-Business Standard Over the past four years, through its twin policies of Jan Dhan Yojana and demonetisation, the govt has taken necessary steps to expand banking services substantially. Mumbai: People’s demand for cash continues to head northwards compared to pre-demonetisation levels despite the frequency of digital transactions going up and a substantial increase in bank deposits since November 2016. Currency with the public (CwP), or people’s demand for cash or currency, is 7...
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54 lakh ha covered as kharif sowing picks pace; cane area up
-The Hindu Business Line New Delhi: Sowing in the current kharif season has commenced in right earnest with an area of 54 lakh hectares (lh) brought under cultivation till Friday, according to data released by the Agriculture Ministry. A total of 55 lh was covered during the same period last year. This is despite the fact that the total live storage capacity in 76 reservoirs used for irrigation stood at 22.66 billion...
More »Poor land use can cost the world $23 trillion by 2050
-Down to Earth If the world spends even a fraction of the predicted loss, it can reverse land degradation, which affects the poorest the most The world will lose $23 trillion by 2050 due to land degradation, warns a United Nations Convention to Combat Desertification (UNCCD) review. In comparison, only US $4.6 trillion, a fraction of the predicted losses, will be required to rectify what is one of the biggest threats...
More »Finance Ministers of 6 states to discuss 15th Finance Commission on Monday
-PTI The Finance Ministers conclave would push for the 2011 population weightage to remain at 10% Amaravati: Finance ministers of six states, including host Andhra Pradesh, will meet on Monday to discuss the terms of reference of the 15th Finance Commission and its fallout for states. Chief Minister N Chandrababu Naidu will inaugurate the day-long conclave at the Secretariat at 10 am, state Finance Minister Yanamala Ramakrishnudu said in a statement on Sunday. Andhra...
More »India Braces for Oil Blowback as Trump Set to Announce Decision on Iran Deal -Noor Mohammad
-TheWire.in If Trump carries out his threat of pulling the US out of the deal and re-imposes sanctions on the Persian Gulf country, oil prices could start soaring, hitting India and other major crude importers hard. New Delhi: The global oil market is waiting with bated breath for US President Donald Trump’s next move on the Iran nuclear deal, expected to be announced on Tuesday, four days ahead of the May 12...
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