-PTI/ IndiaToday.in 'Other amounts due to customers' from India rose over six times Overall, customer deposits in all Swiss banks rose in 2020 to nearly CHF (Swiss franc) 2 trillion Swiss authorities maintain that assets held by Indians in Switzerland cannot be considered as 'black money' New delhi/ Zurich: Funds parked by Indian individuals and firms in Swiss banks, including through India-based branches and other financial institutions, jumped to 2.55 billion Swiss francs (over...
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Why the Haryana Govt Must Not Evict One Lakh Residents of Khori Gaon -Manju Menon and Ishita Chatterjee
-TheWire.in It is very important that a full plan is created to address this crisis while keeping twin objectives of forest conservation and social housing at its centre. On June 7, Supreme Court reiterated its order of February and April 2020 to evict the Khori Gaon basti on the delhi-Haryana border, falling within the Faridabad Municipal Corporation (FMC) jurisdiction. The eviction orders are premised on a set of cases heard in the...
More »Needed: full disclosure on electoral bonds -Rakesh Dubbudu and Inayat Sabhikhi
-The Hindu The Supreme Court’s suggestion to ‘match the following’ on political donations is impractical and incorrect In 2014, the delhi High Court held that both the Congress and the Bharatiya Janata Party (BJP) were guilty of illegally accepting donations from two companies registered in India but whose controlling shareholder was Vedanta, a foreign company. The court held that this was in contravention of the Foreign Contribution (Regulation) Act (FCRA), 1976, as...
More »92% of workers stopped receiving payment from employers: Report
-The Hindu SWAN, which relaunched its helpline in April, releases findings based on over 8,000 callers Bengaluru: Migrant workers, one of the more vulnerable groups left in lurch during the national lockdown called by the Centre last year, are facing another crisis during the second wave of COVID-19. This time around, the problem is compounded by a lack of savings, which they used up last year. Around 92% of the country’s workforce who...
More »Why edible oil prices are on fire -Shubham Shankhdhar
-IndiaToday.in India’s edible oil demand far exceeds domestic production. At least 60 per cent is met through imports, and global prices are soaring. Is there a way out? These days, aside from the coronavirus, Ajay Kumar a 40-year-old a resident of Tagore Garden in West delhi, finds himself worrying about inflation. He says his monthly spending on essentials like vegetable oils has been steadily rising—a litre of mustard oil now costs him...
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