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Tuesday, July 27, 2021

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.

After uptick in Jan-Feb, industry power demand comes down by a third
Thu, Apr 09, 2020

Records show that this crash comes after national power demand had seen a pick-up in January and February after four continuous months of decline at the end of calendar year 2019.

Lighting lamps at 9 pm: Some anxious moments, but grid holds up
Mon, Apr 06, 2020

While there was never really a point during the entire episode that seriously threatened the the grid’s operations, a point of concern was that frequency drifted steadily upwards over the 9-minute period, and ended at 50.3 hertz at 9.09pm.

Only 30% of power is used for house lights, so switching them off shouldn’t trip the grid… we hope
Mon, Apr 06, 2020

During this 9-minute lights out exercise on Sunday night, up to 10,000-15,000 MW of power demand could to drop suddenly and then come on stream a few minutes later.

Cellphone operators red-flag ‘surveillance’ after Govt wants call records of all users
Wed, Mar 18, 2020

COAI to DoT Secy: Local units asking for CDRs in several states including Delhi with ‘numerous VVIP zones’

Donald Trump’s visit will push move to set up six nuclear reactors
Mon, Feb 24, 2020

The emergence of a viable proposal would set the stage for a commercial agreement to be initialled with Westinghouse Electric, which would pave the way for commencement of work on the project in coastal Andhra Pradesh.

RBI Governor Shaktikanta Das: Focus on growth intact, will not let NBFCs collapse
Wed, Feb 19, 2020

Asserting that the central bank has the space for independence and autonomy, RBI Governor Shaktikant Das said all decisions taken in the last year “are our own objective, independent decisions”.

Shaktikanta Das: ‘If opinions differ… better I address govt directly, internally… focus only on outcome’
Wed, Feb 19, 2020

RBI Governor Shaktikanta Das underlined the central bank’s focus on growth and financial stability, its relationship with the government and the challenge in sustaining the first trickle of positive numbers.

State discoms’ large dues spark NPA fears in renewable energy
Mon, Feb 17, 2020

The power sector accounts for almost half the credit to the infrastructure sector, with the telecom sector coming in second. In the power sector, the renewable energy sector witnessed significant FDI inflows of $3.22 billion over the last four years.

Red flags by data panel chief Pronab Sen: ‘Mistrust, attacks may contaminate economic data for next 10 years’
Thu, Feb 13, 2020

The survey system is already in “deep trouble” and given the increasing instances of such attacks, conducting household surveys with the Census as the frame would be “very tough” going ahead, said Pronab Sen.

‘EVs are imminent as they are a better promise than the internal combustion engine’: Shailesh Chandra
Sun, Feb 09, 2020

Shailesh Chandra, president, electric mobility business & corporate strategy at Tata Motors, tells The Indian Express electric vehicle future is imminent and he would go with an aggressive portfolio of products.

Beginning second half, we may slowly start to get back to normal growth path: Hyundai CEO Seon Seob Kim
Thu, Feb 06, 2020

While the company already has its EV rolled out in the market, he said that Hyundai may introduce its mass market EV over the next 2-3 years and that their EV vision is in line with that of the government.

Auto Expo 2020: Concept cars rule as slowdown puts brake on launches; electric mobility takes a backseat
Thu, Feb 06, 2020

The biennial event, billed as Asia’s biggest automotive expo in terms of footfalls, was also testament to the sobering realisation that the Centre’s electric mobility push is floundering

Since FY15, banks write off Rs 6.66 lakh crore, over twice the amount infused by govt in PSBs
Tue, Feb 04, 2020

To put the write-offs in perspective, this number is well over twice the Rs 3.13 lakh crore infused by the government in PSBs since April 2014 to recapitalise them.

Union Budget 2020-21: Little room to spend, Govt plays safe on fisc, banks on demand
Sun, Feb 02, 2020

Union Budget 2020-21, presented by Finance Minister Nirmala Sitharaman Saturday, carried a visible imprint of the Prime Minister’s fiscal conservatism, inasmuch as it kept a tight leash on expenditure, tacitly admitting there was little headroom for higher spending.

Union Budget Explained: Boosting consumption by leaving people with higher disposable incomes is the key strategy
Sat, Feb 01, 2020

Union Budget important points Explained, highlights: Here's an explanation and analysis of the Budget presented by Finance Minister Nirmala Sitharaman in Parliament today.

Kunal Kamra ban: AirAsia and Vistara put process above Hardeep Singh Puri’s tweet
Sat, Feb 01, 2020

Vistara and AirAsia India stood out among half a dozen national airlines and refraining from acting hastily on the Kamra incident while IndiGo, Air India, SpiceJet and GoAir banned him from taking their flights.

Pronab Sen: ‘Corporate tax cut was a bad idea … personal I-T cuts will send us further into trouble’
Thu, Jan 30, 2020

Sen said the deficit’s understatement by at least 2 percentage points has resulted in the central government’s debt being passed on to balance sheets of state governments and the PSUs among others.

New sales strategy to ride out downturn: Premium products in stripped-down versions
Tue, Jan 28, 2020

From cars & two-wheelers to durable and fast-moving consumer goods.

Ex-Chief Statistician Pronab Sen: For data credibility, need to fix calendar for its release
Fri, Jan 24, 2020

As of now, the government does have a calender for release of data sets such as national accounts, Index of Industrial Production and inflation. But there are no specific timeline for release of labour force statistics and consumption expenditure surveys.

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.