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From improving yield to generating steady income, technology is changing the game for small farmers in UP and Jharkhand
Sulekha_nair •In India, 80 percent of farmers are smallholders who farm on less than two hectares of land and the use of technology to increase the yield is beyond their means
Byju's turns profitable for first time, reports total revenue of Rs 1,430 crore in FY19; gears up for US market entry
Fp Staff •Byju's said the growth in revenue was fuelled by deeper penetration across India and significant growth in the number of paid subscribers
'8,02,000 infants died in India in 2017': UN report claims gender gap in surviving girl child dropped significantly
•The number of infant deaths has come down from 8.67 lakh in 2016 to 8.02 lakh in 2017. In 2016, India's infant mortality rate was 44 per 1,000 live births.
Online education start-up Byju's in talks with private equity firms to raise around $200-300 million
Fp Staff •The deal, expected to close within the next few weeks, will value Byju’s at $2.2-2.4 billion if the talks are successful
International Finance Corp invests $10 mn in Power2SME, to advise startup on expansion
Ians •Since 1956, IFC has invested in over 400 companies in India, providing $17 billion in financing to the private sector.
World Bank, International Monetary Fund propose global carbon tax
Fp Archives •One of the smartest ways to fight global warming is putting a price on carbon dioxide pollution, some key world leaders said at Monday's international climate summit.
IFC issues new masala bonds under its $3 bn Global Rupee Bond Programme
Ma Deviah •Masala bonds widen the range of investment opportunities for money managers.
India ranks 134th in ease of doing business despite reforms
Fp Archives •India ranked a lowly 134 in the ease of doing business index, but implemented the most number of business regulatory reforms in 2012-13 reforms in the South Asian region.
World Bank will work with proposed BRICS bank
Fp Archives •The World Bank is looking forward to associate itself with the proposed development bank for BRICS, its President Robert B Zoellick said.
Japan says Yes to US nominee to head World Bank
Fp Archives •Jim Yong Kim, a physician and anthropologist, was named by the Obama administration in March as the US pick to succeed Robert Zoellick when he steps down in June.