-The New Indian Express Something remarkable happened when the farmers came marching to Mumbai recently. Instead of greeting them with hostility, Mumbaikars welcomed them with affection, food and water. This change in attitude was triggered by the farmers’ extraordinary discipline and their efforts to ensure minimal disruption to the Mumbaikars’ routines. Even hard-boiled journalists acknowledged, for a brief moment, urbanites had realised our farmers and adivasis were indeed facing difficult times. The...
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PMO for ordinance to counter court ruling on SC/ST -Rakesh Mohan Chaturvedi
-The Economic Times NEW DELHI: After a successful Bharat Bandh against the Supreme Court judgement on the SC/ST Act, the government is worried about losing the perception battle to rival political parties on being pro-Dalit. While the suggestion for issuing an Ordinance-if needed to counter an adverse SC verdict on the review petitioncame from the Prime Minister’s Office, some cabinet ministers are of the view that issues like reservation in promotion and...
More »'Lender can't seize vehicle without prior notice' -Dipak K Dash
-The Times of India NEW DELHI: A finance company cannot forcibly take possession of a vehicle for non-payment of dues without sending a notice to the borrower, country's apex consumer commission has said. The National consumer Disputes Redressal Commission (NCRDC) on Friday ordered a private finance company to pay Rs 80,000 to the borrower whose tractor was seized by the company in January, 2011 for alleged non-payment of dues. Directing Shriram Transport Finance...
More »Banks are billing for your SMS alerts against RBI advisory -Atmadip Ray
-The Economic Times KOLKATA: Charges for SMS alerts on banking transactions may not squeeze account holders much but can be a reasonable earning for many banks, especially in accounts with meagre monthly transactions though income from SMS alert service goes against the advisory from the sector regulator. While Reserve Bank of India told banks to send SMS alerts for every transaction as means to fight frauds, the regulator also directed banks to...
More »Monsoon forecast lifts up mood: As agri shines, will it rain returns for these stocks?
-The Financial Express After private weather forecaster Skymet on Wednesday predicted normal monsoons In India, research firm HSBC says that it will provide a boost to the agricultural sector. Interestingly, Skymet has forecast a a 20% chance of above normal monsoon, and a 5% probability of excess rain in 2018-19. HSBC notes that the agriculture sector is slated to benefit from it, as 70% of the total rainfall is attributable to...
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