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Revealed: River of anonymous election cash that flowed to Calcutta -Anita Joshua

-The Telegraph Figures in May take the total amount of money invested in this opaque source of funding since January to Rs 4,794 crore Electoral bonds accounting for the maximum amount of political donations in India in May were sold in Calcutta, according to information accessed by a citizen through the Right to Information route. Of the bonds worth Rs 822 crore that were sold in select outlets of the State Bank of...

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Good monsoon, govt support could revive rural demand -Ratna Bhushan & Sagar Malviya

-The Economic Times   Forecast of a normal monsoon and extension of PM Kisan scheme likely to boost rural income, say cos.   NEW DELHI| MUMBAI: Rural demand for groceries and daily essentials, which showed signs of slowing in the past three quarters, could revive after New Delhi extended the assured income support (PMKisan) scheme for farmers. Expectations that rains would be normal this monsoon season should also lift buying power in the...

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Bank Frauds Zoom to Rs 71,500 Crore in 2018-19

-PTI A total of 6,800 cases of fraud were reported by scheduled commercial Banks and some financial institutions in last fiscal, the RBI said in an RTI query. New Delhi: Over 6,800 cases of Bank fraud involving an unprecedented Rs 71,500 crore have been reported in 2018-19, the Reserve Bank of India (RBI) has said. A total of 5,916 such cases were reported by Banks in 2017-18 involving Rs 41,167.03 crore, it said. As...

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Rs.3,000 monthly pension for kirana shopkeepers, traders: All you need to know

-Livemint.com * The new scheme is a part of Prime Minister Narendra Modi's universal social secuity programme * PM Narendra Modi's new pension scheme aims at benefiting over 3 crore traders and shopkeepers The newly-inducted Union Cabinet, in its first meeting, approved a mega pension scheme to provide a minimum assured pension of Rs.3000 per month to all small shopkeepers and retail traders. The new scheme is a part of Prime Minister Narendra Modi's...

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