-Business Standard A clear picture is likely to emerge only towards the end of June Mumbai: Rural distress owing to heavy unseasonal rains in March and the prospects of less-than-normal monsoon have made bankers “a cautious lot” at the start of this financial year. However, it is too early to conclude that the impact of rains, or the lack of it, would be bad. According to public sector bank executives, the assessment for...

-The Telegraph New Delhi: The government has floated a draft proposal to create a national database for people with disabilities. The proposal seeks to link the unique disability identification card - a smart card for all people with disabilities - to a central database to "ensure homogeneity and uniformity and streamlining the tracking of physical and financial progress of benefit delivery at all levels". The ministry had in October last year floated the...

-The World Bank A World Bank study shows creating productive assets can help make MGNREGS cost effective New Delhi– The Indian economy has turned the corner, says the latest India Development Update of the World Bank. Aided by a supportive external environment, in particular the sharp decline in oil and commodity prices, the Indian economy has taken strong strides towards higher growth and enhanced stability. Growth has accelerated, inflation has declined, the...

-The Hindu "NGOs, particularly those involved in protests against the Kudankulam nuclear power project in Tamil Nadu, received funds from abroad" The Union Home Ministry suspects that many non-government organisations registered under the Foreign Contribution Regulation Act (FCRA) are indulging in money laundering. Enforcement agencies have so far initiated investigation against 20 such NGOs. “These NGOs, particularly those involved in protests against the Kudankulam nuclear power project in Tamil Nadu, received funds from...

-Hindustan Times They are called cafeteria sessions. At lunch time, Greenpeace fund-raisers wander among hundreds, sometimes thousands, of young men and women packing the cafeterias of Indian companies. It’s not a good idea to name these companies. Greenpeace’s activities include forest preservation, renewable-energy promotion and fighting on behalf of local communities. These appear to be popular causes among young professionals. Donations of Rs 300 to Rs 500 constitute about 80% of...