-The Times of India MUMBAI: Debit cards have conclusively displaced credit cards as the primary mode of payment in the country following demonetisation. Until October last year, despite outnumbering credit cards by a factor of more than 25, debit cards accounted for only 42% of the total card spend. This has jumped to 60% after demonetisation, which was announced on November 8, 2016. The change is largely driven by small public sector...
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Arid land yields a bounty of succulent fruits -Azera Parveen Rahman
-The Hindu Business Line Kutch presents an example of robust desert horticulture Over the past decade, the total horticultural land under cultivation of fruits such as pomegranate, mango and date palm has doubled in Kutch and its fruit production has trebled. And why is this a surprise? Because this semi-arid region in Kutch has, through 10 years of toil, transformed the landscape and set an innovative example in desert horticulture. Adversity, they say, can...
More »Lucknow goes veg: Meat, eggs off menu as sellers begin strike in Adityanath's UP -Pankaj Jaiswal
-Hindustan Times Lucknow: Not just buffalo meat, Uttar Pradesh capital Lucknow is fast heading towards a non-vegetarian crisis as entire chicken, goat meat and egg markets have begun shutting down. While more than 80% markets of non-vegetarian items already downed shutters on Friday, various traders’ associations have declared strike from Saturday. Under the circumstances, vegetable prices, which were on the decline for last one week, are likely to register a steep hike. “The indefinite...
More »Tamil Nadu: Lion's share of Bank loans against gold, villages fall prey to loan sharks -Arun Janardhanan
-The Indian Express Census data of 2011 shows a 17.74 per cent increase in worker population since 2001, indicating a crucial shift from farms as productivity fell. Thiruvarur: B CHANDIRAN is the only male member below the age of 50 in Dalit-dominated Oradiymbalam Jeeva Nagar village in Nagapattinam district. Hunted by loan sharks, the other men in this village of over 60 families have left, and are now doing menial jobs...
More »Par panel to summon RBI Governor Urjit Patel again on April 20
-PTI Besides Patel, Economic Affairs Secretary Sashikanta Das and Financial Services Secretary Anjuly Chib Duggal are also being asked to appear before the Committee. A Parliamentary panel has decided to summon Reserve Bank Governor Urjit Patel again to explain how much of the junked currency has been deposited in Banks post note Ban and the progress made in remonetisation. The meeting of the Standing Committees on Finance, headed by former cabinet minister M...
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