Abhishek Waghmare And Somesh Jha

Stories by Abhishek Waghmare And Somesh Jha

PNB eyes Rs 5,500 crore net profit in Q2

PNB eyes Rs 5,500 crore net profit in Q2

Rediff.com   11 Jun 2018

However, the road to profitability has already hit some hurdles for the Delhi-based bank as the Union government has rejected its demand for an additional capital infusion of around Rs 8,000 crore in 2018-19

As fuel prices skyrocket, it's the Centre who earned the most

As fuel prices skyrocket, it's the Centre who earned the most

Rediff.com   8 Jun 2018

The finance minister has labelled about 65 per cent of the fuel excise revenue as cess, including the restructured road and infrastructure cess

Retrospective benefits on gratuity not on the cards

Retrospective benefits on gratuity not on the cards

Rediff.com   7 Jun 2018

The law was amended to bring parity between public and private sector employees (including PSUs) after the gratuity limit was raised for central government on similar lines

How much tax you actually pay when you buy petrol, diesel

How much tax you actually pay when you buy petrol, diesel

Rediff.com   3 Jun 2018

Higher oil prices, while not having an impact on Centre's revenues due to fixed tax rate, are pushing up states' sales tax revenue.

2-day bank strike from Wednesday

2-day bank strike from Wednesday

Rediff.com   29 May 2018

About 1 million bank officers are expected to participate in the strike on May 30 and May 31

Why are Indian B-schools shutting down?

Why are Indian B-schools shutting down?

Rediff.com   23 May 2018

The number of management colleges has dropped from 3,609 in 2014-15 to 3,264 in 2017-18.

Over 39 lakh jobs created in 7 months till March

Over 39 lakh jobs created in 7 months till March

Rediff.com   22 May 2018

The highest number of jobs were created in the age group of 18-21 at 1.29 million, followed by 22-25 years of age at 1.12 million during these seven months.

Karnataka 2018: Strongest Opposition vs weakest leading party

Karnataka 2018: Strongest Opposition vs weakest leading party

Rediff.com   22 May 2018

With 103 members belonging to the BJP, the Karnataka assembly will witness a balance it has never seen.

Why some CEOs may be asked to paint walls or clean public spaces

Why some CEOs may be asked to paint walls or clean public spaces

Rediff.com   16 May 2018

Some of the violations that will lead to community service include failure to pay social security contribution of workers, maintain records, furnish information to inspectors, pay gratuity to workers, provide crche facility and medical pay, and retrenching women workers during maternity leave.

BJP vs Congress: What the Karnataka data says

BJP vs Congress: What the Karnataka data says

Rediff.com   14 May 2018

What does election data say about the electoral support the competing parties in Karnataka have? Abhishek Waghmare find out.

Lok Ranjan, govt's nominee on ICICI board, transferred

Lok Ranjan, govt's nominee on ICICI board, transferred

Rediff.com   11 May 2018

Ranjan was nominated to the board of ICICI Bank on April 7

Why Telangana gave cheques to farmers instead of direct transfer

Why Telangana gave cheques to farmers instead of direct transfer

Rediff.com   11 May 2018

Despite the growing clamour from the central government on India turning digital, and banks requesting direct bank account transfer, the state government decided to hand over cheques to the farmers, which can be immediately converted into cash.

Tax notice on free banking services may be withdrawn

Tax notice on free banking services may be withdrawn

Rediff.com   10 May 2018

Every bank offers a different slab of minimum balance to customers, based on which 'free services' are provided

Are wages growing at faster rate than job creation?

Are wages growing at faster rate than job creation?

Rediff.com   4 May 2018

T C A Anant, former chief statistician to the government, will soon be heading a panel to decide whether the monthly payroll data released by EPFO, ESIC and PFRDA could replace the quarterly enterprises-based survey on job creation by the labour bureau, the prime minister's office decided last week.

EPFO dumps CSC Aadhaar services after data theft

EPFO dumps CSC Aadhaar services after data theft

Rediff.com   3 May 2018

Unique Identification Authority of India said the alleged data breach took place on a website that does not belong to it.

Govt planning monthly payroll data in place of quarterly job surveys

Govt planning monthly payroll data in place of quarterly job surveys

Rediff.com   29 Apr 2018

The Prime Minister's Office has decided to set up a panel, led by former chief statistician T C A Anant, to deliberate on whether the enterprise-level quarterly data, which is released by the labour bureau, should be discontinued.

6.22 million additional jobs were created in 2017-18

6.22 million additional jobs were created in 2017-18

Rediff.com   26 Apr 2018

The payroll estimates, released by the EPFO based on its enrolment, threw up some contrasting trend between September 2017 and February 2018.

90,000 ATMs across India will soon dispense Rs 200 notes

90,000 ATMs across India will soon dispense Rs 200 notes

Rediff.com   24 Apr 2018

About 200,000 ATMs can dispense the new series of Rs 500 notes

Labour reforms move a step ahead; outsiders can now become TU leaders

Labour reforms move a step ahead; outsiders can now become TU leaders

Rediff.com   24 Apr 2018

The Centre has, however, retained its proposal to curb flash strikes as workers in all factories will be required to give employers a strike notice of at least two weeks after the Bill becomes a law.

What caused the cash crunch last week

What caused the cash crunch last week

Rediff.com   22 Apr 2018

The RBI fell short of pumping Rs 150 billion into the economy at the beginning of 2018-2019.