-The Hindu Fund-starved civic body mulls move Chennai: Owing to a severe fund crunch, the Chennai Corporation is now exploring the possibility of reducing the number of Amma canteens in the city. The civic body, which is unable to settle bills of contractors for completed infrastructure projects worth ?700 crore, is likely to reduce the number of canteens from 407 to 200. However, the decision to close many of these canteens has been...
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Food and farming: Two futures -Vandana Shiva
-Deccan Chronicle The slogan was that there would never again be scarcity of food because we can now make “bread from air”. There are two distinct futures of food and farming. One leads to a dead end. A dead planet: poisons and chemical monocultures spreading; farmers committing suicide due to debt for seeds and chemicals; children dying due to lack of food; people dying because of chronic diseases spreading due to nutritionally empty, toxic...
More »Retail inflation dips to record low in June, IIP slows in May
-The Times of India NEW DELHI: Retail inflation dipped to a record low in June on the back of sliding food prices, while industrial output growth slowed in May as manufacturing remained sluggish, mounting pressure on the RBI to cut interest rates when it reviews monetary policy on August 2. Data released by the Central Statistics Office (CSO) on Wednesday showed retail inflation, as measured by the consumer price index (CPI), rose...
More »Parliamentary panel to question RBI Governor Urjit Patel on demonetisation today
-The Indian Express The panel members have planned to ask Urjit Patel questions regarding RBI's preparedness for digital transition. They will also question about how much money has come back into the system after the November 8 decision to place the existing currency notes of Rs 1000. Reserve Bank of India (RBI) Governor Urjit Patel will appear before the Parliamentary panel on Wednesday to respond to clarifications demanded by the panel on...
More »IRDAI issues new norms for mediclaim policies -Rachel Chitra
-The Times of India CHENNAI: Many customers only realise at the time of making a claim that their health insurance policy does not cover certain medical conditions or ailment. Policy holders usually depend on what has been told to them by their insurance agents, who sometimes overstate the coverage. To prevent such cases, the Insurance Regulatory and Development Authority of India (IRDAI) has asked insurers to group together all policy exclusions...
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