Category: Business

RBI-Monetary-Policy

Four Important Points Of RBI Monetary Policy

Reserve Bank of India (RBI) governor Shaktikanta Das will release the first by-monthly monetary policy statement of fiscal 2022 in a press conference on Wednesday. The statement was prepared by the six-member Monetary Policy Committee (MPC), or the rate-setting panel, headed by Das after three-day marathon meeting could shed light on the following points.

Rate Action & Commentary

A change in policy rates is unlikely to happen but a hike is expected at the end of the current fiscal or the next. Most bankers and economists also want the RBI Read the rest

hop-shoots

A Bihari Farmer Selling His Crop ₹1 Lakh/KG

If you are of the opinion that farming isn’t a profitable business then this news from Bihar could be an eye-opener for you. A farmer in Bihar cultivated a specific kind of vegetable that sells ₹1 lakh/kg. It is the costliest crop in the world and a humble Indian farmer from a poor state has proved that it could be a game-changer for the farming community.

What is that crop?

It is Hops and popularly known as seed cones or strobiles. Member of the Cannabaceae family of flowering plants, it … Read the rest

Interest-rates-Nirmala-Sitharaman

Why Is The Central Government Relying On Small Investments For Funding?

The central government first announced a steep cut on the interest rates on small savings on the last day of the financial year 2020-21 and then reversed the order today morning citing “orders issued by oversight” as the reason.

What were the interest rate cuts introduced?

The Finance Minister took the entire world by surprise by announcing a reversal of the order of cutting interest rates to schemes including National Savings Certificates (NSC) and Public Provident Fund (PPF) that would have hurt the middle and the lower-middle class hardest had … Read the rest

Alaskan-Helicopter-Crash

Alaskan Helicopter Crash Brings The Debate On Heli-Skiing Back To Fore

A backcountry heli-skiing trip in an Airbus AS350 B3 helicopter cost one of Europe’s richest residents his life as the chopper met an accident on Saturday. He was Petr Kellner, 56, who was the Czech Republic’s richest person. Last year, Forbes listed him among the 70 richest people in the world.

How many were killed in the helicopter crash?

Those killed include Petr Kellner (56); Benjamin Larochaix (50) a Czech Republic citizen; heli-skiing guides Greg Harms (52), and Sean McManamy (38); and the helicopter pilot Zachary Russell (33).

The bodies … Read the rest

Indian-American-couple-donate

₹ 1 Crore Donated For Healthcare In Bihar And Jharkhand

Bihar Jharkhand Association of North America (BJANA) received a generous donation of over ₹ 1 crore for healthcare works for the needy, underprivileged and deprived community of Bihar and Jharkhand states.

Who is that Indian-American couple?

The couple is Ramesh and Kalpana Bhatia and they have Ramesh and Kalpana Bhatia Family Foundation for philanthropic work. Kalpana Bhatia runs a successful business in Texas, America. She came from NIT Patna. They used their foundation to donate the money to BJANA that will invest the money for healthcare development in Bihar and … Read the rest

Bharat-Bandh-From-6-AM-To-6-PM

Farmer Body Calls For Bharat Bandh From 6 AM To 6 PM On March 26, Finds Support In Andhra Pradesh

Call for Bharat Bandh by farmer unions on 26th March from 6 am to 6 pm got the support of YSR Congress Party (YSRCP) in Andhra Pradesh. The Samyukta Kisan Morcha (SKM), a front of protesting farmers, has called for a nationwide strike when their protest completes four months.

What will be closed during Bharat Bandh on 26th March?

According to a report, the SKM has called for a complete nationwide strike on 26th March and appealed to the nation to make this strike a success. They said that rail … Read the rest