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Inflation eroding savings of Indians living in metros: Survey

-PTI Soaring inflation, high fuel cost, rising cost of education and health insurance premiums have eroded the real incomes of middle-class Indian families, with household savings rates dropping by a staggering 40 per cent in the last three years, says an Assocham survey. "Poor households are unable to maintain the consumption levels at current prices while middle income families find their purchasing power erode fast, thus having far less surplus Money," Assocham...

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Uttarakhand has learnt lessons from June calamity: Bahuguna

-PTI DEHRADUN: Uttarakhand chief minister Vijay Bahuguna on Friday said several measures are in the offing to give a boost to medical facilities in the state including construction of seven trauma centres and one mobile ambulance in each district. "A 50-bed trauma centre each will be set up in Guptkashi, Gauchar, Joshimath, Jauljeevi, Kapkot, Bageshwar and Uttarkashi," he said. All the 13 districts in the state will have a mobile medical ambulance equipped...

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No Anganwadi for homeless-Yoshita Sengupta

-DNA An allocation of Rs 17,700 crore in the 2013-2014 Union Budget but not a single accountable rupee spent for pre-school education or a plate of food for the homeless children in Mumbai. Yoshita Sengupta investigates the absence of homeless children from ICDS registers Mumbai: In 2010, Ms. Rekha, a homeless woman living on the footpath in Mumbai in her last month of pregnancy, slipped while trying to cross a wall. She...

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US to oppose mechanism to fund climate change adaptation in poor nations-Nitin Sethi

-The Hindu In an internal briefing paper, accessed by "The Hindu", U.S. tells negotiators to delay emission cut commitments and not to agree on any time line for funds Warsaw: In an internal briefing paper prepared for its diplomats across the world ahead of the Warsaw climate negotiations, which The Hindu has accessed, the U.S. has opposed the setting up of a separate process on ‘loss and damage', pushed primarily for the...

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Veggie prices push inflation to 10.09%

-The Hindustan Times Prices of almost all everyday products and services - from food to footwear and movie tickets to medicines - saw a sharp rise in October, pushing retail inflation to 10.09%, the highest in seven months. Costlier onions and tomatoes saw retail inflation - a measure of prices that are asked of you at a shop - cross the double-digit mark for the first time in seven months, indicating Indians...

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