RBI announces the second set of measures to help banks and NBFCs

A reduction in reverse repo rate, Targeted Long-Term Repo operation (TLTRO) 2.0, are among efforts to increase liquidity. By Vivek Kumar M Keeping up with the expectations of Non-Banking Finance Companies (NBFCs) and Micro Finance Institutions (MFIs), the Reserve Bank of India (RBI), announced several liquidity measures to ensure their healthy functioning amid the COVID-19 […]

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Women’s economic parity still a distant dream in India.

In India, women’s contribution to economic growth is just 17 per cent of the Gross Domestic Product (GDP) as against 37 per cent in the world, says Oxfam inequality report. Vivek Kumar M April 17, 2020 Though the world gradually seems to be moving away from the patriarchal lifestyle, giving equal opportunities to women, India […]

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Agriculture sector raises concern over possible delay in kharif season

Industries in the agriculture sector raised concerns in a meeting with Federation of Indian Chamber of Commerce and Industry (FICCI) that any delay in sowing of Kharif crops may lead to difficulties for farmers and the quality of output may also be impacted. Vivek Kumar M The nationwide lockdown due to coronavirus outbreak has lead […]

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State governments wait for centre to extend lockdown

With just two days to go for the 21-day nationwide lockdown to end, some states have extended the lockdown for the next two weeks, till April 30. Uttar Pradesh and Delhi governments have not made any official announcements as the states are waiting for the centre to announce extension. Vivek Kumar M As the number […]

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For small farmers, local money lenders bring destruction in disguise.

More than one-third of farmers in India take loans from local money lenders and end up bearing the burden of paying interest rate three to four times more than what banks and co-operative societies charge. These farmers do not get the benefits of loan waivers as well. Vivek Kumar MApril 05, 2020 Ningappa, a farmer […]

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Union Budget 2020: Rough ride for Investors; Stock market slides

Sensex and Nifty-50 showed disapproval as the Union Budget 2020 failed to enthuse the stock market. By Vivek Kumar On one hand, where Finance Minister  Nirmala Sitharaman gave taxpayers a choice to go for an alternate tax system, on the other hand, the union budget 2020 has left trade investors disappointed after the stock market […]

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