Sachin P Mampatta And Ishaan Gera

Stories by Sachin P Mampatta And Ishaan Gera

Indian States have 25 Public Holidays!

Indian States have 25 Public Holidays!

Rediff.com   5 Sep 2022

The number of public holidays varies from 14 in Delhi to 34 in Odisha.

Businessmen suicides outnumber farmers' for 2nd year in a row

Businessmen suicides outnumber farmers' for 2nd year in a row

Rediff.com   31 Aug 2022

The states recording the highest number of such deaths include Karnataka (14.3 per cent), Maharashtra (13.2 per cent), and Madhya Pradesh (11.3 per cent). Tamil Nadu (9.4 per cent) and Telangana (7.5 per cent) were the other two in the top five.

Rs 1 Trillion Freebies By State Govts

Rs 1 Trillion Freebies By State Govts

Rediff.com   27 Aug 2022

'The power sector accounts for much of the financial burden of state governments in India.'

When Rakesh Jhunjhunwala used to get Rs 60 as trainee CA

When Rakesh Jhunjhunwala used to get Rs 60 as trainee CA

Rediff.com   22 Aug 2022

Nearly four decades ago, when Rakesh Jhunjhunwala was a young chartered accountant in training, he was paid a conveyance of Rs 60. Deductions would take away Rs 15 from this princely sum and he was left with Rs 45 by the time the allowance made its way to his hands. He would save as much as he could from this amount, so that he would have a small amount to spend when he met his friends on the weekend at Chicken Centre. This was an eatery popular with the young at the time, perhaps because food and drink were affordable even for those new to the workforce.

Drone Sales Increase To Rs 3.19 Bn

Drone Sales Increase To Rs 3.19 Bn

Rediff.com   22 Aug 2022

In absolute numbers, India had only 211 start-ups compared to 970 in the US.

Foreign companies' interest in India fades, shows data

Foreign companies' interest in India fades, shows data

Rediff.com   19 Aug 2022

George Acland from Great Britain ran a coffee plantation in Sri Lanka and set up India's first jute mill in 1855. He raised capital and imported the machinery for the mill on the banks of the Hooghly in West Bengal. His company wasn't a great success, but his pioneering work paved the way for India to dominate the jute industry.

'Around 100 million doses will definitely be wasted'

'Around 100 million doses will definitely be wasted'

Rediff.com   13 Aug 2022

'We are trying to salvage 50-100 million doses of Covishield with the latest drive on booster doses.'

Only 14.4 Judges Per Million Population

Only 14.4 Judges Per Million Population

Rediff.com   2 Aug 2022

The number of undertrials is at a historic high and comes at a time when vacancies in the judiciary -- across the lower courts, high courts, and the Supreme Court -- remain high.

India Sees 8 Aviation Accidents Every Year

India Sees 8 Aviation Accidents Every Year

Rediff.com   30 Jul 2022

The number of serious incidents has more than doubled in the last seven years.

Investors pushing back more on top executive pay hikes

Investors pushing back more on top executive pay hikes

Rediff.com   28 Jul 2022

Investors are pushing back more often against companies' resolutions on what is paid out to top executives. In the first four months of financial year 2022-23 (FY23), there have already been five such rejections, according to shareholder voting data from tracker Adrian, a platform maintained by the proxy advisory firm Institutional Investor Advisory Services India (IiAS). Two of these have been at multiplex chain PVR and direct-to-home company Dish TV India.

500% Rise In Section 153A Zubair Was Booked Under

500% Rise In Section 153A Zubair Was Booked Under

Rediff.com   22 Jul 2022

Cases filed under Section 153A had one of the lowest conviction rates.

India-Japan Trade: The Abe Effect

India-Japan Trade: The Abe Effect

Rediff.com   21 Jul 2022

During Abe's tenure, Japan had announced support for a number of major projects. These included the bullet train project between Mumbai and Ahmedabad, besides allocations for a freight corridor between Mumbai and New Delhi.

Entry-level jobs no more easy to come by in formal sector

Entry-level jobs no more easy to come by in formal sector

Rediff.com   11 Jul 2022

It is a trend that economists and researchers say might continue. The data shows the share of this age group in the net EPF accounts created - a proxy for net new formal jobs created - fell from 37.9 per cent in 2018-19 to 24.1 per cent in 2021-22.

Long-Short Funds Hold Fort In Turbulent Times

Long-Short Funds Hold Fort In Turbulent Times

Rediff.com   5 Jul 2022

Most of the long-only funds are closed-ended. This means that investors have to lock in their money for a fixed period before they can take it back.

Only 3% Indians Have Received Booster Dose

Only 3% Indians Have Received Booster Dose

Rediff.com   4 Jul 2022

Bihar, Delhi, Maharashtra, Haryana and West Bengal accounted for 70 per cent of the precautionary doses given to the 18-59 age group.

7 out of 9 neighbouring nations charge less for petrol than India

7 out of 9 neighbouring nations charge less for petrol than India

Rediff.com   28 Jun 2022

Amid news of a fuel shortage in some parts of the country and wider unrest over fuel issues in the neighbourhood, an analysis of the data from international tracker globalpetrolprices.com shows that the per litre price of petrol is higher in India than in seven out of its nine neighbours.

Why govt's skill development initiative still struggles with placements?

Why govt's skill development initiative still struggles with placements?

Rediff.com   24 Jun 2022

Even as the government seeks to recruit one million people in 18 months, it is interesting that the record of its flagship skill development programme, which aims to enhance the employment potential of Indians, has been poor. To be sure, the progress was not great to begin with, and it inevitably deteriorated during the two years of the pandemic. When the government announced its first skill development initiative in 2015, it aimed to train as many people as possible and provide them with placements.

Private placements at lowest since 2014; total money raised down 23%

Private placements at lowest since 2014; total money raised down 23%

Rediff.com   24 Jun 2022

The total amount of money various entities have raised through the private placement route is at its lowest since 2014. They raised a total of Rs 1.96 trillion in the first five months of 2022, revealed the numbers from PRIME Database. It is down 23.4 per cent from the Rs 2.56 trillion raised in the corresponding period in 2021.

India Inc's profits rise 28% in March quarter, banks contribute the most

India Inc's profits rise 28% in March quarter, banks contribute the most

Rediff.com   9 Jun 2022

A strong performance by sectors including banking raised the profits of Indian companies by 28 per cent in the three months ended March 2022. The rate of growth is, however, lower than the 30 per cent seen in December. Growth in net sales was also lower than what was seen in the December quarter for the sample under consideration.

Why Pakistan, Bangladesh, Nepal have lower Covid mortality rates than India

Why Pakistan, Bangladesh, Nepal have lower Covid mortality rates than India

Rediff.com   16 May 2022

An analysis of WHO data shows that most of the countries with an older cohort of population and higher in the development index had a lower excess mortality rate than India.