Sachin P Mampatta, Anoushka Sawhney

Stories by Sachin P Mampatta, Anoushka Sawhney

1,000 Cases Of Violence Against Women Daily

1,000 Cases Of Violence Against Women Daily

Rediff.com   18 Dec 2023

Cruelty by the husband (or his relatives) accounted for about 40 per cent of these cases. Delhi reported the highest number of cases of crimes against women (12,552) followed by Mumbai with over 5,000 cases.

Madhya Pradesh Assembly Met 16 Days Annually In Current Term

Madhya Pradesh Assembly Met 16 Days Annually In Current Term

Rediff.com   30 Nov 2023

In 2022, Rajasthan met for 30 days, Chhattisgarh 18 days, MP and Mizoram for 15 each, and Telangana for 10 days.

Caste Is Back In The Electoral Equation

Caste Is Back In The Electoral Equation

Rediff.com   20 Nov 2023

Bihar has fertile grounds for caste to emerge as an electoral issue.

Wilful Defaulters Dues Rise To Rs 100 Crores Per Day

Wilful Defaulters Dues Rise To Rs 100 Crores Per Day

Rediff.com   17 Nov 2023

Wilful defaulters owe SBI Rs 80,000 crore. 10 nationalised banks are owed another Rs 1.5 trillion.

Mutual Funds Invested In Nearly 1,000 Companies

Mutual Funds Invested In Nearly 1,000 Companies

Rediff.com   16 Nov 2023

The number of companies had touched a low of 792 in July 2020 amid heightened uncertainty because of COVID-19.

Israel trade with India doubled after Covid-19 pandemic

Israel trade with India doubled after Covid-19 pandemic

Rediff.com   16 Oct 2023

India's trade ties with Israel have only strengthened in the years after 2019. The total value of trade rose to $10.5 billion on a rolling four-quarter basis in June 2023 from $5.5 billion in the same month in 2019, shows a Business Standard analysis of data from the Centre for Monitoring Indian Economy (CMIE). A rolling four-quarter number provides a comparable figure across different time periods.

Select unsecured loans up by nearly Rs 7 trillion since 2019

Select unsecured loans up by nearly Rs 7 trillion since 2019

Rediff.com   16 Oct 2023

People are availing far more of certain kinds of unsecured loans than was the case before the pandemic. Bank lending for buying consumer durables and funding of credit cards and other personal loans have risen by Rs 6.9 trillion between August 2019 and August 2023, shows a Business Standard analysis of data from the Reserve Bank of India (RBI). These loans are typically unsecured, which means they are provided without collateral.

Private equity-backed mergers and acquisitions fall to 31-month low

Private equity-backed mergers and acquisitions fall to 31-month low

Rediff.com   26 Sep 2023

The number of mergers and acquisitions (M&As) in August that involved private equity (PE) funds was the lowest in nearly three years. There were 26 such deals last month, according to data from tracker Refinitiv (part of London Stock Exchange Group). The last time monthly deal numbers were so low in recent times was January 2021 when Covid cases were picking up during the second wave of the pandemic.

NSE makes more money than 98% of companies listed on it

NSE makes more money than 98% of companies listed on it

Rediff.com   22 Sep 2023

The stock exchange on which they are traded boasts higher profits than most of the companies whose shares are hitting new highs. Only 37 of approximately 2,000 listed companies with comparable data for 2022-23 (FY23) reported higher profits, while the rest had lower profits. Despite rising corporate profitability, the universe of companies that outperform the National Stock Exchange (NSE) in terms of profitability has been shrinking of late, according to an analysis of companies with comparable data over the past seven years.

Why Odds Are Against New Mutual Funds

Why Odds Are Against New Mutual Funds

Rediff.com   21 Sep 2023

Meaningful market share would go to those who have the distribution strength to push their products, such as banks.

China's Economy Is Weakening!

China's Economy Is Weakening!

Rediff.com   6 Sep 2023

Unemployment has been rising among the young, with authorities suspending data disclosures after youth unemployment crossed 20 per cent.

Skin in the game: MFs have bet over Rs 80,000 cr on their own schemes

Skin in the game: MFs have bet over Rs 80,000 cr on their own schemes

Rediff.com   2 Sep 2023

When billionaire Warren Buffet started his first fund in 1956 with eleven investors, he invested a token amount of $100 of his own money as "skin in the game". Buffet denies it but he is credited with coming up with the term describing those running a fund risk some of their own money in it. The mutual fund (MF) industry has more than Rs 81,200 crore riding on its schemes, shows a Business Standard analysis of data on sponsor and associate contributions from the Association of Mutual Funds in India (Amfi).

47,000 Luxury Cars To Be Sold This Year!

47,000 Luxury Cars To Be Sold This Year!

Rediff.com   28 Aug 2023

After a brief lull during the pandemic, there is a strong revival in luxury car sales, bolstered by more launches across price bands, replacement demand, ban on old diesel vehicles in the NCR, and 'revenge buying'.

How Many Letters Does The Post Office Still Deliver?

How Many Letters Does The Post Office Still Deliver?

Rediff.com   28 Aug 2023

Nearly two million postcards and eight million letters pass through India's post offices daily.

Foreign players' share in private sector capex declines

Foreign players' share in private sector capex declines

Rediff.com   9 Aug 2023

The share of foreign companies in private sector investments, directed towards building new factories and other facilities, has declined over the past six months. A mix of large domestic announcements and relatively lower growth in foreign capital expenditure (capex) plans have played a role, although foreign investments remain near record levels. The share of foreign companies in the overall private sector investments over the four quarters ended June 2023 has dipped to 14.9 per cent, as shown by a Business Standard analysis of data from the project tracker Centre for Monitoring Indian Economy.

10,774 Employees Laid Off In 6 Months

10,774 Employees Laid Off In 6 Months

Rediff.com   26 Jul 2023

Around 6,967 tech employees lost their jobs in Bengaluru, the highest among Indian cities, partially because of its evolution in recent years as a start-up hub.

NSE makes fresh attempt to settle TAP regulatory investigation

NSE makes fresh attempt to settle TAP regulatory investigation

Rediff.com   20 Jul 2023

The National Stock Exchange (NSE) has made a fresh attempt at settling a regulatory investigation into the misuse of Trading Access Point (TAP) software at the bourse. The Securities and Exchange Board of India (Sebi) rejected a similar application in 2022. "NSE and its employees have filed a consolidated settlement application dated May 4, 2023, with Sebi.

Why Government Jobs Are In Short Supply

Why Government Jobs Are In Short Supply

Rediff.com   13 Jul 2023

Almost 25 per cent central government posts were vacant as of March 2022, compared to 9.4 per cent in March 2002.

New manufacturing projects decline in June 2023, shows CMIE data

New manufacturing projects decline in June 2023, shows CMIE data

Rediff.com   4 Jul 2023

New investment projects announced in the manufacturing sector declined in the three months ended June 2023. The value of new projects was lower than in the March quarter, as well as the year-ago period, shows data from project tracker the Centre for Monitoring Indian Economy (CMIE). The new project announcements worth around Rs 85,000 crore in the manufacturing segment in June were a 48 per cent decline from the Rs 1.6 trillion in March and a 66 per cent decline from the Rs 2.5 trillion seen in June 2022.

How Much Internet Shutdowns Cost India

How Much Internet Shutdowns Cost India

Rediff.com   27 Jun 2023

India has incurred the third highest losses globally due to Internet shutdowns in 2023.