-Reuters Monsoon rains will not be enough to save the country from its first drought in three years, the weather office said on Thursday as it forecast that the El Nino weather pattern should reduce rains again in the second half of the June to September season. India, one of the world's largest food producers and consumers with a population of 1.2 billion, last suffered a drought in 2009, which forced it...
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Patil takes away expensive gifts she received as President-Seemi Pasha and Sumit Pande
-CNN-IBN Former president Pratibha Patil has courted controversy yet again. This time, she is under the scanner for taking a range of expensive gifts she had received as President to her hometown Amravati. It is being seen as an aberration of sorts by Constitutional experts. Patil reportedly received more than 150 gifts during her tenure as President. These included a gift from US President Barack Obama and a Gold-plated miniature of the...
More »Putting Kerala to work-Reetika Khera
-The Hindu Literacy has helped people in the State maximise the benefits of the rural employment guarantee scheme Kerala’s achievements have long been celebrated by development economists — high literacy rates, including among girls, low infant mortality rates and so on. There has also been a spate of writings highlighting the ills of Kerala society. Critics have pointed to the high rates of suicides and feminists have also raised difficult questions. While...
More »Can India Inc. face the truth about the Manesar violence?-G Sampath
-DNA It would be sad if the ghastly violence at Maruti Suzuki’s (MSIL) Manesar plant on July 18, 2012, in which a HR manager died, were to be understood simply as a ‘murderous workers’ vs ‘rational management’ kind of an incident. There is a history and a context to this violence, and how that is understood, and acknowledged, by India Inc. will indicate how serious we are about preventing such incidents...
More »World's super-rich hold $32 trillion in offshore tax havens
-Reuters Rich individuals and their families have as much as $32 trillion of hidden financial assets in offshore tax havens, representing up to $280 billion in lost income tax revenues, according to research published on Sunday. The study estimating the extent of global private financial wealth held in offshore accounts - excluding non-financial assets such as real estate, Gold, yachts and racehorses - puts the sum at between $21 and $32 trillion. The...
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