' 'Focus on quality is of paramount importance.'

BJP's Bengal bandh call evokes mixed response; normal life unaffected

BJP's Bengal bandh call evokes mixed response; normal life unaffected

Rediff.com28 Feb 2022

The 6 am to 6 pm shutdown call evoked a mixed response as the state government engaged its entire machinery to ensure that normal life remained unaffected.

54 dead in Manipur violence; govt appeals for calm

54 dead in Manipur violence; govt appeals for calm

Rediff.com6 May 2023

Security presence which has been bolstered by flying in more army troops and rapid action force and central police forces was clearly visible at all major areas and roads.

'What Gives Me Hope About India Is...'

'What Gives Me Hope About India Is...'

Rediff.com24 Aug 2023

'Our civil society here is vibrant, and courageous, although it is beaten up and beaten down, repeatedly.'

Intel group company back with chip-making plan in India

Intel group company back with chip-making plan in India

Rediff.com19 Feb 2022

'Our plan to set up a semiconductor facility in India is back on the table'

369 trains cancelled due to Agnipath protests

369 trains cancelled due to Agnipath protests

Rediff.com18 Jun 2022

The Railways has also partially cancelled two mail/express trains, thus the total number of trains affected during the day is 371, the officials said.

Major infra revamp taken up at border areas in J-K

Major infra revamp taken up at border areas in J-K

Rediff.com25 Dec 2022

The first phase of the infrastructure renovation and creation of some new ones has been recently completed on a stretch of 26 kilometres along the front in Jammu while another 33 kilometres in the same region is being carried out, official sources told PTI.

Draft Digital Bill to be available for public by Dec-end

Draft Digital Bill to be available for public by Dec-end

Rediff.com8 Dec 2022

After the draft data protection bill, the government is now all set to bring another key legislation -- Digital India Bill -- that will be made available for public consultation by the month-end, Minister of State for IT Rajeev Chandrasekhar said on Thursday. The Digital India Bill, which will replace the 22-year old Information Technology (IT) Act, will be contemporary and a modern piece of legislation, the Minister promised. The proposed bill, alongside the Digital Personal Data Protection (DPDP) Bill whose draft was released recently, will contribute to the evolving framework which is light on regulation, safeguards consumer rights and catalyses innovation, the minister said while speaking at CII Global Economic Policy Summit 2022.