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March 16, 2021
MPLADS funds for 2019-20 have been cleared for MPs from both Lok Sabha and Rajya Sabha New Delhi: Finance Minister Nirmala Sitharaman today said in the Rajya Sabha that fund under the Members of Parliament Local Area Development Scheme (MPLADS) for 2019-20 have been cleared. TRS MP B Lingaiah Yadav had raised the matter during the Zero Hour in the House. Responding on the issue, Ms Sitharaman said several MPs from different parties had made representation on the matter. "It is well known that ...
March 16, 2021
Philanthropy Pie Boosted Mainly by Individual, Family Contributions in FY20: Report While increasing marginally, the share of philanthropic contribution by domestic companies and foreign sources decreased in the overall pie in FY20 in comparison to FY19. Representative image. Photo: Perry Grone/Unsplash, (CC BY-SA) Business16/Mar/2021 New Delhi: The share of philanthropic contribution by domestic companies declined from 29% in FY’19 to 28% in FY’20 in the overall pie, according to the 11th...
March 15, 2021
Global stock prices were off to a solid start while U.S. bond yields hovered near a 13-month peak on Monday as investors bet U.S. economic growth will accelerate after the passing of a massive stimulus package
March 15, 2021
WPI Inflation: The retail inflation for the month of February 2021 surged to 5.03 per cent The wholesale price index (WPI) inflation rose sharply to 4.17 per cent in February compared with 2.03 per cent in the month of January "The rate of inflation, based on monthly WPI, stood at (4.17 per cent) (provisional) for the month of February, 2021 (over February, 2020) as compared to 2.26 per cent during the corresponding month of the previous year," the Ministry of Commerce & Industry said in a sta...
March 15, 2021
Global stock prices were off to a solid start while U.S. bond yields hovered near a 13-month peak on Monday as investors bet U.S. economic growth will accelerate after the passing of a massive stimulus package
March 12, 2021
Indias retail inflation rose to 5.03 per cent in February, mainly on account of higher food prices, according to the government data released on Friday. The consumer price index (CPI)-based inflation was 4.06 per cent in January 2021 and was 6.58 per cent in February 2020. Food inflation rose steeply to 3.87 per cent in February, compared to 1.89 per cent in the previous month. The core inflation, which measures growth in the consumer price index after removing the food and fuel components s...
March 12, 2021
IIP Data: Industrial production fell 1.6 per cent in January 2021 The industrial production was down 1.6 per cent in January from a year earlier, government data showed on Friday. According to a recent poll of analysts conducted by news agency Reuters, the industrial production was expected to rise 0.9 per cent year-on-year in January. The industrial production, or the factory output, gauged by the Index of Industrial Production (IIP), declined 1.6 per cent in January, after registering ...
March 5, 2021
Updated: Share Article AAA The emergency credit line guarantee scheme (ECGLS) has helped in the credit growth for small businesses, aiding an index of growth in loans for the crucial sector ending a notch higher at the end of the September quarter. However, because of the special asset quality recognition dispensations like the moratoriums, recast and then the Supreme Court decided standstill, the strength index for the MSMEs (micro, small and medium enterprises) will get clearer in the next ...
February 27, 2021
From Dehradun to San Jose In 2013, Ashish Garg co-founded Eltropy, a global software-as-a-service (SaaS) startup that enables businesses to connect with their customers on SMS (short messaging service) and text messaging apps. 0 claps Good morning! Growing up, not many of us knew what we wanted to do in life. But Ashish Garg, who grew up in a middle-class household in Dehradun, always wanted to become an engineer and start his own company. Learning the spirit of entrepreneurship and persevera...
February 26, 2021
Although this growth marks an exit from a period of recession, the GDP for the entire financial year 2020-21 (FY21) is seen contracting by 8 percent.