-NDTV Cobrapost, an online magazine, claims to have caught on camera what is describes as a massive expose, which allegedly proves that some of the largest private sector Banks in the country help in money-laundering. The Banks involved have denied the accusations.   NDTV cannot verify the authenticity of the video footage, filmed largely on hidden camera,  and shared by  Cobrapost executives at a press conference in Delhi. A press release by ...

-The Indian Express The coal ministry is likely to tell the Supreme Court that allocations made through the screening committee route were "unimpeachable and unquestionable". A day after the Supreme Court rapped the government saying all coal blocks allocated during 2006-09 can be summarily de-allocated if breach of procedures in the defined allocation process is established, coal ministry officials are sure they can defend the policy. They aim to include the comments of...

-Live Mint India’s water security outlook has been labelled ‘hazardous’ in report published by Asian Development Bank India’s water security outlook for 2013 has been labelled “hazardous” in a report published by the Asian Development Bank (ADB) titled Asian Water Development Outlook 2013.   A hazardous outlook implies inadequate levels of public investment, regulations and enforcement related to water. India was given the lowest water security index rating of 1 (on a scale of...

-NDTV Jim Yong Kim, who took over as the president of the World Bank in July last year, is on his maiden visit to India. He speaks to NDTV's Vikram Chandra on his first impressions of the country, the development challenges that India is facing and how poverty levels can be brought down. Here are the highlights of what Mr. Kim said:     Significant that I went to Uttar Pradesh in my first...

-The Hindustan Times Kanpur: The district administration here made best of efforts to present a pretty picture. But the World Bank chief Dr Jim Yong Kim was obviously not moved. What touched him instead was the rampant poverty that he saw everywhere. "People here are extremely poor. They don't have access to clean drinking water, roads, sanitation and electricity," he said after visiting a Gwaltoli slum in Kanpur. "They (the people) struggle...