The economic survey for 2020-21 has suggested revision in the weightage of food items to gauge the true picture of inflation in the country, and said new sources of price data also need to be incorporated in the wake of increasing retail e-commerce transactions. As per the survey, the current spike in consumer price-based retail inflation of food prices is mainly a supply-side phenomenon. The survey noted that the weights of all items in retail inflation are based on the NSO household consumption expenditure survey of 2011-12, adding the weight of food items in the index might have significantly decreased over the decade since then.
According to sources close to the development, the government is shortlisting the states where the new IITs and IIMs will be set up. The states will be selected on the basis of their economic and social status.
'Here is hoping that the entirely unintended and unforeseen victims of the coronavirus, the printed papers, emerge safe and unscathed from the affliction,' says Shreekant Sambrani.
Vemuri holds about 400,000 shares in IGATE which, at an offer price of $48 apiece, will give him $19.2 million
Fewer e-commerce companies hired candidates from B-schools this year.
Wadhwani joined the billion-dollar club in 1999, when he sold a venture for $9.3 bn to i2 Technologies.
The study says living in joint families negatively impacted the level of financial knowledge.
'We want to connect unique skills that students have with the unique jobs being created.'
The speed at which he led the central bank in different areas -- ranging from internal reorganisation to inflation fighting, stabilising the currency, taking on rogue corporations, cleaning up bank balance sheets, and opening the sector -- makes one believe that Rajan knew he had only three years to do his job. A fascinating excerpt from Tamal Bandyopadhyay's MUST-READ Roller Coaster: An Affair with Banking.
As per the new criteria of selection effective for the 2014-16 academic session, work-experience of prospective candidates will assume lesser weightage and preference will be given to the most recent academic score; marks obtained in the class 10 and 12 examination will be given less importance.
At no stage is a student encouraged to develop further curiosity in a subject and those who do stumble upon their passion or interest do so more by chance than design.
It took a lockdown for us in India to even recognise that the plight of migrants needs to be addressed. They were faceless and unrecognised. They were unappreciated and even hounded. They were poorly paid and exploited, notes Ramesh Menon.
Anshuman Jain became the co-head of Deutsche Bank in 2012 along with Juergen Fitschen.
Seven students were made international offers.
Nirmala Sitharaman's messaging was clear when she presented a well-balanced Budget with an eye on state elections in nine states followed by a general election next year, observes Ramesh Menon.
'The RSS ideology has been borrowed from fascism and is not borne out of Hinduism.' 'They want India to have one historical identity whereas India is a land full of divergence which goes in every direction.'
Where does India figure on the list? Find out!
Ahmedabad's cultural scene would not have gone beyond the garba, but for Mrinalini Sarabhai's pioneering efforts.
'Even if there is a third wave or a fourth wave, it is hard to see the economy will suffer like that (during the first wave).'
As many as 26 premises are being searched in these cities by the federal agency under the criminal sections of the Prevention of Money Laundering Act, they said.
Recent defaults have made a section of traders contemplate moving towards promissory notes.
The first phase of the programme will kick off with vaccinations in Hyderabad on Monday and in Visakhapatnam on Tuesday (May 18) at Apollo facilities.
The world seems to have caught severe pneumonia, or worse, as China had flu.
Ajay Banga, the 55-year-old CEO of MasterCard, is on a roll.
The summer placement process is undergoing a digital transformation this year.
The government is drawing up a relief package for industry with steps such as relaxation of asset-classification norms by banks, thus allowing companies to delay the repayment of loans, and tax holidays for the worst-hit sectors like aviation and hospitality. But it might not be enough to stop more bankruptcies from getting filed.
Every day when Akhilesh returns after a joust with political adversaries to his Camelot, which is Lucknow's 5, Kalidas Marg, it is time to hold court with advisors and loyalists.
Why do hundreds, and in some cases, thousands, turn up for a single vacancy at the lowest rungs of government jobs? The answer is simple: It offers a stable, assured income, which overcomes all other objections, says Shreekant Sambrani.
The action comes days after the CBI registered an FIR in the country's biggest alleged bank loan fraud case till date.
The National Innovation Foundation India (NIF), Ahmedabad shared the ideas that shined at the IGNITE 2015.
How should one billion Indians, for whom deprivation has become an inescapable way of life, join us in celebrating 75 years of Independence? And where do we go from here? asks Kalyan Singhal.
Whether they live away from their families or with them, all CEOs struggle with work-life balance, says Shyamal Majumdar.
In spite of Budget's rural focus, the government has consistently stumbled in agriculture, says Shreekant Sambrani.
'Look at the aggressive way in which a campaign against Friday namaz is going on in North Indian cities.' 'Even the Union home minister is part of this vicious campaign.'
A Delhi-based organisation is helping parents become involved with their children's school experience, says Geetanjali Krishna.
The procurement and distribution will be centralised though the government is yet to take a call on the initial number of doses that will be procured.
"What the RTI Act did was to make available to citizens any information that could be provided, that the government was obliged to provide to a Member of Parliament (MP). In theory, that channel remains open to us," says prominent economist and RTI activist Reetika Khera about how Indian citizens could still have access to information that they want
A survey of 300 engineering colleges revealed that only 29 per cent engineers are employable, while 30 per cent can be made employable after further studies, whereas 48 per cent are simply not employable
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