-Livemint.com Both fertilizer and agrochemical companies are highly dependent on imports for raw materials. With rupee depreciation exacerbating the rise in prices of raw materials, the profitability of the companies is expected to take a hit this year The forecast of a record foodgrain production in the ongoing kharif season has brought no cheer to agricultural inputs stocks. Shares of Rallis India Ltd lost 3% last week. Dhanuka Agritech Ltd slumped 12%....
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RBI data on Public Sector Banks: In four years, banks' write-off over seven times recovery -Anil Sasi
-The Indian Express Even as the government has been trying to shore up PSB books through equity capital infusion and other measures, stressed assets have registered a steady rise since 2011. New Delhi: Between April 2014 and April 2018, the country’s 21 State-owned banks ended up writing off Rs 3,16,500 crore of loans even as they recovered Rs 44,900 crore written off on a cumulative basis — or less than one-seventh the...
More »Govt keeps job data close to its chest -Basant Kumar Mohanty
-The Telegraph Two reports, published every 3 months of the Quarterly Employment Survey, not released by the Narendra Modi govt New Delhi: Quarterly employment data considered reliable by even critics of the Narendra Modi government have not been released for this year so far, prompting concern the survey may be discontinued to hide potential warts that hold considerable significance in an election year. Two reports of the Quarterly Employment Survey (QES) are due...
More »Hunger deaths have skyrocketed after aadhaar-based authentication came into force, allege Right to Food activists
There is a list available with the Right to Food Campaign (http://www.righttofoodcampaign.in) – a decentralised network of civil society activists and experts who are working together voluntarily for ensuring food and nutrition security – which shows that 56 persons died between May, 2015 and March, 2018 on account of hunger and starvation despite India having passed the National Food Security Act (NFSA) in 2013. The RTF campaign has compiled the...
More »Being highly educated doesn't guarantee you jobs in India anymore -Priyamvada Grover
-ThePrint.in Study by Azim Premji University finds that graduates currently make up over one-third of India’s unemployed population. New Delhi: Graduates and postgraduates are the least likely to find jobs in the country as compared to those without any degrees, according to a study released by the Azim Premji University’s Centre for Sustainable Employment. The study, which states that unemployment among young and highly educated Indians is the highest in 20 years, has...
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