Harsh Kumar &Amp;Amp; Sanjeeb Mukherjee

Stories by Harsh Kumar &Amp;Amp; Sanjeeb Mukherjee

Debt Recovery Overhaul Likely In Budget

Debt Recovery Overhaul Likely In Budget

Rediff.com   4 days ago

The Centre is considering amendments to the Recovery of Debt and Bankruptcy Act in the Budget to allow some Debt Recovery Tribunals to focus only on high-value cases.

Karan Fries: India's New Dairy Powerhouse

Karan Fries: India's New Dairy Powerhouse

Rediff.com   6 days ago

Karan Fries is a synthetic cow breed developed by the National Dairy Research Institute, Karnal.

Budget may signal new cooperative ambition

Budget may signal new cooperative ambition

Rediff.com   12 Jan 2026

The Union Budget for 2026-27 is expected to sketch out a road map for trebling the cooperative sector's contribution to the Indian economy over the next decade, with the aim of bringing 500 million people within its ambit, in line with the objectives of the National Cooperative Policy, 2025.

Cold Days Ahead After Warm 2025

Cold Days Ahead After Warm 2025

Rediff.com   2 Jan 2026

Above-normal cold wave days are expected in some areas of central India, eastern Uttar Pradesh and Bihar during January 2026.

Govt notifies rules to enable 100% FDI in insurance sector

Govt notifies rules to enable 100% FDI in insurance sector

Rediff.com   1 Jan 2026

Following the notification allowing 100 per cent foreign direct investment (FDI) in the insurance sector, the Finance Ministry has revised norms to remove the requirement that a majority of directors and key management personnel in an insurance company with foreign investment be Indian residents.

Housing top reason for partial withdrawals under NPS in FY25

Housing top reason for partial withdrawals under NPS in FY25

Rediff.com   31 Dec 2025

The highest number of requests was reported for the purchase or construction of residential houses, which stood at 172,625, of which 155,236 were settled, involving an amount of Rs 1,327.91 crore partial withdrawals under the National Pension System (NPS) in FY 2024-25, according to data from the Pension Fund Regulatory and Development Authority (PFRDA) annual report released this month.

New Rural Jobs Bill Sparks International Concern

New Rural Jobs Bill Sparks International Concern

Rediff.com   20 Dec 2025

'Previously, contributing only 25 per cent of material costs, states now face burdens of 40 per cent to 100 per cent of total costs, ensuring poorer states will curb project approvals, directly stifling work demand.'

Nationwide Stir Against Scrapping MGNREGA

Nationwide Stir Against Scrapping MGNREGA

Rediff.com   18 Dec 2025

Civil society groups, led by the NREGA Sangharsh Morcha, are planning a nationwide protest -- similar to the farmers' stir a few years ago -- starting December 19 demanding scrapping of the new Viksit Bharat-Guarantee for Rozgar and Aajeevika Mission.

Stricter safeguards on cards for life funds

Stricter safeguards on cards for life funds

Rediff.com   16 Dec 2025

The government has circulated among members ofParliament a new draft of the Amendment of Insurance laws Bill, 2025, proposing stricter safeguards on the utilisation of life insurance funds and other specified insurance business funds, particularly for dividend payouts, bonuses, and servicing of debentures.

Centre restarts MGNREGA in West Bengal, but conditions apply

Centre restarts MGNREGA in West Bengal, but conditions apply

Rediff.com   10 Dec 2025

After a gap of more than three years, the central government has agreed to resume the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) works in West Bengal with immediate effect, but subject to mandatory adherence to stringent conditions. These include a prohibition on any work valued at more than 20 lakh, compulsory 100 per cent electronic know-your-customer (eKYC) verification of all workers, and mandatory pre-estimation field visits for all works before they are undertaken.

India Set for Colder Plains, Warmer Hills

India Set for Colder Plains, Warmer Hills

Rediff.com   2 Dec 2025

The winters could be cooler in the plains due to the prevailing La Nina conditions though it does not have a direct relationship and also due to influence of the polar vortex.

India's rice output may hit record high

India's rice output may hit record high

Rediff.com   27 Nov 2025

Releasing the first advanced estimate, Union Agriculture Minister Shivraj Singh Chouhan said that though excessive rainfall affected crops in some areas of the country, most parts have benefited significantly from a good monsoon, leading to overall good crop growth.

Sugar industry relieved as Centre allows 1.5 mt import

Sugar industry relieved as Centre allows 1.5 mt import

Rediff.com   18 Nov 2025

Amid the political push and pull, the Centre's decision to allow sugar exports and remove the 50 per cent duty on molasses exports has rekindled hope in the industry that more relief may follow.

India's NCDEX eyes 20% stake in Sri Lanka's first commodity exchange

India's NCDEX eyes 20% stake in Sri Lanka's first commodity exchange

Rediff.com   17 Nov 2025

India's leading agriculture commodity exchange, the National Commodity & Derivatives Exchange (NCDEX), has decided to acquire around a 20 per cent stake in a new commodities and financial derivatives exchange being set up in Sri Lanka, subject to regulatory and governmental approvals. The move aims to deepen NCDEX's footprint in the financial ecosystem of its neighbouring country.

'For FY26, We Expect Corporate Loan Book Upto Rs 4 Tn'

'For FY26, We Expect Corporate Loan Book Upto Rs 4 Tn'

Rediff.com   15 Nov 2025

'We currently have new proposals worth Rs 1.48 trillion in the pipeline.'

FATF lauds India's ED as model asset recovery agency

FATF lauds India's ED as model asset recovery agency

Rediff.com   11 Nov 2025

In its report, 'Asset Recovery Guidance and Best Practices', the global money laundering and terrorist financing watchdog, shared multiple examples from cases investigated by the ED, citing them as models of effective asset recovery practice and inter-agency coordination.

'NPS Will Exceed 30% Growth This Financial Year'

'NPS Will Exceed 30% Growth This Financial Year'

Rediff.com   17 Oct 2025

'The informal sector can grow at a 100 per cent rate -- we have to plan big.'

Six states evince interest to join UPS, says PFRDA chairman S Ramann

Six states evince interest to join UPS, says PFRDA chairman S Ramann

Rediff.com   14 Oct 2025

The Unified Pension Scheme (UPS) adoption rate has risen to over 4.35 per cent, with more than 100,000 people out of 2.3 million eligible individuals opting for it, Pension Fund Regulatory and Development Authority (PFRDA) chairman S Ramann said in an exclusive interview with Business Standard on Monday. He also said that six states had approached the PFRDA for help in adoption of the scheme.

FinMin Pushes RBI for Faster Fraud Shield

FinMin Pushes RBI for Faster Fraud Shield

Rediff.com   8 Oct 2025

By enabling real-time data sharing, the platform will help prevent scams and ensure secure transactions.

Bihar Polls: Non-Stop Contest For Sops

Bihar Polls: Non-Stop Contest For Sops

Rediff.com   2 Oct 2025

Both NDA and INDIA are racing to woo marginalised groups with Assembly polls fast approaching.