Subbarao mentioned that previously, finance ministers were advised to cut spending. However, in Sitharaman's case, the advice has always been to \"spend more\", still leading to an ironic result of a slumped economy

Subbarao mentioned that previously, finance ministers were advised to cut spending. However, in Sitharaman's case, the advice has always been to \"spend more\", still leading to an ironic result of a slumped economy

Nielsen's FMCG snapshot for July to September shows an 11 times higher growth in packaged staples consumption in rural markets over the metros

The All India Bank Employees' Association (AIBEA) also announced its decision to participate; strike notice has been issued in most parts of the country by associations of government employees in the public sector, as well as the independent sectoral federations.

The FMCG major in the last quarter came up with 120 SKU innovations and has also increased its ad spends by Rs 340 crore (it had cut down ad spends in the previous quarter)

India Stock Market Highlights Today: IndusInd Bank was the top gainer in the Sensex pack, followed by Bajaj Auto, Bajaj Finance, Axis Bank, SBI, Bajaj Finserv, ICICI Bank, HDFC twins and Reliance Industries

The Lower House later approved the first batch of the supplementary demands for grants, mainly to enable the government meet expenses for combating the COVID-19 pandemic

\"The 23.9 per cent contraction in Indiacompares with a drop of 12.4 per cent in Italy and 9.5 per cent in the United States, two of the most COVID-19-affected advanced countries,\" Rajan wrote in a post on his LinkedIn page

The April-July period of the current fiscal witnessed 46 per cent growth in work execution (in terms of person-days), coupled with an increase of 12 per cent in average wage under MGNREGA, shows CRISIL report

Talking about India's short- and medium-term growth prospects, Subbarao expressed that they appear grim and the Centre should not make much of the economic activity coming back from the depressed base of coronavirus-induced lockdown

Increased MNREGA spends, reverse migration and a good monsoon have caused a surge in rural consumption

During the months of April-May, because of the lockdown, the traditional stores were closed for 11-12 days, and by June the closure was only for five days, thereby increasing the availability of products

While the intent to spend is definitely there, consumers in the COVID normal are going to be far more cautious than ever before, given the large scale job losses and pay cuts

An hour of content on television typically has 10 minutes of advertising and through the months of April and May the ad breaks were far and few. When the supply chain disruption straightened up and production restarted by end of May, ad inventory volumes began to grow, but at a snail's pace

Finance Secretary Pandey said that UPI and Adhaar-enabled payment system helped the government transfer Rs 500 each to 19.36 crore of women Jandhan account holders and Rs 2000 to 8 crore farmers for three months at the click of a button

While low incidence of virus outbreak in rural areas definitely has a role to play, higher MNREGA spends, supply of free food and a good monsoon has resulted in more money in the hands of the rural consumers

The Centre through Jal Jeevan Mission scheme seeks to ensure a functional tap water connection to each of the around 14.8 crore rural households

Railway Minister Piyush Goyal, who discussed the plan at a high-level meeting, has asked the Zones to increase work allotted under the government's flagship rural job guarantee programme and explore ways to hire workers under the scheme

Flipkart to deliver in paper-based packaging instead of poly bagsFlipkart had earlier announced it would eliminate single use plastic in packaging. The idea was to move towards using 100% recycled plastic in its supply chain by March 2021. The firm has already reduced its new plastic consumption by 50% through different initiatives. One of its latest initiatives is to use eco-friendly recycled paper bags to replace the poly pouches for packaging of products.Delhi govt to assess po...

This migrant labour support allocation translates to Rs 437 per capita (Rs 3500/8) for a 2-month period for the most vulnerable segment of society. In other words, the support is equivalent to 2 days of MNREGA daily wages (around Rs 200 per day) for a 2-month period