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India has half the world’s modern slaves: Study

-The Times of India Sixty-six years after independence, India has the dubious distinction of being home to half the number of modern day slaves in the world. The first Global Slavery Index has estimated that 13.3 to 14.7 million people live like slaves in the country - roughly equal to the population of Kolkata. The index, published by the Australia-based Walk Free Foundation, ranked 162 countries based on three factors that include...

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Wal-Mart gets clean chit in Fema case-Deeptiman Tiwary

-The Times of India NEW DELHI: The Enforcement Directorate has given a clean chit to Wal-Mart, the world's largest supermarket chain, in a case related to alleged violation of Foreign Exchange Management Act (Fema), a move that may pave the way for the US retailer to pursue its India investment plans more aggressively. Earlier this week, ED wrote to the RBI, saying a case of violation could not be made out as...

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Govt was alerted on water: DVC -Pinak Ghosh and Pranesh Sarkar

-The Telegraph Kolkata: The Damodar Valley Corporation (DVC) had not only alerted officials in Bengal to the possibility of releasing water from two dams four days in advance but also waited until the danger mark was crossed by four feet, a senior official of the central PSU has told The Telegraph. "The claim of the state government that it was not informed regarding the release of excess water is incorrect. The state...

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Industry tops anti-graft rankings

-The Telegraph Mumbai: Just when India Inc is battling a welter of accusations about crony capitalism, Transparency International has put out a report that will buttress its argument that the CBI-inspired witch hunt to name and shame some of the best-known business barons in the country is "preposterous and unwarranted". The report says Indian companies have the greatest commitment to fight corruption and the best internal systems in place to do so...

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SC glare on FM news fetters

-The Telegraph New Delhi: The Supreme Court today hinted at allowing private FM and community radio stations to broadcast their own news and current affairs programmes, a privilege so far enjoyed only by the Centre-run All India Radio (AIR). "Only TV channels are allowed to broadcast news. Radio channels have access to every village, nook and corner. We will examine the issue. We will impose some conditions.... (before granting permission)," a bench...

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