Devidutta Tripathy And Rajesh Kumar Singh

Stories by Devidutta Tripathy And Rajesh Kumar Singh

Nokia tax dispute: India freezes some assets

Nokia tax dispute: India freezes some assets

Rediff.com   1 Oct 2013

Nokia said the freezing of the fixed assets would not have any impact on the day-to-day operations of the company.

Inflation at 9.52% in August

Inflation at 9.52% in August

Rediff.com   12 Sep 2013

Food prices for consumers also eased to an annual 11.06 percent in August from 11.24 per cent in July.

Adjustment in rupee was called for: Rangarajan

Adjustment in rupee was called for: Rangarajan

Rediff.com   3 Sep 2013

On Tuesday, the partially convertible rupee, the worst performing currency among the major global economies, dropped as much as 3.1 percent to 68.12 per dollar.

India's fiscal deficit reaches nearly 63% of full-year target

India's fiscal deficit reaches nearly 63% of full-year target

Rediff.com   30 Aug 2013

India's fiscal deficit during the 2012/13 fiscal year ending March fell to 4.9 per cent of the country's gross domestic product, compared with 5.8 percent a year ago.

Falling markets derail govt's divestment plans

Falling markets derail govt's divestment plans

Rediff.com   22 Aug 2013

Investor confidence has evaporated amid fears over the rising cost of funding India's gaping current account deficit, prompting New Delhi to delay plans to raise much-needed funds through partial privatisations, finance ministry sources said.

Air India probing overheated oven on Dreamliner flight

Air India probing overheated oven on Dreamliner flight

Rediff.com   26 Jul 2013

The overheating of the oven during a July 24 flight from New Delhi to Kolkata did not cause a fire

India will achieve revenue target in 2013/14: Chidambaram

India will achieve revenue target in 2013/14: Chidambaram

Rediff.com   17 Jul 2013

India has in recent months stepped up enforcement of tax collections as it looks to raise revenue to help plug its widening fiscal deficit.

Montek on why RBI measures were necessary

Montek on why RBI measures were necessary

Rediff.com   16 Jul 2013

The Reserve Bank of India announced measures late on Monday to curb the rupee's decline by tightening liquidity.

Oil ministry asked to examine new gas pricing

Oil ministry asked to examine new gas pricing

Rediff.com   11 Jul 2013

Media has raised the issues that new pricing to benefit Reliance Industries.

Vodafone offers Rs 4,000 cr for licence renewal in 3 cities

Vodafone offers Rs 4,000 cr for licence renewal in 3 cities

Rediff.com   1 Jul 2013

The price offered is about a quarter of the value set by the govt in an auction that was scheduled for March 2013 but never took place.

Postal department to apply for bank licence: official

Postal department to apply for bank licence: official

Rediff.com   27 Jun 2013

The department has a network of more than 150,000 post offices across the country.

India to take action to stem rupee fall as necessary: Rajan

India to take action to stem rupee fall as necessary: Rajan

Rediff.com   20 Jun 2013

Rupee, he said, is not in shambles and "we should not be overtly pessimistic".

Chidambaram seeks to soothe investors' nerves

Chidambaram seeks to soothe investors' nerves

Rediff.com   11 Jun 2013

India's record current account deficit has been a key reason behind why Standard & Poor's and Fitch Ratings cut their outlooks on the country's sovereign rating to 'negative' last year.

Grounded Kingfisher Airlines posts Rs 2,142 crore loss

Grounded Kingfisher Airlines posts Rs 2,142 crore loss

Rediff.com   31 May 2013

The company had dent of about Rs 14,070 crore.

NO CASE for S&P ratings downgrade: Mayaram

NO CASE for S&P ratings downgrade: Mayaram

Rediff.com   20 May 2013

Mayaram said the concerns over the pace of implementing economic reforms were "overstated".

Car makers endure worst sales streak in history

Car makers endure worst sales streak in history

Rediff.com   10 May 2013

Economic gloom and rising ownership costs have savaged sales.

Jet set to order over 100 planes at airshow

Jet set to order over 100 planes at airshow

Rediff.com   10 May 2013

Jet has already confirmed an order for 50 737-MAX planes together with up to 10 777-300ERS from Boeing.

Boeing to compensate AI for Dreamliner grounding

Boeing to compensate AI for Dreamliner grounding

Rediff.com   3 May 2013

The carrier expects to restart Dreamliner operations for domestic flights by mid-May, Ajit Singh said.

Govt may shift cash hoard to commercial banks

Govt may shift cash hoard to commercial banks

Rediff.com   25 Apr 2013

Keeping that much money out of the banking system has created a liquidity deficit that has forced banks to borrow as much as RS 1.6 trillion from the central bank to meet daily funding needs.

Tata Tele to give up some airwaves to save surcharges

Tata Tele to give up some airwaves to save surcharges

Rediff.com   17 Apr 2013

Will give up extra airwaves in 15 service areas but will retain 3.75 megahertz in the Delhi and Mumbai.