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“Japan has been looking at countries like Vietnam and Philippines to fill the labour gap. But in recent times, there has been some improvement in the bilateral relations between Japan and India and now the East Asian country is viewing us as a potential source market for qualified workers,” said Dr S. Sarav-anan, Head for Photonics and Nanotechnology Research Centre, Sona College of Technology is the Convener for Japanese Language Course.
Engineering. students learn Japanese
10 Dec 2019 2:14 AM

The country also has shortage of over 1.7 lakh IT engineers. Qualified aspirants are required to have undergone Japanese language training.

"Financial sector fragilities continue to weigh on India's economic growth momentum, with the high level of non-performing loans on the balance sheets of the public sector banks constraining their new lending," IHS said.
Financial sector fragilities taming growth
09 Dec 2019 2:26 AM

For the first half of 2019-20 fiscal, GDP growth slowed to a pace of 4.8 per cent compared to the 7.5 per cent a year back.

Following the weak GDP outturn for the September quarter, Indian real GDP growth in FY 2019-20 is expected to be slightly below 5 per cent, as it is anticipated that the impact of stimulus measures will take time to filter through to the real economy, IHS said.
India's real GDP growth in FY20 to come below 5 per cent: Report
08 Dec 2019 12:51 PM

For the first half of 2019-20 fiscal, GDP growth slowed to a pace of 4.8 per cent compared to the 7.5 per cent a year back.

Finance Minister Nirmala Sitharaman. (Photo: ANI)
Govt working on more measures to boost economy: Sitharaman
07 Dec 2019 1:20 PM

GDP growth slowed down to more than six-year low of 4.5 pc in second quarter of current fiscal from 5 pc recorded in first quarter.

RBI Governor Shaktikanta Das.
RBI to retain dovish bias going forward: report
07 Dec 2019 10:47 AM

The RBI reiterated that it would maintain an accommodative stance as long as necessary to revive economic growth.

Higher coverage of wheat was reported from Madhya Pradesh, Rajasthan and Himachal Pradesh. (Photo: File | Pexels)
Wheat sowing up 4.28 per cent at 202.54 lakh hectares so far
06 Dec 2019 7:54 PM

As per the ministry's latest data, wheat was sown in 8.34 lakh hectare more area so far in the ongoing rabi (winter) season.

Besides, the RBI would do away with the requirement of escrow accounts to be operated by a bank promoted trustee for fund transfer.
P2P lending limit raised to Rs 50 lakh
06 Dec 2019 1:53 AM

P2P lending limit raised to Rs 50 lakh

Reserve Bank of India (RBI)
NBFCs, MFIs & co-ops can now become SFBs
06 Dec 2019 1:52 AM

The minimum paid-up voting equity capital or net worth requirement has been set at Rs 200 crore, up from Rs 100 crore as set earlier.

Shaktikanta Das
RBI rubs it in, says no respite from price rise
06 Dec 2019 1:52 AM

Shaktikanta Das says vegetable prices should soften by early February 2020.

Of the five mines, two were allocated to Birla Corporation Ltd and one each to Vedanta Ltd, Prakash Industries Ltd and Powerplus Traders Pvt Ltd.
Govt approves allocation of 5 coal blocks, to generate Rs 17,136 cr revenue
05 Dec 2019 5:58 PM

The ministry of coal, after a long gap of four years, has approved the allocation of five coal mines, the ministry said in a statement.

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