Sanjeeb Mukherjee &Amp;Amp; Rajesh Bhayani

Stories by Sanjeeb Mukherjee &Amp;Amp; Rajesh Bhayani

Sebi doesn't want FMC under its purview

Sebi doesn't want FMC under its purview

Rediff.com   18 Sep 2013

The Sebi Act deals with securities and the definition of securities, according to the Securities Contracts Act, doesn't include commodities.

Govt paves way for Rs 50k-cr projects to set up chip fabs

Govt paves way for Rs 50k-cr projects to set up chip fabs

Rediff.com   13 Sep 2013

For the past few weeks, the government has been in an overdrive, pushing stuck projects with the larger aim to improve the country's economic growth, which had fallen to a four-year low of 4.4 per cent in the first quarter of this financial year.

Did NSEL investors' money never reach borrowers?

Did NSEL investors' money never reach borrowers?

Rediff.com   5 Sep 2013

Ledger entries in NSEL books show no record of T+2 leg of the paired trades with borrowers.

Farm sector's likely robust FY14 show may not dispel gloom

Farm sector's likely robust FY14 show may not dispel gloom

Rediff.com   2 Sep 2013

In the past two decades, the country's economic growth slipped below five per cent in only three years - in 1997-98, 2000-01 and 2002-03.

Decoding the food security legislation

Decoding the food security legislation

Rediff.com   31 Aug 2013

The government had pegged food subsidy at Rs 90,000 crore (Rs 900 billion) in the 2013-14 Union Budget.

Financial Technologies' exchanges abroad under lens

Financial Technologies' exchanges abroad under lens

Rediff.com   31 Aug 2013

Laxity in enforcing KYC and allied norms suspected; money laundering gaps also on probe panel's mind

'Some people don't want the poor to get food'

'Some people don't want the poor to get food'

Rediff.com   29 Aug 2013

The stock and foreign exchange markets have had a negative reaction to the government's biggest social security programme, the National Food Security Bill. Food minister K V Thomas questions the rationale behind such a response

NSEL defaults but pays off small investors

NSEL defaults but pays off small investors

Rediff.com   28 Aug 2013

After defaulting for a consecutive time in paying its investors, National Spot Exchange Ltd (NSEL) got a Rs 177-crore (Rs 1.77 billion) lifeline from its main promoter, Jignesh Shah-run Financial Technologies.

NSEL and MCX set to reconstitute boards

NSEL and MCX set to reconstitute boards

Rediff.com   27 Aug 2013

Slew of resignations at NSEL over past month in the wake of scrutiny; MCX gaps caused by new-age norms for commexes.

Good rain may push up FY14 farm GDP to 5-7%

Good rain may push up FY14 farm GDP to 5-7%

Rediff.com   26 Aug 2013

A five-seven per cent agriculture growth in 2013-14 would mean farming might exceed the 12th Five-Year Plan annual growth target of four per cent, if the trend continues.

Cabinet panel set to give 28 power projects a big push

Cabinet panel set to give 28 power projects a big push

Rediff.com   26 Aug 2013

Likely to set the ball rolling for Rs 1.72-lakh-cr projects today

FinMin, watchdogs worried about Sahara-NSEL ties

FinMin, watchdogs worried about Sahara-NSEL ties

Rediff.com   22 Aug 2013

The finance ministry and several agencies under it such as the Securities and Exchange Board of India (Sebi) and the Enforcement Directorate (ED), which are investigating the affairs of Sahara India Parivar, are worried about its exposure to National Spot Exchange Ltd (NSEL) products.

Earning Rs 10 cr? Get ready for 35% income tax

Earning Rs 10 cr? Get ready for 35% income tax

Rediff.com   22 Aug 2013

Cabinet likely to pave way for the 'super-rich' tax today.

NSEL confident of settling dues ahead of schedule

NSEL confident of settling dues ahead of schedule

Rediff.com   19 Aug 2013

Exchange to reply to FMC's letter soon, CEO says buyers can't be declared defaulters where there is 'market disruption'.

Rupee fall may save FCI from price blues

Rupee fall may save FCI from price blues

Rediff.com   19 Aug 2013

Might earn around Rs 3,720 crore on export of 2 mt of wheat, despite dipping prices in international markets

MCX sees bank guarantee withdrawal by brokers

MCX sees bank guarantee withdrawal by brokers

Rediff.com   9 Aug 2013

Brokers have only kept guarantees for which they have open positions.

Decision likely soon on spot exchanges' regulator

Decision likely soon on spot exchanges' regulator

Rediff.com   5 Aug 2013

In most developed markets, there are reporting agencies for spot markets and generally deals took place on the over-the-counter market.

PlanCom favours raising diesel price further

PlanCom favours raising diesel price further

Rediff.com   4 Aug 2013

Oil and gold had accounted for 45 per cent of India's imports bill in 2012-13.

Plan panel objects to govt funding for India Post bank

Plan panel objects to govt funding for India Post bank

Rediff.com   2 Aug 2013

The DoP has moved a Cabinet note for the government to provide Rs 500 crore (Rs 5 billion) as initial capital to India Post towards starting a bank.

July gold import estimate lower at 40 tonnes

July gold import estimate lower at 40 tonnes

Rediff.com   2 Aug 2013

Imports in July 2012 were 65 tonnes, said a bullion analyst.