-The Telegraph In a remarkable development, for the first time in 20 years, currency in circulation (CIC) declined during Diwali week. With the increased acceptance of digital payments in the country, over-reliance on cash is slowly fading away. Over the years, the Indian cash-led economy has now changed to a smart-phone led payment economy, says a research note.   In the report, Dr Soumya Kanti Ghosh, group chief economic adviser of State Bank...

-Hindustan Times The move will cushion prices of crop nutrients that are governed by the Centre’s nutrient-based subsidy (NBS) scheme New Delhi: The Cabinet Committee on Economic Affairs chaired by Prime Minister Narendra Modi on Wednesday approved an additional ₹51,875 crore subsidy for phosphatic and potassic (P&K) fertilisers for the rabi or winter-sown season, amid high global prices. The move will cushion prices of crop nutrients that are governed by the Centre’s nutrient-based...

-TheWire.in Bhatt is a recipient of the Padma Bhushan, India's third-highest civilian award. New Delhi: Renowned women’s rights activist, Gandhian and founder of the Self Employed Women’s Association (SEWA) Ela Bhatt passed away in Ahmedabad on Wednesday. She was 89. “It is with profound grief that we announce the passing away of our beloved and respected founder, Smt. Elaben Bhatt, a pioneer in advocating for women workers’ rights, we strive to carry her...

-Hindustan Times The exemption on stock limits will also apply to big-chain suppliers and super markets, the government added, in a move aimed at easing tight controls over stocking of edible oils due to high prices New Delhi: The Union government said in a notification issued Tuesday that it has lifted restrictions on stocks of edible oil wholesalers can store owing to an increase in global supplies and stable domestic prices. The exemption...

-NDTV.com There were a "series of lapses", authorities have said, including the use of "substandard" materials for the renovation of the bridge in Morbi. Morbi, Gujarat: There were a series of lapses in the renovation of the pedestrian bridge in Gujarat's Morbi which collapsed four days after it was reopened, killing 135 people on Sunday, the police have told a court, seeking the custody of those accused. Here are 10 lapses that authorities...