ECONOMY & NATION


Moneylife Digital Team 17 October 2011
Lower offtake by exporters and arrival of the ‘kharif’ harvest crop has brought down prices by Rs200/quintal in the wholesale market. But there has been a dip in demand Onion prices have come down across key markets after the fresh arrival of the kharif harvest in addition to the already...

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Moneylife Digital Team 17 October 2011
A depreciating rupee is pushing import costs further, raising inflation in domestic fuel prices which are linked to international prices. Inflation, now at 9.7%, remains higher than RBI’s comfort zone for the past 18 months Inflation remained stubborn at 9.7% in September 2011, compared to...

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Ramesh S Arunachalam Ramesh S Arunachalam 15 October 2011
For implementing the inclusive growth agenda, it is crucial to prop up agriculture, the soft underbelly of our economy. Here’s what can be done Inclusive growth is an area that we have been talking about for a few years now, but integrating agriculture into the Indian economy has been rather...

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Moneylife Digital Team 14 October 2011
The Union Cabinet has approved an ordinance for mandatory digitisation of TV cable networks across the country. This move has the potential to brighten the prospects for the industry The Union Cabinet has come out with an ordinance for mandatory digitisation of TV cable networks across the...

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Veeresh Malik Veeresh Malik 14 October 2011
Operational leasing for private vehicle owners will start making sense only when manufacturers start reducing prices of their sedans to more sensible levels, relative to two-wheelers and ‘ordinary’ hatchback cars At the end of the day, unless the math shows otherwise, the operational leasing...

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Alekh Angre 14 October 2011
Experts have welcomed the move from the Paris-based International Organization of Vine and Wine, as it will help in improving the quality standard of Indian wines The Indian wine industry finally has a reason to cheer. After two Indian wine brands were selected for sale in UK’s leading...

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Moneylife Digital Team 14 October 2011
Survey shows the Finnish company holds 64.8% of market share; India is expected to be served more than 10 billion ads over mobile phones and continue its scorching growth According to a report published by BuzzCity, a global mobile media company, India has seen the highest growth among 50...

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Moneylife Digital Team 14 October 2011
Slow decision-making in the government and stretched payment cycles in the construction industry expected to pull down earnings Construction industry players have indicated that sluggishness in on-ground execution will continue, according to a recent IDFC Securities report. The key...

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Ramesh S Arunachalam Ramesh S Arunachalam 13 October 2011
Can a study sponsored by MFIN, the association of for-profit NBFC MFIs and conducted by NCAER to enquire into the operation of MFIN’s own member-NBFC MFIs—on aspects such as multiple lending, over-indebtedness and coercive repayment—address various issues in a fair manner? Yesterday (12th...

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Moneylife Digital Team 13 October 2011
LIC has invested Rs3,600 crore in three tobacco companies in 2010-11, and has acquired more shares of ITC over the years. This has been revealed through an RTI query Business moves do not get more ironical than this. When tobacco has been identified as the biggest preventable cause of death...

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Moneylife Digital Team 12 October 2011
A majority of Indian security experts think that social media is important for business productivity; but real-time content protection is not being provided A global survey on social media risks released today reveals a dangerous gap in corporate social media security. A total of 63% of more...

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Ramesh S Arunachalam Ramesh S Arunachalam 12 October 2011
The minister does not feel that MFIs are any sort of panacea; findings of NCAER study don’t provide robust defense of MFIs—and the entity’s director has voiced his views completely contradictory to his own organisation’s study Union Minister for Rural Development, Jairam Ramesh, released a joint...

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Moneylife Digital Team 11 October 2011
Dhanlaxmi Bank denies all the allegations made by the All India Bank Officers Confederation, which had raised several questions over its business operations, first reported by Moneylife. But the market is not convinced by the bank’s denial The share price of Dhanlaxmi Bank tanked by more...

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Veeresh Malik Veeresh Malik 11 October 2011
The strike at the Maruti Suzuki plant at Manesar has entered the 5th day. Production has stopped and the workers have taken over the plant, staging a ‘sit-in’ protest. What has fuelled this ugly face-off? This is verbatim feedback received from a friend who tried to visit the Maruti Suzuki...

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Gurpur Gurpur 11 October 2011
The RBI has recently constituted a committee to suggest revised norms with regard to priority-sector lending and related issues. Here’s some food for thought for the committee members and a few out-of-the-box suggestions to radically change the system prevalent today Yesterday (10th...

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Moneylife Digital Team 10 October 2011
In a memorandum to the RBI, AIBOC has raised several questions over Dhanlaxmi Bank’s business operations After whistleblowers raised a red flag raising questions about the operations of Dhanlaxmi Bank, the All-India Bank Officers Confederation (AIBOC) has alerted the Reserve Bank of India...

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Gurpur Gurpur 10 October 2011
After nationalisation of a number of large banks, mandatory lending to priority sectors served the purpose for which it was intended. But the entire process was subsequently torpedoed by the political class; the rural population was exploited for political gains and these banks are now saddled...

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Ramesh S Arunachalam Ramesh S Arunachalam 08 October 2011
India needs a microfinance policy that is holistic, futuristic and yet practical in terms of satisfying unmet ground-level financial needs of low-income and excluded people. It should be developed through a truly bottom-up and democratic process with widespread stakeholder input and...

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Veeresh Malik Veeresh Malik 07 October 2011
As the shipping industry globally reinvents itself once again, where does it find India’s position—and why is the answer ‘dismal’ when in reality it should be ‘brilliant’? The recent ‘Golden Jubilee’ celebrations at the Shipping Corporation of India (SCI) couldn’t have come at a worse time...

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Ramesh S Arunachalam Ramesh S Arunachalam 07 October 2011
The SHG-bank linkage model is ideal for providing credit at the grass-roots level for weaker sections of society and for poor women. However, a few issues need to be addressed to make the model more comprehensive While the recent year has seen a lot of focus on the MFI (microfinance...

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