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Indians spending less on food, says national survey -Vibha Varshney

-Down to Earth   Total consumer expenditure on processed foods, beverages, and refreshments level has increased Indians are eating badly; and the trend is getting worse each year. Data from the 68th round of the National Sample Survey (NSS) shows that the share of food in total expenditure has reduced both in rural and urban areas. This is despite the fact that food is getting progressively more expensive. Spending more on unhealthy foods Amongst the...

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80% of working women have no investment say: Report -Partha Sinha

-The Times of India MUMBAI: Less than one in five single working women, excluding those divorced and widowed, take their own investment decisions, a recent all-India survey has found. Despite handling responsibilities at their workplace, they depend on parents and family members, friends and financial advisers when it comes to taking a call on money matters such as where and how much to invest. The reasons for this behaviour vary from...

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Working class of India, untie from nanny state

-The Economic Times Over the last decade the UPA government has tried to reduce poverty by legislating a regime of rights accompanied by the national rural employment guarantee (NREG) programme -spending Rs 1,70,000 crore on this strategy. This strategy would have been fine if the transformation of India from a strong currency, high growth and low inflation economy to aweak currency, low growth and high inflation economy had been accompanied by a...

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Climate Change Report Predicts More Weather Disasters

As Fatal rains batter parts of the north Indian hill state of Uttarakhand, following a summer that also saw hundreds of deaths from heat waves, a new assessment out on June 19 from the World Bank warns of increasingly difficult effects of climate change on several parts of South Asia in the next 20-30 years. It argues that extreme weather events are likely to get more frequent, as temperatures rise. The...

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Rain toll rises to 131, over 73,000 pilgrims stranded

-The Times of India DEHRADUN/SHIMLA: Torrential rains continued to pour in bad news from north India on Tuesday, with flash floods, cloudbursts and landslips claiming 69 more lives and taking the official death toll to 131, making for the most tragic tidings of monsoon in recent years. More than 73,000 pilgrims bound for the Himalayan shrines of Kedarnath, Badrinath, Gangotri and Yamunotri remained stranded in Uttarakhand and about 1,700 tourists were...

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