Indian Centre for Islamic Finance delegation makes presentation at Yojana Bhavan The Indian Centre for Islamic Finance (ICIF) has made out a strong case before Prime Minister's Economic Advisory Council member V. S. Vyas for introducing interest-free banking in the country at the earliest to ensure “inclusive growth with innovation” in accordance with the recommendations of the Planning Commission's Raghuram Rajan Committee. An ICIF delegation from New Delhi, led by its general...
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RBI's policy dilemma
This week’s good news on food price inflation was evened out by the bad news on fuel prices hike. But, both were along expected lines. Thanks to the so-called “base effect” — the fact that last year this time food prices were rising sharply and since last year’s prices become the denominator in this year’s price ratio, the rate of inflation would be expected to moderate — and to an...
More »Bengal first in rape complaints by Cithara Paul
From No. 2 in the last three years, Bengal has crawled to No. 1 — in the number of rape complaints in the country. The state that was once regarded one of the safest for women has recorded 3,029 rape cases till October this year, displacing Madhya Pradesh that had the highest number in the past three years. According to provisional data being compiled by the women and child development ministry, Bengal...
More »Monsoon misery by TS Subramanian
Tamil Nadu: The north-east monsoon, 50 per cent in excess in the State, claims over 200 lives and destroys crops and infrastructure.A SERIES of weather systems, including a cyclone that missed Chennai narrowly, saw the skies open up over Tamil Nadu between November 4 and December 5, the period when the north-east monsoon is most active. Most of the 561 mm of rainfall that the State received between October 1...
More »Losing homes by Divya Gandhi
With the BRT Wildlife Sanctuary in Karnataka going to get a tiger reserve status, the Soligas living there face imminent eviction.NEVER before have the tigers of the Biligiri Rangaswamy Temple (BRT) Wildlife Sanctuary burned so bright, either in popular imagination or in administrative priority. With the Union Ministry of Environment and Forests approving “in principle” the status of a tiger reserve for the BRT sanctuary, the endangered cat has taken...
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