-Outlook Hit hard by demonetisation, India lost the tag of the fastest growing economy to China in the March quarter with a GDP growth of 6.1 per cent, pulling down the 2016-17 expansion to a three-year low of 7.1 per cent. The bad news of the economy growing at the slowest pace in three years mainly on account of poor performance of manufacturing and service sectors come at a time when the...
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India, China's Climate Change Efforts Make US Look 'Laggard': Report
-PTI China's emissions of carbon dioxide appear to have peaked more than 10 years sooner than its government had said they would and India is now expected to obtain 40 per cent of its electricity from non-fossil fuel sources by 2022, eight years ahead of schedule, it noted. New York: India and China are showing the way forward in the battle against climate change by greatly increasing their investments in renewable...
More »Ramdev's Patanjali products fail quality test, RTI inquiry finds -MS Nawaz and Anupam Trivedi
-Hindustan Times An RTI query revealed that Patanjali’s Divya Amla Juice and Shivlingi Beej failed to meet the quality standards. The lab report said 31.68% of foreign matter was found in Shivlingi Beej and amla juice had less than the prescribed limit of pH value. Nearly 40% of Ayurveda products, including items from Baba Ramdev’s Patanjali, were found to be of substandard quality by Haridwar’s Ayurveda and Unani Office, a Right to...
More »Drought-led migration is making girls prey to trafficking in Andhra Pradesh's Kadiri, pushing town towards HIV/AIDS -TS Sudhir
-Firstpost.com Dr Mano Ranjan has been working at the Institute of Infectious Diseases situated on the Anantapur-Kadiri Road in Andhra Pradesh since 2009. This is the premier institute for the entire Rayalaseema region (southern Andhra Pradesh) for those suffering from HIV/AIDS. Dr Ranjan gets 25 new HIV/AIDS patients every day. "It is a ticking time bomb," he says. Thirty percent of the cases are from hamlets in and around Kadiri, unarguably the...
More »Auditor Extraordinaire: The Curious Case of NPA Underreporting in India -Hemindra Hazari
-TheWire.in At Axis Bank and Yes Bank, it appears that a single auditor of a member firm of Ernst and Young has overlooked gross NPAs of a staggering Rs 13,655 crore. Recently, Axis Bank and Yes Bank jolted the Indian banking community while releasing their annual results. Both banks disclosed a staggeringly large divergence between the banks’ audited accounts and the Reserve Bank of India’s (RBI) findings regarding bad loans on the...
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