-The Hindu Small farmers are getting only 30-40% of loans meant for the sector, says RBI report New Delhi: The small and marginal farmers are missing out on the bulk of agricultural credit, as per information provided by the Reserve Bank of India, which showed they are receiving only 30-40% of loans meant for the sector. As per a report submitted by the RBI to the Parliamentary Standing Committee on Agriculture in response...

-The Telegraph Washington: The Supreme Court of America on Monday agreed to consider reviving a lawsuit by Indian villagers seeking to hold a Washington-based international financial institution responsible for widespread environmental damage they blame on a power plant it financed. The justices will hear an appeal by the villagers of a lower court ruling that the International Finance Corp (IFC) was immune from such lawsuits under federal law. IFC, part of the World...

The present NDA government led by the BJP at the Centre came to power in 2014 on the planks of development and anti-corruption. However, contrary to PM Narendra Modi's slogan of 'Na Khaunga, Na Khaane Doonga' (meaning ‘would not take bribes, nor would let anyone accept bribe’), a new report by the Delhi-based Centre for Media Studies (CMS) shows that almost three-fourth of Indian households think that the level of...

-The Indian Express Among private banks, ICICI Bank, whose MD and CEO Chanda Kochhar is facing allegations of conflict of interest while sanctioning loans to the Videocon Group, topped the NPA table with Rs 54,063 crore in bad  loans. Mumbai: Data over the last five years shows that private banks have been steadily accumulating bad loans, with a 450 per cent rise in gross Non-Performing Assets (NPAs) of these banks — from...

-The Indian Express The bullet train project, kicked off after discussions between PM Narendra Modi and his Japanese counterpart Shinzo Abe, is being built with a Rs 88,000-crore soft loan from Japan International Cooperation Agency (JICA). Mumbai: EARLY this month, Raghunath Sutar (32), a Warli tribal from Dahanu taluka in Palghar district, was at the office of the district collector when his neighbours in Sakhare village sent him WhatsApp messages and...