-The Times of India KOLKATA: It's not only Cobrapost that seems to be stinging public sector banks. State-owned banks have come under fire and are accused of being hand-in-glove with willful defaulters like Ponzi kingpin Sudipta Sen. In a 25-page statement that the CBI deems a confession, Sen has detailed how he acquired Global Automobiles, a company with a bank debt of Rs 186 crore. Formed in 2005, the company's owner Shantanu...

-Cobrapost.com Part 1 of Operation Red Spider was just the tip of the iceberg! Cobrapost's Continuing Shocking Expose: Twenty-Three Major indian banks, Both Public and Private, and Insurance Companies, are Running a Nation-Wide Money Laundering Racket, Blatantly Violating the Laws of the Land. And the culprits being exposed this time are: Life Insurance Corporation, State Bank of India, Bank of Baroda, Punjab National Bank, Canara Bank, indian bank, IDBI Bank, Yes Bank, Federal Bank,...

-The Indian Express The Congress's bill could end up sponsoring the NDA's campaigns A good thing about the logjam in Parliament, it has to be said, is that it has prevented the ill-advised food security bill from being passed. It would, though, be naive on our part to presume the BJP stalled Parliament - the Congress's blatant abuse of the CBI process was a big reason for this - only because it...

-The Hindu     The mistaken notion that the 53 per cent of India's population ‘dependent on agriculture' are all ‘farmers' leads many to dismiss the massive farmers' suicides as trivial There are nearly 15 million farmers (‘Main' cultivators) fewer than there were in 1991. Over 7.7 million less since 2001, as the latest Census data show. On average, that's about 2,035 farmers losing ‘Main Cultivator' status every single day for the last 20...

-The Indian Express By May 2, Sahara India Real Estate Corporation Ltd (SIRECL) has to prove the "genuineness" of all its investors to the Supreme Court. It has a difficult task on its hands: the name ‘Kalawati' figures 5,984 times on that list, same names appear against different locations, and geography takes a giant leap with ‘Jaipur Nagpur Maharashtra' and ‘187 Aurangabad Lucknow UP' mentioned as addresses. SIRECL had given the list...