Nayanima Basu And Vrishti Beniwal

Stories by Nayanima Basu And Vrishti Beniwal

Exporters smile as order books bloat

Exporters smile as order books bloat

Rediff.com   21 Aug 2013

Depreciating rupee a silver lining for some businesses amid the economic downturn.

Wherever you go, tax dept follows

Wherever you go, tax dept follows

Rediff.com   20 Aug 2013

Officials are relying on both formal and informal methods for reaching non-filers.

India still eyes World Bank loans

India still eyes World Bank loans

Rediff.com   19 Aug 2013

Diplomatic channels activated to keep India eligible for soft loans from World Bank affiliate, though rules show it's probably time we made way for the needier others.

No Indian for WTO deputy chief post

No Indian for WTO deputy chief post

Rediff.com   19 Aug 2013

For the first time in the last eight years, India would not have any representative for the post of deputy director general.

Law ministry says e-KYC valid

Law ministry says e-KYC valid

Rediff.com   9 Aug 2013

Finance ministry asks bank, insurance & market regulators to issue notifications

Indo-Pak trade talks to be hit again

Indo-Pak trade talks to be hit again

Rediff.com   8 Aug 2013

The MFN (Most Favoured Nation, meaning non-discriminatory treatment for each other) issue is of prime importance to India, as it wants to have greater access in the Pakistani markets.

Nod for sovereign bond issue by public sector banks unlikely

Nod for sovereign bond issue by public sector banks unlikely

Rediff.com   2 Aug 2013

Officials asked what the point was in going through banks when the government has to give guarantees.

Consumer durables likely to face higher import duty

Consumer durables likely to face higher import duty

Rediff.com   2 Aug 2013

However, worries on inadequate import and issues for the FTA pacts.

Can't leave too many people out of tax net: Parthasarathi Shome

Can't leave too many people out of tax net: Parthasarathi Shome

Rediff.com   31 Jul 2013

Taxpayer satisfaction is a part of the matrix of key performance indicators of the administration.

Seizure of smuggled gold zooms 365% in Q1

Seizure of smuggled gold zooms 365% in Q1

Rediff.com   27 Jul 2013

The rise in illegal imports of the yellow metal has caught the eye of the finance ministry.

Jet-Etihad deal hits Sebi, DIPP roadblocks

Jet-Etihad deal hits Sebi, DIPP roadblocks

Rediff.com   26 Jul 2013

Concerns over effective control not addressed in the second revised shareholders' agreement, says DIPP; Sebi opposes commercial cooperation pact

'It is possible to have GST by 2014'

'It is possible to have GST by 2014'

Rediff.com   23 Jul 2013

The Empowered Committee of State Finance Ministers got its new chairman on Monday in Jammu and Kashmir's Abdul Rahim Rather.

Trade deficit: Enough forex reserve to easily finance 59% of India's imports

Trade deficit: Enough forex reserve to easily finance 59% of India's imports

Rediff.com   22 Jul 2013

The trade deficit makes up an important part of the current account deficit, which had touched an all-time high of 4.8 per cent in 2012-13.

Public sector banks fear losing good talent to new banks

Public sector banks fear losing good talent to new banks

Rediff.com   19 Jul 2013

Disgruntled executives are already pinning hopes on the new banks, too.

New banks might queer the pitch for state-owned ones

New banks might queer the pitch for state-owned ones

Rediff.com   18 Jul 2013

With new private banks in the play, the going could become more difficult for the old-school state-run banks, already losing business and market position, forcing them to think hard towards consolidating and forming larger entities to garner big-ticket deals.

FDI reforms: Now, pharma in focus

FDI reforms: Now, pharma in focus

Rediff.com   18 Jul 2013

FDI in brownfield investment has resulted in acquisition of domestic drug-manufacturing firms by multinational companies.

India plans massive duty cut on Pakistan textile imports

India plans massive duty cut on Pakistan textile imports

Rediff.com   17 Jul 2013

Currently, India imposes 30-45 per cent duty on textile products from Pakistan.

PM calls industry after receiving SOS from Sharma

PM calls industry after receiving SOS from Sharma

Rediff.com   14 Jul 2013

In a meeting with the commerce minister, India Inc hammered Sharma on the collapse of investments, structural nature of the current account deficit and stagnant growth in agriculture.

I-T dept net catches small transactions, too

I-T dept net catches small transactions, too

Rediff.com   11 Jul 2013

Penalty can be levied at 100-300 per cent of the tax evaded, while tax is imposed at the highest rate of 30 per cent.

DIPP to move Cabinet on FDI caps for some sectors

DIPP to move Cabinet on FDI caps for some sectors

Rediff.com   2 Jul 2013

A panel headed by Economic Affairs secretary Arvind Mayaram had suggested FDI limit be raised to 49 per cent in almost all sectors through the automatic route.