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What CII wants Modi 3.0 govt to do to boost growth

What CII wants Modi 3.0 govt to do to boost growth

Rediff.com13 Jun 2024

Industry body CII on Thursday made a case for pushing reforms in sectors like land, labour, and agriculture by the Modi 3.0 government to accelerate economic growth, which is estimated to be around 8 per cent in the current financial year. CII president Sanjiv Puri said a lot of policy interventions in the past have put the economy on "a much stronger wicket". "The growth rate is poised to touch 8 per cent during the current year, marking the fourth consecutive year of above 7 per cent + growth.

Telcos reiterate demands over FSC, 6 GHz spectrum

Telcos reiterate demands over FSC, 6 GHz spectrum

Rediff.com13 Jun 2024

Telecom service providers have doubled down on their demands for a proposed fair-share charge (FSC) to be levied on major over-the-top (OTT) service providers, opening up the 6 GHz spectrum band and increasing the number of testing labs for telecommunication products. Telecom industry body Cellular Operators Association of India (COAI) on Wednesday said these were the topmost demands for Prime Minister Narendra Modi-led National Democratic Alliance (NDA) government. The industry body wants this additional capital expenditure to be borne by these Large Traffic Generator (LTGs) OTTs as a proposed fair-share charge.

Bank customer has zero liability for unauthorised transaction: HC

Bank customer has zero liability for unauthorised transaction: HC

Rediff.com13 Jun 2024

The bench referred to three reports submitted by the cyber cell police which said the beneficiaries were added to the bank account without any message or OTP received on the registered mobile number and email to the registered email account.

Policy, valuations could keep rural stocks in play post-2024 polls result

Policy, valuations could keep rural stocks in play post-2024 polls result

Rediff.com13 Jun 2024

Most brokerages are betting that the new government will shift to a policy focussing on boosting rural incomes and consumption since that has clearly been a pain point.

iPhone exports from India hit $2 billion in April-May

iPhone exports from India hit $2 billion in April-May

Rediff.com12 Jun 2024

Technology giant Apple Inc has pushed the pedal on exporting iPhones from India by racking up exports valued at over $2 billion in the first two months of the current financial year (FY25), according to the data provided by vendors to the government. This accounts for 81 per cent of the country's total production of iPhones worth $2.6 billion. In May, Apple repeated its performance of April and once again crossed $1 billion of iPhone exports.

Suspected Pak terrorist killed after attack on J-K village near IB

Suspected Pak terrorist killed after attack on J-K village near IB

Rediff.com12 Jun 2024

A massive operation is on to flush out the remaining holed-up terrorists.

13-year-old boy sent bomb threat to Delhi airport 'just for fun', detained

13-year-old boy sent bomb threat to Delhi airport 'just for fun', detained

Rediff.com11 Jun 2024

The boy wanted to check whether it could be traced back to him or not, police said.

Maliwal case: Bibhav charged with destroying evidence

Maliwal case: Bibhav charged with destroying evidence

Rediff.com10 Jun 2024

The Delhi Police has added the Indian Penal Code section for 'disappearing evidence and giving false information' against Chief Minister Arvind Kejriwal's aide Bibhav Kumar in Aam Aadmi Party MP Swati Maliwal's assault case, an official said on Monday.

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.

'Without incentives people will not purchase EVs'

'Without incentives people will not purchase EVs'

Rediff.com8 Jun 2024

'Wherever the government has provided incentives for the purchase of two-wheelers, three-wheelers, cars, buses, and trucks, it gets a push for most of these alternate fuels. '

10 Reasons Why Modi Should Follow In Sonia's Footsteps

10 Reasons Why Modi Should Follow In Sonia's Footsteps

Rediff.com8 Jun 2024

Politely decline to be prime minister, and hand the baton to someone else in the BJP -- like Sonia did to Manmohan Singh -- advises Krishna Prasad.

Farmer outfits back CISF constable who slapped Kangana, seek probe

Farmer outfits back CISF constable who slapped Kangana, seek probe

Rediff.com7 Jun 2024

Some farmer outfits on Friday threw their weight behind the Central Industrial Security Force (CISF) woman constable who allegedly slapped actor and Bharatiya Janata Party MP-elect Kangana Ranaut, saying the entire sequence leading to the incident needs to be properly investigated.

Think Before You Make A Complaint!

Think Before You Make A Complaint!

Rediff.com7 Jun 2024

National Commission concluded that false and baseless allegations had been made in the complaint to claim a highly exaggerated and atrocious amount of compensation.

Spectrum auction postponed to June 25

Spectrum auction postponed to June 25

Rediff.com4 Jun 2024

The Department of Telecom (DoT) on Tuesday postponed the spectrum auction by 19 days to June 25, as per information available on its website. According to amendments made in the notice inviting applications for bids on Tuesday, the new date for "start of the live auction" has been changed to June 25 from June 6. The government will auction eight spectrum bands for mobile phone services at a base price of about Rs 96,317 crore.

Missing NEET aspirant traced after 23 days, travelled across India

Missing NEET aspirant traced after 23 days, travelled across India

Rediff.com1 Jun 2024

A day after taking the competitive medical exam, Meena on May 6 sent a text message to his parents saying that he did not want to study any further and was leaving home for five years, police had said.

Reliance, Tata on TIME's list of world's most influential companies

Reliance, Tata on TIME's list of world's most influential companies

Rediff.com30 May 2024

Billionaire Mukesh Ambani's Reliance Industries and Tata Group have made it to the prestigious TIME's list of 100 World's Most Influential Companies of 2024. TIME called Reliance 'India's Juggernaut'. This is the second time that Reliance has found its way into the TIME list. Jio Platforms, the firm that holds digital properties of the conglomerate, was included in the inaugural TIME 100 Most Influential Companies List of 2021. Serum Institute is the other Indian company on the list.

Varanasi, Detroit, Venice set to host Toyota's sustainability initiative

Varanasi, Detroit, Venice set to host Toyota's sustainability initiative

Rediff.com30 May 2024

Varanasi, Detroit, and Venice have been selected to host a global initiative aimed at creating sustainable transportation solutions for cities as part of the 'Toyota Mobility Foundation's Sustainable Cities Challenge'. The initiative is a $9 million programme that will see these cities collaborate with innovators to develop and implement new mobility solutions. The cities, located in the US, India, and Italy, were chosen from a shortlist of 10 cities announced in November 2023.

J-K police books 3 lt colonels for attempt to murder, dacoity

J-K police books 3 lt colonels for attempt to murder, dacoity

Rediff.com30 May 2024

A case of attempt to murder and dacoity has been registered against three army lieutenant colonels and 13 others for their alleged involvement in a violent attack on the Kupwara police station, according to the FIR.

One more body recovered, toll in Mizoram landslides rises to 28

One more body recovered, toll in Mizoram landslides rises to 28

Rediff.com30 May 2024

One more body was recovered on Thursday, taking the toll in multiple landslides in Mizoram's Aizawl district to 28, a police officer said.

Sebi Tightens Grip Against Fraudulent Messages, Apps

Sebi Tightens Grip Against Fraudulent Messages, Apps

Rediff.com30 May 2024

The directions follow a report by the Indian Cyber Crime Coordination Centre, which has seen a new pattern of transnational cyber-enabled financial fraud and investment scam, impersonating as stockbrokers and company executives.

After LAC tension, now China helps Pak boost military infra along LoC

After LAC tension, now China helps Pak boost military infra along LoC

Rediff.com29 May 2024

This move is seen as part of efforts to strengthen China's ties with Pakistan and safeguard Chinese investments in Pakistan-occupied Kashmir, particularly related to the China-Pakistan Economic Corridor.

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

Dixon Technologies: Q4FY24 performance disappoints, valuation rich

Dixon Technologies: Q4FY24 performance disappoints, valuation rich

Rediff.com29 May 2024

Dixon Technologies' January-March quarter (Q4) results came in well below expectations, but the potential for signing up a new mobile client, and plans for backward integration into display manufacturing kept investors happy. Dixon's Q4FY24 revenue grew 52 per cent year-on-year (Y-o-Y) to Rs 4,660 crore, below Street consensus, due to weakness in consumer electronics (Rs 890 crore) and home appliances (Rs 294 crore) segments.

Social media influencer held for human trafficking in 3-day police custody

Social media influencer held for human trafficking in 3-day police custody

Rediff.com29 May 2024

Kataria has been involved in a big nexus of the human traffickers since last year and may have links with an international gang, the police said.

'I Want To Impact 1 Billion Lives'

'I Want To Impact 1 Billion Lives'

Rediff.com28 May 2024

'I tell those in their 20s that age is on their side and they should start exercising early.' 'Just like investing in good stocks, if they start early, they will get the multiplier effects of being healthy, fit and strong later in life.'

Bibhav Kumar denied bail, court says FIR not pre-mediated

Bibhav Kumar denied bail, court says FIR not pre-mediated

Rediff.com27 May 2024

A court in New Delhi on Monday rejected the bail plea of Chief Minister Arvind Kejriwal's close aide Bibhav Kumar and said there appeared no 'pre-meditation' by Aam Aadmi Party MP Swati Maliwal in lodging the first information report (FIR) and that her allegations could not be 'swiped away'.

Medical practitioner to return Padma Shri after Naxal threats

Medical practitioner to return Padma Shri after Naxal threats

Rediff.com27 May 2024

Traditional medicine practitioner Hemchand Manjhi, renowned for his stellar work from a remote village in Chhattisgarh's Narayanpur district, on Monday said he will return his Padma Shri award, after he received threats from Naxalites.

Extraordinary Story Of EPFO Digitisation

Extraordinary Story Of EPFO Digitisation

Rediff.com27 May 2024

A remarkable story which helped in transforming a bureaucratic organization, to a customer centric organization. This experience may inspire several government / private organizations to modify or adopt digitisation to transform their business, notes Professor N Ravichandran (retd).

More than 61% turnout in sixth phase of LS polls, J-K sees 54% polling

More than 61% turnout in sixth phase of LS polls, J-K sees 54% polling

Rediff.com26 May 2024

The EC said polling percentage in the Anantnag-Rajouri seat in Jammu and Kashmir is the highest in 40 years.

Odisha: BJP candidate breaks EVM, attacks poll officer

Odisha: BJP candidate breaks EVM, attacks poll officer

Rediff.com25 May 2024

A sitting MLA and Bharatiya Janata Party candidate allegedly broke an electronic voting machine (EVM) and attacked a polling officer inside a booth during voting in Odisha which recorded a voter turnout of over 60.97 per cent in six Lok Sabha seats and 42 assembly segments, officials said.

About 60% polling in 6th phase of LS polls; Anantnag breaks 40-yr record

About 60% polling in 6th phase of LS polls; Anantnag breaks 40-yr record

Rediff.com25 May 2024

An approximate voter turnout of 59.06 per cent was recorded in the sixth phase of the Lok Sabha elections on Saturday in 58 constituencies across six states and two Union territories with the polling percentage in the Jangal Mahal region of West Bengal touching 78.19.

Man poses as woman college teacher, rapes 7 students

Man poses as woman college teacher, rapes 7 students

Rediff.com25 May 2024

A 30-year-old man has been arrested in Madhya Pradesh's Sidhi district for allegedly raping at least seven girls after posing as a woman college teacher and calling them in connection with scholarship funds, police said on Saturday.

Voting underway in 6th phase, Bengal leads in turnout

Voting underway in 6th phase, Bengal leads in turnout

Rediff.com25 May 2024

A voter turnout of 10.82 per cent was recorded till 9 am on Saturday in 58 constituencies in six states and two Union territories where polling is underway in the sixth phase of the Lok Sabha elections.

Turbo Packs A Punch In Parts

Turbo Packs A Punch In Parts

Rediff.com24 May 2024

Turbo finds its footing in the latter half with some well-conceived one-upmanship between hero and villain, yet it's marred by poorly executed action set pieces in the climactic showdown.

Bangladesh MP cut into pieces, flesh segregated from bones

Bangladesh MP cut into pieces, flesh segregated from bones

Rediff.com24 May 2024

Bangladesh MP Anwarul Azim Anar, who went missing in Kolkata on May 13, was found murdered and three people have been arrested, Bangladesh Home Minister Asaduzzaman Khan said on Wednesday.

Modi Looms Over India's Smallest Lok Sabha Seat

Modi Looms Over India's Smallest Lok Sabha Seat

Rediff.com24 May 2024

'It is necessary to have a person at the top who can make strict decisions without hesitation. Modiji has done that.'

Police suspect Bangla MP honey-trapped before murder; 1 detained

Police suspect Bangla MP honey-trapped before murder; 1 detained

Rediff.com24 May 2024

The initial probe into the murder of Bangladesh MP Anwarul Azim Anar revealed that one of his friends had paid around Rs 5 crore to kill the neighbouring country's parliamentarian, a senior police officer said here on Thursday.

Stock market gives thumbs up to Siemens' strong performance in Q2

Stock market gives thumbs up to Siemens' strong performance in Q2

Rediff.com23 May 2024

Siemens delivered a strong margin performance and also reported high other income to beat consensus in the January-March quarter (Q2) of FY24 (the company's year-end is September 30). In addition, it has opted to demerge the energy vertical with a 1:1 award of shares in the newly demerged entity which will be listed by the end of this year (CY25).

Smartphones, India's 4th Largest Exports!

Smartphones, India's 4th Largest Exports!

Rediff.com23 May 2024

Smartphones have been a key success story of the government's production-linked incentive scheme, helping India become the second-largest mobile phone manufacturing country, after China.

Recharge Zones To Cool Clothing: Indian Companies' Summer Strategies

Recharge Zones To Cool Clothing: Indian Companies' Summer Strategies

Rediff.com23 May 2024

Several firms are stepping up to help their workforce cope with soaring temperatures

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