-PTI/ Financial Express As per the directions, the bank shall not, without the prior approval of the RBI, grant or renew any loans and advances, make any investment, INCur any liability, and disburse or agree to disburse any payment. The Reserve Bank of India (RBI) on Friday imposed several restrictions on Laxmi Cooperative Bank Ltd, Solapur, INCluding a Rs 1,000 cap on withdrawals for customers, due to deterioration in its financial position. The...
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Deep Rot Within Facebook/Meta: What can be Done? -Paranjoy Guha Thakurta
-Newsclick.in Can legal and regulatory action be taken against Facebook for actively abetting the spread of communal hatred? While a precedent exists in the US, carrying out the same in India will prove a challenge. So, what’s new about whistleblower Frances Haugen’s revelations about how the top brass of the now-renamed Facebook turned a blind eye to the proliferation of INCendiary, hateful and false information on its social media platform, how the...
More »Pronab Sen, Programme Director for the IGC India Programme and first Chief Statistician of India, interviewed by Vikas Dhoot (The Hindu)
-The Hindu The ill-prepared move left India with all the damages and very few of the benefits On November 8, 2016, Prime Minister Narendra Modi announced that from midnight, ₹500 and ₹1,000 notes would no longer be considered legal tender in India. The government’s stated aim was to curb corruption and the pervasion of black money in the economy, as well as the proliferation of fake currency which was also being used...
More »38 injured as skulk of foxes attack Bengal village
-PTI/ The Hindu At least 38 people were injured in an attack by a skulk of foxes in West Bengal’s Malda district on Thursday, police said. The INCident happened in Hardam Nagar village in the Harishchandrapur police station area. A skulk of 15-20 foxes attacked several houses in the village at the break of the dawn, injuring at least 40 people, as most were caught by surprise, the police said. Twenty of them...
More »UNHCR: Conflict, violence, climate change drove displacement higher in first half of 2021
-UNHCR India The trend in rising forced displacement continued into 2021 – with global numbers now exceeding 84 million – as more people fled violence, insecurity and the effects of climate change, according to the Mid-Year Trends report released today by UNHCR, the UN Refugee Agency. The report, for January-June 2021, showed an INCrease from 82.4 million at the end of 2020. This resulted largely from internal displacement, with more people fleeing...
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