Sachin P Mampatta, Business Standard

Stories by Sachin P Mampatta, Business Standard

150 years of BSE: When 100 banks failed and took stockbrokers with them

150 years of BSE: When 100 banks failed and took stockbrokers with them

Rediff.com   27 Apr 2025

Like with all great crashes, some had noticed the cracks. "... cash balances (of banks) seem, from the available indications, to be hopelessly inadequate; and it is hard to doubt that in the next bad times they will go down like ninepins. If such a catastrophe occurs, the damage inflicted on India will be far greater than the direct loss falling on the depositors," said John Maynard Keynes in his May 1913 work "Indian Currency and Finance", written before his path-breaking work in macroeconomics laid the foundation of dealing with global crises.

Study Abroad: Are US, UK Losing Out To Germany, NZ?

Study Abroad: Are US, UK Losing Out To Germany, NZ?

Rediff.com   24 Apr 2025

With stricter policies dampening the US/UK dream, Germany, Ireland and New Zealand are emerges as new study abroad destinations for Indian students.

Guess which sector can actually gain from US tariff war?

Guess which sector can actually gain from US tariff war?

Rediff.com   23 Apr 2025

A Rs 23,000-crore production-linked incentive (PLI) scheme for electronic components may boost margins and enable a broader product mix.

Indian airlines face turbulence over new global emission norms

Indian airlines face turbulence over new global emission norms

Rediff.com   22 Apr 2025

'CORSIA has set impossible targets. It tries to limit countries to the emission levels of the number of aircraft that they had in 2020. That has to be opposed.'

'Retaliatory Tariffs By Us Won't Hurt US'

'Retaliatory Tariffs By Us Won't Hurt US'

Rediff.com   22 Apr 2025

'When Prime Minister Modi met President Trump, they agreed to initiate a bilateral trade dialogue.' 'It makes sense to give these negotiations a chance.'

India To Train AI Models Using Religious Texts

India To Train AI Models Using Religious Texts

Rediff.com   22 Apr 2025

Inputs from religious texts, scriptures of local dialects and inspirational word-of-mouth stories will also be included.

Shippers rush to reach American shores amid 90-day tariff pause

Shippers rush to reach American shores amid 90-day tariff pause

Rediff.com   21 Apr 2025

After US President Donald Trump announced a 90-day tariff pause for several nations, including India, global manufacturers are in a rush to ensure that bulk of their goods reach the US during this window. "The 90-day suspension of tariffs will be welcomed by shippers, but it should not be a cause for celebration.

Why McDonalds, KFC Have Gone Korean

Why McDonalds, KFC Have Gone Korean

Rediff.com   21 Apr 2025

The restaurant chains are riding the Hallyu wave -- a phenomenon about the growing global prominence of South Korean pop culture.

Trump's Tariff Tsunami: Will India Sink or Reform?

Trump's Tariff Tsunami: Will India Sink or Reform?

Rediff.com   21 Apr 2025

The Trump trade shock is a chance to push long-overdue reforms, rather than tinker with tariffs to appease the US, suggests M Govinda Rao.

'Jiostar's Content Library Is Larger Than Netflix'

'Jiostar's Content Library Is Larger Than Netflix'

Rediff.com   21 Apr 2025

'As you're watching the IPL live, there's a conscious effort to showcase the entertainment portfolio.'

'Even One Crash Is Too Many'

'Even One Crash Is Too Many'

Rediff.com   21 Apr 2025

The death of a young pilot and three fighter jet crashes prompt the question -- should there be more simulation training?

Outlook gloomy for corporate share in direct tax mopup

Outlook gloomy for corporate share in direct tax mopup

Rediff.com   19 Apr 2025

Companies may foot less of the tax bill for some time yet. The corporate share of net direct tax collections has been lower in 2024-25 than in previous years. The corporate segment accounted for 45.6 per cent of total net direct tax collections as of March 16, compared to 48.1 per cent on the same date in 2023-24 (FY24).

Fake Invoices: Beware! IT Reopens Old Assessments

Fake Invoices: Beware! IT Reopens Old Assessments

Rediff.com   19 Apr 2025

These cases are being reopened under Section 147 of the Income Tax Act, which empowers the department to reassess income if it believes that taxable income has escaped assessment.

US Visa Cancellations: Indians Hit Hardest

US Visa Cancellations: Indians Hit Hardest

Rediff.com   19 Apr 2025

'If you follow the law, America offers opportunities. But those who violate the law will face the consequences.'

Modi-Musk Talk: Will Starlink Get Go Ahead?

Modi-Musk Talk: Will Starlink Get Go Ahead?

Rediff.com   19 Apr 2025

Starlink's application for offering satcom services in India had been held up for the company's inability to comply with mandatory ownership disclosure norms.

US Tariffs Rattle India's Shrimp Sector

US Tariffs Rattle India's Shrimp Sector

Rediff.com   18 Apr 2025

Trump's tariffs, falling shrimp prices, and fears of additional US levies, spark a crisis in Andhra Pradesh's politically vital aquaculture sector.

Private Hospitals to Add 34,000 Beds by FY29

Private Hospitals to Add 34,000 Beds by FY29

Rediff.com   17 Apr 2025

Leading chains plan Rs 40K crore infra revival to close capacity gap over next 3-5 years

India's Medtech Industry To Develop High-end Equipment

India's Medtech Industry To Develop High-end Equipment

Rediff.com   17 Apr 2025

According to the Department of Pharmaceuticals' annual report for 2024-25, India imported medical devices worth $8.1 billion, while exports stood at $3.7 billion in the financial year 2023-24 (FY24)

With ML and AI, IBM shows the fight is not over for mainframes

With ML and AI, IBM shows the fight is not over for mainframes

Rediff.com   17 Apr 2025

This innovation has made mainframes the fastest-growing segment within IBM's Infrastructure business, demonstrating that even legacy technologies can continue to deliver value.