-TheWire.in Science helped India feed itself. Now, there is a clear need for re-imagination for Indian agriculture to bring it in consonance with the ecological requirement of various regions. While we celebrate 75 years of India’s independence, there is one area of which we can justifiably be proud. Even though the green revolution has lately attracted lot of criticism for a variety of damages to soil, water and environment, there is no doubt...
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Rupee Co-operative Bank’s collapse leaves many depositors in distress -Siddhi Nayak
-Moneycontrol.com Rupee Co-operative Bank's depositors are dealing with financial hardships and navigating family emergencies as they struggle to access their own money In the 1990s, Virendra Kumar Joping’s father, a small-time carpenter, came to Pune from Rajasthan to earn a living. Over the years, he saved his hard-earned money by opening a fixed deposit in Rupee Co-operative Bank. Rupee Co-operative Bank was among the trusted names in Pune. Little did the Joping family...
More »CAG raises concerns over Centre’s ballooning debt, Interest burden
-The New Indian Express Meanwhile, data released by the department of economic affairs in the Finance Ministry showed Interest paid on debt has increased to Rs 8.05 lakh crore in FY22 from Rs 6.80 lakh crore in FY21. NEW DELHI: The Comptroller and Auditor General (CAG) of India have raised concern over increasing Central government debt as several indicators gauging the sustainability of debt have turned unfavourable since 2015-16. The CAG in...
More »Macrovariable projections in uncertain times -Arun Kumar
-The Hindu International factors and faulty data will impact India’s projections of GDP, inflation and balance of payments The Fed has raised its benchmark Interest rate again by a whopping 0.75%. The Reserve Bank of India has also been forced to raise Interest rates further but also take other steps. These decisions in the Monetary Policy Committee (MPC) meeting are based on what the members of the MPC see as the likely...
More »Sahara India Group: Rs1.12 Lakh Crore of 129.6mn Investors Remains 'Stuck', Says Govt
-MoneyLife.in Nearly 130mn (million) investors have investments of over Rs1.12 lakh crore 'stuck' in six companies of the Sahara group. Market regulator Securities and Exchange Board of India (SEBI) has been facilitating the repayment of principal and Interest to the investors who invested in optionally fully convertible debentures (OFCDs) of Sahara India Real Estate Corporation Ltd (SIRECL) and Sahara Housing Investment Corporation Ltd (SHICL), the Union government told the Lok Sabha. In...
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