Samreen Wani &Amp; Sachin P Mampatta

Stories by Samreen Wani &Amp; Sachin P Mampatta

Guess How Many Indians Filed Tax Returns? A Record 81.8 Million!

Guess How Many Indians Filed Tax Returns? A Record 81.8 Million!

Rediff.com   16 Jan 2024

Many individuals filing tax returns declare zero tax liability. They accounted for two-thirds of the total individual returns filed.

Govt Project Launches Hit All-Time Low

Govt Project Launches Hit All-Time Low

Rediff.com   10 Jan 2024

Government announcements for the building of new roads, railways, and other capital expenditure (capex) projects may have hit an all-time low, according to numbers for the December quarter.

Banks Wrote Off Rs 1 Trillion In Frauds

Banks Wrote Off Rs 1 Trillion In Frauds

Rediff.com   3 Jan 2024

As the total number of bank frauds increased from 6,800 in FY19 to more than 13,500 in FY23, the share of private banks in the occurrence went from 34 per cent to 66 per cent.

Overcrowded Jails, Packed Beyond Capacity

Overcrowded Jails, Packed Beyond Capacity

Rediff.com   29 Dec 2023

Nearly 80% of the inmates are undertrials; UP district jails have twice the numbers they were built for.

365,300 Crimes Against Women

365,300 Crimes Against Women

Rediff.com   23 Dec 2023

Cruelty by husband or his relatives accounted for 38.3 per cent of all crimes against women.

40,175 Manufacturers Vanish From Tax Data

40,175 Manufacturers Vanish From Tax Data

Rediff.com   23 Dec 2023

Manufacturing's share in the profit pool of companies had declined before the pandemic.

State Polls See An Uptick In Women MLAs

State Polls See An Uptick In Women MLAs

Rediff.com   21 Dec 2023

There is a rise in the number of women elected to the state legislatures in 2023 compared to 2018, except in Rajasthan.

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.

What Our MPs Spend Time On...

What Our MPs Spend Time On...

Rediff.com   29 Nov 2023

A large part of the productive time in Parliament is spent on non-legislative matters such as discussion on motion of thanks by the President, conduct of fellow MPs and so on.

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.

Economic Challenges In Poll-bound States

Economic Challenges In Poll-bound States

Rediff.com   26 Oct 2023

The next government in these states may find it tough to push economic growth through long-term reforms, which would be necessary.

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.

Journalism Is NOT A Crime!

Journalism Is NOT A Crime!

Rediff.com   13 Oct 2023

Seven journalists were incarcerated in India in 2021 and 2022, the highest in three decades.

2024 Polls And Rise Of YouTuber Mantris

2024 Polls And Rise Of YouTuber Mantris

Rediff.com   9 Oct 2023

Like, Share, Subscribe, Vote: The 2024 polls may be dubbed 'YouTube election'.

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.