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India’s 20 Largest Profit Generators Are Earning 80% Of the Nation’s Profits - Nandita Rajhansa, Saurabh Mukherjea

A decade ago, this figure was around 40%. This is leading to an INCreasingly polarised stock market - Marcellus/The Wire The United Payments Interface and the digitisation of business activity in India are one of the several factors driving an exponential surge in the concentration of corporate profitability in India. Improvements in transport infrastructure (e.g., the highway network has doubled over the past decade), the introduction of GST (in 2017) and new...

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Joshimath subsidence: Supreme Court agrees to hear plea on January 16 - The Telegraph

The Telegraph/PTI A bench comprising Chief Justice DY Chandrachud and Justice P S Narasimha, however, refused to list the plea for urgent hearing The Supreme Court on Tuesday agreed to hear a plea on January 16 seeking it’s intervention to declare the crisis in Uttarakhand's land subsidence-hit Joshimath as a national disaster. A bench comprising Chief Justice DY Chandrachud and Justice PS Narasimha, however, refused to list the plea, filed by Swami...

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Fall in India nominal GDP growth in FY24 to challenge fiscal math - Ira Dugal

Reuters India's nominal GDP growth is likely to fall in FY 2023-24, hurting tax collections and putting pressure on the federal government to reduce the budget gap by cutting expenses ahead of national elections in 2024. Nominal GDP growth, which INCludes inflation, is the benchmark used to estimate tax collections in the upcoming budget to be presented on Feb. 1. It is estimated to be around 15.4% for the current financial year....

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How India’s rulers have dashed the hopes of its younger citizens -Santosh Mehrotra

-Scroll.in INCreasing unemployment is a major cause for concern. Politicians constantly talk about India being a young country, sINCe two-thirds of the population is under 35 years of age and half of it below 26. Some economists consider this an automatic boon for the economy, sINCe there is a limitless number of workers who could contribute to India’s productive capacity. Finance and investment giant Morgan Stanley, in a report released in November, identified...

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Hemant Soren urged to provide eggs in midday meals five days a week -Achintya Ganguly

-The Telegraph According to national family health survey, 67.5 per cent of children in state below the age of 5 years are anaemic while 39.4 per cent are underweight Ranchi: About 200 concerned citizens wrote an open letter to Jharkhand chief minister Hemant Soren on Saturday, urging him to provide eggs in midday meals for schoolchildren five days a week. “We are dismayed to note that the Jharkhand government’s long-standing promise to INClude...

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