-Livemint.com Digital transactions rose 13.5%—from Rs109.82 trillion in August to Rs124.69 trillion in September, the second highest for a month since the demonetisation exercise New Delhi: Digital transactions in September rose to the second highest monthly level by value since the government’s demonetisation exercise in November. Transactions through digital means rose 13.5% to Rs124.69 trillion in September from Rs109.82 trillion in August, according to provisional data released on Wednesday by the Reserve Bank...
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Baba Ramdev's Patanjali all set to bag Rs 700 cr mid-day meal contract for Uttar Pradesh schools -Shantanu Guha Ray
-Firstpost.com Baba Ramdev's Ptanjali Ayurved Ltd is all set to win a multi-crore contract to manage mid-day meals in Uttar Pradesh schools, according to people in the know. Ramdev and his men have been actively lobbying for the Rs 700-crore contract in New Delhi, reaching out to influential cabinet ministers and making representations as to why the group is best placed to execute the project, the sources said. The contract is currently...
More »Modi's Saubhagya scheme to provide 40 million electricity connections: Some hype, some confusion -Nitin Sethi
-Scroll.in A scheme to give India’s poor people free power connections has been in operation since 2005. But the capacity to provide 24x7 power is still a dream. On Monday, Prime Minister Narendra Modi launched the “Pradhan Mantri Sahaj Bijli Har Ghar Yojana” or the Saubhagya scheme to provide electricity connections to Indians who do not have them. “The government will connect each house, whether it is in village, a city or...
More »Forget fast growth, India is barely holding on. Just look at the data -Chaitanya Kalbag
-The Economic Times Those of us in our sixties, including our prime minister, will remember the goli soda. You used a little wooden gizmo to push in a marble stuck in the mouth of a bottle and guzzled the sweet, fizzy drink with the marble dancing around inside. Then you felt full and happy. But it was mostly gas. It’s feeling a lot like that these days, and PM Narendra Modi must...
More »Why Indians will continue to pay high oil prices despite lower global rates?-Suchetana Ray
-Hindustan Times consumers pay more than 100% tax – central and state levies combined – on petrol and diesel. New Delhi: Fuel prices in India are at a three-year high, although global crude rates halved over the same period, leaving many in the country to wonder why they must continue to pay more for petrol and diesel. The central government says that because states earn more in taxes on petrol and diesel, they...
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