-ThePrint.in Supreme Court Tuesday ordered the demolition of two under-construction towers at Supertech's Emerald Court complex, ruling them illegal and against residents' rights. Noida: “Come have laddoos, we won today.” Anyone entering Supertech Emerald Court at Noida’s Sector 93 Tuesday was greeted by Resident Welfare Association (RWA) members with these words, and big smiles. It was a day of victory for them indeed.  After a nine-year fight against Real estate major Supertech —...

-The Indian Express The apex court refused to interfere with the Centre's and Reserve Bank of India (RBI's) decision to not extend the loan moratorium beyond August 31 last year, saying it is a policy decision. Refusing to interfere with the government and RBI’s decision to not extend the loan moratorium period beyond Aug 31, the Supreme Court on Tuesday said it cannot do a judicial review of Centre’s financial policy decision...

-The Hindu The paradox becomes clearer by recognising the circuit of financial flows beyond the real economy Divergences between the booming financial and the stagnant real sectors, which appear rather confounding as well as disconcerting, warrant an explanation. Enumerating the facts in India’s major secondary stock market, the Sensex (the benchmark index of the BSE Limited, or formerly the Bombay Stock Exchange Ltd.) has been found tracking an upward path, from 40,817 on...

-Livemint.com For over 30 years, since 1988, India has been trying to fix the poor quality of its land records; new schemes have begun yet again. But rural land markets remain mostly illiquid, trapping farmers in agriculture. Mint explains For over 30 years, since 1988, India has been trying to fix the poor quality of its land records; new schemes have begun yet again. But rural land markets remain mostly illiquid, trapping...

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...