Vrishti Beniwal &Amp; N Sundaresha Subramanian

Stories by Vrishti Beniwal &Amp; N Sundaresha Subramanian

IMF team coming to check India's economic health in Nov

IMF team coming to check India's economic health in Nov

Rediff.com   27 Oct 2013

Part of periodic Article IV consultations on state of the economy; team to have discussions with government as well as banks, private investors and civil society

FM to grill govt banks' chiefs on Tuesday

FM to grill govt banks' chiefs on Tuesday

Rediff.com   21 Oct 2013

Meet to review progress on lending, impact of recent rate cuts and what is being done on NPAs, among other things

FinMin worried over tax mop -up

FinMin worried over tax mop -up

Rediff.com   18 Oct 2013

Chidambaram to meet revenue boards on how to get much more and quickly; special audits and notices among measures likely.

Who will foot the Rs 1,700-crore NSEL bill?

Who will foot the Rs 1,700-crore NSEL bill?

Rediff.com   15 Oct 2013

Exchange used new investors' money to pay returns to old ones, finds FMC's forensic audit.

RIL's wait for higher gas price to get longer

RIL's wait for higher gas price to get longer

Rediff.com   12 Oct 2013

Mukesh Ambani's Reliance Industries (RIL) might be denied a higher gas price from its D1 and D3 fields until the arbitration process with the government is over and a third-party expert report on the fall in output at the KG-D6 block is out.

FinMin questions IMF's GDP growth projections

FinMin questions IMF's GDP growth projections

Rediff.com   10 Oct 2013

IMF projected India's economic growth at 4.25% in 2013-14.

Construction firms top service tax amnesty charts

Construction firms top service tax amnesty charts

Rediff.com   9 Oct 2013

As of September, account for bulk of applications for availing of the government's amnesty scheme.

Stability returns to North Block

Stability returns to North Block

Rediff.com   7 Oct 2013

The rupee and equity turmoil seem over, with interest shifting to key personnel changes and 2014 polls.

FinMin chalks out strategy to limit US shutdown damage

FinMin chalks out strategy to limit US shutdown damage

Rediff.com   4 Oct 2013

India may be hit if stalemate in Washington persists over two weeks.

Centre hopeful of GST nod at Oct 21 meet

Centre hopeful of GST nod at Oct 21 meet

Rediff.com   3 Oct 2013

State finance ministers' panel to decide on latest attempt at harmonising of views on Constitution amendment.

NSEL investors want assets of Shah, directors attached

NSEL investors want assets of Shah, directors attached

Rediff.com   25 Sep 2013

About Rs 5,600 crore (Rs 56 billion) of investments of some 13,000 investors are stuck in NSEL. Despite reports from several internal committees of regulators and investigative agencies pointing to fraudulent activities, there hasn't been any substantial enforcement action against the exchange or the officials.

Mahila Bank to have pay-per-use IT infra model

Mahila Bank to have pay-per-use IT infra model

Rediff.com   18 Sep 2013

Move to hasten rollout and, if successful, set a precedent for new banking firms.

India won't withdraw from G20 currency pool

India won't withdraw from G20 currency pool

Rediff.com   7 Sep 2013

A day after BRICS (Brazil, Russia, India, China and South Africa) nations agreed on a $100-billion foreign currency reserve pool to tackle the volatile foreign exchange markets, India on Friday said the pool would act as a buffer arrangement, adding it might not withdraw anything from this reserve.

Did NSEL investors' money never reach borrowers?

Did NSEL investors' money never reach borrowers?

Rediff.com   5 Sep 2013

Ledger entries in NSEL books show no record of T+2 leg of the paired trades with borrowers.

India to ask US to calibrate tapering of stimulus

India to ask US to calibrate tapering of stimulus

Rediff.com   5 Sep 2013

India says it gives equal treatment to foreign companies on tax matters, not special consideration.

NSEL's Rs 720-cr sugar stock turned into a multi-storey mall

NSEL's Rs 720-cr sugar stock turned into a multi-storey mall

Rediff.com   2 Sep 2013

A much-vacant mall in a sleepy industrial park is all that's left of the amount allegedly owed by Mangla Shree Properties against 0.2-mt sugar deliveries

Plan spend may be axed again: Montek

Plan spend may be axed again: Montek

Rediff.com   1 Sep 2013

A cut in government spending would come at the cost of growth.

Special pact with World Bank to keep loan tap open

Special pact with World Bank to keep loan tap open

Rediff.com   29 Aug 2013

The World Bank would provide loans to India at higher than its existing concessional rates but lower than the market rate.

NSEL's settlement guarantee fund stood at only Rs 85 lakh

NSEL's settlement guarantee fund stood at only Rs 85 lakh

Rediff.com   28 Aug 2013

Against varying claims its SGF ranged from Rs 839 crore (Rs 8.39 billion) to Rs 62 crore (Rs 620 million), between July 29 and August 14, the bourse had Rs 84.66 lakh (Rs 8.46 million) in the actual SGF.

FinMin to pitch for upgrade from Japanese agency

FinMin to pitch for upgrade from Japanese agency

Rediff.com   26 Aug 2013

Amid fears of a downgrade from ratings agencies, the finance ministry is gearing up for a visit of Japan Credit Rating Agency officials on September 6.