Nitin Kumar

All stories by Nitin Kumar

Will South Haryana Reward Rao Inderjit Singh?

Will South Haryana Reward Rao Inderjit Singh?

Rediff.com4 days ago

South Haryana hasn't delivered a chief minister since 1967, when his father Rao Birender Singh was ousted from power. It's a legacy Rao Inderjit Singh is determined to reclaim.

Maiden critical minerals auction: A modest showing

Maiden critical minerals auction: A modest showing

Rediff.com30 Sep 2024

In June last year, India unveiled its first list of 29 critical minerals open for private sector exploration and mining. Since then, 38 critical mineral blocks have been auctioned, but only 14 - less than 37 per cent - have found bidders. This modest achievement was secured only after the Centre conducted a second round of auctions when the first round fell flat, failing to attract the minimum required bidders.

Offshore mineral rules complicate selection but ease awarding

Offshore mineral rules complicate selection but ease awarding

Rediff.com27 Aug 2024

In a bid to capitalise on its underwater resources, the Indian government has introduced new rules for auctioning offshore mineral assets, aiming to ensure a transparent and competitive process. While these rules feature stringent eligibility criteria, they also simplify the awarding process. This move comes in the wake of the less-than-expected interest in critical mineral auctions.

Ola Electric's e-bike pricing sparks debate across EV industry

Ola Electric's e-bike pricing sparks debate across EV industry

Rediff.com19 Aug 2024

The launch of a range of electric motorbikes (e-bikes) by Bengaluru-based Ola Electric, a first for the company, has disconcerted the industry because the low price the firm claims to be offering has the potential to disrupt the market. On August 15, Ola unveiled its Roadster series e-bike with a starting-price at Rs 74,999. This new pricing undercuts the previous lowest price in the category, which was Rs 110,000.

Why EV sales set roads on fire in July

Why EV sales set roads on fire in July

Rediff.com2 Aug 2024

Sales of electric vehicles (EVs) in July touched 178,948 units, marking the highest monthly sales this financial year. This represents a 27.9 per cent increase from June, which saw 139,905 units sold, according to the Vahan data from the Ministry of Road Transport and Highways. The strong performance in July contributed to more than one million being sold in the first seven months of the calendar year.

Tiger Deaths Decline By 29 Percent

Tiger Deaths Decline By 29 Percent

Rediff.com31 Jul 2024

2023 was the worst for the tiger population, recording the highest number of mortalities in a decade with 178 tigers dying.

Area for critical minerals mining expanded

Area for critical minerals mining expanded

Rediff.com19 Jul 2024

The Centre has increased the area granted to individual players by more than four fold in order to boost mining of critical minerals. Issuing an order on Tuesday, the government said, for mining leases, the area has been expanded from the current limit of 10 sq km to 50 sq km. For prospecting licences (granted in the case of composite licence), the limit has been increased from 25 sq km to 100 sq km.

EMPS 2024: OEMs can claim incentives twice a month, Aadhaar mandatory

EMPS 2024: OEMs can claim incentives twice a month, Aadhaar mandatory

Rediff.com11 Jul 2024

The government has taken a slew of steps to boost the sales of electric two-wheelers and three-wheelers under its Electric Mobility Promotion Scheme (EMPS) 2024, which includes allowing manufacturers to upload claims twice a month and gives them a 120-day window to submit it. The Rs 500-crore scheme -- which had replaced the flagship Faster Adoption and Manufacturing of Electric Vehicles (FAME) scheme-- comes to an end on July 31st.

EMPS 2024: Only 3.6% vehicle sales target met

EMPS 2024: Only 3.6% vehicle sales target met

Rediff.com8 Jul 2024

The Rs 500-crore Electric Mobility Promotion Scheme (EMPS) 2024, introduced by the Centre to provide incentives to the electric mobility industry, will conclude on July 31 with barely 3.6 per cent of the targeted vehicle sales achieved so far. This is in stark contrast to the earlier flagship Faster Adoption and Manufacturing of Electric Vehicles (FAME) scheme, which exceeded its sales targets. According to data from the Ministry of Heavy Industry (MHI), only 13,499 of the 372,215 targeted vehicles have been sold under the EMPS scheme.

Why EV Sales Dropped To 14%

Why EV Sales Dropped To 14%

Rediff.com2 Jul 2024

So far this year, around 839,545 electric vehicles have been sold, accounting for approximately 6.69% of the total 12,541,684 vehicles sold.

India's maiden critical mineral auctions: Who are the participants?

India's maiden critical mineral auctions: Who are the participants?

Rediff.com27 Jun 2024

India on Monday announced the results for the country's first critical mineral auction. Amid the tepid response from big players, the list of successful bidders included some lesser known names. A total of five companies secured bids for six critical mineral blocks of graphite, manganese, phosphorite, lithium, and rare earth elements with auction premiums ranging from 13.05 per cent to 400 per cent.

Mining majors give a miss to country's maiden critical minerals auction

Mining majors give a miss to country's maiden critical minerals auction

Rediff.com25 Jun 2024

The maiden, critical mineral auction in India has failed to enthuse the mining industry, with the first tranche achieving less than a 50 per cent success rate and the auction of several mines was cancelled owing to low response. The results, announced by the Ministry of Mines on Monday, showed that six lesser-known companies emerged as preferred bidders. Among these were Agrasen Sponge, Kundan Gold Mines, Dalmia Bharat Refractories, Sagar Stone Industries, and Maiki South Mining.

Paris Olympics Will Be HOT!

Paris Olympics Will Be HOT!

Rediff.com19 Jun 2024

Athletes and climate experts have expressed concerns that extreme heat could lead to severe health issues, including the risk of sportspeople collapsing or, in the worst-case scenarios, dying during the events.

Tata ev's Punch, Nexon Scores 5 In Crash Test

Tata ev's Punch, Nexon Scores 5 In Crash Test

Rediff.com14 Jun 2024

The Punch.ev achieved the highest score point ever recorded by any vehicle to date, scoring 31.46 out of 32 for adult occupant protection and 45 out of 49 for child occupant protection.

Green Mobility To Get Bigger Boost Under Modi 3.0

Green Mobility To Get Bigger Boost Under Modi 3.0

Rediff.com10 Jun 2024

As Modi's government embarks on its third term, apart from ensuring these schemes boost India's green mobility, addressing bottlenecks like battery swapping and meeting PLI deadlines are likely to be the government's major tasks.

India eyes multiple mineral pacts with about a dozen countries in Africa

India eyes multiple mineral pacts with about a dozen countries in Africa

Rediff.com8 Jun 2024

India is planning to soon sign new and updated mineral pacts with about a dozen countries in Africa. The Ministry of Mines is in discussions with Cte d'Ivoire, Democratic Republic of the Congo (DRC), Madagascar, Malawi, Mali, Morocco, Mozambique, South Africa, Tanzania, Zambia and Zimbabwe, Business Standard has learnt. Negotiations are ongoing with around a dozen countries, and more will be added to the list soon.

Hero Electric, Benling barred from all EV incentive schemes

Hero Electric, Benling barred from all EV incentive schemes

Rediff.com29 May 2024

The Ministry of Heavy Industries (MHI) has debarred Hero Electric and Benling India, two defaulters under its flagship Faster Adoption and Manufacturing of Electric Vehicles in India Phase-II (FAME-II) scheme, from participating in any of its incentive programmes in future. This action follows the ministry's findings that the phased manufacturing programme (PMP) guidelines were violated by these two companies, senior officials told

It's Going To Get Hotter In India

It's Going To Get Hotter In India

Rediff.com22 May 2024

More than 80 per cent of Indians live in districts vulnerable to climate risks. Among these, Assam, Andhra Pradesh, Maharashtra, Karnataka, and Bihar are the most vulnerable states to extreme climate events.

Is India's Marble Industry Facing A Bleak Future?

Is India's Marble Industry Facing A Bleak Future?

Rediff.com9 May 2024

'Every year, the marble industry is shrinking due to tiles. It has already decreased by 20-25 per cent in recent years.'

Tesla begins formal talks with govt

Tesla begins formal talks with govt

Rediff.com19 Apr 2024

In its first official engagement with the Indian government, Elon Musk-led Tesla and other global automotive (auto) manufacturers sought clarification on the new electric vehicle (EV) policy, specifically regarding investment guidelines and the timeline for the domestic value addition (DVA) requirement. Officials who attended the meeting told Business Standard that the original equipment manufacturers (OEMs) tried to understand whether the complete investment would be made within three or five years and the duration they would have to achieve the 50 per cent DVA. "The consultation meeting was convened to address queries from auto OEMs.

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