-TheWire.in A Reuters poll suggested inflation rose to an annual 7.3% in September from 7% in the previous month. If realised, that would be the highest since May 2022. Bengaluru: India‘s retail inflation accelerated to a five month high of 7.3% in September Due to surging food prices, staying well above the Reserve Bank of India‘s (RBI) upper tolerance band for a ninth month, a Reuters poll found. Fueled by erratic rainfall and...
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Financial inclusion of MSMEs and its impact on society -Hardika Shah
-The Hindu Business Line Why access to capital for MSME entrepreneurs has the potential to alter India’s social fabric India’s social fabric has undergone a series of transformations since Independence. After the liberalisation of the economy in the 1990s, the market opened up and employment opportunities grew, as did the spending power and standard of living of the average Indian. As financial access grew, so did social mobility. However, certain sections have lagged...
More »Residential Rooftop Solar Installations May Increase by Around 60% By FY23-End: Report -Aathira Perinchery
-TheWire.in However, some experts have pointed out that a 60% rise might be an overestimate – because currently, the demand comes from only very few states. But it will increase only if the demand rises in more states. Kochi: India’s residential rooftop solar capacity could increase by approximately 60% by the end of financial year 2022-23 as compared to the last fiscal, according to a report by the Institute for Energy Economics...
More »‘Low immunity, hard to isolate’: How ageing stray cattle contributed to lumpy skin disease outbreak -Sayantan Bera
-ThePrint.in Free movement of unproductive cattle prone to infections has proven to be a severe challenge in restricting the viral disease and contributed most to mortality load, say experts. New Delhi: Over the past few years, the rising population of stray cattle has been a menace to farmers. In several states in northern India, farmers regularly guard their fields at night and spend thousands on fencing to protect their crops. But the impact...
More »Indians Account for 80% of Those Who Became Poor Globally in 2020 Due to COVID-19: World Bank -Vikram Mukka
-TheWire.in In its latest report 'Poverty and Shared Prosperity 2022: Correcting the Course', the World Bank flagged concerns over how the lack of official data on poverty from India affects the world in drawing up global poverty estimates. New Delhi: A study by the World Bank has concluded that nearly 80% of people who slipped into poverty in 2020 Due to the COVID-19 pandemic hailed from India. Out of 7 crore people...
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