-Hindustan Times First came demonetisation. Then, as banknotes slowly returned to circulation, a crackdown on illegal slaughterhouses in the state wrecked the local market for cattle. In Ilyas Khan’s eyes shine the pride of a grand past that give way to the clouds of an uncertain future. Two decades ago, the Thursday cattle market he runs in western Uttar Pradesh’s Banat saw traders troop in from faraway delhi and Bihar. Today, the...
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Stent prices: Firms, doctors got away with looting -Rema Nagarajan
-The Times of India NEW delhi: The Modi government's efforts to cap the price of cardiac stents exposed the nexus between stent companies and hospitals in looting the public by overcharging them. But no action has been taken against either companies or hospitals. None of them paid penalties or faced charges for colluding to cheat the public. Contrast this with the US government which has, over the years, fined the three biggest...
More »Banks have no liability for loss of valuables in lockers: RBI -Hary M Pillai
-PTI RBI says do not expect any compensation for theft or burglary of valuables in safe deposit boxes of public sector banks as the locker hiring agreement absolves them of all liability New delhi: Do not expect any compensation for theft or burglary of valuables in safe deposit boxes of public sector banks as the locker hiring agreement absolves them of all liability. This bitter truth was disclosed in an RTI response...
More »Developers in quandary as states not ready with Rera rules -Prabhakar Sinha
-The Times of India NEW delhi: Real estate developers across the country are in a quandary as the Centre has stopped them from marketing ongoing projects yet to be registered with their respective state's real estate regulatory authority (Rera), and most state governments are neither ready with rules under the new Act, nor have they created the authorities. In a written clarification to the National Real Estate Development Council (NAREDCO), the Union...
More »Kharif sowing acreage up 10%
-The Hindu Business Line Area under oilseeds and cotton up; pulses acreage slides New delhi: Notwithstanding a sluggish monsoon and farmer unrest in different parts of the country, agriculture is picking up momentum, with all crops other than pulses showing an upswing in the sowing area. According to data released by the Union Agriculture Ministry on Friday, there has been a 10 per cent increase in the area under cultivation so far, with...
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