-Live Mint Subsidized loans given to farmers through KCCs could very well be the next big source of NPAs for banks Mumbai: A surge in exposure to farm debt through Kisan Credit Cards (KCCs) could emerge as a risk for India's state-run banks, according to experts. Subsidized loans are given to farmers through KCCs by state-owned banks. Until March 2012, the outstanding amount on such loans was`1.6 trillion through 20.3 million cards, as...

-The Indian Express The 612 Indians on the list of those who have invested in tax havens such as the British Virgin Islands include two MPs, a former royal and top industrialists. RITU SARIN puts together details of 20 among them SONU LALCHAND MIRCHANDANI Mirchandani is the founder of popular consumer electronics firm Onida. Mirchandani and his wife, Soni, opened a BVI company called Strong Wing Overseas Ltd in 2006 with an authorised...

-PTI GANDHINAGAR: The Comptroller and Auditor General of India (CAG) has come down heavily on the Gujarat government and state Public Sector Undertakings for causing a loss of nearly Rs 580 crore to the exchequer by bestowing "undue" favours to large corporate entities. The major industrial houses to whom the Narendra Modi government played the benefactor included Reliance Industries Ltd (RIL), Essar Steel and Adani Power Ltd (APL), the report for year...

-PTI State tweaked rules to grant land to Ford and L&T, says report The Comptroller and Auditor-General of India has come down heavily on the Gujarat government and State public sector undertakings for causing a loss of nearly Rs. 580 crore to the exchequer by bestowing "undue" favours on large corporate entities. Major industrial houses to which the Narendra Modi government played benefactor included Reliance Industries Ltd (RIL), Essar Steel and Adani Power...

-The Business Standard Politics means sugarcane gets Maharashtra's scarce water The drought in a large part of Maharashtra, said to be the worst since 1972, may have been triggered by poor rainfall in the last monsoon season - but it has been compounded by mismanagement of the available water. Nearly one-third of the state's population living in the 15 drought-hit districts in and around the Marathwada region is facing a severe scarcity...