Arup Roychoudhury And Indivjal Dhasmana

Stories by Arup Roychoudhury And Indivjal Dhasmana

Jaitley may be back at work by June-end

Jaitley may be back at work by June-end

Rediff.com   1 Jun 2018

The minister without portfolio is recovering well after his kidney transplant and has started walking in his hospital room.

Nirav Modi fraud: How money changed hands

Nirav Modi fraud: How money changed hands

Rediff.com   26 May 2018

The chargesheet was filed against Nirav Modi and 23 others.

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.

RBI bar on cryptocurrencies challenged in SC

RBI bar on cryptocurrencies challenged in SC

Rediff.com   20 May 2018

Ahmedabad-based crypto firm Kali Digital Ecosystems' plea against the ban will be heard on July 20.

Worry lines are back for govt as crude hits $80 a barrel

Worry lines are back for govt as crude hits $80 a barrel

Rediff.com   19 May 2018

"Under different scenarios, we see the impact of higher crude prices ranging from $25 billion to a maximum of $50 billion on the oil import bill. The increase in the oil import bill will also affect the current account deficit," economic affairs secretary S C Garg said in a conference on Friday.

Walmart-Flipkart deal: What will be Tiger Global's tax liability?

Walmart-Flipkart deal: What will be Tiger Global's tax liability?

Rediff.com   14 May 2018

Taxing SoftBank, the largest shareholder in Flipkart with a little over 20 per cent stake, however, will be easier.

Govt may cut excise duty on petrol, diesel soon

Govt may cut excise duty on petrol, diesel soon

Rediff.com   10 May 2018

India is the second largest buyer of Iranian crude, after China.

How filing GST returns has changed in 10 months

How filing GST returns has changed in 10 months

Rediff.com   10 May 2018

From filing 37 returns a year when the Goods and Sales Tax was first introduced in July last year, the process has undergone major changes as the GST Council considered and implemented various models to ease the pain for assessees. Here's a recap of how the process has changed in 10 months.

Finance panel terms of references: 7 states, UTs seek change

Finance panel terms of references: 7 states, UTs seek change

Rediff.com   8 May 2018

A memorandum, signed by the chief ministers or finance ministers of Andhra Pradesh, Puducherry, Karnataka, Delhi, West Bengal, Kerala and Punjab, said the terms were disruptive and a cause for concern.

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.

225,000 more shell companies come under ministry lens

225,000 more shell companies come under ministry lens

Rediff.com   21 Apr 2018

After taking action against 226,000 shell companies last year, the ministry of corporate affairs has now zeroed in on a fresh batch of suspected shell companies.

This is how cash travels from printing press to your purse

This is how cash travels from printing press to your purse

Rediff.com   19 Apr 2018

On a daily basis, an average cash logistics company transports Rs 5,000-8,000 crore worth of cash nationwide.

Cash crunch: 'Printing of lower denomination notes will be ramped up'

Cash crunch: 'Printing of lower denomination notes will be ramped up'

Rediff.com   18 Apr 2018

As the Centre deals with the fallout of cash shortage in certain parts of the country, Principal Economic Advisor in the finance ministry, Sanjeev Sanyal, bottom, left, tells Arup Roychoudhury that the demand for cash has seen a spike of late.

Bhanu Pratap Sharma is new Banks Board Bureau chief

Bhanu Pratap Sharma is new Banks Board Bureau chief

Rediff.com   13 Apr 2018

Govt reconstitutes body, says will not interfere in senior PSB appointments

Slow take-off for GST e-way bill likely as traders stock up early

Slow take-off for GST e-way bill likely as traders stock up early

Rediff.com   3 Apr 2018

The system has gone through three rounds of testing for its load-bearing capacity.

'2017-18 was a defining year for Indian economy'

'2017-18 was a defining year for Indian economy'

Rediff.com   31 Mar 2018

Businesses are still taking time to adjust in the new tax regime, which would weigh on growth rates for the financial year closing today.

April-Feb fiscal deficit hits 120% of FY18 target

April-Feb fiscal deficit hits 120% of FY18 target

Rediff.com   29 Mar 2018

The fiscal deficit rose primarily on the back of lower non-tax revenues, which came in at 60 per cent of full-year target, compared with 62.4 per cent for the same period last year.

FPI limit in long-term government securities may be hiked

FPI limit in long-term government securities may be hiked

Rediff.com   28 Mar 2018

FPIs are currently capped at 5 per cent of the total outstanding government dated securities, and own 4.5 per cent

Why govt banks will not be privatised

Why govt banks will not be privatised

Rediff.com   28 Mar 2018

'There is a law that prevents the government from diluting its equity in the PSBs below 50 per cent.' 'That law has to be amended and given the parliamentary arithmetic of the political parties, it is not as simple to do that.'

8 unlisted PSUs buy back Rs 2,600 crore govt shares

8 unlisted PSUs buy back Rs 2,600 crore govt shares

Rediff.com   27 Mar 2018

Though this is part of the divestment drive, government's stake in these companies remains 100 per cent even after the buybacks