-The Hindu On the tenth anniversary of the historic passage of the Forest Rights Act, tribal resistance to defend their rights is growing even as government after government tries to dilute its provisions On this day 10 years ago the historic Scheduled Tribes and Other Traditional Forest Dwellers (Recognition of Forest Rights) Act was passed in the Lok Sabha. Its conception and passage was the result of the decades of struggles and...
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Digital push problem: 9 of 10 cards used at ATMs, not for purchases -Sunny Verma
-The Indian Express Reserve Bank of India Data for October 2016 put the number of debit cards in the country at 94.2 crore. New Delhi: The Centre’s digital push stares at a debit card usage problem: nine of ten cards are used solely for cash withdrawals at ATMs. Reserve Bank of India Data for October 2016 put the number of debit cards in the country at 94.2 crore. People used debit cards for...
More »Rs 1 lakh crore: fall in bank credit growth in fortnight after Nov 8 -George Mathew
-The Indian Express Banks are now caught in a dilemma even as they stare at a decline in loan growth — considering the surge in deposits since November 9. Mumbai: Struggling to cope with bad loans and the aftermath of the demonetisation decision, Indian banks have taken a hit on lending. Loan growth plunged by Rs 1 lakh crore in the fortnight that ended November 25, according to estimates. According to...
More »Your neighbourhood ATM may turn into a hacker's paradise -Shelley Singh
-The Economic Times NEW DELHI: The next time you queue up at the ATM for cash—an experience that has become increasingly onerous since demonetisation— it’s not just the long wait that should worry you. There’s a high probability the cash dispenser runs on software Microsoft stopped supporting more than two years back, thus making it vulnerable to hackers. Card details could be stolen—as they indeed were earlier this year--even as you...
More »Blame crop burning for fog: IIT study -Mallica Joshi
-The Indian Express A report on air quality, released during the conference, said Varanasi and Allahabad have not seen a single ‘good’ air quality day in the past one year. Varanasi: Burning agricultural residue doesn’t just bring down air quality, but also leads to longer spells of dense fog, scientists at the Indian Institute of Technology, Kanpur have concluded. While the concentration of oxidised organic carbon that is produced after burning biomass —...
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