The Vice Chief of Army Staff Lt Gen Sarath Chandhas had earlier told the Parliamentary Panel on Defence that the 2018-19 Budget ‘had dashed their hopes’.
Maharashtra has a lopsided allocation of resources that favors certain crops and orphans others, which further aggravates the issue of farmers' incomes.
Despite a dip in retail inflation in February, the Reserve Bank of India is unlikely to reduce key policy rates in 2018, analysts at brokerages said today.
Risks like the higher minimum support prices (MSPs) for food grains promised in the budget, according to them, can push up the inflation in the next fiscal year.
India's oil imports from Venezuela averaged around 300,000 barrels per day (bpd) between November, 2017 and February, 2018, a drop of about 20 percent from the same period a year earlier and the lowest such level since 2012, according to data from shipping sources and industry.
The farmers in Maharashtra have called off their protest after the state government agreed to look into their demands. One of the key demands of the farmer community has been the implementation of the Swaminathan Panel report which ask that the minimum support price (MSP) should be 1.5 times to their cost of production.
Both public sector and private sector players saw a healthy growth in new premiums.
“The Operating Ratio during 2016-17 had deteriorated to the lowest level of 96.50 percent since 2000-01 when it was 98.34 percent. Since Operating Ratio is a direct indicator of the working of Railways, the Ministry of Railways should also look into the various innovative ways for revenue generation and closely monitor the expenditure,” said the report.
According to Swiss brokerage firm UBS, the headline CPI inflation may average close to 4.7 per cent in 2018-19 (as against 3.6 per cent estimated in 2017-18).
According to a white paper by ACI Worldwide along with AGS Transact Technologies (AGSTTL), digital transactions in India could be worth USD 1 trillion annually by 2025, with four out of every five transactions being made digitally.
The commerce and industry minister, who also holds additional charge of the civil aviation ministry, said that draft policy to increase agricultural exports is ready and is being circulated for inter-ministerial views.
Lenders now dread the Maharashtra government’s relent to the protest for a complete loan waiver will lead to more defaults.
The Reserve Bank of India (RBI) has come up with a new constitution for non-performing assets (NPAs) by withdrawing all existing guidelines on restructuring of bad assets. Schemes like corporate debt restructuring (CDR), strategic debt restructuring (SDR), 5 by 25, Scheme for Sustainable Structuring of Stressed Assets (S4A) have been replaced by new guidelines. In an interview with CNBC-TV18, PS Jayakumar, MD and CEO of Bank of Baroda spoke about the latest happenings in his company and sector.
R Gandhi, Former RBI Deputy Governor said with the new framework in place there could be an uptick in non-performing assets (NPAs) because what need not have been recognised as an NPA will now be recognised as one.
Traders have signed deals to sell up to 100,000 tonnes of soybeans to India since December, shipping mainly from the African countries of Ethiopia and Benin with which the South Asian nation has concessional import duty agreements.
Drought-hit Argentina is expected to receive rains in eastern parts of the country over the next two weeks but it will be too late to revive the soybean crop, Kyle Tapley, senior agricultural meteorologist at Radiant Solutions, formerly MDA Earthsat, said on the sidelines of an industry event.
Bank of India recovered non-performing assets (NPAs) worth Rs 7,000 crore. In an interview with CNBC-TV18, Dinabandhu Mohapatra, MD and CEO of the company shared his views and outlook for NPAs going ahead.
The Rs 12,700 crore Punjab National Bank scam where loans were credited in a fraudulent manner had the involvement of bank employees
In an interview to CNBC-TV18, Ananth Narayan, Market Expert shared his readings and outlook on the bond market.
It's a double macro cheer - retail inflation has softened to 4.4 percent in February while industrial output has strengthened to 7.5 percent. In an interview to CNBC-TV18, Sonal Varma, MD & Chief India Economist at Nomura Financial Advisory & Securities (India) Private Limited spoke at length about the numbers.
While designing a metro rail, the authorities tend to forget that people will be approaching the trains using other urban transport modes, Kharola said.
The ISA is a treaty based inter-governmental alliance of 121 sunshine-rich countries that lie fully or partially between the Tropics of Cancer and Capricorn. Their adoption of solar energy is expected to help reduce the use of fossil fuels and combat climate change.
The International Monetary Fund has said banking reforms like insolvency code and recapitalisation will be ineffective unless governance standards are improved.
As industrial output expanded at 7.5 percent in January, India Inc today said the improvement augurs well for the return of broad based recovery in industrial performance which may be on the up-slope, going forward.