-The Economic Times The Reserve Bank today expressed concern over asset quality of banks and lower credit flow to rural areas, despite the fact that performance of Indian banks improved during the 2010-11 period. In its report titled 'Trend and Progress of Banking in India 2010-2011', RBI said that the Indian banking sector demonstrated continued revival from the peripheral spill over effects of the recent global financial turmoil in 2010-11, but despite...
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What Is The Real Goal Of The Anna Movement? by Rohini Hensman
Many people including members of Team Anna have expressed reservations about the way in which their campaign has been developing, and some have even resigned. This raises questions about the real aim of the leadership around Anna. Is it really what it is proclaimed to be? Is the aim to get the Jan Lokpal Bill passed by parliament? Team Anna has repeatedly stated that they have just a one-point agenda: to get...
More »Protesters to sue Narayanasamy for ‘foreign-funding charge'
-The Hindu Coordinator of the Anti Kudankulam Nuclear Power Project movement, S.P. Udhayakumar, has decided to file defamation case against Union Minister of State for Prime Minister's Office, V. Narayanasamy, for alleging that the protesters were getting money from foreign countries to stop commissioning of the plant. Speaking to reporters here on Saturday, he said that the Congress was supporting the commissioning of the plant. “They are terming us anti-nationals only for...
More »Gujarat riots case: 31 get life for torching 33 including 11 children
-Express News Service A special riots court awarded life sentences to 31 people, mostly landed Patels of Sardarpura village in this district, for killing 33 Muslims who were employed as their farm labourers and were their neighbours, to avenge the Godhra train burning of February 27, 2002. Of the dead, 17 were women and 11 children. Principal District Judge S C Srivastava convicted them for murder, rioting and promoting enmity between different...
More »School on a bus brings classes to Indian slums
-Reuters On a hot afternoon, a bright orange bus drives into a slum area of the southern Indian city of Hyderabad, parking amidst shelters made of tarpaulins and bits of wood. Barefoot children come running, eyes shining, and troop inside. It's a school on wheels that brings education to the doorstep of disadvantaged children such as these every day, halting for several hours at a time in different parts of...
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