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.

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.

Govt to push for bigger role in Net governance, says Ravi Shankar Prasad
Wed, Mar 16, 2016

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.

Ravi Shankar Prasad: Multi-stakeholders, govts vital to managing the global internet infra
Wed, Mar 16, 2016

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.

Gujarat’s Kakrapar Incident: ‘Minor’ leak and a build-up in pressure
Wed, Mar 16, 2016

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.

Bank Account Number Portability: Switch to foster competition, but tougher ride than MNP
Tue, Mar 15, 2016

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.

Two new products every year; AMT, hybrid on the anvil: YK Koo
Tue, Mar 15, 2016

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.

In bad debt cloud, silver lining for banks: Aam aadmi
Mon, Mar 14, 2016

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.

Gujarat: Leak at Kakrapara Atomic Power Station forces shutdown of Unit-1
Sat, Mar 12, 2016

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.

‘Leak’ forces brief shutdown at snag-hit Kudankulam-I
Mon, Mar 07, 2016

No radiological safety implications and incident does not call for any safety audit, officials said.

Tax on EPF: Annuity push a likely windfall for insurance cos
Thu, Mar 03, 2016

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.

Under fire from board, government looks to sugarcoat EPF tax
Wed, Mar 02, 2016

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.