Daily Newsletter | Wednesday, February 01, 2017 | | President Pranab Mukherjee hints at sops for poor in Union Budget | President Pranab Mukherjee hailed the demonetisation move and the surgical strikes across the LoC in his address to the joint sitting of Parliament on Tuesday. The President’s speech also indicated that the government’s third Budget may provide more funds for schemes focusing on the poor, farmers and other vulnerable groups of society. |
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Budget may focus on skilling youth, creating jobs | The Union Budget is being keenly watched for measures to spur employment and skilling, particularly in the context of increasing urbanisation. BJP sources said the absorption of graduates and school finishers in the workforce was a major political concern. |
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'Note ban shaved 0.25-0.5% off GDP growth' | About the immediate adverse impact of demonetisation, the Survey noted that there have been reports of job losses, declines in farm incomes, and social disruption, especially in the informal, cash-intensive parts of the economy. |
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| | | Mukund returns, Saha replaces Patel for Bangladesh Test | Abhinav Mukund was recalled after nearly six years as a back-up opener in the 16-member Indian Test squad for one-off Test against Bangladesh. Wriddhiman Saha regained his rightful place as the No. 1 wicket-keeper in Tests, replacing Parthiv Patel. |
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3rd T20I: Onus on Indian stars to lead the challenge | Going into the title decider at the M Chinnaswamy stadium on Wednesday, Kohli and his men will have to lift their game by several notches against Eoin Morgan's England to complete a series win across all formats. |
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Limaye, Johri to represent BCCI at ICC meet | Sources said that since the apex court has directed the COA to discharge duties along with BCCI CEO Rahul Johri, Vinod Rai is only going by the books. Which means, he would only deal with the CEO for day-to-day affairs of the board. |
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| Centre approves Chambal, Narmada Express ways in MP | In an effort to boost up development through road connectivity in Madhya Pradesh the Centre has approved two major express ways, Chambal Express-way and Narmada Express-way, to connect the state with Uttar Pradesh, Rajasthan, Chhattisgarh and Gujarat. |
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Syndicate Bank posts modest net profit of Rs 93cr for Q3 | Syndicate Bank has recorded a modest net profit of Rs 93 crore for the quarter ended December 31 against net loss of Rs 119 crore for the corresponding quarter last fiscal. The operating profit was Rs 928 crore for the quarter ended December 31, 2016 against Rs 913 crore recorded during the corresponding period of last year. |
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