-Business Today Priyanka Kishore, Lead Asia Economist at Oxford Economics tells Business Today why India's GDP may well not be 7 per cent. Excerpts from an interview. * What were the reasons that prompted you to relook at India's growth numbers? India announced a revamped GDP series in early 2015, based on the requirements of the 2008 System of National Accounts (SNA). The new method made substantial changes to both the estimation and...

-TheWire.in The law will benefit only a minuscule percentage of women, while ignoring the majority who are working as contractual labour, farmers, self-employed women and housewives. New Delhi: The passage of the landmark Maternity Benefits Act 1961 by the Indian parliament, which mandates 26 weeks of paid leave for mothers as against the existing 12, has generated more heartburn than hurrahs due to its skewed nature. The law will also facilitate ‘work from...

-Hindustan Times New Delhi: Taking action against corrupt officials could soon get harder. A parliamentary panel has backed a move to bar anti-graft agencies from probing bribery allegations against public servants without the government’s approval. The government can take up to four months to decide if the police should register the bribery case, and there will be no penalty if it takes longer. However, its sanction would not be required if the official...

-Hindustan Times Gurgaon: Parents seeking admission for their little ones complain that a number of private schools are not complying with Right to Education Act (RTE) in nursery admissions. They say private schools continue to screen students and parents looking for admission though RTE norms prohibit the exercise. A number of parents said schools, in the name of admission processes, conduct interactions and try to get information about their financial status and...

-The Indian Express India should learn from China and start with liberalisation of rural land, labour and capital markets before attempting bigger things. Independence Day has come and gone with its usual mix of celebrations, pride and ruminations on how things could be better. Interestingly, several media commentaries tagged the event with the 25th anniversary of economic reforms, launched in 1991 around the same time of the year. They largely dwelt on the theme...