Here's what we think should be on your weekend reading list
GN Bureau | October 22, 2016
A number of tribal kids are dying of malnutrition in Palghar district, Maharashtra. Lack of basic facilities like roads, water, healthcare and employment is also not helping.
Read: Tribals in neglect
It is a common enough notion in the market and among investors that private sector banks have superior asset management skills and consequently, a miniscule amount of toxic assets. This popular narrative has, in turn, led to a rising demand for the privatisation of public sector banks, besieged as they are by the mounting non-performing assets (NPAs) in their loan books.
Read: My NPAs, your NPAs
A recent Bombay high court judgment has emphasised that the right of women to make motherhood choices – whether or not to get pregnant and stay pregnant – is an inalienable natural right. This has given strength to the demand for changes in the law regulating termination of pregnancy to give more autonomy to women over their bodies.
Read: Balancing the rights – of mother and unborn baby
Can you imagine a day without cash? The answer is an obvious ‘no’. The rustle of notes and jingle of coins still have the power to light up any face. In fact, more than 99 percent of transactions by volume are still in cash payments in India, according to a McKinsey Global Insights report. Some argue that this overdependence on physical money is due to challenges like inaccessible banking services, lack of infrastructure to support non-cash payment and internet connectivity, which continue to persist, especially in the rural and remote regions of India. Others say that Indians are simply cash-obsessed
Read: Case against cash
The news of vital data of thousands of debit cards being exposed to fraudsters has sent many into a tizzy, with people now calling up their banks and looking up Google on what to do next. Though banks have been sending alerts, to all those whose cards are found to be at risk, along with a host of to-do steps while using a debit card, there is one basic precautionary measure I would advise everyone to follow – something that I learnt while reporting in Chandigarh.
Read: Be cautious or else you may fall prey to debit card fraud
Prime minister Narendra Modi celebrated three-year of his government on May 26 by inaugurating Dhola-Sadiya bridge over the Brahmaputra river in Assam’s Tinsukia district. It is the longest bridge in India, which runs 9.15 km from end to end and connects Assam with Arunachal Pradesh.
IndianOil posted a net profit of Rs 19,106 crore for 2016-17 fiscal as compared to a profit of Rs 11,242 crore in the last fiscal. The income from operations for the financial year 2016-17 was Rs 4,45,373 crore as compared to Rs 4,06,828 crore in the previous fiscal. IndianOil`s income from
Hindustan Aeronautics Limited (HAL) carried out first flight of light utility helicopter (LUH)-PT-2 on May 22 at its Bengaluru-based facility. The flight duration was about 22 minutes and pilots reported nil snag, HAL said. “These maiden flights of indig
Narendra Modi is like Greek mythology’s King Midas: whatever he touches turns into gold. Most people in this country are left dazzled by his ability to make dramatic announcements with a statuesque flourish. The past three years of the Modi government have left the
Bharat Heavy Electricals Limited (BHEL) has added another feather to its cap by successfully commissioning another 270 MW thermal unit at RattanIndia Nasik Power Limited’s 5x270 MW thermal power project at Sinnar (Nasik) in Maharashtra. This is the fourth unit to be c
Chaudhary Birender Singh, minister for steel, said that the Indian steel industry is at the cusp of a significant milestone by becoming the second largest stainless steel producer in the world, leaving behind Japan. He said that the steel sector is only an example of all-round development in India. The c