Harsh Kumar, Archis Mohan

Stories by Harsh Kumar, Archis Mohan

Yogi Goes All Out For Flawless Mahakumbh

Yogi Goes All Out For Flawless Mahakumbh

Rediff.com   24 Dec 2024

For Yogi Adityanath the successful management of the fair is a crucial part of building 'Brand UP' and making the state a $1 trillion economy.

'If Pranab Was PM, Cong Would Have...'

'If Pranab Was PM, Cong Would Have...'

Rediff.com   19 Dec 2024

'...still have lost the 2014 Lok Sabha polls but could have won 140 seats.'

Will CBI Train Bankers To Detect Fraud?

Will CBI Train Bankers To Detect Fraud?

Rediff.com   18 Dec 2024

The number of frauds in the banking sector increased over four times in the past five years to 36,075.

Who Says Our Netas Are Not Educated?

Who Says Our Netas Are Not Educated?

Rediff.com   17 Dec 2024

In Maharashtra's 288-member assembly, the share of legislators with college degrees increased over the past decade.

New RBI Guv promises to do 'what is best for the economy'

New RBI Guv promises to do 'what is best for the economy'

Rediff.com   11 Dec 2024

A day after his appointment as the 26th governor of the Reserve Bank of India (RBI), outgoing Revenue Secretary Sanjay Malhotra on Tuesday said one must understand the economic landscape and do what was best for the economy. "Let me first go, join, understand the turf ... Here it is a different role," Malhotra said, speaking to reporters in front of North Block.

What Will RBI Governor's Agenda Be?

What Will RBI Governor's Agenda Be?

Rediff.com   10 Dec 2024

As RBI governor, Sanjay Malhotra will have to give the highest priority to the interest of the economy while deciding on the growth-inflation trade off at Mint Street.

PSBs prepare to open AT-1, Tier-2 bond floodgates

PSBs prepare to open AT-1, Tier-2 bond floodgates

Rediff.com   3 Dec 2024

Public sector banks (PSBs) have proposed the Finance Ministry their plan to raise Rs 54,800 crore through Additional Tier-1 (AT-1) and Tier-2 bonds in the current financial year (FY25), 37 per cent more than the Rs 39,880 crore raised in FY24

'GST Council Should Jack Up Rates'

'GST Council Should Jack Up Rates'

Rediff.com   30 Nov 2024

'Rates go up, revenues go up, and the need for compensation diminishes.'

'Trump's Win Won't Affect Skilled Immigrants'

'Trump's Win Won't Affect Skilled Immigrants'

Rediff.com   27 Nov 2024

'As far as skilled immigration is concerned, the US needs Indian skills and Indian talent, and there are no two opinions about it even among US companies.'

PSBs clocked 11% growth in H1FY25

PSBs clocked 11% growth in H1FY25

Rediff.com   13 Nov 2024

The Union Finance Ministry on Tuesday said that aggregate business of public sector banks (PSBs) has shown strong growth of 11 per cent in the first half of the financial year 2024-25 (H1FY25) to touch Rs 236 trillion. The operating and net profit were also robust. At Rs 1.5 trillion, operating profit grew by 14.4 per cent year-on-year (Y-o-Y) while the net profit saw an impressive 25.6 per cent jump at Rs 85,520 crore in the first half of FY25.

'Focus Is To Maintain The Casa Ratio'

'Focus Is To Maintain The Casa Ratio'

Rediff.com   8 Nov 2024

'It has remained around 38 per cent over the past four to five quarters.'

Pillar Two tax regime unlikely soon as India moves with caution

Pillar Two tax regime unlikely soon as India moves with caution

Rediff.com   6 Nov 2024

The Union government is expecting to rake in Rs 100-200 crore in additional revenue from Pillar Two, only under specific circumstances, a senior finance ministry official said requesting anonymity. It is proceeding cautiously, and is unlikely to implement rules anytime soon, the source said.

It's Family Time For Assembly Bypolls

It's Family Time For Assembly Bypolls

Rediff.com   2 Nov 2024

Political parties have fielded sons, wives and daughters-in-law of legislators who quit after being elected to the Lok Sabha.

AAP, BJP Slug Fest Over Delhi Health Model

AAP, BJP Slug Fest Over Delhi Health Model

Rediff.com   31 Oct 2024

AAP projects its affordable 'health model' as a success story. The BJP calls it a hoax.

CPSE dividend likely to cross record FY24 tally

CPSE dividend likely to cross record FY24 tally

Rediff.com   29 Oct 2024

The Centre may overshoot the Rs 56,260 crore target for dividend receipts from central public-sector enterprises (CPSEs) set for FY25 and is likely to end up getting around Rs 65,000 crore this financial year, according to a senior government official. This excludes dividend from nationalised banks and financial institutions. As on October 21, the Centre collected Rs 28,913 crore as dividend and other investment from CPSEs, accounting for over 50 per cent of the Budget Estimate for FY25.

Centre doubles Mudra loan ceiling to Rs 20 lakh under new category

Centre doubles Mudra loan ceiling to Rs 20 lakh under new category

Rediff.com   28 Oct 2024

The government on Friday doubled the limit of Mudra loan amount under the Pradhan Mantri Mudra Yojana (PMMY) to Rs 20 lakh from Rs 10 lakh under a new 'Tarun Plus' category to promote entrepreneurship in the country.

Indian banks in Canada fear biz loss amid row

Indian banks in Canada fear biz loss amid row

Rediff.com   21 Oct 2024

If there is a decline in the number of Indian students pursuing higher studies in Canada due to the ongoing diplomatic tensions between the two countries, it may have implications for Indian banks operating in the North American country, senior bank officials said.

BJP Plays Dalit Ace In Haryana

BJP Plays Dalit Ace In Haryana

Rediff.com   19 Oct 2024

The move, a first in the country after the Supreme Court order, is intended to consolidate the BJP's Dalit outreach in Haryana.

'Preparing to enter affordable housing loans space'

'Preparing to enter affordable housing loans space'

Rediff.com   13 Oct 2024

'Focus will be on smaller loan amounts to meet the needs of affordable homebuyers.'

How Will Mo-Shah Treat Omar Abdullah?

How Will Mo-Shah Treat Omar Abdullah?

Rediff.com   11 Oct 2024

Omar Abdullah will have to negotiate at every step with the lieutenant governor's office and the Modi government at the Centre.