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Here is a masonry blog layout with no sidebarHas India’s growth slowdown bottomed out? Animal spirits indicate so
The dominant services index rebounded last month, driven by higher orders and strengthening business confidence. The IHS Markit India Services Purchasing Managers’ Index rose to a four-month high of 52.7 in November, the first time in three months that the reading has been above the 50 mark, which indicates expansion. The index is still below its long-run average of 54.2.
Boeing CEO Muilenburg quits after 737 twin crashes
India approves funds for population survey amid protests over citizenship law
1.24 mn jobs created in Oct, marginal rise from Sept: ESIC payroll data
Centre aims to extract $2 trn contribution from MSMEs in $5 trn economy
Cabinet approves Rs 6,000 Atal Bhujal scheme for ground water management
ccording to a study by the federal government think tank NITI Aayog, 21 Indian cities will run out of groundwater by next year, including the capital New Delhi and the information technology hub of Bengaluru. Two hundred thousand Indians already die every year because they don’t have a safe water supply, the report said. A shocking 600 million people face “high to extreme” water stress.
Total frauds at banks rise 74% to Rs 71,543 crore in 2018-19: RBI
“Public sector banks accounted for a bulk of frauds reported in 2018-19 — 55.4 per cent of the number of cases reported and 90.2 per cent of the amount involved — mainly reflecting the lack of adequate internal processes, people and systems to tackle operational risks,” the RBI’s report on ‘Trends and Progress of Banking 2018-19’ showed.
DGCA to inspect GoAir’s A320neo planes’ PW engines, used for over 3000 hrs
Sebi comes out with new mechanism to reward whistleblowers, informants
Cardif’s sale of 5% of its stakes in SBI Life was illegal:IRDAI
U.S. law firms ‘Hounded’ relatives of Ethiopian Airlines’ crash victims
Bank of England enhances scrutiny of Lloyd’s whistleblower systems
Govt refuses to share Swiss a/c details of Indians, cites confidentiality
The National Council of Applied Economic Research (NCAER), that was one of the three institutes commissioned in 2011 by the then UPA government to conduct a study on black money, has estimated wealth accumulated outside India between USD 384 billion and USD 490 billion during the period 1980 to 2010.
Uddhav announces loan waiver of up to Rs 2 lakh for Maharashtra farmers
FPIs open fund floodgates for markets; net inflow crosses Rs 1 trn in 2019
For equities only, the year passing-by has already seen a net inflow of Rs 97,250 crore — the highest in six years. While the year 2018 saw a net outflow of over Rs 33,000 crore by FPIs in equities, there were was a net inflow of Rs 51,000 crore in 2017, of Rs 20,500 crore in 2016, of Rs 17,800 crore in 2015 and of Rs 97,054 crore in 2014.
No possibility of any change in GST slabs, rates until revenue stabilises: Sushil Modi
377 infra projects hit by cost overruns of Rs 3.94 trillion over delays
Job opportunities, salary hikes to remain muted next year: Experts
Experts said 40 per cent of India Inc is focused on hiring for niche skills. Artificial Intelligence/Machine Learning (AI/ML), Digital marketing, Design Thinking, Internet of Things (IoT), robotic process automation (RPA) and natural language processing/generation (NLP/NLG) are regarded by employers as the most crucial skills to hire.