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Sunny Verma
Sunny Verma is a Senior Assistant Editor with The Indian Express and writes on economy and finance.
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More From Sunny Verma - Page 26
Niti Aayog’s Appraisal of the Twelfth Five Year Plan: Low manufacturing growth holds back job creationSubscriber Only
August 01, 2017 00:46 IST
Higher focus on capital-intensive and high-skilled sectors in India has led to fast growth only in segments such as automobile and telecom which do not employ low-skilled workers; as a result of this, vast majority of workers remain concentrated in agriculture and unorganised sectors
Tue, Aug 01, 2017
Benami Transactions: Government provisionally attaches properties in 233 casesSubscriber Only
July 31, 2017 01:30 IST
Government data show that while the value of attached properties is Rs 813 crore, those attached in Kolkata region alone accounted for Rs 477 crore or more than 58 per cent of the value of benami properties under provisional attachment.
Mon, Jul 31, 2017
Govt suggests RBI to freeze accounts of defaulting firmsSubscriber Only
July 29, 2017 01:57 IST
The Reserve Bank says it has no powers to freeze such accounts currently
Sat, Jul 29, 2017
At employment exchanges, rise in applications but less than 1% get jobsSubscriber Only
July 26, 2017 05:30 IST
While Gujarat comes on top in terms of providing placement through exchanges, it isn’t the top state when it comes to the number of job-seekers. That’s Tamil Nadu with more than 80 lakh registrations with employment exchanges in first nine months of 2015, as against Gujarat which had only 6.88 lakh registrations.
Wed, Jul 26, 2017
Twelfth Five Year Plan: On weak economy, infrastructure investment projected to decline sharplySubscriber Only
July 26, 2017 01:22 IST
The Central government and states’ investment in infrastructure sectors put together is estimated at 88% of their original Plan estimates
Wed, Jul 26, 2017
10-year review of PSU banks’ equity return: Profitability fails to keep pace with govt capital infusionSubscriber Only
July 25, 2017 02:52 IST
Profits deteriorated sharply in the last two years as NPAs spiked and the RBI-mandated asset quality review forced them to make higher disclosures of non-performing loans.
Tue, Jul 25, 2017
‘Clear case of organisation form or legal form abuse, without reasonable business purpose’Subscriber Only
July 19, 2017 01:55 IST
I-T demand of tax on $150 million investment in NDTV
Wed, Jul 19, 2017
Proceedings under IBC: Bankruptcy filing picks up to deal with mounting bad loansSubscriber Only
July 18, 2017 03:12 IST
The number of cases under the Insolvency and Bankruptcy Code 2016 went up to 87 in June, compared with 7 in January. On a quarterly basis, 202 cases were admitted in April-June as against 35 in January-March, as per data from NCLT benches
Tue, Jul 18, 2017
Non-Performing Assets: Loan stress in infrastructure may wipe out banks’ entire profits, says RBISubscriber Only
July 12, 2017 01:29 IST
‘Most severe shock of 15% of restructured standard advances and 10% of standard advances becoming NPAs will eliminate banks’ profits for 2016-17’
Wed, Jul 12, 2017
Delhi, Hyderabad account for a third of de-registered firmsSubscriber Only
July 10, 2017 00:57 IST
On July 1, at the ICAI event, the PM said that while transactions of more than 3 lakh companies were under the radar of suspicion post demonetisation, he said that “one lakh companies were struck off the list by the stroke of a pen.
Mon, Jul 10, 2017
Home loan firms want lock-in period before balance transferSubscriber Only
July 07, 2017 04:33 IST
Those in favour of imposing a lock-in period say it is creating unnecessary churn within the industry, with the beneficiaries being agents and brokers who earn a fee on the same.
Fri, Jul 07, 2017
Caution key for investors amid surge in IPOsSubscriber Only
July 07, 2017 03:14 IST
The recent spurt in IPO listings has given retail investors a variety of choices, but experts suggest them to be selective and not lose focus on listed stocks
Fri, Jul 07, 2017
Two years of Mudra: Gains for small business, but new players struggle amid fears of NPA riseSubscriber Only
July 04, 2017 02:12 IST
While small businesses appear to be benefiting from the Mudra scheme, the absence of a transaction history acts as a major impediment for new borrowers
Tue, Jul 04, 2017
For upstream companies: Exemption of petro products from GST to push up cost of productionSubscriber Only
June 30, 2017 03:16 IST
One of the reasons petroleum products such as crude oil, natural gas are not part of the GST is the reluctance on part of the states and the Centre to share this steady stream of revenues from the sector, which is a cash cow for them.
Fri, Jun 30, 2017
Innovation: A smart city that saves an hour a daySubscriber Only
June 24, 2017 00:54 IST
Finland’s citizen-centric Kalasatama project, which gives start-ups a platform for innovation, aims to free up one hour for its residents everyday by offering smart mobility and daily-use apps
Sat, Jun 24, 2017
Meaning GSTIN: PAN-based ID to simplify process, boost collections of indirect taxSubscriber Only
June 22, 2017 00:54 IST
The first two digits of the 15-digit GSTIN represent the state code as per the Census of India, 2011. The next 10 digits are the taxpayer’s PAN. The The thirteenth digit is assigned based on the number of registration within a state. The fourteenth digit is Z by default. The last digit is the check sum digit code.
Thu, Jun 22, 2017
Too hot to fly — why?Subscriber Only
June 21, 2017 01:19 IST
Extreme heat alters the density of air, making it thinner. Thin air prevents generation of required ‘lift’, and makes it more difficult for aircraft to take off. Thus, as it gets hotter, planes need progressively longer runways and greater engine power to reach the speeds needed to become airborne.
Wed, Jun 21, 2017
‘Basic income reduces bureaucratic process’Subscriber Only
June 20, 2017 02:40 IST
The Nordic country is currently collating database of 2,000 unemployed people who are paid tax-free €560 each a month under a two-year universal basic income experiment started in January.
Tue, Jun 20, 2017
Standoff over rates: RBI panel said no to meeting with Finance Ministry before reviewSubscriber Only
June 08, 2017 05:12 IST
Central bank resists, doesn’t cut; Govt says there’s strong case for easing rate
Thu, Jun 08, 2017
Shipping sector cost optimisation: Uptick in capacity addition amid falling expensesSubscriber Only
June 07, 2017 02:03 IST
While FY17 saw capacity addition of 86.59 MT, which is 1.5 times of that added in FY14, the ports spent only Rs 1,196 crore during the period
Wed, Jun 07, 2017
Airlines flying to or from Qatar: UAE asks foreign carriers to seek ‘prior approval’Subscriber Only
June 06, 2017 01:40 IST
Currently, Jet Airways, Air India Express and IndiGo are among the Indian carriers flying to Doha directly.
Tue, Jun 06, 2017
Airports Authority expects to monetise 7,000 acres of landSubscriber Only
June 05, 2017 04:31 IST
The civil aviation ministry has started inter-ministerial consultations on amending the Airports Authority of India Act, 1994, to expand the scope of usage for land owned by the Authority.
Mon, Jun 05, 2017
18 months of infra fund: no foreign investor and not one investmentSubscriber Only
June 03, 2017 05:20 IST
The NIIF was set up with a targeted corpus of Rs 40,000 crore over the years— 49 per cent of this amount to be funded by the government and the remaining to be raised from domestic and global investors, including international pension funds, sovereign wealth funds, among others.
Sat, Jun 03, 2017
Strategic, operational benefits from the merger below expectation: Jayant SinhaSubscriber Only
May 31, 2017 05:25 IST
Minister of State for Civil Aviation Jayant Sinha said Air India and Indian Airlines merger in 2007 did not yield the desired strategic and operational benefits as was expected.
Wed, May 31, 2017
Govt’s Air India revival plan: Disinvestment, privatisation on the tableSubscriber Only
May 31, 2017 05:14 IST
With state-run carrier Air India reeling under financial pressure, the chorus for its disinvestment has off late gained momentum, with Finance Minister Arun Jaitley being the latest to have suggested the same.
Wed, May 31, 2017Journalism of Courage
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