-The Times of India NEW DELHI: The Centre has initiated moves to withdraw its controversial May 23 notification Banning sale of cattle for slaughter in livestock markets and will bring an amended version specifying dos and don'ts intended to prevent cruelty to animals and address safety and hygiene issues. The environment ministry has written to the law ministry seeking its view on withdrawal of the notification so it can bring an amended...
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Maharashtra most corrupt, Delhi tops in crimes: NCRB -Farhan Shaikh and Pratik Salunke
-Hindustan Times Mumbai was third on the list behind Bangalore, with 39,617 cases, but the number declined as compared to 2015 when 42,940 cases were registered. Maharashtra has earned itself the dubious distinction of being the “most corrupt state” for the third year in a row. The National Crime Records Bureau (NCRB) data, which was released on Thursday, revealed that there were 1,016 cases of corruption registered in 2016 in the state,...
More »Concern over bail-in -Jayanta Roy Chowdhury
-The Telegraph New Delhi: Politicians of various stripes have started to raise red flags about a provision in a bill that the Narendra Modi government intends to move in the Lok Sabha in the upcoming winter session, which could theoretically allow beleaguered Banks and financial institutions to scoop up depositors' money to stop them from going bust. It is called a "bail-in" - a concept coined during the European Banking crisis of...
More »A Comprehensive Guide From RBI on How 'Not' to Lend to Farmers -Bodapati Srujana
-Newsclick.in This might help understand why there is a huge gap between the amount of loans Banks claim they have given to the farmers and the amount that is actually received by the farmers. If you ever find yourself with time on your hands, and don’t know what to do with it – here is something that you can do. Just go to the website of Reserve Bank of India, and search...
More »GDP: The slide stops with 6.3% growth but old problems remain -Sanjiv Shankaran
-The Times of India NEW DELHI: The highlight of the gross domestic product (GDP) data for July-September quarter is the overall growth rate of 6.3 per cent, the first time pace of economic growth has increased in six quarters. It suggests that the marked slide we witnessed over the last year has finally stopped. However, a look at the disaggregated data shows that the economy is still struggling. A comparison of the...
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