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Equity support to MSMEs: Rs 10,000-crore fund soon

This fund of funds may make downstream investments in venture capital and alternative investment funds that will, in turn, invest in MSMEs with AAA or AA-rated ratings.




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Largest Tech FDI: Facebook buys 9.9% stake in Reliance Jio for Rs 43,574 crore

According to Credit Suisse, Facebook's investment will accelerate Jio's digital monetisation drive wherein RIL transferred Rs 1.08 lakh crore of debt from Jio to Jio Platforms.




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Why Reliance Jio won’t be able to offer discounted services to its users – Explained

Other telcos may face the heat in the long term by the nature of partnership which over time may see their high-end subscribers moving on to Jio's network just by the brand pull of WhatsApp.




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Relief Package 2.0: Wait gets longer as govt puts together a larger response

India is among the last set of nations to face the Covid-19 outbreak, but the longer it takes to shape its economic response, the costlier its interventions will be, according to industry executives.




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Contingency Mechanism: Vodafone Idea gets Rs 1,530 crore from Vodafone Plc

As reported earlier, Vodafone Idea on Tuesday paid around Rs 1,367 crore to the department of telecommunications (DoT) towards its licence fee and spectrum usage charge for the January-March quarter.




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Firms get relief from IBC for six months, ordinance soon

While the Reserve Bank of India (RBI) has allowed borrowers a three-month repayment holiday for term loans, keeping insolvency proceedings in abeyance would be an additional breather for borrowers who may default on loan repayments thereafter.




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Falling crude: State-run OMCs may report Q4 inventory loss of Rs 33,000 crore

As retail prices of petroleum products are mapped with international rates, the steep fall of global crude prices in Q4FY20 meant that by the time refiners sold their products after processing crude, retail rates had fallen.




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DA increases frozen till July 2021; Centre, states to save at least Rs 80,000 crore in FY21

Currently there are about 48.34 lakh central government employees and 65.26 lakh pensioners. The DA/DR increases are in accordance with the accepted formula, which is based on the recommendations of the 7th Central Pay Commission.




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L&T loses Rs 12k crore revenue in Coronavirus lockdown

Urging the top management to rise up to the challenge, Subrahmanyan said that once the lockdown is lifted, everyone’s efforts need to double up to try and bridge the revenue gap.




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Coronavirus outbreak: Total lockdown in Chennai, 4 other Tamil Nadu cities from Sunday

The stricter lockdown measures in select cities are in the wake of increasing number of Covid-19 cases in the state, especially in the urban areas.




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COVID-19 lockdown: Most export units yet to restart, lack of SOPs in states a hurdle

Even some of the food processing companies have reported that they are not getting the raw material as village panchayats were not allowing anyone to enter to procure such raw materials.




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COVID-19 outbreak: Pune’s Serum Institute all set to make under-trial Coronavirus vaccine

Once the clinical trials are over and successful, SII will release its vaccine. If the clinical trials by Oxford are not successful then the loss will be of SII. Some limited clinical trials will be done by SII also.




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Rs 1 lakh crore fund soon to help clear dues to MSMEs: Gadkari

Speaking at an Assocham webinar, the minister said the fund will be used to clear dues owed to small businesses by state-run entities as well as industries.




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Polio vaccine could beat Coronavirus: Dr Robert Gallo, HIV co-discoverer

Dr Gallo and Dr Chumakov briefly talk about research showing non-specific protection from vaccines such as BCG, measles and other live attenuated (weakened) vaccines.




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Fixed-term employment: House panel for defining job tenures, adding safeguards

FTE workers/employees are entitled for all the benefits (except retrenchment compensation as termination of service as a result of completion of the tenure of FTE would not be considered as retrenchment) which are available to permanent employees.




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COVID-19 Lockdown: Govt revises own orders, stakeholders left clueless

In fact, the BJP-JDU government in Bihar has protested against students being allowed to move out of Rajasthan and wrote to the Centre recently calling it an “utter violation of guidelines issued by the MHA”.




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From e-tailers to kirana shops, local brands are the new flavour

A visit to any neighbourhood kirana shop will reveal piles of snacks, bakery goods, groceries, soaps and sanitisers that have been made in the immediate vicinity.




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Bureaucratic rejig: Tarun Bajaj to be new economic affairs secretary

The appointment of Bajaj comes at a time when the economy has been facing an unprecedented crisis due to the Covid-19 outbreak, and is expected to grow at just 1.9% in FY21, according to an IMF estimate, or even lower.




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Crude crash: Oil reserves get a leg-up since March, yet import bill shrinks in FY20

Meanwhile, domestic consumption of petroleum products in FY20 remained flat at 213.7 MT as sales of transportation fuels plummeted in March amid the country-wide lockdown.




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Emerging models: Small firms giving up office space to save rent

Given the Indian economy could well contract in 2020-21,following the disruption to the pandemic, even bigger companies might enourage some employees to work from home. For small businesses there might be no other option.




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COVID Combat: Now, states seek forest funds

A finance ministry official said some other state governments have also shown interest in borrowing from their respective state CAMPA funds, but refused to name them.




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Nipah lessons helped; there is no one-stroke flattening of the curve: Kerala Health Minister

Covid-19 is a new virus, whose behaviour is yet to be unravelled. Mutations cannot be ruled out. It is no one-stroke flattening of the curve.




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Use Coronavirus crisis to push reforms: PM Modi tells CMs

Uttarakhand Chief Minister Trivendra Singh Rawat said businesses should start operations in a phased manner, after taking precautionary measures.




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Big boost: No cut in states’ tax share till January

Centre to stick to convention, transfer 70% of budgeted FY21 tax share of states in 10 months




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Govt working on Aarogya Setu App for feature phones

Further, the app will also have added features like the e-pass for movement during the restrictions imposed by the government to fight the pandemic.




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AIF Plan: Only a fifth of Rs 5,000 crore earmarked disbursed so far due to COVID-19 curbs

According to a recent industry estimate, as many as 4.58 lakh housing units were facing delayed delivery across 1,509 stalled projects.




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India’s only UV lamp makers flooded with orders amid Coronavirus outbreak

Hospitals were not keen earlier and considered using UV lamps in the HVAC systems only because there was a 10-15% savings in the electricity bill and not because it improved air quality and killed microbes, Kulkarni said.




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India to suffer significant contraction, requires Rs 10 trillion stimulus: Former CEA Arvind Subramanian

Speaking at the Indian Express e-Adda from the US, Subramanian said that distribution of food and cash are the two key tools India should be using to help people tide over the crisis.




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SC rejects Rs 4,761 crore tax refund to Vodafone, telco to get only Rs 733 crore

Tax experts said that in case Vodafone Idea is dissatisfied with the final scrutiny it can challenge the order but it would have to go through all the regular channels by first appealing in the income tax tribunal and then upwards.




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Reliance Jio’s net profit up 73% in Q4

Jio's voice volume at 876,340 million minutes registered an increase of 6% compared to the preceding quarter. Usage per customer at 771 minutes, per month registered a rise of 1.4% sequentially.




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Lockdown relaxation: Let inter-state trucks move freely without passes, MHA tells states

“This is essential for maintaining the supply chain of goods and services across the country during the lockdown period,” Union home secretary Ajay Bhalla reiterated in a letter to state chief secretaries.




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India to roll out scheme to woo MNCs to relocate from China

Many independent agencies have forecast that Indian economy may grow at less than 1% in FY21 from around 5% (advance estimate) in FY20.




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Power package: Rs 90,000-crore credit line to fund discoms afresh, but with strict riders

States need to undertake to clear departmental dues, fast-track subsidy release to receive first tranche of Rs 45-k cr; show evidence of action to get the balance




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HUL sees more troubles ahead

The company’s net profits saw a slight fall to Rs 1,519 crore as the operating profit margin came in at 22.9%, down 160 basis points y-o-y leaving the operating profit lower by 15% y-o-y at Rs 2,065 crore.




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Lockdown relaxation: Special trains ferry stranded migrants, students

To ensure safety, passengers would be screened by the sending states and only those found asymptomatic would be allowed to travel. Sending state governments will have to bring these persons in batches that can be accommodated in the train to the designated railway station in sanitised buses following social distancing norms and other precautions.




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West Bengal’s numbers get more and more curious

On Thursday, the expert committee set up by the state said 105 persons infected by the virus had died, but just 33 of these died due to the virus.




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Lockdown effect: No rules of social distancing apply here

Social media use surges; average time spent on platforms like Facebook and Instagram up by over 60%.




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Online Express Adda: Key Covid strategist, AIIMS chief Guleria is guest today

The Indian Express will host its second online Express Adda with Dr Guleria, also internationally renowned pulmonologist, on Monday, May 4.




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Fresh infusion: Jio Platforms gets $750 million from PE firm Silver Lake

The Silver Lake infusion values it at an equity value of Rs 4.90 lakh crore.




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Economic Relief Package 2.0 soon, possible to raise $60 billion by listing govt bonds overseas: CEA KV Subramanian

In an interview to India Today channel, the CEA said: “About $4 trillion of money tracks these (global) bond indices. India is expected to get a weight of around 1.5-3%. Even if you take 1.5%, that translates into $60 billion.”




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Convert a text-based measurement to a number in SAS

Regular expressions are a powerful method for finding specific patterns in text. The syntax of regular expressions is intimidating, but once you've solved a few pattern-recognition problems with regex, you'll never go back to your old methods.

The post Convert a text-based measurement to a number in SAS appeared first on The SAS Dummy.




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Read RSS feeds with SAS using XML or JSON

This blog post could be subtitled "To Catch a Thief" or maybe "Go ahead. Steal this blog. I dare you."* That's because I've used this technique several times to catch and report other web sites who lift the blog content from blogs.sas.com and present it as their own. Syndicating blog [...]

The post Read RSS feeds with SAS using XML or JSON appeared first on The SAS Dummy.





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How to share your SAS knowledge with your professional network

SAS Global Forum 2020 is not the conference experience we thought it would be. Thousands of us had planned to gather in person to share our enthusiasm and knowledge about SAS and power of data and analytics. We were going to combine our skills and knowledge to inspire one another [...]

The post How to share your SAS knowledge with your professional network appeared first on The SAS Dummy.





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Challenge accepted: Learning data prep in CASL

As a long-time SAS 9 programmer, I typically accomplish my data preparation tasks through some combination of the DATA Step, Proc SQL, Proc Transpose and some housekeeping procs like Proc Contents and Proc Datasets. With the introduction of SAS Viya, SAS released a new scripting language called CASL – a [...]

Challenge accepted: Learning data prep in CASL was published on SAS Users.




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Frequently asked questions related to COVID-19 and SAS customer support

COVID-19 is truly a global health issue affecting everyone and causing concern for you, our customers. As we all continue to navigate the uncertainty of this outbreak, SAS is committed to supporting your business as a valued partner and will ensure continuity of service. We created this guide to address [...]

Frequently asked questions related to COVID-19 and SAS customer support was published on SAS Users.




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Tips and resources for making the most of your SAS experience

Let’s be honest, there is a lot of SAS content available on the web. Sometimes it gets difficult to navigate through everything to find what you need, especially if you are looking for complimentary resources. Training budgets can be limited or already used for the year, but you’re still interested [...]

Tips and resources for making the most of your SAS experience was published on SAS Users.




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Free e-book: SAS Programming for R Users

At SAS Press, we agree with the saying “The best things in life are free.” And one of the best things in life is knowledge. That’s why we offer free e-books to help you learn SAS or improve your skills. In this blog post, we will introduce you to one [...]

Free e-book: SAS Programming for R Users was published on SAS Users.