News for 'State for Micro'

ASK AJIT: Stocks You Must Exit

ASK AJIT: Stocks You Must Exit

Rediff.com31 Mar 2022

Ajit Mishra, vice president, Research, Religare Broking, answers your queries.

Bengal Guv unhappy as his address not telecast live

Bengal Guv unhappy as his address not telecast live

Rediff.com10 Feb 2020

He termed this as 'intolerance' towards the constitutional head of the state, and expressed confidence that the media will not be a 'silent spectator' to such episodes.

Stimulus package for economic revival 'inadequate': Par panel

Stimulus package for economic revival 'inadequate': Par panel

Rediff.com28 Jul 2021

The stimulus package announced by the government for the revival of the pandemic-hit economy has been found to be "inadequate", according to a Parliamentary panel report. The report of the department-related Parliamentary Standing Committee on Industry on the impact of COVID-19 pandemic on micro, small and medium enterprises (MSME) sector has noted that in the process of economic recovery post-first wave of the pandemic, the second wave has even more vigorously ripped the economy particularly the MSME sector. "The committee observes that the stimulus package announced by the government for the economic revival from the pandemic hit economy has been found to be inadequate as the measures adopted were more of loan offering and long-term measures instead of improving the cash flow to generate demand as immediate relief," it said.

New Interest Regime: Both Customers And Banks To Feel Pain

New Interest Regime: Both Customers And Banks To Feel Pain

Rediff.com29 Jun 2022

Shifting to floating rate deposits can work as an anaesthetic gel for some customers, points out Tamal Bandyopadhyay.

Lockdown brings Delhi pollution levels to half: CPCB

Lockdown brings Delhi pollution levels to half: CPCB

Rediff.com23 Apr 2020

The CPCB said reduction in PM10 and PM2.5 levels primarily indicate depletion in combustion and industrial sources of pollution which are common to both fractions of particulate matter.

Modi's trusted ex-IAS officer gets BJP's ticket for UP MLC polls

Modi's trusted ex-IAS officer gets BJP's ticket for UP MLC polls

Rediff.com16 Jan 2021

Former Indian Administrative Service officer A K Sharma was on Friday named a Bharatiya Janata Party candidate for the Uttar Pradesh legislative council polls a day after he joined the party, fuelling speculation that he will get a ministerial post.

Stalin meets Modi, raises scores of issues

Stalin meets Modi, raises scores of issues

Rediff.com17 Jun 2021

Tamil Nadu Chief Minister M K Stalin on Thursday said he has requested Prime Minister Narendra Modi to provide additional doses of COVID-19 vaccine to the state.

Enhanced GST mop-up should now be 'new normal': FM

Enhanced GST mop-up should now be 'new normal': FM

Rediff.com1 Jul 2021

Finance Minister Nirmala Sitharaman on Thursday said taxpayer base has almost doubled to 1.28 crore in four years of rollout of the historic tax reform and the enhanced GST mop up in the recent months should now be the "new normal". In a written message to tax officers on the fourth anniversary of GST rollout, she said implementing any reform of this scale in a large and diverse country like India can be highly challenging, but GST has brought about ease in taxpayer compliance and reduced common man's tax burden.

RBI allows loan restructuring for individuals, MSMEs

RBI allows loan restructuring for individuals, MSMEs

Rediff.com5 May 2021

Reserve Bank on Wednesday announced a slew of measures including loan restructuring for individual and small businesses hit hard by fresh COVID-19 wave. To augment supply of goods for COVID care, the central bank opened Rs 50,000 crore on-tap window to ease access to emergency health services to boost provision of immediate liquidity for ramping up COVID-19 related healthcare infrastructure and services in the country. This liquidity window is being opened till March 31, 2022, he said, adding that under the scheme, banks can provide fresh lending support to a wide ranging of entities including vaccine manufacturers, importers and suppliers of vaccine and medical devices, hospitals and dispensaries and suppliers of oxygen and ventilators importers and also patients for treatment.

Delta plus has more affinity for lung tissues: NTAGI chief

Delta plus has more affinity for lung tissues: NTAGI chief

Rediff.com27 Jun 2021

The Delta plus variant of COVID-19 has greater affinity to lung tissues as compared to other strains but it does not mean that it will cause severe disease or is more transmissible, head of coronavirus working group National Technical Advisory Group on Immunisation (NTAGI) Dr N K Arora said.

PM Modi dubs DMK's Raja as 'outdated 2G missile'

PM Modi dubs DMK's Raja as 'outdated 2G missile'

Rediff.com30 Mar 2021

In his first poll rally for the April 6 assembly polls, Modi rooted for the Tamil language, culture and invoked the welfare legacies of M G Ramachandran and J Jayalalithaa, late chief ministers and All India Anna Dravida Munnetra Kazhagam icons.

'Equity markets should remain in favour in 2022'

'Equity markets should remain in favour in 2022'

Rediff.com14 Jan 2022

'The markets have corrected almost 8-9 per cent from their highs, so one can accumulate quality stocks at reasonable prices.'

Bad-loan market may soon see flurry of activities

Bad-loan market may soon see flurry of activities

Rediff.com29 Nov 2021

Banks are set to sell dud-loans worth Rs 90,000 crore of 22 firms in the first tranche to the National Asset Reconstruction Company (NARCL). It's reason for cheer given that such sales to asset reconstruction companies (ARCs) have been poor in recent times. In fiscal 2020, their assets under management (AUM) contracted by 4 per cent; and in fiscal 2021, it fell by another 100 basis points to Rs 1.07 trillion. So, why are we where we are?

Mid-day meal tragedy exposes poor state of Bihar

Mid-day meal tragedy exposes poor state of Bihar

Rediff.com22 Jul 2013

The buck for the Gandamal tragedy should not stop with the school-in-charge Meena Kumari. She is just the face of a deeper malaise in Bihar, says Apoorvanand.

How Taliban's funding continued over 20 years

How Taliban's funding continued over 20 years

Rediff.com9 Sep 2021

In fact, the Taliban apparently collects about 10 per cent as cultivation tax from opium farmers and 15 per cent as heroin tax from laboratories and smugglers that smuggle narcotics into Pakistan. This, by itself, is a revenue stream estimated at USD 250-300 million.

Trump, Biden, PM Modi among most tweeted in 2020

Trump, Biden, PM Modi among most tweeted in 2020

Rediff.com9 Dec 2020

The prime minister occupied seventh place on the list.

'In the short term, the markets may remain weak due to rising Covid cases'

'In the short term, the markets may remain weak due to rising Covid cases'

Rediff.com7 May 2021

'In the short term, we may see some disruptions due to Covid, but in the medium-to-long term, we should keep an eye on US inflation and 10-year bond yields.'

Navy's new submarines will cost $1 bn each

Navy's new submarines will cost $1 bn each

Rediff.com28 Jul 2021

Building 6 conventional submarines is one of the Indian Navy's most important weapon construction programmes.

Don't put your lives at risk, be patient: Maha CM to migrants

Don't put your lives at risk, be patient: Maha CM to migrants

Rediff.com8 May 2020

Thackeray said he was in constant touch with the Centre over the issue of running more trains to ferry migrant labourers, stranded due to the coronavirus-enforced lockdown, to their native places.

MFIs should not throw caution to wind, warns RBI

MFIs should not throw caution to wind, warns RBI

Rediff.com27 Oct 2021

Reserve Bank of India Deputy Governor M Rajeshwar Rao on Wednesday said while the central bank will foster growth in the microfinance (MFI) sector, the lenders in the space should not throw caution to the wind to achieve higher asset growth and returns. MFIs should not try to mimic the strategies of mainstream finance, as those serving the microfinance borrowers have a greater need to balance the social objectives with their lending operations, he said.

Full text: What Modi said in his farm laws repeal speech

Full text: What Modi said in his farm laws repeal speech

Rediff.com19 Nov 2021

'Whatever I did, I did for the farmers and whatever I am doing, I am doing for the country'

Invisible Growth behind Sensex Rise

Invisible Growth behind Sensex Rise

Rediff.com8 Jun 2021

'The growth drivers are mostly invisible, but the growth is undeniable at least for now,' notes Debashis Basu.

Is the worst over for Indian banks?

Is the worst over for Indian banks?

Rediff.com24 Mar 2022

Is the worst over for Indian banks? The past two years saw them ride on treasury trades as deposits soared and credit growth dipped sharply. Gross and net non-performing assets (NPAs) moved south, and the provision coverage ratio (PCR), capital buffers, and profitability indicators are back at pre-pandemic levels. So, what's the plot ahead?

Jan Dhan phase II: LIC, gen insurers asked to finalise products

Jan Dhan phase II: LIC, gen insurers asked to finalise products

Rediff.com15 Oct 2014

Ministry of Finance, Joint Secretary -- insurance, Anoop Wadhwa, had reviewed the progress of development of micro-insurance products at a meeting in the national Capital on Tuesday.

New Covid SOPs: Theatres allowed more seating, pools open for all

New Covid SOPs: Theatres allowed more seating, pools open for all

Rediff.com27 Jan 2021

The Ministry of Home Affairs (MHA) on Wednesday allowed cinema halls and theatres to operate with more people while swimming pools have been permitted for use by all in fresh COVID-19 reopening guidelines.

Govt working on law to regulate social media: Ram Madhav

Govt working on law to regulate social media: Ram Madhav

Rediff.com21 Feb 2021

"We require new rules and laws to tackle and manage. The government is already working in this direction," he added.

Centre's Taliban Response Puts UP BJP in A Fix

Centre's Taliban Response Puts UP BJP in A Fix

Rediff.com14 Sep 2021

The pressure on Delhi mellowed Lucknow's ruling dispensation's initial enthusiasm to try and draw electoral mileage from the developments in Afghanistan.

COVID-19: Delhi's next round of sero-survey begins

COVID-19: Delhi's next round of sero-survey begins

Rediff.com1 Sep 2020

The last sero-prevalence survey was held from August 1-7, which showed that 29.1 per cent of the people surveyed had antibodies against the coronavirus infection.v

What will open up in Kolkata after lockdown

What will open up in Kolkata after lockdown

Rediff.com30 Apr 2020

The state has decided that from Monday it will allow the plying of private buses along with the opening of electronics, stationery, tea stalls, and paint and hardware stores, reports Avishek Rakshit

Budget doesn't matter, want agri laws repealed, protesting farmers

Budget doesn't matter, want agri laws repealed, protesting farmers

Rediff.com1 Feb 2021

Farmers protesting at various sites on the border of Delhi on Monday unequivocally said they are only concerned about their common goal of having the three farm laws repealed, and what has been offered to the agriculture sector in the Union budget did not matter.

PM releases Rs 20,946 cr for farmers under PM-KISAN

PM releases Rs 20,946 cr for farmers under PM-KISAN

Rediff.com2 Jan 2022

Prime Minister Narendra Modi on Saturday released Rs 20,946 crore to 10.09 crore farmers across India as the 10th installment of financial aid under the PM-KISAN scheme and said there was a need for innovation in agriculture along with promotion of natural farming. Under the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme, a financial benefit of Rs 6,000 per year is provided to the eligible farmer families, payable in three equal installments of Rs 2,000. The PM-KISAN scheme was announced in the February 2019 Budget.

Indo-American Chamber slams new e-com rules

Indo-American Chamber slams new e-com rules

Rediff.com6 Jul 2021

The proposed amendments to the Consumer Protection (E-Commerce) Rules, 2020, that are envisioned to protect consumer interests, may further compound the impact of multiplicity of regulations on the e-commerce sector, the Indo-American Chamber of Commerce (IACC) had told the ministry of consumer affairs. IACC, the apex bilateral chamber for Indo-US business, had told the government that the proposed amendments would increase compliance liabilities that risk severely impairing the growth of the sector.

PM to launch Rs 20,000 cr MUDRA Bank on April 8

PM to launch Rs 20,000 cr MUDRA Bank on April 8

Rediff.com25 Mar 2015

MUDRA Bank will have a corpus of Rs 20,000 crore.

Industry will have to wait, 2nd stimulus package to target MSMEs, weaker sections

Industry will have to wait, 2nd stimulus package to target MSMEs, weaker sections

Rediff.com29 Apr 2020

The beneficiaries of the second set of announcements are expected to be micro, small, and medium enterprises, farmers, women, poor, migrant workers, and other marginalised sections of the society, reports Arup Roychoudhury.

Twitter appoints interim chief compliance officer for India

Twitter appoints interim chief compliance officer for India

Rediff.com15 Jun 2021

A Twitter spokesperson on Tuesday said the company continues to make every effort to comply with the new guidelines, and is keeping the IT Ministry apprised of progress at every step of the process.

'Akhilesh will surely get 150 seats'

'Akhilesh will surely get 150 seats'

Rediff.com2 Feb 2022

'...if elections were to be held today.' 'The problem is Akhilesh is not very aggressive.' 'Had he started his campaign aggressively six months ago, the picture in UP would have been very different.'

PM hands over 'Made-In-India' Arjun battle tank to army

PM hands over 'Made-In-India' Arjun battle tank to army

Rediff.com15 Feb 2021

The tank, designed, developed, and manufactured by the Defence Research and Development Organisation's Combat Vehicles Research and Development Establishment and made in Tamil Nadu, will be used to protect northern borders.

What India needs to do at COP26, Glasgow

What India needs to do at COP26, Glasgow

Rediff.com1 Nov 2021

Rather than talking endlessly about lost and marginal opportunities, India's climate envoys need to start thinking bigger, says Mihir S Sharma.

As WB burns, Mamata, Governor indulge in war of words

As WB burns, Mamata, Governor indulge in war of words

Rediff.com16 Dec 2019

Banerjee expressed her sadness over Governor Jagdeep Dhankhar taking to the Twitter frequently to criticise of her government and urged the governor to cooperate with it to maintain peace in the state.

'When people needed oxygen, RBI gave them Horlicks'

'When people needed oxygen, RBI gave them Horlicks'

Rediff.com12 May 2021

'Are they assuming that by the end of May or the 15th of June, we will see the end of the pandemic?'