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Govt reshuffles bureaucrats, Air India chairman is aviation secretary

Govt reshuffles bureaucrats, Air India chairman is aviation secretary

Rediff.com22 Sep 2021

Air India Chairman Rajiv Bansal has been appointed as the new aviation secretary as part of a major top-level bureaucratic reshuffle effected by the Centre on Wednesday. K Rajaraman, additional secretary in the department of economic affairs, has been appointed as secretary, department of telecommunications, a personnel ministry order said.

Why implementing stricter e-com rules won't be easy

Why implementing stricter e-com rules won't be easy

Rediff.com22 Sep 2021

There is a significant difference of opinion within the government on the draft e-commerce rules put out by the consumer affairs ministry, a top government official said on Wednesday and flagged concerns that continuous change of the policy causes a great deal of uncertainty. The official said that unnecessary fear is created that the government's current e-commerce policy is hurting small traders. "There is a significant difference of opinion within the government on the draft Consumer Protection (e-commerce) Rules put out by the consumer affairs ministry... Continuous change of the policy causes a great deal of uncertainty," the official said on the condition of anonymity.

Will Farmers Defeat BJP?

Will Farmers Defeat BJP?

Rediff.com21 Sep 2021

Extended rounds of negotiations having failed, farm leaders now reckon that their best chance to pressure the government lay in defeating the BJP in the coming assembly poll, particularly in UP, observes Virendra Kapoor.

Trials find Covid vax safe for kids aged 5-11 yrs: Pfizer, BioNTech

Trials find Covid vax safe for kids aged 5-11 yrs: Pfizer, BioNTech

Rediff.com20 Sep 2021

Pfizer and BioNTech SE on Monday said trial results of COVID-19 vaccine showed that it is safe and produced robust neutralising antibody response in children aged five to 11 years, and they plan to seek regulatory approvals as soon as possible.

Does Modi have an Economic Road Map?

Does Modi have an Economic Road Map?

Rediff.com17 Sep 2021

Pragmatism and flexibility is a virtue. An untethered and short-term approach to policymaking is a flaw, argues Mihir S Sharma.

Qualcomm's chips to power Ola's electric scooters

Qualcomm's chips to power Ola's electric scooters

Rediff.com15 Sep 2021

From powering mobile devices, US chip designer Qualcomm has tied up with Ola Electric to power its electric scooters. Qualcomm is providing the key 4G connected octa core android platform which provides connectivity, computing capabilities and enables rich immersive displays with power saving software.

HOT Hairstyles To Amaze You!

HOT Hairstyles To Amaze You!

Rediff.com15 Sep 2021

Attendees at the 2021 Met Gala in New York showed us how to make a bold hair statement on the red carpet.

Bad loans of banks may cross Rs 10 lakh crore by FY22 end

Bad loans of banks may cross Rs 10 lakh crore by FY22 end

Rediff.com14 Sep 2021

Banks' bad loans might cross Rs 10 lakh crore by the end of this fiscal, mainly on account of slippages in retail and MSME sectors, a study said on Tuesday. "NPAs are expected to rise to 8.5-9 per cent by March 2022, driven by slippages in retail, Micro, Small and Medium Enterprise (MSME) accounts, besides some restructured assets," the study by industry body Assocham and ratings firm Crisil said. The study titled 'Reinforcing the Code' said the Gross Non-Performing Assets (GNPAs) of banks are expected to cross Rs 10 lakh crore by March 2022.

NHRC notices to Centre, 4 states over farmers' protest

NHRC notices to Centre, 4 states over farmers' protest

Rediff.com14 Sep 2021

The NHRC said that it has received several complaints regarding the ongoing farmers' protest.

Centre's Taliban Response Puts UP BJP in A Fix

Centre's Taliban Response Puts UP BJP in A Fix

Rediff.com14 Sep 2021

The pressure on Delhi mellowed Lucknow's ruling dispensation's initial enthusiasm to try and draw electoral mileage from the developments in Afghanistan.

The Mudra Mela Muddle

The Mudra Mela Muddle

Rediff.com13 Sep 2021

Not only has the Mudra loan mela generated no jobs, it has frittered away trillions of taxpayers' money and it's time to bury the scheme, argues Debashis Basu.

Review: PLAYGO BH47 headphones

Review: PLAYGO BH47 headphones

Rediff.com9 Sep 2021

When it comes to performance and affordability, how do these Indian headphones fare when compared popular international brands like JBL and Sennheiser?

How Taliban's funding continued over 20 years

How Taliban's funding continued over 20 years

Rediff.com9 Sep 2021

In fact, the Taliban apparently collects about 10 per cent as cultivation tax from opium farmers and 15 per cent as heroin tax from laboratories and smugglers that smuggle narcotics into Pakistan. This, by itself, is a revenue stream estimated at USD 250-300 million.

Why Rane's slap remark will help Shiv Sena more than BJP

Why Rane's slap remark will help Shiv Sena more than BJP

Rediff.com6 Sep 2021

With Narayan Rane, the BJP looks to expand its footprint in Mumbai and Konkan. But a perceived self-goal by him may have galvanised the restive Shiv Sena cadre and voters to coalesce around their party. Dhaval Kulkarni reports

How to identify fake vaccine: Centre issues parameters

How to identify fake vaccine: Centre issues parameters

Rediff.com5 Sep 2021

The Centre has shared a set of parameters with all states and UTs to enable service providers and monitoring teams under the national COVID-19 vaccination programme to identify any fake COVID-19 vaccines so that they are not administered in the country.

Army, Navy, IAF to induct DRDO-developed drone system

Army, Navy, IAF to induct DRDO-developed drone system

Rediff.com3 Sep 2021

In order to have protection against drone attacks, all the three defence forces including the Army, Navy and Air Force have signed contracts for acquiring DRDO-developed anti-drone systems.

The Mystery of Narayana Murthy's Retail Biz

The Mystery of Narayana Murthy's Retail Biz

Rediff.com2 Sep 2021

In a short span of time, with the help of Amazon, Cloudtail was able to devise a model that could protect it from the vagaries of online retail business.

Will end of Bezos-Murthy's e-com JV hit Amazon's biz?

Will end of Bezos-Murthy's e-com JV hit Amazon's biz?

Rediff.com27 Aug 2021

Last year in January at Amazon's flagship event Smbhav, Infosys Co-founder N R Narayana Murthy had to shorten his keynote speech from 20 minutes to about five because the event was delayed by 1.5 hours. "I will try to finish it in five minutes, because I am not used to delays," said Murthy, while addressing hundreds of micro, small and medium enterprises (MSMEs) about building businesses that last. In the audience was Amazon founder Jeff Bezos. Murthy referred to Bezos' prediction that the 21st century will be the Indian century. "That confidence enhances our enthusiasm," said Murthy. The relationship between Murthy and Bezos dates to 2014, when Prione, a 49:51 joint venture (JV) between Amazon and Murthy's venture capital company Catamaran, was formed.

How Walmart plans to triple sourcing from India

How Walmart plans to triple sourcing from India

Rediff.com27 Aug 2021

Walmart, the world's largest retailer, is tripling its sourcing from India to about $10 billion a year by 2027, said Judith McKenna, president, and chief executive officer of Walmart International, the segment which includes the company's operations outside the US. "To achieve this, we are growing our sourcing team in India," said McKenna, during a fireside chat with YourStory founder Shradha Sharma at Converge@Walmart, the flagship event of Walmart Global Tech India. "Walmart has a 20-year history of sourcing from India and already exports more than $3 billion worth of Made-in-India goods each year to 14 markets worldwide." McKenna said the company has expertise in processes such as international standards and demand forecasting that businesses need to get ready to export.

Genome firm says delta variants spreading to states

Genome firm says delta variants spreading to states

Rediff.com26 Aug 2021

AY.12, a sub-lineage of Delta which is driving fresh cases in Israel, is being seen in many states in the country but the numbers need a closer examination, INSACOG, a genome sequencing consortium, has said in its latest bulletin.

Drone rules eased: 5 forms, fees lowered, no curbs on foreign firms

Drone rules eased: 5 forms, fees lowered, no curbs on foreign firms

Rediff.com26 Aug 2021

The ministry of civil aviation has eased the rules regarding drone operations in the country by reducing the number of forms that need to be filled to operate them from 25 to 5 and the decreasing the types of fees charged from the operator from 72 to 4.

I'm not an ordinary man: Rane on impending arrest

I'm not an ordinary man: Rane on impending arrest

Rediff.com24 Aug 2021

Union minister Narayan Rane on Tuesday defended his remarks against Maharashtra Chief Minister Uddhav Thackeray, saying he hasn't committed any crime by making them.

How top realtors plan to transform Central Mumbai

How top realtors plan to transform Central Mumbai

Rediff.com22 Aug 2021

One of Mumbai's biggest real estate redevelopment projects of Bombay Development Directorate's (BDD's) chawls (large buildings divided into many separate tenements, offering cheap, basic accommodation) has taken off in Central Mumbai, opening up a Rs 20,000-crore opportunity for real estate companies. It is expected to drive down real estate prices in Central Mumbai by up to 25 per cent, forecast real estate experts. Spread over 92 acres in Central Mumbai's prime localities of Worli, Lower Parel, and Dadar and consisting 195 four-storey houses, the BDD chawls were constructed in the 1920s.

Crisil ups India Inc's credit outlook to 'positive'

Crisil ups India Inc's credit outlook to 'positive'

Rediff.com18 Aug 2021

Crisil Ratings on Wednesday said a broad-based recovery is on for India Inc currently, and upgraded its credit quality outlook to 'positive' from the earlier 'cautiously optimistic'. The rating agency said the credit ratio, which illustrates the number of upgrades to downgrades, rose to over 2.5 times in the first four months of the fiscal, as compared to 1.33 times in the second half of FY21, it said in a statement. The rating agency said it has also done a study of 43 sectors, excluding the financial sector, accounting for 75 per cent of the overall Rs 36 lakh crore in outstanding debt, which shows that the current recovery is broad-based.

Pandemic has IFC pumping $1.7 bn in India

Pandemic has IFC pumping $1.7 bn in India

Rediff.com17 Aug 2021

The pandemic has led to the International Finance Corporation massively ramping up its impact investment in the country - its largest client nation globally - at $1.7 billion as of June, a 51 per cent rise over the past 12 months, the largest developmental lender into third world private sector said on Tuesday. This is nearly half of its investment in the whole of South Asia since the pandemic, which touched $3.8 billion as of June 2021, it said. "Our total commitment to India, which is our largest client country globally, at the end of June stood at $1.7 billion representing an increase of over 51 per cent from last year," IFC vice-president for Asia and the Pacific region Alfonso Garcia Mora said in a statement.

Security tightened in Delhi ahead of I-Day

Security tightened in Delhi ahead of I-Day

Rediff.com14 Aug 2021

Anti-sabotage checks are being carried out and patrolling has been intensified across the city, including on the Yamuna river where patrolling is being conducted on motor boats by the Delhi Police. Anti-terrorist measures are being carried out in view of threat perception and intelligence inputs, they said.

NSG, SWAT teams, drones: Delhi preps for PM's speech

NSG, SWAT teams, drones: Delhi preps for PM's speech

Rediff.com13 Aug 2021

A multi-layered security cover has been put in place to secure the historic Red Fort from where Prime Minister Narendra Modi will address the nation on the 75nd Independence Day on Sunday.

Red flag goes up in Chennai: Two major Covid clusters emerge

Red flag goes up in Chennai: Two major Covid clusters emerge

Rediff.com13 Aug 2021

A gated community in Sholinganallur in Chennai has emerged as the second major Covid-19 cluster, seen as different from the first one at Kilpauk which was a religious gathering.

PM hails women power, releases over Rs 1600 cr for self-help groups

PM hails women power, releases over Rs 1600 cr for self-help groups

Rediff.com12 Aug 2021

Faulting previous governments for not taking adequate measures to economically empower women in the country, Prime Minister Narendra Modi on Thursday said his government was constantly creating an environment in which women self-help groups can connect villages with prosperity as he released Rs 1,625 crore as capitalisation support fund to over four lakh such groups. In a virtual interaction with the women self-help groups (SHGs) under the "Aatmanirbhar Narishakti se Samvad" (dialogue with self-reliant women) initiative, Modi said in a changing India, opportunities are increasing for women to move forward. The movement of woman SHGs has intensified in the last 6-7 years with over 70 lakh of them working across the country, a figure over three times more than earlier, he said, adding over eight crore women are connected with these groups.

Narayana Murthy urged to extend support to antitrust probe against Amazon

Narayana Murthy urged to extend support to antitrust probe against Amazon

Rediff.com11 Aug 2021

Indian Sellers Collective (ISC), a trade association of micro and small enterprises and family businesses, on Wednesday urged IT veteran NR Narayana Murthy to cooperate in the Competition Commission of India's antitrust probe against Amazon for alleged anti-competitive practices. In 2014, Murthy's Catamaran and Amazon had formed a joint venture, Prione Business Services. On Monday, the partners announced that they have mutually decided not to continue the JV beyond May 2022. ISC thanked Murthy for deciding to end the joint venture with Amazon.

IMD may deploy cutting-edge tech to forecast weather accurately

IMD may deploy cutting-edge tech to forecast weather accurately

Rediff.com3 Aug 2021

IMD has decided to increasingly use cutting-edge technology such as artificial intelligence (AI) and machine learning (ML) in forecasting, both to avoid such glitches and to counter the disruption of normal seasonal patterns as a result of climate change. It has formed various internal sub-groups of senior officials and meteorologists to decide on how best to use AI and ML in predicting cyclone intensity, and in making short-range weather forecasts (those valid for up to three hours) as well as long-range forecasts.

Middle Class STOPPED GROWING Under Modi

Middle Class STOPPED GROWING Under Modi

Rediff.com2 Aug 2021

Like on Pegasus, like Covid, there have been no answers from the government about why the situation on the economy and India's future is where it is today, notes Aakar Patel.

Parliament adjourned for the day over Pegasus protests

Parliament adjourned for the day over Pegasus protests

Rediff.com29 Jul 2021

Lok Sabha on Thursday passed two bills before the proceedings were adjourned for the day amid continuous protests by opposition members over the Pegasus spying row and farmers' issue.

Stimulus package for economic revival 'inadequate': Par panel

Stimulus package for economic revival 'inadequate': Par panel

Rediff.com28 Jul 2021

The stimulus package announced by the government for the revival of the pandemic-hit economy has been found to be "inadequate", according to a Parliamentary panel report. The report of the department-related Parliamentary Standing Committee on Industry on the impact of COVID-19 pandemic on micro, small and medium enterprises (MSME) sector has noted that in the process of economic recovery post-first wave of the pandemic, the second wave has even more vigorously ripped the economy particularly the MSME sector. "The committee observes that the stimulus package announced by the government for the economic revival from the pandemic hit economy has been found to be inadequate as the measures adopted were more of loan offering and long-term measures instead of improving the cash flow to generate demand as immediate relief," it said.

Kerala CM says extreme poverty to be eradicated in 5 years

Kerala CM says extreme poverty to be eradicated in 5 years

Rediff.com28 Jul 2021

"A first step in this direction is the new project launched by Kerala to eradicate extreme poverty. A survey, that is being conducted as part of it, will be completed within four months," the CM said.

Navy's new submarines will cost $1 bn each

Navy's new submarines will cost $1 bn each

Rediff.com28 Jul 2021

Building 6 conventional submarines is one of the Indian Navy's most important weapon construction programmes.

No plan to print currency notes to tide over crisis: Sitharaman

No plan to print currency notes to tide over crisis: Sitharaman

Rediff.com26 Jul 2021

The government has no plan to print currency notes to tide over the current economic crisis triggered by the outbreak of COVID-19 pandemic, Finance Minister Nirmala Sitharaman informed Parliament on Monday. To a question on whether there is any plan to print currency to tide over the crisis, the finance minister said, "No Sir". Many economists and experts have suggested to the government to print more currency notes to tide over the difficult economic situation with a view to support the economy ravaged by the spread of COVID-19, and protect jobs.

Tokyo Olympics Highlights: Biden 1, Macron 0

Tokyo Olympics Highlights: Biden 1, Macron 0

Rediff.com25 Jul 2021

First lady Jill Biden cheered her countrywomen to an upset victory over the French in the debut of 3x3 basketball at the Olympics as President Emmanuel Macron watched on from the sidelines.

How India can NEUTRALISE Enemy Drones

How India can NEUTRALISE Enemy Drones

Rediff.com23 Jul 2021

'An armed helicopter equipped with counter-drone systems will provide the airborne counter-drone capability and flexibility needed to protect India's critical assets.'

Received Both Doses? Be Careful Please

Received Both Doses? Be Careful Please

Rediff.com23 Jul 2021

'You will still want to take all the necessary precautions, which is the right thing to do.'

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