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Budget 2013: Super rich to pay more but no changes in income tax rates or slabs

-CNN-IBN Finance Minister P Chidambaram plans to get more income for the government by taxing the super-rich and the corporate sector even though he left untouched income tax rates and slabs. Chidamabaram allowed some relief for those who earn between Rs 2-5 lakh per year by announcing that they would be granted a tax credit of Rs 2000 and left most of the items untouched by not tinkering too much with...

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Budget 2013-14: Rs. 1,000 crore each for women, youth funds

-The Hindu   "To the women of India - we have a collective responsibility to ensure the dignity and safety of women. Recent incidents have cast a long dark shadow on our credentials. As more women enter public spaces...there are more reports of violence against them. We stand in solidarity with our girl children. We pledge to everything possible to keep them swcure. A number of measures are in the works...

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Demand for Internet and mobile services rising due to lower prices – UN report

-The United Nations There will soon be as many mobile cellular subscriptions as the 7 billion people inhabiting the planet, according to figures released today by the United Nations, which show that strong sustained demand for information and communication technology services is being encouraged by falling prices for broadband Internet. “The World in 2013: ICT Facts and Figures,” produced by the UN International Telecommunication Union (ITU), also shows that despite a positive...

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More people than ever have hearing loss that can be improved or treated, UN reports

-The United Nations More than 360 million people have disabling hearing loss, according to new global estimates released by the United Nations World Health Organization (WHO), which adds that production of hearing aids is not keeping up with the urgent demand. “Current production of hearing aids meets less than 10 per cent of global need,” WHO’s Shelly Chadha of the Department of Prevention of Blindness and Deafness said in a news release...

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Protein portents- Subir Gokarn

-The Business Standard Relative price changes across food items may impinge on long-term food security Rising food prices have been a significant driver of inflation in India over the past few years. In early 2008, there was a global surge in food prices, which certainly had an impact on the domestic situation. But, this subsided in a few months. Since then, the pressures seem to have been predominantly internal. If these trends...

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