-The Hindu Business Line Here is the BL Explainer on futures trading ban on select commodities, its benefits, controlling prices, and experts take on it. * What is futures trading? Futures trading is an agreement between two people to buy or sell a commodity at an agreed price on a future date. As per futures contracts traded on an exchange, one party consents to buy a given quantity of commodity with specified quality...
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14-year-old threatens against non-inclusion of eggs in mid-day meal -KM Rakesh
-The Telegraph Influential Lingayat and Hindu seers say they will brook no deviation from a purely vegetarian diet for children Bangalore: A 14-year-old Karnataka schoolgirl has told powerful seers opposing boiled eggs in midday meals they don’t understand the problems of the poor and have no business telling them what they should eat. In a video clip widely shared on social media, Anjali, a Class VIII student of MNM Government Girls School at...
More »‘Withdraw order on mandatory use of health card in govt. hospitals’ -Bishwanath Ghosh
-The Hindu Bengal doctor’s association writes to Mamata saying the order will only fatten wallets of insurance firms A prominent association of doctors in West Bengal has written to Chief Minister Mamata Banerjee, asking her to revoke a recent order that makes it mandatory for patients to use the Swasthya Sathi card while seeking treatment in government-run hospitals. Swasthya Sathi is the Trinamool Congress Government’s insurance scheme providing a cover of ₹5 lakh...
More »As migrant workers return to work, domestic remittances rise -Surabhi
-The Hindu Business Line The trend signals normalisation of economic activities to pre-Covid levels With economic activities reverting to normal on most fronts, domestic remittances by migrant workers, too, has touched pre-Covid level and in fact is even higher, according to payment players. “Things have got back to normal, we see a lot of activity in the market. People have gone back to jobs and continue to send money. That market continues to...
More »Five years of demonetisation: Black Money deals down 75-80%; sales outstrip new supply
-MoneyControl.com In post-DeMo Q4 2016-Q3 2021, sales of approximately 10.37 lakh units outstripped new launches that were at approximately 9.04 lakh units Cash transactions in the housing market have reduced by at least 75-80 percent since demonetisation five years ago. Buyers no longer buy homes to get rid of black money - they now buy them because they want to own homes. But the component is still finding its way into property...
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