-IANS India's Ramesh Chand will be facing candidates from 4 nations including China for FAO's Director-General post. United Nations: India has nominated NITI Aayog member Ramesh Chand for the post of the new Food and Agriculture Organisation's (FAO) Director-General and he will be facing candidates from China and three other countries. The FAO announced on Monday the slate of candidates nominated by their governments for the election that is scheduled in June to...

-The Economic Times The IBC’s ‘fresh start’ process provides a systematic manner of waiving debts overseen by a judicial body. Historically, farm loan waivers have been used as a quick-fix solution to agrarian distress in India. Commonly used by political parties before elections, they have a long history at both central & state levels. However, the efficiency of waivers in actually resolving the debt burden of farmers is questionable. Waivers may work as...

-The Times of India NEW DELHI: Ten members of civil society, including Aruna Roy and Arundhati Roy, have moved the Supreme Court expressing solidarity with activist lawyer Prashant Bhushan who is facing contempt proceedings on attorney general K K Venugopal’s petition accusing him of making “false, malicious, dishonest and reckless” allegations on appointment of CBI’s interim director. The Roy duo, along with Wajahat Habibullah, Harsh Mandher, Jayati Ghosh, Prabhat Patnaik, I P...

-The Times of India NEW DELHI: Just a day after Haryana amended the law to allow construction in sections of the ecologically sensitive Aravalis and also protect previous construction, the Supreme Court stayed the decision, slamming it as wilful adventurism that violates the court’s previous orders. The court said the Haryana government’s action was “obnoxious and contemptuous” and expressed annoyance at its “temerity” to violate the SC order that banned mining and...

-The Times of India NEW DELHI: The government has capped trade margins of 42 cancer drugs at 30% expanding the span of price control to curtail undue profiteering by chemists and drug stockists on various medicines which were so far outside price regulation. The move is expected to bring major relief to around 1.5 million cancer patients in India reeling under exponentially high treatment cost leading to heavy out-of-pocket expenditure. In a detailed...