-The Indian Express India bounced back from 2008 crisis thanks to stimulus packages, but faltered by letting these continue. And it still has a long way to go in ensuring greater coordination between govt and financial regulators. India did not have a rulebook to refer to a decade ago when it was hit by a seismic shock with its epicentre some 12,500 km away. In the initial days post the Lehman collapse...
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Why are rural wages crawling when farm GDP growth is galloping -Gaurav Choudhury
-MoneyControl.com A continued property market slowdown and a vegetable glut may have pushed landless labourers back to villages, seeking daily jobs and depressing wage growth India’s gross domestic product (GDP) growth looks set to cruise along the 7-7.5 percent trail, partly aided by steady farm incomes and record harvests on the back of plentiful summer rains over the last three years. But it may still be early to open the bubbly yet. The...
More »'Uneducated, unmarried women have less access to mobiles': study -Karishma Mehrotra
-The Indian Express The research shows that India’s mobile phone gender gap - 33 per cent - is among the highest in the world, surpassing several countries with comparable incomes, development levels, and mobile phone costs. New Delhi: Apart from economic constraints, social barriers like the level of education, marital status and the lack of empowerment prevent women’s access to mobile technology in India, suggests a study by the Harvard Kennedy School. The...
More »Judiciary has become another institution where Muslims are more and more under-represented -Christophe Jaffrelot & Gilles Verniers
-The Indian Express Judiciary has become another institution where Muslims are more and more under-represented While the percentage of Muslims in prison has never been higher — 21 per cent — the proportion of Muslims convicted — 15.8 per cent — is closer to their share of the population (14.2 per cent in the 2011 Census). This indicates that many Muslims arrested by the police and charged end up being acquitted, usually...
More »India to Pay Additional Rs 68,500 Crore as Foreign Debt Due To Rupee Fall
-News18.com The Indian Rupee has lost more than 11 percent to the dollar this year. The rupee fell past 72 per dollar to a record low on Thursday. New Delhi: With the Indian rupee sinking to record levels against the dollar, the Centre has yet another mega expenditure to cater to – foreign debt. At the current rate, India will have to shell out an additional Rs 68,500 crore, according to...
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