-CNN-IBN New Delhi: The Reserve Bank of India is probing the Cobrapost sting operation on alleged money laundering by top banks. The RBI report has revealed major irregularities in top banks. The report shows string of violations on several counts. Sources say the RBI report reveals dummy PANs, unknown NRO IDs, unauthorised gold sale, rampant non-compliance of KYC norms and irregular staff trips. Sources say the RBI probe into ICICI Bank reveals cash...
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Here's why Food Bill will cost more than we think-Prachi Mishra
-The Economic Times The revised, but not yet passed, National Food Security Bill (NFSB) represents a crucial political-economic approach to welfare. But how well do we understand the financial and, more importantly, distributional consequences of the revised Bill? Although the revised Bill is likely to simplify the identification of beneficiaries, financial implications will still be substantial. Calculating these implications must include not only the cost of food subsidy, but also additional costs...
More »Frontiers without doctors-D Thamma Rao
-The Hindu The south leads in the number of medical and nursing seats, with for-profit private colleges dominating the scene. It will take major capacity expansion in the government sector to meet WHO norms on access to health professionals. India has achieved major organisational and technological successes but the health system's performance is abysmal. This cannot be attributed to poverty. It is poor health that places India 134th in the Human Development...
More »Another child dies; malnutrition death toll goes up to 35
-The Hindu ‘No steps taken to prevent such deaths in Attappady Hills' Palakkad: One more infant died at Kottathara Tribal Speciality Hospital on Thursday, taking the number of deaths owing to malnutrition in the last 16 months in the Attappady Hills in Palakkad district of Kerala to 35. The infant, weighing only 1,300 grams, was delivered during the eighth month of pregnancy. The mother was admitted in the hospital three days back...
More »Supreme Court raises Posco hopes on iron ore- Gaurav Jain and Ruchira Singh
-Live Mint Court says government should decide allocation of captive mine; move could lead to protests by rival steel makers New Delhi/Mumbai: A Supreme Court (SC) order on Friday raised the prospect that Posco's showcase $12 billion (`65,400 crore today) steel project in Orissa, stalled for at least six years, could be allocated a captive iron ore mine, but experts said such a move could lead to protests by other firms...
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