-Live Mint For the first time, tribal communities in India will have a say in implementation of projects that affect them In the last six months, two key milestones have been reached in India around the protection of Adivasi rights. The first milestone was a ruling by Supreme Court in April which gave Adivasi communities in the Niyamgiri hills of Orissa the final say on plans by a subsidiary of Vedanta...

-The Economic Times NEW DELHI: The government's earnestness to change the lives of millions untouched by high-street Banks is being tested with a proposal from its own department of posts. Armed with an amazing network of offices, the department has sought Rs 1,900 crore from the Centre to launch a bank that would connect with the aam aadmi in Indian villages and far-flung areas where few institutional lenders have a presence. Financial...

-PTI KANPUR: The water level in the Ganga in Kanpur is a mere 46-cm below the danger mark, prompting the district administration to issue a high alert for the villages situated on the Banks of the river, officials said. "The water in the river is currently flowing at 113.54m, above the red mark of 113m, and a few centimetres below the danger mark of 114m," said the nodal officer for relief work...

-The Times of India BANGALORE: Holders of fixed deposits have been earning a negative return in real terms for most of the preceding five years, thanks to inflation outstripping interest rates. To make matters worse, depositors continue to be taxed on this nominal income. Although bank fixed deposits have never been tax friendly, the level of compliance has been sketchy. But compliance is slowly getting stricter. In the past, RBI norms required Banks...

-The Economic Times MUMBAI: The Union Cabinet this week passed an ordinance to implement the National Food Security Bill (NFSB). The bill guarantees legal entitlement of food grains at a subsidised price to ~67 per cent of India's population. The ordinance will come into effect immediately once it is signed by the President. But it also needs to be approved by both the houses of Parliament in the monsoon session within six...