-Livemint.com Supreme Court directed the Centre to suspend the licenses of firecracker manufacturers and sellers and not hand out fresh licenses till further orders New Delhi: The Supreme Court on Friday banned the manufacture and sale of firecrackers in the national capital region (NCR) to stem air pollution in Delhi and neighbouring towns. A three-judge bench headed by T.S Thakur, Chief Justice of India, directed the Centre to suspend the licenses of firecracker...

-The Hindu Business Line Ensuring cash availability will be a challenge for banks, too Hyderabad: Come December first week, banks may face immense pressure in disbursing cash when customers withdraw their salaries credited in bank accounts. According to bankers, there will be pressure for all stake holders during December 1-7 when salaries are disbursed for government and private sector employees across the country. According to government data, the Centre’s total salary and allowances bill...

-The Hindu Report tabled in Parliament says Reliance gained Rs. 5,245 crore from the exemption. The Comptroller and Auditor-General (CAG) has castigated the Income-Tax Department for extending tax exemption amounting to hundreds of crores to several companies by inappropriately extending benefits available for infrastructure projects. In a report tabled in Parliament on Tuesday, the CAG said the biggest beneficiary was Reliance Industries Ltd. (RIL). “We noticed in eight cases in two States that the...

The term 'development' holds a positive connotation for most policymakers. However, there are examples abound, which indicates that development also cause enormous misery to the people, particularly the poor and the marginalized. Take for instance, the organizing of 2010 Commonwealth Games, due to which massive infrastructural development in the national capital was undertaken when Sheila Dikshit was the Chief Minister of Delhi. It has been estimated that almost 2 lakh...

-The Hindu The Supreme Court on Wednesday has refused to stay proceedings in cases filed in other High Courts and lower courts against the demonetisation of Rs. 500 and Rs. 1000 notes. A bench led by Chief Justice of India TS Thakur said the petitions in the various courts highlight "the different inconveniences highlighted in the various cases filed across the country, maybe some relief can be had by these people". Earlier, the...