News for 'pli'

The School By the Sea

The School By the Sea

Rediff.com13 Feb 2023

The school was run on strict Gandhian lines, with stress on students doing things themselves. Physical comforts were minimal, in keeping with the relatively backward geographical area. But it had a staff of teachers dedicated to educating their students, not just imparting them book-learning, remembers Shreekant Sambrani.

'China is ahead of India because our political leadership was behind'

'China is ahead of India because our political leadership was behind'

Rediff.com12 Oct 2022

'You have to be a total anti-national bozo to shut down the Nokia plant in Sriperumbudur, which was the first large manufacturing plant for mobile phones in India.' 'Why was the unit shut down? Because of somebody's ego.'

All talk about ODI's future is nonsense: Rohit Sharma

All talk about ODI's future is nonsense: Rohit Sharma

Rediff.com18 Aug 2022

India captain Rohit Sharma believes ODIs are an important and integral part of the game.

Soon Tata Motors, Mahindra cars will ply on foreign roads

Soon Tata Motors, Mahindra cars will ply on foreign roads

Rediff.com6 Jan 2014

Don't be surprised if you see cars from the two manufacturer in a foreign land. The carmakers are supplying their vehicle in over 11 countries.

Kerala bus mishap: HC lens on vloggers promoting unsafe buses

Kerala bus mishap: HC lens on vloggers promoting unsafe buses

Rediff.com6 Oct 2022

The Kerala high court on Thursday asked the state government as to what steps can be taken to ensure the safety of citizens on the roads in the wake of a bus accident in Palakkad claiming nine lives, including five school students.

After swinging over 400 points, Sensex ends in red

After swinging over 400 points, Sensex ends in red

Rediff.com8 Sep 2021

Nestle was the top loser in the Sensex pack, shedding over 2 per cent, followed by Maruti, Bajaj Finserv, Bajaj Auto, TCS and L&T. NSE Nifty slipped 8.60 points to 17,353.50.

Passenger vehicle sales dip nearly 4% in March: Siam

Passenger vehicle sales dip nearly 4% in March: Siam

Rediff.com13 Apr 2022

Passenger vehicle wholesales in India declined nearly 4 per cent to 279,501 units last month, auto industry body SIAM said on Wednesday. Passenger vehicle (PV) dispatches from factories to dealerships in March 2021 stood at 290,939 units. As per the latest data by the Society of Indian Automobile Manufacturers (SIAM), two-wheeler sales also fell 21 per cent to 11,84,210 units as compared with 14,96,806 vehicles in March 2021.

'Our rating is dependent on the medium-term outlook'

'Our rating is dependent on the medium-term outlook'

Rediff.com1 Dec 2021

'While we note the very strong cyclical recovery in the economy, we believe there is still uncertainty over medium-term prospects.'

Bank credit likely to grow at 4-year high of 11-12% in FY23

Bank credit likely to grow at 4-year high of 11-12% in FY23

Rediff.com29 Apr 2022

Bank credit is likely to grow at a four-year high of 11-12 per cent in fiscal 2023, on the back of better economic growth and budgetary support from the government, according to a report. In the fiscal ended March 2022, bank advances have likely grown at 9-10 per cent. "Healthy economic growth and budgetary support from the government should lift bank credit growth by 200-300 basis points to 11-12 per cent this fiscal," Crisil Ratings said in the report. The higher credit growth expectation is also supported by the improved resilience of the banking system, it added.

PFI hartal against NIA action turns violent in Kerala, several hurt

PFI hartal against NIA action turns violent in Kerala, several hurt

Rediff.com23 Sep 2022

Sporadic incidents of violence were reported in various parts of Kerala as the dawn-to-dusk hartal called by radical Islamic outfit Popular Front of India (PFI) was underway.

India Inc's biz sentiments almost at pre-pandemic level

India Inc's biz sentiments almost at pre-pandemic level

Rediff.com9 Sep 2021

A survey, with over 3,700 respondents across digital platforms, found that transparent taxation has been one of the most significant initiatives of the government followed by the production-linked incentives (PLI) scheme, equalisation levy and new labour codes.

SBI slashes FY23 growth forecast to 6.8% on way-below Q1 numbers

SBI slashes FY23 growth forecast to 6.8% on way-below Q1 numbers

Rediff.com1 Sep 2022

Chief economist at State Bank of India has revised downward the full-year growth forecast to a low 6.8 per cent from 7.5 per cent earlier for FY2023, citing "the way below GDP numbers for the first quarter". The National Statistical Office on Wednesday released the Q1 growth numbers which showed a consensus growth of 13.5 per cent, pulled down by the poor show of the manufacturing sector, which reported a paltry 4.8 per cent expansion in the first three months of FY23, negating the robust show by the services sector. Consensus forecast was 15-16.7 per cent of which the RBI made the highest forecast of 16.7 per cent.

Nestle India increasing number of female employees

Nestle India increasing number of female employees

Rediff.com21 Sep 2021

Presently, around 23 per cent of Nestle India's workforce are women, its chairman and managing director Suresh Narayanan said on Monday. "We moved a fair degree on this. When I came to Nestle India in 2015, at that time we were at about 15-16 per cent.

'How about declaring April 24 as National Cricket Day'

'How about declaring April 24 as National Cricket Day'

Rediff.com24 Apr 2022

'There are greats, there are legends and then there is @sachin_rt.'

Sensex, Nifty surge to fresh lifetime peaks

Sensex, Nifty surge to fresh lifetime peaks

Rediff.com15 Sep 2021

NTPC was the top gainer in the Sensex pack, jumping over 7 per cent, followed by Bharti Airtel, Titan, HCL Tech, SBI, PowerGrid, TCS and IndusInd Bank. NSE Nifty climbed 139.45 points to its new closing high of 17,519.45.

What You Must Know About Vizhinjam Port

What You Must Know About Vizhinjam Port

Rediff.com1 Dec 2022

The shipping business is like the heaving sea -- it's up and down, observes Shyam G Menon.

India sells stability, growth, and dynamism at WEF

India sells stability, growth, and dynamism at WEF

Rediff.com24 May 2022

The war in Ukraine has made its presence felt at the World Economic Forum's annual meeting in Davos. As political and business leaders' debate, they remain fearful of Europe's economic future. There is a sense of gloom among many business leaders as energy shortage and economic recession rear their heads. Global investors are keenly assessing the presence of Indian delegation at Davos.

PM kicks off 'Rozgar Mela' to provide 10 lakh jobs

PM kicks off 'Rozgar Mela' to provide 10 lakh jobs

Rediff.com22 Oct 2022

In his address after more than 75,000 people were given appointment letters for various government jobs in the first tranche, Modi acknowledged the challenges facing the economy the world over with many countries hit by a record inflation and unemployment and said India is making every effort to come out of the situation unscathed.

'Market is pricing rate hike up to December'

'Market is pricing rate hike up to December'

Rediff.com13 Jun 2022

'There will be a series of rate hikes, but the pace and quantum will depend on how the economy in the US and the rest of the world behave.'

India crosses $400-bn milestone in exports

India crosses $400-bn milestone in exports

Rediff.com23 Mar 2022

The country's exports for the first time crossed the $400 billion mark in a fiscal on healthy performance by sectors such as petroleum products, engineering, gems and jewellery, and chemicals, according to the commerce ministry's data released on Wednesday. The merchandise exports rose by by 37 per cent to $400.8 billion in 2021-22 until March 21 against $292 billion in 2020-21. Previously, the outbound shipments had touched a record of $330.07 billion in 2018-19.

Assam boat tragedy: CM bans private ferries, orders high-level probe

Assam boat tragedy: CM bans private ferries, orders high-level probe

Rediff.com9 Sep 2021

The CM said that initial probe indicated "mismanagement" to be the prime reason for the accident, which occurred on Wednesday evening.

Modi urges fugitive economic offenders to return to India

Modi urges fugitive economic offenders to return to India

Rediff.com18 Nov 2021

Prime Minister Narendra Modi on Thursday said his government is using all channels including diplomatic to bring back high-profile economic offenders, leaving them with no option but to return to the country. Speaking at a symposium on credit flow and economic growth, he asked banks to support wealth and job creators with proactive lending while promising to stand by any loans given in right earnest. "In our attempt to bring back fugitive (economic offenders), we relied on policies and law and also used diplomatic channels.

From April 20 you can order cellphone, fridge, laptop online

From April 20 you can order cellphone, fridge, laptop online

Rediff.com16 Apr 2020

Mobile phones, televisions, refrigerators, laptops and stationary items will be allowed to be sold through e-commerce platforms like Amazon, Flipkart and Snapdeal from April 20 during the lockdown, officials said on Thursday. The clarification from a senior home ministry official came a day after Union home secretary Ajay Bhalla issued revised guidelines for the extended lockdown period till May 3.

Incentives for green hydrogen likely in Union Budget

Incentives for green hydrogen likely in Union Budget

Rediff.com30 Jan 2022

The government may provide for targeted fiscal incentives and allocation of funds for promotion of green hydrogen in the country in Union Budget 2022-23, which is slated to be unveiled in Parliament on Tuesday. The government launched National Hydrogen Mission in 2021. Earlier this month, Power and New & Renewable Energy Minister R K Singh had indicated that a green hydrogen policy will be unveiled in February which would feature many incentives to boost green hydrogen in the country. "While 2021 saw the launch of National Hydrogen Mission, it is likely that the Budget may provide for targeted fiscal incentives for R&D in green hydrogen segment, creation of domestic supply chain for hydrogen and reduce customs duties on electrolysers to boost green hydrogen production," says Venkatesh Raman Prasad, Partner, J Sagar Associates (JSA).

Clean tech is next hypergrowth opportunity for Mukesh Ambani

Clean tech is next hypergrowth opportunity for Mukesh Ambani

Rediff.com25 Jun 2021

Reliance Industries Ltd's focus on the next hypergrowth opportunities in clean tech and its path to decarbonisation has the potential to spur re-rating, raises clarity on investment cycles and reduces investor worry, brokerages said. RIL chairman Mukesh Ambani at the company's 'Green AGM' on Thursday committed Rs 75,000 crore over the next three years to set up an integrated Green Energy Giga Complex across 5,000 acres in Jamnagar, Gujarat which will contain four giga factories. The complex, which would be one of the world's largest renewable manufacturing facilities, would have an integrated solar photovoltaic module factory, an energy storage battery factory, electrolyser manufacturing for hydrogen production, and manufacturing of fuel cells so that hydrogen can be used in transportation.

'Modi has no excuse not to run trains'

'Modi has no excuse not to run trains'

Rediff.com12 Nov 2020

'The central government is putting conditions on farmers organisations, that they have to allow passenger trains to ply, only then will they allow goods trains to ply.'

Royals owner dissects their strategy at IPL 2022 Auction

Royals owner dissects their strategy at IPL 2022 Auction

Rediff.com14 Feb 2022

Badale said his franchise approached the auction with a certain aim and largely got what they wanted.

Amit Shah to pay first visit to J-K post Art 370 abrogation, security upped

Amit Shah to pay first visit to J-K post Art 370 abrogation, security upped

Rediff.com23 Oct 2021

A thick security cover has been thrown around the BJP office at Jawahar Nagar in Srinagar where Shah is likely to pay a visit.

'2022 Is Year Of Investing In Markets'

'2022 Is Year Of Investing In Markets'

Rediff.com27 Jul 2022

'Our advice is to put money into equities now rather than staying away.'

Renewable energy: Investments may cross $15 bn in 2022

Renewable energy: Investments may cross $15 bn in 2022

Rediff.com24 Dec 2021

After witnessing cloudy skies this year, the country's renewable energy sector is expected to boom with a likely investment of over $15 billion in 2022 as the government focuses on electric vehicles, green hydrogen, manufacturing of solar equipment as well as achieving the ambitious 175 GW renewable capacity target. India, which has an installed renewable energy generation capacity of a little over 150 GW, aims to reach 175 GW in 2022. Out of the total mix, 100 GW would be from solar, 60 GW from wind, 10 GW from bio-power and 5 GW from small hydro power projects.

Consumer durables may see double digit growth in 2022

Consumer durables may see double digit growth in 2022

Rediff.com21 Dec 2021

The industry is expecting double-digit growth on a year-on-year basis, helped by a possible price correction after softening of raw material inputs and factors such as positive sentiments, pent up demand and improving economic conditions. Besides, a shift in consumer behaviour from price consciousness towards technologically advanced premium products with quality, value proposition and safety aspects leading to a rise in demand for home automation products is making the industry upbeat. With the government's production linked incentive (PLI) scheme for white goods, which has witnessed a committed investment of Rs 4,614 crore, in place, many manufacturers are gearing up to make the most out of the opportunity as well as take steps towards reducing their dependency on imports and make products more affordable.

Autos, trains, buses, cabs won't ply today: Shiv Sena

Autos, trains, buses, cabs won't ply today: Shiv Sena

Rediff.com31 May 2012

Though the city's systems are willing to go to work as usual, participating political parties will try their best to ensure a '100 per cent successful' closure on Thursday. Vrushali Lad reports

Riding on Sonet and Seltos, Kia Motors has big plans for India

Riding on Sonet and Seltos, Kia Motors has big plans for India

Rediff.com15 Dec 2020

Higher exports will also drive up volumes, as the company seeks to avail of the benefits under the government's recently announced production linked incentive scheme.

Why India's exports are likely to fly high in New Year

Why India's exports are likely to fly high in New Year

Rediff.com19 Dec 2021

After staging a strong recovery from COVID-induced slowdown in 2021, India's exports are likely to extend the growth story to the New Year also on increased demand in the global markets, boost in domestic manufacturing due to production-linked incentive schemes and implementation of some interim trade pacts. Expectations of positive growth in the country's exports are also backed up by the outlook of the World Trade Organisation (WTO) which predicts a 4.7 per cent expansion in the global merchandise trade volume in 2022. Exporters believe that the outbound shipments would cross $400 billion mark in this fiscal going by the current momentum and may reach $475 billion in 2022-23.

'India needs 6 carriers like the Vikrant'

'India needs 6 carriers like the Vikrant'

Rediff.com2 Sep 2022

'... To ensure that the vast Indian Ocean Region remain peaceful.'

Rains lead to waterlogging in Delhi areas, traffic affected

Rains lead to waterlogging in Delhi areas, traffic affected

Rediff.com2 Sep 2021

The Delhi traffic police advised commuters to avoid waterlogged streets.

Bumrah takes inspiration from Zlatan

Bumrah takes inspiration from Zlatan

Rediff.com8 Sep 2020

Bumrah seems to have taken some inspiration from football legend Zlatan Ibrahimovic as he gets ready to lead Mumbai Indians' bowling charge in their title defence in IPL 2020.

Life returns to normalcy in violence-hit Lakhimpur Kheri

Life returns to normalcy in violence-hit Lakhimpur Kheri

Rediff.com5 Oct 2021

Two days on, regular activities were witnessed near the Lakhimpur railway station and other market places where vendors and shops were operating as usual.

Covid: Section 144 imposed in Mumbai, New Year parties banned

Covid: Section 144 imposed in Mumbai, New Year parties banned

Rediff.com30 Dec 2021

As per the new COVID-19 restrictions, prohibition has been placed on New Year's celebrations, parties in any closed or open space including restaurants, hotels, bars, pubs, resorts and clubs from December 30 to January 7.

3 killed, 95 evacuated as heavy rains lash Maha; parts of Mumbai inundated

3 killed, 95 evacuated as heavy rains lash Maha; parts of Mumbai inundated

Rediff.com12 Jul 2022

Thirteen teams of the National Disaster Response Force and three of the State Disaster Response Force were deployed in vulnerable districts of the state, a disaster management department report said.