Sindhu Bhattacharya

Rising Oil Prices Not Just Hurting the Aam Aadmi, It's Hitting the Economy Too

Since more than three fourths of India’s oil demand is met through imports, rising consumption of petroleum products amid a price spike has raised our overall import bill and thereby also worsened the trade deficit....
Sindhu Bhattacharya-April 23, 2018,2:56 pm IST Opinion
Cash Crunch: Demonetisation Return Fears Unfounded But Broken Faith in Banking System Needs Healing

Indians’ trust in its banking system was already shaken and the RBI’s recent actions do not inspire much faith. Not only currency woes, we have also seen some of the biggest banking frauds come to light over the last few months – with no clear reason why and how they were allowed to inflate under the eyes of the government and RBI. ...
Sindhu Bhattacharya-April 19, 2018,3:21 pm IST Opinion
The RSS Obsession With Things 'Indian': What Does it Mean for Air India Disinvestment

The RSS has not opposed the sale, unlike unions and others, but by insisting on the airline ownership remaining with Indians, it has surely confused everyone...
Sindhu Bhattacharya-April 17, 2018,2:59 pm IST Business
Why Railways Needs to Extend Flexi Fares Scheme and Not Opt for Frequent Tweaks

The railways has seen stringent criticism from several quarters for introducing flexi fares in premium trains despite limited impact of such a fare structure and its success in generating additional revenue....
Sindhu Bhattacharya-March 27, 2018,12:30 pm IST India
India's Infrastructure Woes: Every Third Rajdhani Delayed, Every Second Flight From Mumbai Delayed

The figures gleaned from official data, underline an infrastructure emergency, which is not getting addressed fast enough. Our Rail tracks, airports and roads are choked beyond capacity and there’s little relief in sight....
Sindhu Bhattacharya-March 21, 2018,9:54 am IST Opinion
India Though a Power Surplus Nation Now, is Still Not Out of the Dark Completely

India is now generating surplus power and has moved from being a country perennially short on power to one which generates adequate amounts not just for domestic consumption but also for exports...
Sindhu Bhattacharya-March 17, 2018,12:37 pm IST India
Privatisation May Not be the Panacea for All Ills Plaguing Public Sector Banks

CII has said the first step should be for the government to reduce its stake to 52% and then devise a roadmap to bring down its stake in PSU banks to 33% in three to four years....
Sindhu Bhattacharya-February 26, 2018,3:19 pm IST Opinion
PNB Fraud: It’s Time Government Tightens Monitoring of State-Run Banks

Not just PNB, other state owned banks are also witness to frauds. And, this is proved by publicly available data. In fact, the big daddy of India’s banking system, State Bank of India (SBI), is far ahead of PNB in terms of total cases of fraud reported in three years from 2014-15 to 2016-17....
Sindhu Bhattacharya-February 17, 2018,8:27 am IST Opinion
Punjab National Bank Fraud: Last Nail in The Coffin for Depositors

In July last year, Minister of State for Finance, Santosh Kumar Gangawar, shared deeply disturbing figures of amounts under fraud at various public sector banks. Is it any surprise that PNB topped the list – it had the largest amount under fraud – in 2016-17 at Rs 2808.27 crore. That averages to Rs 7.7 crore every single day of the year. The amount that PNB said was under fraud was bigger than even that declared by the country’s largest bank, State Bank of India. The amount involved under all frauds at SBI was Rs 2422.37 crore....
Sindhu Bhattacharya-February 15, 2018,2:02 pm IST Opinion
Salaried-class Feel Utterly Left Out of FM Arun Jaitley's Budget Speech

The country’s poor got 21 mentions but the salaried-class – those who diligently pay taxes – were mentioned just seven times....
Sindhu Bhattacharya-February 2, 2018,7:35 am IST India
Why the Long-term Capital Gains Tax on Shares is Not as Bad as it Looks

The 10% levy on long-term capital gains is in addition to the Securities Transaction Tax (STT) applicable to any share sale whether in the market or through mutual funds....
Sindhu Bhattacharya-February 1, 2018,3:32 pm IST Business
Economic Survey Paints Rosy Image of Economy, But Also Points to Trouble Lying Ahead

The doomsday predictions by the opposition of huge decline in economic growth, large scale joblessness and scary price rise – none of these seem to have come true, according to the Economic Survey. ...
Sindhu Bhattacharya-January 30, 2018,7:59 am IST Business
Opinion | MPs and Their Litany of Complaints Against Airlines

It is interesting that apart from raising the issue of exorbitant last minute fares, the MPs did not hesitate to spend time on advising airlines to train their staff in courteous behavior. ...
Sindhu Bhattacharya-January 9, 2018,5:04 pm IST India
Think India: Narendra Modi to kick off debate on role of government

Think India has invited Gujarat Chief Minister Narendra Modi to talk of the need for less government, and better governance....
Sindhu Bhattacharya-April 4, 2013,3:13 pm IST India

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23 Apr, 2018 | Indian Premier League

KXIP vs DD

143/8
20.0 overs
139/8
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Kings XI Punjab beat Delhi Daredevils by 4 runs

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22 Apr, 2018 | Indian Premier League

MI vs RR

167/7
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168/7
19.4 overs

Rajasthan Royals beat Mumbai Indians by 3 wickets

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22 Apr, 2018 | Indian Premier League

CSK vs SRH

182/3
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178/6
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Chennai Super Kings beat Sunrisers Hyderabad by 4 runs

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21 Apr, 2018 | Indian Premier League

DD vs RCB

174/5
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176/4
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Royal Challengers Bangalore beat Delhi Daredevils by 6 wickets

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21 Apr, 2018 | Indian Premier League

KKR vs KXIP

191/7
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126/1
11.1 overs

Kings XI Punjab beat Kolkata Knight Riders by 9 wickets (D/L method)

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