The Reserve Bank on Friday projected retail inflation to be in 5-5.2 per cent range during the first half of the next fiscal year, expecting further softening of vegetables prices in near term. Also, it has lowered the retail inflation forecast for the current January-March quarter of 2020-21 fiscal at 5.2 per cent. The Reserve Bank (RBI) has kept the key policy rate unchanged at 4 per cent, with an accommodative stance, so as to ensure that inflation remains well within the target, Governor Shaktikanta Das said while announcing the last monetary policy of 2020-21.
The World Photography Organisation has announced the overall winners of the prestigious Sony World Photography Awards 2022.
'Due to the huge unemployment among displaced Adivasis they undertake any job that comes their way even if it means working and living in hazardous conditions.' 'The situation is such that out of every five tribals who migrate in search of employment only three come back alive.'
'The approach today is, instead of giving loans to 100 MSMEs, let us give one loan to a big-ticket corporate.' 'And so many of these big fish deceived the banks and the banks are in the doldrums now with high NPAs.'
Gold loan companies offer loans to financially-excluded customers and MSMEs by enabling them to monetise their gold without the need for documentary proof of income
'The hackers' objectives were centred around smearing India's reputation, causing productivity loss, creating operational damage and seeking financial gains.'
On Shashi Kapoor's 83rd birth anniversary, Subhash K Jha looks at his top five productions.
'The lockdown has been a great excuse to delay payments.'
Yellen, 74, was confirmed by the Senate in a broad bipartisan support of 84-15 votes on Monday. Both the Democratic and the Republican parties have 50 members in the 100-seat Senate.
Capital dumping is being used by foreign e-commerce firms to subsidise and engage in predatory pricing, oil-to-telecom conglomerate Reliance Industries (RIL) has told the Associated Chambers of Commerce and Industry of India (Assocham) in an internal document. The document alleges that this is leading to massive unemployment and financial distress among small merchants and kirana stores. It consists of various recommendations and proposed changes that deal with Press Note 2 of 2018 (PN 2), which RIL wanted Assocham to present to the government, according to sources.
Writing in the United Kingdom's 'Financial Times' newspaper on Tuesday, the minister sought to counter criticism over Prime Minister Narendra Modi-led government's announcement over the "anachronistic provision" last month, which he said had resulted in socio-economic injustice due to the inability to apply national laws in Jammu and Kashmir.
The insatiable greed for money and power is too large, too repugnant to thwart. And no one epitomised that better than Harshad Mehta, notes Dhruv Munjal.
The volume of shares traded in the stock market had fallen 28 per cent in April. Turnover, or the value of securities changing hands, fell 12.6 per cent. This trend of falling volumes seems to have stabilised in May.
Fintechs need to behave with responsibility and transparency. A lot of mis-selling has been happening. Other issues have been plaguing the fledgling industry -- high interest rates, even higher processing fees, harsh collection process and, most critically, data leakage leading to rampant frauds, points out Tamal Bandyopadhyay.
'One doesn't need to wait for the government to come forward to help.' 'Why blame the system when we can start doing things in a small way?'
Find out which devices are most vulnerable.
Given that there has been no negative news flow around Zomato, analysts believe it's time to lap up the shares at lower levels.
Whether it liked it or not, the Ukraine crisis forced India to choose between the aggressor Russia and the US-led free world, a decision it hated to make, Virendra Kapoor points out. In the end, it abstained from the vote in the Security Council.
Terrorist attacks are becoming increasingly sophisticated and consistently exploiting India's gaping security loopholes -- both on terra firma and in cyberspace. Yet, India's seriousness about electronic surveillance as a preventive measure appears to be woefully inadequate.
The numerous integration measures have led to savings in areas including supply chain, technology, inventory management, and marketing.
Cloned journals have become more rampant in the post-pandemic world.
Do not go for riskier options like co-operative bank only for the higher return. Even if you go for them, park only a small portion of your capital there, say Tinesh Bhasin and Sanjay Kumar Singh.
The US president, who has expressed disappointment over China's handling of the COVID-19 pandemic, claimed that it was the "incompetence" of Beijing that led to the mass killing across the globe.
The league said last week that the deal, called 'Boost La Liga', would strengthen its clubs and give them funds to spend on new infrastructure and modernisation projects as well as increasing how much they could spend on players' salaries.
'With just 2.4 per cent of global landmass, India houses six to eight per cent of planetary biodiversity and hence is a prime target of wildlife criminals.'
Pakistan's offer to normalise relations with India is an attempt to buy temporary peace due to its economic and politico-strategic compulsions, notes Brigadier Narender Kumar (retd).
Govt mulls gradual switchover to the January-December financial year
Like China, India too should connect the dots and move ahead with a long-term perspective in Afghanistan, advises Ambassador M K Bhadrakumar.
The uncertainty surrounding the Liverpool forward's participation after he suffered shoulder ligament damage in last month's Champions League final, had a huge impact on both preparations and team confidence coming into the tournament.
The man with the golden arm could surpass some, if not all, top cricketers -- the demigods who stand well above athletes from other disciplines in India
The committee has recommended Rs 8,000-10,000, Rs 13,000-15,000, and Rs 15,000-18,000 including PPE costs for isolation beds, and ICUs with or without ventilator, respectively, to all hospitals. Currently, hospitals are charging Rs 24,000-25,000, Rs 34,000-43,000 & Rs 44,000-54,000 (excluding PPE cost).
Until last month more than two-thirds of the Indian Army was deployed against Pakistan. Of 14 army corps, just four-and-a-half faced China, while more than twice that number was ranged against Pakistan.
Russia and China are tight-fisted and Iran is broke and none of them has the political will or capacity to bankroll the Afghan economy, which only the US can, points out Ambassador M K Bhadrakumar.
No overblown drama, no weepy speech, Sui Dhaaga's sunshine spirit and throwaway nok jhonk pervades the uncertainty and exploitation, feels Sukanya Verma.
Elated after years of hard work finally paid off, Mumbai all-rounder Shivam Dube said he loves power-hitting and would never give up his aggressive brand of cricket which earned him a maiden call-up to the Indian team.
The bill, approved by the Union Cabinet on Monday, was brought in on the last day of the Winter Session of Lok Sabha.
The payments industry is at a crossroads with the banking regulator on two pressing issues, neither of which seems headed towards an amicable solution. Depending upon which side accommodates the other, customers in India will have to choose between convenience and ironclad safety. In the end, the Reserve Bank of India (RBI), which regulates both banks and all payments services providers, will prevail. But the question is: will it do so by bending a little or by sticking to its firm stand? The two issues - one concerning payment facilitators storing customers' card details and the other about auto-renewal of payments - appear similar but aren't.
Remember the US withdrawal agreement was signed in February 2020. In the intervening period, a proper evacuation plan ought to have been in place. It was not. Consequently, tens of thousands of Afghans who had worked as interpreters, drivers, suppliers of goods and services, etc, face brutal retribution from the Taliban, Virendra Kapoor points out.
Seeking to insulate small and marginal farmers from exploitation by moneylenders, United Progressive Alliance chairperson Sonia Gandhi has asked banks to provide credit to farming community at lower rates of interest.
Real, Barca topple United off perch to become top earning clubs
