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Near-Catastrophe At Madhya Pradesh's Karam Dam Brings Tender Scam In Focus Again -Anurag Dwary

-NDTV.com Karam Dam one of many being probed, BJP has said; wider scam pegged at ₹ 3,000 crore; minister says won't spare guilty "even if from our party" Bhopal: Madhya Pradesh's Karam Dam, at the centre of a near-catastrophe after cracks earlier this week, has been in the headlines for leaks earlier too — of public Money, that is. Its part-collapse after heavy rain brings back into focus the e-tendering scam that...

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State govt orders district authorities to follow MGNREGA guidelines -Pranesh Sarkar

-The Telegraph The development is considered significant in the backdrop of Centre’s decision to freeze funds under the scheme citing embezzlement Calcutta: The state panchayat and rural development department has asked district authorities to strictly follow all norms for projects under the 100 days’ job scheme when central funds are released. The development is considered significant in the backdrop of the Centre’s decision to freeze funds under the scheme citing embezzlement. “The development is...

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India's female employment set to rise but may not be transformational

-Moneycontrol.com India’s low level of female participation is due to two major structural factors: more young women staying in education and a historic failure to implement labour market reforms and develop a strong manufacturing base. India’s female employment is set to rise over the coming years but may not be transformational, Capital Economics said in a note, after Prime Minister Narendra Modi focussed on women’s power in his Independence Day address. “We agree...

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Rupee Co-operative Bank’s collapse leaves many depositors in distress -Siddhi Nayak

-Moneycontrol.com Rupee Co-operative Bank's depositors are dealing with financial hardships and navigating family emergencies as they struggle to access their own Money In the 1990s, Virendra Kumar Joping’s father, a small-time carpenter, came to Pune from Rajasthan to earn a living. Over the years, he saved his hard-earned Money by opening a fixed deposit in Rupee Co-operative Bank. Rupee Co-operative Bank was among the trusted names in Pune. Little did the Joping family...

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Cereal inflation would be hard to tame amidst low rice acreage

Is India going to face inflation in cereal prices during the rest of the current financial year? Experts differ on this. An analysis by Nomura Global Economics and CEIC finds that a below normal monsoon does not always translate into high retail inflation in food. Similarly, an above normal southwest monsoon does not always bring down the rate of food inflation. However, some agricultural experts (please click here, here and...

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