Prisoners of process
Business Standard|November 22, 2024
Prison decongestion schemes have been suboptimal

Union Home Minister Amit Shah's statement on releasing on Constitution Day undertrial prisoners who have served more than a third of the maximum prescribed sentence for the crime they have supposedly committed is a well-meaning attempt to decongest India's notoriously overcrowded prisons. But much would depend on jail authorities' ability to compile and process lists in less than a week. The sheer magnitude of the task is daunting.

According to the National Crime Records Bureau, undertrials comprise 75 per cent of India's prison population, which has risen 41 per cent since 2017. This situation prevails in spite of efforts to ease congestion in jails for the past 19 years.

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Business Standard

White-collar hiring up 9% in Dec: Report

According to Naukri JobSpeak, the index reached an impressive 2,651 points in December 2024, reflecting a robust 9 per cent year-on-year growth, a promising sign for the year ahead.

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1 min  |
January 03, 2025
Missing Women in South Indian Film Leadership
Business Standard

Missing Women in South Indian Film Leadership

The South Indian film industry lags Bollywood and other non-South Indian language cinemas in terms of women serving as heads of departments (HoDs) in various stages of filmmaking and streaming series production, according to a recently released report.

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1 min  |
January 03, 2025
Business Standard

Manu Bhaker, Gukesh among four athletes to get Khel Ratna award

Shooter Manu Bhaker, chess world champion D Gukesh, men's hockey captain Harmanpreet Singh and para-athlete Praveen Kumar were on Thursday named recipients of this year's Major Dhyan Chand Khel Ratna Award—the country's highest sporting honour.

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1 min  |
January 03, 2025
Business Standard

MHA warns against 'pig butchering scam'

A new cyber fraud known as \"pig butchering scam\" or \"investment scam\" has emerged, targeting unemployed youths, housewives, students, and needy people who are made to lose large sums of money daily, according to the latest annual report of the Union home ministry.

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1 min  |
January 03, 2025
Insurers to double down on tech, rural expansion for growth in '25
Business Standard

Insurers to double down on tech, rural expansion for growth in '25

Industry will also focus on strengthening distribution networks and human capital

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2 mins  |
January 03, 2025
UNDER THE PUMP
Business Standard

UNDER THE PUMP

India's 2025 fuel exports could feel the heat of geopolitics, Houthi attacks, growing US supplies, and new refineries

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5 mins  |
January 03, 2025
Auto stocks race on December sales boost
Business Standard

Auto stocks race on December sales boost

Shares of automobile companies rose for the second consecutive day, with Eicher Motors, Maruti Suzuki India (MSIL), Ashok Leyland, and Mahindra & Mahindra (M&M) surging between 4 per cent and 9 per cent on Thursday.

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2 mins  |
January 03, 2025
Business Standard

Earnings growth likely to be a key driver this year: Mirae Asset MF

Even as earnings growth has decelerated in recent quarters, India's medium-to-long-term outlook remains robust, driven by strong macro fundamentals, deleveraged corporate balance sheets, robust asset quality, fiscal discipline, favourable demographics, digitisation, and rising income levels, Mirae Asset Mutual Fund said in its outlook for 2025.

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1 min  |
January 03, 2025
Best Dec for IPOs since 1996
Business Standard

Best Dec for IPOs since 1996

15 firms collectively raised ₹25,425 cr last mth

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2 mins  |
January 03, 2025
Temper expectations as growth challenges remain: Axis MF
Business Standard

Temper expectations as growth challenges remain: Axis MF

Significant valuation expansion seems unlikely in 2025 amid near-term growth challenges, likely muted inflows from foreign institutional investors (FIIs), and subdued earnings expectations, Axis Mutual Fund (MF) said in its outlook, while asserting that it will be a year of stock picking across market caps.

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1 min  |
January 03, 2025