The RBI has reason to be concerned. Banks’ exposure to mutual funds (MFs) has more than trebled, from Rs 45,000 crore to Rs 1,64,000 crore, during March-November 2009. The RBI is worried that stock market volatility could impact banks and, hence, endanger financial stability. Hence, the overall cap on stock market exposure as part of macro-prudential regulation. Currently, the aggregate exposure of a bank to the capital markets in all...
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India amongst world's most corrupt nations
India continues to be one of the most corrupt nations in the world with many of its public institutions given to rampant misdeeds. Corruption is India's bane and threatens to derail its rapidly growing economy. The country ranks a dismal 84th in a list of 180 countries, according to Transparency International's 2009 Corruption Perceptions Index, a measure of domestic and public sector corruption. The corruption watchdog says that many African,...
More »2009 Global Hunger Index
The Global Hunger Index (GHI) shows that worldwide progress in reducing hunger remains slow. The 2009 global GHI has fallen by only one quarter from the 1990 GHI. Southeast Asia, the Near East and North Africa, and Latin America and the Caribbean have reduced hunger significantly since 1990, but the GHI remains distressingly high in South Asia, which has made progress since 1990, and in Sub-Saharan Africa, where progress has...
More »Economic crisis exposes fragile global food system, new UN report says
The economic turmoil sweeping the globe has lead to a sharp spike in hunger affecting the world’s poorest, uncovering a fragile global food system requiring urgent reform, according to a report issued today by two United Nations agencies. The combination of the food and economic crises have pushed more people into hunger, with the number of hungry expected to top 1 billion this year, according to the Food and Agriculture...
More »Hunger Overview
KEY TRENDS • As per the 2019 Global Hunger Index report, neighbouring countries such as China (GHI score: 6.5; GHI rank: 25), Sri Lanka (GHI score: 17.1; GHI rank: 66), Myanmar (GHI score: 19.8; GHI rank: 69), Nepal (GHI score: 20.8; GHI rank: 73), Bangladesh (GHI score: 25.8; GHI rank: 88) and Pakistan (GHI score: 28.5; GHI rank: 94) have outperformed India (GHI score: 30.3; GHI rank: 102) *13 • As per the 2018 Global Hunger Index report,...
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