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Forty coal importers under the DRI scanner for over-invoicing

-The Hindu Business Line Firms of Adani, Anil Ambani, Essar, JSW Groups and some PSUs being probed NEW DELHI: The Finance Ministry and the Directorate of Revenue Intelligence (DRI) are said to have stepped up investigations into the alleged over-invoicing of coal imports by 40 companies — both in the public and private sector — to the tune of Rs. 35,000 crore. “It is an issue that has been going on for the...

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India ranks 131 on global index of ICT access: Report

-PTI United Nations: India has been ranked a low 131 out of 167 nations on a global index that measures the level of information and communication technology access, even as the number of households with Internet and computer has increased in the country over the last five years. UN International Telecommunications Union’s flagship annual Measuring the Information Society Report said that globally 3.2 billion people are now online, representing 43.4 per cent...

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Nearly half of India's entrepreneurs are women: Study -Ananya Dutta

-The Times of India PUNE: Three years after she graduated from business school, Bhagyashri Dixit took the plunge and set up her own graphic T-shirt brand to fulfil a lifelong dream of setting up her own enterprise. Five years after the brand - SheepStop - had found its feet, Dixit gave birth to her son and is now able to balance her responsibilities towards work and home. "Setting up your own business...

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Economists petition Modi against dilution of MGNREGA

-The Business Standard Alarm bells on rural jobs guarantee law   A group of around 30 economists from India and abroad have written a letter to Prime Minister Narendra Modi, asking him to ensure there is no dilution or restriction of the provisions of the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA). They have argued the scheme has wide-ranging social benefits, beside creation of productive assets. They have said corruption was and remains...

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Addressing vulnerabilities -AK Shiva Kumar

-The Indian Express This year's edition of the Human Development Report contains a set of practical recommendations The 2014 Human Development Report (HDR) draws attention to the urgent need to address human vulnerabilities and build resilience as conditions for accelerating and sustaining progress. Human insecurity stems from not only low and uncertain incomes, but from many other sources, including inadequate access to health, food and shelter, unsafe environments, and inadequate protection of...

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