-The Economic Times Finance Minister P Chidambaram has warned corporate bigwigs against wilful defaults, reminding promoters that it was their duty to bring in additional capital if their companies got into trouble. "We cannot have an affluent promoter and a sick company," he said, in an apparent reference to the collapse of Kingfisher Airlines, owned by the flamboyant Vijay Mallya. Banks are stuck with nearly Rs 7,000 crore worth of loans they...

-The Hindu The demand for contraception is projected to grow worldwide from 900 million in 2010 to 962 million in 2015 because of an increased desire for modern family planning methods. Increased Investment in family planning will be required to meet the needs of the 233 million women projected to have an unmet need for modern contraceptive methods by 2015, a new survey has suggested. Over 60 per cent of married women in...

-Live Mint Experts say private banks achieve lending obligations by buying out loans from non-banking entities Most private banks in India have not been able to meet the needs of farmers although they are expanding their rural and semi-urban branch network. This is why the Reserve Bank of India (RBI) is insisting that at least one-fourth of the branches of the new banks that will be given a licence must be located...

-The Guardian Negotiations end with agreement on ending violence against women at the Commission on the Status of Women, but civil society groups express concerns UN officials and activists expressed relief and delight over news that an agreement had been reached at this year's Commission on the Status of Women (CSW). Greeted with cheers, the agreed outcome document of the 57th CSW, which was announced on Friday evening, was hailed as an "important...

-PTI ICICI Bank on Friday suspended 18 employees pending investigation, sources in the bank said, a day after an independent journalist accused it and two other private banks of money-laundering practices. The suspension is pending the bank’s investigation into money laundering charges, sources in ICICI told PTI. The probe is expected to be completed in two weeks. Country’s three largest private banks, including the ICICI Bank, were on Thursday accused of indulging in...