No error in High Court order in defamation case: Supreme Court In a setback to Times Now television channel, the Supreme Court on Monday declined to interfere with an interim order of the Bombay High Court that directed the Times Global Broadcasting Co. Ltd. to deposit Rs. 20 crore in cash and Rs. 80 crore as bank guarantee in the court in a defamation suit filed by the former Supreme Court...
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Supreme Court refuses to interfere on Times Now issue
-PTI The Supreme Court has declined to interfere with a Bombay High Court order that asked Times Global Broadcasting Company Ltd, owner of the Times Now TV channel, to deposit Rs20 crore in cash along with a bank guarantee of Rs80 crore before its appeal against a Pune trial court ruling awarding Rs100 crore in damages for defaming a former apex court judge PB Sawant could be heard. PB Sawant’s photograph was...
More »Asset quality, less credit to rural areas a concern: RBI
-The Economic Times The Reserve Bank today expressed concern over asset quality of banks and lower credit flow to rural areas, despite the fact that performance of Indian banks improved during the 2010-11 period. In its report titled 'Trend and Progress of Banking in India 2010-2011', RBI said that the Indian banking sector demonstrated continued revival from the peripheral spill over effects of the recent global financial turmoil in 2010-11, but despite...
More »India yet to introduce pneumonia shots by Kounteya Sinha
India records the highest number of child pneumonia deaths globally, but is among the only four of the 15 countries with the highest child pneumonia death toll that is yet to introduce the newest generation of pneumoccal vaccines. A Pneumonia progress report, 2011, released by the International Access Vaccine Centre ( IVAC) and John Hopkins Bloomberg School of Public Health last week shows that India recorded 3.71 lakh child pneumonia deaths...
More »Skepticism about HDRs by Bibek Debroy
This seems to be season for Human Development Reports (HDRs). UNDP's global HDR for 2011 has been published. In that, the headline grabbing number was that India is ranked 134th out of 186 countries. This ranking is based on HDI (human development index), a composite indicator with three sub-heads of health (life expectancy), education (literacy, gross enrollment ratio) and PPP per capita income. HDI ranges between 0 and 1 and...
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