Anil Sasi

Profile

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.

Nuclear Safety Regulatory Authority Bill: Statutory backing key to better safety
Wed, Apr 26, 2017

The proposed Nuclear Safety Regulatory Authority Bill is seen as a crucial step in strengthening the functional independence of the country’s atomic regulator and give it the necessary statutory backing.

Exploding airbags: how a lifesaving device can bring death in an instant
Tue, Apr 11, 2017

Toyota has recalled the Altis in India over faulty airbags made by Japan’s Takata. Worldwide, 19 carmakers have ordered ‘largest, most complex safety recall in history’ over airbags.

Push GST rollout to Oct 1, fitment in tax slabs will be key: P Chidambaram
Mon, Apr 10, 2017

He, however, said that fitment of goods and services in the tax slabs under GST will hold the key to partly compensate for imperfections in the Bills.

Interview with P Chidambaram: ‘Push GST rollout to Oct 1, most items need to come under 18 per cent modal rate’
Mon, Apr 10, 2017

In an interview to The Indian Express, the former finance minister said that a rush to roll out the new tax regime from July 1 could be detrimental.

1.37 crore who don’t file returns are now on Income Tax radar
Fri, Apr 07, 2017

The department is employing what it calls a “360 degree profiling” of taxpayers

A matter of choice: Eating veg, voting BJP
Thu, Apr 06, 2017

States with the largest non-vegetarian populations are mostly ruled by non-BJP parties; those with the largest numbers of vegetarians, mostly by the BJP.

Regulators red-flag Govt’s shortcut on merging tribunals
Wed, Mar 29, 2017

The amendments moved to the Finance Bill, 2017, last week not only involved changes to applicable tax proposals but also structural changes to tribunals, appellate tribunals, boards and authorities under 17 separate Acts.

Shiv Sena MP-Air India row: ‘No-fly list’ a grey area
Sat, Mar 25, 2017

Airlines are now asking security agencies and the government to enforce such a no fly list where unruly passengers are barred from flying.

‘Focus start-up’ continues
Fri, Mar 24, 2017

Startup India Action Plan, which consists of 19 items spanning across areas such as handholding, funding support, incentives and an industry-academia partnership, comes as a much-needed fillip to new ventures

Toshiba’s nuclear sector pullout & Westinghouse financial crisis: Amid clouds of uncertainty comes ‘willingness’
Wed, Mar 22, 2017

Post Toshiba Corporation’s decision to pull out of building nuclear power plants, its US reactor vendor Westinghouse Electric’s India plan had run into uncertainty. However, in recent discussions with NPCIL, Westinghouse is said to have “expressed willingness” to continue with the proposed project in India

Solar plants, not gensets, to fuel clean, green Andamans
Tue, Mar 21, 2017

As per energy blueprint, two solar photovoltaic power plants in Port Blair will have battery storage of 25 MW

Assembly election results 2017: Nearly 2/3rd of population now lives in BJP-ruled states
Sun, Mar 12, 2017

Going by the Census 2011 data, the NDA states’ population tally (740.1 million) is now nearly seven times that of the states ruled by the Congress and its allies (107.2 million).

Interview with Arvind Panagariya: ‘Q3 GDP estimate not surprising after accounting inflation’
Wed, Mar 08, 2017

In a conversation with the Indian Express, Panagariya has suggested that the GDP estimate for the third quarter of 2016-17 was not surprising considering that inflation rates post demonetisation period have held up.

Stalled power projects: Stressed asset funds under consideration for rescue
Wed, Mar 08, 2017

In view of financial woes of power project developers due to worsening of macroeconomic environment, govt has asked PFC and REC to explore possibility for creation of Stressed Assets Equity Fund & Stressed Assets Lending Fund.

To tackle bad loans, private ARCs ‘practical’
Tue, Mar 07, 2017

Idea of pushing private asset restructuring companies is gaining traction even as concerted efforts by the RBI and the Centre to resolve the bad loans issue in the past have shown no tangible signs of improvement

ISRO plans to increase India Inc’s involvement
Mon, Mar 06, 2017

This comes in the wake of ISRO’s success in propelling a record 104 satellites into space through a single launch earlier this month.

Air-miss over language glitch, airlines warned over use of foreign pilots
Fri, Mar 03, 2017

The Goa incident triggered the traffic collision avoidance systems of the two aircraft and forced their pilots to take corrective measures to avoid a potential collision.

Database limited, more complete information by next year: Chief Statistician TCA Anant
Fri, Mar 03, 2017

On the credibility of quarterly data releases, Anant underlined “it is a careful statistical exercise” and that in many areas, “more complete information would be available in many ways by next year”.

I’m constrained by public data; GDP not based on anecdotes, says Chief Statistician TCA Anant
Fri, Mar 03, 2017

In an interview to The Indian Express, Anant emphasised that additional data will help in getting a better picture of October-December, the quarter of demonetisation, and it will be reflected in revised estimates next year.

Cargo movement: Bridging the load
Wed, Mar 01, 2017

Inventory for over 1,35,000 structures has already been completed till February, of which about 90,000 are culverts and rest are bridges

Speedbreakers kill over nine a day, half of deaths in UP, TN & Karnataka
Tue, Feb 28, 2017

In 2015, Madhya Pradesh, Karnataka and Uttar Pradesh accounted for 6,073 — 55 per cent of the total — accidents caused by speedbreakers.

Bharat Stage-VI in 3 years: Race over speedbumps
Mon, Feb 27, 2017

Dirty air is a public health emergency. But it won’t be easy to jump straight from BS-IV to BS-VI emission norms. The Indian Express explains.

Mining accidents: Management glitches, supervisory oversight to blame
Tue, Feb 14, 2017

The role of the management holds the key in ensuring a safe work environment, but figures show that the responsibility for at least 63% of the documented accidents in coal mines over the last 3 years goes to the management and the supervisory staff.

Capital goods: Headwinds faced by BHEL & L&T cast a shadow over rebound in economy
Mon, Feb 13, 2017

BHEL’s order book reportedly contracts by 10% y-o-y; L&T’s down 10% y-o-y for December quarter.

Behind Infosys war, unused $5 billion sitting in cash
Sat, Feb 11, 2017

Rather than using this cash to improve shareholders’ return, the old guard believes, the current management rewarded certain employees with hefty compensation and severance packages.

Digital payments: 10 per cent decline necessitates plugging the loopholes
Fri, Feb 10, 2017

Measures such as addressing arbitrariness in levying merchant charges, providing banking facility to the poor and incentives are needed to spur e-payments.

Demand sputters, thermal plant load at 10-year low
Wed, Feb 08, 2017

Government estimates for the April-December, 2016, period show the average PLF of the thermal power stations in the country has slid to a decadal low of 59.64 per cent.

Budget 2017: Selloff target hiked 60 per cent to Rs 72,500 crore
Thu, Feb 02, 2017

The finance ministry had estimated its receipts from disinvestment at Rs 56,500 crore in 2016-17, of which, it has so far raised Rs 26,903 crore through minority stake sale in state-owned companies.

Budget 2017: Arun Jaitley pegs fiscal deficit at 3.2 per cent of GDP
Thu, Feb 02, 2017

Proposes a target for achieving a revenue deficit of 1.9 per cent of GDP in 2017-18 from the earlier target of 2 per cent of GDP.

Budget 2017: In boost for medium & small firms, tax slashed to 25 per cent
Thu, Feb 02, 2017

From the Centre’s perspective, the revenue forgone estimate for this measure is expected to be Rs 7,200 crore per annum.

Government may cite withdrawal of tax appeals in Budget
Mon, Jan 30, 2017

The Centre is likely to cite this in the upcoming Budget as proof of its commitment towards a non-adversarial tax administration, officials involved in the exercise said.

Income surge behind farm tax proposal was data entry error
Thu, Jan 26, 2017

Subsequently, though, the Income Tax department, in a response submitted to the Standing Committee on Finance, admitted to huge agriculture incomes in ITRs primarily on account of data entry errors.

Trump walks the talk, quits Pacific trade pact. What happens now?
Wed, Jan 25, 2017

On his first weekday at work, the US President ‘terminated’ the Trans-Pacific Partnership, the biggest trade deal in history, Barack Obama’s signature achievement and the proposed American counter to China’s economic influence in the region.

Small firms hit by note ban, banks brace for fresh wave of bad loans
Tue, Jan 24, 2017

The conservative estimate is that the fresh wave of bad loans could surface over the next three-four quarters and specifically be centred around loans to the MSME segment.

Digital push: Demonetisation propels ramping up cyber safety
Fri, Jan 06, 2017

A National Cyber Coordination Centre, A CERT-In’s Botnet Cleaning and Malware Analysis Centre and the RBI’s circular to banks on phishing attacks are some of the key steps being undertaken to ensure safe and secured digital transactions.

After Jharkhand toll, 2016 one of deadliest years for mine workers
Tue, Jan 03, 2017

Eastern Coalfields, where the latest accident has taken place, is a subsidiary of State-owned Coal India Ltd (CIL), the world’s largest coal miner.