News for 'urbanization'

Should depositors put money in co-operative banks?

Should depositors put money in co-operative banks?

Rediff.com18 Feb 2025

The co-operative banking sector is well regulated, and a few cases of restrictions being imposed by the Reserve Bank of India (RBI) should not paint a negative picture of the entire sector, said Department of Economic Affairs (DEA) secretary Ajay Seth on Monday. "Co-operative banks in the country are generally quite robust, and the RBI takes regulatory action whenever issues arise.

Realty sector turns cautious as equity market tumbles

Realty sector turns cautious as equity market tumbles

Rediff.com14 Apr 2025

'In the past six months, capital markets have seen a dip, and realty is struggling. The stock-market investor will be cautious of putting that investment in real estate when there may be a slowdown coming.'

At least 150 die as 7.7 strong quake rocks Myanmar, Thailand

At least 150 die as 7.7 strong quake rocks Myanmar, Thailand

Rediff.com29 Mar 2025

The earthquake rocked many parts of Thailand including its capital Bangkok, the venue for next week's summit of BIMSTEC regional grouping that is scheduled to be attended by Modi among other leaders.

'As Tunnels Increase We See More Incidents'

'As Tunnels Increase We See More Incidents'

Rediff.com7 Mar 2025

'Balancing tunnel developments with ecological realities is a major challenge and, when overlooked, can contribute to mishaps.'

Union Budget 2025: Will 10K new medical seats curb students outflow?

Union Budget 2025: Will 10K new medical seats curb students outflow?

Rediff.com2 Feb 2025

The Indian government's announcement of 10,000 additional seats in medical colleges next year, part of a plan to add 75,000 seats over five years, has been welcomed by education experts and stakeholders. The move aims to address the shortage of medical professionals and reduce the outflow of Indian medical students to other countries. The budget also includes infrastructure expansion at five new IITs to accommodate 6,500 more students and an allocation of Rs 500 crore to set up a Centre of Excellence in Artificial Intelligence for education.

Sensex May Hit 105,000 by Dec 2025

Sensex May Hit 105,000 by Dec 2025

Rediff.com12 Mar 2025

The risk-reward for the Indian markets, Morgan Stanley said, is turning favourable.

'Nowhere In Empuraan Did They Mention Godhra'

'Nowhere In Empuraan Did They Mention Godhra'

Rediff.com9 Apr 2025

'They just showed riots created by some political party. They never mentioned the name of the place or the political party.' 'I don't know why these people are agitated.'

What Gifts Did Naidu Bring Nirmalaji?

What Gifts Did Naidu Bring Nirmalaji?

Rediff.com6 Mar 2025

Andhra Pradesh Chief Minister Chandrababu Naidu showered gifts on Finance Minister Nirmala Sitharaman when he met her in New Delhi on Wednesday, March 5, 2025.

Trailer Review: Superboys Of Malegaon Is All Heart

Trailer Review: Superboys Of Malegaon Is All Heart

Rediff.com19 Feb 2025

The story of Superboys Of Malegaon is so heartening that the film -- in the hands of an accomplished director like Reema Kagti -- is bound to be a worthy watch, feels Deepa Gahlot.

India to continue resilient growth in 2025: S&P

India to continue resilient growth in 2025: S&P

Rediff.com10 Dec 2024

S&P Global Ratings on Tuesday said the Indian economy is set for "resilient growth" in 2025 and projected inflation pressure to recede which will lead to "modest" easing of the monetary policy by the RBI. In its India outlook for 2025, S&P also retained India's growth forecast for current fiscal at 6.8 per cent, followed by 6.9 per cent growth in 2025-26.

'TN should compete with US, China, and not Indian states'

'TN should compete with US, China, and not Indian states'

Rediff.com26 Mar 2025

'We don't have to compete with Maharashtra or Gujarat. We have to now start thinking about how we compete with the United States or China.'

How Yamuna controversy sank AAP in Delhi

How Yamuna controversy sank AAP in Delhi

Rediff.com9 Feb 2025

The BJP's victory in the 2025 Delhi Assembly elections was largely attributed to the Yamuna pollution issue, with the party successfully capitalizing on the backlash from Haryanvi-origin voters who perceived AAP's narrative on the river's pollution as an attack on their home state. The BJP's campaign focused on presenting itself as both the protector of Haryana's honor and the party with a concrete vision for the Yamuna's revival, ultimately leading to AAP's significant decline in the Yamuna belt and rural areas.

Parliament's Budget session to be held from Jan 31 to April 4

Parliament's Budget session to be held from Jan 31 to April 4

Rediff.com18 Jan 2025

Parliament's Budget Session will be held from January 31 to April 4, with Finance Minister Nirmala Sitharaman set to table her eighth straight budget on February 1. The session will begin with President Droupadi Murmu's address to a joint sitting of the Lok Sabha and Rajya Sabha on January 31, followed by the tabling of the economic survey. The first part of the Budget Session will have nine sittings from January 31 to February 13, after which Parliament will break for recess to examine the budget proposals. The session will reconvene on March 10 to discuss the demands for grants of various ministries and complete the budgetary process, concluding on April 4.

Adani Group to redevelop Mumbai's Motilal Nagar

Adani Group to redevelop Mumbai's Motilal Nagar

Rediff.com12 Mar 2025

Adani Properties Pvt Ltd (APPL) has emerged as the highest bidder for the redevelopment of Motilal Nagar in Mumbai, offering more built-up area than its nearest rival, L&T. This will be the second mega redevelopment project of Adani Group in Mumbai, after the Dharavi slum redevelopment project. The total estimated redevelopment cost of Motilal Nagar is around Rs 36,000 crore, and the rehabilitation period is seven years from the project start/commencement date. The project will rehabilitate 3,372 residential units eligible under MHADA, 328 eligible commercial units and 1,600 eligible slum tenements.

SC refuses stay on Adani's Dharavi redevelopment project

SC refuses stay on Adani's Dharavi redevelopment project

Rediff.com7 Mar 2025

The Supreme Court of India has refused to halt the redevelopment project of Dharavi in Mumbai, allowing the Adani Group to proceed with their project. The court rejected a plea from Seclink Technologies Corporation, the original highest bidder for the project in 2018, which challenged the tender process and the award to Adani Properties Pvt Ltd in 2022. The court directed Adani Properties to make payments through a single bank account and ordered Seclink Technologies to file an affidavit detailing their increased offer for the project. The project work has already commenced, with constructions underway and 2,000 people employed on the site.

Relief for Siddaramaiah as HC dismisses plea seeking CBI probe into MUDA case

Relief for Siddaramaiah as HC dismisses plea seeking CBI probe into MUDA case

Rediff.com7 Feb 2025

Siddaramaiah, his wife, brother-in-law B M Mallikarjun Swamy, Devaraju -- from whom Swamy had purchased a land and gifted it to Parvathi -- and others have been named in the FIR registered by the Lokayukta police establishment, located in Mysuru on September 27, following the order of the Special Court that exclusively deals with criminal cases related to former and elected MPs/MLAs.

A Budget that balances prudence with growth: Birla

A Budget that balances prudence with growth: Birla

Rediff.com2 Feb 2025

Budget 2025-26 delivers a carefully calibrated strategy-stimulating demand and investment while keeping fiscal discipline intact. In an environment marked by global trade disruptions, and a softening in urban consumption, Finance Minister Nirmala Sitharaman has taken a measured approach.

Adani wins Rs 36,000-cr Mumbai project

Adani wins Rs 36,000-cr Mumbai project

Rediff.com12 Mar 2025

After the Dharavi slum redevelopment project, billionaire Gautam Adani's group has emerged as the highest bidder for the Rs 36,000 crore redevelopment of Motilal Nagar in Mumbai, sources said. Motilal Nagar I, II & III is one of Mumbai's biggest housing redevelopment projects, covering 143 acres in western suburb of Goregaon (W).

Indian student self-deports after US revokes visa for supporting Hamas

Indian student self-deports after US revokes visa for supporting Hamas

Rediff.com15 Mar 2025

Ranjani Srinivasan, a citizen and national of India, entered the United States on a F-1 student visa as a doctoral student in Urban Planning at Columbia University, the Department of Homeland Security said in a statement on Friday. It added that Srinivasan was "involved in activities supporting" Hamas, a terrorist organisation.

Starlink deal: What it actually means for Airtel, RIL

Starlink deal: What it actually means for Airtel, RIL

Rediff.com14 Mar 2025

India's biggest telecom players, Bharti Airtel and Reliance Industries-backed Jio Platforms, will soon bring billionaire Elon Musk-led SpaceX's Starlink satellite services to India. According to analysts, the move could boost India's tele density, especially in the rural areas, and may be an opportunity for investors to add the two stocks on dips for long-term gains

Elon Musk Takes Centrestage At Trump's Cabinet Meet

Elon Musk Takes Centrestage At Trump's Cabinet Meet

Rediff.com27 Feb 2025

Donald Trump held his first cabinet meeting of his second term, featuring a controversial appearance by Elon Musk, who stood wearing a "tech support" T-shirt.

5 Must Watch Titles From This Supergirl of Bollywood!

5 Must Watch Titles From This Supergirl of Bollywood!

Rediff.com27 Feb 2025

Sukanya Verma captures everything Reema Kagti has created so far and where you can watch it.

Bihar forms task force to combat child marriages

Bihar forms task force to combat child marriages

Rediff.com9 Mar 2025

The Bihar government has formed a state-level task force to monitor actions taken by authorities to prevent and eradicate child marriages in the state. Bihar has the second-highest rate of child marriage in India, with 40.8% of women getting married before turning 18. The government is implementing a multipronged strategy to combat child marriage, including stricter enforcement of the law, empowering girls through education, and raising awareness.

Indian Student fled US as immigration agents came knocking

Indian Student fled US as immigration agents came knocking

Rediff.com17 Mar 2025

Ranjani Srinivasan, an Indian student at Columbia University, has left the United States after her student visa was revoked over allegations of supporting Hamas. Srinivasan, a PhD student in Urban Planning, claims her visa was revoked for engaging in protected political speech. The Trump administration has been accused of targeting pro-Palestinian demonstrators through the use of federal immigration powers, and this case has drawn attention to the potential for free speech suppression in the United States.

Indian student in US arrested by masked agents from near home

Indian student in US arrested by masked agents from near home

Rediff.com20 Mar 2025

Badar Khan Suri, an Indian postdoctoral fellow at Georgetown University, is facing deportation after US authorities accused him of "spreading Hamas propaganda" and having "close connections to a suspected terrorist." The Department of Homeland Security claims Suri has been actively promoting antisemitism on social media and is connected to a senior Hamas advisor. Suri's lawyer, Hassan Ahmad, argues that his client is being targeted due to his wife's Palestinian heritage and their opposition to US foreign policy towards Israel. The incident follows the self-deportation of another Indian student from Columbia University who was also accused of supporting Hamas.

Delhi has become Aapda-mukt: Modi in victory speech

Delhi has become Aapda-mukt: Modi in victory speech

Rediff.com8 Feb 2025

Hailing the Bharatiya Janata Party's Delhi assembly polls victory as 'historic', Prime Minister Narendra Modi on Saturday launched a stinging attack on the Aam Aadmi Party and the Congress, saying the country needs a serious political transformation and not politics of 'dhoort-ta (deceit) and moorkhta (foolishness)'.

Indians Want To Make An Experience Of Every Trip

Indians Want To Make An Experience Of Every Trip

Rediff.com1 Apr 2025

'Adventure travel, cultural tours, and wellness retreats are in high demand.'

BJP counters with 'janata darbar' in Shinde's turf post warning

BJP counters with 'janata darbar' in Shinde's turf post warning

Rediff.com23 Feb 2025

Maharashtra Forest Minister and BJP leader Ganesh Naik will hold a 'janata darbar' in Thane, a stronghold of Deputy Chief Minister and Shiv Sena president Eknath Shinde, amid speculation of unease within the ruling Mahayuti alliance. The event, which will be held near the collector's office in Thane city, is being seen by some political circles as a direct challenge to the Shiv Sena's influence in the area. The BJP and Shiv Sena have been experiencing tensions in their relationship for the past few weeks, which came to the forefront with Shinde's recent warning to not take him lightly. The rivalry between Naik and Shinde goes back several years, with both competing to increase their influence in Thane. The event has been downplayed by Shiv Sena leaders, who emphasize that it is simply a public hearing to address grievances. However, the timing of the event and the recent tensions between the BJP and Shiv Sena have fueled speculation about its political significance.

India to be 3rd largest economy by 2028: Morgan Stanley

India to be 3rd largest economy by 2028: Morgan Stanley

Rediff.com13 Mar 2025

India will be the world's third-largest economy by 2028 as it becomes the world's most sought-after consumer market and gains share in global output, driven by macro stability influenced policy and better infrastructure, Morgan Stanley said. From a $3.5 trillion economy in 2023, the Indian economy is projected to expand to $4.7 trillion in 2026, which will make it the fourth largest in the world behind the US, China and Germany.

Lokayukta finds no evidence against Siddaramaiah, wife in MUDA case

Lokayukta finds no evidence against Siddaramaiah, wife in MUDA case

Rediff.com20 Feb 2025

The Lokayukta police probing the Mysore Urban Development Authority (MUDA) site allotment case on Wednesday said that the charges against Karnataka Chief Minister Siddaramaiah and his wife Parvathi could not be proved for want of evidence.

BJP sweeps Haryana civic polls, big setback for Cong

BJP sweeps Haryana civic polls, big setback for Cong

Rediff.com12 Mar 2025

The BJP registered emphatic victories in seven municipal corporations in Haryana, while its nominees were leading in two other civic bodies in the recently held elections. The Congress, which was hoping to improve its electoral fortunes after a defeat in the 2024 Assembly polls, suffered another setback. The BJP candidates won with large margins in Faridabad, Gurugram, Hisar, Karnal, Rohtak, Sonipat, and Ambala. The BJP was also leading in Yamunanagar and Panipat. In Manesar, an Independent candidate, Inderjeet Yadav, won the mayoral election. The results are seen as a major setback for the Congress, which has been facing internal turmoil and factionalism.

BJP Concedes AIADMK Demands In Eagerness For Alliance

BJP Concedes AIADMK Demands In Eagerness For Alliance

Rediff.com26 Mar 2025

EPS has had its way on most things, alliance-wise. A week earlier, he reiterated that he would not re-admit OPS and Sasikala Natarajan back in the party. It was a message not just to detractors in the AIADMK. It was even more so for the BJP leadership in Delhi. Even more important for the AIADMK was their demand for accepting EPS as the chief ministerial candidate of any alliance that the party would form, observes N Sathiya Moorthy.

US judge blocks Indian student's deportation over Hamas ties

US judge blocks Indian student's deportation over Hamas ties

Rediff.com21 Mar 2025

In his petition, Suri's lawyer said that he is being punished as his wife, who is a US citizen, is of Palestinian heritage and because the government suspects that he and his wife are against the US foreign policy towards Israel.

'BJP Won't Be Able To Form Government In Bengal in 2026'

'BJP Won't Be Able To Form Government In Bengal in 2026'

Rediff.com21 Apr 2025

'The BJP lacks a credible mass leader who matches Mamata Banerjee's popularity.' 'Given the division of votes among Opposition parties, the West Bengal government's dole-giving strategy, and the consolidation of the poor, significant sections of scheduled caste groups and Muslim minorities behind the ruling party, it will be difficult to dislodge the Trinamool from power.'

Some people trying to disturb peace by spreading venom of caste politics: Modi

Some people trying to disturb peace by spreading venom of caste politics: Modi

Rediff.com4 Jan 2025

Inaugurating the Grameen Bharat Mahotsav, the Prime Minister exuded confidence that villages will play a key role in pushing forward the dream of Viksit Bharat by 2047.

Q3 results preview: FMCG stocks vs capital goods sector

Q3 results preview: FMCG stocks vs capital goods sector

Rediff.com13 Jan 2025

Fast-moving consumer goods (FMCG) companies are expected to witness pressure on volumes in the October-December quarter. However, price hikes will help push up revenues, said brokerages.For India's largest engineering firm, Larsen and Toubro (L&T), the analysts expect a 20 per cent growth in consolidated revenue, and an 8.1 per cent core business Ebitda margin, up 40 bps from a year ago.

RBI sees 'sequential pickup in economic activity'

RBI sees 'sequential pickup in economic activity'

Rediff.com19 Feb 2025

High frequency indicators, like vehicles sales, air traffic, steel consumption and GST E-way bills, point towards a sequential pickup in momentum of economic activity during the second half of the fiscal 2024-25 and sustain moving forward, RBI Bulletin said on Wednesday. However, a strong dollar, driven by US economic resilience and trade policy pivots, could exacerbate capital outflows from emerging economies, push risk premiums higher, and intensify external vulnerabilities, said an article on 'State of the Economy' published in RBI's February bulletin.

Proposal to rename Mysuru road after Siddaramaiah sparks outrage

Proposal to rename Mysuru road after Siddaramaiah sparks outrage

Rediff.com25 Dec 2024

A proposal by the Mysuru City Corporation (MCC) to rename a stretch of road in the city after Karnataka Chief Minister Siddaramaiah has sparked strong objections from the opposition JD(S) and citizens. The proposal, which calls for naming a stretch of KRS Road as 'Siddaramaiah Arogya Marga', has been met with criticism, with the JD(S) calling it a "betrayal and insult" to the city's history and the state. The proposal has also drawn ire from RTI activist Snehamayi Krishna, who alleges that the road holds historical significance and that Siddaramaiah is an accused in the MUDA site allotment case. Citizens have also voiced their objections to the proposal, and Krishna has announced her intention to challenge it legally.

Why Kerala Opposes Sand Sea Mining

Why Kerala Opposes Sand Sea Mining

Rediff.com19 Apr 2025

If as critics point out, the environmental impact assessment study was commissioned only after the auction process got underway with not all the stakeholders getting to know of it, then the government has already compromised the trust it could have enjoyed with Kerala's public including its coastal communities, points out Shyam G Menon.

Amid buzz of defections, Uddhav dares Shinde to...

Amid buzz of defections, Uddhav dares Shinde to...

Rediff.com8 Feb 2025

Maharashtra Minister Uday Samant on Friday claimed that many leaders from the opposition Shiv Sena-UBT were in touch with his party and would be inducted in phases.