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Digital transactions rose 13.5% to Rs.124.69 tn in September: RBI -Komal Gupta

-Livemint.com Digital transactions rose 13.5%—from Rs109.82 trillion in August to Rs124.69 trillion in September, the second highest for a month since the demonetisation exercise New Delhi: Digital transactions in September rose to the second highest monthly level by value since the government’s demonetisation exercise in November. Transactions through digital means rose 13.5% to Rs124.69 trillion in September from Rs109.82 trillion in August, according to provisional data released on Wednesday by the Reserve Bank...

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India gets increasingly monsoon-proof in farm output, but some areas still vulnerable -Sandip Das

-The Financial Express Indian agriculture’s reliance on monsoon rainfall has reduced considerably over the last few years thanks to the increase in area irrigated, although there are still pockets — particularly in east and central India — where rains still are a decisive determinant of crop. Key grain-producing states Punjab, Haryana, Andhra Pradesh, Telangana, Madhya Pradesh and Uttar Pradesh have most of the cropped areas under irrigation coverage (see table). Unless...

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SC glare on 'political bonds'

-The Telegraph New Delhi: The Supreme Court today sought the response of the Centre and the Election Commission on a joint petition filed by NGOs challenging amendments to the 2016 and 2017 Finance Acts that allegedly allow unfettered donations by corporate houses in India and foreign entities to parties in the name of "political bonds". According to advocates Prashant Bhushan and Neha Rathi, appearing for the NGOs Association of Democratic Reforms and...

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Premium trains run empty -Vedika Chaubey

-The Hindu Flight tickets are often cheaper than train fares on these services thanks to the flexi fare system Railway Minister Piyush Goyal’s announcement last week that the public transporter was reviewing the scheme of flexi fares introduced in September last year reflects the paradox of a surge in railway revenue even as premium trains run with vacant seats. While Railway revenues have surged by Rs. 500 crore in the one year since the...

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How palm oil from Malaysia fired the Patel agitation in Gujarat -M Rajshekhar

-Scroll.in It is hard to understand why the Indian government continues to favour palm oil imports over homegrown edible oils in Gujarat and elsewhere. Dhirubhai is in dire straits. He can no longer recover his investments on the groundnuts he grows on three acres of land along the Junagadh-Verawal road in Gujarat. In a good year, he grows 100 kilos of groundnuts – or peanuts – for every Rs 4,000 he invests....

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