Vrishti Beniwal, Sanjeeb Mukherjee And Shine Jacob

Stories by Vrishti Beniwal, Sanjeeb Mukherjee And Shine Jacob

ONGC seeks new petroleum exploration licence

ONGC seeks new petroleum exploration licence

Rediff.com   4 Mar 2020

RIL and Shell ceased production from the fields in 2016, and ONGC has already been using Tapti infrastructure for its other fields for better optimisation.

New technology adds zing to Indian Railways

New technology adds zing to Indian Railways

Rediff.com   4 Mar 2020

Globally, London's Tube and French railway networks are already using this technology in their corrosion-prone areas.

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.

Google to wind down free WiFi services globally

Google to wind down free WiFi services globally

Rediff.com   25 Feb 2020

Google had started the Station as a five-year partnership with the Indian Railways and RailTel in 2015 to provide fast, free WiFi in over 400 stations by mid-2020.

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

FCI to get Rs 2.15 trillion as food subsidy in 2020-21

FCI to get Rs 2.15 trillion as food subsidy in 2020-21

Rediff.com   3 Feb 2020

This is the highest in the past five years and almost 24 per cent more than last year.

Budget hikes food subsidy, but cuts it for fertilisers

Budget hikes food subsidy, but cuts it for fertilisers

Rediff.com   2 Feb 2020

Finance Minister Nirmala Sitharaman has brought down the budgetary allocation for the fertiliser subsidy for FY21 to Rs 71,309 crore, from the RE of Rs 79,998 crore for FY20, while increasing food subsidy to FCI through "ways and means advance" to Rs 50,000 crore for FY21, from Rs 36,000 crore in RE for FY20, and under the National Food Security Act (NFSA) to Rs 77,982 crore, from Rs 75,000 crore.

Why high food inflation is good news for the farmer

Why high food inflation is good news for the farmer

Rediff.com   14 Jan 2020

While rising food inflation is a matter of grave concern for a significant chunk of the population and for policy makers as well, it marks a turnaround in the fortunes of the farmer, reports Sanjeeb Mukherjee.

Spike in oil prices a temporary phase

Spike in oil prices a temporary phase

Rediff.com   12 Jan 2020

Oil prices jumped nearly $3 a barrel and gold and safe-haven bonds rallied on Friday after the killing of top Iranian commander Qassem Soleimani in an airstrike by the US in Baghdad.

Will the West Coast refinery take off?

Will the West Coast refinery take off?

Rediff.com   9 Jan 2020

BPCL's impending privatisation and RIL's stake sale to Saudi Aramco raise questions about the future of the West Coast Refinery, once touted as the world's largest.

Farm growth likely to remain subdued at 2.8% in FY20

Farm growth likely to remain subdued at 2.8% in FY20

Rediff.com   8 Jan 2020

A pick-up in farmer income could have a cascading impact on the rural economy, though agriculture is becoming a smaller part of India's overall rural incomes.

Modi to review ministries' work in quest for turnaround

Modi to review ministries' work in quest for turnaround

Rediff.com   3 Jan 2020

Starting today, Modi and top officials in the Prime Minister's Office will be briefed by various central ministries and departments on their plans as well as agenda for the next five years. They will also apprise the PMO of the work they have done so far in realising the agenda of government's second term in office.

Will Indian Railways be privatised?

Will Indian Railways be privatised?

Rediff.com   31 Dec 2019

Railways to hive off all production units and workshops into new govt-owned company; may invite bids from private players to run passenger trains in next 15 days, with ownership vesting with the government.

Govt for UPA-style bailout of NBFCs

Govt for UPA-style bailout of NBFCs

Rediff.com   26 Dec 2019

In 2009, the UPA government, had announced a slew of measures to boost liquidity in NBFCs. These included a scheme for providing liquidity support to NBFCs having assets size of over Rs 100 crore through a SPV.

Govt to break 150-yr tradition, gives nod to Railway board restructuring

Govt to break 150-yr tradition, gives nod to Railway board restructuring

Rediff.com   25 Dec 2019

The new board will have a leaner structure on functional lines headed by the chairman and four members - covering infrastructure, operations and business development, rolling stock, and finance.

Railways in talks with Reliance Jio on tower use

Railways in talks with Reliance Jio on tower use

Rediff.com   23 Dec 2019

Indian Railways is in talks with Reliance Jio Infocomm to allow the Mukesh Ambani-led telecom major's use of its towers. The aim is seamless mobile and internet connectivity for passengers along the 67,368-km of tracks. The Railway Board has entrusted its RailTel Corporation arm to work on the modalities with Jio. The Jio tie-up is expected to bring down its telecom bill by at least 35 per cent from this financial year.

Modi, team to start pre-Budget consultations next week

Modi, team to start pre-Budget consultations next week

Rediff.com   14 Dec 2019

In the 2020-21 Budget, the prime minister and the finance minister are keen to stamp their narrative, after various rollbacks following the previous Budget, said top government sources. Besides the scheduled meetings, the sources said, the Prime Minister's Office is expected to hold several meetings with top secretaries and officials on various ongoing schemes, their performance and also how some of them could be tweaked for better results.

Centre halves onion stock holding limit for retailers

Centre halves onion stock holding limit for retailers

Rediff.com   4 Dec 2019

India exported $102 million worth of dehydrated onions in 2018-19.

NITI Aayog on how India can become $5-trillion economy

NITI Aayog on how India can become $5-trillion economy

Rediff.com   2 Dec 2019

Though the NITI Aayog did not give its estimates for the required GDP growth at constant prices, economists pegged it at 9 per cent, a feat not seen since the GDP series was revised with 2011-12 as the base year.

Only 61% homes used LPG as of Dec 2018

Only 61% homes used LPG as of Dec 2018

Rediff.com   26 Nov 2019

Only 48.3 per cent of the rural households used LPG, while the figures were much higher in urban areas at 86.6 per cent, according to a NSO report.