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Low rainfall may affect bank non-performing assets

-Livemint.com/ India Ratings Report by India Ratings & Research Non-performing loan ratio of agriculture loan portfolio could double for some banks The asset quality of India’s agricultural credit could be significantly affected by crop damage due to untimely hail and rain in March, according to India Ratings and Research. The non-performing loan (NPL) ratio of the agriculture loan portfolio could double for some banks, though the reduction of overall return on average assets...

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After Nepal quake, India may be next: Experts -Trina Joshi

-IANS In the wake of the strong 7.9 magnitude earthquake that killed over a 1,500 people in Nepal and left a swathe of devastation in the northern Himalayas on Saturday, experts said a temblor of equal intensity is "overdue in northern India." "An earthquake of the same magnitude is overdue. That may happen either today or 50 years from now... in the region of the Kashmir, Himachal, Punjab and Uttrakhand Himalyas. Seismic...

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With 20,000 complaints a yr, UP tops ‘human rights violations’-Deeptiman Tiwary

-The Times of India NEW DELHI: Andhra Pradesh and Telangana police may be facing charges of human rights violations after alleged fake encounters recently, but it's UP against whose police maximum complaints are filed with the National Human Rights Commission (NHRC). While Andhra and Telangana face close to 200 complaints against their police every year, for UP it is over 20,000. Next on the list are Haryana and Delhi which receive 2,000-2,800...

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The foreign donors on govt’s watch list

-The Indian Express From Greenpeace to a Danish government wing to church-backed NGOs, the government has put 14 foreign donors in the “prior approval” category; any transaction they make through Indian banks will need Home Ministry clearance. Among the allegations against them is that they were funding anti-India activities and clandestinely routing money to Greenpeace India. DENMARK DANIDA: Danish International Development Agency, the humanitarian aid wing of Denmark’s foreign ministry. Dan Church Aid: Funded...

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Monsoon calling -Vinson Kurian

-The Hindu Business Line The recent devastation of crops shows that the Indian economy continues to be a ‘gamble’ on the rain. But can India Meteorological Department’s new model make it predictable? Moisture wrecks a farmer's life. Since February this year, lakhs of farmers across 14 states were left with damaged crops. Unseasonal rains destroyed crops on 11 million hectares spread over Rajasthan, Uttar Pradesh, Haryana, Madhya Pradesh, Maharashtra and Punjab....

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