-The Times of India BENGALURU: Among other things that emerged in the aftermath of the massive Punjab National Bank (PNB) scam is the active role of employees of the Public Sector Banks (PSBs) in multiple frauds over the years. TOI has accessed Reserve Bank of India data that reveals the number of cases involving staff across various states and the amount of loss reported. Overall, data from April 2013 to June 2016...
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Spells of heavy rainfall see two-fold increase -R Prasad
-The Hindu Phenomenon observed in cities Chennai: Very heavy rainfall lasting less than 24 hours (sub-daily) in urban locations in India has become more intense during the last few decades. The frequency of sub-daily rainfall extreme has also witnessed a two-fold increase between 1979 and 2015, say researchers from the Indian Institute of Technology-Gandhinagar. Currently, rainfall data is reported on 24-hour basis and long-term sub-daily observations are limited. In cities, heavy downpour for less...
More »We mean business, mostly -Pradeep Narayanan & Dheeraj
-The Hindu Business Line Lack of financial transparency and social inclusion is at the root of India’s lopsided growth story, finds the India Responsible Business Index ‘Sab kuchh dikhta hai (everything is visible)’, the tag line of the now controversial Rotomac pens seems to assume a sinister meaning in light of the recent financial fraud involving owners Vikram and Rahul Kothari. The recently unearthed Nirav Modi scam, with no LoU [Letter of Understanding]...
More »Transfer of NPPA head who capped stent, implant prices sparks protests
-The Times of India The transfer of the chairman of the National Pharmceutical Pricing Authority, Bhupendra Singh, who had capped the price of stents and knee implants and exposed the huge margins being charged by corporate hospitals has evoked howls of protest from public health activists. RSS-affiliate Swadeshi Jagran Manch too has taken exception to the move, tweeting sarcastically about the “reward” given to a bureaucrat for doing a good job. The All...
More »Government okays Rs 2,919cr Nirbhaya fund for creating 'safe cities'
-The Times of India NEW DELHI: The Centre on Thursday approved projects worth Rs 2,919 crore under the Nirbhaya Fund for creating “safe cities” with special focus on women safety in public spaces and quick response systems to create deterrence against crime. Eight cities where these initiatives will take shape include Delhi, Mumbai, Chennai, Ahmedabad, Kolkata, Bengaluru, Hyderabad and Lucknow. Between 2013 and 2017, the corpus of Nirbhaya Fund has grown to...
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