-Moneycontrol.com A five-judge Constitution Bench of the Supreme Court was hearing a batch of 58 petitions that challenged the Union Government’s decision to demonetise Rs 500 and Rs 1,000 currency notes six years ago. Junking allegations of any procedural lapses by the Centre during the demonetisation in November 2016, the Reserve Bank of India told the Supreme Court on December 5 that the central bank itself had recommended the Government of India...
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Sparrows are coming back to Delhi finally. A new forest is now their safe haven -Krishan Murari
-ThePrint.in By next year, sparrows counting will be conducted to establish the impact of conservation efforts. It shows that these grassroots efforts can have an impact. A group of tourists enters the thick 42-acre Garhi Mandu city forest, not too far from the Delhi Vidhan Sabha. They tiptoe on raised walking platforms in hushed silence, squinting at the tree tops for a glimpse of the most endangered species of India’s capital. The...
More »Nov services PMI at a 3-month high of 56.4 thanks to new biz expansion -Shiva Rajora
-Business Standard The headline figure has been in the expansion zone for the sixteenth consecutive month since August 2021 India's services activity recovered to a three-month high in November as services firms benefited from accommodative demand. New business inflows rose markedly and at the quickest pace in the last three months. The Purchasing Managers' Index (PMI) for the services sector released by credit rating agency S&P Global improved to 56.4 in November from...
More »Need to make agri credit system equitable -Bishwa Bhaskar Choudhary
-The Tribune The agency-wise share indicates that agricultural credit dispensation in the country is heavily dependent on commercial banks and points towards the poor credit delivery capability of cooperative banks and regional rural banks. THE availability of finance is a key driver of progress in any sector. In the case of agriculture, access to adequate credit assumes vital significance since most of the agriculturists are small or marginal farmers. It has been...
More »Govt in advanced stage to launch Rs 3,500-crore PLI scheme for toy sector -Asit Ranjan Mishra
-Business Standard Dept in advanced inter-ministerial talks; schemes for bicycles, footwear to follow The industry department is in the advanced stage of inter-ministerial consultation for launching a production-linked incentive (PLI) scheme for both traditional and mechanical toys worth Rs 3,500 crore, which will be followed by PLI schemes for bicycles and footwear. “Discussions for PLI for toys are at an advanced stage. PLIs for bicycles and footwear are also under formulation,” a government...
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