Follow Us:
Saturday, January 18, 2020

Anil Sasi


Anil Sasi is National Business 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.

Solar imports soar, it’s now more make-in-China than make-in-India
Sat, Jan 18, 2020

An estimated 85 per cent of this equipment has been imported from three countries — primarily China, alongside Vietnam and Malaysia — with a surge coinciding with the rollout of the Centre’s ‘Make-in-India’ programme.

From cars to watches, protests hit India Inc: ‘Decline in customers visiting showrooms’
Mon, Jan 13, 2020

Restaurant owners have pointed to the street violence in urban centres such as Delhi, Lucknow and Kolkata, alongside prohibitory orders imposed by state administrations, having a direct impact on the food business.

As BharatNet flounders at last mile connectivity, DoT dials the private sector
Mon, Jan 13, 2020

Of the 1.26 lakh GPs that have been made service ready so far, WiFi hotspots are functional only in 15,000. The plan to provide fibre to the home (FTTH) connectivity is operational only at 27,856 GPs till end-December, the official added.

Qassem Soleimani killing prompts Govt to tighten drone rules
Fri, Jan 10, 2020

Two senior government officials, who are aware of the deliberations to tighten the regulatory framework, said the move to “step back” on the drone policy has been prompted by fresh red flags raised by security agencies.

Fears of surge in oil price, Govt looks outside Gulf
Sat, Jan 04, 2020

It is estimated that a $10-per-barrel increase in the price of oil would negatively impact India’s growth by 0.2-0.3 percentage points and worsen the Current Account Deficit (CAD) by $9-10 billion dollars.

With one product each, Kia and MG drive into top 10 in debut year
Fri, Jan 03, 2020

Maruti Suzuki, Hyundai and Mahindra & Mahindra occupied the first three slots.

Steady decline in Ujjwala refills triggers fresh concerns
Thu, Jan 02, 2020

Over a dozen states are below half the national average consumption of LPG refill cylinders of 6.25 cylinders (14.2 kg) during fiscal 2018-19.

UDAY scheme loses power, sharp spike in discom losses
Mon, Dec 23, 2019

Discom losses, which had progressively reduced in the first couple of years since the scheme’s rollout in November 2015, have rebounded in FY ’19 to nearly double the losses recorded the previous year.

Government testing GIMs, its secure messaging app
Mon, Dec 16, 2019

GIMS is being packaged for employees of Central and state government departments and organisations for intra and inter organisation communications.

Explained: How cars can run on hydrogen
Tue, Dec 17, 2019

Supreme Court has asked government to look into the feasibility of hydrogen-based tech to deal with vehicular air pollution in capital. India is looking closely at Japan, which has made progress in this field.

Sector watch: Japan’s Mitsui reroutes curry back to India as it ups consumer portfolio
Mon, Dec 16, 2019

First restaurant in joint venture with Ichibanya in early 2020

Cars powered by hydrogen cells: Japanese research is key input in Govt’s SC reply
Tue, Dec 03, 2019

Research on hydrogen-based vehicle technology, or fuel cells, done at the International Research Center for Hydrogen Energy at Kyushu University is learnt to be a crucial input in the submissions set to be presented by the Centre in the Supreme Court on December 3.

As Japan pushes cashless agenda, Paytm app cashes in
Mon, Dec 02, 2019

Paytm, the flagship brand of One97, partnered SoftBank and Yahoo Japan in October last year. PayPay’s claimed user base of nearly 15 million users till October 2019, includes consumers of an existing wallet inherited by the Paytm app on launch.

ONGC cash reserves at record low, spend on exploration dips
Fri, Nov 22, 2019

A closer examination of the data for the last six years, however, shows that ONGC’s expenditure on exploratory wells has almost halved from Rs 11,687 crore in the year ended March 2014 to Rs 6,016 crore in the year ended March 2019.

133 units, switching off: Low demand behind half of thermal power plants shutting down
Sat, Nov 16, 2019

Of the country’s total installed generation capacity of 3,63,370 MW, the peak demand met was a little less than half at just around 1,88,072 MW on November 7, according to official data available with grid managers and analysed by The Indian Express.

New energy firms & telcos stare at default, NPA fear grips banks
Wed, Oct 30, 2019

In all, over 15 discoms have fallen back on their payment obligations against electricity supplied by solar and wind energy developers — the only bright spark in an otherwise sluggish electricity sector.

PMC bank fraud case: Several red flags fluttered right under RBI’s nose
Thu, Oct 10, 2019

The PMC scam went undetected for around 11 years despite the RBI requiring all regulated entities — including cooperative banks — to submit details of transactions and accounts to it since February 2016.

Peter Estlin: ‘London is not immune from Brexit, but largely prepared for various outcomes’
Wed, Oct 09, 2019

Lord Mayor of the City of London Peter Estlin said that Brexit provides the UK with an opportunity to start a global dialogue by itself on how financial technology companies are regulated across the world.

Ravi Shankar Prasad: ‘With new, pro-investment tax regime, we’re going to make a big case for India’
Mon, Oct 07, 2019

Ravi Shankar Prasad said that his department is prioritising components manufacturing as well to ensure the entire value chain is present in India.

‘Super-sensitive data’ will have to reside in India; Bill to be before Cabinet soon: Ravi Shankar Prasad
Sat, Oct 05, 2019

Prasad indicated that while the government recognised the importance of free data flow, it was clear in its resolve that “super-sensitive data” would have to reside in India.