Archive for May, 2016
05/31/2016
By Prabhudatta Mishra Even though the government is confident of having another record year of Kharif foodgrain on the back of higher acreage under pulses, there could be a decline in the production of pulses. Farmers in Madhya Pradesh are battling a dry weather while surplus rains in Maharashtra, Rajasthan and Karnataka during the first
05/31/2016
By Bibhudatta Sahu Jajpur in Odisha has become one of the few districts to launch battery-operated vehicles for door-to-door solid waste collection in rural areas. In addition to ensuring garbage collection based on a door-to-door model similar to cities, the initiative will promote women empowerment. The Women Self Help Groups (WSHGs) will run these battery-operated
05/31/2016
West Bengal topped the chart and Bihar languished at the bottom in the large states category on the Index on Foundational Literacy and Numeracy – an indicator of literacy among children below 10 years. In the small states category, Kerala grabbed the top spot and Jharkhand was adjudged the worst performer on the index. There
05/31/2016
The Uttar Pradesh legislative assembly on Friday passed a Bill that empowers the state government to recover sugarcane dues from the group companies of defaulting sugar mills. The amendment will come into force with the gazette notification to be issued soon. The Bill amends the Uttar Pradesh Sugarcane (Regulation of Supply and Purchase) Act 1953,
05/31/2016
Tarsons Products shares rallied sharply on Friday, after having made a tepid debut on the stock exchanges. The stock price hit 20% upper circuit or jumped 26.89% from the IPO price to close the day at Rs 840 per share. Shares had listed at a lukewarm Rs 700 apiece. Tarsons Products shares were offered at
05/31/2016
Retail sales in India in November grew by 9 per cent over the pre-pandemic levels of the same month in November 2019 signaling improvement in business albeit worries around Omicron variant spread and the third wave of the pandemic, according to industry body RAI. In its retail business survey, Retailers Association of India (RAI) said
05/24/2016
:- By Sandeep Jain Globally, total commodity asset under management has crossed USD 300 billion and India In most parts of the world commodity derivative indices are traded by institutional investors, however, India is just getting started. Despite the fact that commodity derivative markets have been functioning now for decades, most retail investors have maintained
05/24/2016
Amidst concerns raised by brokers association and FPIs over the implementation of the shorter settlement system, Sebi chairman Ajay Tyagi on Thursday said the T+1 (trade plus one day) settlement cycle is in the interest of all market participants. T+1 means that market trade-related settlements will need to be cleared within one day of the
05/24/2016
Domestic markets witnessed a volatile trading session on Tuesday but managed to recoup intra-day losses during the afternoon session to close with gains.SP BSE Sensex jumped 198 points or 0.34% to end at 58,664 points while NSE Nifty 50 gained 86.80 points or 0.5% to settle at 17,503. Power Grid was the top Sensex gainer,
05/24/2016
The government has initiated various measures to provide relief and financial support to various sectors of the Covid-19 hit economy, at the same time, fiscal consolidation is also under focus, the Finance Ministry said in a report. Increasing the buoyancy of tax revenue through improved compliance, mobilisation of resources through monetisation of assets, improving efficiency
