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Banks cut rates as Rajan exposes their flawed logic

They get fat salary, benefits and more holidays while offering ordinary service. The bankers do not seem to care for the consumers and it takes no less than Reserve Bank’s governor Raghuram Rajan to tell them to cut interest rates.  Eve

Pradhan Mantri Jan-Dhan Yojana: Silent revolution

Good intentions often pave the way for the worst outcome. We saw it in the 1980s when a plan for rural poverty alleviation, known as the integrated rural development programme (IRDP), was launched. Rajiv Gandhi gave it a big push. The IRDP was mod

IIT group’s episode raises question about TN students’ politics

Last week there was a major controversy at Indian Institute of Technology – Madras (IIT-M) after it banned the Ambedkar Periyar Study Circle (APSC), a student group, following an anonymous complaint to the ministry of human resource alleging

We may need three Earths to sustain life by 2050

Protection of environment is proactive and continuous endeavour. June 5 is the day when the humanity observes World Environment Day. Under the United Nations’ the day is to bring awareness and action for the environment. It is

Govt to test all noodle brands, UK puts Maggi under lenses

India’s food safety regulator Food Safety and Standards Authority of India (FSSAI) has ordered state governments to check all noodle products made in the country. The FSSAI tests on Maggi found high content of lead and mono-sodium glutamate

Growing up with Maggi and making instant friends

Maggi isn’t just a snack. It is a lifesaver at home and life outside home. When I was young I preferred samosa, jalebi or dosa as an evening snack. But my grandmother would cajole me into having Maggi (homemade food) as having outside food i

Mumbai stores keep out Maggi as Delhi puts others brands under scrutiny

Even while Food Minister Ram Vilas Paswan was taking credit for suo moto action of the government (for the first time after independence) in a matter like Maggi noodles, one Mumbai retailers` organisation on Thursday ordered all members to stop se

Weak monsoon soon, farm & power ministries raise contingency flag

The southwest monsoon, which would be below normal this season, is likely to set over Kerala in the next 24 hours and two crucial ministries have announced plans to face the impending drought. The forecast of a deficient monsoon has

Consumers taken for a ride as govt fails again on Uber and Ola licence issue

All app-based cab services were banned in the national capital after a driver of Uber, the US-based online cab service provider, was accused of raping a 27-year-old financial consultant woman passenger in December last year. Since then the issue o

Fresh land survey in states is must for planning and use of technology

With land becoming scarce commodity there is need for fresh survey to quantify it scientifically. Vandana Kumari Jena, secretary, department of land resources, ministry of panchayati raj and rural development on Wednesday called on the states to u

Maggi noodles face trouble in more states

The Maggi brand of noodles, manufactured by multinational firm Nestle, is in a deeper soup. What started with a safety test last month in Uttar Pradesh is now expanding to more states, as authorities ordered tests, suspecting high lead and MSG (mo

Women power drives India’s newest Metro in Jaipur

Meena Soni, Monika Mittal, Kusum Kanwar,  Jyoti Rani and Yogita are common girls names in India. However, they stand for uncommon principle in normally traditional Rajasthan. These women are going to steer the most modern Metro rail system of

Private sector experts welcome to join PESB

With Make in India taking centre stage in India’s industrial develoment, the central government has invited applications from experienced individuals from government and private sectors for appointment as member of Public Enterprises Selecti

Maggi Noodles off Big Bazaar shelves, all states to conduct tests

Maggi noodles are turning out to be noose for brand Nestle. Latest to join the issue is Big Bazaar. The Big Bazaar on Wednesday removed Maggi noodles from its stores. This comes after the Delhi government found samples of the instant noodles unsaf

UID’s identity crisis

One of the justifications for Aadhaar, the unique identity project, was to provide an authorised identification to people who did not have any. In India, a vast number of people, it is believed, do not have any ID papers, and UID would give them o

Govt woke up after Munde’s death on road safety & then went into slumber

Exactly a year ago BJP leader and union minister Gopinath Munde lost his life in a road accident. Woken by his tragic death, the government promised a stringent law on road safety. And, unfortunately it has remained a promise. The r

New secretaries for power & aviation ministries, govt makes top changes

As the union government prepares India to face uncertain monsoon and resultant effect on the economy, it has made major bureaucratic reshuffle at top tier. In the Tuesday’s shifting 16 ministries and departments have new secretaries.

Development must reach people at the margins: Arun Jaitley

Finance minister Arun Jaitley has been playing the pivotal role when it comes to ensuring the delivery of a slew of initiatives the prime minister has been taking over the past year. His hands have been more than full with the extended budget

Maneka supports MP CM’s decision against eggs in school food

Madhya Pradesh chief minister Shivraj Singh Chauhan has found a powerful supporter in his decision against eggs. Women and child development minister Maneka Gandhi  has come out in support of Chauhan, who had recently turned down the proposal

Brace up for drought year as monsoon is going to be ‘below normal’ to ‘deficient’

India`s northwest region which includes Delhi, Haryana, Western Uttar Pradesh and Rajasthan are going to be affected by ‘below normal’ to ‘deficient’ monsoon.  The Indian Meteorological Department (IMD) has revised its

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