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India has made best progress in elementary education: UN -Prashant K Nanda

-Live Mint Unesco lauds government effort, political commitment in implementing Sarva Shiksha Abhiyan New Delhi: Bringing cheer to India's administrators, the United Nations Educational, Scientific and Cultural Organization (Unesco) said the country has progressed the most in the world in sending children to schools by committed implementation of its right to education law and universal elementary education programme. "India has made the largest progress in absolute terms of any country in the world...

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It’s official: Indian economy slowed to a 10-year low of 5% in 2012-13

-The Times of India The Indian economy grew at its slowest pace in a decade in 2012-13, posing another fresh challenge for the UPA coalition to revive growth and boost sentiment ahead of the general elections next year. Data released by the Central Statistical Organization (CSO) on Friday showed that the economy grew 5% in 2012-13, compared to 6.2% expansion in the previous year. It was in line with the advanced...

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Media cross-holding in cross hairs -Prashant Jha

-The Hindu   As TRAI prepares to regulate ownership of news organisations to ensure pluralism, big media houses fear shrinking profits and state control by proxy Rahul Khullar, the straight-talking chairman of the Telecom Regulatory Authority of India (TRAI), listened attentively to the senior management executive of Bennett Coleman and Co. Limited, one of India's largest media conglomerates. The latter disagreed with the premise of the discussion - that there was a "problem,"...

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CPI inflation hits 13-month low, slows to 9.39 per cent in April

-CNN-IBN New Delhi: After better than expected industrial production numbers, which came at 2.5 per cent for the month of March, inflation has also hit a 13-month low. Consumer Price Index for the month of April is at 9.39 per cent against 10.39 per cent in March. Rural inflation was also seen going down at 9.16 per cent as compared to 10.41 per cent in March. Food prices for consumers rose an...

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Interest rates may fall as inflation slows to 3-year low

-The Times of India The inflation rate slowed to a more than three-year low of 5.96% in March on the back of softening vegetable, fruits and milk prices, brightening the prospect of an interest rate cut by RBI while bringing relief for the politically beleaguered government. Lower interest rates would provide relief to thousands of borrowers reeling under the burden of high equated monthly installments ( EMIs) on their home loans. Data released...

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