Somesh Jha, Arup Roychoudhury And Shrimi Choudhary

Stories by Somesh Jha, Arup Roychoudhury And Shrimi Choudhary

Has Modi Sarkar delivered on Budget 2014?

Has Modi Sarkar delivered on Budget 2014?

Rediff.com   4 Feb 2019

Fifty-six months on, the government's record in implementing these schemes and projects has been mixed, report Arup Roychoudhury and Indivjal Dhasmana.

General Budget or Interim Budget?

General Budget or Interim Budget?

Rediff.com   31 Jan 2019

General Budget is a terminology earlier used to differentiate between the Union Budget with the Railway Budget. Full-fledged budgets are titled "Union Budget", while interim Budgets are titled just that.

2 members of National Statistical Commission quit over jobs data report

2 members of National Statistical Commission quit over jobs data report

Rediff.com   30 Jan 2019

With the two members quitting, the NSC now has only two members -- Chief Statistician Pravin Srivastava and NITI Aayog CEO Amitabh Kant.

Now job opportunities abroad under govt initiative

Now job opportunities abroad under govt initiative

Rediff.com   29 Jan 2019

A fresh global skill gap study shows how India can tap opportunities in Germany, New Zealand, Qatar, Malaysia, The Netherlands, Saudi Arabia, Singapore, Sweden, Switzerland, UAE and the UK.

New 'secrets' emerge in PNB scam

New 'secrets' emerge in PNB scam

Rediff.com   28 Jan 2019

FinMin finally sacked executive directors K V Brahmaji Rao and Sanjiv Sharan on January 18. The bank's board, however, had felt they had no criminal intent and it was a case of 'casual oversight'

Interim Budget: Cheers for taxpayers likely

Interim Budget: Cheers for taxpayers likely

Rediff.com   28 Jan 2019

The finance minister is likely to announce the government's vision for a tax-friendly regime by raising the I-T exemption limit from the current Rs 250,000 per annum.

Piyush Goyal to meet PSB chiefs on Monday ahead of Budget

Piyush Goyal to meet PSB chiefs on Monday ahead of Budget

Rediff.com   25 Jan 2019

Goyal is expected to discuss the targets for the banks for 2019-20, as well as priority sector lending, recovery on non-performing assets, and the bankruptcy proceedings of various companies, which owe money to the banks.

Modi sarkar's unique plan to cut fiscal deficit

Modi sarkar's unique plan to cut fiscal deficit

Rediff.com   24 Jan 2019

Government is framing a rule that will make it compulsory for regulators like Sebi, Irdai and PFRDA to deposit a significant portion of their reserves into the Consolidated Fund of India.

Govt hopes to sell Air India, lease Ashok hotel next fiscal

Govt hopes to sell Air India, lease Ashok hotel next fiscal

Rediff.com   19 Jan 2019

'The target for next year is unlikely to be more than that of this year. The more you divest in any cycle, the less your potential pipeline for the next,' said an official. 'The first two issues we want to tackle and complete in FY20 are Air India and Hotel Ashok.'

Budget content would be decided by economic realities: Jaitley

Budget content would be decided by economic realities: Jaitley

Rediff.com   18 Jan 2019

Jaitley also hinted that these very economic realities could decide whether the government sticks to a fiscal consolidation roadmap or not.

Jaitley may return on Jan 25, Budget on schedule

Jaitley may return on Jan 25, Budget on schedule

Rediff.com   17 Jan 2019

The 66-year-old finance minister underwent a successful kidney transplant surgery in mid-May and was on leave since April due to kidney-related problems and chest infection.

Should we scrap quarterly job surveys?

Should we scrap quarterly job surveys?

Rediff.com   16 Jan 2019

A government panel examined the records of employees surveyed by Labour Bureau's quarterly enterprises surveys and mapped it with the EPFO's subscribers and found "unexplained variations" between the two.

Govt seeks Rs 23,100 cr interim dividend from RBI by March 31

Govt seeks Rs 23,100 cr interim dividend from RBI by March 31

Rediff.com   8 Jan 2019

This amount will include Rs 13,100 crore that Economic Affairs Secretary Subhash Garg has been publicly seeking from the central bank's contingency reserve fund since 2017-18 (FY18).

What to expect from Budget 2019

What to expect from Budget 2019

Rediff.com   7 Jan 2019

The losses in state elections in Rajasthan, Madhya Pradesh, and Chhattisgarh have put the ruling party under pressure to announce swift measures aimed at addressing rural distress and lack of employment.

These two ministries are clashing over paid maternity leave

These two ministries are clashing over paid maternity leave

Rediff.com   31 Dec 2018

After complaints that the new law may impact employment of women, the government has framed a scheme to provide monetary incentive to companies, reports Somesh Jha.

Srikrishna panel seeks replies from Chanda Kochhar

Srikrishna panel seeks replies from Chanda Kochhar

Rediff.com   31 Dec 2018

The panel is believed to have examined each financial transaction between the Kochhar family and Videocon group, and the suspected trail of properties and assets that the family acquired since Chanda Kochar became ICICI Bank's MD.

What is compensation cess and how will it help govt cuts fiscal deficit?

What is compensation cess and how will it help govt cuts fiscal deficit?

Rediff.com   27 Dec 2018

The Centre has projected reining in its fiscal deficit at 3.3 per cent of GDP in FY19.

Will the Modi govt get its divestment maths correct?

Will the Modi govt get its divestment maths correct?

Rediff.com   26 Dec 2018

A chunk of divestment till now has come from follow-on offerings in the Centre's two ETFs, Bharat-22 and CPSE. Now, there will be initial public offerings of Mazagon Docks, rail companies RVNL and IRFC and MSTC.

BoB-Dena-Vijaya Bank merger: What it means for their customers

BoB-Dena-Vijaya Bank merger: What it means for their customers

Rediff.com   24 Dec 2018

The combined entity is set to be the third largest bank in India, behind State Bank of India and ICICI Bank.

Is RSS union trying to split India's trade unions?

Is RSS union trying to split India's trade unions?

Rediff.com   21 Dec 2018

BMS allies with breakaway faction of Congress-affiliated INTUC. This marks a new chapter in India's trade union movement