-The Telegraph The growing trend of India's super rich shopping offshore for citizenships of convenience Mehul Choksi is not keeping well. Or so the absconding billionaire and uncle to the absconding diamantaire, Nirav Modi, told the Enforcement Directorate when he was asked to appear in a mumbai court not long ago. It is a pity, for had Choksi been in better health, he would have been able to enjoy his new country,...
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88 clinical trial volunteers died in 4 years due to direct side effects: Health ministry data -Sadaguru Pandit
-Hindustan Times With little transparency on how such deaths are investigated, and new rules relaxing how clinical trials are conducted in India, this data could be a poor estimate, said experts. mumbai: At least 1,100 people who took part in clinical trials over the past four years have died, and 88 of these deaths were caused by direct side effects of the trials, the health ministry told the Rajya Sabha last week. But,...
More »Cash in system surges: Informal sector's back? -Mayur Shetty
-The Times of India mumbai: Currency in circulation touched a new high of Rs 20.65 lakh crore on January 18, 2019, way above the pre-demonetisation high of Rs 17.97 lakh crore. The increase in currency usage points to a recovery in 'informality' in the economy as the government goes easy on goods and services tax compliance and businesses continue using cash, according to Pranjul Bhandari, chief economist, India, HSBC. The acceleration of...
More »Dharavi Small Units on the Brink of Disaster -Amey Tirodkar
-The Hindu Known as world's largest slum, Dharavi has another less known but more important identity. It is one of the most industrious localities in mumbai, with small units of leather, garment, plastic and even bakery shops. Post-demonetisation, this huge production house is facing acute financial stress. Rahul Ingale, 32, is depressed. Sitting in his shop in Shastri Nagar of Dharavi, mumbai, Ingale, who deals in the leather market, is facing a...
More »Inequality is the moral challenge of our times, Stop evading it -Amitabh Behar
-The Times of India (Voices) Recently the ever-eloquent and formidable P Sainath was with us and his story and visual image for the day was the contrast between the thirst and misery of the Marathwada drought, including scarcity of drinking water on the one hand, and on the other hand the luxury of independent swimming pools in each flat on every floor of a multi-storied building being advertised in mumbai during...
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