-The Indian Express An ordinance to overturn the Supreme Court order on SC/ST Atrocities Act is much needed The controversial judgment on the SC/ST Atrocities Act has yet again brought to the foreground the faultlines of our democracy. A cornered government, anticipating political repercussions, has moved the apex court for a review of the judgment. In its written submissions, it has stated that the judgment has created disharmony in society and violated...

-The Economic Times New Delhi: The government is planning to rope in domain experts from within and outside the country to ensure a smooth rollout and monitoring of ‘Ayushman Bharat’, its ambitious health insurance scheme for the poor. Niti Aayog, the government’s premier think tank, will come out with Guidelines for setting up the project monitoring unit (PMU) for Ayushman Bharat, also known as National Health Protection Scheme (NHPS), an official told...

-The Indian Express At present, 11 weak PSBs out of the 21 State-owned banks are under the PCA, which kicks in when banks breach regulatory norms on issues such as minimum capital, amount of non-performing assets and return on assets. Lending to the corporate sector, particularly small and medium enterprises, is becoming increasingly difficult with more than half the country’s public sector banks (PSBs) now under the RBI’s Prompt Corrective Action (PCA)...

-The Economic Times KOLKATA: Charges for SMS alerts on banking transactions may not squeeze account holders much but can be a reasonable earning for many banks, especially in accounts with meagre monthly transactions though income from SMS alert service goes against the advisory from the sector regulator. While Reserve Bank of India told banks to send SMS alerts for every transaction as means to fight frauds, the regulator also directed banks to...

-NDTV The Information and Broadcasting Ministry headed by Smriti Irani has set up a committee that will discuss and recommend a regulatory framework for online media. New Delhi: The government has amped up a move to regulate online media and news portals just after it was forced to take back a controversial order on punishing journalists for fake news on Prime Minister Narendra Modi's intervention. The Information and Broadcasting Ministry headed by...