-The Economic Times MUMBAI: The Reserve Bank of India has revised the definition of priority sector to include corporates engaged in agriculture and allied activities, and amended the limits for certain categories. In a circular issued to commercial banks on Wednesday, the RBI has clarified that loans to corporates, including companies formed by individual farmers, partnership firms and co-operatives of farmers directly engaged in agriculture and allied activities, will now be considered...
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Gutkha lobby on ad blitz, ministry plans counter-offensive-Abantika Ghosh
-The Indian Express A series of surrogate advertisements by the gutkha lobby against the ban on it in 14 states in quick succession is now threatening to erupt into a full-scale ad war. The Health Ministry is considering the option of issuing ads of its own to rebut the claims made by gutkha makers. Interestingly, the ministry does not appear to be keen on invoking the anti-tobacco law, which forbids advertising of...
More »Farmville in the real world -GS Unnikrishnan
-The Hindu A.R. Avaneendranathan, a dairy farmer, aims at popularising native breeds of farm animals “This cow is 83 cm tall, just six cm more than the shortest cow entered in the Guinness Book of World Records. I bought her at Badiyadukka in Kasaragod district. She is a Kasaragod dwarf breed of cattle but has the characteristics of a Malnad Gidda, which is also a dwarf breed. This breed can survive on...
More »UN reports slight increase in food prices, warns of decline in global cereal harvest
-The United Nations The United Nations today reported that global food prices slightly increased in September after two months of stability, and warned that despite increased cereal production in low income countries, global harvest of this commodity is expected to decrease this year. During September, the UN Food and Agriculture Organization’s (FAO) Food Price Index rose by 1.4 per cent from its level in August. The rise to 216 points from 213...
More »Media moguls: Inside the minds of Samir and Vineet Jain -R Jagannathan
-First Post It is impossible to talk about Indian publishing without discussing Samir Jain, whose invisible hand guided The Times of India group to become India’s – and probably the world’s – most profitable media company. Despite its relatively small size in the global league (Rupert Murdoch’s NewsCorp is 20 times bigger in terms of revenues), Jain’s Bennett, Coleman & Co Ltd (BCCL) packs a huge punch and is Indian publishing’s...
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