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No slowdown in bank lending to agriculture sector -Radhika Merwin

-The Hindu Business Line This is result of lacklustre credit growth to India Inc and tough priority sector lending norms Credit growth in the banking system continues to languish below the 10 per cent mark, far lower than the 14 per cent seen a year back. But there is one segment that has managed to grow faster than last year - loans to the agriculture sector. These grew 16.5 per cent in...

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A third of top 500 firms’ books dodgy: SFIO -Subhomoy Bhattacharjee

-The Financial Express A forensic report prepared for the Serious Fraud Investigation Office (SFIO) shows over a third of India's top 500 companies, including those in the top 100, are "managing" their accounts. It finds that companies where promoters hold more than 50% of total shareholding are more likely to take such steps to impress markets with their performance. Both domestic companies and subsidiaries of multinationals listed in India show similar trends...

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When statistics lie -Paranjoy Guha Thakurta

-The Asian Age The much-quoted sentence, "there are three kinds of lies: lies, damn lies and statistics", was attributed to the 19th century British Prime Minister Benjamin Disraeli by American author Mark Twain. Although researchers could never find such a statement in any written work of Disraeli, the sentence gained universal popularity to signify how economists and other number-crunchers use the "persuasive power" of figures to make a political point or...

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Farm to Plate: How safe is your food? -Priyamvada Kowshik

-India Today "The butterflies will show you the way to the farm." Farmer Sunil Gupta is not talking of mythical butterflies that will appear to guide me to the organic farm I am trying to locate amidst swathes of farmland, some lush with the standing paddy, some damaged in parts from last week's strong winds, others dotted with vegetable patches or freshly ploughed for the next crop. Can one tell an organic...

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Centre to overhaul green laws for 'ease of business' -Nitin Sethi

-Business Standard About 100 changes have already been effected through executive orders; new amendments involve structural and policy-level alterations The Centre is all set to overhaul environmental and forest regulations, policies, and laws once the two-day conference of state forest ministers and officials is over. The conference will start on Monday with Prime Minister Narendra Modi addressing it. After effecting some 100-odd changes to regulations through executive orders, the Union environment ministry has...

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