-The Telegraph New Delhi: A robust farm growth of 5.2 per cent in the March quarter pushed GDP growth up to 7.1 per cent. However, growth in the SECtor was lower than the previous quarter's expansion of 6.9 per cent. Farm growth for the full fiscal zoomed to 4.9 per cent because of good rainfall and record food-grain production compared with a near flat 0.7 per cent expansion in 2015-16. "The third...
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Moderation row: HRD, CBSE not on same page -Manash Pratim Gohain
-The Times of India NEW DELHI: The divergence between the government and the Central Board of SECondary Education (CBSE) over the controversy over moderation of results has widened with the board's decision to do away with re-evaluation of answer sheets. The ministry of human resource development and the CBSE were not on the same page over the decision to do away with moderation — thereafter struck down by the Delhi high court...
More »The Indian economy finally bares its demonetisation scars -Manas Chakravarty
-Livemint.com Very low GDP growth in the fourth quarter indicates that the slowdown is likely to persist in the current quarter as well Finally, the impact of demonetisation is visible in the gross domestic product (GDP) numbers. Gross value-added (GVA) growth at constant prices fell to a mere 5.6% in the fourth quarter of fiscal year 2017 (FY17), clearly showing the scars of demonetisation on the economy. That’s not all. The headline growth...
More »Norms to protect customer in fraudulent transaction soon: RBI
-PTI MUMBAI: Reserve Bank will soon come out with final guidelines on customer protection which would limit customers liability in case of unauthorised electronic banking transactions, RBI deputy governor S S Mundra said on Tuesday. Last year in August, RBI had issued draft circular on limiting liability of customers in case on fraudulent banking transactions, resulting in debits to their accounts or cards. RBI had asked comments and suggestions on the same. "Based...
More »This year to see highest-ever yield of fruit, spices, flowers & veggies
-The Times of India NEW DELHI: India is likely to have the highest ever production of horticulture crops, including fruit and vegetables, in the 2016-17 crop year, ending June. The total production is estimated at 295 million tonnes, 3.2% higher than in 2015-16. The estimate shows that 2016-17 will be the fifth straight year when India's horticulture production will outstrip that of foodgrains. The foodgrain production for 2016-17 is estimated at 273.38...
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