Samreen Wani &Amp; Sachin P Mampatta

Stories by Samreen Wani &Amp; Sachin P Mampatta

Covid: Employment Shows Lingering Effects

Covid: Employment Shows Lingering Effects

Rediff.com   13 Mar 2023

The unemployment rate is higher among urban women as was the case before the pandemic.

Why Are Indians Obsessed With Overworking?

Why Are Indians Obsessed With Overworking?

Rediff.com   1 Mar 2023

Never mind work-life balance: this generation spends more time on the job than ever before.

Indian investments in foreign stocks, property at record high in Dec

Indian investments in foreign stocks, property at record high in Dec

Rediff.com   1 Mar 2023

The amount of money Indians invested in foreign securities, property, and deposits in 2022 was likely the highest on record. At $2.1 billion, it was the largest spend for any 12-month period according to the Reserve Bank of India's (RBI's) data going back over a decade. The amount spent for each individual segment was also the highest.

SHOCKING! 4 Tiger Deaths A Week In 2023

SHOCKING! 4 Tiger Deaths A Week In 2023

Rediff.com   24 Feb 2023

26 tigers have already died this year.

India Plans 20 Nuclear Power Plants By 2031

India Plans 20 Nuclear Power Plants By 2031

Rediff.com   6 Feb 2023

Though it still has only a single-digit share in total electricity production, India has been looking to tap nuclear power faster.

More than two dozen companies do the vanishing act

More than two dozen companies do the vanishing act

Rediff.com   2 Feb 2023

The companies on the list are from sectors including trading, finance, packaging, textile, realty, and others. Trading and finance companies account for half-a-dozen companies each.

Will Foreign Universities Set Up Campuses In India?

Will Foreign Universities Set Up Campuses In India?

Rediff.com   30 Jan 2023

The 38.5 million enrolled for higher education in 2019-2020 outnumbered Canada's entire population of 38.2 million.

As wealth inequality grows, is it time for an Indian inheritance tax?

As wealth inequality grows, is it time for an Indian inheritance tax?

Rediff.com   27 Jan 2023

Billionaire Bill Gates, in a 2019 interview, supported bringing back a regulation in the US to require the super-rich to pay a 55 per cent tax when they inherit their family fortune. Proponents of an inheritance or estate tax say it reduces inequality and creates a meritocratic society by chipping away at the enormous advantages the children of the wealthiest families enjoy by an accident of birth. Many large economies levy such a tax on their richest citizens; India does not.

How Much Assets Companies Added Since Pandemic

How Much Assets Companies Added Since Pandemic

Rediff.com   24 Jan 2023

The Adani Group led in adding net fixed assets, which are up more than 90 per cent since September 2019 or before COVID-19.

Debt as investment avenue is more appealing for the wealthy

Debt as investment avenue is more appealing for the wealthy

Rediff.com   12 Jan 2023

Debt as an investment avenue for the wealthy has been attracting more assets than equity. The portfolio management service (PMS) industry, whose services require a minimum investment of Rs 50 lakh, has seen a 4.4 per cent decline in equity assets since March 2022.

Capex Crosses Rs 6 Trillion In December

Capex Crosses Rs 6 Trillion In December

Rediff.com   10 Jan 2023

'If private capex has to kick in, there should at least be 2-3 years of visibility.'

Want To Know What A CEO/MD Earns?

Want To Know What A CEO/MD Earns?

Rediff.com   28 Dec 2022

The average top executive monthly compensation is Rs 1 crore. The median employee salary is now Rs 820,000.

63.3% IT Returns Filed For Rs 5 Lakh Or Less

63.3% IT Returns Filed For Rs 5 Lakh Or Less

Rediff.com   27 Dec 2022

Assessment year 2020-2021 saw returns filed fall to 69.7 million and stood at 71.4 million in assessment year 2021-2022.

Toy story: India is fast closing the gap with China

Toy story: India is fast closing the gap with China

Rediff.com   20 Dec 2022

Although India's share in the world toy trade has marginally improved, it still lags behind China's. Toys are not China's main item of export, but about two-thirds of the toys sold globally are from China. The world exported toys worth $73.2 billion in 2021: China accounted for 66.2 per cent, or $48.5 billion of that, out of which mainland China made up $46.1 billion and Hong Kong $2.4 billion.

Companies see slowdown in growth of temporary, contract and casual jobs

Companies see slowdown in growth of temporary, contract and casual jobs

Rediff.com   27 Oct 2022

Some of India's largest companies have seen a slowdown in the growth of temporary, contract and casual jobs, as compared to the increase in their total workforce. The absolute number of such jobs is up 30 per cent between financial year 2017-18 and 2021-22 (FY18-22), shows an analysis of data collated from the annual reports of S&P BSE 100 companies. Forty-eight firms were considered for the final analysis based on the availability of uniform data across the last five years. In comparison, the total workforce numbers are up 36 per cent in the same period.

Gautam Adani's wealth up relative to India's GDP

Gautam Adani's wealth up relative to India's GDP

Rediff.com   27 Oct 2022

Amid increasing volatility and recession fears looming over global markets that has led to the decline in wealth of a number of billionaires, Gautam Adani was the only one to buck the trend. The billionaire added $43.3 billion in net worth between Diwali 2021 (November 4) and this year's Diwali (October 24) according to Bloomberg data. He added more wealth than the gross domestic product (GDP)of more than a dozen Indian states.

India saw 129,000 Alzheimer's and dementia deaths in 2019

India saw 129,000 Alzheimer's and dementia deaths in 2019

Rediff.com   11 Oct 2022

Between 1990 and 2019, Alzheimer's-related deaths increased almost five times, data available on the Global Burden of Disease has found.

Capex on new projects declines further in Q2

Capex on new projects declines further in Q2

Rediff.com   11 Oct 2022

Expenditure on new projects slowed down for the second quarter in a row amid an uncertain global environment and higher borrowing costs. There were new projects worth a cumulative Rs 3.26 trillion in the July-September period, according to data provided by project tracker Centre for Monitoring Indian Economy (CMIE). This figure is much less than Rs 4.39 trillion in the June quarter (Q1FY23) and Rs 8.46 trillion in the March quarter (Q4FY22).

Explained: How India's crude import sources have changed over time

Explained: How India's crude import sources have changed over time

Rediff.com   16 Sep 2022

India's crude oil imports are coming in from a changing mix of countries, with the top three accounting for around 60 per cent of total imports. Russia emerged as the largest source of crude oil imports for India in June, as per the latest available data from the Organization of the Petroleum Exporting Countries (OPEC). The data which is released with a lag, showed that Russian imports accounted for 24 per cent of the total crude imports into the country.

After a decline in Covid-hit 2020, economic offences increase 19% in 2021

After a decline in Covid-hit 2020, economic offences increase 19% in 2021

Rediff.com   31 Aug 2022

After a dip in 2020, the number of economic offences rose 19.4 per cent to 174,013 cases in 2021, according to the Crime in India report by the National Crime Records Bureau. The data shows that there was a marginal dip in the pendency of cases in 2021 at 96.6 per cent compared with 96.8 per cent in 2020, but this was still three percentage points higher than 93.6 per cent recorded in 2019. Economic offences include all offences of criminal breach of trust, counterfeiting, forgery, cheating, and fraud.