Highlights A new IMF paper found that extreme poverty in India is less than 1 per cent in 2019 The extreme poverty in India remained at that level even during the pandemic year 2020, it stated PMGKAY was critical in preventing any increase in extreme poverty levels in India, the report said India has averted the rise in extreme poverty …
NEW DELHI : Back in July 2020, for the first time in its 169-year history, the Indian Railways offered 109 routes to private players to operate trains on. The share of capital expenditure in Railways’ total expenditure has increased from 28% in 2014-15 to 53% in 2020-21. Meanwhile, what the Railways calls ‘extra budgetary resources’ have increased 10-fold, from about …
New York CNN Business — JPMorgan Chase is investigating the role its employees may have played in potential abuse of Paycheck Protection Program loans and other pandemic relief programs. The memo, signed by JPMorgan CEO Jamie Dimon and other top executives, said that includes “instances of customers misusing” PPP loans, unemployment benefits and other programs. JPMorgan urged employees to “say …
