Abhishek Waghmare &Amp;Amp; T E Narasimhan

Stories by Abhishek Waghmare &Amp;Amp; T E Narasimhan

Green firecracker norms may rob Sivakasi's sparkle

Green firecracker norms may rob Sivakasi's sparkle

Rediff.com   9 Oct 2019

Some experts opine that green crackers are yet not practical and question government's move to promote them.

First mover Medimix hopes to ride ayurvedic wave now

First mover Medimix hopes to ride ayurvedic wave now

Rediff.com   6 Oct 2019

The packaging is new and so is the way it talks to customers. Plus the brand has been extended into hair oil, shampoo and body wash, products that appeal to the young.

RBI survey says business climate worst in 11 years

RBI survey says business climate worst in 11 years

Rediff.com   5 Oct 2019

Business activity contracted in Q2 FY20, the first contraction since 2013-14 and the second since the 2008 global financial crisis, report, Abhishek Waghmare and Anup Roy.

RBI cuts FY20 GDP growth forecast to 6.1%

RBI cuts FY20 GDP growth forecast to 6.1%

Rediff.com   5 Oct 2019

If this turns into reality, India's gross domestic product (GDP) growth will be the lowest since 2012-13, which could severely hit job creation and income growth in the near term.

Now Laxmi Vilas Bank under RBI scanner for bad loans

Now Laxmi Vilas Bank under RBI scanner for bad loans

Rediff.com   29 Sep 2019

The PCA plan covers various suggestions or measures to recover non-performing assets (NPAs), reduce costs, boost capital, downsize risk-weighted assets, and improve profitability, among others. The LVB management is in the process of implementing all of these, said sources.

Day after: Corporate tax relief may worsen fiscal deficit

Day after: Corporate tax relief may worsen fiscal deficit

Rediff.com   21 Sep 2019

The immediate revenue loss could worsen the Centre's fiscal deficit, from the budgeted 3.3 per cent of gross domestic product (GDP) to 3.7 per cent of GDP -- a massive 40-basis-point increase. It was stabilised at 3.4 per cent since 2016-17, report Abhishek Waghmare and Dilasha Seth.

As slowdown becomes worse, factory investment sinks

As slowdown becomes worse, factory investment sinks

Rediff.com   19 Sep 2019

The fall in investment rate is not surprising. But putting it together with rising share of wages in GVA, it shows that the focus is more on productivity, rather than adding new capacity, says Pronab Sen, former chief statistician of India.

In a first since 1998, rough diamonds will be auctioned in Surat

In a first since 1998, rough diamonds will be auctioned in Surat

Rediff.com   18 Sep 2019

So far, rough diamonds mined from the Panna mines in Madhya Pradesh were auctioned online but displayed only at Panna.

Tamil Nadu EV policy seeks to attract Rs 50,000 cr, create 150,000 jobs

Tamil Nadu EV policy seeks to attract Rs 50,000 cr, create 150,000 jobs

Rediff.com   17 Sep 2019

The government will create an EV Venture Capital Fund, for financial support to start-ups in the segment. The overall aim is to make Tamil Nadu the preferred destination for EVs and component makers.

Auto slump: Used commercial vehicle sales see uptick

Auto slump: Used commercial vehicle sales see uptick

Rediff.com   16 Sep 2019

Average overall sales which used to be around 8,000 units a year ago has dropped to 7,000-7,500 units in a month. A lot of government projects have been announced but these are yet to translate to boost CV sales.

Explained in charts: Growth of India's start-up universe

Explained in charts: Growth of India's start-up universe

Rediff.com   16 Sep 2019

Over the years, start-ups are struggling more to garner funds as they pass the elementary stages of growth.

Economic slowdown hits states' GST revenues more than Centre's

Economic slowdown hits states' GST revenues more than Centre's

Rediff.com   13 Sep 2019

Experts said if the slowdown, and subsequent weakness in GST mobilisation, continued, it would curtail the Centre's resources to a considerable extent in the current financial year.

'Orbiter's life to be 7 years as it has extra fuel'

'Orbiter's life to be 7 years as it has extra fuel'

Rediff.com   9 Sep 2019

'Till date, 90-95 per cent of the mission objectives have been accomplished' 'Future programmes will go as planned' After the moon landing mishap, K Sivan, chairman, Indian Space Research Organisation spoke to T E Narasimhan/Business Standard of the future and the mood among his scientists. Edited excerpts:

Secret behind the success of 90-year old Brand MTR

Secret behind the success of 90-year old Brand MTR

Rediff.com   8 Sep 2019

While the traditional masala portfolio continues to hold its sway, the brand is up against stiff competition from food delivery apps and the thriving community of restaurants that they support for its ready-to-cook and ready-to-eat fare.

Auto firms unsure if benefits will be seen in festive season

Auto firms unsure if benefits will be seen in festive season

Rediff.com   26 Aug 2019

This year, both rural and urban markets have reported around 18 per cent fall in the first quarter. However, most auto majors expect that by January, there would be a pick up.

How 55-year old Gits plans to beat competition

How 55-year old Gits plans to beat competition

Rediff.com   25 Aug 2019

Gits now has super food mixes like brown rice and flax seeds idli mix, oats idli mix and such other products. It has also launched an organic and vegan version of ready meals abroad. It also has an e-store, besides selling through Flipkart, Amazon and Big Basket.

How carmakers are planning a revival for the sector

How carmakers are planning a revival for the sector

Rediff.com   23 Aug 2019

Market leaders saw good traction for new cars, including the electric ones.

Uncertainty looms over renewal of mining leases

Uncertainty looms over renewal of mining leases

Rediff.com   21 Aug 2019

Iron ore deposits in the Donimali mine are estimated at 143 million tonnes and worth around Rs 40,000 crore. NMDC had leased the mine in 1968 for a period of 50 years. The lease expired on November 3, 2018.

To beat crisis, Hyundai halts production for several days at Chennai unit

To beat crisis, Hyundai halts production for several days at Chennai unit

Rediff.com   19 Aug 2019

Other players who have declared no production days in the recent past, and during this month, include Mahindra & Mahindra, Maruti Suzuki, Hero MotoCorp, Bosch, Jamna Auto, Wabco and Sundaram-Clayton.

Ayushman Bharat: An interesting health study across states in India

Ayushman Bharat: An interesting health study across states in India

Rediff.com   13 Aug 2019

The dichotomy between richer and poorer states is largely in consonance with the diversity in state level disease burden in the country.