-The Times of India Working in Delhi is more remunerative than Mumbai but you may have to do with fewer days off than in the country's financial capital. But if you are an employer, you may prefer to be in Mumbai, not because of lower wages, but due to value added by workers being higher than the wage. The World Bank's Ease of Doing Business report released on Tuesday shows that a...
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One year after demonetisation: Credit card use up but balance due surges by 39 per cent -George Mathew
-The Indian Express In fact, card outstandings have shot up by 77.74 per cent in the last two years, from Rs 33,700 crore in September 2015. Mumbai: Nearly A year after demonetisation, credit card usage has seen a sharp rise with outstandings rising 38.7 per cent during the 12 months ended September 2017. The total credit card outstandings - money spent by card holders and not repaid to the card company or...
More »Future prospects basis for mishap payouts, says SC
-The Times of India NEW DELHI: In a verdict intended to provide "just" compensation to victims of road accidents, the Supreme Court ruled on Tuesday that compensation will be based on the future prospects of a deceased person rather than only loss of present income. A five-judge bench comprising Chief Justice Dipak Misra and Justices A K Sikri, A M Khanwilkar, D Y Chandrachud and Ashok Bhushan framed guidelines for making an...
More »50% of Indians bribed babus for services last year, says survey -Dipak K Dash
-The Times of India NEW DELHI: Almost five of 10 persons admitted paying bribes in the last one year to avail primarily government services and eight of those did so at local level to police, municipal officials and matters relating to property registration and VAT, according to a survey by an online platform. LocalCircles, which conducted the India Corruption Survey, claimed the poll received one lakh responses to a set of eight...
More »Crime scan on MPs
-The Telegraph New Delhi: The Supreme Court on Tuesday asked for details of members of Parliament alleged to have crime records and the status of trials pending against them following claims that more than one in every three lawmakers in Parliament had criminal antecedents. Justices Ranjan Gogoi and Navin Sinha, who were hearing a batch of petitions seeking a lifetime ban on convicted persons from contesting Assembly or parliamentary elections, asked petitioner...
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