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Tuesday, July 7, 2015 | Latest E-book
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Calm down, a failed monsoon wouldnt really break the back of rural India now

Jul 07, 2015

Calm down, a failed monsoon wouldnt really break the back of rural India now

Indias changing rural landscape warrants a reworking of policies related to resource allocation to the sector #Bank credit #Rural economy #urban economy #resource allocation
Britain remembers 7/7 victims 10 years after London bombings| Reuters

Jul 07, 2015

Britain remembers 7/7 victims 10 years after London bombings| Reuters

LONDON Britain will fall silent on Tuesday to commemorate the 10th anniversary of attacks targeting London public transport which killed 56 people, the first suicide bombings by Islamist militants in western Europe. Relatives of the victims, survivors, royalty and senior politicians will gather to remember those killed in the July 7 2005 bombings with emotions still raw after a massacre in Tunisia last month, Britain's worst loss of life in an incident involving militants since the London attacks #Economy #Middle East #Europe #Crime #Latin America #Entertainment #opinion
South Carolina bill to remove Confederate flag advances in legislature| Reuters

Jul 07, 2015

South Carolina bill to remove Confederate flag advances in legislature| Reuters

CHARLESTON, S.C. South Carolina lawmakers took a step on Monday toward removing the Confederate battle flag that flies at the state house in Columbia, long denounced as a symbol of slavery by critics. A bill to banish the flag from a Civil War memorial on the capitol grounds to a museum passed a crucial second reading in the state Senate by an overwhelming vote of 37-3 after an emotional debate. #Economy #science #United Kingdom #Latin America #opinion
Ebola-stricken nations need $700 million to rebuild healthcare| Reuters

Jul 07, 2015

Ebola-stricken nations need $700 million to rebuild healthcare| Reuters

DAKAR Guinea, Liberia and Sierra Leone need a further $696 million in donor funding to rebuild their battered health services over the next two years in the wake of the deadly Ebola epidemic, senior World Health Organization (WHO) officials said on Monday. WHO Assistant Director General for Health Systems and Innovation Marie-Paule Kieny said that donors had pledged $1.4 billion of an estimated $2.1 billion required by the three countries before December 2017. U.N #Economy #United States #markets #Entertainment #opinion
Buffett donates record $2.84 billion to Gates, family charities| Reuters

Jul 06, 2015

Buffett donates record $2.84 billion to Gates, family charities| Reuters

REUTERS - Warren Buffett on Monday donated about $2.84 billion of Berkshire Hathaway Inc ( BRKa.N ) stock to the Bill and Melinda Gates Foundation and four family charities, as part of the billionaire's plan to give away nearly all of his wealth. The 10th annual donation, Buffett's largest, comprised 20.64 million Class "B" shares of Berkshire, and increased Buffett's total contributions to the charities to more than $21.5 billion. The Gates Foundation, which focuses on improving education and health and reducing poverty, receives the biggest share. #Business #Economy #Technology #science #Latin America #opinion
Greek finance minister quits to smooth talks after thunderous 'No'| Reuters

Jul 06, 2015

Greek finance minister quits to smooth talks after thunderous 'No'| Reuters

ATHENS/FRANKFURT Greece's combative finance minister resigned on Monday, removing one major obstacle to any deal to keep Athens in the euro zone after Greeks voted resoundingly to back the government in rejecting the austerity terms of a bailout. Leftist Prime Minister Alexis Tsipras promised German Chancellor Angela Merkel that Greece would bring a proposal for a cash-for-reforms deal to an emergency summit of euro zone leaders on Tuesday, a Greek official said. It was unclear how much it would differ from other proposals rejected in the past. #Economy #France #Middle East #Europe #markets #United Kingdom #opinion
Greece situation could have implications on international currency: Nirmala Sitharaman

Jul 06, 2015

Greece situation could have implications on international currency: Nirmala Sitharaman

The government is "very closely" monitoring the developments in Greece as that could have implications on the international currency market, Commerce and Industry Minister Nirmala Sitharaman said on Monday. #Economy #NewsTracker #Nirmala Sitharaman #Greece Financial Crisis #International Currency Market
Euclid Tsakalotos takes over as Greek FM after Yanis Varoufakis quits

Jul 06, 2015

Euclid Tsakalotos takes over as Greek FM after Yanis Varoufakis quits

The leftist economist and lawmaker of the ruling Syriza party replaces flamboyant fellow economist Yanis Varoufakis, who stepped down earlier Monday. #Economy #IMF #NewsTracker #Greece #EU #Yanis Varoufakis #Euclid Tsakalotos
Jaitley takes a jibe at economists, market commentators on economy forecast

Jul 06, 2015

Jaitley takes a jibe at economists, market commentators on economy forecast

Citing another issue, of economists predicting oil prices over the past few months, he said in a lighter vein that even "astrology is getting credibility". #Economy #Sensex #TheySaidIt #BSE #Arun Jaitley
Why should our MPs enjoy twin I-T exemptions when they are out of TDS regime?

Jul 06, 2015

Why should our MPs enjoy twin I-T exemptions when they are out of TDS regime?

The Lok Sabha Secretariat at last did a bit of soul searching and said since the parliamentarians arent employees, their salary would be taxable as income from other sources. #Economy #HowThisWorks #Lok Sabha #Salary #Pension #Income tax #MPs #Personal finance #Parliamentarians #Income Tax act