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A cycle of low growth, higher inflation -Anand Srinivasan

-The Hindu Unless policy action ensures higher demand and growth, India will continue on the path of a K-shaped recovery In recent times, right-leaning economists have been arguing that the Government does not need to do anything with the economy and that it will revive by itself. They call those who disagree with them, doomsday merchants. These economists reason that, like after the Great Depression, the economy rebounded worldwide, and so will...

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Govt seeks more time to provide details on sale of electoral Bonds -Anita Joshua

-The Telegraph The poll Bonds are sold in 10-day phases, and the 17th tranche was issued earlier this month The government has sought more time to provide details on the sale of electoral Bonds although RTI documents suggest the information is available. “The government seeks more time to furnish the replies,” the finance ministry said in a written reply on Tuesday to questions posed by Trinamul Congress MP Santanu Sen in the Rajya...

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ADR co-founder says those snooping on him had wasted their resources

-The Hindu All work available in public domain, says Chhokar The co-founder of the Association for Democratic Reforms (ADR), Jagdeep S. Chhokar, on Monday said whoever was snooping on him had wasted their resources. Mr. Chhokar was reacting to reports of his name figuring on a list of potential snooping targets of the Pegasus spyware. A retired professor of the Indian Institute of Management Ahmedabad, Mr. Chhokar said his work with the ADR...

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India’s Conflict Diamonds: Buxwaha -Anish Tore

-Newsclick.in A new ecological social contract may emerge if the Save Buxwaha Forest movement attains its objectives. They say diamonds are forever. So is the ecological damage diamond mines cause, say environmental activists protesting against the proposed diamond mine in Madhya Pradesh’s Buxwaha forest. Blood or Conflict Diamonds is a term used for organised crime networks in African countries such as Liberia, Sierra Leone, Congo, Angola etc, where the money from diamond...

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Indians' funds in Swiss banks climb to Rs 20,700 crore, highest in 13 years

-PTI/ IndiaToday.in 'Other amounts due to customers' from India rose over six times Overall, customer deposits in all Swiss banks rose in 2020 to nearly CHF (Swiss franc) 2 trillion Swiss authorities maintain that assets held by Indians in Switzerland cannot be considered as 'black money' New Delhi/ Zurich: Funds parked by Indian individuals and firms in Swiss banks, including through India-based branches and other financial institutions, jumped to 2.55 billion Swiss francs (over...

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