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International Women’s Day: How can women be financially secured

International Women’s Day (IWD), a day that is being celebrated to commemorate the achievements of women all over the world on March 8 every year brings their role in cultural, political, social and economic development. This year International Women’s Day is dedicated to women who #Choose to Challenge and therefore, to become financially independent and secure, women need to follow certain steps in their life. Here are some ways for women to be financially secured: Choose your goals and spending wisely One should always be a pro in managing finances by making a note of the assets and liabilities and defining personal goals. It is important to prepare a budget for the coming year to be in a better position to understand where the money is being spent and where one will undertake savings. The art of financial planning It is very important for women to learn the art of financial planning for a secured future. With added responsibilities like household ... » Learn More about International Women’s Day: How can women be financially secured

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Rupee ends tad lower; losses capped as geopolitical tensions ease

T he Indian rupee ended slightly lower on Monday as sentiment remained cautious on concerns foreign investors would pare some of their domestic equity or debt holdings, but easing global geopolitical tensions limited the fall. economists. "The dollar-rupee has become a play on global markets, and we may see a pause in the dollar's runaway gains," said Anindya Banerjee, a currency analyst at Kotak Securities, a brokerage in Mumbai. The partially convertible rupee closed at 61.19/20 per dollar, compared to Friday's close of 61.14/15. The unit had dropped to 61.74 last week, its lowest since March 5. The 50-share NSE index rose 0.76 percent, snapping a three-day losing streak on the back of better-than-expected earnings and as some of the losses were seen as overdone. Traders cited little impact from the Reserve Bank of India's board meeting in Delhi on Sunday. Finance Minister Arun Jaitley was seen giving conditional support to Governor Raghuram Rajan's goal to ... » Learn More about Rupee ends tad lower; losses capped as geopolitical tensions ease

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Solving the Myriad Challenges in Healthcare Through AI-Driven Analytics

Venky Ananth SVP and global head of Healthcare at Infosys Remote areas usually have limited medical access. How do people handle emergency situations or for that matter even day to day sickness? Usually, they turn to quacks or self-medication or try to live through the pain before considering medical help. Travelling to a city to get the right help is expensive. And this is the situation in many areas in India. India has only 1 doctor for every 1457 citizens and 2 out of 3 doctors in rural areas are usually quacks. Even in cities where decent medical care is accessible, there are problems in accessing medical records, getting the right prognosis among many others. Can technology turn around the disappointing scenarios in Indian healthcare? The answer is an astounding yes. When visiting a health practitioner, we still lug paper files right from the time we were born to the current time to tabulate our medical history. Usually, we stick to one hospital because the data which we ... » Learn More about Solving the Myriad Challenges in Healthcare Through AI-Driven Analytics

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ED slaps money laundering case on Franklin MF

The ED case follows the police complaint for alleged criminal conspiracy and defrauding investors. Franklin Templeton Mutual Fund (MF), which shut its six schemes in April 2020, is facing the heat from the Enforcement Directorate (ED) and the Securities and Exchange Board of India (Sebi). According to sources, while the ED has registered a money-laundering case against the fund house and eight others, the market regulator has issued a show-cause notice and summons to the company and its key personnel who redeemed their investments days or weeks before the closure announcement. “Sebi has started adjudication proceedings into alleged breach of Fraudulent and Unfair Trade Practices (FUTP) regulations after an audit finding revealed that several individuals and entities linked to the fund house redeemed their holdings in excess of Rs 50 crore. "Some of the officials will appear before Sebi over the next few weeks,” said a source. An email sent to Sebi didn’t elicit any ... » Learn More about ED slaps money laundering case on Franklin MF

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‘Pandemic ate up ₹13-lakh crore household income’

Households have lost a whopping ₹13 lakh crore of their incomes from the pandemic-induced job losses, according to a report that also warns of the economy losing momentum by mid-2021 on a likely slowdown in consumption demand that has propped the economy in recent months. ‘Could slow by mid-2021’ Describing the growth momentum seen in the second and third quarters of FY21 as a positive surprise, economists at UBS Securities India led by Tanvee Gupta Jain said the economy could slow by mid-2021 as households that lost incomes during the pandemic to the tune of ₹13 lakh crore could drag consumption with a lag. In the second quarter of the current financial year, the GDP contraction narrowed to 7.5%, while in Q3, it grew 40 basis points (bps). Given this, sustainability of the recovery seen in the second and third quarters and also the growth outlook are dependent on the revival in new investment intentions and easing of financial sector stress. ... » Learn More about ‘Pandemic ate up ₹13-lakh crore household income’

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‘Misleading, incorrect’: Govt’s strong rebuttal on democracy report downgrading India to ‘partly free’

#Sedition Most number of sedition cases filed in Karnataka: Rajya Sabha told #Sedition SC refuses to interfere with sedition law #Sedition Pro-Pakistan slogans: 'Woman charged with sedition had links with Naxals in the past' #Sedition 19 persons arrested on charges of sedition at Azamgarh #Sedition Karnataka school headmistress, parent arrested for "abuse" of PM Modi in drama #Sedition Bidar school faces sedition charge for 'portraying PM Modi in poor light' For Quick Alerts Subscribe Now India - 11,173,761 | World - 116,207,995 View Sample For Quick Alerts ALLOW NOTIFICATIONS For Daily Alerts Just In 12 min ago India on track to achieving climate goals: PM Modi at CERAWeek 2021 27 min ago Actor Mithun Chakraborty may join BJP at PM Modi's Kolkata rally on Mar 7 29 min ago Nearly 14 lakh inoculated against COVID-19 on Thursday, ... » Learn More about ‘Misleading, incorrect’: Govt’s strong rebuttal on democracy report downgrading India to ‘partly free’

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We are in denial, but Bangladeshis are still flooding India’s northeast

The local labour force is streaming out of the region looking for jobs in peninsular India, creating a vacuum that makes it easier for the Bangladeshis to fill in, says R N Ravi. C ontrary to the state government’s lore -- that the unregulated influx of Bangladeshis in Assam is a thing of the past -- a recent field research by the writer shows that it is a live and kicking phenomenon. More and more Bangladeshis are filling the expanding labour and low-end services sectors in Assam and its neighbouring states in the northeast. Mutation of once visceral existential fears over the unregulated migration of Bangladeshi nationals into an inexorable fatalism has been one of the striking characteristics of contemporary socio-political landscape of Assam. The issue that has seismic implications for national security, the future of Assam and its neighbours and which had once erupted into the historic Assam agitation (between 1979 and 1985) seems to be mourning at the margin today. ... » Learn More about We are in denial, but Bangladeshis are still flooding India’s northeast

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The Budget: A Reality Check

Do the actual numbers bear out the claims made by the government or do they suggest something else? asks A K Bhattacharya. Illustration: Dominic Xavier/ Rediff.com Four weeks ago the Union Budget for 2021-22 was presented to Parliament and it instantly made headlines for its bold announcements on privatisation, asset monetisation and transparent accounting of the government's fiscal deficit. It is now time to take a closer look at the key numbers underlying the government's projections on revenue and expenditure. Do the actual numbers bear out the claims made by the government or do they suggest something else? The first question arises from the road map for fiscal consolidation given in the Budget. After conceding a huge increase in fiscal deficit at 9.5 per cent of gross domestic product in 2020-2021, the government is now aiming at a reduction in the deficit to 6.8 per cent in 2021-2022 and to 4.5 per cent by 2025-2026. In other words, a 2.7-percentage ... » Learn More about The Budget: A Reality Check

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HK’s electoral system reform to safeguard prosperity, stability: China Daily editorial

There is nothing unusual in the proposed requirement that positions of authority in the Hong Kong Special Administrative Region only be occupied by patriots. Yet the move to initiate reform in the SAR's electoral system to ensure that is the case has undeniably ruffled the feathers of some politicians and media outlets in the West. Their response to the proposed move to provide a firm guarantee for the implementation of the principle of "patriots governing Hong Kong", which was first mooted a few weeks ago, has been the same as it was when the national security law for Hong Kong was in the works. Mired in either ideological bigotry or with an eye on geopolitics, these Western politicians and media outlets have been assailing Beijing and decrying the patriotism requirement as an erosion of Hong Kong's "freedoms" even before the legislative process began on Thursday. Their handwringing is because the reform will close the clear loopholes and shortcomings in the electoral system ... » Learn More about HK’s electoral system reform to safeguard prosperity, stability: China Daily editorial

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Looking for the real Sardar Patel

Sardar Vallabhbhai Patel’s sage advice remains as relevant today as it was during his lifetime, says Vivek Gumaste. P andit Jawaharlal Nehru was an international icon; a towering personality who strode the Indian political landscape as a colossus; the first prime minister of independent India who ruled the country for 17 long years; a man whose popularity is kept alive by a dynasty and a fawning sycophantic establishment. In contrast, Sardar Vallabhbhai Patel died three years after India’s independence and his memory is at best an afterthought for most Congressmen. Yet, in times of grave national crises, especially in situations that demand resolute leadership, the common refrain that resounds throughout the length and breadth of the country is: “Had Sardar been alive our country would not have seen such hard days.’ (KL Panjabi . The Indomitable Sardar. Bharatiya Vidya Bhavan 1990) As a resurgent Bharatiya Janata Party and an apprehensive Congress party trade sharp ... » Learn More about Looking for the real Sardar Patel

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