Sachchidanand ShuklaIt is said “be careful what you wish for….”’. Not a long time ago, Arvind Subramanian had floated the idea of universal basic income for India, but held out a caveat that the costs will be too large. Cut back to the present. The crying need of the hour was some relief to farmers, given the widespread distress and some help to the middle-class that has patiently borne the brunt of some of the disruptive reforms over the last few years.Importantly, this had to be done without compromising on the fiscal framework and the deficit targets, and within the confines of Interim Budget conventions. A difficult act?Close The first standout feature is the effective targeting of the schemes on the expenditure side. Take for example the imperative of alleviating stress on the farm side. The government rolled out an unconditional Income transfer scheme, which will cost the exchequer Rs 75,000 crore or 0.26 percent of the gross domestic product (GDP). This … [Read more...] about Opinion| A smartly packaged and a please-all Budget
Deliveries a package tracker
Ujjivan Small Finance Bank listed with a massive 56 percent premium over its issue price on December 12 despite volatility in the market.The stock touched an intraday high of Rs 62.8 on the National Stock Exchange (up 70 percent) after opening at Rs 58.75 against IPO price of Rs 37. The bumper listing was on expected lines given the strong response received for the company's IPO.Combined volume on BSE and National Stock Exchange was more than 20 crore equity shares.Close Ujjivan Small Finance Bank (USFB) is a subsidiary of microfinance lender Ujjivan Financial Services. related news Morgan Stanley bullish on NTPC, Adani Ports and L&T Infotech Initiating coverage: HDFC AMC and M&M among 10 stocks that could return 10-40% in 2020 Most experts are now advising investors to hold the stock for longer term on the back of good fundamentals. Though some suggest investors can do partial profit booking and hold the rest for longer term."Ujjivan SFB's … [Read more...] about Ujjivan Small Finance Bank: Should investors buy, sell or hold after the bumper listing?
Aerodynamics forms an integral part of the structure of a supercar. Seeing how the car can potentially fly off the ground if things aren't done right, decades of research has been done in this field to reduce drag without compromising on traction.Now all this research has made cars faster and more stable, but British design firm -- Gordon Murray Automotive -- has brought us the future of aerodynamics. The new Gordon Murray T.50 will be the company's first production car and its main feature will be a 400 mm fan sitting on the rear bumper.The fan sits right between the aerofoils and the high mounted exhausts and looks more akin to a sci-fi jet thruster than what its real purpose is. As mentioned before, the fan's direct function will be to speed up the air passing from under the car and channel it through active elements in the car's rear diffuser. The air inlets at the bottom are also vertical so no debris is pushed into the fan's blades.Close The fan itself, which was first … [Read more...] about Gordon Murray’s T.50 supercar gets futuristic aerodynamics with a rear-mounted fan
AnandRathiBajaj Finance is one of the largest players in the rapidly growing consumer finance segment in India and a pioneer in introducing interest-free EMI finance options in more than 50 categories, ranging from consumer durables to lifestyle products to groceries.Apart from consumer finance, the company also has substantial business penetration in SME, commercial and rural lending. With housing as subsidiary, mortgages are also gaining traction.Close The company offers wide range of products to its customers through multiple segments which includes products such as consumer durable loans, digital product loans, lifestyle product loans, 2-wheeler & 3-wheeler loans, salaried personal loans, e-commerce consumer finance, working capital loans, loan to professionals, commercial loans, gold loans, home loans etc.Moneycontrol ContributorContributor|Moneycontrol News MNCs, corporates and SMEs take up bulk of co-working spaceRs 25K crore realty stress fund: Speedy, effective … [Read more...] about Buy Bajaj Finance with target Rs 4,818: AnandRathi
Food writer Mark Bittman, one of America’s most vocal proponents for part-time veganism, has joined The Purple Carrot, a plant-based meal-kit startup. advertisement advertisement Bittman becomes a partner and the company’s chief innovation officer. The Boston-based company—which launched last year, delivering to 25 states on the East Coast—also announced today it is expanding operations to the West Coast, thanks to a new distribution center in Los Angeles that will serve California, Oregon, Washington, Colorado, Arizona, Nevada, Utah, and New Mexico. “With this 10-year history I have of advocating for part-time veganism, this company is exactly right,” Bittman told Fast Company. “I feel like a lot of people want to eat more plant-based food but don’t know how, and this is a solution. If you do this, you know that two or three nights a week, you’ll be eating plant-based food.” In his new role, Bittman will be be … [Read more...] about Mark Bittman Joins The Purple Carrot, Makes It Easier For You To Eat Your Vegetables