-The Hindu Why did senior officials of the apex banking regulator meet the MD and CEOs of public and certain private sector banks? What are the possible reasons for low deposit growth? What is the net status of non-performing assets? Has credit growth risen when compared to the year-ago period? The story so far: The Governor, Deputy Governor and a few other senior officials of apex banking regulator, the Reserve Bank of...
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How the proposed Data Protection Bill will undermine India’s Right to Information -Shailesh Gandhi
-Scroll.in A planned amendment says that all information that can be related to a person may be denied. India’s Right to Information Act, 2005, has been hailed as one of the best transparency laws in the world. It recognises that citizens are the rulers of the nation. As a consequence, the Act acknowledges their right to access all information from their government. The law effectively states that the default mode is that they...
More »Number of eggs exported from Namakkal to Qatar increases to 2.5 crore as demand soars due to FIFA World Cup -M Sabari
-The Hindu Due to the demand, price of an egg is expected to reach ₹6 very soon The number of eggs exported from Namakkal district to Qatar have been increased to 2.5 crore from 1.50 crore due to an increase in demand, thanks to the FIFA World Cup, and a cheaper price compared with Turkish eggs. In Namakkal district, approximately 1,100 poultry farms are functioning, and these farms produce 5.5 crore to 6...
More »In the shade of the Great Shudder -Bitan Sikdar
-The Telegraph Amphan changed the institutional knowledge of the Sunderbans folks. The Telegraph recounts how they lived the countdown to Cyclone Sitrang Gobardhanpur: Shankar Das is taking stock of the luggage for the last time. Hurriedly, with fear-ridden eyes. Outside, the wind speed is changing. It will take time to reach the school building on the village outskirts. His family will accompany him. If it gets late, there might be no space...
More »Vicious cycle -Prabhat Patnaik
-The Telegraph A system without any steering control An essential characteristic of modern capitalism is that the living conditions of millions of people are determined by the whims and caprices of a handful of financial speculators; indeed, that is what ‘leaving things to the market’ really entails. Consider what is happening in India today. There is a massive outflow of finance from the country because of which the rupee is depreciating vis-à-vis...
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