-The Telegraph Over two dozen petitions have challenged the legal and constitutional validity of DeMo A five-judge constitution bench headed by Justice Abdul Nazeer will on Wednesday stART hearing a batch of petitions challenging the Narendra Modi government’s demonetisation of high-value currency notes in November 2016. Over two dozen petitions have challenged the legal and constitutional validity of the demonetisation and the short window offered to citizens to exchange the demonetised notes. A three-judge...
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Global recession increasingly likely as cost of living soars: WEF survey
-PTI/ The Hindu Business Line The survey showed that food security could be at risk over the next three years A global recession is becoming increasingly likely due to stubbornly high inflation and real wages continuing to fall, the World Economic Forum said on Wednesday, citing a survey of chief economists from across the world. According to the WEF Chief Economists Outlook report, real wages are expected to continue falling across the world...
More »Bombay High Court query on appeal for meat ad ban
-PTI/ The Telegraph HC notes that while an ordinary person has option of switching off television when such an ad comes, it will have to look at issue on the point of law Bombay High Court on Monday asked three Jain religious charitable trusts and a city resident practising Jainism why they were seeking to encroach on the rights of others by appealing for restrictions or ban on advertisements for meat and...
More »Employment in nine selected sectors grew by 4 lakh in Q4 FY22 -Surabhi
-The Hindu Business Line Employment increased by about four lakh in the January to March 2022 quARTer as against the previous quARTer in nine selected sectors of the economy. The Fourth Round of QuARTerly Employment Survey (QES) by the Labour and Employment Ministry revealed that the estimated employment increased to 3.18 crore in the fourth quARTer of 2021-22 in the selected sectors as compared to 3.14 crore in the third quARTer of...
More »A re-look at production-linked incentives -Prashanth Perumal J
-The Hindu The best way to support the manufacturing sector is to free it from the umpteen regulations that have stalled investment for decades Many Indians on a daily basis use sophisticated goods that are either fully imported or just simply assembled in India. This is because India lacks a well-developed manufacturing supply chain that could help produce things from scratch. To tackle this, in 2020, the Central government came up with...
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