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The Meaning of Guarantee

Financial Express Pune

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June 09, 2025

Rural jobs scheme needs rational outlays, curbs on misuse should not deprive the needy of aid

The government seems to expect a significant reduction in the number of families seeking work under the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) as well as the job cards issued over the coming years. The rural development ministry has reportedly demanded a 12% increase in the scheme's outlay for the five years through FY30, compared to the previous five. This may not even be enough to cover the inflation of material costs during the period, let alone any increase in wages to fully compensate for inflation, unless the beneficiary pool shrinks substantially. In FY25, 57.9 million households sought daily-wage MGNREGS work, down 23% from FY21 when it peaked amid the acute rural distress caused by the pandemic. The work offered (person days generated) has seen an even sharper decline, indicating increased vigil to check misuse of funds. It is plausible that all who seek work aren't getting it.

Financial Express Pune से और कहानियाँ

Financial Express Pune

MF industry’s Dec outflow at ₹66,591 cr

THE INDIAN MUTUAL fund industry saw outflows of ₹66,591 crore in December due to withdrawals of ₹1.32 lakh crore from debt schemes and a 6.2% decline in inflows into equity schemes.

time to read

2 mins

January 10, 2026

Financial Express Pune

Pick. Drop. Repeat

GIG WORKERS ARE OFTEN AT THE MERCY OF ALGORITHMIC MANAGEMENT PRACTICES THAT EXHIBIT BIAS AND NEGATIVELY IMPACT THEIR EARNINGS

time to read

3 mins

January 10, 2026

Financial Express Pune

RIL may offload 2.5% in Jio, net ₹40K cr

RIL may offload 2.5% in Jio, net ₹40K cr

time to read

1 min

January 10, 2026

Financial Express Pune

Demat account growth in 2025 lowest in six years

THE TOTAL NUMBER of demat accounts stood at a record 215.93 million at the end of 2025, data from CDSL and NSDL showed.

time to read

1 min

January 10, 2026

Financial Express Pune

The D2C wave

SCALE, TRUST, DISTRIBUTION PAIRED WITH DIGITALAGILITY UNLOCK A MORE COMPETITIVE AND CREATIVE INDUSTRY

time to read

4 mins

January 10, 2026

Financial Express Pune

Major reforms expected in customs procedures

AS FINANCE MINISTER Nirmala Sitharaman is set to present the Union Budget for FY27 in Parliament on February 1, industry stakeholders and tax experts are expecting significant reforms in the customs procedures, particularly the simplification of the special valuation branch (SVB) process.

time to read

1 mins

January 10, 2026

Financial Express Pune

RBI guv: Regulators and regulated are in the same team

RESERVE BANK OF India (RBI) governor Sanjay Malhotra on Friday said digitalisation is transforming the financial system, demanding agility and collaboration in regulation and supervision.

time to read

1 min

January 10, 2026

Financial Express Pune

China to roll out package of policies

CHINA'S CABINET HELD a meeting on Friday about implementing a package of fiscal and financial policies to boost domestic demand, including initiatives to spur household consumption, state broadcaster CCTV reported.

time to read

1 min

January 10, 2026

Financial Express Pune

Bain’s Manappuram deal faces delay as RBI objects

SEBI, COMPETITION COMMISSION HAVE ACCORDED APPROVALS

time to read

1 min

January 10, 2026

Financial Express Pune

US job growth slows in December

US JOB GROWTH slowed more than expected in December amid business caution about hiring because of import tariffs and rising artificial intelligence investment, but the unemployment rate dipped to 4.4%, supporting expectations the Federal Reserve would leave interest rates unchanged this month.

time to read

1 min

January 10, 2026

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