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Financial services secretary Rajiv Takru seeks details of top 50 NPAs from state-run banks

-The Economic Times  The finance ministry has told all state-run banks to disclose their 50 largest bad loans to help them make a recovery plan and establish a system for zero tolerance against wilful defaulters. In a recent meeting with heads of state-run banks, new financial services secretary Rajiv Takru told them to furnish details of their top 50 non-performing assets (NPAs), including loan sanctioning officer, terms of loan, the collateral furnished...

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In Dhule, the struggle for identity manifests as violence

-The Hindu The influx of 2.5 lakh Muslims after the 2008 constituency delimitationled to insecurity among Hindus in Dhule, claims social activist Almost two months since six people were killed after communal violence in the north Maharashtra district of Dhule, the aggressive-yet-vulnerable countenance of the town has resurfaced. Citizens, both Hindu and Muslim, reveal that behind the volatility is the small town’s neglected struggle for an identity. A small fight at a local...

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FDI in retail will touch only 13.3% of population, Centre tells SC -Dhananjay Mahapatra

-The Times of India The Union government downplayed the opposition's concern over allowing foreign direct investment in multi-brand retail and informed the Supreme Court on Friday that the policy, when fully implemented, would touch the lives of only 13.3% of the country's population living in 53 cities. The government said its policy on FDI in multi-brand retail stipulated that retail sales outlets could be set up only in cities with a population...

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Social media come to the rescue again

-The Hindu When all else fails, you still have the social media to bank on. Hyderabad: With phone lines from almost all service providers getting jammed, social networking websites Twitter and Facebook played a vital role in spreading news of individuals who were in the vicinity of the blast area among friends, relatives and colleagues. The micro blogging sites also became a platform to make frantic appeals by users to stop spreading unnecessary...

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Govt moves to block 55 Facebook pages on Afzal Guru

-The Times of India The government has asked internet service providers to block 55 Facebook pages related to Afzal Guru. The notice by the Department of Telecom was issued a day before internet services were restored in Kashmir Valley after remaining suspended for a week following Afzal's hanging. It was on the same day, February 14, that the notice ordering ISPs to block 73 web pages with content relating to a...

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