By Matters India Reporter Patna: India has been witnessing a “great shift” in household savings from physical to financial assets, says a senior executive at a leading mutual fund investment company. The tendency to funnel savings into physical or non-financial assets—gold and real estate—was changing and an “increasing preference” forContinue Reading

By Matters India Reporter Kalimpong: A retired priest of Darjeeling diocese, who contributed to Nepali liturgical music, passed away on October 29. He was 78. At the time of death, Father Leonard Tamsang was residing at Gianora Home Diocesan Home for the elderly priests, Kalimpong. He was a priest forContinue Reading

Pathanamthitta: Suffragan Metropolitan Geevarghese Mar Theodosius will take charge as the 22nd Metropolitan of the Malankara Mar Thoma Syrian Church on November 14. A decision to install the Suffragan Metropolitan, who currently holds charge of the church, as the Mar Thoma Metropolitan was made during a meeting of the episcopalContinue Reading

Vatican City: Malaysia’s first cardinal died Oct 28 at the age of 88. Cardinal Anthony Soter Fernandez died Oct. 28 at a home run by the Little Sisters of the Poor in the town of Cheras, according to a communique from the Archdiocese of Kuala Lumpur. Fernandez, who served asContinue Reading

Kochi: The decision of the CPI(M)-led LDF government in Kerala to implement 10 per cent reservation in government jobs for the economically weaker section (EWS) among forward communities has created sharp divisions among the caste, religious and political organisations in the state. A crack is visible in the opposition Congress-ledContinue Reading

Bhubaneswar: To promote inter-caste marriages Odisha Chief Minister Naveen Patnaik on October 27 launched a web portal that would help inter-caste couples get an incentive within 60 days of application. Launching the Sumangal portal, Patnaik also announced hike in the incentive from 100,000 rupees to 250,000 rupees. Patnaik said suchContinue Reading