Shiva Rajora, Business Standard

Stories by Shiva Rajora, Business Standard

In a first, govt to conduct yearly private capex survey from October

In a first, govt to conduct yearly private capex survey from October

Rediff.com   15 Sep 2024

At a time when the government is nudging the private sector to ramp up its capital expenditure (capex), the Ministry of Statistics and Programme Implementation (MoSPI) is poised to kick-start the first-of-its-kind annual survey on the status of private sector capex from next month. "The inaugural edition of the annual exercise will start in October and will be completed by December. "The results will be made public by February next year," said Geeta Singh Rathore, director general, National Sample Survey Office (NSSO), at a data users' conference on Thursday.

Govt dissolves Pronab Sen-led panel on statistics, cites 'overlap' in work

Govt dissolves Pronab Sen-led panel on statistics, cites 'overlap' in work

Rediff.com   10 Sep 2024

With the dissolution of former chief statistician Pronab Sen-led Standing Committee on Statistics (SCoS) by the Ministry of Statistics and Programme Implementation (MoSPI), the National Statistical Commission (NSC) has regained prominence as the primary statistical body to address issues regarding results, methodology and questionnaire, among others. A MoSPI official in an email informed the 16-member SCoS about the decision to dissolve it, citing that its work was "overlapping" with that of the Steering Committee for National Sample Surveys (NSS), which was set up in June this year.

Airfares Rise By 53% As Competition Fades

Airfares Rise By 53% As Competition Fades

Rediff.com   5 Sep 2024

Indigo has zero competition on 61.2 per cent of its 838 domestic routes.

Dahi Handi: Insurers Cover 90,000+ Govindas

Dahi Handi: Insurers Cover 90,000+ Govindas

Rediff.com   26 Aug 2024

'As on August 25, 94,753 Govindas have been insured.' 'This number is expected to rise further, as proposals for 5,000 to 8,000 Govindas are received daily.'

EPFO will migrate to new IT platform in 3 months: Labour minister

EPFO will migrate to new IT platform in 3 months: Labour minister

Rediff.com   22 Aug 2024

Employees Provident Fund Organisation (EPFO) will migrate to a new information technology (IT) system within the next three months, Union labour minister Mansukh Mandaviya said on Wednesday. In July last year, a clutch of officers at the retirement fund body had written a letter to the Central government complaining about archaic and "collapsing" software systems. Subscribers too were facing problems due to it.

Airfares Already Soar For Diwali!

Airfares Already Soar For Diwali!

Rediff.com   20 Aug 2024

'Airlines are aware that during peak times like Diwali, demand will be high, so prices remain steep even for tickets purchased 90 days ahead.'

Urban unemployment declines to 6.6% in Q1

Urban unemployment declines to 6.6% in Q1

Rediff.com   19 Aug 2024

Employment in urban areas in the first quarter of 2024-25 (FY25) improved over the previous one. The unemployment rate in April-June (Q1) declined to 6.6 per cent from a four-quarter high of 6.7 per cent in January-March FY24 owing to the fall in the male unemployment rate, according to the quarterly Periodic Labour Force Survey (PLFS) data, released by the National Statistical Office (NSO) on Friday.

Women Outnumbered In Bank Accounts!

Women Outnumbered In Bank Accounts!

Rediff.com   17 Aug 2024

As of March 2023, the share of accounts belonging to women stood at 36.4 per cent (917.7 million) of the total 2.52 billion individual accounts.

'Industry Has To Help Us'

'Industry Has To Help Us'

Rediff.com   16 Aug 2024

'There will be 200 ITIs developed as hubs, while 800 will be developed as spoke, connected with five National Skill Training Institutes.'

8th Eco Census likely next year; data for 7th awaited

8th Eco Census likely next year; data for 7th awaited

Rediff.com   14 Aug 2024

The Ministry of Statistics and Programme Implementation (Mospi) has started preparations for the eighth Economic Census (EC), which is expected to be formally launched next year, sources told Business Standard, even as the results of the seventh edition are yet to be made public. "Centre has asked states and Union Territories (UTs) to submit requirements for funds and manpower in a bid to start work on the eighth EC. "The states and UTs are required to set up a dedicated unit to conduct the exercise.

What Modi May Say In I-Day Address

What Modi May Say In I-Day Address

Rediff.com   14 Aug 2024

'Given our turbulent neighbourhood, the prime minister is likely to emphasise on democratic dividend as the reason behind India's continuous prosperity.'

The Nehruvian Who Fell Out With Sonia Gandhi

The Nehruvian Who Fell Out With Sonia Gandhi

Rediff.com   12 Aug 2024

Because of his proximity to Indira Gandhi, he was able to intervene directly at the level of the PMO, which he did in the days leading up to the partition of Pakistan in 1971 when he transferred crucial information about Pakistan's moves via information handed to him by an East Pakistani diplomat in Poland where he was posted.

'Brand' Welcome Awaits Olympic Stars

'Brand' Welcome Awaits Olympic Stars

Rediff.com   12 Aug 2024

'The Paris Olympics has once again blessed the Indian sports marketing landscape with fresh faces and promises.' 'Expect at least one biopic.'

MFs Boom Despite Market Volatility

MFs Boom Despite Market Volatility

Rediff.com   10 Aug 2024

Mutual Fund inflows in FY25 have already reached two-thirds of the total inflows seen in the entire FY24, with net inflows standing at Rs 1.3 trillion.

Aamir Khan, Kiran Rao In Supreme Court

Aamir Khan, Kiran Rao In Supreme Court

Rediff.com   10 Aug 2024

Lawyers flooded the courtroom of Chief Justice of India D Y Chandrachud to witness the proceedings as one special guest -- Aamir Khan -- was seated in the front row.

Sebi Can't Recover Rs 76,293 Cr Dues!

Sebi Can't Recover Rs 76,293 Cr Dues!

Rediff.com   10 Aug 2024

Out of 3,871 recovery certificates issued by the regulator in various cases, 807 have been certified as difficult to recover.

Job creation gets Budget boost with incentives

Job creation gets Budget boost with incentives

Rediff.com   24 Jul 2024

Recognising job creation for the youth as the foremost challenge for the economy, Finance Minister Nirmala Sitharaman on Tuesday announced a comprehensive Prime Minister's package to facilitate the employment and skilling of 41 million youth with a central outlay of Rs 2 trillion over the next five-year period. The package will consist of five schemes and initiatives - three focused on jobs and two on skilling.

Fresh Youth Hiring Surged In April-May

Fresh Youth Hiring Surged In April-May

Rediff.com   22 Jul 2024

'This year overall hiring has seen a slight improvement as compared to the dip seen during the last financial year.'

'Budget Focus Will Be On Growth, Jobs'

'Budget Focus Will Be On Growth, Jobs'

Rediff.com   16 Jul 2024

'There is no immediate threat to the government, and they would prefer the growth agenda.'

New base years for macros likely to kick in from Jan-Feb 2026

New base years for macros likely to kick in from Jan-Feb 2026

Rediff.com   2 Jul 2024

Updated new base years for national accounts and other macro-indicators are expected to come into effect from January-February 2026, coinciding with the first and second advance estimates of national income for FY26, senior official sources aware of the development told Business Standard. "The statistics ministry set up the Advisory Committee on National Accounts Statistics (ACNAS) earlier this week. "It will advise on the base year for GDP (gross domestic product) and its alignment with other macro-indicators.