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Income ceiling for low-cost housing loans increased by Aarti Dhar

The government has increased the income ceiling a month a household for housing loans from the existing Rs. 3,300 to Rs. 5,000 for the economically weaker sections (EWS) category and from Rs. 3,301 — Rs. 7,000 to Rs. 5,001 — Rs. 10,000 for the Lower Income Groups (LIG). The revised ceilings will be applicable for definition of beneficiaries under government schemes for housing including the Interest Subsidy for Housing the Urban...

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PM, Sonia differ on RTI Act

This is the second term of the UPA and till now we have always seen Prime Minister Manmohan Singh and Sonia Gandhi, the UPA chairperson, working in perfect harmony but NDTV has learnt that there is one issue that they disagree, on that of RTI amendments. It's a rare occasion when the Prime Minister has stood firm and refused Congress president Sonia Gandhi's request. In a letter to UPA chairperson Sonia Gandhi...

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World’s poorest countries must diversify economies to beat poverty – UN

Economic diversification is vital if the world's most poverty-stricken countries, some of them depending on a single or a few raw materials or commodities, are to escape their predicament, a top United Nations trade official said today. “Some countries had been successful in diversifying their economies, in creating jobs, in improving governance,” UN Conference on Trade and Development (UNCTAD) Secretary-General Supachai Panitchpakdi told the opening session of a two-day meeting...

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The blame game around food prices by CP Chandrasekhar

The special meeting of Chief Ministers convened by the Centre indicates that food price inflation remains worrisome. But at the meet the problem was underplayed and little of substance emerged.  With food price inflation still running at close to 18 per cent, the UPA government at the Centre has been forced to recognise that it constitutes a problem that deserves as much or more attention than the objective of achieving...

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Notice (8): Trying to get property 'slug' of non-object [APP/Template/SearchResult/index.ctp, line 40]/kalyug-descent-into-darkness-by-colin-gonsalves-1204.html"> Kalyug: Descent into darkness by Colin Gonsalves

Between democracy and darkness stands the judiciary. It stands heads and shoulders above the judicial systems in Asia. But it is in rapid decline. Ahead is pitch darkness Colin Gonsalves, Delhi In the 61st year of the republic, surely, India has transited into Kalyug. Surveys of the Union of India as well as expert reports published by the Arjun Sengupta committee and the NC Saxena Committee appointed by the Central government...

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