reserve-bank-of-india

RBI Imposes Penalties on 22 Banks with Fines Upto ₹30 Million

The Reserve Bank of India (RBI) has imposed penalties on 22 banks, including State Bank of India (SBI), Bank of Baroda and Canara Bank, for violating rules of customer identification and anti-money laundering. The banks have been fined ranging from ₹5 million to ₹30 million for the offence. Jul 15, 2013
britain039s-prime-minister-david-cameron

Spying Trends: First US And Now UK; How Do Big Economic Powers Justify Arbitrary Hackings?

Even when the much-sensationalised hacking of American phone records and internet data by the National Security Agency (NSA) had still not waned in the spiralling wave of discussions related to boundaries in intelligence surveillance, British newspaper The Guardian has put the UK government into trouble saying they were the culprit of even higher-profile hackings into delegates' phones at the G20 summit in 2009. Jun 17, 2013
bhutan-elections

Bhutan Elections: Enthused Citizens Cast Vote by Postal Ballots, Many Travel for Days; Nation of Happiness Upholds Democracy by Example?

If your father gave you the most desirable gift on earth, you would make the most out of it. Bhutanese received a gift of sorts five years ago when they were enshrined with the power to elect their own leaders through voting. Democracy is a new word for them, but here is a tiny Himalayan nation which seems to have long moved on from its naivety. Those who were not able to travel to their constituencies voted through postal ballot. Jun 1, 2013
a-visitor-inspects-the-039micra039-car-inside-the-newly-inaugurated-renault-nissan-alliance-auto-plant-in-chennai-march-17-2010

After Nissan, Renault Recalls 7,000 Pulse and Scala Cars in India

After Japanese carmaker Nissan recalled 22,188 units of its Micra and Sunny models from the Indian market, its partner Renault on Tuesday issued a fresh statement of recalling more than 7,000 Pulse and mid-sized sedan Scala cars over a problem in the master brake cylinder. May 29, 2013

Indian Group Drafts Youth Agenda with Fresh Perspective

A group of young Indian professionals from diverse academic backgrounds has drafted a youth agenda, which they claimed is one its kind in the country. The document, Youth Agenda for India, is the result of months of study by members of Young Leaders Think Tank (YLTT), which is a partner organization of Friedrich-Ebert-Stiftung, a German non-governmental and non-profit organisation that works towards promoting social democracy. May 27, 2013