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

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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The extreme lifestyle of a strongman

Mikey Lane eats 8,500 calories a day and trains five days a week in his bid to become one of the strongest men in the world. Image copyrightRICHARD HANCOX Mikey, 35, eats seven chickens a week, along with six pizzas, as part of his training regime. The semi-professional strongman from Nuneaton has dedicated the last nine years to pushing himself to his limits to chase his dream. Image copyrightRICHARD HANCOX His journey has seen him compete nationally and internationally, with his ultimate quest to compete in the World’s Strongest Man…

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LetsVenture to expand scope of investment platform

To focus on a new vertical that helps family offices find investment opportunities in startups. LetsVenture, a Bengaluru-based technology platform that connects angel investors with startups, is expanding its scope to address the needs of growth-stage startups. Besides, it would also focus on a new vertical that helps family offices find investment opportunities in startups. “As an extension of the support to early growth stage entities, we have recently started `Let’s Go’ to support the funding needs of startups that matured to the growth stage,” said Shanti Mohan, founder and…

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No white elephants please! Where not to invest RBI surplus of Rs 1.76 lakh crore

Bimal Jalan panel’s decision to recommend transfer of Rs 1.76 lakh crore of RBI’s reserves and excess provisions to the government of India has rightly raised a host of questions about where the money would be deployed. Just as brazenly the Centre managed to transfer the reserves, the expectation was that their deployment would be equally transparent. If there were hopes from finance minister Nirmala Sitharaman’s press conference in Pune to throw light on the question, those were dashed. But more than where they are deployed, it’s important to understand…

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Lifestyle among factors affecting natural onset of menopause

Jalandhar: The average age of menopause in women is 50 years, with only 1 per cent of women menstruating after the age of 60. Off late however, the number of women reaching menopause under 40 years of age was on the rise, said Dr Jasmine Kaur, a fertility consultant at Nova IVI Fertility while addressing the media at a press meet on Thursday. Defining the premature ovarian failure (POF) in brief, she said the menopause or the complete depletion of the ovarian reserve before the age of 35 was commonly…

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Calculate the Total Out-of-Pocket Cost of Your Health Insurance Plan

How much do you pay for your health insurance? If you only think about your health insurance costs in terms of the monthly premiums, you’re leaving out a lot of potential expenses. Right now, for example, I have an Affordable Care Act Bronze plan with a $442.83 monthly premium and a $6,200 deductible. This means that I could pay a total of $11,513.96—the $6,200 deductible plus $5,313.96 in premiums—before my insurer begins to pick up the cost for any of my healthcare. I might end up paying less than that,…

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