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Fixed deposits earning you negative returns-Mayur Shetty

-The Times of India BANGALORE: Holders of fixed deposits have been earning a negative return in real terms for most of the preceding five years, thanks to inflation outstripping interest rates. To make matters worse, depositors continue to be taxed on this nominal income. Although bank fixed deposits have never been tax friendly, the level of compliance has been sketchy. But compliance is slowly getting stricter. In the past, RBI norms required banks...

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Govt report finds suburb where Ishrat lived 'insecure, discriminated against' -Zeeshan Shaikh

-The Indian Express mumbai: Residents of Mumbra, a suburb northeast of mumbai and known to many as the place where Ishrat Jahan lived, suffer from a feeling of insecurity and a perception of discrimination, according to a study commissioned by the Maharashtra government's minority development department. The preliminary findings of the 2011 study, conducted by Dr Ranu Jain of the Tata Institute of Social Sciences, were presented to the government Friday. The study,...

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Diabetes combo pills spark worry-GS Mudur

-The Telegraph The proliferation and sales of anti-diabetes combination pills that contain two drugs to control blood sugar has stirred concerns in medical circles that a large proportion of diabetes patients in India are not receiving ideal treatment. A study by Indian and British researchers has shown that such two-drug combo pills accounted for more than half of the sales of all oral anti-diabetes medications in India last year, although doctors say...

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Food security bill has a sting in the tail for Maharashtra-Yogesh Pawar

-DNA The Centre may have used the ordinance mode to push through with the Food Security Bill in the hope that this will bring political dividends but many of its stipulations will lead to serious challenges, even in a Cong-NCP ruled state like Maharashtra. On one hand, the total food grain availability in the state will go up from 3.95 lakh tonnes to 4.25 lakh tonnes, but only 75% from existing...

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Delhi home to ditched wives -Ananya Sengupta

-The Telegraph New Delhi: Delhi now has the dubious distinction of being home to the most "honeymoon wives" - women abandoned by NRI husbands - in the country. The latest annual report of the NRI cell of the National Commission for Women (NCW) reveals that Delhi registered 59 such cases in 2012-13. Punjab, which has for years grappled with the problem of young brides abandoned within days or weeks of marriage, registered...

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