आर्थिक – Page 33 – Dialogue India (डायलॉग इंडिया): Latest And Breaking Hindi News Headlines, News In Hindi

Apr182019 by Dialogue IndiaNo Comments

Surplus capacity of coin-mints forcing unwanted coins: Coin-export should be propagated

It refers to media-reports about huge nine-billion stock of coins presently held by Reserve Bank of India RBI because of plenty surplus coins already in circulation. Problem is going to be further mounted with pending indent of 3400 million coins for the year 2019-20 which is just one-third capacity of government-mints for producing coins. RBI-indents to Security and Printing Mills Company Limited SPMCIL for unwanted and forced-on-public coins are 8700 million coins for the year 2020-21 and 9800 million coins for the year 2021-22 which is likely to further add up to big problem to faced by public with unpopular coin-denominations of rupees 10 and 20 to be forced to tear up pockets and purses in years to come. This is all due to faulty planning when suddenly capacity of mints is increase...

Apr132019 by Dialogue IndiaNo Comments

Bank of Baroda should introduce seven-day per week working after merger of Dena Bank and Vijaya Bank with reduced number of branches

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Bank of Baroda should initiate process of merging nearby small branches of erstwhile Dena Bank and Vijaya Bank into the nearing bigger branch after merger on 01.04.2019 for a drastic cut in useless overheads, rent, salaries and other expenses. Surplus staff available after reduction of number of branches should be better utilised for unique seven-day per week working without any weekly or public holiday by providing two weekly-offs by rotation or by mutual consent amongst employees with bank-services taken as essential services like air, road or rail travel. Already some small private banks have started giving such seven-day per week banking. Thereafter even two-shift banking from 8 am to 8 pm can be started initially in select branches. Such a unique initiative will make public rush to...

Apr122019 by Dialogue IndiaNo Comments

New Income Tax Return forms to focus on tax-free agricultural income

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By seeking more details about presently tax-free agricultural income in newly introduced Income-Tax-Return ITR forms like name of district with PIN-code, area of agricultural land and irrigation-details etc., Central Board of Direct Taxes CBDT has indicated confession about large-scale misuse of tax-free agricultural-income by ultra-rich persons including politicians and celebrities in all fields including from film-industry and leading sports-persons. But even providing such details as sought in newly introduced ITR forms, misuse of tax-free provision of agricultural income by ultra-rich non-farmers cannot be stopped. These persons will declare their lavish farm-houses as agricultural land even though these farm-houses are in fact used as lavish resorts for week-ends and holding partie...

Apr52019 by Dialogue IndiaNo Comments

BSNL under heavy losses not paying salaries now planning VRS: Why not wind up BSNL

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It is a matter of concern that public-sector BSNL is running under heavy losses now planning for VSNL of its employees after public-sector company failed to pay regular salaries to its staff. It is surprising that while private players like JIO are earning profits even after offering economical tariffs, BSNL is not able to retain or increase its client-base thus turning BSNL as a loss-generating company for public-exchequer. BSNL should be better wound up like some very popular public-sector companies of earlier times HMT and IDPL. Central government should also study how public-sector companies run at heavy losses to the tune of their winding-up while shares of private companies in the same field witness regular jumps indicating heavy profits. Rather public-sector companies with all go...

Apr52019 by Dialogue IndiaNo Comments

Ten-fold jump of stop-filers of Income Tax returns in year of demonetisation

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Media-reports about number of stop-filers of Income-Tax returns jumping 10-fold to 88.04 lakhs in the fiscal-year 2016-17 of demonetisation as compared to 8.56 lakhs in the previous year 2015-16 highest in last tow decades is just contrast to success-claim for of demonetisation citing addition of 1.06 crores new tax-payers in the year 2016-17 which was 25-percent higher as compared to the previous year 2015-16. It is also noteworthy that target of direct-tax collection for recently closed fiscal-year 2018-19 could not be collected despite best of last-days efforts of Central Board of Direct Taxes CBDT. It creates doubts about downfall in trade-activities and fall in number of jobs which is certainly a cause of worry for fiscal-system. Another notable feature is 19.14 percent rise in cu...

Apr52019 by Dialogue IndiaNo Comments

Steep and continuous rise in Sensex

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It refers to continuous steep rise in Sensex already touched record-high of about 39000 and not yet over, started from just 100 in the year 1979. An investment of rupees one lakh in the year 1979 if made and regulated carefully and wisely could have resulted in rupees 3.9 crores now on 40th anniversary of Sensex in India. While at one hand, such rise in Sensex is a positive index of industrial growth, but on the other hand there is always fear of bursting of such blown-up balloon of Sensex like happened in case of property. While investors in property for multiplying investments were affording rich, investment in shares is done by even ordinary middle-class people who may not be able to bear any possible steep fall in Sensex. Such regular steep rise of Sensex indicates extra-ordinary...

Apr12019 by Dialogue IndiaNo Comments

Central government should study of abnormal heavy discounts on on-line sale

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Multi-page super-costly advertisements are usually seen in leading newspapers offering extra-ordinary heavy discounts on popular-branded electrical and electronics items. Even extra heavy discount is added if items are purchased through credit-cards issued by some specific banks. Discussion with dealers all over the capital city of Delhi investing hugely for trade of these items revealed that companies sell all their obsolete models and returned items after claim lodged by consumers through such on-line sale. If it is really so, then all such media-publicity should be directed to compulsorily boldly mention about such bitter reality. Obsolete models and returned items on claim can then also be sold through dealer-network abolishing warranty-conditions and clearly mentioned on items and ...

Mar312019 by Dialogue IndiaNo Comments

Central government should regulate pricing of printer-cartridges of computers and standardise for drastic cut in prices

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Newspaper-advertisements have appeared wherein a leading multinational brand has come out with original ink-cartridges for its laser-printers available at just rupees 846 MRP with average print-cost for a paper-sheet just 33 paise using original cartridge. But the largest-selling multi-national company of computer-printers in Indian market Hewlett-Packard HP has still Maximum-Retail-Price printed on ink-cartridges exorbitantly high even though its original cartridges available in wholesale markets of Nehru place and Nai Sarak in Delhi at much-much less than printed MRP. Even wholesale price for its ink-cartridges of laser-printers remains much higher around rupees 3000 making some Indian manufacturers marketing re-filled cartridges at around rupees 700 or so. Even re-fill can be done at...

Mar232019 by Dialogue IndiaNo Comments

IDBI Bank to be considered as private bank after LIC of India gets 51-percent stake?

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It refers to media-reports that public-sector IDBI Bank will be considered as a private-sector bank after public-sector LIC of India gets 51-perecent controlling stake in IDBI Bank. Undoubtedly IDBI Bank till now was not listed amongst other public-sector banks because earlier it was a government-owned Financial Institution and thus a public-authority. Also LIC of India as public-sector autonomous body has its own style of professional functioning. There are also reports that the bank will be named as LIC IDBI Bank. Confusion must not be created about IDBI Bank under control of LIC of India to be a private bank. The bank should be categorised as premium public-sector bank which may provide fancy banking on lines of private-sector banks with higher service-charges but with five-starred f...

Mar232019 by Dialogue IndiaNo Comments

Standardize consumables in car-industry

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Union government should induce standardization of common accessories like tyres and batteries so that same parts may be used in different models of cars produced by various car-manufacturers. It will heavily bring down cost of consumables through their bumper production in extra large numbers in some limited sizes and specifications. It can be achieved by merging some nearing sizes and specifications. Such guidelines though also mentioned in auto-policy of Union government, are never followed in actual practice. Too many variants of any car-model confuse customers. There may be just two variants apart from the third with automatic gears, one basic Lx for economy customers and the other Vx with all company-fitted extra accessories and luxuries for affording customers. There is no sense in ...