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IMF says India shouldn’t rush to give banking licences to conglomerates-Remya Nair and Asit Ranjan Mishra

-Live Mint The International Monetary fund (IMF) has warned India against licensing corporate entities to step into the business of commercial banking, saying the risks associated with such a move potentially outweigh the benefits of creating more banks. IMF’s Financial System Stability Assessment Update said it would be prudent for India to first put in place and gain sufficient experience in implementing a comprehensive framework for the purpose before considering the entry...

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Fertile farmlands vanish in Cauvery delta as realty deals entice farmers -A Srivathsan

-The Hindu Farmers are opting for the real estate option due to poor agricultural conditions Pushed by unsettling agricultural conditions and pulled by lucrative real estate deals, farmers across the famed and fertile Cauvery delta in Tamil Nadu are selling their lands to real estate developers. In Amma Chatram, Marudhanallur, Tirunageswarm, Mathur, and in a host of other villages in Thanjavur and adjacent districts, farmlands are being converted to residential plots at...

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Constitutionally Mandated Regulator Suggested for Media

-Outlook Mediapersons, legal experts and civil society have suggested the setting up of a constitutionally mandated regulator to check "misuse and abuse" of the media in the country. Some discussants also suggested establishing a consultative group for norms, conduct and ethics to monitor implementation by the media and to facilitate greater degree of coordination between government, media business and civil society. They were speaking at a conference on "Media Regulation: Is Status Quo...

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New UN environment studies show rising mercury threat to people in developing countries

-The United Nations Communities in developing countries are facing increasing health and environmental risks linked to exposure to mercury, according to new studies by the United Nations environmental agency. Produced by the UN Environment Programme (UNEP), the studies note how parts of Africa, Asia and South America could see increasing emissions of mercury into the environment, due mainly to the use of the toxic element in small-scale gold mining, and through the...

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Khaps look to Twitter-Ananya Sengupta

-The Telegraph When survival is at stake, tweet. Khap panchayats, the extra-judicial village courts that face possible ban following allegations of encouraging “honour killings”, have decided to give themselves an image makeover. And the “best way” of doing that, they feel, is logging on to social networking sites like Twitter and Facebook. “It is essential for us to spread information about what we do and who we are. The Internet is the best way...

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