-Hindustan Times A new report examining 25 years of India’s economic liberalisation says exclusion of a large section of Dalits and Muslims have not gained adequately from the growth unlike more influential empowered sections of the society As India’s economy grew rapidly, the inequality between the richest and the poorest rose, the number of landless farmers increased and employment generation was lowest in 2015, says a new report examining 25 years...

-The Times of India NEW delhi: India's central biotech regulator, Genetic Engineering Appraisal Committee (GEAC), on Thursday cleared the genetically modified (GM) Mustard for commercial cultivation and recommended its approval to the environment ministry. The fate of this transgenic variety of oil-seed will now be in the hands of the MoS environment Anil Madhav Dave who may either accept it, reject it or sit over the file till the Supreme Court takes...

-The Hindu Business Line Central bank says specified bank notes yet to be reconciled with the physical cash balances   New delhi: Even six months after the demonetisation exercise, the Reserve Bank of India is yet to complete the accounting of the withdrawn Rs. 1,000 and Rs. 500 notes. The RBI has admitted as much in a 15-page response late in April to questions from the Standing Committee on Finance, headed by veteran Congress...

-The Hindu Business Line Need to assess impact of demonetisation on banks, says ICAI chief Vikamsey New delhi: The CA Institute has urged the Finance Ministry and the Reserve Bank of India (RBI) to allow its members to undertake focused “special audit” of deposit flows into the banking system during the demonetisation period, which started on November 8 and ended on December 31 last year. There is a need to assess the demonetisation...

-The Telegraph New delhi: The Union home ministry has asked nearly 6,000 of the 13,000 registered NGOs in the country receiving foreign donations to open accounts in nationalised banks to facilitate constant surveillance of their activities. The NGOs have accounts in cooperative banks or state-owned banks, which do not have core-banking facilities. "To maintain surveillance on the activities of NGOs receiving foreign funds, the ministry wants all NGOs registered under the Foreign Contribution...