-The Indian Express Kerala is among the few states that allows a liberal interpretation of the law on kidney donations from those who are not related to the recipient. New Delhi: “You are the light in the darkest moment of my life,” said Paul. “We follow the religion of humanity, we are brothers,” replied John. These were the first words they exchanged when they met for the first time three months ago. When Sakhi...

-The Indian Express Credit, payment in old notes from grain commission agents ensures normal rabi planting operations. Jalandhar: Punjab farmers have so far got only about Rs 19,350 crore, out of the Rs 24,915 crore that was due for the 16.50 million tonnes paddy they had supplied to government agencies in the recent kharif procurement season at the minimum support price (MSP) of Rs 1,510 per quintal. But even with pending payments of...

-The Economic Times One month after demonetisation, the Supreme Court is hearing several public interest petitions challenging the constitutional validity of the “demonetisation notification”, which declared that Rs 500 and Rs 1,000 notes would no longer be legal tender post midnight on November 8, 2016. The preamble to the notification stated that its objective was to eliminate fake currency used for financing terrorism and to address the problem of “unaccounted money” in...

-Business Standard Say old Rs 500 and Rs 1,000 notes coming back to banking channels in much higher proportion than expected New Delhi: Burdened by the deluge of suspected black money cases after demonetisation of high denomination currency, two staff associations of income tax (I-T) department have in a recent letter to Prime Minister Narendra Modi said they are reaching the breaking point. "Personnel and infrastructure are severely short," the Income Tax Employees...

-Business Standard The year-on-year growth in credit was just 6.6%, down from 9.3% a year ago Mumbai: Showing effect of demonetisation, bank credit in India shrunk by Rs 61, 000 crore (0.8% in fifteen days ended November 25, 2016) on the demand destruction. In contrast, banks are trying to cope with the huge inflow of money as people deposited Rs 4,03,000 crore during the same period. The outstanding credit of banking system in...