-The Hindu Far from pushing for social and economic equality, the state is fanning systems and principles to strengthen the divide The latest edition of the World Inequality Report (https://bit.ly/3Fx8vv4 and https://bit.ly/3EvazlY) has confirmed that the world continues to sprint down the path of inequality. “Global multimillionaires have captured a disproportionate share of global wealth growth over the past several decades: the top 1% took 38% of all additional wealth accumulated since...
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Accounting regulator raps ‘EY arm’s’ audit of IL&FS firm
-The Hindu 'Understatement of losses runs up to more than ₹2,000 crore’ The National Financial Reporting Authority (NFRA) has rapped ‘EY group firm’ SRBC & Co. LLP for failing to detect several problems in the IL&FS group’s transport venture while undertaking its statutory audit in 2017-18. The auditor’s lapses had led to losses being understated by more than ₹2,000 crore, incorrect treatment of letters of comfort of ₹2,654 crore and improper valuation of...
More »Retail inflation eased to 5.6% in July
-The Hindu Industrial output growth halves from 28.6% in May to 13.6% in June Retail inflation cooled slightly to 5.6% in July, slipping below the central bank’s upper tolerance threshold of 6% for the first time in three months, even as industrial output growth halved from 28.6% in May to 13.6% in June, as base effects from the national lockdown of 2020 begin to fade. Food prices at the consumer level played a...
More »Hacking India’s Democracy – From Monitoring Metadata to Spying Real Time -CP Geevan
-KafilaOnline Blog On June 18 (Sunday evening in India), freedom-loving people across the world were shocked by the revelations of how a highly sophisticated and expensive digital technology, named Pegasus, a spyware sold by Israeli company NSO Group, has been systematically abused for years to spy on journalists, human rights defenders, academics, businesspeople, lawyers, doctors, union leaders, diplomats, politicians and even several heads of states. Regimes in several countries continue to...
More »In 2019, IT House panel unsuccessfully tried to probe Pegasus breach -Sobhana K Nair
-The Hindu IT Ministry officials told panel that 121 people affected by Pegasus spyware, sources said In 2019, during a probe by the Standing Committee on Information Technology headed by Congress leader Shashi Tharoor, officials of the Ministry of Electronics and Information Technology (MEITy), according to sources, told the panel that 121 people were affected by the Pegasus spyware. The Kudankulam nuclear plant too had reported a cyber breach. The officials from the...
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