-Live Mint Indians who live in slums are not very different from those who live elsewhere, in terms of ownership of Assets Indians who live in slums are not very different from those who live elsewhere, in terms of their ownership of Assets, including consumer products and houses, although they may not have the same access to water and sanitation. The finding, reflected in Census 2011 data that was released on Thursday, reinforces...

-Live Mint State govt says did not receive notice from SC before order was issued; SKS shares fall 19.63% in intra-day trade Mumbai: Andhra Pradesh, once the largest market for microlenders and home to India's lone listed such institution SKS Microfinance Ltd, said on Thursday it would challenge the Supreme Court's recent interim order allowing the company to resume operations in the southern state, driving the stock down by almost 20%...

-The Economic Times The government wants to roll out cash benefit transfers throughout the country before the end of its term in 2014. It is a laudable goal, but will require speedy generation of Aadhaar, the unique identification number, and of Aadhaar-linked bank accounts. About 40% of Indians have no access to formal financial services. So, the government wants to step up efforts to open a bank account for every beneficiary and...

-PTI   Approximately 68 million Indians are living in slums, according to a government census. Releasing the first such census report on slum households prepared by the Registrar General of India, Union Housing and urban poverty alleviation minister Ajay Maken today said that majority of them were located in Maharashtra, Andhra Pradesh, Tamil Nadu, West Bengal, Madhya Pradesh and Uttar Pradesh. Presenting the highlights of the report, Census Commissioner C Chandramouli said,...

-The Economic Times Finance Minister P Chidambaram has warned corporate bigwigs against wilful defaults, reminding promoters that it was their duty to bring in additional capital if their companies got into trouble. "We cannot have an affluent promoter and a sick company," he said, in an apparent reference to the collapse of Kingfisher Airlines, owned by the flamboyant Vijay Mallya. Banks are stuck with nearly Rs 7,000 crore worth of loans they...