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Bank Frauds Zoom to Rs 71,500 Crore in 2018-19

-PTI A total of 6,800 cases of fraud were reported by scheduled commercial banks and some financial institutions in last fiscal, the RBI said in an RTI query. New Delhi: Over 6,800 cases of bank fraud involving an unprecedented Rs 71,500 crore have been reported in 2018-19, the Reserve Bank of India (RBI) has said. A total of 5,916 such cases were reported by banks in 2017-18 involving Rs 41,167.03 crore, it said. As...

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The sum and substance of the jobs data -Sonalde Desai

-The Hindu Rising unemployment must also be seen as a function of rising education and aspirations The report from the Periodic Labour Force Survey (PLFS) is finally out, garnering a lot of attention based on selective reading of tables and spurring partisan debates. In particular, the staggering increase in the unemployment rate, from 1.7% in 2011-12 to 5.8% in 2017-18 for rural men and from 3.0% to 7.1% for urban men, has...

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An Estimated Rs 60,000 Crore Spent in 2019 Lok Sabha Elections: CMS Report -Prudhviraj Rupawat

-Newsclick.in The report released today by the Centre for Media Studies has estimated these elections as the most expensive elections held ever; BJP spent about 45% of the total expenditure. With an estimated Rs 60,000 crore front-end expenditure, the recently concluded 2019 Lok Sabha elections is the most expensive elections held ever, according to a report by Centre for Media Studies (CMS), a premier research organisation. The report estimated that Rs 700...

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Media landscape not pluralistic, finds study

-The Hindu Trend is towards control of content The production of media content and its distribution are becoming increasingly combined and concentrated in the hands of a few, finds the Media Ownership Monitor (MOM), a research project carried out in India over the past six months by Reporters Without Borders and the Delhi-based digital media company dataLEADS. The study, presented in Delhi on Wednesday, also assesses the media space as a narrow one,...

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No ghost voters, says Election Commission

-The Hindu New Delhi: “The provisional voter turnout data, reported on the ECI website, is only the tentative number of voters and not the final numbers. Therefore, it is an incorrect inference to find ghost voters when there are none,” the poll panel said. The Election Commission on Saturday said there were no “ghost voters” in the Lok Sabha election, as reported in a section of the media based on the provisional...

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