-The Times of India Working in Delhi is more remunerative than Mumbai but you may have to do with fewer days off than in the country's financial capital. But if you are an employer, you may prefer to be in Mumbai, not because of lower wages, but due to value added by workers being higher than the wage. The World Bank's Ease of Doing Business report released on Tuesday shows that a...
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One year after demonetisation: Credit card use up but balance due surges by 39 per cent -George Mathew
-The Indian Express In fact, card outstandings have shot up by 77.74 per cent in the last two years, from Rs 33,700 crore in September 2015. Mumbai: Nearly A year after demonetisation, credit card usage has seen a sharp rise with outstandings rising 38.7 per cent during the 12 months ended September 2017. The total credit card outstandings - money spent by card holders and not repaid to the card company or...
More »50% of Indians bribed babus for services last year, says survey -Dipak K Dash
-The Times of India NEW DELHI: Almost five of 10 persons admitted paying bribes in the last one year to avail primarily government services and eight of those did so at local level to police, municipal officials and matters relating to property registration and VAT, according to a survey by an online platform. LocalCircles, which conducted the India Corruption Survey, claimed the poll received one lakh responses to a set of eight...
More »LED bulb safety alert -GS Mudur
-The Telegraph New Delhi: More than half the light emitting diode (LED) bulb brands sold in India breach the safety standards prescribed by the government's Bureau of Indian Standards, a lighting industry association said on Monday, citing a survey by a market research firm. The Nielsen survey has found that 36 to 73 per cent of LED bulb brands sold across 200 retail outlets in four cities failed to comply with the...
More »Forget 2022, more than 110 million Indians would remain poor forever -Richard Mahapatra
-Down to Earth The next generation of the current poor Indians has high probability of remaining poor as well. Lack of access to resources like forests and social discrimination have set in the dreaded chronic poverty among India’s socially marginalised groups, ironically the target of poverty eradication programmes since last 70 years Prime Minister Narendra Modi’s call to eradicate poverty in India by 2022, or in the next five years, is...
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