-Press Release from Right to Food Campaign dated 26 February, 2018 Ranchi: Thousands of people – men and women, young and old – walked all the way from Nagri Block towards the Chief Minister’s House in Ranchi today to demand an immediate end to the “DBT for food subsidy” experiment in Nagri. They were prevented from reaching the CM’s house, but they did reach the Governor’s house where they held a...

-Macroscan.org Indian banking today is at a tipping point. Banks are burdened with non-performing assets, INCurring significant losses due to provisioning and unable to sustain credit growth, and therefore changes are both necessary and inevitable. There are possible strategies with very different implications: many leading banks could be restructured with state support and encouraged to regain the status they had as major instruments of development policy in the two decades after...

-The Hindu We need stricter adherence to sound banking rules and more transparency from public and private players The bank frauds involving Punjab National Bank (PNB) and the companies associated with businessmen Nirav Modi and Mehul Choksi as well as the Rotomac case couldn’t have come at a worse time. The Indian banking system is already reeling under the pressure of growing NPAs, or non-performing assets (less politely known as loans that...

-The Times of India NEW DELHI: The safety and operational performance of 700 large dams across 18 states will be improved through repair and rehabilitation work over six years (2020-26) at an estimated cost of nearly Rs 7,000 crore. Some of these dams will also be developed as tourist destinations so that it can generate revenue for maintenance and create jobs for local people. The World Bank-funded project was cleared by...

-PTI The official said that the state has registered one lakh foreign tourist footfall in 2017, while the number of domestic tourists crossed 1 crore. Kolkata: Jammu and Kashmir is “completely” safe for visitors and tensions in the border areas have “little effect” on its tourism circuit, a senior official of the northern state said in Kolkata on Friday. Describing the last year’s attack on Amarnath yatris as an “isolated INCident to...