-MoneyLife.in A news item published in the Business Standard on “New draft rules set to clamp down on CSR activities through trusts”  has caused mass panic and pandemonium since morning. While it is good to be vigilant and leave no scope for ambiguity and address any vagueness in the language of the proposed new Rules (while we still can), let’s not get unduly alarmed either. There is time and adequate scope...

-The Indian Express In 2004, a former bank executive started his own bank. As it grew, courting corporates, lending aggressively and dodging referees, the bad loans grew too. Until one day, the bank went belly up. The Indian Express on how the story of Yes Bank and Rana Kapoor is of warning bells that went unheard. After providing services to Yes Bank for years, a vendor was keen to terminate the contract....

-Hindustan Times They are a valuable tool for improved discoms. But they can’t solve what are fundamentally governance failures Much has changed in the electricity sector in the last few years. Electricity generation capacity is now surplus after years of deficits, and the price of solar power has fallen by 70%. But one thing that has barely changed is the performance of the electricity distribution companies (discoms), which continue to bleed Money....

-The Tribune Political psychologist Ashis Nandy, a pioneer of Indian critical thought, has over the years delved into areas other than routine academic concerns. Honorary Fellow at Centre for Studies of Developing Societies, New Delhi, Nandy is currently working on genocide. In an interview to The Tribune, he speaks of the psychology of rioters, the anatomy of violence and challenges of identity politics. Excerpts: * Delhi just witnessed a riot. What makes...

-The Indian Express Capping withdrawals for Yes Bank depositors is foolish for two specific reasons, particularly when the economy is floundering with growth rates of around 5%. On March 5, the RBI imposed a cap of Rs 50,000 on withdrawals by Yes Bank depositors. A day later, Finance Minister Nirmala Sitharaman assured depositors that their Money was safe. In the days and weeks running up to the RBI decision to supersede the Yes...