-The Hindu SP, BSP unhappy with some provisions A Bill providing for tougher punishment for crimes against women, including rape, acid attack, stalking and voyeurism, was approved by the Union Cabinet on Thursday, after a Group of Ministers, constituted to prescribe safeguards, completed its examination of the draft law in a record two days. On March 18, The Criminal Law (Amendment) Bill, 2013, will be discussed at an all-party meeting before it goes...
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UNDP brackets India with Equatorial Guinea in human development index
-The Hindu However, the country’s value increased 61 per cent from 1980 to 2012 India has been ranked 136 among 187 countries evaluated for human development index (HDI) — a measure for assessing progress in life expectancy, access to knowledge and a decent standard of living or gross national income per capita. The Human Development Report of the United Nations Development Programme (UNDP) for 2013, released on Thursday, puts India’s HDI value for...
More »UN report belies India's claims of inclusive growth-Devjyot Ghoshal
-The Business Standard This has meant the GNI per capita has more than doubled from $1,229 in 1990 In recent years, India's growth has undoubtedly been spectacular. Income growth a year has averaged about five per cent from 1990 through 2012. This has meant the gross national income (GNI) per capita (purchasing power parity, in dollar terms) has more than doubled from $1,229 in 1990. However, even if one discounts the drop in...
More »ICICI Bank to probe money laundering allegations-Somasroy Chakraborty
-The Business Standard Forms high-level inquiry committee to submit report in two weeks ICICI Bank today said it has constituted a high-level inquiry committee to probe allegations that it is one of the Indian banks that run a nationwide money laundering racket. The committee will submit its report within two weeks. "We are deeply concerned with the media reports. We want to assure our customers and all our other stakeholders that we are...
More »Money-laundering by big banks, alleges Cobrapost; banks deny charges -Prasad Sanyal
-NDTV Cobrapost, an online magazine, claims to have caught on camera what is describes as a massive expose, which allegedly proves that some of the largest private sector banks in the country help in money-laundering. The banks involved have denied the accusations. NDTV cannot verify the authenticity of the video footage, filmed largely on hidden camera, and shared by Cobrapost executives at a press conference in Delhi. A press release by ...
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