Precious evolutionary living resources, natural infrastructure, are going extinct. While we thoughtlessly build artificial infrastructure, we forget that this kills natural infrastructure which took evolution aeons to create and cannot be engineered. We are missing the essential point that this is our lifeline on the planet. Forests, rivers, mountains, aquifers …
Read More »Monthly Archives: August 2018
Be wary of the non-demographer’s misconceptions on population and devolution of taxes
The differences in the size and share of population across States in India in 2011 as against that in 1971 have raised widespread apprehension regarding the disadvantage of States that have performed better in population stabilisation efforts while working out their share of funds. Such apprehension sounds premature because the …
Read More »To what end this exercise?
South Asia has seen many crises over citizenship. The Supreme Court must ensure there isn’t another one in Assam The ongoing crisis in Assam over the National Register of Citizens (NRC) is largely the creation of the Supreme Court. The final draft list of citizens, published on July 30, leaves …
Read More »Zydus Cadila gets USFDA nod for anti-bacterial drug
Drug firm Zydus Cadila said it had received approval from the U.S. Food & Drug Administration to market Azithromycin for Oral Suspension USP, used to treat bacterial infections, in the American market. The medication is used to treat respiratory infections, skin infections, ear infections and sexually transmitted diseases. The drug …
Read More »GST revenue in July rises to Rs. 96,483 cr.
“The total gross GST revenue collected in July 2018 is Rs. 96,483 crore, of which CGST is Rs. 15,877 crore, SGST is Rs. 22,293 crore, IGST is Rs. 49,951 crore (including Rs. 24,852 crore collected on imports) and cess is Rs. 8,362 crore (including Rs. 794 crore collected on imports),” …
Read More »Cabinet okays 51% stake for LIC in IDBI
The Union Cabinet on Wednesday gave its approval to the government’s decision to reduce its stake in IDBI Bank below 50%, with Life Insurance Corporation raising stake in the bank to 51%. The boards of IDBI Bank and LIC have both given their approval for the deal. This policy will …
Read More »Regulator bats for tech in policy pricing, risk assessment
An IRDAI working group on InsurTech has indicated support for the use of technology that aids in more scientific pricing of insurance policies and facilitates ease of business for both the insurer and the insured. On the use of wearable and portable devices, the group said the devices must be …
Read More »RBI flags ‘currency war’ risk to stability
Reserve Bank of India (RBI) Governor Urjit Patel has flagged the risks to macroeconomic stability from a potential ‘currency war’ in the wake of rising global trade tensions and said the central bank’s decision on Wednesday to raise interest rates was aimed at firmly anchoring inflation expectations. “RBI’s statements on …
Read More »Matuas in West Bengal up in arms
The Matua Mahasangha, a pressure group of the Namasudra caste, alleged that out of the about 40 lakh people who did not figure in the NRC, nearly 6 lakh were from the Matua sect. The Matua Mahasangha claimed about five crore Matuas, predominantly from Bangladesh, lived in West Bengal. 52 …
Read More »Supreme Court begins hearing on adultery law
With this, a five-judge Constitution Bench, led by Chief Justice of India Dipak Misra, began examining whether the pre-Independence provision of adultery (Section 497) treats a married woman as a commodity owned by her husband and violates the constitutional concepts of gender equality. The petition filed by Kerala-based Joseph Shine, …
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