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Assured return offers by realtors and jewellers to be treated as Ponzi -Sidhartha

-The Times of India NEW delhi: The proposed law to crack down on Ponzi schemes will bar real estate developers that offer fixed returns till possession as well as schemes from jewellers as the government believes that they are “unregulated deposits”. The clampdown on realtors, jewellers and other deposit-seeking entities is part of the Banning of Unregulated Deposit Schemes Bill, which was cleared by the Cabinet on Wednesday and is expected to...

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Universal basic income can't come at the cost of existing welfare schemes: report -Sayantan Bera and Elizabeth Roche

-Livemint.com Universal basic income (UBI) cannot come at the cost of existing welfare schemes and exclusive reliance on Aadhaar-linked cash transfers can prove to be short-sighted, says Carnegie India report New delhi: A universal basic income (UBI) for Indian citizens cannot come at the cost of withdrawing existing welfare schemes and an exclusive reliance on Aadhaar-linked welfare payments for cash transfers can prove to be short-sighted, says new research. The central design features...

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MPs hiking own pay an ethical issue: Supreme Court -Amit Anand Choudhary

-The Times of India NEW delhi: The Supreme Court on Tuesday agreed to examine a plea seeking a permanent mechanism to fix and revise the salary and allowances for MPs and MLAs, saying lawmakers increasing their own salary raised an "important ethical and legal issue" that needed adjudication. A bench of Justice J Chelameswar and Justice Sanjay Kishan Kaul said the Centre had been considering setting up a permanent body for the...

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Aadhaar no more mandatory for distribution of ration: delhi govt

-The Indian Express "delhi government has decided to stop aadhaar being mandatory for the distribution of ration, this was decided at the cabinet which couldn't take place at the Secretariat today due to protests," said Manish Sisodia. New delhi: Amid a high voltage drama over an alleged assault on Chief Secretary Anshu Prakash by AAP MLAs, the delhi government on Tuesday decided against making Aadhaar mandatory for the distribution of ration in...

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Private hospitals making profits of up to 1,737% on drugs, consumables and diagnostics: Study -Rema Nagarajan

-The Times of India NEW delhi: An analysis of bills from four reputed private hospitals in delhi and NCR by the National Pharmaceutical Pricing Authority (NPPA) has revealed that they are making profits of up to 1,737% on drugs, consumables and diagnostics and that these three accounts for about 46% of a patient’s bill. The analysis, released on Tuesday, noted that “the major beneficiaries of profits in all these cases because of...

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