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The spirit of mahua -Diya Kohli

-Livemint.com The production of ‘mahua’ is finally entering the formal economy as new initiatives seek to upscale this indigenous drink, selling it across the country and even the globe It is a cloudy morning in Nangur village in Bastar district, Chattisgarh. It is a settlement of a little over 400 families, considered fairly large in these parts. We make a bumpy journey down a narrow, unpaved road intermittently shaded by sargi (sal)...

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New EPF enrolment during Sep., 2017 to Apr., 2018 confined to a few industries & states, indicates data

  A document of the Ministry of Statistics and Programme Implementation (MoSPI) dated 25th June, 2018 says that the number of members subscribing to the Employees' Provident Fund (EPF) scheme gives one an idea of the level of employment in the formal sector viz. mostly employment in establishments employing 20 or more persons (though EPF is applicable for certain organisations, which employ less than 20 persons, subject to certain conditions and...

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Rs 1 billion needed to recalibrate 240,000 ATMs for new Rs 100 notes -Nikhat Hetavkar & Arup Roychoudhury

-Business Standard The difference in dimensions of the old and new Rs 100 notes could pose a serious problem Mumbai/ Delhi: New Rs 100 notes will require a recalibration of 240,000 automated teller machines (ATMs) across the country, and the process will cost the industry about Rs 1 billion and take more than a year, said ATM operators. The Reserve Bank of India (RBI) announced on Thursday it would soon release lavender-coloured Rs...

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Why NPCI and Facebook need urgent regulatory attention

-The Economic Times The world’s oldest networked infrastructure, money, is increasingly dematerialising and fusing with the world’s latest networked infrastructure, the Internet. As the network effects compound, disruptive acceleration hurtle us towards financial utopia, or dystopia. Our fate depends on what we get right and what we get wrong with the law, code and architecture, and the market. The Internet, unfortunately, has completely transformed from how it was first architected. From a...

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How TV ratings are 'fixed' -Cherry Agarwal

-Newslaundry.com Small sample size, ‘panel tampering’ and conflicting interests are just some of the problems that plague TV viewership measurement in India. Hansa Research Private Limited, a Mumbai-based global market research company, on April 8 registered a complaint at Gwalior's Madhav Ganj police station following a leak of Broadcast Audience Research Council-related information by one of Hansa Research’s employees. The accused were booked under Sections 420 (cheating), 406 (criminal breach of trust) and...

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