-AP The microfinance industry pursued a path of rapid business growth in recent years; two investigations now link it to debtor suicides   First they were stripped of their utensils, furniture, mobile phones, television sets, ration cards and heirloom gold jewellery. Then, some of them drank pesticide. One woman threw herself into a pond. Another jumped into a well with her children. Sometimes, the debt collectors watched nearby. More than 200 poor, debt-ridden residents of...

-The Times of India   Denying charges that their campaign against the Russian-aided Kudankulam Nuclear Power Project was being funded by United States-based groups, the People's Movement against Nuclear Energy convener S P Udayakumar on Saturday threatened legal action against Prime Minister Manmohan Singh and Union minister of state in the PMO V Narayanasamy.  The Union minister told TOI on Friday that the licences of three NGOs backing the anti-nuclear protests have been...

-AP India has shut down three aid organizations it says were diverting foreign funds toward rallying protests against a Russian-built nuclear plant in the south, but one group on Saturday denied any involvement in the protests while another said its efforts were entirely homegrown.  Activists opposed to an expansion of India's atomic energy portfolio argue that Japan's Fukushima nuclear disaster caused by a massive earthquake and tsunami last March showed that such...

-The Business Standard   A Nandan Nilekani-led task force on an Aadhaar-enabled unified payment infrastructure has recommended setting up a network of one million interoperable micro-ATMs across the country. The ATMs will be operated by business correspondents. The task force, headed by the Chairman of Unique Identification Authority of India, submitted its report to Finance Minister Pranab Mukherjee on Thursday. The panel has suggested that in order to set-up this network quickly, a last-mile transaction...

-The Economic Times A panel headed by Nandan Nilekani, chairman of the Unique Identification Authority of India, has suggested all government payments above Rs 1,000 be gradually made or received electronically to cut graft, and bring about greater transparency and accountability.  The panel has also recommended creation of a network of 10 lakh interoperable micro-ATMs operated by business correspondents to allow people to access their accounts at their own convenience and said...