-The Hindu Business Line This is result of lacklustre credit growth to India Inc and tough priority sector lending norms Credit growth in the banking system continues to languish below the 10 per cent mark, far lower than the 14 per cent seen a year back. But there is one segment that has managed to grow faster than last year - loans to the agriculture sector. These grew 16.5 per cent in...
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UNESCO report lauds India’s progress -Rukmini S
-The Hindu Universal access ensured, but quality remains a challenge India has made remarkable strides towards ensuring education for all, a new global monitoring report shows. While access is now close to universal, the quality of education remains a major challenge, it says. In April 2000, the governments of 164 countries adopted the Dakar Framework to deliver Education For All commitments by 2015. On Thursday, the United Nations Educational, Scientific and Cultural Organisation...
More »Despite major gains, world's education goals far from achieved – UNESCO
-United Nations Just one third of countries have achieved all the measurable education goals set in 2000 and only half of all countries have achieved universal primary enrolment, the United Nations agency mandated with promoting learning spotlighted today, urging countries to bridge the $22 billion annual finance gap needed to achieve quality basic education for all by 2030. "The world has made tremendous progress towards 'Education for All'...however the agenda is far...
More »A third of top 500 firms’ books dodgy: SFIO -Subhomoy Bhattacharjee
-The Financial Express A forensic report prepared for the Serious Fraud Investigation Office (SFIO) shows over a third of India's top 500 companies, including those in the top 100, are "managing" their accounts. It finds that companies where promoters hold more than 50% of total shareholding are more likely to take such steps to impress markets with their performance. Both domestic companies and subsidiaries of multinationals listed in India show similar trends...
More »MP: Labourers lose job battle to harvesting machines -Rahul Noronha
-Hindustan Times Bhopal: In a 1957 Bollywood classic Naya Daur, man battles machine and prevails. But in the canal irrigated areas of Madhya Pradesh, manual labourers are losing to a combine harvester, a rapid harvesting machine. Combine harvesters that first made their appearance in the 1960s turned out to be more economical and efficient ways of harvesting crops and then on they began to challenge the manual labour. Now the situation has come...
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