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Women’s bank learns from elder sibling in Maharashtra -Surabhi

-The Indian Express For the Bharatiya Mahila Bank, the country's first pan-India national women's bank, it is a humble rural cooperative women's venture in Maharashtra that has provided the critical input to succeed: How to lend to women who do not have collateral to back their loans. Chetna V Sinha, founder and chairperson of Mann Deshi Mahila Sahakari Bank, explained that this is the prime weakness in giving loans to women. The...

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Tourists go hungry as vegetable prices force Manali hoteliers shut kitchens -Suresh Sharma

-The Times of India MANALI: Tourists visiting Manali will find it tough to get food as several hotels here have shut their kitchens due to the rising prices of onion, tomato, potato, cabbage and other vegetables. Several restaurants and dhabas are not even serving onion paranthas for the breakfast now. Hotels, which used to serve their guests with food from in-house kitchens, are now requesting them to have food outside. Hoteliers say...

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Inflation eroding savings of Indians living in metros: Survey

-PTI Soaring inflation, high fuel cost, rising cost of education and health insurance premiums have eroded the real incomes of middle-class Indian families, with household savings rates dropping by a staggering 40 per cent in the last three years, says an Assocham survey. "Poor households are unable to maintain the consumption levels at current prices while middle income families find their purchasing power erode fast, thus having far less surplus money," Assocham...

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UPA's Policies Given Good Results, Record Growth: PM

-Outlook Aizwal: Prime Minister Manmohan Singh today said that the UPA government's policies and programmes for rapid and inclusive growth are showing good results and the country has seen a record average economic growth in the last nine years. "The UPA government's policies and programmes for rapid and inclusive growth are showing good results. We have seen a record average rate of economic growth in the last nine years, which is higher...

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Questions about India’s drug industry-Narayan Lakshman

-The Hindu Unless a deeper, institutional change is ushered in to break the nexus between drug companies and the regulatory regime, Indians consuming drugs may be exposing themselves to serious risks Even before I walked into the Mayflower Hotel in the heart of Washington on a crisp autumn afternoon to meet Dinesh Thakur, whistle-blower and former director of India-based pharmaceutical giant Ranbaxy, I had a hunch that this conversation would spark some...

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