Sustained rural poverty can't be eradicated without capacity building.
The slowdown in growth is an industry-wide trend and companies are adjusting production to bring down the inventory levels at plants as well as dealerships.
Jet Airways Ltd said on Friday it made a profit in the June quarter compared to a loss in the year-ago period, helped by a drop in fuel expenses.
Even today, many MFIs already distribute pension and micro insurance products to low-income households.
About 9 per cent of those surveyed said they had been physically harassed or assaulted, while 13 per cent said they were denied basic needs, another 13 per cent quoted mental torture and 20 per cent elders surveyed cited restrictions on their social life. Misbehaviour and ill-treatment were cited by 37 per cent while 8 per cent cited other forms of harassment.
According to SBI executives, the aim is to do things efficiently with an eye on profitability, and get a feedback on areas, including which business to enter and which to exit.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
You should rather use nicknames, incorrect date of birth and if possible make a separate e-mail address for such apps and services. You should also not share your phone number
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Before you take the leap, get your financial house in order
India Post may be keen to apply for payment bank licence.
Mergers and acquisitions would continue to create big corporate conglomerates but there is a need to draw a red line to avoid dominance and curbing of open competition in market by them, he said while addressing a conference on competition issues in New Delhi.
Moreover, automobile and consumer durables players are slashing their ad expenditure by over 65 per cent this Diwali.
In the broader markets, the BSE Midcap and Smallcap indices were up 0.5% each
Most public sector banks, flush with deposits now, offer 3-4% interest on savings deposits, while a few private sector banks go up to 6%.
SBI had a tough journey in the last 40 years.
'For those looking at forward-looking signals for the economy from the stock markets, the relative performance of small and mid-caps may be a better indicator of the future than the index levels of the narrower and more popular indices', says Neelkanth Mishra.
If Jatin Singh is right in the long run and his morphed business can help reduce farmer distress, Skymet will provide a service of far more value from where it began
Shares of Motilal Oswal Financial Services, Edelweiss Financial Services and IIFL Holdings have all doubled in the past one year against the Sensex's 23 per cent gain.
Progress on several parameters creates a tipping point situation.
Undergraduate courses indicatively cost S$23,000 to S$38,000, while postgraduate courses approximately cost S$15,000 to S$40,000.
Anup Roy and Krishna Kant on the challenges the public sector banks face in revitalising themselves
As the Jan-Dhan scheme completes a month since its official launch, reports coming in from various parts of the country suggest the stated target of 75 million new accounts will be achieved much before January 26 next year.
Radhakishan Damani is the only billionaire to see his wealth grow by around 20% during the lockdown.
Investors indulged in buying beaten down blue chips at lower and attractive levels.
Here's the full text of President Ram Nath Kovind's customary address to the joining sitting of Parliament on the first day of the budget session.
Railway passengers can book their tickets and do shopping using RuPay pre-paid debit cards.
Regulators will need to allow the model to evolve to allow profits to flow, says Una Gulani.
Stating that pushing GDP growth, which has slipped to 5-year low of 6.8 per cent in 2018-19, is the top priority, President Ramnath Kovind said Modi govt will bring more reforms and raise farm investments to boost growth.
Railways, rural infrastructure, urban rejuvenation, solar and transmission and distribution of electricity are the new priorities, says Vinayak Chatterjee.
Prime Minister Narendra Modi on Thursday launched his government's mega scheme ' Pradhan Mantri Jan Dhan Yojana', declaring that it was aimed at eradicating financial untouchability by providing bank accounts to the poor.
Accusing the United Progressive Alliance government of "heaping hardships on people," Tamil Nadu Chief Minister J Jayalalithaa flayed its "knee-jerk" reaction of increasing Foreign Direct Investment cap in different sectors and warned that its "insensitivity" towards people will take its toll soon.
Upcoming payment banks will lift lower income groups in distant villages.
The official India Meteorological Department (IMD) and the private Skymet Weather Services have made widely divergent monsoon forecasts.
In addition to the problem of long queues at automated teller machines, there would be the problem of guiding new cardholders, especially in rural and semi-urban areas, on how to use those cards, some bankers told Business Standard.
The problem is set to grow following issuance of 75 million new RuPay cards in the next six months with the launch of the Jan Dhan Yojana.
Government's financial inclusion mission is well intentioned, but it may be putting a severe strain on the banking sector.
'AI will be bigger than the advent of the Internet or the harnessing of electricity.' 'India must embrace it with all its might,' says NITI Aayog CEO Amitabh Kant.
Celebrities will become more responsive to consumer concerns about the brands they endorse.
Prime Minister Narendra Modi on Monday batted for expansion of organic farming across the country.
