-Live Mint Mahindra and Mahindra Ltd, the world’s biggest tractor maker by volume, cut its forecast for sales growth of the farm equipment in India as the worst rainfall in three years delays crop sowing. Mahindra estimates industry sales to expand as little as 2% in the year ending 31 March, Pawan Goenka, president of the automotive and farm equipment division at the Mumbai-based company, said in an email response on Thursday. Goenka...
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AP issues new guidelines for sand mining in tribal areas -V Rishi Kumar
-The Hindu Business Line Hyderabad, Aug. 24: The Andhra Pradesh Government has announced new guidelines for sand mining in Agency (tribal) areas of Khammam and Warangal to bring transparency and accountability. According to the guidelines issued by the Government, the Andhra Pradesh Mineral Development Corporation Ltd has initiated steps to start sand operations under the control of gram panchayats and tribal societies. This will be under the supervision of district collectors and...
More »UIDAI hopeful of covering 40 cr. people in two years: Nilekani
UIDAI chief holds discussions with Kiran on project’s progress The Unique Identification Authority of India (UIDAI) is hopeful of covering another 40 crore population under the Aadhar cards in the coming two years. UIDAI chairman Nandan Nilekani said the authority had taken steps to address the shortcomings like duplication and fake enrolments identified during the first phase and efforts were underway to develop Resident Database in all States. Mr. Nilekani told reporters after...
More »34% increase in deposits at rural banks-Jaideep Deogharia
-The Times of India RANCHI: If deposits in banks are indicative of prosperity of a region, Jharkhand villages have been blazing quite a trail over the past couple of years. The volume of money deposited with rural bank branches witnessed a whopping 34% increase over the last fiscal as against increase of mere 19% in the urban bank branches. With emphasis on financial inclusion, linking MGNREGA wages with Bank Accounts and...
More »Don’t come on fishing trips, warns Berne-Ashis Ray
-The Times of India Indian government would be in serious breach of its international obligations if it discloses names of Indians having Swiss Bank Accounts, other than being compelled to do so by the judiciary. Speaking to TOI against the backdrop of the recent agitations by Anna Hazare and yoga guru Baba Ramdev for recovery of black money, a spokesman for the federal finance ministry in Switzerland said India "cannot make public"...
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