Monthly Archives: November 2018

Dharmapuri bus burning convicts set free

Governor clears request for release of 3 AIADMK men Three AIADMK men, serving life sentences for setting ablaze a bus in Dharmapuri resulting in the death of three girls of the Tamil Nadu Agricultural University (TNAU), were granted remission and set free from the Vellore Central Prison on Monday. Jayalalithaa …

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If you dump garbage, be ready to go to court

Though the fine is not more than Rs. 500, police hope the legal process will act as a deterrent If the beat policeman catches you dumping garbage on the roads, be prepared to go to the court to battle charges of “spreading disease”. In the past 10 days, as many …

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Govt., RBI call truce after a marathon board meeting

Expert panel to review economic capital framework for future earnings The tension between the government and the Reserve Bank of India (RBI) appeared to have defused for the time being with both agreeing to settle for a middle ground at the end of an over nine-hour board meeting on Monday. …

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Defaulters list: CIC pulls up PMO

Severely admonishing the RBI and the PMO, the Central Information Commission has again directed them to disclose the list of wilful defaulters and former RBI Governor Raghuram Rajan’s letter on bad loans. The panel pulled up the PMO for not complying with its directive to disclose the letter from Dr. …

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Rupee fall boosts apparel exports

Total textile and apparel exports grew 38% in October The textile and apparel sector seems to have seen a revival, going by export performance in October this year. Apparel exports grew 54% in rupee terms in October compared with the same month last year; in dollar terms it was 36% …

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Genome study on teas at advanced stage

Research will unravel the specialities of Assam teas, says an official A genome study project initiated by the Tea Board of India, to establish the origins and speciality of Indian teas, has now reached an advanced stage. The study is being conducted on Assam teas to establish it as a …

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GST, a game-changer reform for logistics sector

In pre-GST era, the industry was struggling to add value to its customers, compared to global peers It has been 15 months since the rollout of what is considered one of India’s biggest tax reforms — the Goods and Services Tax (GST). But, we are already witnessing a major positive …

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In case of a split vote, Governer holds the ace

Section 13 of the RBI Act gives Governor the deciding vote Monday’s meeting of the Reserve Bank of India’s Central Board will be as important for the actions taken as for the fact that it’s the first time the body has met since the ‘RBI vs Finance Ministry’ tussle broke …

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