ECONOMY
Rising Fuel Prices, Growing Discontent
CASH COW HURTING ECONOMY?
11.06.18 - VIPIN PUBBY*

AFTER A CONTINUOUS and steep rise in the price of petroleum products over a period of a fortnight, the goof up on one paise reduction in the rate of petrol led to a flurry of jokes on the social media and huge embarrassment for the ...
  


More than 2.25 lakh companies may be struck off
CRACKDOWN ON SHELL FIRMS
08.06.18 - TEAM PT

Continuing its drive against shell companies, the government-appointed task force has identified nearly 2.25 lakh shell firms which will be removed from the register of companies in the current financial year. 
 
The Ministry of Corporate Affairs (MCA) has already struck off over 2.26 lakh companies for ...
  


P Sainath calls for gherao of Parliament by a million farmers
INTELLECTUAL ON REVOLUTION PATH
04.05.18 - kanwar manjit singh

Top Indian journalist says farmers and agri-labourers must force a 20-day long Parliament session exclusively devoted to agrarian crisis
 
In what could be nothing less than a call for a peaceful democratic revolution, India's foremost journalist chronicler of rural economy, P Sainath, gave a ...
  


India collects Rs 7.41 trillion from GST in 2017-18
27.04.18 - Team PT

GOVERNMENT OF INDIA collected Rs 7.41 trillion in taxes in the first year of the Goods and Services Tax (GST).

The government had last reported a GST collection of Rs 7.17 trillion for the first eight months since the new tax regime that subsumed 17 central ...
  


Debt-ridden farmers can earn big money by making asthma patients smell honeybee, or making you listen to “bee music”
OUT-OF-BOX SOLUTION TO STOP FARMERS' SUICIDES
06.04.18 - S Pal

THIS WAS THE most serious move the Punjab Government made to analyse reasons behind farm suicides in the state and suggest ways to ensure no farmer or agricultural labourer opts to end his life because of agrarian distress: Chief Minister Amarinder Singh proposed, and the ...
  


Assembly panel finds farmers not paid ACP share since 1981, then stays mum about it
REPORT OF PUNJAB VIDHAN SABHA COMMITTEE TO HELP SUICIDE-AFFECTED FAMILIES
04.04.18 - S Pal

IN A RATHER bizarre case of becoming aware about a blatant case of injustice and then deciding to do nothing about it, the Punjab Vidhan Sabha Committee, tasked with ameliorating the lot of suicide-affected families, made a shocking revelation that the sugarcane farmers of Punjab ...
  


‘Thorri bahuti ehna nu sharam auni chaheedi hai’
PUNJAB VIDHAN SABHA COMMITTEE REPORT -
03.04.18 - S Pal

Assembly’s MLAs panel on suicide-hit families exposes own ignorance, disconnect 
 
 
IN RANGRIAL, at the centre of Ground Zero of farm suicides in Punjab, everyone knows Harpreet Singh's family made a mistake. Harpreet (30) committed suicide on August 7, 2017. Constable Gagandeep Singh, Belt Number 1481, brought ...
  


THEIR FROZEN TURBULENCE - Income freeze makes farmers’ harvest bitter
02.04.18 - Devinder Sharma

IT IS OFFICIAL. For almost a decade now, farmer’s real income stands frozen. Yes, you heard it right, frozen. A Niti Aayog paper has worked out that the real income of a cultivator has increased barely by 0.44 per cent every year over a five ...
  


Debt-conscious millennials ditch credit cards, threaten industry
06.03.18 - LISA FU*

Millennials have been accused of disrupting many industries, from newspapers to brick-and-mortar stores. Credit cards appear to be next in line.

Just one out of three millennials carries plastic, according to a Bankrate.com survey, compared to the majority of older Americans. In addition, a Fed survey ...
  


PNB scam fallout: Cabinet okays Fugitive Economic Offenders Bill
WILL DETER ECONOMIC OFFENDERS FROM FLEEING THE COUNTRY
01.03.18 - TEAM PT

Facing criticism from opposition for not being able to stop the PNB fraud accused Nirav Modi from escaping the country, the Cabinet on Thursday approved the Fugitive Economic Offenders Bill that enables confiscation of assets without conviction in cases where economic offenders flee the country.
 
The ...
  


Health, Budget & Politics - Why NHPS is doomed to fail, & what sick India really needs
JAITLEY'S SICK PLAN
10.02.18 - DR. PYARA LAL GARG

WE ALL KNOW that any democratically elected Governments are supposed to provide health and curative services to their populace by state funding. However in India, health care is still not with in the reach of major sections of the society, particularly the most marginalised ones. ...
  


Indian Railways announces 62,907 vacancies: Check how to apply, eligibility
REGISTRATIONS STARTED
10.02.18 - TEAM PT

Railway Recruitment Board, RRB has invited applications for filling up 62,907 vacancies in the railways under Group D via its Centralized Employment Notification, CEN 02/2018. The registration for the railways Group D positions would start from today, February 10, 2018 and close on March 12, ...
  


Singh brothers took Rs 473 cr out of Fortis without board approval
COMPANY CALLS IT 'LOAN'
09.02.18 - TEAM PT

There seems to be no end to troubles for the Fortis promoters, Malvinder Singh and Shivinder Singh. First the accusation of siphoning off of $300 million by a US-investor, then the Delhi High Court verdict in favour of Japanese drug maker Daiichi Sankyo, and now ...
  


Google fined Rs 1.36 billion in India for ‘search bias’
CAUSING HARM TO ITS COMPETITORS
08.02.18 - TEAM PT

Country's antitrust watchdog on Thursday imposed a Rs 1.36 billion ($21.17 million) fine on Google for "search bias", in the latest regulatory setback for the world's most popular internet search engine.
 
The Competition Commission of India (CCI) said Google, a unit of U.S. firm Alphabet Inc, ...
  


Modi Govt declares MSP will be as per Swaminathan panel recommendation
BUDGET DHAMAKA
31.01.18 - PT Economic Desk


NEW DELHI, February 1: IN A CLEAR ACKNOWLEDGEMENT of the crisis being faced by India's farmers, the Narendra Modi government finally capitulated and declared it will implement a key proviso of the MS Swaminathan Commission on Farmers of ensuring a Minimum Support Price for crops ...
  


India behind Pakistan, China in inclusive development index: WEF report
RANKS 62ND OUT OF 74 COUNTRIES
23.01.18 - TEAM PT

Hours before PM Narendra Modi showcases India before the global investors’ community at Davos, Switzerland, the nation was ranked at 62nd place among the emerging economies on an Inclusive Development Index, a World Economic Forum (WEF) report said. India ranks much below China’s 26th position ...
  


WhatsApp Business launched in India for Android users
APPLE USERS HAVE TO WAIT
23.01.18 - TEAM PT

Just days after its initial rollout, the WhatsApp Business app has now debuted in India. The standalone app offers a simple tool for small businesses to let them communicate with their clients and customers in an easy way. Facebook-owned WhatsApp announced the plans to kick ...
  


New business policy will play as catalyst for development - Brahm Mohindra
GOVT MAKING STRENUOUS EFFORTS FOR ALL ROUND DEVELOPMENT OF PUNJAB
26.11.17 - TEAM PT

New Delhi: Referencing to the strenuous efforts being made by the Punjab Government for infrastructural and industrial development of the state, Punjab Minister for Health and Family Welfare Brahm Mohindra today said that Punjab Government's New Industrial and Business Development Policy-2017 will play as catalyst for ...
  


No time to read this story?
That's ok – please do not feel guilty
15.10.17 - Kamjaat Singh

No one cares. So if you do not read this little news report all the way till the end, do not feel guilty. You are not alone. In fact, vast sections of Indian mainstream media actually ensure you do not read such a thing.
 
This is ...
  


BJP to undertake world’s biggest training programme to educate India's farmers
MODI GOVT MOVE TO HELP FARMERS: PROPER SYLLABUS & TRAINING
14.10.17 - KRISHDEEP KHOSLA

Plan involves unleashing 50,000 trained cadres to educate farmers about links between religion and agriculture, tell them of Modi govt's good work.
 
NEW DELHI, OCT 14: FINALLY, the government has woken up to the plight of the farmers. The Narendra Modi government has now come up ...
  



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