India ranks 158th in the world for its investments in education and health care, according to the first-ever scientific study ranking countries for their levels of investment in human capital. The nation is placed behind Sudan (ranked 157th) and ahead of Namibia (ranked 159th) in the list. The U.S. is …
Read More »Monthly Archives: September 2018
Exploring the life and struggles of a tribal transgender
Udalazhamtells the story of A. Raju who was born in a tribal settlement inside the Nilambur forest in Kerala While the country continues to debate social exclusion and marginalisation of the third gender, the life and struggles of Kerala’s only known tribal transgender, who died seven months ago, is now …
Read More »Apex court wants government to fill SAT vacancies quickly
The Supreme Court wants the government to quickly fill the vacancies at the Securities Appellate Tribunal (SAT), which is an important appellate body for filing appeals against orders passed by the capital market, insurance and pension regulators. While hearing an appeal filed by Quantum Securities, the apex court highlighted the …
Read More »Short-term power volume at new high as demand surges
Short-term power trading volumes for delivery, on Tuesday, hit an all-time high of 268.3 million units (MU) at the Indian Energy Exchange, in the wake of a surge in demand for electricity in the eastern, southern and western States mainly due to inadequate supply of coal and decrease in wind …
Read More »Liquidity crisis hits NBFC stocks hard
Concerns related to IL&FS has made investors turn wary of the whole sector The recent sell-off in the shares of non-banking financial companies (NBFCs) and housing finance companies (HFCs) has been so severe that some of the sector constituents are currently trading at a discount of over 50% when compared …
Read More »IL&FS, 40 group firms knock on NCLT doors seeking relief
Infrastructure Finance & Leasing Services, which is facing a severe cash crunch, along with 40 other group companies, filed an application with the Mumbai Bench of the National Company Law Tribunal (NCLT), seeking relief under Section 230 of the Companies Act. By moving NCLT, IL&FS can get more time to …
Read More »Microsoft, Adobe, SAP in data alliance
Microsoft, Adobe Systems and SAP have formed an alliance to offer clients using their applications a unified view of data on their respective end-customers. “There is a big data opportunity. But we have a small data challenge,” said Microsoft CEO Satya Nadella at the annual Ignite conference of the IT …
Read More »EU announces legal entity to maintain business with Iran
The European Union (EU) said on Monday that its members would set up a payment system to allow oil companies and businesses to continue trading with Iran in a bid to evade U.S. sanctions. Iran and the European Union (EU) announced their defiance towards U.S. President Donald Trump’s administration after …
Read More »China hopes Maldives will back BRI, trade deal
China on Tuesday signalled its expectation that the newly elected government in the Maldives will continue to back the Beijing-led Belt and Road Initiative (BRI) as well as the Free Trade Agreement (FTA) reached with the outgoing administration of Abdulla Yameen. “China and the Maldives enjoy traditional friendship and in …
Read More »Not ruling out a second referendum, says Labour
The Brexit spokesman of Britain’s main Opposition Labour Party on Tuesday raised the possibility of staying in the European Union (EU), more than two years after Britons voted to leave. Keir Starmer told the conference that another vote on Britain’s relationship with the EU should still be an option, in …
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