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Storm in Akshaya Patra’s teacup: Trustees tell TNM why they resigned -Pooja Prasanna

-TheNewsMinute.com One of the trustees who resigned, Mohandas Pai, told TNM that allegations of misuse of funds led to friction between independent trustees and ISKCON missionaries on the board. The resignation of four independent trustees of the Akshaya Patra Foundation (APF) has raised questions over the future of a programme that distributes over 18 lakh meals every day in 12 states across the country. The four trustees – former Infosys CEO Mohandas...

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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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Protect our Republic, my lords -Sriram panchu

-The Hindu The judiciary’s quick intervention in the Arnab Goswami case turns the spotlight on other serious cases that languish The facts are brief. Mr. Arnab Goswami of Republic TV, a media group perceived to be supportive of the ruling party, was arrested by the Mumbai Police on November 4, 2020 on a charge of abetting the suicide of Anvay Naik. The suicide note mentioned that the channel had not paid bills...

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Firecrackers heard across Delhi on Diwali night despite ban

-The Hindu/PTI Action will be taken against those violating the ban. says police Bursting of firecrackers could be heard across Delhi and its neighbouring areas on Diwali night even though a ban was imposed on its sale and use in the national capital region in view of rising air pollution and COVID-19 pandemic. Sparklers were seen lighting up the night sky while crackers went off on the ground in various areas. Please click here...

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The Hindu Explains: What is technical recession, and what does it mean for the Indian economy? -Suresh Seshadri

-The Hindu * What has the RBI cautioned about GDP decline amid the pandemic, and what lies ahead? The story so far: The Reserve Bank of India’s (RBI) latest monthly bulletin features an article by an official at its Monetary Policy Department titled ‘An Economic Activity Index for India’, where the author has, in a ‘nowcast’ (a forecast that estimates the outcome of a near-term event), projected that India’s GDP (Gross Domestic...

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