Somesh Jha

All stories by Somesh Jha

Doubts resurface over govt's jobs data, as EPFO cuts payroll numbers

Doubts resurface over govt's jobs data, as EPFO cuts payroll numbers

Rediff.com21 Aug 2018

The payroll data has been revised downwards for each of the nine months between September 2017 and May this year

'We are focusing on fintech solutions and innovations': NSE chief

'We are focusing on fintech solutions and innovations': NSE chief

Rediff.com16 Aug 2018

On the occasion of the National Stock Exchange's (NSE's) silver jubilee celebration, its MD and CEO Vikram Limaye, bottom, left, spoke to Somesh Jha to discuss the way forward and how the exchange plans to deal with the present set of issues.

Data protection bill allows scribes to collect personal info

Data protection bill allows scribes to collect personal info

Rediff.com31 Jul 2018

Journalists will be exempted from seeking consent of individuals before collecting and reviewing their personal data to be used in news reports.

If govt has its way your take-home pay may decline

If govt has its way your take-home pay may decline

Rediff.com21 Jun 2018

While some trade union leaders have welcomed the move, industry has opposed it, fearing an increase in its wage bill

If EPFO has its way, you will be allowed to withdraw only 60% of PF

If EPFO has its way, you will be allowed to withdraw only 60% of PF

Rediff.com19 Jun 2018

The objective behind the move is to "retain the membership of PF subscribers and to address the social security needs at the time of unemployment."

Goyal to meet heads of 6 govt banks on Tuesday

Goyal to meet heads of 6 govt banks on Tuesday

Rediff.com16 Jun 2018

The meeting is expected to chart a road map for cleaning up their balance sheets and boost credit flows, reports Somesh Jha.

PNB eyes Rs 5,500 crore net profit in Q2

PNB eyes Rs 5,500 crore net profit in Q2

Rediff.com11 Jun 2018

However, the road to profitability has already hit some hurdles for the Delhi-based bank as the Union government has rejected its demand for an additional capital infusion of around Rs 8,000 crore in 2018-19

Retrospective benefits on gratuity not on the cards

Retrospective benefits on gratuity not on the cards

Rediff.com7 Jun 2018

The law was amended to bring parity between public and private sector employees (including PSUs) after the gratuity limit was raised for central government on similar lines

2-day bank strike from Wednesday

2-day bank strike from Wednesday

Rediff.com29 May 2018

About 1 million bank officers are expected to participate in the strike on May 30 and May 31

Why some CEOs may be asked to paint walls or clean public spaces

Why some CEOs may be asked to paint walls or clean public spaces

Rediff.com16 May 2018

Some of the violations that will lead to community service include failure to pay social security contribution of workers, maintain records, furnish information to inspectors, pay gratuity to workers, provide crche facility and medical pay, and retrenching women workers during maternity leave.

Lok Ranjan, govt's nominee on ICICI board, transferred

Lok Ranjan, govt's nominee on ICICI board, transferred

Rediff.com11 May 2018

Ranjan was nominated to the board of ICICI Bank on April 7

Govt planning monthly payroll data in place of quarterly job surveys

Govt planning monthly payroll data in place of quarterly job surveys

Rediff.com29 Apr 2018

The Prime Minister's Office has decided to set up a panel, led by former chief statistician T C A Anant, to deliberate on whether the enterprise-level quarterly data, which is released by the labour bureau, should be discontinued.

90,000 ATMs across India will soon dispense Rs 200 notes

90,000 ATMs across India will soon dispense Rs 200 notes

Rediff.com24 Apr 2018

About 200,000 ATMs can dispense the new series of Rs 500 notes

Labour reforms move a step ahead; outsiders can now become TU leaders

Labour reforms move a step ahead; outsiders can now become TU leaders

Rediff.com24 Apr 2018

The Centre has, however, retained its proposal to curb flash strikes as workers in all factories will be required to give employers a strike notice of at least two weeks after the Bill becomes a law.

States with dry ATMs received highest share of currency notes in 2017-18

States with dry ATMs received highest share of currency notes in 2017-18

Rediff.com20 Apr 2018

An RBI official said the supply of currency was adequate in the states facing a crunch at ATMs but the logistic issues led to the present situation

Cash crunch: Suspected hoarding of Rs 2,000 notes to be probed

Cash crunch: Suspected hoarding of Rs 2,000 notes to be probed

Rediff.com19 Apr 2018

The rate of cash withdrawals over deposits was almost double in Uttar Pradesh, Andhra Pradesh and Telangana, according to the latest analysis submitted by the RBI to the finance ministry.

Compulsory annual health checks proposed for workers

Compulsory annual health checks proposed for workers

Rediff.com4 Apr 2018

This will help employers keep a track of the diseases workers could suffer from while doing their jobs.

PNB may be allowed to spread fraud losses over 4 quarters

PNB may be allowed to spread fraud losses over 4 quarters

Rediff.com28 Mar 2018

With the entire fraud amount becoming a non-performing asset, around 25 per cent of the bank's estimated net worth of Rs 40,000 crore could be affected.

Honoured all LoUs during 2011-16: PNB to FinMin

Honoured all LoUs during 2011-16: PNB to FinMin

Rediff.com22 Mar 2018

The bank also issued 234 LoUs worth Rs 1,880 crore to another group of companies promoted by Mehul Choksi in 2015 and 2016

India Inc will find it difficult to raise loans above Rs 250 cr from PSBs

India Inc will find it difficult to raise loans above Rs 250 cr from PSBs

Rediff.com16 Mar 2018

Public sector banks have decided to improve their risk-management systems

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