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Household savings in banks dip for first time in four decades -Sunitha Natti

-The New Indian Express For the first time in four decades, bank deposits plunged to 25 per cent of overall household financial assets in FY18 as against 67 per cent a year before. MUMBAI: For the first time in four decades, bank deposits plunged to 25 per cent of overall household financial assets in FY18 as against 67 per cent a year before. The startling downfall of bank deposits is a first, at...

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Centre bans 328 combination drugs in setback for pharma companies

-PTI The president of the Indian Drug Manufacturers' Association said the order would have an impact on a market worth an estimated 16 billion rupees a year for such drugs, which are produced by both small and large pharma companies. New Delhi: The Indian government has banned 328 combination drugs in a blow to both domestic and foreign pharmaceutical firms, but the ban has been cheered by health activists worried about growing...

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P Sainath, founder editor of People's Archive of Rural India (PARI), interviewed by Bhasha Singh

-National Herald Talking about farmers’ issues, P Sainath said, “It is not just an agrarian crisis, it is now a national crisis. The Modi govt has been engaged in fooling the nation. They are telling lies shamelessly” The founder editor of People’s Archive of Rural India (PARI), the former Rural Affairs editor of The Hindu and author of the much acclaimed book ‘Everybody loves a Good Drought’, P Sainath, has recorded rural...

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Clean Ganga remains a dream -Purnima S Tripathi

-Frontline.in Four years after Prime Minister Narendra Modi’s announcement of the Namami Gange project, the river remains as dirty as ever. WHILE in Varanasi to file his nomination papers for the 2014 Lok Sabha election, Narendra Modi, then the Bharatiya Janata Party’s (BJP) prime ministerial nominee, had declared with his characteristic bravado, “I have not come here on my own. I have been invited by mother Ganga.” He said it was his...

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India to Pay Additional Rs 68,500 Crore as Foreign Debt Due To Rupee Fall

-News18.com The Indian Rupee has lost more than 11 percent to the dollar this year. The rupee fell past 72 per dollar to a record low on Thursday. New Delhi: With the Indian rupee sinking to record levels against the dollar, the Centre has yet another mega expenditure to cater to – foreign debt. At the current rate, India will have to shell out an additional Rs 68,500 crore, according to...

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