-India Spend Mumbai: Private entities cannot demand Aadhaar data to authenticate identity. Individuals must be allowed to file complaints against the use of their data. Information can be accessed for matters of national security only when a judicial officer such as a sitting High Court judge has sanctioned it.   These were the highlights in a series of landmark rulings by India’s Supreme Court as it ruled against the use of an...

-Livemint.com The problem escalated due to the government’s focus on infrastructure during 2002-09, especially with the efforts made to promote public-private partnerships The past two years or so have seen rapidly increasing stress in the Indian banking sector, with non-performing assets (NPAs) steadily climbing from under 3% to over 13% of total assets. Loan-loss provisioning for NPAs has seriously eroded the capital base of several banks, limiting their ability to make further...

-Hindustan Times Election Commission of India (ECI) is outgunned when it comes to confronting those who circumvent existing campaign finance rules and lacks power to sanction candidates. It is a truism to note that political finance sits at the heart of corruption in modern India. While politicians publicly lament the status quo, they privately profit from the current system. Therefore, the fact that the Narendra Modi government has made reforming political finance...

-The Times of India NEW DELHI: The government's ambitious crop insurance scheme has proved to be a jackpot for insurance companies last year, which collectively earned 85 per cent profit (after excluding administrative and reinsurance expenses) during the 2017-18 kharif season. Kharif is an Indian cropping season which extends from July to October. 17 insurance firms (5 public and 12 private) empanelled under the Pradhan Mantri Fasal Bima Yojana (PMFBY) registered a...

-The Indian Express The problem is under-employment. It won’t be resolved if the residually-employed are notionally shifted from the informal to formal sector. In an article in January, Soumya Kanti Ghosh and Pulak Ghosh (Ghosh and Ghosh) claimed that seven million new jobs have been created in the formal sector. Their claim is based on the increase in registration under the Employees Provident Fund (EPFO), National Pension Scheme and Employees State Insurance...