-PTI/ Livemint.com Nomura expects India's fiscal deficit to come at 6.5 per cent as against the earlier expectation of 6.2 per cent and underlined that it will still be lower than the budgeted 6.8 per cent target The excise duty cuts on diesel and petrol will cost ₹45,000 crore and lead to a 0.3 percentage point widening on the Centre's fiscal deficit, a foreign brokerage said on Thursday. Going by the overall consumption,...
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India staying out of major climate pledges at COP26: Officials argue varied reasons -Subhayan Chakraborty
-MoneyControl.com While India has been one of the earliest and key signatories of multiple global environmental agreements, it has given a wide berth to three major initiatives. Officials tell Moneycontrol why that's been the case. Despite surprising large segments of the global community and climate experts by announcing major commitments, India has till now stayed away from all the major pledges at the COP26 climate summit in Glasgow. Early on Thursday, the UK...
More »TRIPS Waiver Proposal: Big Pharma Steering Discourse Away From Patent Monopoly -Richa Chintan
-Newsclick.in It appears the stage is being set to scuttle India and South Africa’s IP waiver proposal with regard to Covid vaccines and technology ahead of the 12th WTO Ministerial this month-end. At various global fora, Big Pharma and rich countries have been steadfastly pushing the focus toward supply-side bottlenecks of vaccines and unequal distribution of doses in a bid to steer the discourse away from the more contentious issue of patents...
More »Can the police in India force someone to hand over their phone and check their messages? -Umang Poddar
-Scroll.in A viral video of the Hyderabad Police stopping people in the street and looking through their devices has sparked concern about the legality of such methods. In several cases over the last couple of years, the police have highlighted WhatsApp chats found on phones to explain why they needed to keep people in custody. This strategy has been deployed most recently in narcotics cases involving Hindi film actress Rhea Chakraborty and Aryan...
More »Modi govt slashes excise duties on petrol by Rs 5, and diesel by Rs 10 -R. Suryamurthy
-The Telegraph The cut was announced a day after the declaration of by-election results in 29 Assembly seats and 3 Lok Sabha seats, wherein BJP suffered setback in some states The Narendra Modi government has finally buckled under pressure from consumers, voters and the Opposition and slashed excise duties on petrol by Rs 5 a litre and on diesel by Rs 10 a litre. From Thursday in Calcutta, the price of petrol will...
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