-The Times of India Retail inflation soared in February on the back of stubborn food prices sustaining pressure on consumers and complicating the policy choice for the central bank. Data released by the Central Statistics Office (CSO) on Tuesday showed the inflation rate based on all-India general CPI ( consumer price index) for February was 10.91% compared to 10.79% for the previous month. The inflation rates for rural and urban areas for...
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Financial services secretary Rajiv Takru seeks details of top 50 NPAs from state-run banks
-The Economic Times The finance ministry has told all state-run banks to disclose their 50 largest bad loans to help them make a recovery plan and establish a system for zero tolerance against wilful defaulters. In a recent meeting with heads of state-run banks, new financial services secretary Rajiv Takru told them to furnish details of their top 50 non-performing assets (NPAs), including loan sanctioning officer, terms of loan, the collateral furnished...
More »Organic food fails to move cash registers for retailers-Writankar Mukherjee
-The Economic Times Brands may be spending million to promote an eco-friendly-image, but when it comes to actual sales, organic and 'planet-friendly' products have failed to move cash registers for retailers, whether it's fresh produce, groceries or even clothing. Top food retailers like Future Group, Reliance Retail and Spencer's Retail say sales from organic vegetables, fruit and food products account for less than 2 per cent of total food sales, even three...
More »Joining the dots -Rahul Tripathi
-The Indian Express A series of arrests has helped investigators establish the links between some of the most high-profile terror cases involving Hindu extremists—from Malegaon 2006 to Modasa 2008. RAHUL TRIPATHI looks at what the investigators have found so far—and what they haven’t One cold December morning, Rambalak Dash left his ashram in Chitrakoot on the UP-MP border for a puja he had been called upon to do at a house in...
More »Five journalists killed in India in 2012
-The Times of India If you think that journalism is a glamorous profession, here's a reality check. Five journalists were killed and 38 assaulted, harassed or threatened across the country in 2012, says the annual report on free speech violations by Free Speech Hub of the media watch website, Hoot.org. Journalist Chandrika Rai, his wife and their two teenage children were murdered at their residence in Madhya Pradesh's Umaria distict in February....
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