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Rationale behind raising Interest rates -Sashwath Swaminathan nd Anand Srinivasan

-The Hindu A critical facet of the consequences of an Interest rate increase is the correction of asset prices. Interest rates act as gravity to stock market prices The Federal Reserve and other central banks around the world have raised Interest rates to curb inflation. The rationale behind raising Interest rates is that the cost of borrowing rises whenever they are raised, and the incentive to save and invest rather than consume...

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Jharkhand focus on farm credit scheme -Animesh Bisoee

-The Telegraph Drought-like situation prompts the state to widen reach Jamshedpur: Jharkhand, staring at a drought-like situation, has set an ambitious target of linking 25 lakh farmers with the Kisan Credit Card (KCC) scheme by March 2023. The Kisan Credit Card (KCC) loan is available to farmers at a seven per cent Interest rate, with a waiver of three per cent of the Interest by the Centre, when the loan is repaid within...

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SC issues notices on omnipresent Prime Minister’s images

-The Telegraph Malaise has become such that even rations are being distributed in sacks with photos of PM, says petition The Supreme Court on Monday issued notices to the Centre and the states on a public Interest plea that alleges blatant misuse of government advertisements by ruling parties, and refers to the use of the Prime Minister’s images on Covid vaccine certificates, ration cards and PDS grain sacks. The petition, moved by the...

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Jobless and losing hope: The downturn of India's workforce -Kunal Kumar Kundu

-Deccan Herald The triumvirate of structural, cyclical and policy implementation challenges all have a role to play in this undesirable outcome While India’s unemployment challenge has assumed a worrying proportion and is now being looked at as the most important headwind for the prospect of post-pandemic economic recovery, it was a long time in the making. The triumvirate of structural, cyclical and policy implementation challenges all have a role to play in this...

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What’s ‘stopping’ India Inc from investing in India? -Vivek Kaul

-Newslaundry.com The finance minister asked a valid question. Here’s the answer. Last Tuesday, finance minister Nirmala Sitharaman asked India’s corporate honchos why they were not investing in the Indian economy. “I want to hear from India Inc,” she said, “what’s stopping you when countries and industries abroad think this is the place to be.” This is a valid question. In this piece, we will try and piece together why India Inc, as corporate India...

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