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Government data showed that 23 states and Union Territories recorded higher rural inflation in December.

Abhihaara CEO Sudha Rani said majority of young men making the toys earlier had migrated to cities during the pandemic looking for work

‘Banks need to drastically re-skill, reform for new normal’ (Book Review) By IANS|   Published: 4th March 2021 12:21 pm IST By Vishnu Makhijani New Delhi, March 4 : To hire the skilled or to re-skill? This is one of the crucial questions the banking industry prepares for in the ‘new normal in a post-pandemic world. However, as the need for skills evolves, hiring cannot alone close the gap fast enough. Not only is re-skilling critical from an organizational standpoint, if done right, it also has a life-changing effect on employees, says a new book, “Transformational Leadership in Bank...

Prices of food items soar again March 02, 2021 Government data shows a 2.7-37 per cent increase within a month’s time Cooking a daily meal has got expensive as prices of onion, tomato, pulses and mustard oil seeing a spike. Government data show prices of basic cooking items have registered a2.7-37 per cent rise in a month’s time. A combination of factors such as surge in diesel prices and higher temperature affecting crops is likely to have pushed up inflation. The government will release retail inflation data for February on March 12. What is interesting is that the rate of retail infla...

‘A clear glide path’ for fiscal expansion February 01, 2021 FRBM Act to be amended; to allow expansion in deficit The government will amend the Fiscal Responsibilty and Budget Management Act (FRBM), keeping in mind the new fiscal framework and fiscal deficit targets as proposed by the 15th Finance Commission. For FY20-21, the government has reworked the deficit target to 9.5 per cent of GDP and 6.8 per cent of GDP for the next fiscal,. The Finance Ministry has said that it has given ‘in-principal’ approval to the recommendation given by the Commission for borrowing by the States. The...