Somesh Jha, Arup Roychoudhury And Shrimi Choudhary

Stories by Somesh Jha, Arup Roychoudhury And Shrimi Choudhary

FEMA norms may be amended to ease remittances

FEMA norms may be amended to ease remittances

Rediff.com   12 Oct 2018

According to the data available on the Reserve Bank of India's website, net workers' remittances in April-June 2018 were $11.5 billion

India's unions are upset with the Modi Sarkar

India's unions are upset with the Modi Sarkar

Rediff.com   9 Oct 2018

The unions term the introduction of fixed-term employment as a 'modern labour slavery system' introduced through the 'back door'.

Sebi probes crash in mid-caps

Sebi probes crash in mid-caps

Rediff.com   6 Oct 2018

Operator syndicate could be behind stock hammering, suspects regulator.

Economic Affairs Secy: 'Rs should settle at 69-70'

Economic Affairs Secy: 'Rs should settle at 69-70'

Rediff.com   1 Oct 2018

'The rupee falling from 69 to 72 was not normal or justified by the fundamentals.' 'And therefore I treat this as temporary.'

All you want to know about Atal Bimit Vyakti Kalyan Yojana

All you want to know about Atal Bimit Vyakti Kalyan Yojana

Rediff.com   28 Sep 2018

The Ministry of Labour and Employment on Wednesday announced a scheme to financially support those who lost their jobs and were covered under the Employees' State Insurance Act, 1948. Somesh Jha explains the key features.

Linking Aadhaar to PF account must for those earning below Rs 15,000/month

Linking Aadhaar to PF account must for those earning below Rs 15,000/month

Rediff.com   28 Sep 2018

Employees joining companies after August and availing of the government benefits under the Pradhan Mantri Rojgar Protsahan Yojana (PMRPY) will also have to link their PF accounts with Aadhaar numbers.

All is not lost for IL&FS yet as LIC, SBI plan to hike stake

All is not lost for IL&FS yet as LIC, SBI plan to hike stake

Rediff.com   26 Sep 2018

The IL&FS management is also talking to its second-largest shareholder, Orix Corporation of Japan, to infuse more funds into the company - in case any shareholder backs out during the rights issue.

Truth behind EPFO's payroll data

Truth behind EPFO's payroll data

Rediff.com   21 Sep 2018

Concerned by the continuous downward revision in the monthly net enrolment numbers, the EPFO has begun counting people quitting their previous jobs and joining a new one as an addition to the net payroll. According to experts these people cannot be counted as those who got a new job.

Pawan Hans to Air India, 9 PSUs to be put on the block

Pawan Hans to Air India, 9 PSUs to be put on the block

Rediff.com   21 Sep 2018

Sources said valuation of all these assets was an ongoing process, and the mode and manner of disposal would be decided on a case-by-case basis

Govt to inject Rs 2350 crore into Central Bank of India

Govt to inject Rs 2350 crore into Central Bank of India

Rediff.com   20 Sep 2018

Capital infusion seen necessary for banks to maintain regulatory norms at the time of paying interest towards AT-1 bonds

Rana Kapoor to remain Yes Bank chief till January end

Rana Kapoor to remain Yes Bank chief till January end

Rediff.com   20 Sep 2018

The RBI has cited corporate governance and regulatory issues for not extending Kapoor's term. Further, the lender has been directed to search for a successor.

SEBI action against high return schemes

SEBI action against high return schemes

Rediff.com   20 Sep 2018

Delhi brokers under SEBI's glare for drawing investors through ads promising unrealistic returns.

The many challenges facing Jaitley's fiscal promise

The many challenges facing Jaitley's fiscal promise

Rediff.com   19 Sep 2018

After the April-July fiscal deficit data was released on August 31, several analysts hinted that the government may need to go for cuts in capital expenditure to meet the fiscal deficit target.

On day 2 of review, Jaitley bullish on keeping fiscal deficit down

On day 2 of review, Jaitley bullish on keeping fiscal deficit down

Rediff.com   16 Sep 2018

Finance ministry tells PM fiscal deficit target will be met, capex expenditure won't be cut and GDP growth will surpass 7.5%.

Was Rs 42,200-crore worth dirty money deposited in Jan-Dhan accounts post DeMO?

Was Rs 42,200-crore worth dirty money deposited in Jan-Dhan accounts post DeMO?

Rediff.com   12 Sep 2018

The CBDT has begun the process of matching the deposits in accounts opened under the Pradhan Mantri Jan-Dhan Yojana (PMJDY), or Jan-Dhan accounts, with the profile of the depositors.

Not aware of husband's dealings with Videocon, says Kochhar in 30-page reply to Sebi

Not aware of husband's dealings with Videocon, says Kochhar in 30-page reply to Sebi

Rediff.com   6 Sep 2018

The regulator will now call Chanda and ICICI Bank's representatives for a personal hearing as part of adjudication proceedings launched against them.

Modi govt's capital expenditure for April-July crosses Rs 1 trillion

Modi govt's capital expenditure for April-July crosses Rs 1 trillion

Rediff.com   28 Aug 2018

The major beneficiaries have been the ministries of roads and highways, railways and power

Finally, govt admits rupee, crude prices will impact CAD

Finally, govt admits rupee, crude prices will impact CAD

Rediff.com   22 Aug 2018

Research and ratings agencies like Icra and Moody's have said the CAD in 2018-19 would be much higher than 2017-18

Doubts resurface over govt's jobs data, as EPFO cuts payroll numbers

Doubts resurface over govt's jobs data, as EPFO cuts payroll numbers

Rediff.com   21 Aug 2018

The payroll data has been revised downwards for each of the nine months between September 2017 and May this year

Taxman eyes Rs 100bn in recovery from 'struck-off' cos

Taxman eyes Rs 100bn in recovery from 'struck-off' cos

Rediff.com   20 Aug 2018

The CBDT asks ministry of corporate affairs not to oppose its application to restore the companies struck off by the Registrar of Companies, as it would prevent the board from launching tax recovery proceedings against them.