-Hindustan Times The average PE (price earnings) multiple of Sensex companies , which measures the price of a stock as a multiple of its earnings per share, has risen to 31.49 in the current month, the highest since 1998-99 . The BSE Sensex, India’s benchmark stock market index, reached an all-time high of 44,825 on Wednesday, November 25. There is reason to believe that speculation and external tailwinds, rather than strong fundamentals,...
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MP: ‘Over 37,000 Kilometres of Tribal Land to be Handed Over to Corporates’ -Sumedha Pal
-Newsclick.in The state government is said to be formalising plans to give 40% of "degraded forest land" to private firms, allege activists. New Delhi: Amidst the ongoing battle by tribal communities in India to formalise their land claims, the Madhya Pradesh government has reportedly proposed the privatisation of 40% of “degraded forest land” to private firms. The government claims that this land is wasteland and has degraded for multiple reasons, and that private...
More »Top Court To Hear Plea Seeking Regulation On UPI Platform Data On Monday
-NDTV.com/ PTI The matter came up for hearing before a Supreme Court bench comprising Chief Justice SA Bobde and Justices AS Bopanna and V Ramasubramanian which listed it for hearing next week. New Delhi: The Supreme Court has said it would hear on November 23 the plea filed by Rajya Sabha MP Binoy Viswam seeking direction to the RBI for framing regulation to ensure that data collected on UPI platforms is not...
More »Rupert Murdoch’s News Corp Under the Scanner as Australian Senate to Probe Media Monopolies -Peoples Dispatch
-Newsclick.in/ Peoples Dispatch The senate inquiry announcement comes days after a petition by ex-prime minister Kevin Rudd to investigate Murdoch’s media monopoly in Australia garnered half a million signatures On Wednesday, November 11, the Australian Senate voted in favor of an inquiry into media monopolies in the country with the focus certain to be on Rupert Murdoch’s News Corp. The move to hold an inquiry was proposed by Green Party senator Sarah...
More »Farmers’ Protests in Punjab — Through the Historical Lens of Social Movements (Part 2) -Harjeshwar Pal Singh
-Punjabtodaytv.com How does the present Kisan movement in Punjab, against new Farm Laws, measure up to previous historical lessons? As far as goal or objectives are concerned, this movement has largely been consistent and limited in its approach. Its main demand has been: repeal the three Farm Acts and guarantee MSP. However, as the centre continues to be obdurate, and everything pointing towards a long-drawn struggle, pressure to widen the scope of...
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