Mutual funds face trust deficit: Chidambaram

Mutual funds face trust deficit: Chidambaram

The mutual funds industry, though promising higher returns to investors faces a trust deficit from the masses, Finance Minister P. Chidambaram has said. “People still place enormous trust in the public sector banks, but the same level of trust is missing when it comes to mutual funds,” Chidambaram said here late Sunday night while speaking […]

Expenditure on S&T needs to be hiked: PM

Prime Minister Manmohan Singh Monday said that the country should increase its annual expenditure on science and technology. “We must increase our annual expenditure on science and technology to at least 2 percent of the gross domestic product (GDP),” Manmohan Singh in his inaugural address at the 101st Indian Science Congress here. “To do science, […]

Fruits and vegetables’ wholesalers go on strike

Wholesalers of fruits and vegetables began an indefinite strike here Monday to protest against the government decision to withdraw their six percent commissions from the farmers. “Earlier we used to procure six percent commission from the growers. But now the Delhi government has stopped this and wants us to take the commission from the buyers,” […]

BJP opens tea stalls ahead of Modi’s Odisha rally

BJP opens tea stalls ahead of Modi’s Odisha rally

The Bharatiya Janata Party (BJP) has launched about a dozen tea stalls across Odisha named after Narendra Modi, its prime ministerial candidate, ahead of his Feb 11 rally here, party leaders said Monday. Some 50 stalls are likely to be opened before the rally. Around 500,000 people are expected to attend the rally, party sources […]

Don’t succumb to prejudice against Bt crops: PM

Don’t succumb to prejudice against Bt crops: PM

Batting for genetically modified or biotechnology (Bt) crops, Prime Minister Manmohan Singh said Monday that India “should not succumb to unscientific prejudices against Bt crops”. “While safety must be ensured, we should not succumb to unscientific prejudices against Bt crops. Our government remains committed to promoting the use of these new technologies for agricultural development,” […]

Delhi government to invoke ESMA as vegetable wholesalers strike

Delhi government to invoke ESMA as vegetable wholesalers strike

kejThe Delhi government will invoke the Essential Services Maintenance Act (ESMA), Education Minister Manish Sisodia said Monday as wholesalers of fruits and vegetables began an indefinite strike here to protest against the government withdrawing their six percent commissions from farmers. “If the wholesalers try to stop the supply we will take action against them. In […]

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