Ishan Bakshi And Nitin Sethi

Stories by Ishan Bakshi And Nitin Sethi

Cost of RBI's CRR diktat to banks: Rs 18,000 crores a year

Cost of RBI's CRR diktat to banks: Rs 18,000 crores a year

Rediff.com   30 Nov 2016

Much depends on how the liquidity situation evolves over the coming months, with greater clarity expected from the next monetary policy meeting scheduled for December 7.

Bharat has 70% of population, but only 19% of ATMs

Bharat has 70% of population, but only 19% of ATMs

Rediff.com   28 Nov 2016

Lens on rural transactions. Only 38% of branches of scheduled commercial banks (SCBs) are in rural areas

When Bill Gates did a U-turn on demonetisation

When Bill Gates did a U-turn on demonetisation

Rediff.com   18 Nov 2016

We are certainly for digitisation. I do not have opinion about demonetisation. I still don't, says Bill Gates.

Govt curtailed work under MGNREGA through WhatsApp chats

Govt curtailed work under MGNREGA through WhatsApp chats

Rediff.com   26 Oct 2016

Instructions from the Union rural development ministry to the state officials on the WhatsApp group show that the chat was also used as an off-record avenue for the Union government to pass instructions, which it could not have done through formal channels, keeping the law in mind.

How Centre's WhatsApp messages crashed MGNREGA

How Centre's WhatsApp messages crashed MGNREGA

Rediff.com   26 Oct 2016

Centre's off-the-record instructions through WhatsApp and a squeeze on funds brought the rural work programme to collapse after a roaring first half of the year.

Despite India's objection, Pak's climate change project gets approval at GCF

Despite India's objection, Pak's climate change project gets approval at GCF

Rediff.com   15 Oct 2016

India tried to block the project at the fund's board meeting in South Korea, but later agreed to approve it with new condition, reports Nitin Sethi.

Cash deals cost India 1.7% of GDP: Visa

Cash deals cost India 1.7% of GDP: Visa

Rediff.com   6 Oct 2016

Reducing it to 1.3% would lead to savings of Rs 70,000 crore over 5 years

This river linking project may cut India's tiger habitats

This river linking project may cut India's tiger habitats

Rediff.com   21 Sep 2016

100 square kilometre of Panna Tiger Reserve could go under water, writes Nitin Sethi.

Why Lamka won't bury its dead

Why Lamka won't bury its dead

Rediff.com   12 Sep 2016

The church bells don't toll in Churachandpur any more. The hill district in Manipur has been in mourning for more than a year.

'Do you want the poor to pay even to shit?'

'Do you want the poor to pay even to shit?'

Rediff.com   30 Aug 2016

'We cannot let this country be a place where the poor pay to shit.' 'That is inhuman and unacceptable.'

Draft promises changes in forest and wildlife laws but nothing official about it, yet

Draft promises changes in forest and wildlife laws but nothing official about it, yet

Rediff.com   19 Aug 2016

The proposed changes, as per the draft, could continue some of the existing conflict between wildlife protection regulations with the implementation of Forest Rights Act, 2006, which gives rights to tribals in all kinds of traditional forest lands -- including the wildlife zones, such as national parks. The new proposed law, just as the original one from 1972, does not explicitly recognise these rights in all wildlife areas.

Vision 2020: India to grow at 7.7%, China at 6.4%

Vision 2020: India to grow at 7.7%, China at 6.4%

Rediff.com   12 Aug 2016

Creation of 115 million non-farm jobs over next decade critical to sustaining growth, says McKinsey

GST may burn a hole in middle class' pocket

GST may burn a hole in middle class' pocket

Rediff.com   9 Aug 2016

Taxes on health, excluding medicines, could rise from 8.8 per cent currently, to around 13.6 per cent - an increase of 4.8 per cent.

Which sector to benefit most from GST?

Which sector to benefit most from GST?

Rediff.com   6 Aug 2016

Moody's expects tax to be lower than the multitude of taxes such as sales tax, excise duties, local taxes, and value-added taxes the automobile sector currently pays

Startup India: Why progress is soooo slow

Startup India: Why progress is soooo slow

Rediff.com   28 Jul 2016

Seven months down the line, not much progress has been made, except that the scheme is still being fine-tuned.

Congress flips again, will oppose forest Bill in RS

Congress flips again, will oppose forest Bill in RS

Rediff.com   24 Jul 2016

CAF Bill's fate to be decided on Monday

Real estate could be exempted from central environmental rules

Real estate could be exempted from central environmental rules

Rediff.com   13 Jul 2016

Urban ministry changes rule before public consultation by environment ministry

'Narasimha Rao pushed reforms through stealth'

'Narasimha Rao pushed reforms through stealth'

Rediff.com   10 Jul 2016

Political scientist Vinay Sitapati explores the role played by the then Prime Minister P V Narasimha Rao in steering the reforms through in his new book Half Lion.

Impact of the pay hike burden on 11 key states

Impact of the pay hike burden on 11 key states

Rediff.com   8 Jul 2016

West Bengal and Maharashtra, despite having fewer public sector employees, are likely to face a higher burden of salaries and pensions.

Forget Rs 200 crore, Adanis can only be fined Rs 1 lakh now

Forget Rs 200 crore, Adanis can only be fined Rs 1 lakh now

Rediff.com   7 Jul 2016

In its final order, the environment ministry had concluded that the upfront payment of Rs 200 crore as Environment Restoration Fund for violations and damage done was not permitted under the Environment Protection Act. Consequent to this order, the penalty that could be imposed on any confirmation of violation in the future is a maximum of Rs 1 lakh.