Shine Jacob And Arup Roychoudhury

Stories by Shine Jacob And Arup Roychoudhury

Who will be the next Chief Economic Advisor?

Who will be the next Chief Economic Advisor?

Rediff.com   26 Jul 2018

Rumours in the bureaucracy on his successor include the names of Sajjid Chinoy of JP Morgan, Rathin Roy of the National Institute of Public Finance and Policy, Neelkanth Mishra of Credit Suisse and the principal economic advisor, Sanjeev Sanyal.

Rejigging ATMs for new Rs 100 notes will cost Rs 1 bn

Rejigging ATMs for new Rs 100 notes will cost Rs 1 bn

Rediff.com   21 Jul 2018

A representative of the Confederation of ATM Industry said ATM players were not consulted about the move and they received the news via media platforms.

Modi govt to achieve 50-million LPG connection target by August 15

Modi govt to achieve 50-million LPG connection target by August 15

Rediff.com   20 Jul 2018

Ujjwala Yojana was launched on May 1, 2016 at Ballia district in Uttar Pradesh and has so far covered 47.3 million consumers in 715 districts

Mid-year economic review set to make a comeback

Mid-year economic review set to make a comeback

Rediff.com   20 Jul 2018

The review will not only present data, trends but also list out the achievements of the Narendra Modi government

Railways to get first dedicated corridor for freight train

Railways to get first dedicated corridor for freight train

Rediff.com   17 Jul 2018

The 190-km railway line will be between Dadri in Uttar Pradesh and Phulera in Rajasthan, which fall under the Western Dedicated Freight Corridor

Govt in search of prospective operator for The Ashok Hotel

Govt in search of prospective operator for The Ashok Hotel

Rediff.com   4 Jul 2018

Centre working on open-ended lease agreement to enablesale of property at the end of the agreement period

Finance panel may revive sops for states

Finance panel may revive sops for states

Rediff.com   27 Jun 2018

Performance-based incentives were recommended by the 13th Finance Commission, but omitted by the 14th Finance Commission

Maharashtra refinery hit by mega project jinx

Maharashtra refinery hit by mega project jinx

Rediff.com   26 Jun 2018

The Rs 3-trillion West Coast or Nanar refinery has all the potential to become India's flagship petrochemicals project, with the planet's largest oil producer Saudi Aramco as its biggest shareholder. Yet the locals don't see the plant as a harbinger of better times.

Goyal runs finance ministry, but Jaitley's watching

Goyal runs finance ministry, but Jaitley's watching

Rediff.com   26 Jun 2018

While Arun Jaitley remains part of the decision making process, Piyush Goyal, who was given additional charge on May 14, attends cabinet meetings and takes the day-to-day decisions.

What's cooking at Indian Railways?

What's cooking at Indian Railways?

Rediff.com   19 Jun 2018

From offering free food to passengers to re-arranging train timings Railways Minister Piyush Goyal announced a slew of measures to make the Railways more efficient

This word-class expressway is a recipe for potential disaster

This word-class expressway is a recipe for potential disaster

Rediff.com   11 Jun 2018

The reason for the EPE's relatively low volume of traffic may lie in the lack of adequate safety measures, especially after sundown. Barring intermittent patches, the highway has no street lights.

Divestment: Modi govt's pathetic track record

Divestment: Modi govt's pathetic track record

Rediff.com   11 Jun 2018

Out of nearly 30 public sector undertakings and assets under 'strategic sale' plan, only the ONGC-HPCL plan has been completed

Why fuel prices in India will continue to remain high

Why fuel prices in India will continue to remain high

Rediff.com   6 Jun 2018

The Indian benchmark remained static in its last closing on May 28, while Brent prices dropped further to $75.71 a barrel. Less Brent crude in Indian basket makes prices sticky.

Crude oil imports rise 16.4 pc under Modi Sarkar

Crude oil imports rise 16.4 pc under Modi Sarkar

Rediff.com   5 Jun 2018

'Reliance on crude oil is still very high. Globally, natural gas is 25 per cent of the energy basket. In India, it has fallen to 6.5 per cent, from 11 per cent in 2014.'

Jaitley may be back at work by June-end

Jaitley may be back at work by June-end

Rediff.com   1 Jun 2018

The minister without portfolio is recovering well after his kidney transplant and has started walking in his hospital room.

Modi Sarkar's flagship energy schemes still have miles to go

Modi Sarkar's flagship energy schemes still have miles to go

Rediff.com   31 May 2018

Of the 170 million rural households in the country, a government website claims to have connected 82 per cent of them. The metered households are 50 per cent of the total. As on February, 2018, of the 780,000 villages to be intensively electrified or provide connection to all in households, 493,000 have been covered. However, the amount and quality of the power supply cannot be ascertained from this data. No clause in any of the rural electrification programmes promises 24 hours' power supply.

Nirav Modi fraud: How money changed hands

Nirav Modi fraud: How money changed hands

Rediff.com   26 May 2018

The chargesheet was filed against Nirav Modi and 23 others.

Worry lines are back for govt as crude hits $80 a barrel

Worry lines are back for govt as crude hits $80 a barrel

Rediff.com   19 May 2018

"Under different scenarios, we see the impact of higher crude prices ranging from $25 billion to a maximum of $50 billion on the oil import bill. The increase in the oil import bill will also affect the current account deficit," economic affairs secretary S C Garg said in a conference on Friday.

Walmart-Flipkart deal: What will be Tiger Global's tax liability?

Walmart-Flipkart deal: What will be Tiger Global's tax liability?

Rediff.com   14 May 2018

Taxing SoftBank, the largest shareholder in Flipkart with a little over 20 per cent stake, however, will be easier.

Govt may cut excise duty on petrol, diesel soon

Govt may cut excise duty on petrol, diesel soon

Rediff.com   10 May 2018

India is the second largest buyer of Iranian crude, after China.