-The Indian Express The Employees' Provident Fund Organisation is set to widen its investment horizon by including 'AAA' rated corporate bonds of any private company in its portfolio following a clean chit from Crisil, a move that can open up a window for blue-chip corporates to raise about Rs 35,000 crore through long-term debt papers annually. Crisil, which was appointed by EPFO to advice on investment portfolio, has said that none of...
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Dismal economic data adds to government’s woes
-The Times of India There was no let up in bad news for the government on the economic front. Amid the debate over slowing economic growth, data released by the Central Statistics Office (CSO) on Tuesday showed industrial output fell 0.6% in December, posing fresh policy challenges. This is the second successive month of decline for factory growth which has remained anaemic due to a string of factors including high interest rates,...
More »Rs 34-cr I-T notice to yoga guru Ramdev trusts
-The Hindustan Times Haridwar: The income-tax department has frozen the bank accounts of the two trusts run by yoga guru Ramdev and asked the Divya Yog Mandir Trust and Patanjali Yog Mandir Trust to pay up Rs. 34 crore. The trusts, registered as charitable organisations, were enjoying tax exemptions until a few months ago. The benefits have been withdrawn. Divya Pharmacy, run by the mandir trust, manufactured medicines and was earning profit...
More »I want my name back -Shaju Philip
-The Indian Express The victim in the Suryanelli rape case tells her story—a nightmare that lasted 40 days and the trauma that stayed with her every day for the past 17 years She is the ‘Suryanelli girl’. “But that’s not my name.” It’s not. It’s the name of the village in Kerala’s Idukki district where she lived a 16-year-old’s life—happy, innocent, smiling easily. She doesn’t smile easily anymore, but then, a lot...
More »Cabinet approves Rs.38,500 cr rural road development plan-Elizabeth Roche, Aman Malik and Ragini Verma
-Live Mint Proposal aimed at beefing up security, besides making sure development reaches neglected parts of India A day after the government pledged the partial decontrol of sugar in the next fortnight, the Union cabinet on Thursday approved a set of significant measures aimed at tackling Maoist insurgency and asserting its strategic hold over an area claimed by neighbouring China. The measures approved involve upgrading rural road connectivity with special emphasis on...
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