-Scroll.in The Insolvency and Banking Code was brought in as a law in May 2016 to resolve cases of unpaid debts by companies. It allows creditors to initiate insolvency proceedings against defaulting companies so as to recover their money. The code was thought necessary because existing systems of dealing with insolvent companies had failed to deliver, with cases dragging on for years without result. The code sets up an Insolvency and Bankruptcy...

-National Herald Contrary to what PM Narendra Modi and his colleagues claim that the nation supported demonetisation, a new study has found that only 20% were in favour of the move or confused. The rest against it That demonetisation has been a disaster has been acknowledged by all, except by those walk through the corridors of power. But, now there is an additional set of statistics to back the sensible thought. According...

-PTI New Delhi: Tomato prices have risen to around Rs. 100 per kg in the national capital market as supplies from major producing states have been disrupted because of heavy rains. Mother Dairy is selling tomatoes at Rs. 96 per kg here through its 300 retail stores ‘Safal’, while online grocery platforms like Big Basket and Grofers are offering this key vegetable at nearly Rs. 100 per kg. Local Vendors are selling tomatoes...

-The Times of India About a quarter of India's labour force, some 11 crore people, work in non-farm enterprises that can broadly be described as the unorganised sector. Of these 6.3 crore enterprises, none are covered under the Companies Act or Factories Act. In fact, more than two thirds are unregistered. These are not some fly by night Vendors — 82% operate from homes or permanent structures outside homes, 98% are open...

-The Indian Express It also asked the board to ensure that a circular issued by it, dated April 19, 2017— directing affiliated school not to indulge in commercial activities like selling of books, uniforms, school bags and stationary — is strictly complied with. THE DELHI High Court Tuesday directed the Central Board of Secondary Education (CBSE) to make sure that schools do not carry out “commercial activities” on campus.  It also asked...