The government has revised its divestment target downwards from Rs 2.1 trillion, as its ambitious privatisation programme has been deferred to next year.
Fresh formal job creation declined sequentially for a third straight month in February to fall to a 21-month low, signaling pressure in the employment market. These are the findings from the latest payroll data released by the Employee Provident Fund Organisation (EPFO) on Thursday. The number of new monthly subscribers under the Employees' Provident Fund (EPF) declined 10 per cent sequentially to 738,052 in February from 819,659 in January.
India has surpassed China to become the world's most populous nation with 142.86 crore people, shows the latest United Nations data, even as UN projections estimate that the country's population is expected to grow for the next three decades after which it will begin declining.
Bhagwat also expressed concern over Bitcoin and OTT platforms and asked the government to take efforts to regulate these things.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
An investment banker handling the PSU issues said, "When employees pick application forms, these typically have stamps of brokers. But there was no clarity who will bear the cost. Now with this provision, government will pay 25 bps. It is lesser than retail because there is often no marketing effort from the broker, as a lot of it is done by the company itself."
Dipam is conducting the selection of merchant bankers and legal advisors, and planning roadshows.
Govt seems to bullish to meet its disinvestment target in current fiscal.
The Centre subsidises the cost of fertilisers as there is a huge gap between selling price and production cost. After receiving Rs 31.83 crore (Rs 318.3 million) as dividend from National Fertilizers Ltd, Chemicals and Fertiliser Minister Ram Vilas Paswan said the fertiliser subsidies would be only in cash, and assured manufacturers that there would not be any problems for them.
Against FY17 target of Rs 56,500 cr, Centre plans to fetch around Rs 6,400 cr in the first half.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
In the last two months, these stocks have lost nearly a quarter of their market cap.
In the last two months, these stocks have lost nearly a quarter of their market cap.
The S&P BSE Sensex plunged 301 points to close at 25,490 and the Nifty50 fell 86 points to end at 7,815.
Weak monsoon forecast rekindled fears of higher inflation.
Here's your weekly digest of the most weird, true and funny news from the across the world.
