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Demonetisation: Rs 14 lakh crore cash value out, only 1.5 lakh crore in, says report -Pranav Mukul & Aanchal Magazine

-The Indian Express It could be “several months” before RBI is able to plug the Rs 14.18 lakh crore hole left behind by the withdrawal of the 2,203 crore pieces of Rs 500 and Rs 1,000 notes, as per the estimates. New Delhi: As the country struggles to cope with a desperate shortage of currency, new notes worth only Rs 1.5 lakh crore have come into circulation so far, says a November...

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Supreme Court hauls up government for not appointing Lokpal

-PTI Shanti Bhushan appeared for the the petitioner NGO Common Cause that has challenged the Rules for setting up the Lokpal Search Committee. The Supreme Court on Wednesday expressed its disappointment over the Centre for not appointing Lokpal despite Parliament enacting a law in this regard in January 2014. While the Centre said that the amendment bill is pending in Parliament to include the leader of largest opposition party, a bench headed...

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SC refuses to stay demonetisation proceedings in other courts -Krishnadas Rajagopal

-The Hindu The Supreme Court on Wednesday has refused to stay proceedings in cases filed in other High Courts and lower courts against the demonetisation of Rs. 500 and Rs. 1000 notes. A bench led by Chief Justice of India TS Thakur said the petitions in the various courts highlight "the different inconveniences highlighted in the various cases filed across the country, maybe some relief can be had by these people". Earlier, the...

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HCs sat on judicial vacancies for years together: Centre to SC -Krishnadas Rajagopal

-The Hindu At the outset, he said "there is progress in the appointments and have the (hearing of the) matter after two weeks. We will see more progress." “The process of judicial appointments is like a race. If you start on time, you end on time. The High Courts have, by and large, delayed starting the race. The delay on the High Courts’ part is not just a case of months, but...

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NHRC seeks more teeth, clashes with Centre, gets SC's support -Dhananjay Mahapatra

-The Times of India NEW DELHI: The Centre and National Human Rights Commission clashed in the Supreme Court on Wednesday over the panel's plea to make its recommendations in human rights violations cases, including those by the armed forces, binding on the Centre and state governments. "Unless the recommendations of the human rights panel are given binding status, the whole exercise of conducting an inquiry or investigation by a body like NHRC...

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