-The Economic Times CHENNAI: The Madurai bench of the Madras High Court has granted an interim stay on the implementation of rules banning the sale and purchase of cattle for slaughter at animal fairs — notified by the central government in May — marking the first judicial pronouncement on an issue that has sparked off heated debate countrywide. The court on Tuesday, in response to a public interest litigation filed by Madurai-based...

-PTI MUMBAI: Reserve Bank will soon come out with final guidelines on customer protection which would limit customers liability in case of unauthorised electronic banking transactions, RBI deputy governor S S Mundra said on Tuesday. Last year in August, RBI had issued draft circular on limiting liability of customers in case on fraudulent banking transactions, resulting in debits to their accounts or cards. RBI had asked comments and suggestions on the same. "Based...

-Livemint.com The RBI-commissioned study listed faulty crop choices and aspirational consumption patterns as other major factors for farmer suicides New Delhi: Shame arising out of inability to repay loans taken from relatives and acquaintances is a key reason for farmers resorting to suicide, a study commissioned by the Reserve Bank of India (RBI) found. The study titled “Lives in debt: narratives of agrarian distress and farmer suicides”, conducted by researchers at Shiv Nadar...

-IndiaSpend/ Business Standard In Uttar Pradesh, Nagaland, Jharkhand and Bihar, fewer than 50% of rural households have electricity As many as 73% of the 18,452 villages that the Bharatiya Janata Party (BJP) government identified for electrification in 2015 now have power supply, but only 8% of these villages had all their households electrified, according to the government’s own data. As of May 25, 2017, 13,523 villages have been electrified, but 100% household connectivity...

-The Financial Express The agriculture ministry is not reconciled to the grip which Monsanto has on the Indian cottonseed industry owing to the immense preference for its patented, genetically-modified (GM) bollworm-resistance traits. On May 16, Additional Solicitor-General Tushar Mehta intervened in a dispute between Monsanto and its biggest (now divorced) sub-licensee, Hyderabad-based Nuziveedu Seeds. He made written submissions on behalf of the government, a week after hearings on the matter had...