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RBI probes Cobrapost report, reveals violations by banks: sources

-CNN-IBN New Delhi: The Reserve Bank of India is probing the Cobrapost sting operation on alleged money laundering by top banks. The RBI report has revealed major irregularities in top banks. The report shows string of violations on several counts. Sources say the RBI report reveals dummy PANs, unknown NRO IDs, unauthorised gold sale, rampant non-compliance of KYC norms and irregular staff trips. Sources say the RBI probe into ICICI Bank reveals cash...

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The sunshine State-Darshan Desai

-The Hindu Launched towards the end of 2010, the Rs. 9,000-crore Gujarat Solar Park, set up on government wasteland in north Gujarat, has already been producing 214 MW from the sun, making it the first State to generate such capacity at a single location. And when expanded to 5,000 acres from the present 2,669 acres, the Charanka Park, located at a village of Patan district, will generate 500 MW. This will make...

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From Rags to Penury-Ranjit Devraj

-IPS News India's planners worry about ‘jobless growth', but perhaps nothing illustrates this phenomenon better than a policy of handing over the collection and disposal of the capital's refuse to large private corporations, leaving close to 50,000 ragpickers unemployed. For decades ragpickers provided a service to this city, scavenging waste for recyclable plastic, aluminium, glass and other materials, and earning a livelihood by selling their pickings to contractors with equipment to process...

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Jharkhand fails disability test -Ananya Sengupta

-The Telegraph Bihar and Jharkhand are among eight states that are holding up moves to update national legislation on rights of people with disabilities, prompting an angry Union minister to slap them with an April 12 deadline for sending feedback on the draft bill. Minister for social justice and empowerment Kumari Selja has, therefore, written to the Governor of Jharkhand, Syed Ahmed - it is under President's Rule and chief ministers of...

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Rotten agents spoil the Kashmir apple barrel-Ahmed Ali Fayyaz

-The Hindu A NABARD survey says middlemen funded by banks have kept growers captive to high-interest loans Jammu: Kashmir's acres of undulating apple orchards may soon be waste lands, a survey by the National Bank for Agriculture and Rural Development (NABARD) accessed by The Hindu shows. The Rs. 4,000-crore industry has been brought to its knees by a network of middle-order market functionaries comprising pre-harvest contractors (PHCs), commission agents (CAs) and wholesalers...

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