-The Hindu Banks continue denying loans to low-income groups, insisting on sticking to a standard EMI route even though they are dealing with a complex social issue. In July 2012, Pradeep Kumar, a 36-year-old resident of Ladpur, a shanty town that sits on the north-western periphery of Delhi, applied for an employment loan at the magistrate’s office in Kanjawala district. Under the Pradhan Mantri Rozgar Yojana or PMRY — a funding policy...

-Business Standard This could help bypass central legislation and break the land Bill deadlock Ten big states, most of those ruled by the Bharatiya Janata Party (BJP) and its alliance partners, on Wednesday sought to unshackle themselves from the logjam over amendments to the contentious land acquisition Bill, 2013, by proposing to bring their own laws for boosting infrastructure development. At a NITI Aayog meeting to discuss the land Bill (the Right to...

-Business Standard Export to Iran might hit a record high Lifting of global economic sanctions on Iran could, it is hoped in the trade, enable a new record for basmati rice export to that country from here in 2015-16. Iran is also expected to cut import duty on Indian basmati from 40 per cent now to 20 per cent from the new season, starting October. Our basmati export was a record 1.44 million...

-Hindustan Times With the key Land Acquisition bill stalled by political differences with the Opposition, the Centre may change tack and get states to enact their own land legislation, enabling it to push along the economic reform process.   Finance minister Arun Jaitley said on Wednesday that the states that wanted speedy development could take the lead in framing such laws with the Centre's backing, while Prime Minister Narendra Modi said “political considerations”...

-Deccan Herald Those who sipped a cup of Yashoda’s home-brewed tea have never been unimpressed. The special tea is prepared using locally available herbs and aromatic leaves. Yashoda and her husband Chandraprakash of Biligerepalya village in Tiptur taluk of Tumakuru district are well-known for their innovative activities that include value addition of agricultural produces. Until 2008, the couple were into chemical farming, much like everyone else around them. At a time when they were grappling...