Anil Sasi is a Senior Editor with the Indian Express and writes on business and finance issues. He has worked with The Hindu Business Line and Business Standard and is an alumnus of Delhi University.
A significant share of the record foreign direct investment (FDI) equity inflows — at an all-time high of $41 billion in 2015-16 — have largely been routed to the services sector, which is reflected in employment buoyancy in these sectors, while most manufacturing sectors are faced with a progressive contraction in labour numbers, according to […]
Global economy still in the woods. External demand which absorbed 50% of incremental manufacturing output, virtually absent.
Land acquisition problems, as a reason for stalling of project implementation, have come down to under seven per cent over the last two years, down from 16 per cent in 2013-14 and 13 per cent in 2012-13.
The Indian Nuclear Insurance Pool, launched by the state-owned General Insurance Corporation-Reinsurer (GIC-Re) and other Indian insurance companies in June last year to offer an insurance product for NPCIL for covering the operator’s liability under the provisions of the Civil Liability for Nuclear Damage (CLND) Act 2010, will subsequently launch a separate product to specifically […]
Firm may be asked to monetise its transmission lines and tower assets from its joint ventures.
The SBI’s proposal to merge five of its subsidiaries makes a compelling case for the banking industry as the experiment has the potential to prune balance sheets, better synergies and introduce rationalisation.
Foxconn’s top official meets IT minister Ravi Shankar Prasad to push for full-fledged facility
Among the other major states that are up for polls in the coming two years — Punjab in March 2017, Uttar Pradesh in May next year and Gujarat in January 2018 — the Congress is unlikely to fancy much of a chance.
NCAP stands for New Car Assessment Programme, a series of safety tests instituted by Global NCAP that has editions in several car markets, and assesses safety and build quality parameters in new vehicles.
The announcement of the new IPR policy has been a much sought after reform considering the unfavourable regulatory environment prevalent in the country. The new policy is expected to encourage the IPR regime, making it more efficient.
According to the Coal Controller’s office, the total amount of additional levy deposited till March 2016 in the central government’s account was Rs 6,149.64 crore.
The postal department’s revenues by ways of COD consignments from e-commerce majors have surged to Rs 1,300 crore during the year ending March 2016.
India Post’s payment bank is slated for a March 2017 launch.
In this context, the Rajasthan Urban Land (Certification of Titles) Act, 2016, passed by the Rajasthan Assembly last month, sets the legal framework for granting of legitimate rights to a property owner in that state.
Consumption and spending data for the year, especially of luxury products, shows how deceptive these numbers may be and blows holes in the government’s official estimate of the number of taxpayers.
With a ‘moveable asset registry’ and a system of professional credit advisors, the government is planning to ease the constraints which are limiting fund flow to the cash-strapped sector.
A collaborative venture involving the satellite data and geospatial technology of the ISRO’s National Remote Sensing Centre is to be leveraged by the NHAI in preparing detailed project reports of highway and infrastructure projects.
The mandate of U-WIN or the unorganised workers’ identification number criss-crosses with that of Aadhaar’s and would lead to unnecessary duplication of work already being done under the ambit of the latter project, say govt sources.
Despite the sector’s efforts to inch closer to grid parity, disruptive bidding games, a negative WTO panel ruling and a dependency on land availability and evacuation facilities for success puts investments in jeopardy.
According to the RBI, increase in index will be ‘quick and continuous’ and indirect effects will be ‘smaller’
Google, had approached the Department of Information and Technology (DeitY) late last year to conduct pilot test of Project Loon in the frequency band 700-900 MHz in the country.
Out of a total of 507 workers that were pre-assessed and 316 workers recommended for training, only 181 workers appeared for final assessment while 174 workers passed, largely due to a trend of leaving the designated site to other sites for better wages.
During April-December this fiscal, over 90 per cent of the total foreign direct investment received came in through the automatic route, with less than 10 per cent coming in through the approval route.
The inputs were verified by the intelligence agency and passed on to Rajasthan Police’s ATS, which gathered further information and arrested six persons in end-January, resulting in the recovery of the atomic mineral.
The ICANN will now be governed by a “multi-stakeholder” model, including businesses, individual users and members of governments across the world.
The Smart Cities project, a flagship scheme of the Centre under which 100 smart cities are to be built in the due course, has seen a selection of 20 cities in the first competitive round.
The new governance model is being worked out through a global consultation process and efforts are underway to end direct US government oversight control of administering the Internet.
Speaking to Indian Express, Prasad said that India has emerged a powerful voice in internet governance and that incrementally, governments across the world are realising the threat of terrorism and are open to government’s role on security front.
The snag in Gujarat’s Kakrapar Atomic Power Station is the fourth such occurrence in the last few years. It was preceded by one at Kudankulam Nuclear Power Plant and two at Rajasthan Atomic Power Station.
From a customer’s perspective, there are numerous benefits of inter-bank account number portability, but the implementation depends on two key enablers in the Indian context — Aadhaar as the unique identification for customers and National Payments Corporation of India as a central payment mechanism.
Managing director YK Koo, in an interview to Sandeep Singh and Anil Sasi said that while the infra cess was unexpected, both customers and industry remain wary of the policy surrounding diesel cars.
Amid serious concerns over bad debts across corporate and SME (small and medium enterprises) segments, there is one bright spot for banks — the retail consumer.
The KAPS which employs around 350 people saw many of them rush out from the reactor building on learning of the leakage and informed to top officials.
No radiological safety implications and incident does not call for any safety audit, officials said.
While govt has currently proposed to allow only annuity product as the option where the money can be deployed for tax gain, financial planners say that the govt should look to expand the option beyond just one scheme.
Earlier in the day, Revenue Secretary Hashmukh Adhia said only 60 per cent of interest on contributions made after April 1, 2016 will be taxed and that the principal amount of contribution will remain untouched at the time of withdrawal.