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Budget 2019: Social services sector gets major boost

A sum of Rs 29,000 crore has been set aside for the Women and Child Development Ministry for 2019-20, a 17 per cent increase, with the social services sector getting a major boost in the Budget.......

11 schemes that may have won Modi the 2019 election

Syed Firdaus Ashraf/Rediff.com lists 11 Modi flagship schemes that may have been gamechangers in the Lok Sabha election. IMAGE: Prime Minister Narendra Damodardas Modi with Bharatiya Janata Party......

Modi doesn't want voters to remember Vikas

Modi isn't going to voters on his track record, but on the fear of the terrorist across the border and the Muslims within.It's a battle on his terms, says Shekhar Gupta.Illustration: Uttam......

What Modi said in Lok Sabha on jobs, Rafale, grand alliance

'People do not want a 'maha milavat' (highly adulterated) government of those who assembled in Kolkata.''Congress had left the Army handicapped. It was not in a position to carry out surgical......

'You have to do good politics'

'You have to do good work and also do good politics.''I think that part was missing, communication was an issue, but we have bridged that gap.' IMAGE: Rajasthan Chief Minister Vasundhara Raje.......

Now is the time to focus on mid and small-caps

Long-term investors should consider moving into smaller stocks.Rather than try to pick stocks, it makes sense to build a diversified portfolio by exposure across midcap and small caps funds,......

7 ways India can improve its investment climate

'From the investor's point of view, a real change would happen only when business environment in all our states qualitatively improves,' says NITI Aayog Vice-Chairman Rajiv Kumar. Illustration:......

Deed done, now to make mega bank merger work

'We can’t have the best of both worlds -- large, efficient, world class government-owned banks, doing social banking and making profits. 'Why not set them free from the shackles of such......

Going around in circles with Nirmala Sitharaman

A Ganesh Nadar/Rediff.com attends the finance minister's presser in Chennai to tom-tom the government's achievements in its first 100 days in office. IMAGE: Finance Minister Nirmala Sitharaman at......

Jan-Dhan Yojana: Most customers have no clue what to do with it

The Jan-Dhan accounts are zero balance accounts, comes with a life cover of Rs 30,000 per person, and an accidental cover of Rs 100,000. An active user of the account can also get overdraft......
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Banks sanction ₹40,000 crore in last two months

No man's land: Dalit women in Maharashtra take on patriarchy, casteist forces to claim cultivation rights ...

https://www.thehindubusinessline.com/money-and-banking/mudra-loans-banks-sanction-40000-crore-in-last-two-months/article30676814.ece
Now is the time to focus on mid and small-caps

Long-term investors should consider moving into smaller stocks.Rather than try to pick stocks, it makes sense to build a diversified portfolio by... ...

http://www.rediff.com/money/report/now-is-the-time-to-focus-on-mid-and-small-caps/20200113.htm
Banks not keen to lend big to small businesses

MUMBAI: Bank lending to India’s micro, small and medium enterprises (MSMEs) shrank from a year earlier as well as the beginning of FY20, despite... ...

https://economictimes.indiatimes.com/industry/banking/finance/banking/banks-not-keen-to-lend-big-to-small-businesses/articleshow/73063382.cms
Bad Loans Under Mudra Scheme On A Rise, Reveals RTI

The data, accessed through RTI pleas, also reveals that State Bank of India and Bank of India wrote off loans worth Rs 125 crore in the last four... ...

https://www.news18.com/news/india/bad-loans-under-mudra-scheme-on-a-rise-reveals-rti-2441243.html
PSBs vs. private banks

Owing to high level of NPAs, concerns have been raised over Mudra becoming the source for next bad loan crisis. By Saloni Shukla , ET Bureau |... ...

https://economictimes.indiatimes.com/industry/banking/finance/banking/performance-on-mudra-loans-psbs-vs-private-banks/articleshow/72862296.cms

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