-The Hindu Activist of RSV and HRF make field visit for two days Hyderabad: Some 20 chilli farmers had ended their lives in the last two months in Mahabubabad district alone unable to come out of the debt trap, claims a report. The condition of the families of the farmers who had committed suicide is so pathetic that they do not know what to do and where to go. These facts came to...
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From Amritsar’s 'Padwoman' to Mobile Repair Shop Owner: Meet AAP's 'Giant Killers' in Punjab -Vivek Gupta
-TheWire.in The widespread victories of lesser-known candidates in Punjab reveals voters’ entrenched anger with traditional parties in the state – an anger which AAP was able to capitalise on. Chandigarh: Even as the election verdict in Punjab sent shock waves across the country and beyond, it was less known faces that stole the show by defeating the bigwigs in the state. One of the major upsets of the election was the massive defeat...
More »RBI lifts interest cap on microfinance institutions, bans usurious rates
-Business Standard Borrower cannot be charged any amount not been explicitly mentioned in a factsheet, says regulator. The Reserve Bank of India (RBI) on Monday released its final guidelines for microfinance loans, lifting an interest cap and allowing companies to have a board-approved policy to price for such lending. The RBI will continue checking that microfinance institutions do not charge usurious rates. The regulator said each entity has to disclose pricing related information...
More »Sanctions within a Regime of Neo-liberalism -Prabhat Patnaik
-NetworkIdeas.org Before joining the neo-liberal order, India used to have “rupee payment arrangements” with the Soviet Union and Eastern European socialist countries under which the main international reserve currency, the US dollar, was used neither for settling transactions nor even as the unit of account in terms of which the trade-related transactions were denominated. The dollar in short was used neither as the means of circulation, nor even as the unit...
More »Afghan mineral wealth attracts competitors -Asad Mirza
-MuslimMirror.com Afghanistan’s mineral wealth might be able to help the Taliban to bankroll its developmental plans. Even when the American occupation of Afghanistan was in full steam and apart from the fighting there were mainly reports of the on-going fighting, yet there were secret reports, which spoke of the vast mineral wealth which Afghanistan possesses. There were further reports, which reported questioningly the Americans taking planeloads of soil from various regions of...
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