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80% of working women have no investment say: Report -Partha Sinha

-The Times of India MUMBAI: Less than one in five single working women, excluding those divorced and widowed, take their own investment decisions, a recent all-India survey has found. Despite handling responsibilities at their workplace, they depend on parents and family members, friends and financial advisers when it comes to taking a call on money matters such as where and how much to invest. The reasons for this behaviour vary from...

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Conjugal conundrums -K Venkataramanan

-The Hindu The order may give rise to property and employment benefit claims relating to unmarried people. Parents could find sexual partners of their children making demands for a share of their assets. The discussion on the Madras High Court verdict on the implications of sexual relationships between unmarried couples has been wide-ranging - from mirthful responses to the suggestion that such liaisons could attain marital status under certain circumstances, to sympathetic...

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Why India Trails China-Amartya Sen

-The New York Times CAMBRIDGE, Mass. - MODERN India is, in many ways, a success. Its claim to be the world's largest democracy is not hollow. Its media is vibrant and free; Indians buy more newspapers every day than any other nation. Since independence in 1947, life expectancy at birth has more than doubled, to 66 years from 32, and per-capita income (adjusted for inflation) has grown fivefold. In recent decades,...

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Bitter pill

-The Business Standard Drugs are unaffordable, but price control is the wrong answer There is little doubt that medicines in India are too expensive for most of the population. For the poorest 20 per cent of Indians, the expenditure on medicines alone is 85 per cent of what they spend on their health, according to the National Sample Survey. A World Bank study on the subject found that just out-of-pocket medical costs...

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60,000 sq km of Western Ghats to be green zone -Nitin Sethi

-The Times of India NEW DELHI: The Union environment ministry is expected to approve the K Kasturirangan panel report on Western Ghats and declare around 60,000 square kilometers of the southern hills - spanning across six states - as no-go area for mining, thermal power plants and heavily polluting industries. Sources in the ministry said, the process has begun to finalize the decision after receiving comments from public and state governments on...

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