wtaer crisis

Poor households are the most vulnerable in extreme weather. Women bear a disproportionate burden as they source scarce water and work in high temperatures

In world of extreme weather, plan financial inclusion for the weakest

Business Standard

The government scheme has a long way to go before its ultimate goals of universal financial inclusion and financial literacy are achieved. Yet by raising awareness and providing access to the full range of financial services in rural India, it has taken big steps forward

Sumita Kale: Jan-Dhan not perfect, but its progress is laudable

Paucity of information regarding the progress of financial inclusion in India has been a major challenge. The situation is now changing, with data being made available online, says the writer in the first of two articles

Sumita Kale: Don't undermine the strides made by Jan-Dhan

Ideally a government should not try to shape and create markets. It should aim for minimal and efficient regulation that ensures a competitive, level playing field for all players and emphasises to consumer protection. It should create an environment conducive for a market landscape that attracts private entrepreneurship and risk capital, one that pushes players for innovative products and services.The same principle applies to financial inclusion. "Payments banks" are an example of a whole new space in the payments market created to tap into the competitive advantages that non-banks have at the last mile. How will this market shake out?While there is no readymade template, there are many applications from players of all sizes and with different core businesses. The advantage will clearly lie with those companies who already have the knowhow, are invested in this space, and are smart at innovating. Small and medium companies have more skin in the game and can be expected to be more nim

Probir Roy & Sumita Kale: Is big always best?

A compilation of essays catches the reader's interest at first glance because it talks about a state that has taken India by surprise

Understanding the Bihar model

As per reports, Smallcap World Fund was planning to sell a 3.8 percent stake in the Neuland Laboratories through a block deal

Market, BSE, NSE, NIfty, Stock Market, investment, Loss, Lost

President-elect Donald Trump said Wednesday that he's picking Kari Lake as director of Voice of America, installing a staunch loyalist who ran unsuccessfully for Arizona governor and a Senate seat to head the congressionally funded broadcaster that provides independent news reporting around the world.
Lake, an immigration hard-liner, was a television news anchor in Phoenix for nearly three decades until she left in 2021 after making a series of controversial statements on social media, including sharing COVID-19 misinformation during the pandemic. She launched her political career a short time later, quickly building a loyal following and national profile as she sparred with journalists and echoed Trump in her sharp criticism of what she called the fake news.
She endeared herself to Trump through her dogmatic commitment to the falsehood that both she and Trump were the victims of election fraud. She has never acknowledged her defeat in the 2022 gubernatorial race and lost her Senate 

Donald Trump, Trump

South Korean President said the opposition was "dancing the sword dance of madness" by trying to drag a democratically elected president from power

Yoon Suk Yeol, Yoon Suk, South Korea President

Schools in Tamil Nadu remain closed due to heavy rains, with the IMD predicting more showers, while Northern India braces for a cold wave starting December 9

Chennai Rains

Shares of Reliance Power reached their 5 per cent at Rs 46.24 per share in the early morning trade of Thursday

Reliance Power

Sitharaman said that intergenerational debt is mounting on countries, and it is important for the government and industry to work together to manage debt at the national and sub-national levels

Nirmala Sitharaman, Nirmala

Vijay Kedia portfolio stocks: Ace investor Vijay Kedia held 2.10 per cent or 2 million shares in PCL as on September 30, 2024, shareholding pattern data shows

spare car parts, automobiles

The Jubilant Group's Bhartia family is investing Rs 5,000 crore and the remaining amount is being financed by Goldman Sachs, which has pledged to fund a special purpose vehicle for the deal

cocacola

Stocks to Watch, Dec 12: From Swiggy to Jubilant Foodworks, here are some stocks that will be on investors radar today

Stock Market, BSE, Nifty, Capital

Stocks to Buy Today: Infosys share price has recently broken out of a three-month consolidation phase and reclaimed its all-time high. We expect this upward momentum to persist

Infosys

Paytm currently has a cash balance of over Rs 10,000 crore. The Rs 2,364 crore sale would expand it by over 20 per cent

Paytm

Sudha Murty, Murthy's wife, also bought a flat in Kingfisher Towers for Rs 29 crore on the 23rd floor four years ago.

Narayana Murthy, Narayana, Murthy

Flipkart, valued at $36 billion, is planning to launch its initial public offering by 2025-26, and will be shifting its domicile from Singapore to India

Flipkart

Biocon's Bengaluru API facility was inspected between September 23 to September 27, 2024

biocon

Owaisi further said that impartiality, independence, fairness and reasonableness in decision-making are the hallmarks of the judiciary

Asaduddin Owaisi, Asaduddin, Owaisi

Moreover, 70 per cent of India's public chargers are concentrated in metropolitan hubs, leaving rural and semi-urban areas woefully underserved

electric vehicle

Union Minister Dharmendra Pradhan on Monday attacked Congress leader Rahul Gandhi over protests by opposition members in Parliament complex and termed him "comedy king" who is trying to stay relevant.
Leaders of some INDIA bloc parties on Monday protested in Parliament complex over the Adani row, with Gandhi conducting a mock 'interview' over the issue with Congress members wearing masks of Prime Minister Narendra Modi and industrialist Gautam Adani
"Rahul Gandhi is indulging in what he does best  Stand-up comedy! His malicious claims and rants have crumbled under the weight of comprehensive investigation every time. Playing the role of a pawn to perfection, he yet again attempts to mislead despite his misinformation campaigns failing to cut ice with the people of India," Pradhan wrote on X tagging a video of the protest.
"Electoral verdicts since 2014 are a thundering testament that there are absolutely no takers for his stale, recycled propaganda. Such a clumsily crafted hit job i

Dharmendra Pradhan, Dharmendra, Pradhan

The Bharatiya Janata Party has accused Congress president Sonia Gandhi of links to an organisation funded by the George Soros Foundation, which supports the idea of Kashmir as an independent nation

George Soros

BP's retreat from offshore wind reflects a similar trend at rivals Shell and Equinor, which are trying to boost near-term profits by spending more on higher-return oil and gas operations

bp logo

Delhi has seen the highest number of spam calls, followed by Andhra Pradesh and Western Uttar Pradesh. Most spam calls originated in Delhi, with Mumbai and Karnataka next

Sumita Kale

Sumita Kale

Sumita Kale

In world of extreme weather, plan financial inclusion for the weakest

Sumita Kale: Jan-Dhan not perfect, but its progress is laudable

Sumita Kale: Don't undermine the strides made by Jan-Dhan

Probir Roy & Sumita Kale: Is big always best?

Understanding the Bihar model

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Neuland Labs down 7% after 0.7 million shares change hands via block deals

Trump names immigration hard-liner Kari Lake as head of Voice of America

Oppn tried to destroy country; I will fight to the end: South Korea's Prez

Tamil Nadu schools shut as heavy rains lash state; IMD issues yellow alert

Reliance Power hits 5% upper circuit on large solar project win; details

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Reducing debt burden priority for next decade, says FM Sitharaman

This Vijay Kedia portfolio stock surged 18% today; zoomed 105% in 4 months

Bhartia family to acquire 40% stake in Hindustan Coca-Cola for Rs 12,500 cr

Stocks to Watch, Dec 12: Jubilant FoodWorks, SBI, Vedanta, Swiggy, Emami

Ajit Mishra of Religare Broking suggests these three stocks to buy today