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Banks to take control of defaulting companies & change managements

In far-reaching and forward looking measure the Reserve Bank of India is going to allow banks to convert debt of defaulting companies into equity and bring about change in management of these companies.  Capital markets regulator Sebi has alr

India gets new CVC and CIC after nine months

The country has finally got two important watchdogs to ensure checks and balances in the government business. KV Chowdary was on Monday, appointed as the new central vigilance commissioner while the Vijai Sharma, is the new chief information commi

Every third person on this Earth is sick

Every third person on the Earth suffers from at least five ailments, says a study published in respected medical journal The Lancet on Monday and sponsored by Bill and Melinda Gates Foundations. It revealed that the leading causes o

AP-Telangana fight: Naidu supporters drag KCR into cash for vote scam

Before it escalates into a war where common public becomes victim, it needs to be resolved. After bitter fight over assets during division of states, Andhra Pradesh and Telangana are again digging heels for a long war with state machinery’s

Needless controversy over yoga in schools

In the age of unhealthy food habits and polluted atmosphere, yoga presents most cost effective preventive method and means for staying healthy. It is nothing to do with religion or community. But needless controversy is being generated over yoga w

Maggi row: Processed food is rarely tested for contamination in govt labs

Processed food is rarely tested in government laboratories in India. Instead they test milk, milk products, edible oil and water for adulteration and that is the reason why Maggi and other processed food items escaped contamination test.

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

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

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