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Rs 71,500 crore worth of bank frauds detected in FY19: RBI report -Ashwin Manikandan

-The Economic Times Indian banking system detected Rs 71,500 crore worth of frauds in financial year 2018-19, the RBI report said. Indian banking system detected Rs 71,500 crore worth of frauds in financial year 2018-19 which to put in scale is slightly more than the Rs 71,000 crore recapitalisation package planned by the government to revive the health of its public-sector banks. Interestingly, over 90 percent of these losses were to the government...

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GST collections dip below Rs 1 lakh crore to Rs 98,202 cr in August

-The Indian Express This is the second time during this year that the revenue collection from the GST slipped below the Rs 1 lakh crore mark. First, it happened in June when the collection was Rs 99,939 crore. New Delhi: The Goods and Services Tax (GST) collections have dropped to Rs 98,202 crore in August from over Rs 1.02 lakh crore in the previous month. However, total GST for August this...

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'Population Explosion': The myth that refuses to go -Sarojini Nadimpally

-TheWire.in Even more dangerously, demographically driven population regulation measures, ignore women's rights over their own bodies. The spectre of population control has emerged to haunt us yet again. The Prime Minister of India, in his Independence Day speech on the August 15, expressed concern about “population explosion creating various problems for the coming generations” and complemented those who “follow the policy of the small family” as contributing to the development of...

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Slowdown Blues: Govt needs to raise income levels of working population to boost growth -Prasanna Mohanty

-Business Today Now that a decline in private consumption is pulling down economic growth, the focus needs to shift to improving wages and other measures to spur demand and savings, which does not seem to be happening now New Delhi: That the Indian economy is slipping into a recession is quiet apparent. The real GDP growth has gone down from a peak of 8.2% in 2016-17 to 6.8% in 2018-19, with the...

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What the data tells us: Are Muslims responsible for India's 'population explosion'? Not quite -Ali Mehdi

-The Times of India blog The Prime Minister expressed concern about ‘population explosion’ in his Independence Day speech, and referred to those with small families as patriotic, ‘responsible citizens’. Last month, BJP MP Rakesh Sinha introduced the Population Regulation Bill, 2019, in the Rajya Sabha. He later claimed that his Bill was not aimed at any religion, caste or community. Regardless, the Shiv Sena targeted a section of the Muslims for...

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