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Nationwide strike by trade unions today, essential services likely to be hit -Saubhadra Chatterji

-Hindustan Times New Delhi: Government transport in Haryana, Karnataka and Telangana, industrial areas in the National Capital region, hotels in Himachal Pradesh and banks and insurance offices across India may not function on Friday as central trade unions will hit the streets for a general strike. Last year, the trade union’s strike saw an estimated 15 crore workers take the day off. “This year we expect the figures to be higher,” said...

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Free wombs a tall ask: Medics -GS Mudur

-The Telegraph New Delhi: The proposed surrogacy law that prevents women from renting out their wombs for financial gain will be a blow to infertile couples unable to find the service for free, sections of doctors in infertility treatment services said today. The specialists said a law that insists that a surrogate woman has to be a close relative of the infertile couple would be "impractical" and may also raise the risk...

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Don't probe corrupt officials without govt nod, says parliamentary panel -Aloke Tikku

-Hindustan Times New Delhi: Taking action against corrupt officials could soon get harder. A parliamentary panel has backed a move to bar anti-graft agencies from probing bribery allegations against public servants without the government’s approval. The government can take up to four months to decide if the police should register the bribery case, and there will be no penalty if it takes longer. However, its sanction would not be required if the official...

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31% rural households indebted, paying heavy interests despite various govt schemes: Panel -Iftikhar Gilani

-DNA Only 17% rural households take loans from financial institutions | Caste affiliation, gender play a part in getting credit As many as 31% of rural households in India are indebted and a significant number still depend on money-lenders, paying heavy interests, despite various government schemes and a network of rural Banking. A parliamentary panel that probed the state of rural, agricultural Banking found that a mere 17% rural household had taken...

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How Well Does India Understand Inflation? -Deepanshu Mohan

-TheWire.in Policy makers should conduct deeper analysis on the many subtle factors that shape inflation and its effects on the Indian economy. In 1923 when Rudolf von Havenstein, the president of the German Reichsbank (later known as the Deutsche Bundesbank), recklessly initiated a money printing drive in response to the German government’s demand to spend more money, Germany was inevitably embroiled in a bout of hyperinflation and its worst crisis of the...

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