-Scroll.in/ IndiaSpend.com At the coming COP27, India is pushing for a finance facility that could cover monetary losses caused by climate change. It had been drizzling all day on Wednesday, October 19. Suvarna Vikas Shingda, 30, from Palghar’s Ake-gavhan village sat on the front porch of her hut. In one corner, harvested rice was stacked in piles, the cut sheaves covered with grains. A few days prior, her neighbour had informed her that...
More »SEARCH RESULT
Total Matching Records found : 4031
First Time in 20 Years, Currency in Circulation Declines in a Busy Diwali Week: SBI
-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...
More »When does RBI step in to monitor a bank? -Prashanth Perumal J
-The Hindu Why has the Reserve Bank of India increased its oversight on Dhanlaxmi Bank? What are the reasons for the Thrissur-based private bank’s assets to be under stress? According to Basel-III norms, what is the capital to risk ratio a bank is required to maintain? What lies ahead? The story so far: The Reserve Bank of India (RBI) has placed Dhanlaxmi Bank under tight monitoring with the Thrissur-based private bank’s financial...
More »Jharkhand ration delivery glare -Animesh Bisoee
-The Telegraph Over 19 PVTG families belonging to the Korwa tribe are not getting food grains under the Antyodaya Anna Yojana Jamshedpur: The Jharkhand government going high on its doorstep delivery campaign Apki Yojana, Apki Sarkar, Apke Dwar has reasons to ponder on execution of welfare schemes with several families of the particularly vulnerable tribal group (PVTG) denied rations for seven months. Over 19 PVTG families belonging to the Korwa tribe, one of...
More »Various estimates point towards one conclusion – the number of poor Indians swelled in 2020
The newly released World Bank report has estimated that the number of extremely poor people globally went up by nearly 71 million in the year 2020 as compared to 2019 — a 11 percent increase. Between 2019 and 2020, the number of poor swelled by around 56 million in India. It means that about 79 percent of the total people globally who slipped into poverty during the first year of...
More »
