-Outlook Telecom Minister Kapil Sibal today said Department of Posts and state-run BSNL should waive-off fees charged on money transfers by people in the Below Poverty Line (BPL) category, under the Mobile Money Transfer Service launched today. "I would urge the two departments, as a first step before revising the transaction cost... To ensure that BPL category people, when they send money, do not pay transaction cost at all," Sibal said while...
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Most of India worried about jobs and inflation this Diwali -Gaurav Choudhury
-The Hindustan Times As Prime Minister Manmohan Singh and his team pull out all stops to shake off criticism of policy paralysis with a string of reform measures, rising prices and sliding growth continue to remain key worries. A Hindustan Times survey, one of the largest of its kind covering 28,395 respondents across 13 cities, shows nearly two in three (62.7%) of the people surveyed said that high food prices were hurting...
More »The New Wave Of Energy-Yashodhara Dasgupta
-Business World Wind, water and the sun can help India cut dependence on coal and gas For India, energy security has never seemed more real, more urgent than now. Forty per cent of the country’s 1.2-billion populace is yet to have access to electricity. Even those getting grid supply suffer poor quality of power. Towns see power cuts more than half the day. The country’s energy deficit, according to the Central Electricity...
More »That's rich! Starbucks paying staff 25p an hour in new Indian cafes-Nick Owens and Gethin Chamberlain
-Mirror News Tax row coffee chain pays 'poverty wages' despite making £222 million profit in three months TAX row coffee chain Starbucks is paying workers just 25p an hour at its newly-opened stores in India. The pittance falls far below the country’s official living wage and means some staff earn less in a day than the price of the cheapest cup of Starbucks coffee in the UK. Details of the wages emerged as the...
More »Sebi asked for details on RIL-RPL deal in insider trading case-Anirudh Laskar, Aman Malik and Khushboo Narayan
-Live Mint Information commission asks Sebi to disclose details of consent order proceedings, identities of entities involved Mumbai/New Delhi: The Central Information Commission (CIC) has directed India’s stock market regulator to disclose all details related to the insider trading case involving Reliance Petroleum Ltd (RPL) in 2007, in a move that could have a bearing on not just the functioning of the Securities and Exchange Board of India (Sebi), but also the...
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