Shine Jacob And Vrishti Beniwal

Stories by Shine Jacob And Vrishti Beniwal

FinMin chalks out strategy to limit US shutdown damage

FinMin chalks out strategy to limit US shutdown damage

Rediff.com   4 Oct 2013

India may be hit if stalemate in Washington persists over two weeks.

Centre hopeful of GST nod at Oct 21 meet

Centre hopeful of GST nod at Oct 21 meet

Rediff.com   3 Oct 2013

State finance ministers' panel to decide on latest attempt at harmonising of views on Constitution amendment.

India pushing Iran to accept Rs for oil imports

India pushing Iran to accept Rs for oil imports

Rediff.com   1 Oct 2013

Keeps open the option to make payments in yen or yuan in the face of sanctions

CAG may pull up regulator, RIL in KG-D6 report

CAG may pull up regulator, RIL in KG-D6 report

Rediff.com   25 Sep 2013

According to an official close to the development, in the coming financial audit report, to be tabled in Parliament's Budget session next year, CAG will detail the slide in the government's share in petroleum sector profits due to a drop in gas production.

Project launched in one village, another fumes

Project launched in one village, another fumes

Rediff.com   23 Sep 2013

On Sunday, angry villagers of Leelala laid their own foundation stone - which had 'aam aadmi' inscribed as the name of the chief guest - still claiming the project was to come up in their village.

Mahila Bank to have pay-per-use IT infra model

Mahila Bank to have pay-per-use IT infra model

Rediff.com   18 Sep 2013

Move to hasten rollout and, if successful, set a precedent for new banking firms.

Govt starts oil diplomacy with US

Govt starts oil diplomacy with US

Rediff.com   14 Sep 2013

Petroleum minister M Veerappa Moily would like to import 11 million tonnes of Iranian crude in this financial year.

Fresh problem in Iran oil plan

Fresh problem in Iran oil plan

Rediff.com   11 Sep 2013

Teheran bargains on OilMin plan for more rupee payment via increased import; wants investment deal on gas block.

India won't withdraw from G20 currency pool

India won't withdraw from G20 currency pool

Rediff.com   7 Sep 2013

A day after BRICS (Brazil, Russia, India, China and South Africa) nations agreed on a $100-billion foreign currency reserve pool to tackle the volatile foreign exchange markets, India on Friday said the pool would act as a buffer arrangement, adding it might not withdraw anything from this reserve.

India to ask US to calibrate tapering of stimulus

India to ask US to calibrate tapering of stimulus

Rediff.com   5 Sep 2013

India says it gives equal treatment to foreign companies on tax matters, not special consideration.

For projects that are stuck, answer lies in 'file under submission'

For projects that are stuck, answer lies in 'file under submission'

Rediff.com   2 Sep 2013

In many cases, all that is required is a final letter from the ministry

Plan spend may be axed again: Montek

Plan spend may be axed again: Montek

Rediff.com   1 Sep 2013

A cut in government spending would come at the cost of growth.

Special pact with World Bank to keep loan tap open

Special pact with World Bank to keep loan tap open

Rediff.com   29 Aug 2013

The World Bank would provide loans to India at higher than its existing concessional rates but lower than the market rate.

Oil companies may soon start losing money on sale of petrol too

Oil companies may soon start losing money on sale of petrol too

Rediff.com   29 Aug 2013

According to estimates, if the companies are not allowed to raise petrol rates at least Rs 5 a litre by the first fortnight of September, they might begin to suffer underrecoveries on this decontrolled auto fuel, too -- for the first time this financial year.

FinMin to pitch for upgrade from Japanese agency

FinMin to pitch for upgrade from Japanese agency

Rediff.com   26 Aug 2013

Amid fears of a downgrade from ratings agencies, the finance ministry is gearing up for a visit of Japan Credit Rating Agency officials on September 6.

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.

Wherever you go, tax dept follows

Wherever you go, tax dept follows

Rediff.com   20 Aug 2013

Officials are relying on both formal and informal methods for reaching non-filers.

Victim of falling rupee: Indian crude basket

Victim of falling rupee: Indian crude basket

Rediff.com   20 Aug 2013

Crude oil hit an all time high in rupee terms; Tuesday figures expected to be higher

Law ministry says e-KYC valid

Law ministry says e-KYC valid

Rediff.com   9 Aug 2013

Finance ministry asks bank, insurance & market regulators to issue notifications

Nod for sovereign bond issue by public sector banks unlikely

Nod for sovereign bond issue by public sector banks unlikely

Rediff.com   2 Aug 2013

Officials asked what the point was in going through banks when the government has to give guarantees.