The extent to which banks are using data to lend to SMEs can grow dramatically as almost every bank is working towards this initiative as there is a big opportunity, said the SBI chairman.

Transfer amounts should also be linked to CPI. While PM-KISAN covers only farmers and is much more expensive and exclusive, such a transfer would avoid narrow coverage, also avoiding inclusion/exclusion errors

As more governments integrate the service—Himachal Pradesh was latest to do so, on April 21—one can expect traffic to increase.

Idealist notions of the State overtaking the Market as the one in charge are unfounded.

Can’t blame Corona for crisis, investment choice was poor

The Centre's fiscal management of the Covid crisis vis-a-vis availability of funds to states might result in creating a coercive, rather than a cooperative federalism.

Even a 25% fall in their incomes due to the lockdown will make 354 mn more people poor. fixing this with cash transfers will cost the govt Rs 19,500 cr per month.

Rishi Kapoor was old Bollywood, but he was also cracklingly fresh, spoke to an India trembling on the cusp of a new era

The world must use this opportunity to fund global public goods and rebuild global systems to fight the right battles.

In India, which is the biggest democracy in the world with over 1.3 billion people, the question of public health has never been debated in public.

The Covid 19 crisis is an opportunity to redefine tax policy and law. A calibrated approach to balance welfare economics with a vision to pioneer economic activity and national growth is needed.

The lockdown is an opportunity to mainstream sustainability in economic policy as it has made citizens amenable to decisions that have a high discount rate.

Lack of PPE & shortage of testing kits is a real issue.

The proposed amendments must focus more on how to deal with the prevalent losses than to bring in more complex enforcement mechanisms

India’s share of world manufacturing output is just 3%; it can easily be raised to 6% in 3-4 years, and 15% by 2030

Building infrastructure to enable remote working will boost economy.

The lockdown has added significant impetus, however, to e-sports or online sports, which are fast becoming a mainstream activity.

With wage-flow stoppered, and unable to get ration in the cities, most migrant workers have had to rely on food distribution by government and NGOs.

According to an Indian Express report, on May 3, the Gautam Budh Nagar Police issued an order that all residents of Noida or Greater Noida, and anyone entering the city will need to download the Aarogya Setu app.

The Katoch committee, in 2015, had proposed several measures like setting up parks for API, providing capex, and subsidised loans to boost domestic production of APIs.

The Delaware Division of Public Health (DPH) is announcing eight additional fatalities related to coronavirus disease 2019 (COVID-19) and is providing an update on the number of positive cases and recovered individuals. All data reported through the daily updates are based on data received as of 6 p.m. the previous day.

The Xiaomi Mi Note 10 Lite attracted a lot of interest in last week's poll - the sentiment is positive, though some wish the price was lower. As it stands, it's quite close to the vanilla Mi Note 10 and some people are willing to pay extra to get not one but two telephoto cameras. More than half of voters are interested in the Lite model, though most of them will wait for a promotional price before pulling the trigger. Only 18% of voters think that the recently-discounted Mi Note 10 is a better buy. Whether you go with the Note 10 or Note 10 Lite, it's still a win for Xiaomi, of...

In the age of social media, digital technology, IoT and 3D printers, it is difficult for a lot of people to understand the delays in creation of a vaccine for the new disease.

Podcasts are looking like an increasingly viable channel to engage with customers

The CEO and cofounder defines adaptive messaging and shares the number one mistake marketers make when it comes to thinking about this concept. Plus, hear how Mary Poppins inspired his company's name

It's been nearly two months since the last UFC show, but now the biggest MMA promotion is back with a stacked card and a world title double-header at the top of the bill. Follow our live updates throughout the night.
Read Full Article at RT.com

US courts have been heavily relying on a 50-year-old legal loophole to shield cops from misconduct allegations, an investigation by Reuters claims. It allows officers to get off the hook even when their conduct is deemed unlawful.
Read Full Article at RT.com

As trade tensions escalate between Washington and Beijing, India is boosting efforts to lure more than 1,000 US businesses out of China, reportedly offering to ease tax and labor laws, and allowing easier access to land.
Read Full Article at RT.com

Justin Gaethje produced the performance of a lifetime to demolish Tony Ferguson and win the interim lightweight title at UFC 249, and one man distinctly impressed was Khabib Nurmagomedov - the fighter he will likely face next.
Read Full Article at RT.com

More than a hundred soldiers were involved in a confrontation along the contentious Indian-Chinese border in the Himalayas, Indian media reported. The encounter allegedly left injuries on both sides.
Read Full Article at RT.com

If this isn't real yet, surely it soon will be...

Kerala Chief Minister Pinarayi Vijayan remembered his mother on Mother's Day and said that the courage and determination with which his mother faced the life, taught him valuable lessons and laid the...

According to Dun & Bradstreet's latest Economy Forecast, the changes in consumer behaviour will determine the segments that are likely to flourish after the pandemic is brought under control.

He added that the Department for Promotion of Investment and Internal Trade is working to create a genuine single window for setting up factories and manufacturing units.

While our immediate priority must be to protect people from the pandemic and contain its spread, ensuring food security and preventing more people to fall below poverty line (BPL) should also be on focus.

“With Covid-19 onslaught, the government has shown tremendous resolve to counter the fallout through socio-economic packages ranging from direct cash transfer to poor and farmers to free food to the needy.”

Even as India is the second-largest consumer of gold, it imported only 50 kg of gold in April, compared to 110.18 tonnes in the same month a year ago.

The WTO work programme defines electronic commerce as the production, distribution, marketing, sale or delivery of goods and services by electronic means.

The recommendations are part of a report titled 'COVID-19: Challenges for the Indian Economy - Trade and Foreign Policy Effects'.

Amid the lockdown, around 39 crore poor people have received financial assistance of Rs 34,800 crore under the Pradhan Mantri Garib Kalyan Package (PMGKP).

The 27-nation EU economy is predicted to contract by 7.5 per cent this year, before growing by about 6 per cent in 2021.

Even as various companies such as Tata Chemicals and NIVEA India have come forward to make hand sanitizers, the government does not want to take a risk by allowing the companies to export the product.

"I will be able to report on that at the end of next week," he told reporters at the White House, when asked if China is fulfilling its obligations as detailed out in Phase I of the trade deal signed between the two countries in January.

The government’s surprise move to increase excise duty and cess on petrol and diesel may not help the exchequer in raising tax revenues by much.

Moody's had, in November 2019, downgraded India's outlook to negative from stable on concerns of lower economic growth.

The record excise duty hike on petrol and diesel will not help the government bridge the fiscal gap as planned, nor will it help boost economic growth as consumption demand will further be crippled, warns a report. Despite crude prices trading at a two decades low, the government had earlier this week hiked excise duty […]

Food Secretary Sudhanshu Pandey said already intra-state ration card portability is being used, but the transactions are not significant.

Leung Chun-Ying, Hong Kong's Chief Executive, has opposed the plan to impose an entry tax for the foreigners who are entering the territories by land.Two democratic parties of Hong Kong had proposed US$ 13 tax to restrict the inflow of mainland tourists.There…

On 09th, April 2014, Hong Kong's city government has said that around 1,181 travel documents have been identified as forged at the International Airport of Hong Kong over the previous 3 years.Lai Tung kwok, Hong Kong's Secretary for Security has said…