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Has personal loans seen a rebound ahead of the festive season? The answer is in the negative

Just before Dhanteras and Diwali this year, the Reserve Bank of India (RBI) released the November edition of its monthly bulletin. The latest RBI Monthly Bulletin says that the GDP has contracted by -8.6 percent in the second quarter of fiscal year 2020-21 (i.e. July-September, 2020) as compared to the gross domestic product (GDP) during the corresponding period last year. It may be noted that India’s GDP shrunk by -23.9...

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UP Scribe Attacked after Reporting on MGNREGA Irregularities; Journalist Body Questions Yogi's Silence -Abdul Alim Jafri

-Newsclick.in The journalist claims no action will be taken against his attackers as they belong to the ruling BJP. Lucknow: A senior journalist working with a local daily in Uttar Pradesh’s Lalitpur region was beaten up publicly and threatened allegedly by a local Bharatiya Janata Party (BJP) leader and his sons while returning from work. Police have lodged a complaint against five people including the BJP leader. Journalist Vinay Tiwari, a resident of...

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Do recent indicators hint at a real economic revival? -Vikas Dhoot

-The Hindu After India’s economy collapsed in the first quarter of 2020-21 following the nationwide lockdown imposed to curb the COVID-19 pandemic, some economic indicators from September and October, from power consumption to GST collections, suggest that things are improving. But is this a sustainable recovery under way, or just an expression of pent-up demand combined with India’s festive-season spending? In a conversation moderated by Vikas Dhoot, Naushad Forbes and M....

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Sushant Singh Rajput death case: HC raises questions over Republic TV’s reportage -Omkar Gokhale

-The Indian Express Advocate Malvika Trivedi for Republic TV refuted claims of petitioner that the channel had tried to malign the name of Mumbai Police by accusing it of not carrying out an investigation in the case. The Bombay High Court Wednesday sought to know from Republic TV if asking viewers who should be arrested in a case in which a probe is going on, and infringing upon a person’s rights qualified...

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Will the farm bills benefit farmers? -Vikas Dhoot

-The Hindu The APMC Bypass Bill leaves too much to the benevolence of private players Three farm bills — the Essential Commodities (Amendment) Bill, the Farmers’ Produce Trade and Commerce (Promotion and Facilitation) Bill (commonly referred to as the APMC Bypass Bill), and the Farmers (Empowerment and Protection) Agreement on Price Assurance and Farm Services Bill — were cleared by Parliament amid protests from the Opposition. Sudha Narayanan (Associate Professor at the...

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