Archis Mohan, Abhijit Lele

Stories by Archis Mohan, Abhijit Lele

SBI merger could spill over to FY18

SBI merger could spill over to FY18

Rediff.com   23 Feb 2017

SBI might present the first result for the combined entity at the end of the first quarter of 2017-18

New NPA resolution plan finds few takers among bankers

New NPA resolution plan finds few takers among bankers

Rediff.com   23 Feb 2017

Rather, the existing ones should be implemented speedily to clean up the mess.

Keen to reduce debt, banks get tough with large borrowers

Keen to reduce debt, banks get tough with large borrowers

Rediff.com   21 Feb 2017

The Essar group, Jindal Steel and Power, Monnet Ispat, Bhushan Steel and the Avantha group have been asked to close deals by March-end.

Kanpur Muslims wary of BJP's promise to shut abattoirs

Kanpur Muslims wary of BJP's promise to shut abattoirs

Rediff.com   16 Feb 2017

Amit Shah's sustained campaigning against slaughterhouses has unnerved UP's leather and meat export industry.

Why UP's numbers are so important for Modi in the Rajya Sabha

Why UP's numbers are so important for Modi in the Rajya Sabha

Rediff.com   13 Feb 2017

A defeat in UP will, therefore, dent the Modi government's efforts to win more seats in the Rajya Sabha.

Measures likely to protect electoral donor's anonymity

Measures likely to protect electoral donor's anonymity

Rediff.com   7 Feb 2017

Under the scheme coming into effect from April 1, 2018, a donor could purchase bonds from authorised banks against cheques or digital payments. These would be redeemed only in the designated account of a registered political party.

Where are the real reforms, Mr Jaitley: ADR on political funding

Where are the real reforms, Mr Jaitley: ADR on political funding

Rediff.com   3 Feb 2017

The Association for Democratic Reforms slams the Budget proposals on political funding, says they lack teeth and show the "lack of political will" in proposing real reforms.

Hat-trick of embarrassments awaits Govt in Rajya Sabha

Hat-trick of embarrassments awaits Govt in Rajya Sabha

Rediff.com   3 Feb 2017

A united Opposition is expected to move amendments to the motion of thanks for the President's address on how note ban was a mess.

Budget may skip the big-bang route

Budget may skip the big-bang route

Rediff.com   30 Jan 2017

Major focus will be on adequately funding existing schemes to ensure their timely completion before the next General Elections.

MFI profitability hit by note ban, says ICRA report

MFI profitability hit by note ban, says ICRA report

Rediff.com   27 Jan 2017

Collection dived to 75-80% in November-December from 99% after demonetisation.

FinMin yet to take a call on 'tax on cash'

FinMin yet to take a call on 'tax on cash'

Rediff.com   26 Jan 2017

A committee on digitalisation headed by Andhra Pradesh Chief Minister Chandrababu Naidu had in an interim report recommended taxing cash transactions of at least Rs 50,000 to promote digital payments.

Delay in $75bn investment fund due to India, says UAE

Delay in $75bn investment fund due to India, says UAE

Rediff.com   24 Jan 2017

"There has been one meeting (on this). It is a matter of setting up the governance structures. Now ball is in the court of the Indian side to finalise the governance of the setting up of the fund. We are ready for it," the UAE ambassador Dr Ahmed Al Banna said.

Axis Bank net slumps 73% on provisioning

Axis Bank net slumps 73% on provisioning

Rediff.com   20 Jan 2017

Axis Bank's loan portfolio quality deteriorated, with gross NPAs rising to 5.22% of gross advances.

The untold story: Credit growth slows after note ban

The untold story: Credit growth slows after note ban

Rediff.com   20 Jan 2017

Banks lend 60,000 cr in 8 weeks since Nov 8; Y-o-Y credit expansion slows further.

After 9 weeks currency in circulation shows rise

After 9 weeks currency in circulation shows rise

Rediff.com   19 Jan 2017

Going by the pace, almost 80 per cent of the demonetised currency is expected to be replaced by end-February.

Dynasts to firebrands in BJP's list

Dynasts to firebrands in BJP's list

Rediff.com   17 Jan 2017

Dynasts and turncoats in Uttarakhand and Hindutva champions in Uttar Pradesh - BJP names 64 candidates for Uttarakhand and 149 for UP.

Ramdev's Patanjali gets a rating upgrade from Icra

Ramdev's Patanjali gets a rating upgrade from Icra

Rediff.com   17 Jan 2017

The upgrade, said Icra, takes into account the "robust internal accrual generation, leading to low reliance on debt, as well as gearing levels, and strong debt protection metrics".

BJP leaders disagree on Punjab list

BJP leaders disagree on Punjab list

Rediff.com   13 Jan 2017

Party also concerned about dissension in Uttarakhand and erosion of support in Goa

Tough UP battle makes BJP relook at Ram Janambhoomi

Tough UP battle makes BJP relook at Ram Janambhoomi

Rediff.com   5 Jan 2017

SP-Congress alliance is likely to consolidate Muslim vote in their favour.

Budget Session likely to begin from January 31

Budget Session likely to begin from January 31

Rediff.com   4 Jan 2017

The early tabling of the financial Budget ends a 70-year tradition.