Somesh Jha And Sanjeeb Mukherjee

Stories by Somesh Jha And Sanjeeb Mukherjee

'Some people don't want the poor to get food'

'Some people don't want the poor to get food'

Rediff.com   29 Aug 2013

The stock and foreign exchange markets have had a negative reaction to the government's biggest social security programme, the National Food Security Bill. Food minister K V Thomas questions the rationale behind such a response

Battered currency hits a 100 in Google search

Battered currency hits a 100 in Google search

Rediff.com   29 Aug 2013

On a relative worldwide scale of 0-100, the search value index of the rupee stood at 100 in August so far.

Rupee impact: India could soon see 6%-plus inflation

Rupee impact: India could soon see 6%-plus inflation

Rediff.com   29 Aug 2013

Softening of global commodity prices might not help much

Experts see GDP growth revival from second half of FY14, not 2nd quarter

Experts see GDP growth revival from second half of FY14, not 2nd quarter

Rediff.com   27 Aug 2013

Unless supported by investment, any spark of a recovery could be temporary, hint economists.

Good rain may push up FY14 farm GDP to 5-7%

Good rain may push up FY14 farm GDP to 5-7%

Rediff.com   26 Aug 2013

A five-seven per cent agriculture growth in 2013-14 would mean farming might exceed the 12th Five-Year Plan annual growth target of four per cent, if the trend continues.

Cabinet panel set to give 28 power projects a big push

Cabinet panel set to give 28 power projects a big push

Rediff.com   26 Aug 2013

Likely to set the ball rolling for Rs 1.72-lakh-cr projects today

Illegal mining activities up 4.2% in FY13

Illegal mining activities up 4.2% in FY13

Rediff.com   25 Aug 2013

Experts believe the surge in illegal mining is due to vested interests of politicians

Mega projects continue to face delays: Ministry

Mega projects continue to face delays: Ministry

Rediff.com   22 Aug 2013

According to the latest data, until May, 48.3 per cent of the total 207 projects worth Rs 1,000 crore (Rs 10 billion) or above, also termed as mega projects, faced delays and witnessed a cost overrun of 19.2 per cent from the originally-sanctioned Rs 656,000 to Rs 781,000.

FinMin, watchdogs worried about Sahara-NSEL ties

FinMin, watchdogs worried about Sahara-NSEL ties

Rediff.com   22 Aug 2013

The finance ministry and several agencies under it such as the Securities and Exchange Board of India (Sebi) and the Enforcement Directorate (ED), which are investigating the affairs of Sahara India Parivar, are worried about its exposure to National Spot Exchange Ltd (NSEL) products.

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.

Rupee fall may save FCI from price blues

Rupee fall may save FCI from price blues

Rediff.com   19 Aug 2013

Might earn around Rs 3,720 crore on export of 2 mt of wheat, despite dipping prices in international markets

Decision likely soon on spot exchanges' regulator

Decision likely soon on spot exchanges' regulator

Rediff.com   5 Aug 2013

In most developed markets, there are reporting agencies for spot markets and generally deals took place on the over-the-counter market.

PlanCom favours raising diesel price further

PlanCom favours raising diesel price further

Rediff.com   4 Aug 2013

Oil and gold had accounted for 45 per cent of India's imports bill in 2012-13.

Plan panel objects to govt funding for India Post bank

Plan panel objects to govt funding for India Post bank

Rediff.com   2 Aug 2013

The DoP has moved a Cabinet note for the government to provide Rs 500 crore (Rs 5 billion) as initial capital to India Post towards starting a bank.

Inflation: The spectre is a shadow of itself

Inflation: The spectre is a shadow of itself

Rediff.com   22 Jul 2013

Though inflation, on the basis of the wholesale price index, is nowhere near the 1990-91 level of 10.26 per cent and India is in a much better position to check it, the greater integration of our economy with the globe has exposed it to a much higher risk of imported inflation.

Mixed pace but steady poverty decline

Mixed pace but steady poverty decline

Rediff.com   19 Jul 2013

Majority of 'Bimaru' states register faster fall in rural poverty, while pace mostly other way round for others

UP, Bihar foodgrain allocation to soar

UP, Bihar foodgrain allocation to soar

Rediff.com   16 Jul 2013

According to an internal assessment of the food ministry, shared with chief ministers recently, Tamil Nadu, Kerala, Jammu & Kashmir and Himachal Pradesh will see a massive reduction in their annual grain allocation.

AirAsia sparks an HR row

AirAsia sparks an HR row

Rediff.com   16 Jul 2013

Questions are raised on Ramadorai's appointment.

We will have to reassess our growth estimate: C Rangarajan

We will have to reassess our growth estimate: C Rangarajan

Rediff.com   14 Jul 2013

'It appears the growth rate could be around six per cent'.

Adding 'Spice' to the banking licence

Adding 'Spice' to the banking licence

Rediff.com   4 Jul 2013

BK Modi-promoted group registers company 10 days before the deadline