Shine Jacob And Indivjal Dhasmana

Stories by Shine Jacob And Indivjal Dhasmana

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.

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

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.'

Retail's technology therapy to counter 'Amazon Effect'

Retail's technology therapy to counter 'Amazon Effect'

Rediff.com   4 Jun 2018

With expectations of customers changing and demand for seamless, uninterrupted shopping increasing, tech companies are now using this fear of becoming irrelevant as a sales pitch to sell their products to traditional retailers.

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.

Over 39 lakh jobs created in 7 months till March

Over 39 lakh jobs created in 7 months till March

Rediff.com   22 May 2018

The highest number of jobs were created in the age group of 18-21 at 1.29 million, followed by 22-25 years of age at 1.12 million during these seven months.

RBI bar on cryptocurrencies challenged in SC

RBI bar on cryptocurrencies challenged in SC

Rediff.com   20 May 2018

Ahmedabad-based crypto firm Kali Digital Ecosystems' plea against the ban will be heard on July 20.

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.

How filing GST returns has changed in 10 months

How filing GST returns has changed in 10 months

Rediff.com   10 May 2018

From filing 37 returns a year when the Goods and Sales Tax was first introduced in July last year, the process has undergone major changes as the GST Council considered and implemented various models to ease the pain for assessees. Here's a recap of how the process has changed in 10 months.

6.22 million additional jobs were created in 2017-18

6.22 million additional jobs were created in 2017-18

Rediff.com   26 Apr 2018

The payroll estimates, released by the EPFO based on its enrolment, threw up some contrasting trend between September 2017 and February 2018.

Oil import bill likely to cross $100 billion mark in FY19

Oil import bill likely to cross $100 billion mark in FY19

Rediff.com   24 Apr 2018

The price of petrol breached a three-year high on Monday at Rs 74.50 a litre, while the price of diesel was at its highest at Rs 65.75 a litre

225,000 more shell companies come under ministry lens

225,000 more shell companies come under ministry lens

Rediff.com   21 Apr 2018

After taking action against 226,000 shell companies last year, the ministry of corporate affairs has now zeroed in on a fresh batch of suspected shell companies.

Bhanu Pratap Sharma is new Banks Board Bureau chief

Bhanu Pratap Sharma is new Banks Board Bureau chief

Rediff.com   13 Apr 2018

Govt reconstitutes body, says will not interfere in senior PSB appointments

Slow take-off for GST e-way bill likely as traders stock up early

Slow take-off for GST e-way bill likely as traders stock up early

Rediff.com   3 Apr 2018

The system has gone through three rounds of testing for its load-bearing capacity.

'2017-18 was a defining year for Indian economy'

'2017-18 was a defining year for Indian economy'

Rediff.com   31 Mar 2018

Businesses are still taking time to adjust in the new tax regime, which would weigh on growth rates for the financial year closing today.

Why govt banks will not be privatised

Why govt banks will not be privatised

Rediff.com   28 Mar 2018

'There is a law that prevents the government from diluting its equity in the PSBs below 50 per cent.' 'That law has to be amended and given the parliamentary arithmetic of the political parties, it is not as simple to do that.'

Country's top architects to give swanky makeover 600 rail stations

Country's top architects to give swanky makeover 600 rail stations

Rediff.com   21 Mar 2018

Top architecture firms belonging to Hafeez Contractor and C P Kukreja have offered to design a few stations free of cost.

Is there a great deal of trust in the private sector?

Is there a great deal of trust in the private sector?

Rediff.com   19 Mar 2018

With certain quarters demanding privatisation of public sector banks in the aftermath of the alleged fraud at Punjab National Bank (PNB), Economic Advisory Council to the Prime Minister chairman Bibek Debroy tells Sanjeeb Mukherjee, Ishan Bakshi and Indivjal Dhasmana that reducing government equity even to zero would not mean giving up of government control over these banks.

In Karnataka, Centre-state battle is over free cooking gas

In Karnataka, Centre-state battle is over free cooking gas

Rediff.com   13 Mar 2018

Rebuffing petroleum ministry, Siddaramaiah launches Pradhan Mantri Ujjwala Yojana-like scheme months before state polls