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Interest rates may fall as inflation slows to 3-year low

-The Times of India The inflation rate slowed to a more than three-year low of 5.96% in March on the back of softening vegetable, fruits and milk prices, brightening the prospect of an interest rate cut by RBI while bringing relief for the politically beleaguered government. Lower interest rates would provide relief to thousands of borrowers reeling under the burden of high equated monthly installments ( EMIs) on their home loans. Data released...

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Nobody’s children

-The Hindustan Times Far from the neatly trimmed lawns of India Gate that so often reverberate with cries for justice, far also from the corridors of power where ministries recently squabbled over the right age for consensual sex, lie 197 districts - yes 197, read the figure again - where children are regularly abused. In these districts -- all ridden by conflict -- words like illegal detention, arbitrary arrests, sexual violence, torture...

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Kisan credit cards buoy rural demand- Dinesh Unnikrishnan

-Live Mint In the two years to March 2012, the number of kisan credit cards grew by 28%, while the outstanding amount grew by 76% So far, the rural job-guarantee scheme, other social programmes by state governments and the raising of minimum support prices to farmers have been cited as reasons for the continued buoyancy in rural consumption and also for inflation in food items. But there could be another insidious...

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Media demonising Muslim community: Katju

-PTI "Discrimination" against Muslims is giving rise to a feeling of injustice among them, Press Council Chairman Markanedya Katju on Sunday claimed and rebuked the media for what he described as "demonising" Muslim community through "irresponsible" journalism. "Whenever a bomb blast occurs or such incident takes place, within an hour or so many TV channels start showing that an email or sms has come from the Indian Mujahideen, JeM or Harkatuljihad-e-Islam, or...

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Rotten agents spoil the Kashmir apple barrel-Ahmed Ali Fayyaz

-The Hindu A NABARD survey says middlemen funded by banks have kept growers captive to high-interest loans Jammu: Kashmir's acres of undulating apple orchards may soon be waste lands, a survey by the National Bank for Agriculture and Rural Development (NABARD) accessed by The Hindu shows. The Rs. 4,000-crore industry has been brought to its knees by a network of middle-order market functionaries comprising pre-harvest contractors (PHCs), commission agents (CAs) and wholesalers...

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