-Frontine Walmart’s disclosure that it spent huge amounts of money on lobbying in India and the allegation that it entered the retail sector through indirect means highlight the power of global capital in dictating the country’s policies. The world’s largest multi-brand retailer Walmart’s disclosure to the United States Senate that it had spent $25 million (Rs.135 crore) since 2008 on its various lobbying activities, which include enhancing access to the Indian...
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Measles deaths in decline, but outbreaks in some regions jeopardizing progress–UN
-The United Nations While the number of measles deaths around the world has significantly decreased over the past decade, large outbreaks in CERTain regions are jeopardizing progress, the United Nations health agency said today, adding that improved vaccination rates are critical to eliminate the disease. Between 2000 and 2011, measles deaths dropped from 542,000 to 158,000 globally, representing a 71 per cent decrease. New cases also dropped during the same period by...
More »India’s Narendra Modi and the Tale of Two Rapes -Shikha Dalmia
-Bloomberg.com One of the most obscene moments after the death of the gang-rape victim in New Delhi was a tweet by Narendra Modi, the chief minister of the Indian state of Gujarat, offering regret and condolences to the dead woman’s family. Modi, who has quelled restive minorities by allowing attackers to subject women to unspeakable horrors, has done more than any man to numb his prudish country to sexual violence. Yet he...
More »Downed chopper: Police say Maoists making propellers, rocket launchers -Ashutosh Bhardwaj
-The Indian Express Raipur: The Chhattisgarh Police has found that Maoists are at an advanced stage of developing indigenous propellers and rocket launchers, which not only means that their strategic strength is rising but also that they pose a serious threat to aircraft in the Bastar region. On Friday, for the first time, they managed to bring down an IAF helicoper, forcing it to crash-land in Sukma district of the state. There...
More »IMF says India shouldn’t rush to give banking licences to conglomerates-Remya Nair and Asit Ranjan Mishra
-Live Mint The International Monetary fund (IMF) has warned India against licensing corporate entities to step into the business of commercial banking, saying the risks associated with such a move potentially outweigh the benefits of creating more banks. IMF’s Financial System Stability Assessment Update said it would be prudent for India to first put in place and gain sufficient experience in implementing a comprehensive framework for the purpose before considering the entry...
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