-The Telegraph New Delhi: The demonetisation-hit economy, which is expected to limp back to normalcy by the middle of this calendar year, may report a GDP growth rate of around 7 per cent for 2016-17, according to North Block economists. Of course, like all cautious economists, North Block's tribe of coffee swigging GDP forecasters and policy sherpas will add a ceteris paribus (all other things being equal), the Latin term that the followers...
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One in 20 Indians suffers from depression: Report -Malathy Iyer
-The Times of India Indians popped more antidepressants in 2016 than ever before, indicating perhaps that they are now more open to the idea of seeking help for mental health problems. Around 10.6 lakh more prescriptions for anti-depressants were written in 2016 than in 2015, shows data collated by health information agencies. While 3.35 crore prescriptions (for new patients) were written in 2015, doctors wrote 3.46 crore new prescriptions in 2016....
More »Despite note-ban, rural wages on a steady climb in Nov: Nomura
-PTI Mumbai: Defying the impact of the note-ban which has yanked down consumer sentiment, rural wages have been on a steady upward spiral, rising by 7.3 per cent in November, suggesting a likely release of pent-up demand after demonetisation, says a report. “Nominal rural agricultural wages rose to 7.3 per cent year-on-year in November, from 6.9 per cent in October, remaining well above the previous 12-month average of 4.8 per cent,” Japanese...
More »Every 3rd person died in road accidents is a youth -Dipak K Dash
-The Times of India NEW DELHI: A speeding luxury car snuffing three young lives, including a woman techie and an auto-rickshaw driver, in Delhi's suburb on Friday night has once again pointed to how youth continue to be the most vulnerable road users and that speeding is the biggest killer. The latest road accidents report of Union road transport ministry shows how every third person killed in road crashes is in the...
More »Insurance cases flood consumer courts -Dipak K Dash
-The Times of India NEW DELHI: One in almost every five cases in consumer forums is related to the insurance sector, followed by complaints relating to the housing and banking sectors, according to a sample analysis done by the consumer affairs ministry. The latest data shared by the ministry with the state governments recently show that at present about 4.15 lakh cases are pending before different consumer forums, nearly three-fourth of them...
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