-The Times of India BANGALORE: Holders of fixed deposits have been earning a negative return in real terms for most of the preceding five years, thanks to inflation outstripping interest rates. To make matters worse, depositors continue to be taxed on this nominal income. Although bank fixed deposits have never been tax friendly, the level of compliance has been sketchy. But compliance is slowly getting stricter. In the past, RBI norms required banks...

-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...

-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...

-Frontline Despite the negative observations and criticisms, there is a strong case for MGNREGS works to be continued even in States with high per capita incomes. Hisar and Fatehabad: CONTRARY to general opinion, demand for work under the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) is high in Haryana. Contrary also to the views in recent discussion papers, one of them commissioned by the Commission for Agricultural Cost and Prices...

-The Telegraph Bengal - Defrauded Many households in Calcutta have a domestic help or a driver who has lost money by investing in Saradha schemes - a common thread that has spun a perception that the poor are the sole victims of the sham company. But Sudipta Sen's promise of high returns had blurred the divide between the haves and the have-nots as well as the educated and the uneducated. Travels across the semi-urban...