Decision to merge the 3 companies — National Insurance Co Ltd, United India Insurance Co Ltd, and Oriental Insurance Co Ltd — ahead of their proposed listing was announced in 2018 budget.
Analysis by TeamLease Compliance shows compliance burden remained onerous for firms in India. Govt says it has taken many steps but agrees more needs to be done.
The greatest productivity losses from being undernourished were in agriculture, mining & construction, with Ethiopia and India facing highest burden.
Slump in air travel & AirAsia’s financial performance cast significant doubt on its ability to continue as a going concern, E&Y said in a report.
Facing fiscal deficit of 7%, Modi govt can get the Reserve Bank of India to buy sovereign bonds directly or boost dividends to help supplement revenue.
According to an analysis, tropical and subtropical countries whose average temperatures are already warmer than 15° C today face catastrophic economic degradation.
Lockdown, falling rubber prices & a reeling plantation sector have all forced the LDF govt to have a relook at land laws, considered sacrosanct in the state.
Fall in remittances can hurt Kerala’s finances seriously. World Bank is working with state govt on ‘diaspora bonds’, to mobilise savings of expats.
Since 29 June, stock has consistently fallen by 5% for 6 consecutive days, triggering lower circuit — levels where trading activity in a stock are suspended following a sharp fall in share prices.
Improved kharif sowing, pick-up in electricity and petrol consumption, and higher freight movement indicate green shoots in the economy, ministry report stated.