What Else

Farmers need access to markets that will get them the greatest price in a system that is well-run. Farmers' anxieties of corporate takeover of India's agro markets would be alleviated by the Prime Minister's declaration. The more important issue is whether the current scenario of over-dependence on intermediaries is preferable. On November 19, Prime Minister Narendra Modi stated that the government would abolish three agriculture regulations that have sparked a year of demonstrations by farmers camped around Delhi's borders. The agricultural demonstrations will almost certainly be called off as a consequence of Modi's decision, with agitated leaders claiming triumph for forcing the government to reverse its policies. The purpose of enacting the three agricultural laws, according to the Prime Minister, was to empower farmers, particularly small farms. The three laws benefited farmers, and many farmers throughout India applauded them, but the government "couldn...

    NAME Yogi Adityanath Lok Sabha Constituency Gorakhpur Assumed Office 19th March 2017 Assets 95 lacs Criminal Cases (accused) 4 Offices Held Chief Minister of Uttar Pradesh, Member of Parliament D.O.B 5th June 1972 Education Qualification Bachelor’s Degree in Mathematics Yogi Adityanath, originally born as Ajay Mohan Bisht on 5 June 1972 is an Indian Monk and a politician who is serving as the 22 nd and current chief minister of Uttar Pradesh. A member of Bharatiya Janata Party (BJP), he has represented Gorakhpur in the Lok Sabha since 1998. Adityanath is the Mahant or head priest of the Gorakhnath Mutt, a Hindu temple in Gorakhpur, following the death of his spiritual "father," Mahant Avaidyanath in September 2014. Yogi also founded the “Hindu Yuva Vahini”. It is a social...

Paytm is one of the most well-known brands in India, particularly in the post-demonetization period. In the years after demonetization, the payments platform has grown at a breakneck pace. And it's for this reason that the company's IPO, India's largest ever, had everyone's eyes fixed to the stock market. The IPO, however, made news not for the amount of money collected, but for the dramatic drop in share price during trading on the Bombay Stock Exchange (BSE) on November 18. The offer price was Rs 2,150, but the shares were trading at 1,614 rupees each by the afternoon. The stock even dropped below the lower circuit limit of 1,564 rupees. When a stock reaches this level, the BSE bans investor purchases to that level or above. What went wrong? In India's online payments business, Paytm is the big fish. SoftBank and Ant Group are among its supporters, as are other major corporations with huge wallets. In India, the third-largest economy in Asia and a major worldwide ...

The Synopsis In view of the rising number of Initial Public Offerings (IPOs) flooding the public markets, the Securities and Exchange Board of India (SEBI) has produced a consultation paper. In recent years, the markets have seen three major trends: large-cap IPOs, many technology company listings, and a rise in the number of offers for sale compared to new stocks issues. The SEBI is primarily concerned with concerns that arise as a result of these three tendencies. Companies will be required to provide more disclosures. When a business needs more funding, it will issue more stock shares to investors. Companies must describe how the cash will be used in this situation. Asset-light technology enterprises, on the other hand, do not need funding for typical capital expenditures such as the construction of factories, showrooms, or other traditional capital expenditures. Instead, these organisations put their money towards things like client acquisition, brand promotion, expanding into new ...

The Synopsis Tata Sons went to the Delhi high court a few months back after discovering a fairly dubious plot. They were alerted to the fact that two businesses (located in the United Kingdom and the United States) were circulating crypto tokens under the name $Tata. And, although you would assume that this is a basic play on the Tata brand's popularity and goodwill, things aren't quite that simple. One of the defendants in the case maintained a website named www.hakunamatata.finance, which has a "tata" at the end of the name if you look closely. Hakuna Matata is also a Swahili expression that approximately translates to "don't worry." As a result of the phrase's popularity in the film "Lion King," there's another viewpoint worth considering. Tata Sons, on the other hand, claimed that both firms targeted Indian citizens while selling and buying this strange coin. A charity partner headquartered in India is mentioned in the whitepaper de...

The Synopsis Is it possible that the ease of shopping for garments online will persuade Indians to abandon the "try-before-you-buy" mentality? That was the wager made by Myntra in 2011. It has just shifted its focus from customised gifts to fashion. And it was successful. Myntra became India's top online fashion platform in only a few years. Flipkart came knocking in 2013. It wants to expand its fashion portfolio, so it bought Myntra. Myntra, on the other hand, continued to iterate. It transitioned from an inventory-led approach, in which they purchased garments from manufacturers before reselling it, to a marketplace one, in which over 3000 businesses could utilise the Myntra platform to present their offerings to buyers. It collaborated with Bollywood stars such as Hrithik Roshan to promote unique products (HRX). Mast & Harbour are two of its own private label brands. To further build its Bollywood cred, it teamed with superstars such as Deepika Padukone (All About ...

  India's economy, which was once the world's fifth biggest, has been contracting for some time. The nation is still suffering from the consequences of the earlier this year's lockdowns, and as a result, GDP growth fell about 24% in the second quarter of this year compared to the same time last year. The Reserve Bank of India said a few days ago that India's GDP would most likely fall by 8.6% in the next quarter. Despite the bleak picture, Finance Minister Nirmala Sitharaman is optimistic that the economy would recover. "India's economy is witnessing a solid revival," she remarked, citing more GST revenue and increasing energy consumption. She also presented Aatmanirbhar Bharat 3.0, a new stimulus package, yesterday to guarantee that the economy remains on track. To stimulate the economy, the package includes 12 additional initiatives totalling Rs 2.65 lakh crore. Cheap bank loans for beleaguered sectors, support for companies hiring new employees, tax bre...

According to a recent media source, hypermarket company DMart has signed a lease for a 67,404 sq ft retail property in Central Bengaluru. Why are we discussing it now? It might be a hint of a shift in approach for the retail behemoth. So, let's get started. The Snyopsis The Hypermarket Chain's Story DMart's goal is straightforward: offer low-cost goods and everyday products like soap to customers. Because if there's one thing that all Indians like, it's an MRP reduction! As a result, people rush to DMart to acquire their groceries. More shop traffic equals increased sales. As a result, the company's inventory is turned over more rapidly. It may then negotiate better pricing with its suppliers and pass the savings on to consumers. Its actual star is the "Everyday Low Prices" policy. Despite the fact that DMart offers other high-value items like as home appliances, tableware, and apparel, the food and grocery sector has regularly provided 50% of its sale...

In the time of the festive season in India, according to Bizom a sales automation firm, a 21% growth is seen in India’s consumer goods market in October compared to last year especially with packaged food, commodities, and discretionary categories and the growth rate in this segments was in between 13% to 35%  but  homecare sales were slowed, some of the reasons for this growth increase in the number of uptake in vaccinations, increased mobility to socialize and above all the people want to celebrate the festival. FMCG's sales growth rate was 5.4% in October over September this year. (Source: The Economic Times)

  The foreign currency trade among banks the rupee began the day on a weak start, trading at 74.79, then dropping further ground and touching 74.53 against the US dollar in early trade, a drop of 7 paise from the previous close. The rupee had closed at 74.46 versus the US dollar on November 15th. The USD-INR spot pair has remained above the 74.30 mark, suggesting a positive level. However, reliance securities in research that trading below 74.12 to 74 levels might drive the pair to the support zone. The midday trading more in Asian trade, boosted by speculation that the Federal Reserve would tighten monetary policy in response to increased inflation. For further data, traders will be analyzing the US retail sales data and the US industrial output statistics. Crude oil prices rose 0.78% to 82.69$ a, the use. According to exchange data, foreign institutional investors were net purchasers in the capital market, purchasing shares worth 424.74 crores. The 30-share SENSEX was down 124....