-The Hindu The former Chief Statistician on calculating GDP back series, on indicators of development, and the fall of the rupee The draft of the back series GDP data, which was made public by the government recently, is unlikely to change drastically even if other methods of calculation are used, says former Chief Statistician of India, Pronab Sen. The noted economist discusses GDP, employment and poverty data; the value of the rupee;...

-The Hindu Business Line After Allahabad HC rebuff, power firms look for govt lifeline Mumbai: About 70 companies with a combined debt of approximately ?3.6-lakh crore face insolvency proceedings, with the deadline imposed by the Reserve Bank of India ending on Monday. These companies did not get any legal relief as the Allahabad High Court declined to stay the RBI’s February circular instructing banks to take all large accounts above ?2,000 crore...

-The Hindu Business Line The rejection of the the Gadgil panel report, by all the six States along the Western Ghats, has proved to be a costly error The floods of catastrophic dimensions that ravaged Kerala recently have brought into sharp focus the all-round ecological destruction caused by human interference in the State’s hilly terrains. The fact that there were 12 major landslides and hundreds of minor ones within a fortnight in the...

-The Hindu Representation of collegium members other than the CJI is among the lowest during Chief Justice Dipak Misra’s term Chief Justice Dipak Misra’s role as Master of the Roster was called into question by the other four judges in the Supreme Court collegium in January. While their complaint was about cases being “assigned selectively” to benches of “preference”, how have members of the collegium been represented in major cases (those with...

-The Hindu Consortium representing them says refusal to display PM’s picture is inviting threat of blocked supplies Mumbai: Dealers operating petrol pumps have received a verbal advisory from state-owned oil marketing companies (OMCs) to put up pictures of Prime Minister Narendra Modi at their retail outlets, triggering a protest. Indian Oil Corporation (IOCL), Hindustan Petroleum Corporation Limited (HPCL) and Bharat Petroleum Corporation Limited (BPCL) have asked the dealers to arrange the display ahead...