-The Asian Age Reserve Bank deputy governor K.C. Chakraborty has finally set the record straight on what is well known in left-wing development circles: that Corporate India's loans waived by banks are more (over Rs. 1 lakh crore in the past 13 years) than farm loans to the tune of Rs. 60,000 crores written off under the Debt Waiver and Debt Relief Scheme. More revealing is that medium and large units have...

-The Economic Times NEW DELHI: CBI director Ranjit Sinha has said infrastructure building through the public-private partnership model could lead to a spike in corruption cases as the potentially lucrative contracts may encourage collusion between big firms and state officials. "This route is full of pitfalls and it has opportunities for corrupt activities with big scope for collusion among promoters of consortiums to whom such projects are awarded and corrupt public servants...

-The Hindu Bangalore: In a major shift in its lending practice, the National Bank for Agriculture and Rural Development (NABARD) has opened a lending window to the corporate sector for construction of warehouses and creation of cold storages and cold chains. NABARD had only been granting soft loans to State governments for social sector projects. Speaking to The Hindu on Monday, G.R. Chintala, Chief General Manager (CGM), Regional Office, Bangalore, said it was...

-The Hindu Gram sabha at Taraimarh adjourned due to lack of quorum as villagers stay away Taraimarh (Chhattisgarh): On a wet and windy Saturday evening nearly 350 km north of the State capital, Raipur, a non-descript village registered a historic victory against Bharat Alumunium Company Ltd (Balco), an affiliate of India focused global miner, Vedanta. While the Dongria Kondhs turned up in large numbers at the gram sabha to emphatically reject Vedanta's...

-Outlook Transparency promotes democracy, more the reason for political parties to come under RTI Act's purview There was great public outrage when legislators in Mumbai beat up an assistant police inspector because he stopped an MLA's car for speeding on the Bandra-Worli sealink. The sentiment was: What arrogance! How can lawmakers have so little respect for the laws they themselves made? How­ever, the amendment in Parliament aimed at removing political parties...