-The Times of India MUMBAI: Less than one in five single working women, excluding those divorced and widowed, take their own investment decisions, a recent all-India survey has found. Despite handling responsibilities at their workplace, they depend on parents and family members, friends and financial advisers when it comes to taking a call on money matters such as where and how much to invest. The reasons for this behaviour vary from...
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UN warns India against disaster risks in major PPP projects -Pradeep Thakur
-The Times of India NEW DELHI: A United Nations (UN) report has warned India that it is at greater risk by opting for public private partnership (PPP) mode of investment for raising its public infrastructure where the government has less control over its executing private partners and the latter has little interest in long term safety of the projects. A UN study, the Global Assessment Report (GAR) on disaster risk reduction, released...
More »Poor in villages live on Rs 17 a day, in towns on Rs 23 a day: Survey -Mahendra Singh
-The Times of India NEW DELHI: The poor in rural areas spend only Rs 17 per day while those living in Cities and towns spend Rs 23 a day, a government survey has revealed. The bottom 5% of the population had an average monthly per capita expenditure of Rs 521.44 in rural areas and Rs 700.50 in urban areas, according to National Sample Survey (NSS) data for 2011-12 (July-June). The top 5% of...
More »Unemployment in India on the rise, rural women worst hit
-The Times of India NEW DELHI: Between 2009-10 and 2011-12, the proportion of people working slipped slightly in India, and the share of unemployed persons ticked up, a government report released on Thursday has revealed. In 2009-10, 36.5% of the population was gainfully employed for the better part of the year. By 2011-12, the proportion of such workers had dipped to 35.4%. Meanwhile the unemployment rate went up from 2.5% to...
More »Rising temperatures, Excessive rainfall, heat extremes no longer distant risks: World Bank -Urmi A Goswami
-The Economic Times NEW DELHI: Rising temperatures on account of checked climate change would lead longer warm spells, heat extremes by as much as one-fifth of South Asia's land mass, and a higher incidence of excess rainfall. These are no longer distant risks according to the World Bank. By 2040, unprecedented heat could affect more than 5% of South Asia's land mass. And if efforts to counter rising temperatures are not...
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