Sachin P Mampatta And Dilip Kumar Jha

Stories by Sachin P Mampatta And Dilip Kumar Jha

As onion prices near 2-year low, farmers want MSP fixed at Rs 8.5/kg

As onion prices near 2-year low, farmers want MSP fixed at Rs 8.5/kg

Rediff.com   6 Feb 2019

In the retail markets, fresh onion is sold between Rs 10 and Rs 12 a kg. Now, farmers have to sell onion at a loss of Rs 2-3 per kg if transport cost is included.

Chanda Kochhar and 'clawback provisions'

Chanda Kochhar and 'clawback provisions'

Rediff.com   4 Feb 2019

'If she contests it, then these people will have to fight it in court.'

Why brokers are unhappy with revised stamp duty norms

Why brokers are unhappy with revised stamp duty norms

Rediff.com   2 Feb 2019

'Rather than abolishing stamp duty as STT is already levied on all transactions, the government has de-facto imposed a state STT in the guise of stamp duty'

Budget 2019 is likely to bring good news for farmers

Budget 2019 is likely to bring good news for farmers

Rediff.com   24 Jan 2019

Government's objective is to bring down the cost of cultivation through efficient use of fertilisers and agro chemicals, and increase in realisation. It is, thus, planning to connect 200 agricultural mandis with electronic National Agricultural Mandis this year and 225 next year, to enable farmers to sell their produce hassle-free online.

Why gold has lost its lustre this wedding season

Why gold has lost its lustre this wedding season

Rediff.com   23 Jan 2019

Sluggish economy, high bullion prices and consumer shift towards cheaper gifting options such as electronic goods and mobiles have taken the sheen off gold

India will grow no matter who comes to power

India will grow no matter who comes to power

Rediff.com   22 Jan 2019

'People always short-change the resilience of the economy.'

Why companies are chary of independent directors

Why companies are chary of independent directors

Rediff.com   18 Jan 2019

As many as 104 listed companies have fewer independent directors than mandated by the regulations, according to the figures from Prime Database, reports Sachin P Mampatta.

'Don't think you can predict the markets'

'Don't think you can predict the markets'

Rediff.com   16 Jan 2019

Financial planners advise against putting capital to work by anticipating what might go up or down.

US, China trade war sweetens India's grape export plans

US, China trade war sweetens India's grape export plans

Rediff.com   4 Jan 2019

But Down Under is a tough call due to shipment time and quality control issues.

After a long lull, milk prices set to rise by Rs 2-4 a litre

After a long lull, milk prices set to rise by Rs 2-4 a litre

Rediff.com   3 Jan 2019

Prices of milk and derivatives such as cheese, butter, curd and skimmed milk powder were subdued for two years, on a supply surplus.

Jewellers go hi-tech to boost sales

Jewellers go hi-tech to boost sales

Rediff.com   29 Dec 2018

Many offer personalised ornaments with 3D printed images and engraved names to lure customers in a scenario of high gold prices.

Average Indian's income sees slower growth

Average Indian's income sees slower growth

Rediff.com   6 Dec 2018

Average salary has grown faster than average business income for three of the last five years. This has implications in a country like India. Most people in India are self-employed, with 51.4% of the population falling in that bracket.

13 UP distilleries to shut down for 3 months during Ardh Kumbh

13 UP distilleries to shut down for 3 months during Ardh Kumbh

Rediff.com   30 Nov 2018

'The government is of the view that distilleries around Hapur and Bijnor would pollute groundwater in the vicinity and its spill over into the sacred Ganga. Hence, we are looking to close these distilleries to prevent them from discharging water into the open area,' said a senior UP government official.

Enemy shares may become govt's friend in need

Enemy shares may become govt's friend in need

Rediff.com   22 Nov 2018

The government's move to sell enemy shares comes when it is struggling to meet its target of raising Rs 800 billion from the sale of State assets in the fiscal year ending in March 2019. The Custodian of Enemy Property of India holds around Rs 3,000 crore worth of equity shares besides land and property across India.

Holy cow! Now even India Inc spends money on them

Holy cow! Now even India Inc spends money on them

Rediff.com   22 Nov 2018

41 listed firms made 73 donations to gaushalas (cow shelters) and other cow-related charities over the last four years. The donations range from a few thousand rupees to a million.

At Rs 1700 crore, Jhunjunwala takes his biggest hit in 10 quarters

At Rs 1700 crore, Jhunjunwala takes his biggest hit in 10 quarters

Rediff.com   20 Nov 2018

His portfolio was worth Rs 12,333 crore at the end of June 2018. It was worth Rs 10,633 crore at the end of the September quarter. Smallcaps account for the largest number of his stock-picks. Such a fall has now happened for the third quarter in a row.

The REAL story behind zero #MeToo cases

The REAL story behind zero #MeToo cases

Rediff.com   16 Nov 2018

Audit firms such as KPMG believe zero complaints may be an indicator of the lack of requisite mechanism to allow for such reporting

Why apples have suddenly become so expensive

Why apples have suddenly become so expensive

Rediff.com   15 Nov 2018

Trading for long around Rs 75 a kg in Himachal Pradesh, they have risen in a week to Rs 90 a kg. In Jammu & Kashmir, it has gone from Rs 45 a kg a week before to Rs 55 a kg

The mystery about short-term capital gains tax data

The mystery about short-term capital gains tax data

Rediff.com   14 Nov 2018

'There is a huge tax differential of 15% to 20% depending on income classification.'

India's jewellery business has lost its lustre

India's jewellery business has lost its lustre

Rediff.com   14 Nov 2018

There was a massive 24% decline in India's gems and jewelry exports to $2,321 million for September 2018 as against $3,053.38 million in the same period last year.