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CHINA’S ECONOMY MIRED IN MOUNTING VULNERABILITIES

IMF URGES QUICKENED ACTIONS TO REBALANCE GROWTH
S. Sethuraman - 2013-07-20 17:49
Asia’s largest economy, China, has entered an acute phase of “mounting” domestic vulnerabilities in the financial, fiscal and real estate sectors that pose threats to the stability of its financial system and sustainable growth for the future. This is underlined in a new IMF report on China, which has gone through a historic transformation in three decades of growth averaging double digit, lifting hundreds of millions out of poverty.

EDUCATION IN DISARRAY IN MADHYA PRADESH

TRAVESTY OF ENSHRINED RIGHT, IINFRASTRUCTURE SHAKY
L.S. Herdenia - 2013-07-20 17:44
BHOPAL: According to an extensive appraisal of the state of implementation of various provisions of the Right to Education Act, the position in Madhya Pradesh is far from satisfactory. During a daylong workshop held at Bhopal, NGOs made presentations to justify their contention. These NGOs carried out broad-based surveys in various districts of the state.
INDIA

STABLE RUPEE NEEDS INTERNAL EXCHANGE CONTROL

LESS OF SOVEREIGN DEBT AND RECKLESS FDI REFORM
Nantoo Banerjee - 2013-07-20 17:40
In hard times, the wise are most likely to try to contain demand and be judicious in expenditure seeking to live within means. The profligate will more certainly look for borrowing irrespective of their capacity to repay or indulge in sale of assets, tangible or intangible. National governments are like individuals. Some governments such as those of Germany and France believe in belt tightening and being choosy about expenditure when economy slows down and income is down. Others like Greece, Spain, Ireland and Portugal go for more borrowings to compensate for the loss of earnings and, in the process, get into debt trap over a period of time.

DETERIORARTING LAW AND ORDER IN UP

ATUL ANJAN CONDEMNS AKHILESH YADAV GOVT
Pradeep Kapoor - 2013-07-18 14:01
LUCKNOW: The CPI National secretary Atul Kumar Anjan has condemned the Akhilesh Yadav government for deterioration in law and order situation in the state during past few months.

MUCH ADO ABOUT MODI

POLL VITRIOL SIDELINES REAL ISSUES
Kalyani Shankar - 2013-07-18 13:58
Gone are the days when elections were fought on issues or on anti-Congressism or anti-BJPism or communalism or any other ‘isms.’ Today, increasingly, the political parties are moving towards personality-based politics. The 2014 Lok Sabha polls might well turn out to be a Modi versus the rest contest.

India to deploy additional forces on borders with China

ASHOK B SHARMA - 2013-07-17 15:00
New Delhi: In a way to reply to China’s aggressive postering at the border, India has decided to deploy 50,000 additional troops along the Line of Actual Control at an estimated cost of around Rs 65,000 crore.

KERALA LDF DIVIDED ON ALTERNATIVE GOVT

CPI(M) SETS CHANDY’S OUSTER ITS PRIORITY
P. Sreekumaran - 2013-07-17 14:05
THIRUVANANTHAPURAM: The Left Democratic Front (LDF) is divided on the idea of ousting the ‘thoroughly discredited’ Oommen Chandy-led United Democratic Front (UDF) Government, and forming an alternative government.

CHINA SHIFTS FOCUS FROM MYANMAR TO BANGLADESH

INFRA PROJECTS GET BIG BOOST
Ashis Biswas - 2013-07-17 14:01
There has occurred a perceptible shift in Chinese investment patterns in South Asia: China’s focus is now more on Bangladesh, following recent signs of a certain distancing between Myanmar and its dominating northern neighbour.
INDIA

BAN ON DANCING IN BARS “UNCONSTITUTIONAL”

SUPREME COURT REJECTS MAHARASHTRA GOVT DECISION
Special Correspondent - 2013-07-16 13:58
NEW DELHI: The Supreme Court of India today rejected the Maharashtra Government’s decision to forbid dancing in beer bars, calling the ban unconstitutional.