-The Hindu Scraps broad-based criteria, eases Know-Your-Customer rules; FPIs had sold shares worth over Rs.22,000 cr. in July, August Mumbai: At a time when foreign investors have been selling Indian shares in huge quantum, the Securities and Exchange Board of India (SEBI) has simplified the compliance and operational requirements for foreign portfolio investors (FPIs), to make the regulatory framework more investor friendly. The SEBI board, which met here on Wednesday, decided to do...

-The Indian Express NRC violates constitutional morality, principles of international law. The case of Mohammad Sanaullah — where Sanaullah, a former soldier, was declared a foreigner by an Assam Tribunal — exposed a gaping hole in the National Register of Citizens. No doubt, the state will scramble to correct the injustice. But for the poor in the state, nobody will bother. A tribunal meet on the NRC and the Citizenship (Amendment) Bill...

-The Indian Express Fall in emigration, and reverse migration from the Gulf, challenge Kerala’s welfare model. The state must find a way Migration trends indicate that the Gulf, which had long funded the Kerala development story, may soon turn out to be a headache if not a nightmare. Economic slowdown in the Gulf countries, state policies favouring replacement of migrants with local labour, influx of workers from Africa and countries such...

-The Hindu Business Line India has been the world’s top rice exporter since the beginning of this decade. But this boom has benefited only merchant capitalists, not consumers and producers India emerged the world’s largest rice exporter in 2011-12, displacing Thailand from its leadership position. Two factors played a role in this. The first was the government’s decision in February 2011 to lift a four-year ban on exports of non-basmati varieties of...

-The Indian Express There were 5,917 instances of bank fraud in 2017-18 as against 5,076 cases the previous year, show the data released Friday. Fraudsters have looted Rs 41,167.7 crore from the banking system in 2017-18, a sharp jump of 72 per cent from Rs 23,933 crore the previous year, despite “stringent monitoring and vigilance”, according to data released by the Reserve Bank of India (RBI). There were 5,917 instances of bank...