Shine Jacob And Indivjal Dhasmana

Stories by Shine Jacob And Indivjal Dhasmana

China, Vietnam, Taiwan help arrest fall in engineering exports

China, Vietnam, Taiwan help arrest fall in engineering exports

Rediff.com   25 Jul 2020

Outbound shipments of engineering products in June to these nations doubled to $1.32 billion in June 2020, from $653.52 million in June 2019.

Drop in health expenditure amid pandemic surprises experts

Drop in health expenditure amid pandemic surprises experts

Rediff.com   18 Jul 2020

The ministry of health and family welfare spent Rs 3,948 crore in May this year compared to Rs 7,816 crore in the corresponding month of the previous year. On the other hand, at Rs 12,930 crore, the expenditure had risen almost 200 per cent in April against Rs 4,327 crore in the corresponding month of 2019-20.

Why did Iran eject India from port, oil field deals?

Why did Iran eject India from port, oil field deals?

Rediff.com   16 Jul 2020

Iran's growing proximity to China may have also played a part.

Will private railway services be a reality by 2023?

Will private railway services be a reality by 2023?

Rediff.com   16 Jul 2020

Under the plan, there will be 151 private trains covering 109 routes which may entail investments worth Rs 30,000 crore.

Raghuram Rajan differs with FM, says NPAs will see unprecedented rise

Raghuram Rajan differs with FM, says NPAs will see unprecedented rise

Rediff.com   15 Jul 2020

Rajan said that while there were talks about Jan Dhan, it was difficult to target transfers to people through this tool. Jan Dhan, he said, does not really work as advertised.

Will bullet train start running from 2023?

Will bullet train start running from 2023?

Rediff.com   14 Jul 2020

Apart from land acquisition, another major cause for concern before the project is cost escalation owing to a fall in the rupee against the Japanese yen.

How fuel prices have risen under Modi regime

How fuel prices have risen under Modi regime

Rediff.com   13 Jul 2020

Despite a massive decline in crude oil prices since 2012 -- Modi has been prime minister in six of these eight years -- petrol in Delhi has become 10 per cent costlier and diesel 97 per cent, as of July 2.

Free LPG reaches only 50% beneficiaries, shows govt data

Free LPG reaches only 50% beneficiaries, shows govt data

Rediff.com   10 Jul 2020

Given that the target was to reach 80.34 million families under PMUY - within three months starting April 1 - the government should have distributed at least 241.02 million cylinders by the end of June. It actually ended up distributing only 119.7 million cylinders.

IOC beats lockdown blues, resumes works on projects

IOC beats lockdown blues, resumes works on projects

Rediff.com   9 Jul 2020

These mega projects, worth about Rs 1 trillion, would boost the economy, ensure smooth supply of petroleum products across the nation and also provide the much-needed relief to people looking to get back to work after the lockdown.

IOC launches winter-grade diesel for troops in Ladakh

IOC launches winter-grade diesel for troops in Ladakh

Rediff.com   4 Jul 2020

Looking into the current situation on the China boarder, IOC has stocked up enough winter-grade fuel for the region. With army movements increasing, the demand for this fuel is expected to increase multifold from the 350 metric tonnes last winter.

'Ministry should end controversies related to GDP computation'

'Ministry should end controversies related to GDP computation'

Rediff.com   30 Jun 2020

There has been criticism of the official statistics ever since MoSPI came out with new methodology to estimate the GDP on the base year of 2011-12 compared to earlier 2004-05.

Pinarayi Vijayan: The CM as crisis manager

Pinarayi Vijayan: The CM as crisis manager

Rediff.com   24 Jun 2020

The Kerala chief minister's four years in office may well be remembered for the way he handled Cyclone Ockhi, two floods, Nipah, and now COVID-19, reports Shine Jacob.

ONGC halts operations at two rigs as 54 employees test COVID positive

ONGC halts operations at two rigs as 54 employees test COVID positive

Rediff.com   23 Jun 2020

A company official said work stopped temporarily only at two rigs and the remaining 34 in the offshore were operational. He added there was no impact on the company's production.

Ladakh stand-off: Railways cancels Chinese contract

Ladakh stand-off: Railways cancels Chinese contract

Rediff.com   19 Jun 2020

Govt has already approached World Bank seeking termination of contract. The progress of the project was just 20 per cent though the contract was awarded in 2016.

Health expenditure in April trebles to Rs 13,000 crore

Health expenditure in April trebles to Rs 13,000 crore

Rediff.com   17 Jun 2020

Experts say a large part of the expenditure in April was spent on heads such as creating infrastructure for testing capacity and procuring testing kits, among other things.

A glimpse of how economic activity is picking up

A glimpse of how economic activity is picking up

Rediff.com   17 Jun 2020

While freight traffic has gone up, the Google location data shows more people are stepping out of their homes.

Why there's such a gap between wholesale and retail food inflation?

Why there's such a gap between wholesale and retail food inflation?

Rediff.com   16 Jun 2020

Since March 2020, WPI food inflation rate continued to fall but the CPI-food inflation rose, signaling a breakdown in supply chain from the mandis to the final household.

Experts from US to join efforts to control Assam oil well fire

Experts from US to join efforts to control Assam oil well fire

Rediff.com   14 Jun 2020

Singapore-based Alert Disaster Control, one of the largest disaster management companies in the oil and gas sector, has already joined the team of experts from ONGC and OIL, reports Shine Jacob.

Lockdown woes: Rail freight traffic drops 28% in April-May

Lockdown woes: Rail freight traffic drops 28% in April-May

Rediff.com   8 Jun 2020

Freight earnings too saw a decline of Rs 8,284 crore to Rs 13,412 crore in the first two months of FY21, compared to Rs 21,696 crore during the same period last year.

In Charts: FDI inflows revive in FY20, but face Covid test in FY21

In Charts: FDI inflows revive in FY20, but face Covid test in FY21

Rediff.com   8 Jun 2020

The inflows came higher in March than in February of 2019-20 despite the lockdown for a week, reports Indivjal Dhasmana.