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Crimes against women in Mumbai up 59% in a year -Nitasha Natu

-The Times of India Mumbai: Crimes against women in Mumbai soared 59% during April 2013 to March 2014 compared with the previous financial year while convictions in serious offences stood at an abysmal 8%. Data compiled by the NGO Praja concludes that understaffing and multiplicity of tasks in the police force are compromising investigation and, in turn, affecting conviction. A third of Mumbai's population feels unsafe living in the city, according to...

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Don't Make Fortune Out of Poor: Rajan to Micro Lenders

-Outlook Mumbai: Asking micro-lenders to look at only a "reasonable profit" to sustain their business while serving borrowers at the bottom of pyramid, RBI Governor Raghuram Rajan has said that one should not think of making a fortune while serving poorest of the poor. The comments come in sharp contrast to management guru late CK Prahalad's views in his book The Fortune at the Bottom of the Pyramid. The concept of the fortune...

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Creating 'Good Jobs': Assessing the Labour Market Regulation Debate -Radhika Kapoor

-Economic and Political Weekly The current regime seeks to reform labour laws with the understanding that these reforms will improve industrial growth and expand the possibilities of enterprise. However, there is already ample evidence from within India that this obsession with reforming labour law, particularly in the way the government has done it till now, will not take us any closer in creating more jobs or a healthy industrial sector. These...

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Moderate inflation is a passing phase: Economists -Ishan Bakshi

-Business Standard A monsoon deficit is likely to affect the agriculture output, which could have an impact on the food inflation The sharp fall in inflation over the past few months has raised the clamour for interest rate cuts. With the Consumer Price Index (CPI) falling to 5.5 per cent in October from 6.5 per cent a month ago, which is below the central bank's target of six per cent by January...

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October CPI inflation dips to 5.52%, touches historic low

-Business Standard Overall food inflation measured on CPI came down to 5.59% in Oct as against 7.67% in the previous month The Consumer Price Index (CPI) based inflation rose to 5.52% in October compared to the same period last year, its lowest rate since the government started releasing the data in February 2012. For September, CPI inflation was 6.46%, making October's numbers the third consecutive month that retail inflation has eased. According to...

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