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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...

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Landmark Pune study on diabetes begins testing the third generation -Anuradha Mascarenhas

-The Indian Express Thin Indian babies ‘fatter’ than European babies, greater risk of diabetes: data Pune: At 28 weeks of pregnancy, Surekha Patil (name changed) from Pabal village in Shirur tehsil of Pune district knows she has to report to the Diabetes Research Centre at KEM hospital in Pune on Tuesday for a glucose tolerance test and a gynaecological evaluation. This is no routine check for 22-year-old Surekha. She has been monitored since...

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The confusion over rural electrification in India -Dipti Jain

-Livemint.com Latest data as per the Deen Dayal Upadhyaya Gram Jyoti Yojana and the Saubhagya scheme shows inconsistencies in the number of rural households in the country The opposition has increasingly questioned the government’s record in rural electrification and alleged frequent shifting of goalposts. For example, the deadline for electrifying all villages now stands at May 2018, after missing the May 2017 target. While available data shows that the Narendra Modi government...

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Pesticides aid rural suicides in Warangal? -V Nilesh

-The New Indian Express HYDERABAD: A recently published study on the causes of 1,325 suicide cases reported at the 1,000-bed Mahatma Gandhi Memorial Hospital in Warangal over a span of six years (2010-15) raises many questions as 519 cases (58.3 per cent of total) were due to consumption of pesticide and another 174 cases (17.4 per cent), were due to consumption of herbicides and fungicides. The study titled “Trends and determinants of...

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Job Growth Plummets, Says New Govt. Report -Subodh Varma

-Newsclick.in Manufacturing sector loses 87,000 jobs in Apr-Jul 2017. The latest Quarterly Employment Survey (QES) Report released by the govt.’s Labour Bureau reveals that just 64,000 jobs were added in eight selected sectors during April-July 2017 down by 65% compared to the previous quarter. Compared to the base level estimate of total employment of 205.22 lakh as on 1 April 2016, the Indian economy has added 4.8 lakh jobs in 15...

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