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India’s Real Estate Bill Passed

The much awaited the Real Estate (Regulation and Development) Bill, 2015 has been passed by the Rajya Sabha on March 10, 2016. The key points of the proposed bill which is going to benefit property buyers but impact consderably promoters, developers and real estate agents, are as follows: Ø      The Bill requires setting up a new regulator for the real ...

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IMF Conference: Modi Ponders India’s Future and Asia’s 21st Century

PM IMF speech

Addressing the IMF conference in New Delhi, Prime Minister Narendra Modi said Asian people save more traditionally compared to other parts of the world and the future of world economy belongs to them as they have surplus to invest in rejuvenating the global economy, though IMF quotas do not reflect the global economic realities. Change in quotas is an issue ...

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Splinter Groups Target JNU’s Kanhaiya Kumar, Umar Khalid, Anirban Now

With one arrested in threatening posters case, another appeared in Delhi sending relentless death threats to JNU student leader Kanhaiya Kumar, pointing at a move to keep the emerging leader under constant pressure not to seek out any political career. This time the poster not only threatened Kanhaiya Kumar but also Umar Khalid and Anirban Bhattacharya, who are facing charge ...

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Gaza May Become ‘Uninhabitable’ in 5 Years: UNCTAD

Living conditions in Gaza are so bad that they’ve been described as “less than human” and potentially uninhabitable by 2020, the UN has said sending out warning signals, which have emanated from the UN trade and development agency, UNCTAD, in its report into the Palestinian economy. In addition to severe crises linked to water and electricity shortages, the UN agency says ...

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UN Seeks Humanitarian Intervention to Help Syrian Refugees

In the wake of the grim discovery of the bodies of more than 70 people inside a truck abandoned near Austria’s border with Hungary, UN Secretary-General Ban Ki-moon has urged the world to come together to provide comprehensive responses to migration issues, including tackling smugglers and resolving ongoing conflicts, among other root causes. “I am horrified and heartbroken at the latest ...

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Kurdi Image: UNICEF Seeks Urgent Succour to Syrian Refugees, Children

As the “heart-breaking” image of a drowned refugee boy who washed up on a beach in Turkey ricocheted around the world on social media, along with equally painful images of children lying suffocated in the backs of trucks crossing borders and being passed over barbed wire fences by desperate parents, Anthony Lake, Executive Director of the United Nations Children’s Fund ...

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Muhammad Yunus Opens Narayana Hridayalaya Hospital in Mysore

Nobel laureate and microfinance pioneer Mohammad Yunus, who was in Mysore to open a 200-bed multi-specialty hospital for the working class on Friday, said the need for social entepreneurship is the new call of the day. The 200-bed Narayana Hrudayalaya will have only general wards and taking cue from Yunus, NH founders have set up a hospital simple and pro-poor ...

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Karnataka Farmers’ Association Calls for Bandh Over Farmers’ Suicides

The sugarcane farmers’ associations in Karnataka have called for a bandh on Saturday, Sept. 5, 2015 which may see some key areas of northern and northwestern Karnataka closed, while Bangalore and southern Karnataka districts will remain unhit due to it. While it is unlikely to hit normal life in Bangalore and across Karnataka, Bangalore Metropolitan Transport Corporation (BMTC) and Karnataka ...

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Why OROP Issue Was a Pre-poll Harakiri by BJP?

The One Rank One Pension (OROP) scheme that was hanging on the Finance Ministry for over five years, both the Congress-led UPA government and the BJP-led NDA government under Narendra Modi should own the responsibility for perpetuating it despite full knowledge that it was beyond mere political calculations involving a huge dent on the exchequer. While the Congress relented just ...

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