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About 37 results for "arun ghosh"

Highlights of the Union Budget 2018-19
Rediff.com

Highlights of the Union Budget 2018-19

Finance Minister Arun Jaitley presents the Budget for 2018-19 in Parliament on Thursday. Illustration: Uttam Ghosh/Rediff.com Following are the highlights of his speech: No change in personal income tax slabs and rates; Surcharge of 10% on income above Rs 50 lakh but less than Rs 1 cr, 15% on income above Rs 1 cr to continue; Standard Deduction returns after a decade; Rs 40,000 to be allowed in lieu of transport allowance and medical expenses; Economic growth pegged at 7.2-7.5% for H2 FY18; ... Rediff.com, 2 months ago
How India talked about the budget on Twitter Rediff.com, 2 months ago
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Cash crunch: Deposits drop, money movement totters

Many PSBs are in the process of rationalisation of ATMs Illustration: Uttam Ghosh/Rediff.com In Kottayam, a housewife received an email communiqué from Corporation Bank, a Karnataka-based public sector bank (PSB), that due to server issues, all automated teller machines (ATMs) are ‘down’ and debit card transactions were getting declined.   “Customers can come to the branch with cheque and withdraw cash for the time being,” it said. After finishing his work ...
 Rediff.com4 days ago Cash crunch: Jaitley tries to soothe frayed nerves  Rediff.com1 week ago
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EMIs shouldn't exceed 35% of net income

Also build a contingency fund equal to 9 to 12 months of expenses, experts tell Sanjay Kumar Singh. Illustration: Uttam Ghosh/Rediff.com Self-employed borrowers have been borrowing more from housing finance companies (HFCs) in recent times due to convenience. But loans to this segment have also been going bad at a faster clip. While the self-employed should take advantage of lenders' willingness to give them housing loans, they should also take precautions to ensure that they don't ...
 Rediff.com3 days ago
Rediff.com

How govt plans to meet divestment target

Pawan Hans, Dredging Corp on list to meet target of Rs 800 bn for 2018-19 Illustration: Uttam Ghosh/Rediff.com The Centre is planning privatisation, or strategic sale, of a number of state-owned companies and properties to meet its budgeted target of Rs 80,000 crore for 2018-19.   Apart from the marquee brand, Air India, work is underway to sell-off stake in Pawan Hans, Dredging Corp, HLL Lifecare and Indian Medicines Pharmaceutical Corporation Limited (IMPCL), among others, said the ...
 Rediff.com2 months ago
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Bloodbath on the bourses: Sensex crashes 840 points

Investors saw a wealth erosion of more than Rs 4.5 lakh crore as stocks went into a free-fall. Illustration: Uttam Ghosh/Rediff.com Benchmark Sensex suffered its worst rout in more than two years on Friday as the Budget proposals on taxing equities torpedoed investor sentiment.   The 30-share index plummeted 840 points -- its biggest single-day slump since August 24, 2015 -- while the broader NSE Nifty tanked over 250 points to finish below the 10,800-mark. Investors saw a wealth erosion ...
 Rediff.com2 months ago
Rediff.com

Jaitley gives Rs 40,000 standard deduction to the salaried

Experts, however, said that it is a very nominal benefit to the salaried class. Illustration: Uttam Ghosh/Rediff.com Giving a relief to salaried class, Finance Minister Arun Jaitley on Thursday proposed a standard deduction of Rs 40,000 in lieu of transport allowance and medical reimbursement entailing a revenue sacrifice of Rs 8,000 crore.   The minister, however, did not propose any change in the tax slabs or rates for individual taxpayers. "In order to provide relief to salaried ...
 Rediff.com2 months ago

Eminent academics open letter to the Prime Minister of India on the Kathua and Unnao rape cases

Hundreds of eminent academics have written an open letter to the Prime Minister of India Narendra Modi . The academics have directly said that Modi's statements on the recent Kathua and Unnao rape cases had been "wholly inadequate, platitudinous, and ...
 catchnews.com6 hours ago Academicians slam Modi's 'prolonged silence' on Kathua, Unnao rape cases  Sify2 days ago
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Must we choose between democracy and vikas?

'A dangerous and false binary is now surfacing in Indian political discourse, which must be firmly rejected.''It is that we have to choose between freedom and development.' 'For us freedom is neither merely an instrument for development nor to be subordinated to development.''It is, as our founding fathers proclaimed early in our freedom struggle, 'our birthright' on which we shall never compromise.''Growth, wealth and development are fruits of democracy, not substitutes.'Dr Manmohan Singh's ...
 Rediff.com1 week ago
Rediff.com

Sports Shorts: Anish wins India's 3rd individual gold in Jr. World Cup

 A summary of sports events and sports persons, who made news on Monday IMAGE: India's Anish Bhanwala on the podium with his gold medal at the ISSF Junior Shooting championships in Sydney on Monday. Photograph: ISSF/Twitter Rising shooter Anish Bhanwala secured India a third individual gold medal at the ISSF Junior World Cup when the 15-year-old finished atop the podium in the men's 25m rapid fire pistol in Sydney on Monday.   Having qualified for the final with the highest score, ...
 Rediff.com4 weeks ago
Rediff.com

How best to restore India's toxic banks to health

The government must set up a Bank Investment Company to shrink its role in PSBs, if we are serious about tackling the two persistent issues -- lax corporate governance practices and discretionary decision-making, says Shyamal Majumdar. Illustration: Uttam Ghosh/Rediff.com Everybody’s favourite topic these days is the need to privatise public sector banks (PSBs), especially after the scam at Punjab National Bank (PNB).   Will the government listen to the chorus? It did not in ...
 Rediff.com1 month ago
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