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IAS officer Kannan Gopinathan resigns over 'lack of freedom of expression' -SR Praveen

-The Hindu “We got into the service thinking that we can provide voice to people, but then we ended up with our own voice being taken away from us,” said the Kerala-born IAS officer THIRUVANANTHAPURAM: IAS officer Kannan Gopinathan from the AGMUT cadre, who came into the limelight for his anonymous participation in the flood relief efforts in Kerala last year, has resigned from service. The officer, who has been serving as...

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Is the current slowdown cyclical or structural? -Deepti Mathew

-IANS While there is a consensus that the economy is slowing down, the debate is still going on whether the slowdown is structural or cyclical. The Indian economy is passing through a phase of economic slowdown, with the GDP growth registering one of the lowest rates of 5.8 per cent in the last quarter of FY19. The GDP growth rate for the first quarter of FY20 is feared to be lower than...

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Citizens left out of NRC will not go to jail at once -Vijaita Singh

-The Hindu They can explore all legal options. None of the persons excluded from Assam’s National Register of Citizens (NRC) to be published on August 31 will be immediately put in detention centres, a senior Government official said. The official clarified that any decision would be taken only after the excluded applicants have exhausted all legal options, like the Foreigners Tribunals (FTs), the High Court and the Supreme Court. He said a section of...

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Need to eliminate distrust within private sector, 'extraordinary' steps needed: NITI Aayog on slowdown

-The Indian Express Explaining the origins of the present economic situation, the Niti Aayog vice-chairman said: "The entire episode started with indiscriminate lending during 2009-14 leading rise in non-performing assets (NPAs) post-2014." The Centre’s policy think tank Niti Aayog stated Thursday that the prevalent slowdown in the country’s economy is due to the distrust amongst the private sector where the credit situation is stagnant. “Nobody is trusting anybody else… within the...

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Govt withdraws super-rich surcharge on foreign, domestic equity investors

-PTI NEW DELHI: Buckling under pressure from overseas investors, the Government on Friday rolled back the enhanced surcharge imposed on foreign portfolio and domestic investors in Budget 2019-20 as it announced a slew of measures to boost sagging economic growth. "In order to encourage investment in the capital market, it has been decided to withdraw the enhanced surcharge levied by Finance (No.2) Act, 2019 on long/short term capital gains arising from the...

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