After taking the historic step of putting details of their assets and liabilities on the Supreme Court’s official website, some of the judges had to scurry for cover in the face of looming threat from cyber criminals and had to change their bank account numbers. Speaking at a national consultative meeting on launching of cyber law enforcement programme on Sunday, Chief Justice K G Balakrishnan said, "We had put on...
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Private banks gear up to take on public banks in rural India by Anita Bhoir
India’s private sector banks are busy drawing up plans to attack public sector banks in their backyard—rural India—by opening hundreds of new branches. They don’t need to seek the Reserve Bank of India’s (RBI) nod any more to open branches in smaller towns and large villages, the so-called tier III to VI centres with population below 50,000. The Indian central bank has also permitted private and public sector banks to...
More »Has India's poorest state turned the corner? by Amarnath Tewary
Has India's poorest and most lawless state turned the corner? If you believe the government of the northern state of Bihar, the answer appears to be in the affirmative. According to it, Bihar clocked up a giddy growth rate of 11.03% in 2008-2009. This would make it India's second fastest growing state economy, just behind the industrially-developed western state of Gujarat. Not so long ago, Bihar was written off as a...
More »How Bihar can rise as a developed state by Kailash Nautiyal
It is presumed that the industrial development in Bihar is hampered by lack of investments. Is it because of 'unproductive' government policies or an unpredictable law and order situation? And how to increase the flow of investment in the state? In order to find out answers to all such questions and debate these issues, Business Standard Hindi recently organised a roundtable in Patna. The seminar was attended by various small...
More »Delhi cops don't file FIRs in 90% of cases by Rahul Tripathi
Here's why it would be extremely embarrassing for Delhi to accept the Centre's ``advice'' that all complaints made to the police be filed as FIRs. If FIRs are indeed made mandatory, there would roughly be a 10-fold increase in the city's crime statistics. A study of PCR call records in Delhi reveals that on an average, nearly 20 complaints of snatchings are received every day while more than 10 calls...
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