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How we define the street -Jonathan Shapiro Anjaria

-The Indian Express New street vendors act is welcome. But questions of hawkers' rights come down to our understanding of city spaces and people. The Street Vendors (Protection of Livelihood and Regulation of Street Vending) Bill, 2014, was finally passed by the Rajya Sabha on February 19 and received presidential assent last week. This is to be lauded. Since the late 19th century, the official view has been to treat street...

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Is bank liable if client is robbed in branch? -Bhadra Sinha

-The Hindustan Times Can a bank be held liable if a customer is robbed inside the bank premises, but before he has deposited cash with the cashier? The National Consumer Disputes Redressal Commission (NCDRC) has delivered conflicting verdicts. In a recent judgment NCDRC ruled that a bank's security guard is under no obligation to provide security to account holders, and therefore, the bank cannot be forced to compensate a customer whose money...

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New farm-fresh veggie outlets in Chennai's suburbs sell out on day 1 -K Manikandan

-The Hindu The outlets in the city's immediate southern suburbs and one in Porur boast of a huge price difference of locally-available vegetables compared to those in other markets Chennai: Residents cutting across the social and economic spectrum flocked to the farm-fresh consumer outlets in the city's suburbs on Thursday, soon after their inauguration earlier in the day. Chief Minister Jayalalithaa launched 31 ‘Pannai Pasumai Nugarvor Kootturavu Kadai' through video-conferencing from the Secretariat....

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The fall of Saradha group revives old ghosts of ponzi schemes going bust -Atmadip Ray

-The Economic Times For many, it is a sense of deja vu. Fifteen years ago, the government and India's financial regulators came under fire after hundreds of crores were cleaned up by a few individuals and entities from gullible investors, who were promised fabulous returns from plantation schemes. In the uproar that followed, the government and the regulators sought to palm off the responsibility of regulation of such schemes on each...

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When innovation is under threat-Swati Piramal

-The Financial Express A patent law that is transparent, based on principles of good science & encourages innovation is in India's interest In 500 BC, in the Greek city of Sybaris, it was proclaimed that "encouragement was held out to all who should discover any new refinement in luxury, the profits arising from which were secured to the inventor by patent for the space of a year." England followed with the Statute...

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