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Behind Robert Vadra’s fortune, a maze of questions -Shalini Singh

-The Hindu Property empire was built on soft loans handed out in unusual circumstances, documents show In February, as rumours of the ambitions of Congress president Sonia Gandhi’s son-in-law swirled amidst the heat and dust of the election campaign in Uttar Pradesh, her daughter Priyanka moved to scotch speculation about Robert Vadra’s possible political future. “He’s a successful businessman,” the younger Ms. Gandhi said of her husband, “who is not interested in changing...

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How does National Pension Scheme work?

-The Economic Times Anyone between 18 and 55 years can join National Pension Scheme. There are three intermediaries: A point of presence to collect funds, a fund manager to handle investments based on your decision and a record-keeper to keep track of your investment. You can select your fund manager from a list of seven - UTI, LIC, SBI, IDFC, ICICI Prudential, Kotak Mahindra and Reliance Capital. Annual portability is allowed free of...

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In Defence of Public Education-Manabi Majumdar and Kumar Rana

-Economic and Political weekly Drawing on the research on basic education in West Bengal, this essay argues the case for a much criticised public education system, which needs to be reconsidered as regards its potential as a provider of quality education, even while addressing its many failings. The essay follows an approach, both critical and constructive, that underlines the collective onus of the public in realising the value of the public...

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Coalgate figures may not be accurate, hints Chief Justice of India SH Kapadia -Dhananjay Mahapatra

-The Times of India Chief Justice of India (CJI) S H Kapadia on Saturday joined the debate on the CAG's estimate of "windfall gains" for private players in the coal block allocation scam, suggesting such assessments may not be accurate. "People should be educated on economics as well to understand that these irregularities should be understood from the point of loss, which was a matter of fact, and not from profit angle,...

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India's 7,730 super rich collectively own $925 bn: report

-PTI However, in the corresponding period last year there were as many as 8,215 with a total wealth of $980 bn India is home to as many as 7,730 ultra high net worth (UHNW) individuals whose combined wealth amounts to a whopping $925 billion, says a study. According to the world ultra wealth report 2012-13, by Wealth X, a global wealth intelligence and prospecting company, India has 7,730 UHNW individuals, of which...

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