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Private investment in infrastructure must go up

Loknath Das, , , , , ,

In addition to financial sector reforms, funding infrastructure through private sector participation needs reforms in the contracting mechanism.(AFP) The Bharatiya Janata Party (BJP) manifesto promises to spend Rs 100 lakh crore on infrastructure in the next five years. This can only happen if there is an increase in private participation, for which India needs to undertake financial sector reforms that encourage the creation of a pool of domestic long-term savings to be invested in infrastructure projects. The scale of investment targeted is more than what can be done through government…

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Godrej Appliances lines up Rs 500 crore investment

Loknath Das, , , , , , ,

KOLKATA: India’s largest home grown white goods maker, Godrej Appliances plans to invest Rs 500 crore over the next three years to expand capacity and set up a new plant in Pune in a move aimed at completely localising its production process right till the component level. The company’s business head Kamal Nandi said the proposed investment will be to start local manufacturing of front-load washing machines, hi-end frost free refrigerators and air-conditioners, and their components which are currently largely imported. Godrej Appliances last investment was three years back to…

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Shopping in ‘unhealthy’ locales up blood pressure risk: Study

Loknath Das, , , , , , , ,

The study using Pop-up health check stations in England found a possible link between “unhealthy’ shopping centres and the number of cases of suspected or diagnosed high blood pressure. Shopping in ‘unhealthy’ locales up BP risk: Study  |  Photo Credit: Thinkstock London: People who frequently indulge in shopping in “unhealthy” areas as compared to those who visiting “healthy” retail stores, were more likely to be at risk of high blood pressure, say researchers. The study using Pop-up health check stations in England found a possible link between “unhealthy’ shopping centres and…

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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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Consumer Email Use Up 17% Over Last Year, Is Your Business Engaging?

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

The fourth annual Adobe Consumer Email Survey has revealed consumer use is up 17% year over year. This is despite the fact there are now more channels available for consumers to interact and engage with their favorite brands. The survey points out consumers are checking their personal email an average of 2.5 hours on any given weekday. This is in addition to spending an average of 3.1 hours checking their work email. Suffice it to say, email is not going anywhere anytime soon. This includes small businesses looking for an affordable and…

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Beware! Passive Smoking May Up Snoring Risk In Kids

Loknath Das, , , , , , , ,

Parents who smoke at home exposing their children to passive tobacco inhalation may increase the risk of developing habitual snoring in kids, according to a study. The findings showed that children are at a two per cent higher risk of snoring for every cigarette smoke in home daily. Children born to fathers who smoke were at a 45 per cent higher risk of snoring than unexposed children. While mothers who smoke increase the risk of developing habitual snoring in their kids by nearly 90 per cent. Those exposed to prenatal…

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