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Future prospects basis for mishap payouts, says SC

-The Times of India NEW DELHI: In a verdict intended to provide "just" compensation to victims of road accidents, the Supreme Court ruled on Tuesday that compensation will be based on the future prospects of a deceased person rather than only loss of present income. A five-judge bench comprising Chief Justice Dipak Misra and Justices A K Sikri, A M Khanwilkar, D Y Chandrachud and Ashok Bhushan framed guidelines for making an...

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LED bulb safety alert -GS Mudur

-The Telegraph New Delhi: More than half the LIGht emitting diode (LED) bulb brands sold in India breach the safety standards prescribed by the government's Bureau of Indian Standards, a LIGhting industry association said on Monday, citing a survey by a market research firm. The Nielsen survey has found that 36 to 73 per cent of LED bulb brands sold across 200 retail outlets in four cities failed to comply with the...

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Cry to widen stent price cap -GS Mudur

-The Telegraph New Delhi: Health activists campaigning for affordable treatment on Wednesday urged the Narendra Modi government to resist "pressure" from foreign medical device makers and expand price caps to new classes of medical devices. The All India Drug Action Network (AIDAN), a consortium of non-government activists' groups, said it was concerned that a body of foreign medical device manufacturers had petitioned the US government seeking suspension or withdrawal of certain trade...

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Gujarat model: The gleam of state's high growth numbers hides dark reality of poverty, inequality -Maitreesh Ghatak

-Scroll.in An analysis of data shows that the Gujarat model is a bubble waiting to burst. The Gujarat economy continues to be an enigma. In 2014, many considered the state’s economic performance nothing short of miraculous and credited it to the magic touch of Narendra Modi, then the four-term chief minister of the state. This even led to the coinage of a new term: Modinomics. Three years later, as Gujarat heads...

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Do not force us to do Aadhar seeding, it is against spirit of democracy: Largest bank officers' body -Arun Janardhanan

-The Indian Express In the implementation of the Pradhan Mantri Jan Dhan Yojana, public sector banks and regional rural banks have opened 29.13 crore accounts as against 96 lakh accounts by the private banks. Chennai: The All India Bank Officers Confederation (AIBOC), the largest body representing over 3,25,000 officers, opposed the Centre’s move making Aadhaar mandatory and forcing bank officers to do Aadhar seeding. When the matter is subjudice in the...

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