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Fixed deposits earning you negative returns-Mayur Shetty

-The Times of India BANGALORE: Holders of fixed deposits have been earning a negative return in real terms for most of the preceding five years, thanks to inflation outstripping interest rates. To make matters worse, depositors continue to be taxed on this nominal income. Although bank fixed deposits have never been tax friendly, the level of compliance has been sketchy. But compliance is slowly getting stricter. In the past, RBI norms required banks...

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Coming up short in India- Dean Spears

-Live Mint Debates on malnutrition ignore links with sanitation and disease and the burdens these impose on children Children in India are among the shortest in the world. Widespread child stunting is a human development tragedy. This is not because there is anything wrong with being short or anything inherently good about being tall. The tragedy is because of what makes children short: we all have different genetic potential heights, but...

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Dams and disasters in the Himalayas -Anirudh Burman

-Live Mint Fast clearance of river projects and the lack of disaster preparedness have wreaked havoc in Uttarakhand Relief operations in disaster-ravaged Uttarakhand have ended and the time seems ripe to take account of the institutional frailties that have contributed to the ongoing human disaster in the state. Chief minister Vijay Bahuguna has been blamed for inaction when the disaster first struck and has also admitted that the state did not...

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Short-circuiting debate

-The Business Standard Food security should not be treated as a political ploy The government's rush to push through food security legislation as an ordinance, instead of waiting the few weeks till the next Parliament session, is disturbing. There continue to be several major problems with the food security scheme that deserve to be more thoroughly discussed at the highest level of law making than they have been so far. Nobody can...

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Cong eyes rich harvest from food security

-The Telegraph New Delhi: The Congress today indicated that the food security scheme would be its main electoral plank, describing it as the biggest ever government intervention in the world to fight hunger and malnutrition. President Pranab Mukherjee today signed the food security ordinance that entitles two-thirds of India's population to 5kg food grains every month at highly subsidised rates. The Centre plans to convert it into an act soon. Congress communications chief...

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