Somesh Jha, Rajesh Bhayani And Sanjeeb Mukherjee

Stories by Somesh Jha, Rajesh Bhayani And Sanjeeb Mukherjee

Modi asks states to alter mandi rules

Modi asks states to alter mandi rules

Rediff.com   12 Apr 2020

The agriculture ministry, in the last few weeks, issued guidelines and letters to states to ensure agriculture and food products reach consumers in a timely manner, while farmers don't have to come to the mandis to sell them.

60 officers to address worker issues during shutdown

60 officers to address worker issues during shutdown

Rediff.com   12 Apr 2020

The labour ministry has made public a list of 60 officers -- essentially labour commissioners in 20 regions across the country -- along with their e-mail address and contact numbers. They will deal with distress calls from workers who are working under the 'central sphere'.

Why India may defeat coronavirus

Why India may defeat coronavirus

Rediff.com   12 Apr 2020

'What is hindering us is the fear for the disease.' 'For those below the age of 55 years, it's a mild disease.' 'So take care of yourself, your family and your parents.'

Govt begins mapping migrant workers to work out relief package

Govt begins mapping migrant workers to work out relief package

Rediff.com   10 Apr 2020

The Union home ministry and the labour ministry have asked state governments to coordinate with the chief labour commissioner's (CLC's) office to give a comprehensive data of all the migrant workers by April 11.

Government takes up pay cut, layoffs with India Inc

Government takes up pay cut, layoffs with India Inc

Rediff.com   6 Apr 2020

A senior official in the central labour commissioner's office said the efforts of the government were to resolve the cases amicably and not to press for legal action against employers. "Everyone is going through tough times. We could initiate legal action if we want but that's not the idea. We want to address the issues amicably," the official said.

Will a warmer summer help slow down coronavirus spread?

Will a warmer summer help slow down coronavirus spread?

Rediff.com   2 Apr 2020

IMD has said the temperature in April-June across most parts in India is expected to be 0.5-1 degrees Celsius warmer than normal. However, doctors and scientists say they haven't found any direct correlation between the speed of COVID-19 spread and warm weather.

Gold import lowest in 10 years, March saw huge plunge

Gold import lowest in 10 years, March saw huge plunge

Rediff.com   1 Apr 2020

The month of March could be worst in many years, with imports estimated only around 18 tonnes amid the coronavirus pandemic and the nationwide lockdown, said an industry player. The import in March 2019 was 72.5 tonnes, according to the GFMS data.

Revealed: Politics behind the long walk home

Revealed: Politics behind the long walk home

Rediff.com   31 Mar 2020

The Centre and state governments bonded and then fell apart during the longest lockdown walk.

Why migrant labourers have little choice but to head home

Why migrant labourers have little choice but to head home

Rediff.com   26 Mar 2020

Around 81 per cent of the workers constitute the unorganised sector - devoid of any social security cover and outside the purview of a complex set of labour laws.

Coronavirus: Essential goods market faces labour shortage

Coronavirus: Essential goods market faces labour shortage

Rediff.com   24 Mar 2020

Nilesh Veera, director of APMC said, complained that availability of workers is a big problem. They have asked the government to provide enough sanitizers, masks, etc, for worker safety, to call them back. There has been no reply.

Stock exchanges activate disaster recovery sites

Stock exchanges activate disaster recovery sites

Rediff.com   24 Mar 2020

The objective is to ensure the exchange's preparedness in the event of a natural calamity, so that any disruptions should not affect market integrity and investor confidence.

Sitharaman takes stock of coronavirus impact on economy

Sitharaman takes stock of coronavirus impact on economy

Rediff.com   21 Mar 2020

While the meetings on Friday were preliminary discussions, it is learnt that sectors like tourism; hospitality; aviation; micro, small and medium enterprises (MSMEs); and livestock have sought deferring loan repayments and temporary tax holidays in specific cases to help them tide over the steep fall in economic activity.

COVID-19: How gold smugglers stand to gain

COVID-19: How gold smugglers stand to gain

Rediff.com   18 Mar 2020

Customs officials are busy at ports and airports, scanning passengers to ensure that COVID-19 virus-affected people are traced. So, officials are not able to focus much on baggage checking. This could lead to more gold getting smuggled into the country as luggage check at airports is now random unlike earlier where every bag was checked thoroughly.

Gold takes a beating, falls by Rs 3000 in a week

Gold takes a beating, falls by Rs 3000 in a week

Rediff.com   14 Mar 2020

Gold price in Mumbai's physical market on Friday fell 31.1 per cent or Rs 1,351 to close at Rs 41,848 per 10 gramme. Friday's fall in per cent terms is worst after November 2015 and, in absolute terms, the worst after August 2013. Silver prices fell Rs 2,255 to close 5 per cent lower at Rs 43,085 per kg on Friday.

Bonanza for around 30 mn industrial workers

Bonanza for around 30 mn industrial workers

Rediff.com   11 Mar 2020

The Seventh Pay Commission had decided to choose the CPI-IW as the index for adjusting inflation for central government employees.

Brace yourself, this summer's going to be hotter than usual

Brace yourself, this summer's going to be hotter than usual

Rediff.com   28 Feb 2020

The India meteorological department has stated that day temperatures are likely to be above normal by 0.5 degree Celsius, reports Sanjeeb Mukherjee.

Record wheat output expected, arranging storage for harvest a worry

Record wheat output expected, arranging storage for harvest a worry

Rediff.com   19 Feb 2020

India is expected to harvest 291.95 mt of foodgrain in 2019-20

RBI to rejig financial year in line with government's

RBI to rejig financial year in line with government's

Rediff.com   16 Feb 2020

Taking advantage of the RBI's different accounting year, the Centre had started demanding an interim dividend till the time the latter's final balance sheet is prepared (usually in August). To address this anomaly, an expert committee led by former RBI governor Bimal Jalan had recommended aligning the RBI's financial year with that of the government.

WhatsApp Pay gets nod, eyes lion's share of market

WhatsApp Pay gets nod, eyes lion's share of market

Rediff.com   8 Feb 2020

Facebook-owned messaging service WhatsApp has secured regulatory approval for launching its digital payment platform -- WhatApp Pay -- in a phased manner, close to two years after the US-based company's pilot run.

Why EPFO blocked accounts of 1 mn employees

Why EPFO blocked accounts of 1 mn employees

Rediff.com   6 Feb 2020

The government has found about 900,000 beneficiaries of its flagship job formalisation scheme, the PMRPY, were ineligible in the first place as they were part of the formal economy even before the inception of the scheme. The EPFO has also recovered Rs 222 crore so far from the employers concerned.