-The Hindu Clark made a significant pitch for all countries that had not made domestic abuse and marital rape criminal offences to do so at the earliest. Just days after Minister of Women and Child welfare Maneka Gandhi submitted in parliament that the government wouldn’t criminalise “marital rape”, a top UN official said that the issue is one of consent, not culture, suggesting that India would be in contravention of the Sustainable...
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Be cautious on new accounting system: CGA -TCA Sharad Raghavan
-The Hindu The new method provides a more accurate picture of a company's financial position. It is also more complex, expensive and time-consuming. The Controller General of Accounts has asked the government to be careful in adopting the accrual method of accounting considering the costs involved as only a few of its departments can benefit. “We should tread this subject in a careful manner. There is no such thing as a big-bang approach....
More »Harbinger of change in global trade
-The Hindu The formal signing of the Trans-Pacific Partnership (TPP) by the 12 member-countries of the mega-regional free trade agreement is a milestone for international trade and, by extension, the global economy. With worldwide trade having slowed sharply since the 2008 financial crisis and now faced with headwinds from China’s slowdown, the deal, yet to be ratified, could provide a much-needed fillip to growth. As the World Bank noted in a...
More »‘Denmark is least corrupt; Somalia, N Korea the most’
-AP Transparency noted that in places like Guatemala, Sri Lanka and Ghana, citizen activists have "worked hard to drive out the corrupt." Public-sector corruption is still a major problem around the world but more countries are improving than worsening and the United States and United Kingdom have reached their best rankings ever, an anti-corruption watchdog said Wednesday. Denmark remained at the top of Transparency International’s Corruption Perceptions Index, a closely watched global barometer,...
More »India ranks 131 on global index of ICT access: Report
-PTI United Nations: India has been ranked a low 131 out of 167 nations on a global index that measures the level of information and communication technology access, even as the number of households with Internet and computer has increased in the country over the last five years. UN International Telecommunications Union’s flagship annual Measuring the Information Society Report said that globally 3.2 billion people are now online, representing 43.4 per cent...
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