-The Guardian Land rights not just issue for developing world as report shows public subsidies help a few firms 'grab' vast tracts of EU land Vast tracts of land in Europe are being "grabbed" by large companies, speculators, wealthy foreign buyers and pension funds in a similar way to in developing countries, according to a major new report. Chinese corporations, Middle Eastern sovereign wealth and hedge funds, as well as Russian oligarchs and...
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'Congress vs Congress' as tribal ministry opposes mining in Andhra -Subodh Ghildiyal
-The Times of India In the continuing 'Congress vs Congress' green battle, the Union tribal ministryhas once again rebuffed the Andhra government's attempt to start mining in tribal pockets of Vishakhapatnam, rejecting the claim that ban on sale or lease of tribal land to non-tribals was not applicable to state corporations. Reiteration of the illegality came after Andhra mounted a fresh defence of the bauxite mining lease - after a meeting in...
More »In teary spectacle on TV, the crisis of Bengal's 'chit fund media' -Subrata Nagchoudhury
-The Indian Express On Monday, the Bengali new year's day, viewers who tuned into Bengali music channel Tara Muzik witnessed a spectacle never seen before on Indian TV. Anchors of the channel and independent artistes called in to present Barsha Baran, a programme to celebrate the new year 1420, wept copiously on camera while announcing that the channel, facing an unprecedented "crisis of survival", was shutting down. Hundreds of viewers commiserated with...
More »Interest rates may fall as inflation slows to 3-year low
-The Times of India The inflation rate slowed to a more than three-year low of 5.96% in March on the back of softening vegetable, fruits and milk prices, brightening the prospect of an interest rate cut by RBI while bringing relief for the politically beleaguered government. Lower interest rates would provide relief to thousands of borrowers reeling under the burden of high equated monthly installments ( EMIs) on their home loans. Data released...
More »CITU to campaign for slashed weekly work hours -P Sudhakaran
-The Times of India KANNUR: The CITU will next month launch a nationwide campaign, demanding the working hours in private sector companies be slashed to 35 hours from the present 48 hours a week. The campaign is to create more job opportunities. "One of our major discussions at the all-India conference of the CITU that concluded in Kannur on Monday was on the rising number of unemployed youth despite an increase in...
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