The finance ministry has asked state-run banks to stop making payments to their customers through cheques from July 1 and to "migrate totally" to electronic payment channels, a move aimed at cutting costs in a sluggish economy.  In a circular issued to chairmen of public sector banks and regional rural banks, the ministry said all payments to customers, staff, vendors and suppliers as well as disbursement of loans and payments towards...

-The Business Standard When the anti-Posco BRIgade celebrated the seventh anniversary of their agitation against the mega steel venture of the South Korean behemoth at Dhinkia near Paradip in Odisha last week, the noise they made against the project was drowned by the murmurs of a split in their ranks. After fighting against the project for the last seven years, Posco Pratirodh Sangram Samiti (PPSS) seems to be disintegrating, with many of...

-The Hindu Business Line VISAKHAPATNAM: Farmers in Visakhapatnam district are being encouraged to rediscover and adopt age-old agricultural practices, give up use of chemical fertilisers and pesticides, and grow organic crops, according to Mr P. Ramana, district manager of Community Managed Sustainable Agriculture project. He said in an interview that the project, being implemented by the District Rural Development Agency (DRDA), is meant to support poor farmers to adopt sustainable agricultural practices...

-The Telegraph   Ashok V. Desai,consulting editor of The Telegraph and chief consultant to the finance minister when Manmohan Singh launched the economic reforms, takes a deep dive into statistics to figure out what is wrong with the economy as Pranab Mukherjee leaves the finance ministry and Singh takes charge The growth rate of gross domestic product is reported to have come down. What does that mean? Before the question can be answered,...

-The Indian Express New CBSE proposals could restore the credibility of teachers as evaluators This year’s round of college admissions have seen cut-offs in Delhi University soaring to an incredible 99 per cent for several courses. This is not surprising, given the astronomical marks that many students have scored in their class 12 boards. But the clamour around results and admissions throws into sharp relief the structure and content of an examination...