Sanjeeb Mukherjee, Karan Choudhury, Sahil Makkar And Namrata Acharya

Stories by Sanjeeb Mukherjee, Karan Choudhury, Sahil Makkar And Namrata Acharya

Farm growth likely to remain subdued at 2.8% in FY20

Farm growth likely to remain subdued at 2.8% in FY20

Rediff.com   8 Jan 2020

A pick-up in farmer income could have a cascading impact on the rural economy, though agriculture is becoming a smaller part of India's overall rural incomes.

Modi to review ministries' work in quest for turnaround

Modi to review ministries' work in quest for turnaround

Rediff.com   3 Jan 2020

Starting today, Modi and top officials in the Prime Minister's Office will be briefed by various central ministries and departments on their plans as well as agenda for the next five years. They will also apprise the PMO of the work they have done so far in realising the agenda of government's second term in office.

Govt for UPA-style bailout of NBFCs

Govt for UPA-style bailout of NBFCs

Rediff.com   26 Dec 2019

In 2009, the UPA government, had announced a slew of measures to boost liquidity in NBFCs. These included a scheme for providing liquidity support to NBFCs having assets size of over Rs 100 crore through a SPV.

New Data Bill may hit tech businesses hard

New Data Bill may hit tech businesses hard

Rediff.com   19 Dec 2019

'If Indians are to be truly protected, Parliament must review and address these dangerous provisions before they become law.'

New data law: Alexa, Google Home may stop speaking

New data law: Alexa, Google Home may stop speaking

Rediff.com   18 Dec 2019

In the worst-case scenario, it will be next to impossible for tech companies like Amazon and Google to run any service that requires user biometrics.

Social media firms deploy 15K people to check content

Social media firms deploy 15K people to check content

Rediff.com   17 Dec 2019

In platforms, such as Twitter, Facebook, TikTok, Helo, and ShareChat, mediators have been asked to put in more hours to ensure that no communal or fake news spread.

Modi, team to start pre-Budget consultations next week

Modi, team to start pre-Budget consultations next week

Rediff.com   14 Dec 2019

In the 2020-21 Budget, the prime minister and the finance minister are keen to stamp their narrative, after various rollbacks following the previous Budget, said top government sources. Besides the scheduled meetings, the sources said, the Prime Minister's Office is expected to hold several meetings with top secretaries and officials on various ongoing schemes, their performance and also how some of them could be tweaked for better results.

Data Bill: Industry experts fear massive implementation hurdles

Data Bill: Industry experts fear massive implementation hurdles

Rediff.com   12 Dec 2019

If the Personal Data Protection Bill gets passed in its present form, a new class of companies and entities could emerge. The sole job of these new entities would be to manage the consent for data usage of a user.Banks, healthcare firms and fintech companies, among others, fear that sharing non-personal data with the government may hurt business interests. Banks also fear the threat of data misuse.

Bandhan Bank keen on affordable housing loan

Bandhan Bank keen on affordable housing loan

Rediff.com   10 Dec 2019

Bandhan Bank is expecting that a little less than 50 per cent of its portfolio will be dominated by affordable housing loans in the next three to five years.

E-commerce, tech firms call for clarity on Personal Data Protection Bill

E-commerce, tech firms call for clarity on Personal Data Protection Bill

Rediff.com   5 Dec 2019

The biggest fear many of the e-commerce firms have is the possible requirement to change business models overnight, which would drastically increase costs as well as disrupt businesses.

Centre halves onion stock holding limit for retailers

Centre halves onion stock holding limit for retailers

Rediff.com   4 Dec 2019

India exported $102 million worth of dehydrated onions in 2018-19.

Tech, service firms gear up for FASTag

Tech, service firms gear up for FASTag

Rediff.com   2 Dec 2019

Fintech giant Paytm claimed it is selling more FASTags than all the banks put together on a daily basis.

NITI Aayog on how India can become $5-trillion economy

NITI Aayog on how India can become $5-trillion economy

Rediff.com   2 Dec 2019

Though the NITI Aayog did not give its estimates for the required GDP growth at constant prices, economists pegged it at 9 per cent, a feat not seen since the GDP series was revised with 2011-12 as the base year.

Unspent PM-KISAN fund may be diverted to MGNREGA

Unspent PM-KISAN fund may be diverted to MGNREGA

Rediff.com   13 Nov 2019

Sources said the rural development ministry has sought an additional Rs 20,000 crore for MGNREGA for 2019-20 over and above the budgeted Rs 60,000 crore for 2019-20. Though, all of the PM-KISAN savings may not be transferred to fund MNGREGA's extra needs, sources said a part of this could be transferred.

Delivery staff are among the worst affected by Delhi's air pollution

Delivery staff are among the worst affected by Delhi's air pollution

Rediff.com   11 Nov 2019

The delivery staff who drop off packages for online retail giants or food or ferry passengers around the city in their taxis are among the worst affected by the capital's foul air.

Whatsapp Pay's India launch in jeopardy

Whatsapp Pay's India launch in jeopardy

Rediff.com   6 Nov 2019

Top officials in key ministries, including finance and IT, are of the opinion that a sensitive payments system such as UPI should not be on a platform whose security is possibly compromised.

WhatsAppgate: Foreign lobbies involved, believes govt

WhatsAppgate: Foreign lobbies involved, believes govt

Rediff.com   4 Nov 2019

Home ministry sources say there are fears that international lobbies might have been involved in spying, to create a narrative around Indian governance as well as the economy.

PNB-UBI-OBC merger: Automated HR integration likely

PNB-UBI-OBC merger: Automated HR integration likely

Rediff.com   29 Oct 2019

All transfers and promotions for next financial year will be decided by respective banks, not by the merged entity.

Bitter reminder for BJP that assembly polls are fought on local issues

Bitter reminder for BJP that assembly polls are fought on local issues

Rediff.com   25 Oct 2019

Dissatisfaction with the state leadership, along with caste and sectarian factors and economic issues -- particularly those relating to jobs and rural distress cost the BJP.