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Tag: Clear

Clear signs of revival in industrial production, fixed investment: FM Sitharaman

Loknath Das, , , , , , , , ,

New Delhi: Finance Minister Nirmala Sitharaman on Saturday said there are clear signs of revival of industrial production and fixed investment after economic growth plunged to a six-year low. At a press conference called to announce the third part of the stimulus package for the economy, she said measures are being taken to improve credit outflow from banks. Also, transmission of interest rate cuts is being effected by banks, she said, adding she will meet heads of public sector lenders on 19 September to review the transmission. The Reserve Bank of India (RBI ) has since February…

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Clear signs of investment recovery, upturn may last to up to 2022-23: RBI paper

Loknath Das, , , , , , , , , , , ,

There is growing evidence suggesting a definite upturn in investment activity in India since 2016-17, a latest RBI paper has said. The upturn in the current investment cycle is estimated to last up to 2022-23 when the investment rate is estimated to increase up to 33 percent of GDP from the current level of 31 percent. However, this will require policy efforts on multiple fronts such as further improving ease of doing business, expediting resolution of stressed assets, addressing the NPA problem and speeding up implementation of stalled projects, said…

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SBI, IFCI, United Bank scout for buyers to clear off Rs16,349 crore NPA

Loknath Das, , , , , , , , , , , , ,

SBI has asked the bidders to submit expression of interest by 9 March 2018 and further to complete the due diligence by 22 March. Photo: Indranil Bhoumik/Mint New Delhi: State-owned State Bank of India (SBI), United Bank of India (UBI) and long-term infrastructure lender IFCI are looking for buyers to sell as many as 110 accounts that have turned dud to recover dues over Rs16,349 crore. All the three have invited bids today from eligible banks, financial institutions, asset reconstruction companies (ARCs) and non-banking financial companies (NBFCs) to prune such non-performing…

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U.S. Scrambles to Clear Egg Exports to Bird Flu-Hit Korea

Srijita, , , , , , , ,

U.S. officials are urgently seeking an agreement with South Korea that would allow imports of American eggs so farmers can cash in on a shortage caused by the Asian country’s worst-ever outbreak of bird flu. The two sides are negotiating over terms of potential shipments after South Korea lifted a ban on imports of U.S. table eggs that it imposed when the United States grappled with its own bout of bird flu last year, according to the U.S. Department of Agriculture. If an agreement is reached, U.S. shipments could bring…

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Cabbage Soup for Clear and Flawless Skin

Srijita, , , , , ,

In their quest to look good, people usually focus almost exclusively on external strategies. Sure, technology is becoming more and more sophisticated and options are aplenty with an ever increasing array of anti-ageing products and treatments. However, anti-ageing begins on a cellular level, not on the surface of your skin as many skin care companies would love for you to believe. Your skin’s luster, tone and vibrancy are intimately related to what you eat, as your skin cells are in constant turnover and regenerate every month. Why is cabbage good…

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Loud and clear: Noise hurts health, mind

Srijita, , , , , ,

Most Indians are noisy by nature. Be it announcing good news, leading a procession through the city, celebrating a marriage or a religious festival or even just chattering with a group of friends, we like to be heard loud and clear. The pollution created in the process is a health hazard having impact on everything -from brain to heart. From the cacophonous noise of peak-hour traffic to the deafening sound of planes taking off several kilometres away , the sound of hand-blender to the hum of the washing machine at…

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