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Retail inflation inches up to 10.36% in May

-PTI Retail inflation moved up marginally to 10.36 per cent in May on account of increase in prices of vegetables, edible oils and milk. Based on the Consumer Price Index (CPI), the inflation for April was revised to 10.26 per cent from the provisional estimate of 10.32 per cent, according to the government Data release here on Monday. Vegetable prices recorded the maximum spurt in prices, up 26.59 per cent, followed by edible...

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Indians 55th biggest clients of Swiss banks

-PTI Indians' money in Swiss banks may have risen for the first time in five years, but they account for a meagre 0.14 per cent of total foreign wealth deposited there — putting India at 55th place internationally for such funds.  The total overseas funds in Switzerland's banking system stood at 1.53 trillion Swiss francs (about Rs 90 trillion) at the end of 2011, which included 2.18 billion Swiss francs (Rs 12,700...

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Panchayati raj and untouchability-Simon Chauchard

-The Hindu Business Line   Reservations for SC/STs may not impact redistribution as much as they can alter social prejudices and hierarchies. June 5, 2012: This year, India celebrates the 20th anniversary of the 73rd amendment. One of the most striking aspects of the modern Panchayati Raj defined by the amendment is the systematic reservation of political positions (pradhans, sarpanchs, and ward members) for villagers from the scheduled castes and scheduled tribes (SC/ST)....

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States say no to trials, GM research in the doldrums-Chetan Chauhan

India's Genetically Modified (GM) crop growth story has been stalled with just four states allowing field trials. An eminent scientist has sought Prime Minister's intervention in this regard.  Field trials of newly developed GM crops are important for scientific analysis of the yield and its commercial release. Till 2010, research institutions were free to conduct field trials anywhere in the country. But in 2011, the environment ministry had imposed a condition...

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NRHM scam: CBI likely to file 50 more FIRs-Abhishek Sharan

-The Hindustan Times The Central Bureau of Investigation (CBI), which is probing irregularities in the National Rural Health Mission (NRHM) scheme in Uttar Pradesh, is likely to register as many as 50 more cases. It will help the investigating agency track ‘beneficiaries’ who allegedly siphoned off funds from the office of chief medical officers (CMO) in 72 districts. The number of cases to be filed by the CBI will spiral as it will...

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