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Gold loans – The importance of high LTV

Ut World September 29, 2014 0

The history and growth of India’s gold loan NBFCs is best studied by dividing it into three distinct phases. The first phase was the period up to 2005 or so when no one really bothered about gold loans, when growth was slow, steady and quite unexciting. It changed around 2005 when private Continue Reading

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Social Networking Site Blocked

Ut World September 29, 2014 0

Instagram, the popular photo-sharing service owned by Facebook Inc, has been blocked in China, according to numerous reports, including from Hong Kong-based reporters with the New York Times. The company did not immediately return requests for confirmation. The reports came amid pro-democracy protests in Hong Kong, where many have posted photos and videos, including of Continue Reading

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Investigations on Humam Trafficking

Ut World September 27, 2014 0

Colombia needs to train more prosecutors to identify and investigate human trafficking cases, boost low conviction rates and tackle a problem that remains largely invisible, the country’s top watchdog said. Colombian adults and children are trafficked for sex outside and within the country, mainly in tourist cities along the Caribbean coast. It is also a […]Continue Reading

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A Country Running Out of Make-Up

Ut World September 27, 2014 0

Venezuela’s famed models and aspiring beauty queens are struggling to doll themselves up as shortages turn eye shadow and breast implants into coveted luxuries. In a country that glorifies voluptuous women and opulent beauty pageants, even basics like deodorant are now at times tricky to find as strict currency controls have led to a scarcity […]Continue Reading

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Exhibition Cancelled in London

Ut World September 26, 2014 0

 A slavery exhibition featuring black actors as live models to represent African slaves was canceled by a London art center after protests of racism, sparking a debate on Thursday about freedom of expression. The show, Exhibit B, by South African director Brett Bailey, at London’s Barbican Centre, aimed to tell the stories of African slaves and asylum […]Continue Reading

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Men’s Support in Women’s Rights

Ut World September 24, 2014 0

British actress Emma Watson’s plea for men to join the fight for equal rights for women has sparked a flood of pledges across the world, including from fellow celebrities and politicians. Watson, 24, who rose to fame as Hermione in the Harry Potter movies, gave her first major speech as a United Nations Women’s Goodwill […]Continue Reading

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BlackBerry’s Launch of Passport

Ut World September 24, 2014 0

BlackBerry is set to launch an unconventional new smartphone dubbed the Passport on Wednesday, as it embarks on potentially the most critical phase of its long turnaround. The one-time smartphone industry pioneer recently concluded a three-year long restructuring process and has largely halted the bleed, but it is now up to Chief Executive John Chen to […]Continue Reading

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Rights Advocate Jailed by Chinese Government

Ut World September 23, 2014 0

A Chinese court on Tuesday sentenced to life in prison the country’s most prominent advocate for the rights of Muslim Uighur people, his lawyer said, the latest sign of Beijing’s determination to suppress dissent. Economics professor Ilham Tohti stood trial on separatism charges in the western region of Xinjiang last week. His case has provoked an international Continue Reading

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Afghanistan’s President-Elect

Ut World September 22, 2014 0

Former finance minister Ashraf Ghani was named Afghanistan’s president-elect on Sunday after he signed a deal to share power with his opponent, ending months of turmoil over a disputed election that destabilised the country as most foreign troops prepare to leave. The announcement withheld the final election numbers, apparently as part of the political deal […]Continue Reading

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Dead Lizard Found in School Children’s Food

Ut World September 20, 2014 0

300 pupils at a school were rushed to a hospital after consuming government-provided lunches, evoking memories of 23 children who died last year after eating food from the same welfare scheme. A dead lizard was found in one of the seven food containers provided under the midday meal scheme at a government school in Bangalore, […]Continue Reading