-The Indian Express As every city in the state saw people coming out on the roads this time, even the industrial town of Ludhiana, which usually never rises to such calls, saw people supporting the Bandh. Ludhiana: While the protests against Centre’s farm laws have been driven majorly by farmers, Tuesday’s Band saw an outpouring of support from urBan areas in Punjab. As every city in the state saw people coming out on...
More »SEARCH RESULT
Total Matching Records found : 12809
EMI crisis creeping up on borrowers -Shayan Ghosh
-Livemint.com * The spike in auto-debit failures suggest that the pain may have only just begun for India’s small borrowers * With mandatory EMI repayments kicking in since September, many feel the available recast options and a waiver of compound interest are not sufficient. India may be staring at a loan crisis MUMBAI: For someone who had never defaulted on any loans before March this year, Monica Keerthi Karri gets quite harried at...
More »Real power is with Centre, which holds the purse-strings in these fiscally-challenging times -Harish Damodaran
-The Indian Express Post 2014, two centralisations — of political and economic power — continue to reinforce each other, with profound consequences for the country and potential to define popular narrative in days ahead. The return of single-party dominance and its implications for politics after nearly 25 years of minority/coalition governments at the Centre (December 1989-April 2014) has been widely commented upon. As have concerns over rising corporate market power and their...
More »Farmers set ultimatum on repeal of new agriculture laws -Priscilla Jebaraj
-The Hindu Government seeks more time to respond; more talks on December 9. After four hours of discussion with Central Ministers on the tenth day of their ongoing protests on the borders of Delhi, farmer leaders ran out of patience. Refusing to speak any further, they went on a 25-minute “maun vrat” or silent protest. Holding up impromptu placards with a short scribbled message, “Yes or No?”, they demanded that the government declare...
More »RBI upgrades GDP forecast, expects economy to shrink 7.5% this fiscal
-Livemint.com The economy is recuperating faster than anticipated, the RBI chief said The Reserve Bank expects GDP to contract 7.5% this fiscal, said central Bank chief Shaktikanta Das while announcing monetary policy committee decision to keep interest rate unchanged. This is an upgrade from the central Bank's earlier forecast of 9.5% contraction in its October review. The economy is recuperating faster than anticipated, the RBI chief said, adding that the recovery in...
More »
