Arup Roychoudhury

Stories by Arup Roychoudhury

Oil subsidy bill is nearly twice the year's budgeted estimate - with 6 months to go

Oil subsidy bill is nearly twice the year's budgeted estimate - with 6 months to go

Rediff.com   13 Oct 2018

Senior policymakers say it is a tough task and the finance ministry may resort to the time-tested method of carrying forward part of the subsidy payment burden to the next fiscal year.

FEMA norms may be amended to ease remittances

FEMA norms may be amended to ease remittances

Rediff.com   12 Oct 2018

According to the data available on the Reserve Bank of India's website, net workers' remittances in April-June 2018 were $11.5 billion

Economic Affairs Secy: 'Rs should settle at 69-70'

Economic Affairs Secy: 'Rs should settle at 69-70'

Rediff.com   1 Oct 2018

'The rupee falling from 69 to 72 was not normal or justified by the fundamentals.' 'And therefore I treat this as temporary.'

All is not lost for IL&FS yet as LIC, SBI plan to hike stake

All is not lost for IL&FS yet as LIC, SBI plan to hike stake

Rediff.com   26 Sep 2018

The IL&FS management is also talking to its second-largest shareholder, Orix Corporation of Japan, to infuse more funds into the company - in case any shareholder backs out during the rights issue.

Pawan Hans to Air India, 9 PSUs to be put on the block

Pawan Hans to Air India, 9 PSUs to be put on the block

Rediff.com   21 Sep 2018

Sources said valuation of all these assets was an ongoing process, and the mode and manner of disposal would be decided on a case-by-case basis

The many challenges facing Jaitley's fiscal promise

The many challenges facing Jaitley's fiscal promise

Rediff.com   19 Sep 2018

After the April-July fiscal deficit data was released on August 31, several analysts hinted that the government may need to go for cuts in capital expenditure to meet the fiscal deficit target.

On day 2 of review, Jaitley bullish on keeping fiscal deficit down

On day 2 of review, Jaitley bullish on keeping fiscal deficit down

Rediff.com   16 Sep 2018

Finance ministry tells PM fiscal deficit target will be met, capex expenditure won't be cut and GDP growth will surpass 7.5%.

Modi govt's capital expenditure for April-July crosses Rs 1 trillion

Modi govt's capital expenditure for April-July crosses Rs 1 trillion

Rediff.com   28 Aug 2018

The major beneficiaries have been the ministries of roads and highways, railways and power

Finally, govt admits rupee, crude prices will impact CAD

Finally, govt admits rupee, crude prices will impact CAD

Rediff.com   22 Aug 2018

Research and ratings agencies like Icra and Moody's have said the CAD in 2018-19 would be much higher than 2017-18

GDP grew in double digits twice in UPA era, but slowed down too

GDP grew in double digits twice in UPA era, but slowed down too

Rediff.com   20 Aug 2018

Data on the new series given by a panel on real sector statistics shows that GDP grew by 10.23 per cent in 2007-08 and 10.78 per cent in 2010-11. There are some years for which the new figures show a deceleration in growth as well. The new series has 2011-12 as the base year while the earlier series had 2004-05 and 1993-94.

Govt readying a real-time master list of economic offenders

Govt readying a real-time master list of economic offenders

Rediff.com   1 Aug 2018

Officials say that such a list, to be updated on a real-time basis, will serve as a ready reckoner in identifying those committing multiple economic offences

Who will be the next Chief Economic Advisor?

Who will be the next Chief Economic Advisor?

Rediff.com   26 Jul 2018

Rumours in the bureaucracy on his successor include the names of Sajjid Chinoy of JP Morgan, Rathin Roy of the National Institute of Public Finance and Policy, Neelkanth Mishra of Credit Suisse and the principal economic advisor, Sanjeev Sanyal.

Rejigging ATMs for new Rs 100 notes will cost Rs 1 bn

Rejigging ATMs for new Rs 100 notes will cost Rs 1 bn

Rediff.com   21 Jul 2018

A representative of the Confederation of ATM Industry said ATM players were not consulted about the move and they received the news via media platforms.

Mid-year economic review set to make a comeback

Mid-year economic review set to make a comeback

Rediff.com   20 Jul 2018

The review will not only present data, trends but also list out the achievements of the Narendra Modi government

Govt in search of prospective operator for The Ashok Hotel

Govt in search of prospective operator for The Ashok Hotel

Rediff.com   4 Jul 2018

Centre working on open-ended lease agreement to enablesale of property at the end of the agreement period

Finance panel may revive sops for states

Finance panel may revive sops for states

Rediff.com   27 Jun 2018

Performance-based incentives were recommended by the 13th Finance Commission, but omitted by the 14th Finance Commission

Goyal runs finance ministry, but Jaitley's watching

Goyal runs finance ministry, but Jaitley's watching

Rediff.com   26 Jun 2018

While Arun Jaitley remains part of the decision making process, Piyush Goyal, who was given additional charge on May 14, attends cabinet meetings and takes the day-to-day decisions.

This word-class expressway is a recipe for potential disaster

This word-class expressway is a recipe for potential disaster

Rediff.com   11 Jun 2018

The reason for the EPE's relatively low volume of traffic may lie in the lack of adequate safety measures, especially after sundown. Barring intermittent patches, the highway has no street lights.

Divestment: Modi govt's pathetic track record

Divestment: Modi govt's pathetic track record

Rediff.com   11 Jun 2018

Out of nearly 30 public sector undertakings and assets under 'strategic sale' plan, only the ONGC-HPCL plan has been completed

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.