-The Economic Times BENGALURU: The state pollution authority has warned action against industrial units in Peenya after a four-year study by scientists traced the source of contamination in the Vrishabhavathi river to the effluents discharged by them. The contamination is also getting into the food chain as the water containing heavy metals is used by farmers to grow vegetables, notably baby corn. Scientists from the Ashoka Trust for Research in Ecology and the...

-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...

-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...

-Business Standard The year-on-year growth in credit was just 6.6%, down from 9.3% a year ago Mumbai: Showing effect of demonetisation, bank credit in India shrunk by Rs 61, 000 crore (0.8% in fifteen days ended November 25, 2016) on the demand destruction. In contrast, banks are trying to cope with the huge inflow of money as people deposited Rs 4,03,000 crore during the same period. The outstanding credit of banking system in...

-The Hindu People migrating due to environmental disasters should be accorded ‘refugee’ status in international law An increasing number of people globally are facing displacement due to droughts, famines, rising sea levels and other natural disasters caused by climate change. This class of migrants has been labelled as ‘environmental refugees’ in popular literature. According to the Internal Displacement Monitoring Centre, an international body reviewing trends of internal displacement, an estimated 24 million...