Now, PM-Kisan payments only via Aadhaar-linked bank accounts
Under the Pradhan Mantri Kisan Samman Nidhi (PM-Kisan) Yojana, the central government provides income support of Rs 6,000 per year to all farmer families in the country, paid in instalments of Rs 2,000 every four months. The instalment for the December 2019 to March 2020 will be transferred to Aadhar-authenticated bank accounts at one go this month.
S&P 500 melt-up is making cheerleaders into sceptics
Since 2009, they’ve rarely wavered from a script in which they say the S&P 500 will rise about 10 per cent in the coming year.
‘China may grow below 6% over next 5 years’
The economy could grow between 5 per cent and 6 per cent from 2020 to 2025.
10 charts that explain India's conflicting consumption story
Where the leading smartphone brands in the country are clocking sales at a healthy clip, buoyed by rising online purchases. On the other hand, sales of daily needs items such as soaps, detergents, shampoos etc have visibly slowed in recent quarters.
India in growth recession; extreme centralisation of power in PMO not good: Raghuram Rajan
The starting point to address this slowdown will be for the Modi govt to acknowledge the problem, he said.
Growth Catalyst: Jewar Airport expected to create infra, generate jobs
The upcoming International Airport at the Jewar township of Greater Noida is expected to be a growth catalyst for the region, say industry analysts, as the project is expected to create urban infrastructure and generate jobs.
India's real GDP growth in FY20 to come below 5%: IHS Markit
India's real GDP growth in 2019-20 fiscal is expected to be slightly below 5 per cent as the impact of stimulus measures will take time to filter through to the economy, IHS Markit has said.
US-based start-up expands in India, Southeast Asia and China
The US-based building intelligence solutions provider is opening office in Delhi soon, its fourth office in India. Currently, the firm has an engineering, product development and sales hub in Bengaluru, as well as sales and support services offices in Chennai and Mumbai.
Indian growth story based on strong eco fundamentals: Ambassador Shringla
“India is on the march! It became a 3.0 trillion economy this year (IMF World Economic Outlook, Oct 2019). It took us nearly 60 years after independence to reach the 1 trillion mark, only 12 years since then to take it to 3.0 trillion and only 5 years, from 2014-2019, to take it from 2.0 trillion to 3.0 trillion.
View: Govt may toss aside corporate critics but there are two things it needs to reflect on
Being a leader isn’t just about winning elections. It is also about performance. And while you can make this as complicated as you want, in simple terms, this performance can be judged on two simple criteria. A good Indian leader is someone who can keep everybody together and deliver great GDP growth.
Strong US job growth highlights economy's resilience
Nonfarm payrolls increased by 266,000 jobs last month, with manufacturing recouping all the 43,000 positions lost in October.
Analysts cautious on growth from DXC for Mphasis
DXC has been streamlining its business by expanding its offshore presence, making analysts cautious about its dependency on Mphasis, with some pulling back expectations from the channel and others revising their estimates. Business from DXC accounts for up to 28% of revenue. Mphasis has been able to grow revenues from its ‘direct core’ segment.
Indo-US partnership inherent to India’s growth story: Ambassador Shringla
Indian Ambasador to USA Harsh Vardhan Shringla also suggested that bilateral relationship between India and the United States is evolving fast both in the strategic and economic domains and this is key to India’s growth story. His comments are significant ahead of the 2+2 ministerial level dialogue on December 18.
Following our core philosophies helped the turnaround of most funds, says Vinit Sambre, DSP Mutual Fund
DSP Midcap Fund and DSP Small Cap Fund have outperformed their benchmarks and categories in the long term. Other equity schemes, including DSP Equity Opportunities, DSP Equity and DSP Tax Saver are also among the toppers in their respective categories.
Growth a national objective: Shaktikanta Das
Das, while speaking at the postpolicy press conference on Thursday, said at a critical juncture where growth was slacking, it was of paramount importance that monetary policy and fiscal policy work in coordination to achieve the best results in the national endeavour to revive growth. The career bureaucrat entered the RBI headquarters last December.
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