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Fuel prices needn’t rise -Aunindyo Chakravarty

-The Tribune The govt must fix the maximum profit margin a refinery is allowed to make FUEL prices have been rising almost daily for more than a week now. The bumps are small, 80 paise at a time. The petrol price hike philosophy appears to have been informed by a standard marketing ploy. Keep the number below a round figure and it will look less than it really is: Just as Rs...

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Three years after plastic waste ban, Environment Ministry allows imported PET bottles for processsing -Jacob Koshy

-The Hindu Decision was taken after representations from industries which process waste that there was too little waste for them After banning the import of plastic waste in 2019, the Environment Ministry has permitted PET Bottles, as plastic waste, to be imported for processing. The decision to rollback the ban was taken last year after representations by several industries in the business of processing waste said there was too little waste available...

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COVID orphaned 10,600, says NCPCR -Krishnadas Rajagopal

-The Hindu Child Rights Commission tells SC that 1.47 lakh children lost a parent during the pandemic The Supreme Court is worried for children, some as young as six year old, whose parents suddenly died of COVID-19, leaving behind unpaid debts, mortgages, loans and insurance premiums. The National Commission for Protection of Child Rights (NCPCR) has so far identified 1,47,773 children who have lost one parent and another 10,600 who have become orphans...

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Pay Rs.1.36 Lakh Crore For Mining In Jharkhand: Hemant Soren To Centre -Manish Kumar

-NDTV.com A large portion of coal mining in mineral-rich Jharkhand is done by a subsidiary of Coal India Ltd, or CIL, Jharkhand Chief Minister Hemant Soren said New Delhi: Jharkhand Chief Minister Hemant Soren has asked the centre to clear what he claims is a ₹ 1.36 lakh crore due for mining by government firms. He had raised this issue in the state assembly too. In a tweet, Mr Soren said he has...

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RBI lifts interest cap on microfinance institutions, bans usurious rates

-Business Standard Borrower cannot be charged any amount not been explicitly mentioned in a factsheet, says regulator. The Reserve Bank of India (RBI) on Monday released its final guidelines for microfinance loans, lifting an interest cap and allowing Companies to have a board-approved policy to price for such lending. The RBI will continue checking that microfinance institutions do not charge usurious rates. The regulator said each entity has to disclose pricing related information...

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