-The Telegraph Many experts, including former RBI governor D Subbarao, have flagged concerns over the privacy aspect of CBDC Mumbai: The RBI on Wednesday said the central bank digital currency (CBDC) will remain anonymous and regulations that are applicable to paper currency will prevail on the e-rupee. Earlier this month, the RBI had begun a pilot for the retail digital rupee after it launched another project for wholesale digital rupee among financial institutions. Many...
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Rural demand for FMCG dips 17% in Nov as Post-festive consumption slows -Sharleen D'Souza
-Business Standard Urban demand also hit, but not as badly; Overall FMCG sales decline 15.3% MoM and 2.7% YoY Rural demand for fast-moving consumer goods (FMCG) in November dropped because of a loss of momentum after the festival season. Please click here to read more. ...
More »PIL against deletion of voter without intimation: SC issues notices -Abraham Thomas
-Hindustan Times In their plea, former bureaucrats MG Devasahayam, Somasundar Burra, and Aditi Mehta referred to the Registration of Electors Rules that allow the Registration Officer to entertain any objection, hold a summary inquiry and rectify any errors without hearing or notifying the affected party. The Supreme Court has directed the Centre and the Election Commission of India (ECI) to respond in four weeks to public interest litigation (PIL) challenging the rule...
More »Demonetisation has Been an Utter Failure on all Fronts -Prabhat Patnaik
-Newsclick.in None of its stated objectives have been met and the entire exercise has turned out to be a mere act of converting old notes into new ones, at great inconvenience to the people. In the entire history of Post-Independence India, no single economic measure has been as devastating for the people and as utterly futile in achieving its stated objectives, as the demonetisation of currency notes of Rs 500 and Rs...
More »Govt to 'go ahead' with field trial of GM mustard & defend it in SC -Dhirendra Kumar
-Millennium Post New Delhi: Despite a strong opposition of environmental clearance to GM mustard by Swadeshi Jagaran Manch, which is an affiliate of Rashtriya Swayamsevak Sangh, and other activists, the government has 'decided' to go ahead with the field trial of the transgenic crop and make India self-reliant in oilseed production. According to a senior official in the Environment Ministry, the government has decided to provide all the needed support to the...
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