Rajesh Bhayani, Joydeep Ghosh And Samie Modak

Stories by Rajesh Bhayani, Joydeep Ghosh And Samie Modak

Gold imports touch $34bn in FY18, highest in 3 years

Gold imports touch $34bn in FY18, highest in 3 years

Rediff.com   3 Apr 2018

Uncertainties like the bankruptcies bill, rising non-performing accounts at banks and political uncertainty are expected to drive gold demand higher in India.

Will IPOs this year give huge returns?

Will IPOs this year give huge returns?

Rediff.com   3 Apr 2018

The most sought-after IPOs of 2017-2018 reap handsome gains for investors, but will IPOs this year do well after listing?

Sensex slumps 3,686 points since January 29

Sensex slumps 3,686 points since January 29

Rediff.com   24 Mar 2018

The market last tumbled 10% or more in December 2016 following demonetisation. The decline was followed by a sharp rebound. This time the chances of such a v-shaped recovery are less.

Are Indian crypto exchanges going slow on Bitcoin?

Are Indian crypto exchanges going slow on Bitcoin?

Rediff.com   22 Mar 2018

Cryptocurrency exchanges face issues with their current bank accounts.

LIC saves the day for Rs 4200 crore IPO of Hindustan Aeronautics

LIC saves the day for Rs 4200 crore IPO of Hindustan Aeronautics

Rediff.com   21 Mar 2018

LIC's Rs 3,000 crore bid helped HAL reach the minimum 10 per cent dilution threshold required for listing, sources said

Tanishq, TBZ, Kalyan under human rights lens

Tanishq, TBZ, Kalyan under human rights lens

Rediff.com   20 Mar 2018

Totally 13 global brands were surveyed by NGO on whether they ensured human right protection while sourcing when gold and diamonds

Mandatory hallmarking of gold jewellery soon

Mandatory hallmarking of gold jewellery soon

Rediff.com   15 Mar 2018

Measure to be implemented in metros first, followed by state capitals, district HQs and rest of country

Maharashtra produces variety of crops, yet its farmers are starving

Maharashtra produces variety of crops, yet its farmers are starving

Rediff.com   13 Mar 2018

There has been some improvement in prices of oilseed and gram after the central government increased their import duties

Achche din for IPO investors

Achche din for IPO investors

Rediff.com   9 Mar 2018

2017 saw the highest-ever mobilisation by way of IPOs of close to Rs 700 billion. The momentum is expected to continue this year as well.

How UPA's gold import scheme provided fodder for PNB scam

How UPA's gold import scheme provided fodder for PNB scam

Rediff.com   7 Mar 2018

The scheme, touted as a panacea to burgeoning CAD, was a huge flop that fostered a spike in smuggling and allowed several Gitanjali-like players to make a killing

Sharp tax cuts on gold among steps mooted by NITI panel

Sharp tax cuts on gold among steps mooted by NITI panel

Rediff.com   4 Mar 2018

While the government has not made the report public, sources said the panel had recommended a sharp cut in all taxes on the gold business, including import duty and goods and services tax which amounts to over 13%.

How much diamonds were imported in April-November?

How much diamonds were imported in April-November?

Rediff.com   2 Mar 2018

Two entities under the Union ministry of commerce report differing figures for import of cut and polished diamonds for the first eight months of the financial year.

Fraud in sight, De Beers cuts India's rough diamond allocation

Fraud in sight, De Beers cuts India's rough diamond allocation

Rediff.com   1 Mar 2018

'We don't trade with any business where we have specific concerns,' a De Beers spokesperson said.

The Crisis at India's public sector banks

The Crisis at India's public sector banks

Rediff.com   26 Feb 2018

The banking sector's credibility is on thin ice. Unless the government takes strict steps, things could get worse.

'Diamond trade continues to be money-laundering conduit'

'Diamond trade continues to be money-laundering conduit'

Rediff.com   23 Feb 2018

The spotlight is back on the hawala trade in diamonds.

ULIPs vs MFs: Where should you invest?

ULIPs vs MFs: Where should you invest?

Rediff.com   23 Feb 2018

While there's tax arbitrage advantage in ULIPs now, experts say investors should prefer mutual funds for long-term savings.

PNB fraud: How bank auditors failed to detect the scam

PNB fraud: How bank auditors failed to detect the scam

Rediff.com   20 Feb 2018

The problem here is that internal auditors are good at accounts, but they are not trained to track foreign exchange transactions

PNB fraud: More heads to roll in the jewellery sector

PNB fraud: More heads to roll in the jewellery sector

Rediff.com   19 Feb 2018

Three-four big gem and jewellery firms are showing financial weaknesses and might find it tough to withstand shocks

BSE, NSE cut off tieups with foreign exchanges

BSE, NSE cut off tieups with foreign exchanges

Rediff.com   10 Feb 2018

The move is meant to curb or reverse the export of India's financial markets to overseas trading platforms.

Despite odds, hunger for Bitcoins persists

Despite odds, hunger for Bitcoins persists

Rediff.com   8 Feb 2018

Indian exchanges see spurt in volumes due to the entry of newcomers to the trade