Anil Sasi

Profile

ANIL-S-01

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.

Russia at Kudankulam: Local input for faster output
Wed, Jun 29, 2016

Russia has indicated that its Rosatom is open to shortlisting some Indian vendors. This could start with the localisation of mechanical engineering production to manufacture components and equipment in India to avoid time and cost overruns.

Pradhan Mantri Kaushal Vikas Yojana data till april 25: Of 17.58 lakh candidates skilled, 81,978 get placed
Mon, Jun 27, 2016

Ministry cites ‘incomplete data’ as primary reason for low placement numbers.

Regional connectivity scheme: Govt plans to levy departures on trunk routes
Sun, Jun 26, 2016

A likely imposition of Rs 7,000 to Rs 8,000 per domestic departure is estimated to generate Rs 500 cr per year

Westinghouse AP1000 reactors: Patchy record, cost concerns loom large
Wed, Jun 22, 2016

While nuclear power construction has been subject to significant cost escalation and regulatory delays, adding a new reactor technology only serves to make the cost estimation even tougher.

Simply put: What Brexit could mean for Indian business
Tue, Jun 21, 2016

Some UK-based factories, IT firms may be hit but the overall impact will be largely muted,

Arun Jaitley meets state FMs on GST: All states oppose GST cap, his message to Congress
Wed, Jun 15, 2016

Cong wants rate ceiling specified; Govt hopes to push Bill in monsoon session

Green power policy: Scaling up hydel’s share in energy mix
Wed, Jun 15, 2016

The government is redoubling its efforts to scale up the share of the hydro energy sector in the country’s overall energy mix. Two new sub-committees have been formed to specifically look at ironing out the legal and regulatory framework that is throttling the sector.

RBI’s asset quality review: Deep surgery starting to show results
Tue, Jun 07, 2016

Even in tier II-III towns, promoters realise that banks will come hard if they do not observe discipline.

Safety concerns: Inside India’s mines, a worker dies every 10 days
Wed, Jun 01, 2016

Mining has the distinction of being the most dangerous profession in India. Industry insiders concede that official numbers could be much lower than the actual deaths that take place deep inside the mines.

PMO bats for states’ bigger role in Motor Vehicles Act
Tue, May 31, 2016

The direction by the PMO to roads ministry to adopt a more inclusive stand on new legislation replacing the Motor Vehicles Act, 1988 could possibly nudge Centre to do the same in future engagements.

Beyond IT/BPO, new jobs not being created: 2/3 of record FDI only in services
Fri, May 27, 2016

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 […]

Economy’s green shoots yet to strike roots: Private investment still frozen
Thu, May 26, 2016

Global economy still in the woods. External demand which absorbed 50% of incremental manufacturing output, virtually absent.

Government clearances have got faster but lack of promoter interest stalls projects
Wed, May 25, 2016

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.

Civil Liability for Nuclear Damage: Now, a dedicated product to cover suppliers’ risk
Wed, May 25, 2016

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 […]

Boosting investments: Govt may kick-off asset recycling plans with PGCIL
Wed, May 25, 2016

Firm may be asked to monetise its transmission lines and tower assets from its joint ventures.

The big bank consolidation theory: How practical is it
Tue, May 24, 2016

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.

Sharp rebound in India-made handsets eclipses Nokia blip
Mon, May 23, 2016

Foxconn’s top official meets IT minister Ravi Shankar Prasad to push for full-fledged facility

Congress rules barely 6% of India, is out of states at cusp of major change
Fri, May 20, 2016

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.

What failing the crash test means for cars, carmakers and consumers
Thu, May 19, 2016

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.

Intellectual Property Rights: New policy may power R&D, national growth
Tue, May 17, 2016

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.

Additional levy on operational blocks: Coal-bearing states, govt in tussle over transfer of funds
Mon, May 16, 2016

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.

Cash-on-delivery: Postal department sees Rs 1,300 cr in FY16
Thu, May 12, 2016

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.

To seek Cabinet nod for India Post payment bank this month: Ravi Shankar Prasad
Thu, May 12, 2016

India Post’s payment bank is slated for a March 2017 launch.

Rajasthan’s new titling law: Groundwork for a faster development pitch
Sat, May 07, 2016

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.

There are just 18,359 (taxpaying) crorepatis in India
Tue, May 03, 2016

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.

Collateral for MSME loans: Monetising non-land assets
Tue, May 03, 2016

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.

Highways sector: Planning the road ahead with a little help from above
Wed, Apr 27, 2016

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.

Unorganised workers’ identification number: U-WIN may lose out to Aadhaar
Tue, Apr 19, 2016

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.

Solar projects: Ain’t no sunshine
Wed, Apr 13, 2016

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.

7th Pay Commission: Housing inflation index headed for cascading impact
Sat, Apr 09, 2016

According to the RBI, increase in index will be ‘quick and continuous’ and indirect effects will be ‘smaller’

Google asked to revise frequency for Project Loon; Microsoft’s White Spaces to connect schools
Fri, Apr 08, 2016

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.

Recognition of Prior Learning: As workers drop out, Centre moves in to tweak norms
Tue, Mar 29, 2016

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.

NCR’s FDI inflow more than double drawn by Mumbai-based firms
Mon, Mar 28, 2016

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.

Atomic material smuggling racket busted, Rajasthan ATS arrests 6
Mon, Mar 21, 2016

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.

Soon, the Net will be free of US control, have new governors. In new ICANN, who can?
Mon, Mar 21, 2016

The ICANN will now be governed by a “multi-stakeholder” model, including businesses, individual users and members of governments across the world.

The chosen six: Indian cities, European fix
Sat, Mar 19, 2016

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.