Nivedita Mookerji &Amp; Somesh Jha

Stories by Nivedita Mookerji &Amp; Somesh Jha

Compulsory annual health checks proposed for workers

Compulsory annual health checks proposed for workers

Rediff.com   4 Apr 2018

This will help employers keep a track of the diseases workers could suffer from while doing their jobs.

Modi's 2017 travel bill: Rs 765 million

Modi's 2017 travel bill: Rs 765 million

Rediff.com   4 Apr 2018

Modi spent 32 days out of the country in 2017.

PNB may be allowed to spread fraud losses over 4 quarters

PNB may be allowed to spread fraud losses over 4 quarters

Rediff.com   28 Mar 2018

With the entire fraud amount becoming a non-performing asset, around 25 per cent of the bank's estimated net worth of Rs 40,000 crore could be affected.

Honoured all LoUs during 2011-16: PNB to FinMin

Honoured all LoUs during 2011-16: PNB to FinMin

Rediff.com   22 Mar 2018

The bank also issued 234 LoUs worth Rs 1,880 crore to another group of companies promoted by Mehul Choksi in 2015 and 2016

'Like any great leader, Modi demands performance'

'Like any great leader, Modi demands performance'

Rediff.com   21 Mar 2018

'We are making a transition from governance to campaign mode.' 'The speed of execution is picking up,' says Union Minister Jayant Sinha.

The bank has the power of 5Cs: PNB chief

The bank has the power of 5Cs: PNB chief

Rediff.com   13 Mar 2018

The bank has one of the highest current account savings account share, stable credit quality, robust credit growth, adequate capital and low cost-to-income ratio, said PNB chief Sunil Mehta.

PNB to provide for Rs 60 bn loss this quarter for NiMo scam

PNB to provide for Rs 60 bn loss this quarter for NiMo scam

Rediff.com   12 Mar 2018

"Our preliminary estimates show we may have to provide for around Rs 60 billion in the balance sheet for the quarter ending on March. The due date for LoUs amounting to Rs 60 billion is falling in the present quarter. This will be a contingent liability for the bank," said a senior executive, on condition of anonymity.

Why Nirav Modi reminds me of Nick Leeson

Why Nirav Modi reminds me of Nick Leeson

Rediff.com   1 Mar 2018

Decades apart, but the drama linked to the two appears similar, says Nivedita Mookerji.

The rot in the EPFO data

The rot in the EPFO data

Rediff.com   22 Feb 2018

Out of around 80 million accounts that were analysed, there were 10 million records with only names and no other details about the subscribers, including their date of joining, date of birth and father's name, among others, in the EPFO's records.

Why Indian Labour Conference has been postponed

Why Indian Labour Conference has been postponed

Rediff.com   21 Feb 2018

At the 47th ILC, scheduled for February 26 and 27 in Delhi, trade unions and employers were to discuss key issues related to employment and social security coverage to workers

Job creation takes a beating in April-June 2017

Job creation takes a beating in April-June 2017

Rediff.com   21 Feb 2018

The number of new jobs created declined by around 65 per cent to 64,000 in April-June 2017, from 185,000 in January-March 2017, according to the Labour Bureau's quarterly report on employment.

Lapses in banking system: Govt seeks RBI's views

Lapses in banking system: Govt seeks RBI's views

Rediff.com   20 Feb 2018

In its letter, finance ministry has pointed to sections 35, 35A and 36 of the Banking Regulation Act, 1949, to highlight the powers and functions of the RBI as regulator

How govt plans to ensure PNB-style scams don't ever happen

How govt plans to ensure PNB-style scams don't ever happen

Rediff.com   20 Feb 2018

Govt tells PSBs to integrate banking systems, rotate staff as a policy

PNB fraud: 'Probability of bank scams is much higher in PSBs'

PNB fraud: 'Probability of bank scams is much higher in PSBs'

Rediff.com   19 Feb 2018

The RBI expects the assessment to show if the systemic failure was only in PNB or in the overall banking universe

PNB fraud raises stink over banks' risk management ability

PNB fraud raises stink over banks' risk management ability

Rediff.com   16 Feb 2018

The latest fraud is a failure of management supervision and accountability, as no bad debt was generated and no cash was involved

No representations from investors against LTCG tax: Sebi chief

No representations from investors against LTCG tax: Sebi chief

Rediff.com   12 Feb 2018

After holding discussions with the FM, the Sebi chief said the government thought it was an opportune time to levy the LTCG tax as the "markets are booming."

Govt drops move to make hire and fire easier

Govt drops move to make hire and fire easier

Rediff.com   10 Feb 2018

The decision to drop the proposal was taken last month during a meeting that Finance Minister Arun Jaitley held with labour ministry officials.

Why RSS' labour wing will boycott PM's speech

Why RSS' labour wing will boycott PM's speech

Rediff.com   10 Feb 2018

Calling the Budget 2018 'anti-labour', the Bharatiya Mazdoor Sangh will observe February 20 as a 'black day'.

Budget 2018: Jaitley may have some bad news for the labour ministry

Budget 2018: Jaitley may have some bad news for the labour ministry

Rediff.com   31 Jan 2018

It had earlier proposed cutting it down to Rs 250 crore due to slow progress in enrollment of new employees.

Invested in Bitcoin etc? Get ready for the taxman

Invested in Bitcoin etc? Get ready for the taxman

Rediff.com   20 Jan 2018

Income tax department sends out notices to cryptocurrency investors on suspicion of tax evasion.