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First in series of consumer camps in Mumbai on May 27

The legal aid arm of the consumer complaints redressal wing of the Consumer Guidance Society of India (CGSI) receives plenty of grievances on a weekly basis. To address the issues of customers, CGSI is now organising a series of camps. The

Calling RTI an external constraint for PSU banks unfair

What is problematic with this report? While I am not competent to comment on the banking and financial issues discussed in this report, I find the committee`s attitude towards the Right to Information Act, 2005 (RTI Act) v

India`s 1% problem: Some are less equal than others

Why do we vote? We don’t benefit from casting our votes; we don’t benefit from not casting our votes either,” said Dinesh Nayak, summing up the status of voter empowerment after more than six decades of democracy in India. Sittin

Can we step back and look at Bitcoins again?

For the finance world Bitcoins are a bit like dark matter for physicists. It’s not part of daily conversations, yet every once in a while it pops up with its seemingly brooding presence that threatens to change every single belief about mone

Why we need to review cases of undertrials in our jails

Manoj has been in prison for the last four years, even though he was a juvenile at the time of his arrest. Johra, a foreign national, languishes in prison even after the completion of her sentence. Pradip was detained for 12 years in prison before

On men who man the poll booths

If the general election that got over on Monday (May 12) has to be described in a word, that word has to be ‘watershed’. After all, this, as statistics show, is the election that drew out the most number of people – 55.1 crore, o

EC clears new army chief`s appointment

The voting for the biggest elections in India’s history is, finally, over. So is a major controversy over appointment of the country’s chief of army staff (COAS): on Monday the defence ministry recommended Lt Gen Dalbir Singh Suhag&rsq

Exit polls predict big BJP win, Modi as PM

As India concludes voting for the 16th Lok Sabha, projections of the exit polls give a clear victory to BJP-led NDA.  According to a CNN-IBN-CSDS-Lokniti post-poll survey, BJP is expected to do well in northern states of Delhi, Rajast

Not easy for EC, but panel gets thumbs up from experts

On May 8, BJP’s prime ministerial candidate Narendra Modi accused the Election Commission (EC) of being biased against him for not allowing him to hold a rally at Varanasi. BJP demanded removal of the returning officer, Varanasi DM Pranjal Y

Little change in legal shield for corruption

The more things change, the more they remain the same. This truism can be aptly applied to the working of the central bureau of investigation (CBI) following the decision by a constitutional bench of the supreme court that set aside legal immunity

Left seats set to go up but what`s in store for future?

It is a hot April afternoon in Chapa Dalir More, a partly commercial residential area in Barasat on the outskirts of Kolkata, and it is business as usual: the roads are more or less empty, yielding to the pressure of afternoon siesta. A few metres

Delhi traffic app to reduce commuters` woe

Often commuters or tourists in Delhi fall prey to auto or taxi drivers asking for irregular fare that is too high in respect to metered charges. To remove the inconvenience of travelers, the Delhi traffic police has launched an app—titled &l

What elections mean to sex workers

It is late morning and the ground floor of a two-storey office building in an otherwise slow-paced Sovabazar area of north Kolkata is in a flurry of activity. Bharati Dey is busy attending to dozens of women who have come to her with problems. Som

Why India can`t ignore virtual currency Bitcoins for long

Imagine not paying transaction fee for an online purchase. Or transfering money across thousands of kilometers in no time, and for no charge. A currency free of government. Virtual currencies offer all this – and much more. In America and Eu

Banking facility for minors

To boost financial inclusion, the Reserve Bank of India (RBI) has allowed minors over ten years of age to independently open their savings bank accounts and run it without tagging themselves in joint accounts with a parent or guardian.

RBI puts on hold biometric authorisation for ATMs and credit cards

With banks facing problems in making credit card swipe machines and ATMs capable of biometric authentication, the Reserve Bank of India (RBI) has, for the time, suspended implementation of the mandate on all future banking transaction machines.

Four-fold rise in bad loans

A whopping Rs 70,300 crore has accumulated on the account of top 406 bad bank loans even as there has been a four-fold rise in such loans in the past four years. With a bad loan of Rs 2,673 crore, the now grounded Kingfisher Airlines tops

Single directive struck down

The media has reported the latest judgment of the Supreme Court (Constitution bench of 5 judges) striking down a provision of the law that governs the functioning of the Central Bureau of Investigation (CBI), regarding the procedure for inquiring

In Bengal, BJP might be left with lone seat again

As the Modi-Mamata war of words heats up in West Bengal – elsewhere it`s still Modi versus Priyanka Gandhi – it emerges the BJP`s prime ministerial candidate might not have much to smile about so far as Bengal goes. Though the BJP`s vo

Lalu`s surprising comeback in Bihar politics

Suddenly Lalu Prasad has started getting peppery towards journalists; his arch-rival Nitish Kumar, on the other hand, is heard quoting the statement of the great socialist thinker late Ram Manohar Lohia: “Politics is a short-term religion wh

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