Arindam Majumder And Arup Roychoudhury

Stories by Arindam Majumder And Arup Roychoudhury

Balakot air strike: Brace for retaliation

Balakot air strike: Brace for retaliation

Rediff.com   27 Feb 2019

Not only is there a possibility for a conventional retaliation by Pakistan, there could also be terror attacks.

Rs 2500 cr rights issue key to Jet's revival plans

Rs 2500 cr rights issue key to Jet's revival plans

Rediff.com   16 Feb 2019

Additionally, promoter Naresh Goyal and Etihad Airways, which owns a 24 per cent stake in the airline, will infuse around Rs 2,000 crore into the airline, sources aware of the development said.

Centre backed out of minimum income scheme for all farmers

Centre backed out of minimum income scheme for all farmers

Rediff.com   12 Feb 2019

The decision to scrap the plan for landless workers and focus only on small and marginal farmers was made as there was no proper method to find out who qualify as landless labourers.

How runway closure at Mumbai, Bengaluru airports hurting fliers

How runway closure at Mumbai, Bengaluru airports hurting fliers

Rediff.com   11 Feb 2019

According to a survey by travel portal ixigo, economy airfares from Mumbai have shot up by almost 25- 30 per cent till the end of March.

With the launch of Huracan Evo, Lamborghini puts India in fast lane

With the launch of Huracan Evo, Lamborghini puts India in fast lane

Rediff.com   8 Feb 2019

Lamborghini, which expects 60% growth this year has priced Huracan Evo at Rs 3.73 crore, also said in the next five years India will be one of the top 15 markets for the company.

Another desperate attempt by the govt to rein in fiscal deficit

Another desperate attempt by the govt to rein in fiscal deficit

Rediff.com   7 Feb 2019

The combined fertiliser, food and petroleum subsidy budgeted estimate for FY19 is Rs 2.64 trillion, while the revised estimate is Rs 2.66 trillion. If the carrying forward to FY20 does not happen, the revised estimates for the major subsidies could actually cross Rs 3 trillion for the first time ever.

Has Modi Sarkar delivered on Budget 2014?

Has Modi Sarkar delivered on Budget 2014?

Rediff.com   4 Feb 2019

Fifty-six months on, the government's record in implementing these schemes and projects has been mixed, report Arup Roychoudhury and Indivjal Dhasmana.

General Budget or Interim Budget?

General Budget or Interim Budget?

Rediff.com   31 Jan 2019

General Budget is a terminology earlier used to differentiate between the Union Budget with the Railway Budget. Full-fledged budgets are titled "Union Budget", while interim Budgets are titled just that.

Interim Budget: Cheers for taxpayers likely

Interim Budget: Cheers for taxpayers likely

Rediff.com   28 Jan 2019

The finance minister is likely to announce the government's vision for a tax-friendly regime by raising the I-T exemption limit from the current Rs 250,000 per annum.

Piyush Goyal to meet PSB chiefs on Monday ahead of Budget

Piyush Goyal to meet PSB chiefs on Monday ahead of Budget

Rediff.com   25 Jan 2019

Goyal is expected to discuss the targets for the banks for 2019-20, as well as priority sector lending, recovery on non-performing assets, and the bankruptcy proceedings of various companies, which owe money to the banks.

Govt hopes to sell Air India, lease Ashok hotel next fiscal

Govt hopes to sell Air India, lease Ashok hotel next fiscal

Rediff.com   19 Jan 2019

'The target for next year is unlikely to be more than that of this year. The more you divest in any cycle, the less your potential pipeline for the next,' said an official. 'The first two issues we want to tackle and complete in FY20 are Air India and Hotel Ashok.'

Soon you can fly in a SpiceJet seaplane in Andamans

Soon you can fly in a SpiceJet seaplane in Andamans

Rediff.com   19 Jan 2019

The islands that would be connected through seaplanes are Campbell Bay, Car Nicobar, Havelock, Hutbay, Neil, Long Island and Diglipur, reports Arindam Majumder.

Budget content would be decided by economic realities: Jaitley

Budget content would be decided by economic realities: Jaitley

Rediff.com   18 Jan 2019

Jaitley also hinted that these very economic realities could decide whether the government sticks to a fiscal consolidation roadmap or not.

Post restructuring, SBI-led consortium may hold around 40% stake in Jet

Post restructuring, SBI-led consortium may hold around 40% stake in Jet

Rediff.com   17 Jan 2019

The airline has struggled to pay salaries and vendors on time and its Rs 10,963 crore fund and non fund based facilities have now been assigned 'D' rating by ICRA - the seventh rating downgrade since March 2017.

Jaitley may return on Jan 25, Budget on schedule

Jaitley may return on Jan 25, Budget on schedule

Rediff.com   17 Jan 2019

The 66-year-old finance minister underwent a successful kidney transplant surgery in mid-May and was on leave since April due to kidney-related problems and chest infection.

How IndiGo plans to become a global player

How IndiGo plans to become a global player

Rediff.com   14 Jan 2019

IndiGo is providing digital solutions to everyday problems, attracting customers to digital platforms and engaging start-ups to find solutions

Govt seeks Rs 23,100 cr interim dividend from RBI by March 31

Govt seeks Rs 23,100 cr interim dividend from RBI by March 31

Rediff.com   8 Jan 2019

This amount will include Rs 13,100 crore that Economic Affairs Secretary Subhash Garg has been publicly seeking from the central bank's contingency reserve fund since 2017-18 (FY18).

What to expect from Budget 2019

What to expect from Budget 2019

Rediff.com   7 Jan 2019

The losses in state elections in Rajasthan, Madhya Pradesh, and Chhattisgarh have put the ruling party under pressure to announce swift measures aimed at addressing rural distress and lack of employment.

Engine trouble: Indigo, GoAir A320Neo planes under lens

Engine trouble: Indigo, GoAir A320Neo planes under lens

Rediff.com   6 Jan 2019

Saturday's mid-air engine failure on Indigo flight prompts scrutiny.

Why DGCA is upset with SpiceJet

Why DGCA is upset with SpiceJet

Rediff.com   3 Jan 2019

DGCA was irked by was a video on social media that showed passengers dancing on board a midair flight. The regulator has summoned the airline officials seeking an explanation.