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Nitish Kumar proposes 50% reservation for women in cooperative societies -Ashok K Mishra

-The Economic Times PATNA: Reserving 33% seats for women in Parliament and state legislatures may remain a dream for Congress president Sonia Gandhi but chief minister Nitish Kumar has not only done that in panchayat bodies of Bihar but is set to take the concept to other areas. Women's support for JD(U) had swelled in elections following the reservations, as the fair sex exhibited approval for the progressive legislation. Encouraged by 'lady...

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Kisan Credit Cards: Bad loan bubble waiting to burst?-Dinesh Unnikrishnan

-Live Mint Subsidized loans given to farmers through KCCs could very well be the next big source of NPAs for banks Mumbai: A surge in exposure to farm debt through Kisan Credit Cards (KCCs) could emerge as a risk for India's state-run banks, according to experts. Subsidized loans are given to farmers through KCCs by state-owned banks. Until March 2012, the outstanding amount on such loans was`1.6 trillion through 20.3 million cards, as...

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CAG indicts Narendra Modi govt for "undue" favours to corporates

-PTI GANDHINAGAR: The Comptroller and Auditor General of India (CAG) has come down heavily on the Gujarat government and state Public Sector Undertakings for causing a loss of nearly Rs 580 crore to the exchequer by bestowing "undue" favours to large corporate entities. The major industrial houses to whom the Narendra Modi government played the benefactor included Reliance Industries Ltd (RIL), Essar Steel and Adani Power Ltd (APL), the report for year...

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Strangers turn saviours for this Lucknow baby

-The Times of India LUCKNOW: As a weaver at a small zardozi unit in Sheesh Mahal area, Aftab Husain barely managed to make Rs 100 per day. Already struggling to make ends meet, Husain got the shock of his life when doctors at King George Medical College, Lucknow, found that his newborn daughter was suffering from total anomalous pulmonary venous connection (TAPVC), a rare congenital heart ailment often referred to as...

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Adani Power lifeline may set precedent -Utpal Bhaskar and Maulik Pathak

-Live Mint CERC calls for a variable ‘compensatory tariff' to be offered to Adani Power till fuel situation stabilizes In an unprecedented move, India's apex power sector regulator offered a bailout package to Adani Power Ltd in a late Tuesday order to offset losses on account of the unexpected increase in the prices of imported coal and the unavailability of domestic coal for the company's 4,620 megawatts (MW) thermal power project at...

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