Ruchika Chitravanshi, Business Standard

Stories by Ruchika Chitravanshi, Business Standard

High equality ranking for India masks deeper gaps, say economists

High equality ranking for India masks deeper gaps, say economists

Rediff.com   14 Jul 2025

A recent World Bank report placing India among the most equal countries globally may present a limited view of inequality, with economists suggesting that broader data sets could tell a different story. According to the report, India's Gini index (or coefficient/ratio), a key measure of inequality, stood at 25.5 in 2022-23, placing the country fourth globally in terms of equality, behind only the Slovak Republic, Slovenia, and Belarus.

Breaking up bad assets: Can IBBI's part-resolution rewire insolvency rules?

Breaking up bad assets: Can IBBI's part-resolution rewire insolvency rules?

Rediff.com   7 Jul 2025

The recent notification by the Insolvency and Bankruptcy Board of India (IBBI) allowing part-resolution of stressed assets of companies under the insolvency process has sent many resolution professionals (RPs) and committees of creditors (CoCs) back to the drawing board to reassess their strategies for resolving corporate insolvencies.

'The RBI has started to support growth'

'The RBI has started to support growth'

Rediff.com   2 Jul 2025

'Deposit and lending rates have started to fall considerably. It is likely to spur investment and consumption of durables.'

Govt unveils Rs 2 trillion dose for jobs, R&D, innovation, growth push

Govt unveils Rs 2 trillion dose for jobs, R&D, innovation, growth push

Rediff.com   2 Jul 2025

In a double-dose bid to boost growth and employment prospects, the Union Cabinet on Tuesday approved a Rs 2.07 trillion outlay for a research development and innovation (RDI) Scheme to fund private sector innovations, and an employment-linked incentive (ELI) to create over 35 million new jobs over the next two years.

Rare earth curbs to hit EV, RE, defence sectors

Rare earth curbs to hit EV, RE, defence sectors

Rediff.com   28 Jun 2025

India's macroeconomic health is in a "relative goldilocks situation", and although the risk of higher landed oil prices, due to insurance cost surges and closure of choke points due to the brief Israel-Iran war, has receded, it is "too soon to sound the 'all clear' for the rest of the year", the Finance Ministry said on Friday.

Adani, 4 others submit Rs 10k-11k cr bids for Jaiprakash Associates

Adani, 4 others submit Rs 10k-11k cr bids for Jaiprakash Associates

Rediff.com   26 Jun 2025

Five companies have submitted resolution plans for Jaiprakash Associates Ltd (JAL), the flagship company of the beleaguered Jaypee group, the company has said in a stock exchange filing. The Adani group, Vedanta, Jindal Steel & Power, Dalmia Bharat, and PSP Projects are the final bidders and the offers range from Rs 10,000 crore to Rs 11,000 crore, said a source close to the development.

'Indian Stocks Unlikely To Give Significant Returns In 12 Months'

'Indian Stocks Unlikely To Give Significant Returns In 12 Months'

Rediff.com   30 May 2025

'Right now, silver -- and especially platinum -- are very cheap compared to gold. If I were buying today, I would choose platinum.'

60% resolution plans under IBC okayed in 3 years: IBBI

60% resolution plans under IBC okayed in 3 years: IBBI

Rediff.com   22 May 2025

As much as 60 per cent of all resolution plans under Insolvency and Bankruptcy Code (IBC) were approved in the last three years alone, with over 30,000 cases having an underlying default of Rs 13.8 trillion getting settled even before admission, according to data till December 2024 released by the Insolvency and Bankruptcy Board of India (IBBI).

Cyberattacks Surge After Operation Sindoor, But India Mounts Strong Defence

Cyberattacks Surge After Operation Sindoor, But India Mounts Strong Defence

Rediff.com   22 May 2025

For the first time, the Data Security Council of India assembled a joint task force to source threat intelligence at the origin and ensure coordinated action across the cybersecurity spectrum.

Apple's India Plans Unfazed by US-China Tariff Truce

Apple's India Plans Unfazed by US-China Tariff Truce

Rediff.com   22 May 2025

There's no change in Apple Inc's India strategy, said a top government source. 'It can only be enhanced'.

How Much Does Pakistan Spend On Defence?

How Much Does Pakistan Spend On Defence?

Rediff.com   22 May 2025

In 2024, Pakistan shelled out $10.2 billion in defence spends.

'India is on a strong footing, economy is resilient'

'India is on a strong footing, economy is resilient'

Rediff.com   21 May 2025

'We believe that in the new world order FTAs or bilateral trade agreements (BTAs) are the way forward.' 'They are enablers for our participation in global value chains. Today, around 70 per cent of global trade is tied to these chains.'

Should You Invest In Defence Funds?

Should You Invest In Defence Funds?

Rediff.com   21 May 2025

Only experienced investors with a high risk appetite, a grasp of market cycles, and comfort with volatility and timing risk should invest.

Big Four rejig IBC verticals with fewer cases getting filed

Big Four rejig IBC verticals with fewer cases getting filed

Rediff.com   20 May 2025

A decline in the initiation of the corporate insolvency process last year is spurring most Big Four firms to rethink and rejig their insolvency verticals to focus on business beyond Insolvency and Bankruptcy Code (IBC), industry experts said. Between the June and December quarter of FY25, the number of insolvency applications initiated by financial creditors went down from 150 to 84.

'Investors Prefer A Staggered Approach'

'Investors Prefer A Staggered Approach'

Rediff.com   20 May 2025

'While investors believe in India's long-term growth story and resilience amid global uncertainty, they see near-term risks around the direction of a global trade war.'

Can AI Improve Customer Service At PSBs?

Can AI Improve Customer Service At PSBs?

Rediff.com   20 May 2025

'AI analyses body language, etiquette, and communication skills, providing an in-depth performance matrix and a ranking system to help employees identify areas of improvement.'

Krutrim Suicide Sparks Workplace Concerns

Krutrim Suicide Sparks Workplace Concerns

Rediff.com   19 May 2025

An ex-employee claimed that team members were routinely subjected to verbal abuse, even for basic clarifications or suggesting improvements.

How COVID Cut India's Life Expectancy

How COVID Cut India's Life Expectancy

Rediff.com   19 May 2025

The drop is seen as a significant demographic indicator, reflecting the toll of the pandemic on the nation's population.

'Trump Has No Enemies. He Has No Friends'

'Trump Has No Enemies. He Has No Friends'

Rediff.com   17 May 2025

'In the Indian government there are no illusions about the United States reliability or the possibility of having any kind of preferential treatment from Washington when it comes to trade.'

Which PSU Stocks Should You Invest In?

Which PSU Stocks Should You Invest In?

Rediff.com   17 May 2025

'The universe of PSU stocks is huge and diverse.' 'Investors should bet on specific sectors and stocks from the basket as most of them may continue to consolidate after years of outperformance.'