Somesh Jha And Arindam Majumder

Stories by Somesh Jha And Arindam Majumder

Why Indian Labour Conference has been postponed

Why Indian Labour Conference has been postponed

Rediff.com   21 Feb 2018

At the 47th ILC, scheduled for February 26 and 27 in Delhi, trade unions and employers were to discuss key issues related to employment and social security coverage to workers

Job creation takes a beating in April-June 2017

Job creation takes a beating in April-June 2017

Rediff.com   21 Feb 2018

The number of new jobs created declined by around 65 per cent to 64,000 in April-June 2017, from 185,000 in January-March 2017, according to the Labour Bureau's quarterly report on employment.

Lapses in banking system: Govt seeks RBI's views

Lapses in banking system: Govt seeks RBI's views

Rediff.com   20 Feb 2018

In its letter, finance ministry has pointed to sections 35, 35A and 36 of the Banking Regulation Act, 1949, to highlight the powers and functions of the RBI as regulator

How govt plans to ensure PNB-style scams don't ever happen

How govt plans to ensure PNB-style scams don't ever happen

Rediff.com   20 Feb 2018

Govt tells PSBs to integrate banking systems, rotate staff as a policy

'Autonomous' Prasar Bharati rejects I&B ministry's diktat

'Autonomous' Prasar Bharati rejects I&B ministry's diktat

Rediff.com   16 Feb 2018

I&B Ministry, Prasar Bharati are in tussle over ministry's directives, reports Shreya Jai and Arindam Majumder.

PNB fraud raises stink over banks' risk management ability

PNB fraud raises stink over banks' risk management ability

Rediff.com   16 Feb 2018

The latest fraud is a failure of management supervision and accountability, as no bad debt was generated and no cash was involved

Delhi Airport is the 6th busiest in Asia

Delhi Airport is the 6th busiest in Asia

Rediff.com   14 Feb 2018

In contrast to its global peers, a lion's share of Delhi airport's growth came from domestic flyers, which, at 46.6 million, makes up for 73 per cent of the total number of passengers.

No representations from investors against LTCG tax: Sebi chief

No representations from investors against LTCG tax: Sebi chief

Rediff.com   12 Feb 2018

After holding discussions with the FM, the Sebi chief said the government thought it was an opportune time to levy the LTCG tax as the "markets are booming."

Govt drops move to make hire and fire easier

Govt drops move to make hire and fire easier

Rediff.com   10 Feb 2018

The decision to drop the proposal was taken last month during a meeting that Finance Minister Arun Jaitley held with labour ministry officials.

Why RSS' labour wing will boycott PM's speech

Why RSS' labour wing will boycott PM's speech

Rediff.com   10 Feb 2018

Calling the Budget 2018 'anti-labour', the Bharatiya Mazdoor Sangh will observe February 20 as a 'black day'.

Budget 2018: Jaitley may have some bad news for the labour ministry

Budget 2018: Jaitley may have some bad news for the labour ministry

Rediff.com   31 Jan 2018

It had earlier proposed cutting it down to Rs 250 crore due to slow progress in enrollment of new employees.

Invested in Bitcoin etc? Get ready for the taxman

Invested in Bitcoin etc? Get ready for the taxman

Rediff.com   20 Jan 2018

Income tax department sends out notices to cryptocurrency investors on suspicion of tax evasion.

UDAN plagued by the problem of plenty

UDAN plagued by the problem of plenty

Rediff.com   19 Jan 2018

Modi's 'UDAN' project faces fund crunch as too many airlines have come on board

Govt mulls 100% foreign investment in private banks

Govt mulls 100% foreign investment in private banks

Rediff.com   18 Jan 2018

It is also considering to hike FDI cap for public sector from 20 per cent to 49 per cent

Post sell-off, govt likely to hold around 26% stake in Air India

Post sell-off, govt likely to hold around 26% stake in Air India

Rediff.com   12 Jan 2018

Government believes privatisation would increase the airline's efficiency and make it profitable, enriching the value of the remaining stake with it.

Why passengers can't de-board delayed flights

Why passengers can't de-board delayed flights

Rediff.com   9 Jan 2018

The good news is that the government has taken notice of the pain and has formed a task force to improve operating procedure during foggy days.

8% savings bonds scheme not closed, but interest rate lowered

8% savings bonds scheme not closed, but interest rate lowered

Rediff.com   3 Jan 2018

The bond, which the Reserve Bank of India started issuing on behalf of the Union government in 2003, was considered one of the safest savings instruments for retail investors.

Buy your ticket from the airline and win sops

Buy your ticket from the airline and win sops

Rediff.com   28 Dec 2017

While global majors like JetBlue, RyanAir, Southwest sell almost 90 per cent of their tickets through their own websites or apps, airlines in India have a minuscule share of around 25 per cent through direct channel booking.

Proposal to bring back fixed-term employment on anvil

Proposal to bring back fixed-term employment on anvil

Rediff.com   27 Dec 2017

Under fixed-term employment, workers are entitled to all statutory benefits available to a permanent worker in the same factory. However, employers may not give notice to a fixed-term worker on non-renewal or expiry of his or her contract.

'DB Realty will be back with a big bang'

'DB Realty will be back with a big bang'

Rediff.com   22 Dec 2017

Soon after a special CBI court acquitted all those accused the 2G spectrum allocation case, Somesh Jha spoke to DB Realty Managing Director Vinod Goenka at the crowded Patiala House premises.