-Newslaundry.com Journalist Paranjoy Guha Thakurta faces arrest for an article on the Adani Group, comedian Munawar Faruqui languishes in jail. The good news we were all waiting for in these bleak times came with India’s sensational win in the cricket test series against Australia in Brisbane on January 19. But even as we celebrated good times for Indian cricket, the bad times for Indian journalism and freedom of speech and expression continued. On...
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Bad loans may hit 22-year high by Sept, RBI stress tests show -Shayan Ghosh and Gopika Gopakumar
-Livemint.com The gross bad loan ratio of banks which stood at 7.5% as of 30 September, could almost double to 14.8% under a severe stress scenario, RBI warns Indian banks’ bad loan ratio could rise to 13.5% under the baseline stress scenario by September, the highest in more than 22 years, posing a risk to the broader economy, the Reserve Bank of India (RBI) said. The gross bad loan ratio of banks which...
More »Travails of ASHA Workers During COVID-19 Call for Renewed Focus on Public Health -Deepanshu Mohan, Jignesh Mistry, Advaita Singh, Sunanda Mishra and Shivani Agarwal
-TheWire.in ASHA workers and other community healthcare workers have experienced extra working hours, loss of pay and social apathy during the pandemic. Walking into 2021, if there was one positive to be identified with the large-scale outbreak of a pandemic in 2020 in India, and the rest of the developing world, it would have been this: a primary focus given by most governments and their executive agencies to improve healthcare services and...
More »RBI Warns Gross NPAs of Banks May Escalate to 14.8% in September in Absence of Adequate Capital
-Moneylife.in While highlighting the need for proactive building up of adequate capital for banks to withstand possible asset quality deterioration, the Reserve Bank of India (RBI) has warned that the gross non-performing assets (GNPAs) of scheduled commercial banks (SCBs) may escalate to 14.8% under a severe stress scenario. In its financial stability report (FSR), the central bank says, "Macro stress tests incorporating the first advance estimates of gross domestic product (GDP) for...
More »Chhattisgarh says no to the use of Covaxin till clinical trial processes accomplished -Ejaz Kaiser
-The New Indian Express The state health minister T S Singh Deo said that it is "Not Safe" to use any vaccine, which remains in clinical trial mode. RAIPUR: Congress-ruled Chhattisgarh government has categorically declared that it is not in favour of using indigenous Covid19-Covaxin in the vaccination process in the state unless it has completed the recommended testing process with absolute authentication and success. The state health minister T S Singh Deo...
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