Megha Manchanda &Amp; Arup Roychoudhury

Stories by Megha Manchanda &Amp; Arup Roychoudhury

PM's economic advisory council may be rejigged

PM's economic advisory council may be rejigged

Rediff.com   25 Sep 2019

Among possible new members, former chief economic advisor Arvind Virmani's name is doing the rounds.

Hoping for a revival, BSNL staff pen their anguish to PM Modi

Hoping for a revival, BSNL staff pen their anguish to PM Modi

Rediff.com   24 Sep 2019

BSNL is providing telecom services in remote parts of the country and maintaining 17,000 to 18,000 exchanges, incurring Rs 3,000 to Rs 4,000 crore losses every year. Otherwise, these villages will be cut off.

Gadkari's mega plan to woo investors

Gadkari's mega plan to woo investors

Rediff.com   16 Sep 2019

Gadkari said the NHAI was working on setting up an InvIT to monetise its projects for mobilising resources through capital markets.

NITI Aayog's artificial intelligence proposal gets FinMin's nod

NITI Aayog's artificial intelligence proposal gets FinMin's nod

Rediff.com   10 Sep 2019

NITI Aayog had been asking for Rs 7,500 crore for three years to set up an AI framework.

How Airtel plans to take on Reliance JioFiber

How Airtel plans to take on Reliance JioFiber

Rediff.com   3 Sep 2019

Airtel Xstream will allow its subscribers to access live TV, video, music, news and sports on an over-the-top smart stick, interned-enabled set top box, and handheld devices.

As FM, Jaitley will be remembered for fiscal rectitude

As FM, Jaitley will be remembered for fiscal rectitude

Rediff.com   25 Aug 2019

For his first Budget in July 2014, Jaitley inherited a fiscal deficit target of 4.1 per cent of GDP. From 4.1 per cent, the fiscal deficit came down to 3.4 per cent by 2018-19, with two slippages from the budgeted targets, in 2017-18 and 2018-19, the former due to introduction of the GST, says Arup Roychoudhury.

Unlike other UTs, Jammu & Kashmir to get funds from Centre's divisible pool

Unlike other UTs, Jammu & Kashmir to get funds from Centre's divisible pool

Rediff.com   7 Aug 2019

Sources in the Fifteenth Finance Commission said that they will implement the provisions after the bill is enacted and the President makes a reference to it.

How Sitharaman plans to tackle economic slowdown

How Sitharaman plans to tackle economic slowdown

Rediff.com   6 Aug 2019

As the government plans to take sector-specific steps to tackle the slump, Finance minister Nirmala Sitharaman will soon hold talks with representatives from various sectors to get and take steps so that the confidence of those sectors can be restored.

FM to meet all bank heads on Monday to discuss NBFC crisis

FM to meet all bank heads on Monday to discuss NBFC crisis

Rediff.com   3 Aug 2019

Credit to priority sectors as well as small and medium industries will be discussed to find ways to accelerate economic growth.

Overseas sovereign bonds are happening, but in tranches

Overseas sovereign bonds are happening, but in tranches

Rediff.com   2 Aug 2019

An official said that people in the government were aware of the benefits as well as the drawbacks of issuing overseas sovereign bonds, and there will be consultations with all stakeholders.

The new Motor Vehicles Bill: What's it all about

The new Motor Vehicles Bill: What's it all about

Rediff.com   1 Aug 2019

The much-needed amendments will improve road safety, facilitate citizens in their dealings with transport departments, strengthen rural transport, public transport and last-mile connectivity through automation, computerisation and online services.

Telcos up in arms over free spectrum to Railways

Telcos up in arms over free spectrum to Railways

Rediff.com   30 Jul 2019

Bharti Airtel, Reliance Jio, Vodafone Idea said the Railways should not be permitted to offer commercial services like Wi-fi and voice and video communication.

What is the future of GST?

What is the future of GST?

Rediff.com   30 Jul 2019

With less than five months left for the report of the Fifteenth Finance Commission to be submitted, its chairman N K Singh said the report will have fiscal road map for states, depending on their current situation.

Round 1, Jio scores against Airtel, Voda Idea

Round 1, Jio scores against Airtel, Voda Idea

Rediff.com   25 Jul 2019

Rs 3,050-crore penalty on Airtel, Voda Idea gets nod. Final decision will be taken by DoT.

As finance secretary, Garg rubbed too many the wrong way

As finance secretary, Garg rubbed too many the wrong way

Rediff.com   25 Jul 2019

Owing to Finance Minister Nirmala Sitharaman being new to her role, a number of crucial announcements in the Budget bore Garg's imprint, especially the decision to borrow in overseas markets, reduce the fiscal deficit as a percentage of gross domestic product, and resort to off-Budget borrowing to meet that target, says Arup Roychoudury.

Will private cryptocurrencies be finally banned?

Will private cryptocurrencies be finally banned?

Rediff.com   23 Jul 2019

A government panel said policymakers and regulators should have an open mind regarding the introduction of an official digital currency in India.

$3-4 billion worth sovereign bonds likely to be issued in 1st phase

$3-4 billion worth sovereign bonds likely to be issued in 1st phase

Rediff.com   23 Jul 2019

The bonds will likely be simultaneously launched in major financial centres such as London, Singapore, Hong Kong, New York for a term of no less than 20 years.

Indian Railways' heritage routes likely to be monetised

Indian Railways' heritage routes likely to be monetised

Rediff.com   10 Jul 2019

The railways heritage lines that are part of the UNESCO-accorded sites list include Darjeeling Himalayan Railway, Nilgiri Mountain Railway, and Kalka Shimla Railway.

Govt sets October deadline for sale of Air India

Govt sets October deadline for sale of Air India

Rediff.com   8 Jul 2019

Sources in the know said the government would initiate talks with businesses, including Tatas, shortly for divesting its stake in the national carrier.

As things turn sour, Jalan panel hopes to pacify FinMin

As things turn sour, Jalan panel hopes to pacify FinMin

Rediff.com   2 Jul 2019

The main difference of opinion between RBI and FinMin is over the transfer of the RBI's 'excess' capital reserves. The Jalan panel seeks to convince finance secretary Subhash Garg to soften his dissent note language. The move is aimed at maintaining the now-cordial relations between the RBI and the finance ministry.