Insurance penetration to get emphasis; SBI life insurance and ICIC pru life insurance see action Insurance penetration to get emphasis; SBI life insurance and ICIC pru life insurance see action Neerja Agarwal / Thursday, February 1, 2018 0 12252 Article rating: 3.0 As India stands under penetrated in terms of insurance penetration and more so in the BPL category and rural India, Government is planning to utilise the PM Jan dhan yojana accounts to extent the micro insurance and pension scheme through these accounts. These measure are positive for the bank as it can lead to higher account openings and also more financial discipline of saving and insurance Read more
Budget 2018: Government to speeden road development projects, Infra stocks in focus Budget 2018: Government to speeden road development projects, Infra stocks in focus Tanay Loya / Thursday, February 1, 2018 0 1614 Article rating: 1.0 Finance Minister, Arun Jaitley announced that the Pradhan Mantri Gram Sadak Yojana period would be reduced from 2022 to 2019, expediting the development of roads. Read more
Aquaculture receives FM's attention, Avanti Feed, Waterbase soar Aquaculture receives FM's attention, Avanti Feed, Waterbase soar Amir Shaikh / Thursday, February 1, 2018 0 2572 Article rating: 5.0 The Finance Minister has announced a Rs. 10,000 crore allocation for fisheries, aquaculture and animal husbandry funds. Read more
Budget 2018: Big boost of agricultural and rural economy Budget 2018: Big boost of agricultural and rural economy Rohan Takalkar / Thursday, February 1, 2018 0 3018 Article rating: 5.0 In the starting commentary finance ministry announced major relief for the farmers. The government increase in MSP of kharif crops by 1.5 times the cost of produce of the crops. It has earlier increased the MSP of rabi crops by similar percentage. This comes in line with the governments aim at doubling the farmers income by FY2022. Read more
Capital Goods index gains the most, Sensex up by more than 200 points Capital Goods index gains the most, Sensex up by more than 200 points Tanay Loya / Thursday, February 1, 2018 0 864 Article rating: 5.0 Even as Finance Minster Arun Jaitley confirms the good health of the Indian economy and that it may grow by more than 7 per cent in the coming years, the broader market gained on the Budget day. Read more