Just before Dhanteras and Diwali this year, the Reserve Bank of India (RBI) released the November edition of its monthly bulletin. The latest RBI Monthly Bulletin says that the GDP has contracted by -8.6 percent in the second quarter of fiscal year 2020-21 (i.e. July-September, 2020) as compared to the gross domestic product (GDP) during the corresponding period last year. It may be noted that India’s GDP shrunk by -23.9...
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Supreme Court’s Selective Approach Will Not Prevent the 'Path of Destruction' -Fahad Hasin
-TheWire.in The Supreme Court order on Arnab Goswami does nothing if the same concern is not extended in the case of hundreds of citizens who have been jaiLED under various politically motivated cases. The Supreme Court’s decision to grant interim bail to Republic TV’s Arnab Goswami has LED to sharp reactions. Among people who identify themselves as liberals, there are three broad strands of thinking. First, there are those who feel that...
More »Is the rural economy driving India’s recovery? -Richard Mahapatra
-Down to Earth Government spending has LED to demand growth in rural areas; but what if it comes down? Rural India has emerged as the saviour of the shattered Indian economy. From Ratan Tata to the governor of the Reserve Bank of India, everybody is betting on the consumption demand growth in rural areas to boost the novel coronavirus disease (COVID-19) pandemic-stricken economy. There is a lot of talk on the ‘green shoots’...
More »Dhanbad cracks down: FIRs fiLED against 105, report says should probe phone records -Abhishek Angad
-The Indian Express The report, prepared by a probe team LED by the Additional District Magistrate (Law and Order), calls for further investigation of Call Detail Records (CDRs) of key suspects and their connections. Ranchi: Moving in to probe the scholarship scam, the district administration of Dhanbad in Jharkhand has fiLED FIRs against 105 people, including middlemen and local officials, based on the findings of an investigation by The Indian Express into...
More »NDA won in Bihar by reminding people of ‘Jungle Raj’. But data shows it’s a myth -Rakesh Chandra
-ThePrint.in No matter what Nitish Kumar or BJP says, analysis of crime data of Bihar reveals the truth about Lalu Prasad-era ‘Jungle Raj’. The Narendra Modi-LED National Democratic Alliance, armed with its electoral catchphrase, “Jungle Raj ka Yuvraj”, hit the opposition LED by Tejashwi Yadav where it hurts the most. The Bihar election results hint that the narratives of the ‘Jungle Raj’ succeeded in forcing people to recall the politics and governance...
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