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Bihar alliance without a single elected Muslim -Nalin Verma

-The Telegraph The state's largest minority community has held key ministerial and other constitutional posts whether under the rule of Congress, Samyukta Socialist Party, Janata Party, Janata Dal or the RJD Patna: Bihar has for the first time since Independence got a ruling coalition without a single MLA from its largest minority community. None of the four parties in the National Democratic Alliance — the BJP, Janata Dal United, Hindustani Awam Morcha SECular...

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Is India heading towards Reliance's monopoly in retail space? Find out CCI Chairman's views -Dipak Mondal

-BusinessToday.in While fate of RIL's Future Retail acquisition remains uncertain after Amazon got an interim arbitration order against that transaction, consolidation in retail space has raised murmurs of growing monopoly of the company in retail and some other SECtors Urban Ladder is the latest company in the retail space to be acquired by Reliance Retail. This comes close on the heels of its big ticket acquisition of Future Retail. While the fate...

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A day after RCEP, Jaishankar slams trade pacts, globalisation -Suhasini Haidar

-The Hindu ‘The effect of past trade agreements has been to deindustrialise some SECtors’ India has allowed other countries “unfair” trade and manufacturing advantages “in the name of openness”, asserted External Affairs Minister S. Jaishankar, in a speech criticising the effects of globalisation on Monday. Speaking just a day after the 15-nation Regional Comprehensive Economic Partnership (RCEP) was signed, Mr. Jaishankar was particularly scathing of trade agreements, which he said had forced...

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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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A recipe to tear down trade unions -Gautam Mody

-The Hindu The new labour laws are a brutal attack on workers’ ability to safeguard their rights Labour law ‘reform’ has been on the table since 1991 as every government’s favourite solution for economic growth. Yet, there was no consensus between governments, political parties, workers and their trade unions, and employers, on what this meant. Unlike other political formations, the BJP has been in unqualified agreement with employers that the existing labour...

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