Economy

Tough to retain teachers in village schools: Naidu Vice-President M. Venkaiah Naidu said on Saturday that it was becoming increasingly tough to retain good science and mathematics teachers in village schools. This should be corrected in order to develop scientific temper, he said here in Madhya Pradesh in connection with …

It will also enable self-service analytics With a view to fast-tracking the adoption of data analytics in the government to improve delivery of services to citizens, Electronics and IT Minister Ravi Shankar Prasad on Friday unveiled a Centre of Excellence for Data Analytics (CEDA). The centre would help build analytic …

Move comes in the wake of challenges in global scenario Commerce Minister Suresh Prabhu has approved the constitution of a high-level advisory group (HLAG) to look into the opportunities and ways to address the ongoing challenges in the global trade scenario, the government said on Friday. “The terms of reference …

Guilty participants face temporary or permanent stoppage of access to markets The Reserve Bank of India (RBI) on Friday issued the draft guidelines on prohibiting market abuse, which propose to debar errant participants from accessing the market. “Participants found guilty of market abuse may be subject to regulatory action, including …

Only 10 States have revenue deficit of over 20%, says Jaitley The average revenue shortfall of States due to the Goods and Services Tax has fallen to 13% in the ongoing financial year up to August 2018, from 16% in 2017-18, Finance Minister Arun Jaitley said on Friday after the …

There is a dire need to develop and deepen the debt market, says the MD of Sundaram Finance Rates may have eased in the shorter-end with the Reserve Bank of India (RBI) relaxing the SLR (statutory liquidity ratio) norms but liquidity, especially in the longer-end, is a challenge, according to …

Bank had to cut promoters’ stake to 40% by August 22 which was not done The Reserve Bank of India (RBI) has cracked the whip on Bandhan Bank freezing the remuneration of its MD and CEO Chandra Shekhar Ghosh for not bringing down promoters’ shareholding in the bank to 40% …

Garden Reach extends IPO closure date, lowers price band to get fully subscribed The underlying weakness of the secondary markets and increased volatility have taken a toll on the primary market with two issues, including a government-backed offering, facing difficulties in getting fully subscribed. Garden Reach Shipbuilders & Engineers — …

Swedish Air chief on tech transfer If India chooses the Gripen fighter jet, then the choice of the private Indian company to partner with Sweden’s SAAB to build the aircraft should be the Indian Government’s and “nobody else’s”, Swedish Air Force chief Major General Mats Eric Helgesson said on Thursday. …

  Global Language Park in Pune to promote linguistic diversity In what is certainly the first such experiment in the country, and perhaps the world, the eminent linguist Ganesh Devy plans to set up a Global Language Park ( bhasha van in Hindi) in Pune. It will be located on …