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Demonetisation triggers 1400 per cent rise in suspicious transaction reports: Financial Intelligence Unit

-PTI The elite financial snooping unit of the country has compiled comprehensive data of such instances, including fake currency deposits, for the year 2017-18. NEW DELHI: The 2016 demonetisation of two high-value currencies has led to an all-time high generation of over 14 lakh suspicious transaction reports (STRs), a record 1,400 per cent jump over the past, by banks and other financial institutions in the country, a latest FIU report has found. The...

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A festival of rash promises -Ashok Gulati

-The Indian Express Both BJP’s PM Kisan and Congress’s Nyay acknowledge that small and marginal farmers and bottom 20 per cent of population have not benefited from current policies. But both schemes raise further questions. It is time to celebrate the biggest spectacle of democracy on this planet. About 900 million people are eligible to exercise their right to choose their representatives to the Lok Sabha. This festival of democracy will...

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YV Reddy, former Reserve Bank of India governor and chairperson of the 14th Finance Commission, interviewed by Roshan Kishore (Hindustan Times)

-Hindustan Times The 15th Finance Commission (FC) has to submit its report in October 2019, which will be another important event in the evolution of India’s fiscal federalism framework. The tenure of the Narendra Modi government has seen important changes in India’s fiscal federalism set-up such as the abolition of the Planning Commission (PC) and the roll-out of the Goods and Services Tax (GST). The 15th Finance Commission (FC) has to submit...

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Delhi: All graft cases to go to new court complex -Abhinav Garg

-The Times of India NEW DELHI: For the very FIRst time, Delhi will get a single court complex where all corruption-related cases pending in various city courts will be tried. The move is likely to put anti-graft trials on a fast-track and free up existing courtrooms for other cases. After a long wait, Delhi high court decided to kick-start the capital’s newest court complex on from April 9 by shifting all Prevention...

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BJP No Less Dynastic Than Congress, Lok Sabha Data Show -Tish Sanghera

-IndiaSpend.com Mumbai: The Bharatiya Janata Party (BJP) has had a similar number of ‘dynasts’ amongst its elected parliamentarians over the past two decades as the Indian National Congress (Congress), shows our analysis of a new dataset containing the biographical profiles of all 4,807 parliamentarians since India’s FIRst parliament in 1952. Since 1999, the Congress has had 36 dynastic MPs elected to the Lok Sabha, with the BJP not far behind with 31....

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