Clipped from: https://www.financialexpress.com/opinion/how-india-got-pds-delivery-right-during-the-pandemic/2148293/ During Covid crisis, the country’s technology-driven PDS swiftly came to the fore by successfully scaling up to distribute almost double the quantity of
Day: December 12, 2020
Demand for gold loans slows down after recording a good growth in the second quarter: CSB Bank chief – The Financial Express
Clipped from: https://www.financialexpress.com/industry/banking-finance/demand-for-gold-loans-slows-down-after-recording-a-good-growth-in-the-second-quarter-csb-bank-chief/2148227/ The Thrissur based lender said its gold loan portfolio grew by Rs 1,100 crore in the second quarter, an increase of 30% quarter-on-quarter
DBS Bank India partners with Haqdarshak to aid MSME recovery – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/dbs-bank-india-partners-with-haqdarshak-to-aid-msme-recovery/articleshow/79675994.cmsSynopsis Haqdarshak will provide application support services to business owners for availing the right schemes that the government has announced. MUMBAI: DBS Bank India has joined
MSME: Banks sanction Rs 2.05 lakh cr to 81 lakh MSMEs under credit guarantee scheme – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/banks-sanction-rs-2-05-lakh-cr-to-81-lakh-msmes-under-credit-guarantee-scheme/articleshow/79679237.cmsSynopsis The loans provided under ECLGS 2.0 will have a five-year tenor, with a 12-month moratorium on repayment of principal. NEW DELHI: The Finance Ministry on
The farmers protest a wee bit too much–economic times
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/the-farmers-protest-a-wee-bit-too-much/ET Edit Quick takes, analyses and macro-level views on all contemporary economic, financial and political events. It is unfortunate that the farmers protesting against
Fiscal deficit range rather than a point is need of the hour for India, says NK Singh – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/fiscal-deficit-range-rather-than-a-point-is-need-of-the-hour-for-india-says-nk-singh/articleshow/79681332.cmsSynopsis In November, the 15th FC had submitted its final report for the five year period from FY22-26 which included recommendations of a roadmap
Tax authorities cancel 1.63 lakh GST registrations in October-November due to non-compliance – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/tax-authorities-cancel-1-63-lakh-gst-registrations-in-october-november-due-to-non-compliance/articleshow/79683403.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Further, 28,635 taxpayers who have not filed their GSTR-3B returns for more than six months as on December 1, have been identified and
Indian consumers to face more hikes in petrol, diesel prices – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/energy/oil-gas/indian-consumers-to-face-more-hikes-in-petrol-diesel-prices/articleshow/79681158.cmsSynopsis Rising crude oil prices push up rates of refined products such as petrol and diesel, which have already risen by Rs 2.6 per
Agitating farmers can learn a valuable lesson from India’s sugar industry and reap rewards – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/agriculture/meenakshi-saraogis-industry-farmer-business-model-in-the-sugar-sector-could-hold-a-bigger-lesson/articleshow/79681866.cms SynopsisAt a time when the controversy of the day revolves around whether India needs farm disintermediation, the long-established case study of the sugar
bitcoin: Indian banks rush to join bitcoin party – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/stocks/news/indian-banks-rush-to-join-bitcoin-party/articleshow/79672306.cms SynopsisIn 2018, the Indian government and the Reserve Bank of India had issued several warnings against dealing in cryptocurrencies, including Bitcoins. The government
Samsung to invest Rs 4,825 cr to shift China mobile display factory to India – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/cons-products/electronics/samsung-to-invest-rs-4825-cr-to-shift-china-mobile-display-factory-to-india/articleshow/79683077.cmsSynopsis The UP government’s cabinet headed by Chief Minister Yogi Adityanath approved special incentives to Samsung Display Noida Private Limited on Friday. NEW DELHI: