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Food Security Bill to partly hurt ongoing recovery; 1QFY14 earnings in focus

-The Economic Times MUMBAI: The Union Cabinet this week passed an ordinance to implement the National Food Security Bill (NFSB). The bill guarantees legal entitlement of food grains at a subsidised price to ~67 per cent of India's population. The ordinance will come into effect immediately once it is signed by the President. But it also needs to be approved by both the houses of Parliament in the monsoon session within six...

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Unpalatable truths -K Srinath Reddy

-The Hindustan Times The recent release of The Lancet's special edition on Maternal and Child Nutrition in Delhi provided an occasion to debate the relevance of its recommendations for India. The discourse was enlivened by a statement, released ahead of the event by several Indian health experts, challenging the content and intent of some of the suggested interventions. Three authors of The Lancet series and many of the critics who issued that statement...

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Gruel, rice and tamarind water-Brinda Karat

-The Hindu     The Kerala government has not learnt anything from the Attappady tragedy. Nutrition levels of women and children, most of them tribals, continue to remain dismal in the area At the Agali Community Health Centre in Attappady, Palakkad district, Kerala, Kavitha tends to her four-year-old child lying listlessly on the cot, critically ill. The doctor says the child is severely malnourished. He also says there are eight such infants and children,...

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Bribery probe against Walmart inconclusive, but no clean chit to US retailer -Anandita Singh Mankotia

-The Economic Times NEW DELHI: Terming some of the answers provided by Walmart as "incomprehensible" and parts of the deposition by its just departed India boss Raj Jain as "ambiguous", a government committee set up to look into whether the US behemoth indulged in bribery in India, has refused to give it a clean chit, complicating its efforts to draw a line under the episode. The one-man committee under Justice Mukul Mudgal...

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India has addressed shortfalls in fight against black money: FATF

-PTI     FATF is an inter-governmental body that sets standards and promotes policies to combat money laundering and terrorist financing for countries across the world. In a major boost to measures being taken by India against money laundering and terror financing activities, the Financial Action Task Force (FATF) today said the country has substantially addressed the deficiencies in its regulatory framework and has become largely compliant with global standards in this regard. FATF is...

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