The government’s draft report on black money — that has been circulated to members of the high level committee on black money for final comments — confirms that details of the HSBC accounts in Geneva have given the country its biggest black money trail. Citing this as an instance where the government has moved fast in tracing the coded account holders, the report states that the receipt resulted in information...

For a change, Mangal Bedia did not board a crammed bus today and travel 15km to withdraw his old-age pension from a bank. The 70-year-old from Dohakatu village in Ramgarh district, along with 100-odd fellow elders, became the first citizens to access old-age pension by using their Aadhaar numbers with handheld ATMs on the doorstep. The banking service reached their village, thanks to the Unique Identification Authority of India (UIDAI). Until today,...

The government is considering to make changes in existing laws to abolish all forms of child labour under 18 years.  A government panel has recommended amendment to Child Labour (Prohibition and Regulation) Act that makes distinction between hazardous and non-hazardous categories of work for children under 14 years.  Child rights activists has been demanding for a revision in the definition of child labour to bring uniformity in all laws, and recognize all...

There will be no additional cost to the EPR 1650 MWe Pressurised Water Reactor (PWR), a Generation III+ nuclear reactor developed by Areva of France, in complying with the additional safety requirements recommended by the French Nuclear Safety Authority (ASN) in its Complementary Safety Assessment (CSA) report submitted in January. This was stated by Dr. Bernard Bigot, Chairman of the French Alternative Energies and Atomic Energy Commission (CEA), at a...

It is getting harder for jobseekers to return to gainful employment and for new entrants to find adequate jobs, says the ILO. THERE is little in the International Labour Organisation's (ILO) annual projection of job growth to cheer about. The year 2012 has been described as a year of stark reality. A third of the global workforce is currently unemployed or poor; that is, 200 million members of the 3.3-billion-strong global...