It’s early days yet, but the June quarter earnings of consumer good companies indicate that the pick-up in rural demand seen in the March quarter is sustaining. But there is an element of caution with the management of some of these firms reluctant to call it a full blown recovery primarily because there are doubts about what’s driving rural demand. These good numbers also don’t square up with tales of rural distress. … [Read more...] about Opinion I What HUL and Bajaj Corp results say about the rural economy
Tales from the crypt
How To Broadcast Your Plan To Unplug When it comes to stepping away from our digital life for an extended amount of time, “the biggest reason people are unsuccessful is because they’re afraid people will try to get ahold of them,” says Levi Felix of Digital Detox retreats. To ease this fear of missing out (FOMO), “we make sure people tell anyone who might be trying to get ahold of them in advance.” … [Read more...] about #Unplug: The Complete, Printable Guide
Gates calls this 2004 novel “mind-bending” for its original structure that moves between six plots over six centuries. “This is the kind of novel you’ll think and talk about for a long time after you finish it…if you’re in the mood for a really compelling tale about the best and worst of humanity, I think you’ll find yourself as engrossed in it as I was,” he writes. … [Read more...] about The 5 books Bill Gates says you should read in the pandemic summer
Twist in the taleThe CBI is investigating the Kumars and Sangita for allegedly defrauding the six banks and fudging accounts. Of the Rs 414 crore, SBI lent Rs173 crore to Ramdev International, Canara Bank disbursed Rs 76.09 crore, Union Bank of India Rs 64.31 crore, Central Bank of India Rs 51.31 crore, Corporation Bank Rs 36.91 crore and IDBI Bank Rs 12.27 crore. The CBI noted that all three promoters escaped to safer pastures long before SBI moved the CBI with the complaint of fraud and default.Bankers that Moneycontrol spoke to said besides rice milling plants, Ramdev also has offices in Saudi Arabia and Dubai for trading business. They did not want to be named. … [Read more...] about Ramdev International fraud: Why did SBI, other lenders wait for 4 long years to move CBI?
“We aim to make this technology freely available to other non-profits so they can access the online giving community,” Goetsch tells us. “Our aspiration is to open up a new avenue of funding for effective aid that saves lives, and the best way to do that is to get as many people as possible engaged with effective non-profits.” … [Read more...] about When Do-Gooders Go Viral