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Why it won't be easy for Tesla to drive into India

Why it won't be easy for Tesla to drive into India

Rediff.com10 Mar 2024

India will not tailor its policies to suit US EV maker Tesla, and its laws and tariff rules will be formulated to attract all-electric vehicle manufacturers from across the world to set up a base in the world's fastest-growing economy, Commerce and Industry Minister Piyush Goyal said. Tesla has been seeking an initial tariff concession that would allow it to offset 70 per cent customs duty for cars priced less than $40,000, and 100 per cent for cars of higher value.

Indian Wells Tennis PICS: Djokovic makes winning return

Indian Wells Tennis PICS: Djokovic makes winning return

Rediff.com10 Mar 2024

Gauff survives scare, Osaka advances

'Sukhu govt will fall': 11 Himachal MLAs reach Uttarakhand

'Sukhu govt will fall': 11 Himachal MLAs reach Uttarakhand

Rediff.com9 Mar 2024

Six Himachal Pradesh Congress MLAs who voted against party nominee Abhishek Manu Singhvi in the Rajya Sabha elections, along with three Independent lawmakers, have shifted to a hotel in Bharatiya Janata Party-ruled Uttarakhand amid an ongoing rebellion against Chief Minister Sukhvinder Singh Sukhu.

Drop in onion and potato output; tomato slightly up

Drop in onion and potato output; tomato slightly up

Rediff.com9 Mar 2024

Onion and potato production is expected to be down in the 2023-24 crop year, while the tomato output could be marginally higher, the Department of Agriculture's first advance estimates of horticultural output released on Thursday showed. "Production of onion in 2023-24 is expected to be around 25.47 million tonnes compared to around 30.20 million tonnes last year due to a decrease of 3.43 million tonnes in Maharashtra, 0.99 million tonnes in Karnataka, 0.35 million tonnes in Andhra Pradesh and 0.31 million tonnes in Rajasthan," the official statement by the department of agriculture said.

PIX: Sinner shines; Swiatek crushes Collins

PIX: Sinner shines; Swiatek crushes Collins

Rediff.com9 Mar 2024

World number one Iga Swiatek blasted past American Danielle Collins 6-3, 6-0.

Jaishankar hands over personal letter from Modi to Shinzo Abe's wife

Jaishankar hands over personal letter from Modi to Shinzo Abe's wife

Rediff.com8 Mar 2024

External Affairs Minister S Jaishankar on Friday met Akie Abe, the wife of Japan's late Prime Minister Shinzo Abe and recalled the late premier's invaluable contribution to the advancement of India-Japan relations.

Bristol Open Squash: Urwashi Joshi enters quarters

Bristol Open Squash: Urwashi Joshi enters quarters

Rediff.com8 Mar 2024

Urwashi Joshi upset second-seeded Australian Sophie Fadaely 3-2 to advance to the quarter-finals.

Nagal loses to Raonic in Indian Wells first round

Nagal loses to Raonic in Indian Wells first round

Rediff.com8 Mar 2024

Sumit Nagal was handed a straight-set defeat by Canada's Milos Raonic in the opening round of the BNP Paribas Open.

Tractor stocks may have bumpy ride in near-term; stay selective: Analysts

Tractor stocks may have bumpy ride in near-term; stay selective: Analysts

Rediff.com8 Mar 2024

After a stellar run on the bourses that saw tractor stocks rise up to 52 per cent, analysts are turning cautious on the sector as muted demand trends may weigh in the near-term. Total volumes in the tractor segment for the last three quarters of the current financial year (9MFY24) have remained weak with VST Tillers, Escorts Kubota, and M&M seeing declines of 21 per cent, 5 per cent, and 3 per cent year-on-year (Y-o-Y), respectively, during the period, amid patchy rainfall, delayed crop harvest, and lower reservoir level. Across industry, total domestic sales volume so far in the current financial year (April '23 to January '24) has declined 5 per cent Y-o-Y, as per Tractor Manufacturers Association (TMA).

US wants competition with China, but not...: Biden

US wants competition with China, but not...: Biden

Rediff.com8 Mar 2024

Biden said America is in a stronger position to win the competition for the 21st Century against China.

Which Way Will Kerala Vote In 2024?

Which Way Will Kerala Vote In 2024?

Rediff.com8 Mar 2024

In a state where thin margins and minor swings decide electoral outcomes, nothing can be left to chance, even for those relishing the cocooned life, observes Shyam G Memon.

Maldives assumes control of Indian chopper, civilian crew post military exit

Maldives assumes control of Indian chopper, civilian crew post military exit

Rediff.com7 Mar 2024

The principal director of plans, policy, and resources management for the Maldives National Defence Force, Colonel Ahmed Mujuthaba Mohamed said that discussions are underway for withdrawing Indian troops from the Maldives.

French Open: Sindhu's stunning comeback seals quarters spot

French Open: Sindhu's stunning comeback seals quarters spot

Rediff.com7 Mar 2024

PV Sindhu produced another impressive show as she rallied to a three-game win over USA's Beiwen Zhang to advance to the women's singles quarterfinals

Modi says J-K breathes freely after Art 370 abrogation; silent on polls

Modi says J-K breathes freely after Art 370 abrogation; silent on polls

Rediff.com7 Mar 2024

After inaugurating development projects worth nearly Rs 5,000 crore for boosting the agri-economy in the Union territory, Modi said he was "elated to be among the wonderful people of Srinagar".

Nadal's withdrawal proves 'lucky' for Nagal

Nadal's withdrawal proves 'lucky' for Nagal

Rediff.com7 Mar 2024

Sumit Nagal got the big break as he was the highest ranked player in that draw.

Trinamool list: Shatrughan, Mahua likely to be retained

Trinamool list: Shatrughan, Mahua likely to be retained

Rediff.com7 Mar 2024

The Trinamool Congress's candidate selection for the upcoming Lok Sabha polls is expected to prioritise the nominee's winnability, public image and sitting MPs' performance, while also reflecting the internal debate on whether experienced leaders should make way for the younger generation.

Analysts remain selective about space-related stocks

Analysts remain selective about space-related stocks

Rediff.com7 Mar 2024

Recently, the government relaxed foreign direct investment (FDI) norms for the space sector by allowing 100 per cent FDI in manufacture of components, systems or sub-systems for satellites, ground segments, and user segments. It also permitted 74 per cent FDI in satellite manufacturing and operation as well as satellite data products and 49 per cent in development of launch vehicles and spaceports. Following this, stocks of related companies saw an uptick on the bourses.

Srikanth stuns Chou Tien Chen, Sindhu through

Srikanth stuns Chou Tien Chen, Sindhu through

Rediff.com6 Mar 2024

Kidambi Srikanth progressed to the men's singles second round with a stunning win over Chinese Taipei's Chou Tien Chen.

Centre must be concerned about states' finances: SC

Centre must be concerned about states' finances: SC

Rediff.com6 Mar 2024

Fiscal mismanagement by states is an issue the union government has to be concerned about as it impacts the nation's economy, the Supreme Court observed on Wednesday and advised the Centre and the Kerala government to iron out their differences on a cap on net borrowing by the southern state.

Banking system liquidity goes into surplus mode after 3 months

Banking system liquidity goes into surplus mode after 3 months

Rediff.com6 Mar 2024

The liquidity in the banking system moved into surplus almost after three months as the Reserve Bank of India (RBI) absorbed over Rs 40,000 crore from the market on Monday, predominantly on the back of increased government spending. However, this situation may be short-lived given the higher demand for funds to pay taxes and year-end targets, treasury executives said. Meanwhile, two variable reverse repo rate (VRRR) auctions held on Tuesday received weak response.

Mbappe dismisses talk of rift with coach Luis Enrique

Mbappe dismisses talk of rift with coach Luis Enrique

Rediff.com6 Mar 2024

Kylian Mbappe said he has "no problems" with manager Luis Enrique after playing the full 90 minutes for Paris St Germain on Tuesday for the first time since Feb. 14, the forward scoring both goals in their 2-1 Champions League win at Real Sociedad.

Chahar knocked out of World Olympic Boxing Qualifier

Chahar knocked out of World Olympic Boxing Qualifier

Rediff.com5 Mar 2024

Lakshya Chahar became the fourth Indian boxer to crash out in the opening round of the first World Olympic Boxing Qualifier.

French Open: Satwik-Chirag, Treesa-Gayatri advance

French Open: Satwik-Chirag, Treesa-Gayatri advance

Rediff.com5 Mar 2024

Satwiksairaj Rankireddy and Chirag Shetty advanced to the second round of French Open Super 750 badminton tournament.

Can We Fight China With Such A Budget?

Can We Fight China With Such A Budget?

Rediff.com5 Mar 2024

India has allocated Rs 1.72 trillion, or 27.67 per cent of the total defence budget to cater to modernisation of the country's arsenal. Modern militaries spend up to 50 to 60 per cent of their total defence budget so that they go into combat with superior weaponry and equipment.

Russia's Unease Over India-US Proximity

Russia's Unease Over India-US Proximity

Rediff.com5 Mar 2024

The scaling up of the India-US strategic partnership to the level of non-NATO ally with defence deals, sharing and transfer of defence technology, interoperability, joint collaboration and joint production of defence equipment has exacerbated Moscow's anxiety, notes Rup Narayan Das.

As India pulls out, China moves into Maldives with free military aid

As India pulls out, China moves into Maldives with free military aid

Rediff.com4 Mar 2024

China on Monday signed a defence cooperation agreement with the Maldives to provide free military assistance to foster "stronger" bilateral ties with Male, weeks after President Mohamed Muizzu set a deadline for the withdrawal of the first group of Indian military personnel from his island nation.

Acid attack on 3 girl students in K'taka college, one critical; youth held

Acid attack on 3 girl students in K'taka college, one critical; youth held

Rediff.com4 Mar 2024

During interrogation, Shibi told the police that the main victim had spurned his amorous advances, and he took this "extreme step to show his disappointment in love."

In JMM bribery case SC upholds need to review earlier verdicts

In JMM bribery case SC upholds need to review earlier verdicts

Rediff.com4 Mar 2024

In its landmark verdict which held that MPs and MLAs taking bribe to vote or make a speech in the House are not immune from prosecution, the apex court said its ability to reconsider its decisions was necessary for the organic development of law and the advancement of justice. The apex court verdict overturned the 1998 judgment of the court in the JMM bribery case.

Startups call for swift measures to ensure robust safety

Startups call for swift measures to ensure robust safety

Rediff.com4 Mar 2024

The blast at The Rameshwaram Caf has caused distress and concern among the startup and information technology (IT) community, raising questions related to safety and security. Approximately 10 people were reportedly injured in a low-intensity bomb blast at The Rameshwaram Caf, a popular restaurant in Bengaluru's Brookfield. The surrounding area is a major hub for the Indian technology (tech) industry, housing many startups and top IT companies such as IBM, SAP, Accenture, International Tech Park Bangalore, and Prestige Technostar.

Unclaimed insurance funds higher in agent-sold policies: Analysts

Unclaimed insurance funds higher in agent-sold policies: Analysts

Rediff.com4 Mar 2024

The unclaimed funds within the life insurance sector are higher from policies sold by agents as against other channels like bancassurance or a digital platform, said analysts and officials from insurance companies. Unclaimed life insurance funds refer to the proceeds of insurance policies including death or survival benefits not claimed by the beneficiary or the policyholder. Bancassurance means selling an insurance product through banks.

Business rivalry behind Bengaluru cafe blast? What HM said

Business rivalry behind Bengaluru cafe blast? What HM said

Rediff.com3 Mar 2024

The explosion took place at Rameshwaram Cafe in Brookefield in East Bengaluru on Friday. A man wearing a cap, mask and glasses is the prime suspect in the case and is still untraceable,

Broken heart led to blast at Bengaluru cafe, hints govt

Broken heart led to blast at Bengaluru cafe, hints govt

Rediff.com2 Mar 2024

At this moment it is not possible to say whether any organisation or an individual was involved, the home minister said. There were certain theories during his visit to the cafe on Friday night, expressing suspicion that someone might have done it out of 'heartburn', unable to digest the cafe's success and expansion.

Can't say yet if an outfit was behind Bengaluru blast: Karnataka HM

Can't say yet if an outfit was behind Bengaluru blast: Karnataka HM

Rediff.com2 Mar 2024

Karnataka Home Minister G Parameshwara on Saturday said the police are conducting in-depth investigation into the bomb blast at the Rameshwaram Cafe and are looking into all angles.

India to buy 200 BrahMos, MiG 29 engines in Rs 39K cr deal

India to buy 200 BrahMos, MiG 29 engines in Rs 39K cr deal

Rediff.com1 Mar 2024

The contracts for the procurement of the platforms and weapons systems were signed in the presence of Defence Minister Rajnath Singh and defence secretary Giridhar Aramane, under whose guidance these deals fructified, an official readout said.

SC turns down Asaram's plea to suspend rape sentence on health grounds

SC turns down Asaram's plea to suspend rape sentence on health grounds

Rediff.com1 Mar 2024

Justice Khanna also flagged "deliberate attempts" by Asaram to delay the hearing of his appeal before the high court against his conviction and sentence in the case.

SC refuses to admit Asaram's plea to suspend sentence

SC refuses to admit Asaram's plea to suspend sentence

Rediff.com1 Mar 2024

The Supreme Court on Friday refused to entertain a plea of self-styled godman Asaram, serving life term in a rape case, for suspension of the sentence because of his deteriorating health condition.

Tejas Gets More Sophisticated

Tejas Gets More Sophisticated

Rediff.com1 Mar 2024

The Mark-1A will be more sophisticated and capable than the Tejas Mark-1.

Bandhan Bank's micro challenges: Unsecured loan book, CEO's tenure

Bandhan Bank's micro challenges: Unsecured loan book, CEO's tenure

Rediff.com1 Mar 2024

It is 10 years since Bandhan Financial Services became the first microfinance institution (MFI) to receive the universal bank licence. A year later, in 2015, it started operations. Bandhan's entry into banking was seen as a vote of confidence by the Reserve Bank of India (RBI) for the country's microfinance sector. Subsequently, the RBI awarded small finance bank licences to nine MFIs.

Tatas' Gujarat semiconductor fab will create over 20K jobs

Tatas' Gujarat semiconductor fab will create over 20K jobs

Rediff.com29 Feb 2024

Tata Electronics' Rs 91,000 crore semiconductor fab in Dholera, Gujarat, in partnership with PSMC, will generate over 20,000 direct and indirect skilled jobs in the region and construction of the mega unit is expected to begin this year, according to a statement on Thursday. The planned unit - India's first commercial fab, marks Tata Electronics' entry into the global semiconductor industry. Tata Electronics said it is "proud to lead India's entry into global semiconductor fabrication".

Manufacturing pushes Q3 growth to 8.4%; FY24 GDP pegged at 7.6%

Manufacturing pushes Q3 growth to 8.4%; FY24 GDP pegged at 7.6%

Rediff.com29 Feb 2024

India's economic growth accelerated to 8.4 per cent in the third quarter of 2023-24, mainly due to good performance by the manufacturing, mining & quarrying and construction sectors. The Indian economy recorded a growth of 8.4 per cent in the third quarter of this fiscal (October-December 2023), according to data released by the National Statistical Office (NSO) on Thursday.

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