-The Indian Express This is perhaps the FIRst time the apex court has stayed a law passed by Parliament without sparing even a single hearing to examine its constitutionality — the court’s primary function. With its interim order staying the implementation of the three new farm laws, the Supreme Court has entered into uncharted territory. This is perhaps the FIRst time the apex court has stayed a law passed by Parliament without...
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As ‘Trolley Times’ Captures Imaginations, Punjab Remembers Historic Newspapers of Protest -Kusum Arora
-TheWire.in From 1907’s struggle against British land revenue rates, to 202-21’s agitation against the new farm laws, at least five newspapers were launched to provide platforms for those fighting for their rights. Jalandhar: Nearly a century ago, when desperate farmers and labourers in Punjab agitated for their rights in British-ruled India, they found a platform in a newspaper called Kirti (Labourer). This newspaper not only led to the formation of the Kirti...
More »Bad loans may hit 22-year high by Sept, RBI stress tests show -Shayan Ghosh and Gopika Gopakumar
-Livemint.com The gross bad loan ratio of banks which stood at 7.5% as of 30 September, could almost double to 14.8% under a severe stress scenario, RBI warns Indian banks’ bad loan ratio could rise to 13.5% under the baseline stress scenario by September, the highest in more than 22 years, posing a risk to the broader economy, the Reserve Bank of India (RBI) said. The gross bad loan ratio of banks which...
More »RBI Warns Gross NPAs of Banks May Escalate to 14.8% in September in Absence of Adequate Capital
-Moneylife.in While highlighting the need for proactive building up of adequate capital for banks to withstand possible asset quality deterioration, the Reserve Bank of India (RBI) has warned that the gross non-performing assets (GNPAs) of scheduled commercial banks (SCBs) may escalate to 14.8% under a severe stress scenario. In its financial stability report (FSR), the central bank says, "Macro stress tests incorporating the FIRst advance estimates of gross domestic product (GDP) for...
More »Acute malnutrition worsened among children: NFHS-5 -Ritankar Chakraborty, Devikrishna NB, Alka Chauhan and Nand Lal Mishra
-Down to Earth Stunting among children below five did not improve at all; child obesity increased across several states Chronic malnutrition or stunting among children below five years did not improve at all while acute undernourishment or wasting worsened in the last half-a-decade in a majority of the surveyed states and Union territories (UT), according to the latest round of National Family Health Survey (NFHS-5). Child obesity also increased in several states. The...
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