In the second of a four-part series, Shashikant Trivedi/Business Standard checks out the currency press in Dewas, Madhya Pradesh, to find target-based allowances have increased the monthly salary of employees from Rs 10,000 to Rs 30,000, at a time when currency notes are being printed 24x7. Part 1: When did printing of Rs 2,000 notes actually begin? The Dewas mint is looking at a target of at least 18 million pieces of the new 500 denomination notes per day soon. Photograph: PTI Photo. Like ... Rediff.com, 1 day ago
Between May 26, 2014, when Narendra Modi became the 14th prime minister of India, and December 5, 2016, 39 of the 137 mid-cap stocks from the BSE Midcap and Nifty Midcap indices have surged between 100% and 338%. Of these, five stocks -- Havells, NCC, Suzlon, Blue Star and Crompton Greaves -- look the most attractive after the recent course correction. Hamsini Karthik/Business Standard finds out the reason behind their success. IMAGE: Ffocused effort to reduce debt and improve core competence ...Rediff.com, 3 days ago
The concept of gold as an asset capable of getting anytime money is evaporating. Gold has traditionally been considered this country’s most liquid asset -- at any time, people were prepared to give cash against it. After the demonetisation, that has changed. Scrap gold dealers appear to be gradually shifting to cheque payment or net banking fund transfer. And, customers are not ready for this -- selling against cheque means it shows in the account book and long-term capital gains tax is ...Rediff.com, 2 weeks ago
C-Bag or to use his full name Chetan Bhagat is one of the most enigmatic people in modern India. The most read English author in the country, he manages to evoke extreme emotions among people. Some think he should never be allowed to write again, yet others ...DNA, 1 month ago
It is willing to let go of its budgetary independence and restructure its companies in order to make itself more viable commercially and less important politically, says Jyoti Mukul. If the government decides to merge the Railway Budget with the General Budget, create a holding company for Railway’s public sector units and carry on with off-budget revisions in freight and passenger fares, the policy paradigm within which the Indian Railways functions will completely change in less than ...Rediff.com, 2 months ago
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