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Asset quality, less credit to rural areas a concern: RBI

-The Economic Times   The Reserve Bank today expressed concern over asset quality of banks and lower credit flow to rural areas, despite the fact that performance of Indian banks improved during the 2010-11 period.  In its report titled 'Trend and Progress of Banking in India 2010-2011', RBI said that the Indian banking sector demonstrated continued revival from the peripheral spill over effects of the recent global financial turmoil in 2010-11, but despite...

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She uses pen to fight for Dalits’ rights

-DNA   Faustina Mary Fatima Rani, better known as Bama, never wanted to become a writer. But she found solace and a friend in a pen after witnessing the marginalisation of Dalits in society. Already rejected and humiliated, the behaviour of upper castes towards Dalits in her a strong desire to work for the betterment of her community. As the second edition of her book - Kurukku -- was launched at the National Colloquium...

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‘Massive’ collections in Swiss black money probe by Ritu Sarin

Investigations say they have already mopped up a “massive amount” — running into “hundreds of crores” — as unpaid taxes from among the 700 numbered bank accounts held by Indians in HSBC Bank in Geneva in the ongoing scrutiny of what is considered a sprawling black money trail. In fact, Rs 40 crore has been recovered from Delhi-based account holders and Rs 60 crore from just one account holder in Chennai...

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‘Justice Katju has only reiterated views (on regulating media) that were there before’ by Archna Shukla

In this Idea Exchange moderated by Senior Editor Archna Shukla, I&B minister Ambika Soni speaks about self-regulation by the media, empowering the Press Council of India and the Congress party’s stand on corruption Archna Shukla: There is a growing perception that the government is unhappy with media criticism. The editor of a leading English daily publicly claimed that government advertisements have been stopped to his publication. Is the government being vindictive? I have...

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Wajahat Habibullah, chairperson, National Commission for Minorities interviewed by Kavita Chowdhury

Wajahat Habibullah, chairperson, National Commission for Minorities, speaks to Kavita Chowdhury on reservation for Muslims, the RTI Act and the controversy over withdrawal of AFSPA in Kashmir. You had recently visited Rajasthan. In Bharatpur district’s Gopalgarh village, some members of the minority community, Mev Muslims, were killed and the state administration was accused of mishandling the matter. What is your view? A communal riot is an unpardonable crime. The state government has taken...

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