-CaravanMagazine.in In the budget unveiled in July, the finance minister Nirmala Sitharaman ambitiously claimed that India’s economy would hit $5 trillion by 2025. In the weeks that followed, the Central Statistics Office revealed that the gross domestic product growth rate for the April–June quarter fell to a six-year low of five percent; the Reserve Bank of India cleared a surplus transfer of Rs 1.76 lakh crore to the union government; and...
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Dr. Manmohan Singh, former Prime Minister of India, interviewed by Richa Mishra (The Hindu Business Line)
-The Hindu Business Line The government must simplify and rationalise GST, kickstart rural consumption, revive agriculture and tackle the lack of credit for capital creation, says former PM Former Prime Minister Manmohan Singh, an eminent economist himself, feels that the Narendra Modi-led government needs to come out of its habit of headline management and address the economic challenges which the country is facing today. “We cannot afford to deny that India is facing...
More »How No Food Waste works to redistribute surplus food to the needy in Tamil Nadu -Nahla Nainar
-The Hindu The world sits up and takes notice when surplus food feeds the hungry, instead of ending up in the bin, say volunteers of No Food Waste How often do we think of surplus food that has gone untouched at a wedding banquet, restaurant or office canteen. What happens to the leftovers? Coimbatore resident G Padmanabhan and his friends Sudhakar Mohan and N Balaji began No Food Waste (NFW) in 2014 with...
More »In Haryana, workers laid off from the automobile sector struggle to find new opportunities -Vijayta Lalwani
-Scroll.in Some of these workers had found temporary jobs with political parties for the upcoming Haryana Assembly elections. Rahul Kumar Sharma, 22, worked in the welding department of an auto-component company in Manesar, Haryana, fixing nuts and bolts that would be later assembled to form a car door. He had joined the company in June 2017. The work hours were gruelling. For a nine-hour shift, he earned a monthly salary of Rs 9,765...
More »Sensex slips 769.88 points after heavy selloff in banking, energy and auto stocks
-The Telegraph/ PTI Among top losers were ICICI Bank, Vedanta, HDFC, Tata Motors, Tata Steel, ONGC, IndusInd Bank, NTPC, M&M and L&T The sensex nosedived 769.88 points to end at 36,562.91 and the Nifty tanked 225.35 points to 10,797.90 today after heavy selloff in banking, energy and auto stocks as a slew of macroeconomic data releases suggested a worsening economic slowdown. Top losers in the sensex pack included ICICI Bank, Vedanta, HDFC, Tata...
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