The IMD attributed the projection to a weakening of El Niño and the Indian Ocean Dipole turning positive. The monsoon is likely to be just normal at 96 per cent of the Long Period Average (LPA) this year for the second year in a row, the India Meteorological Department (IMD) said on Tuesday, giving rise to expectations of three to four per cent farm gross domestic product (GDP) growth, which would fuel rural demand and ease food inflation. However, an assessment of the specific impact ... Rediff.com, 6 days ago
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The value of digital transactions nationwide declined marginally (1.5%) to Rs 92.6 lakh crore ($1.4 trillion) in February 2017 from Rs 94 lakh crore in November 2016 ($1.42 trillion), according to representative data (provisional) on electronic payments ...Sify, 1 month ago
The bulk of of trading on stock markets is done algorithmically, by computerised clerks working at the behest of human traders. IMAGE: The share of algorithmic trading started rising in the equity markets in India January 2010. It became 40 per cent in 2011 and 60 per cent by 2013, and has remained between 60 per cent and 75 per cent since then. Photograph: Kind Courtesy: Pixabay.com. Most trading on modern exchanges, worldwide, is done by computerised clerks working at the behest ...Rediff.com, 1 month ago
As the World Kidney Day was being observed across the globe on Thursday; a tragedy unfolded in the union territory of Puducherry, where three patients, including two women, who were undergoing Haemodialysis at the Indira Gandhi Medical College and Research ...Business Standard, 1 month ago
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