-Moneycontrol.com The BSP has recorded a humiliating performance in UP once considered its bastion. Unless Mayawati initiates immediate reforms, the party will fade into oblivion  The Bahujan Samaj Party (BSP) has received a drubbing in the Uttar Pradesh assembly elections. It has recorded its worst performance since inception, largely due to a bipolar contest which saw its non-core as well as some core voters shift to the Samajwadi Party (SP) and the...

-The Hindu ‘It should portray culture and society’ The Parliamentary Committee on Home Affairs has said that the coming census exercise “should not merely be data-oriented; rather it should portray the perspective of culture and society.” Members of the panel felt that since the current census has not commenced yet, an effort should be made on the part of the Ministry of Home Affairs (MHA) through the Registrar General of India (RGI) to...

-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...

-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...

-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...