-The United Nations The rapid growth of developing countries is propelling millions out of poverty on an unprecedented scale and radically reshaping the global system, according to a flagship United Nations report launched today. “The rise of the South is unprecedented in its speed and scale,” says the Human Development Report 2013, which uses the term “South” to mean developing countries and “North” to mean developed nations. “Never in history have the...
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After seven years on the run, rape convict Bitti Mohanti held in Kerala -Shaju Philip
-The Indian Express Kannur: Seven years after Bitihotra Mohanti alias Bitti jumped parole following conviction in the rape of a German national in Rajasthan, he was arrested from Kannur in Kerala on Friday night, bringing to an end one of the longest hunts for a fugitive in the country. The son of former Orissa DGP B B Mohanti, Bitti had been sentenced to seven years’ rigorous imprisonment by a fast-track court for...
More »Demand for Internet and mobile services rising due to lower prices – UN report
-The United Nations There will soon be as many mobile cellular subscriptions as the 7 billion people inhabiting the planet, according to figures released today by the United Nations, which show that strong sustained demand for information and communication technology services is being encouraged by falling prices for broadband Internet. “The World in 2013: ICT Facts and Figures,” produced by the UN International Telecommunication Union (ITU), also shows that despite a positive...
More »Budget 2013: Super rich to pay more but no changes in income tax rates or slabs
-CNN-IBN Finance Minister P Chidambaram plans to get more income for the government by taxing the super-rich and the corporate sector even though he left untouched income tax rates and slabs. Chidamabaram allowed some relief for those who earn between Rs 2-5 lakh per year by announcing that they would be granted a tax credit of Rs 2000 and left most of the items untouched by not tinkering too much with...
More »Rail Budget 2013: Measures that will cheer middle class
-The Times of India Railway minister Pawan Kumar Bansal on Tuesday announced many initiatives in his Rail Budget 2013 speech that will bring cheer to middle-income passengers. From better e-ticketing facilities to free wi-fi on select trains, the Railway Budget will lead to implementation of many passenger friendly measures. Here is a look at some of them: 1) e-ticketing through Mobile Phones. Project of SMS alerts to passengers providing updates on reservation status. In...
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