-TheNewsMinute.com 38-year-old Azhar Maqsusi is famous across the city and the country for relentlessly feeding hundreds of people every day. What do you do when you see children begging at a traffic junction in a crowded city? What would happen if you give them ‘two rotis’ instead of money? This is exactly what 38-year-old Azhar Maqsusi from Hyderabad has been advocating for the past one year, with his ‘do roti’ (two rotis) campaign....
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Assured return offers by realtors and jewellers to be treated as Ponzi -Sidhartha
-The Times of India NEW DELHI: The proposed law to crack down on Ponzi schemes will bar real estate developers that offer fixed returns till possession as well as schemes from jewellers as the government believes that they are “unregulated deposits”. The clampdown on realtors, jewellers and other deposit-seeking entities is part of the Banning of Unregulated Deposit Schemes Bill, which was cleared by the Cabinet on Wednesday and is expected to...
More »86% of Bank frauds tied to loans, 99% in case of PNB -Chethan Kumar
-The Times of India BENGALURU: From misuse of letters of credit, guarantee or undertakings to diversion and siphoning of funds, a variety of frauds linked to advances haunt the Indian Banking system, indicating a lack of hygiene and risk frameworks. While 86% of all frauds in India for 2016-17 are linked to advances, it was 99% at Punjab National Bank (PNB) which, experts say, points to collusion with insiders. Also, 26 Banks...
More »Data Set for Modi's '7 Million Jobs' Claim Badly Maintained, '30-40% Unclean' -Somesh Jha
-TheWire.in/ Business Standard The Employees’ Provident Fund Organisation data analysed by researchers showed that in some cases, members have received contributions even before their joining date. New Delhi: A presentation made by State Bank of India chief economist Soumya Kanti Ghosh and Indian Institute of Management-Bangalore professor Pulak Ghosh to the Prime Minister’s Office (PMO) in January captured how subscriber data is shoddily maintained by the Employees’ Provident Fund Organisation (EPFO) –...
More »From Plate To Plough: A vision coloured green -Ashok Gulati & Ritika Juneja
-The Indian Express Operation Greens must build forward and backward linkages between farmers and markets. It can learn from Operation Flood. The finance minister announced Operation Greens, on the lines of Operation Flood, with a seed capital of Rs 500 crore in his speech on February 1. Three days later, the Prime Minister backed the scheme at a parivartan rally in Bengaluru. He said farmers are his TOP priority — T is...
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