-The New Indian Express The financial distress in the rural sector, especially borne by the farmers and reflected in farmer suicides, is a matter of concern for the nation. The rural economy housing nearly two-thirds of the population is vital for the development of the nation as it not only supplies food for consumption but also provides a market for industrial output. The rural people, due to lack of awareness of...
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Govt's indiscriminate crackdown on NGOs will affect the 'marginalised' -Samar Halarnkar
-Hindustan Times They are called cafeteria sessions. At lunch time, Greenpeace fund-raisers wander among hundreds, sometimes thousands, of young men and women packing the cafeterias of Indian companies. It’s not a good idea to name these companies. Greenpeace’s activities include forest preservation, renewable-energy Promotion and fighting on behalf of local communities. These appear to be popular causes among young professionals. Donations of Rs 300 to Rs 500 constitute about 80% of...
More »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...
More »Tamil Nadu cancels permission for Coca-Cola's Perundurai plant -TE Narasimhan & Gireesh Babu
-Business Standard Says company failed to start construction in stipulated 6 months; company blames state for delay in approvals Chennai: Beverage company Coca-Cola has decided to withdraw its Rs 500-crore investment in Tamil Nadu and has asked the state government to refund money already pumped into the project. The development comes 31 days before the Tamil Nadu Global Investors’ Meet. A state government official said it was decided to cancel the land allotted to...
More »'Number of women tobacco users rising' -Sushmi Dey
-The Times of India NEW DELHI: The number of women consuming tobacco products has doubled over 15 years, according to a report by the Public Health Foundation of India (PHFI). While only 10% of women consumed tobacco products during the mid- and late-1990s, the number has increased to 20% in recent years, the report said. Tobacco consumption among men has remained in the range of 45-57% between 1995-96 and 2009-10. The increase in...
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