N Sundaresha Subramanian &Amp; Sanjeeb Mukherjee

Stories by N Sundaresha Subramanian &Amp; Sanjeeb Mukherjee

'Savukku' Shankar: Is he India's Julian Assange?

'Savukku' Shankar: Is he India's Julian Assange?

Rediff.com   10 Feb 2014

A vigilance department insider-turned-online journalist, busy taking on the establishment, comes to fore with the 2G tapes

India to offer visa-on-arrival facility for all but 8 countries

India to offer visa-on-arrival facility for all but 8 countries

Rediff.com   6 Feb 2014

India will extend the visa-on-arrival facility to all countries except eight with effect from September. The countries not covered under this single-entry e-visa facility, meant for purposes other than paid employment and education with a one-month time limit, are Pakistan, Sudan, Afghanistan, Iran, Iraq, Nigeria, Sri Lanka and Somalia. The facility is currently available to 11 countries, including New Zealand, Singapore, Luxembourg, Japan and Finland.

Investment outlays below target in most infra sectors over FY14

Investment outlays below target in most infra sectors over FY14

Rediff.com   15 Jan 2014

Infrastructure investments in politically-expedient sectors such as water supply, sanitation and irrigation have seen an increase during the first year of the 12th Five-Year Plan (2012-13 to 2016-17), but the same did not get replicated in other critical sectors.

Rahul summons Cong CMs to chalk out 2014 strategy

Rahul summons Cong CMs to chalk out 2014 strategy

Rediff.com   27 Dec 2013

Congress vice-president Rahul Gandhi has called a meeting of chief ministers of party-ruled states to chalk out the party's strategy in the run-up to the general election. The leaders would focus on setting up of Lokayuktas in a time-bound manner in states and curbing food inflation.

Govt to raise grain stock reserve

Govt to raise grain stock reserve

Rediff.com   18 Dec 2013

Cabinet note being readied, on basis of study, to ensure against foodgrain shortage; might require buffer of up to 50% more.

What do foreign investors want?

What do foreign investors want?

Rediff.com   17 Dec 2013

The behaviour of the foreign institutional investors is gauged from the numbers put out by the exchanges and regulators.

Economic Survey unlikely in February

Economic Survey unlikely in February

Rediff.com   5 Dec 2013

Survey likely to be tabled in July by the new government.

Sebi move on FPI regime grounded

Sebi move on FPI regime grounded

Rediff.com   19 Nov 2013

Revenue dept says changes in I-T Act require Parliament nod; new regime to wait till Budget in June-July 2014.

Govt in firefighting mode to bring down onion prices

Govt in firefighting mode to bring down onion prices

Rediff.com   24 Oct 2013

Govt floated import tender, allowed import without fumigation.

Norms for backward states' funding to be tweaked

Norms for backward states' funding to be tweaked

Rediff.com   22 Oct 2013

According to a senior Planning Commission official, according to the new criteria evolved by members Abhijit Sen and Mihir Shah, henceforth BRGF amounts will be allocated on the basis of backward blocks and not just districts.

Who will foot the Rs 1,700-crore NSEL bill?

Who will foot the Rs 1,700-crore NSEL bill?

Rediff.com   15 Oct 2013

Exchange used new investors' money to pay returns to old ones, finds FMC's forensic audit.

NSEL investors want assets of Shah, directors attached

NSEL investors want assets of Shah, directors attached

Rediff.com   25 Sep 2013

About Rs 5,600 crore (Rs 56 billion) of investments of some 13,000 investors are stuck in NSEL. Despite reports from several internal committees of regulators and investigative agencies pointing to fraudulent activities, there hasn't been any substantial enforcement action against the exchange or the officials.

Lack of consensus in coalition can hurt India's growth: Montek

Lack of consensus in coalition can hurt India's growth: Montek

Rediff.com   20 Sep 2013

As the country faces the possibility of a fractured mandate after the 2014 general elections, Planning Commission Deputy Chairman Montek Singh Ahluwalia is of the view that in an era of coalition governments, special steps are needed to build consensus around policies or else, India will not be able to grow at its full potential.

Govt paves way for Rs 50k-cr projects to set up chip fabs

Govt paves way for Rs 50k-cr projects to set up chip fabs

Rediff.com   13 Sep 2013

For the past few weeks, the government has been in an overdrive, pushing stuck projects with the larger aim to improve the country's economic growth, which had fallen to a four-year low of 4.4 per cent in the first quarter of this financial year.

Did NSEL investors' money never reach borrowers?

Did NSEL investors' money never reach borrowers?

Rediff.com   5 Sep 2013

Ledger entries in NSEL books show no record of T+2 leg of the paired trades with borrowers.

NSEL's Rs 720-cr sugar stock turned into a multi-storey mall

NSEL's Rs 720-cr sugar stock turned into a multi-storey mall

Rediff.com   2 Sep 2013

A much-vacant mall in a sleepy industrial park is all that's left of the amount allegedly owed by Mangla Shree Properties against 0.2-mt sugar deliveries

Farm sector's likely robust FY14 show may not dispel gloom

Farm sector's likely robust FY14 show may not dispel gloom

Rediff.com   2 Sep 2013

In the past two decades, the country's economic growth slipped below five per cent in only three years - in 1997-98, 2000-01 and 2002-03.

Decoding the food security legislation

Decoding the food security legislation

Rediff.com   31 Aug 2013

The government had pegged food subsidy at Rs 90,000 crore (Rs 900 billion) in the 2013-14 Union Budget.

Financial Technologies' exchanges abroad under lens

Financial Technologies' exchanges abroad under lens

Rediff.com   31 Aug 2013

Laxity in enforcing KYC and allied norms suspected; money laundering gaps also on probe panel's mind

'Some people don't want the poor to get food'

'Some people don't want the poor to get food'

Rediff.com   29 Aug 2013

The stock and foreign exchange markets have had a negative reaction to the government's biggest social security programme, the National Food Security Bill. Food minister K V Thomas questions the rationale behind such a response