PM goes into a huddle with Jaitley, Shah over slowdown
A day after promising to take all necessary steps to revive the economy and fix the problems faced by businesses on account of the switch over to the Goods and Services Tax regime, Prime Minister Narendra Modi held extensive talks with BJP president Amit Shah and Finance and Corporate Affairs Minister Arun Jaitley on Thursday.
Rajasthan Cabinet nod to change pasture land use
In a controversial decision, the Rajasthan government has paved the way for con- version of the pasture land for mining and other infra- structure activities by allow- ing surrender of an equal area of land anywhere else in the district.
Gauri Lankesh named for Anna Politkovskaya Award
Journalist-activist Gauri Lankesh, who was shot dead by unknown assailants on September 5, has been posthumously given the prestigious Anna Politkovskaya Award instituted by Reach All Women (RAW) in War.
NGT stays Kaleshwaram project, Telangana to move SC
The Telangana government has decided to file an appeal in the Supreme Court seeking vacation of the stay imposed by the National Green Tribunal (NGT) on the ongoing work on Kaleshwaram project.
A.P. signs MoU with Mastercard
The Andhra Pradesh government on Thursday entered into a memorandum of understanding
Austen, Kafka and Proust combine to form Ishiguro
The English novelist Kazuo Ishiguro, known for his spare yet emotionally resonating prose style and his inventive subversion of literary genres, was awarded the Nobel Prize in literature on Thursday.
Norms to curb fund diversion mooted
Audit committees should monitor the flow of funds to unlisted subsidiaries, including those established over- seas, while listed entities should put in place proper regulatory framework while sharing unpublished price- sensitive information with promoters or any other significant shareholders, the Securities and Exchange Board of India’s panel on governance has proposed.
India disputes ILO’s modern slavery report
The government has written to the International Labour Organisation (ILO) challenging a recent study on “modern slavery” conducted by the Australia-based Walk Free Foundation (WFF) on behalf of the global body. The report does not mention India.
Punjab, Haryana CMs in war of words over Honeypreet
A war of words broke out on Thursday between the Chief Ministers of Punjab and Haryana following the arrest of Honeypreet Insan, the adopted daughter of Dera Sacha Sauda chief Gurmeet Ram Rahim, who has been jailed on two counts of rape.
GST Council gives relief to exporters, small businesses
In what should come as relief to exporters and small businesses, the GST Council on Friday announced a slew of decisions to reduce their compliance burden, including the eventual setting up of an e-wallet for input tax credits for exporters, and the option for small businesses to file returns and pay taxes only once a quarter.
SC lifts veil on Collegium Recommendations
In transparency, the Supreme Court Collegium, headed by Chief Justice of India Dipak Misra, has resolved to go public with all its recommendations to the government on judicial appointments, transfers and elevations to the High Courts and the Supreme Court.
Navy thwarts piracy attempt in Gulf of Aden
Indian Navy on Friday foiled a piracy attempt in the Gulf of Aden. “Stealth frigate INS Trishul thwarted a piracy at- tempt on Indian registered merchant vessel Jag Amar around 12:30 p.m. on Friday,” Navy spokesperson Capt. D.K. Sharma said.
5,800 companies with 13,140 suspicious accounts
The Union government on Friday said the post-demon- etisation transaction data from 13 banks cast suspicion on 5,800 companies with 13,140 bank accounts. The Registrar of Compan- ies struck off 2,09,032 companies from its lists earlier this year on the suspicion that they were shell companies.
Trump set to decertify Iran nuclear agreement
The Iran nuclear deal between Tehran and six world powers reached in 2015 appears to be in jeopardy as President Donald Trump is unlikely to issue a certification mandated by a U.S law for the country’s continuing participation in the agreement.
SEBI panel’s governance report the mark: Goyal
Coal and Railway Minister Piyush Goyal has raised concerns about some of the recommendations made by the committee on corporate governance led by Kotak Mahindra Bank executive vice chairman Uday Kotak, which submitted its report to the market watchdog SEBI on Thursday.
To regain post-merger ‘lost ground’ soon: Bhattacharya
Arundhati Bhattacharya, the outgoing chairman of the State Bank of India (SBI), said the task of trying to re- vive loan growth remained her biggest unfinished task, even as she expressed optimism that the lender would re- gain any business lost in the course of the April 1 merger with associate banks by the end of this fiscal year.
RIL exits Pennsylvania shale assets for $126 mn
Reliance Industries Limited (RIL) has decided to exit all of its interest in certain up- stream shale assets in north- eastern and central Pennsylvania.
Tri-service integration or consolidation
While India is looking forward to a jointmanship of the three services, recent statements by the defence forces have highlighted disturbingly situation between the forces. Only recently the Vice Chief of Air Station, Air Marshal S.B. Deo stated that the jointmanship is a way of utilisation of resources. He also stated that one cannot just merge the three defence forces into another. Statements like only signify another round of inter-service turf tussle and also a delay on the horizon on important decisions on the tri-service integrations. It also raises the questions on whether there would really be a tri-service integration or a consolidation. India at this point needs a Chief of Defence Staff to handle proper functioning of the three defence services and their collaboration in various operations. India being a land country has constant threats from the northern and the western borders. With the new recent incursion and standoff by the Chinese, the country now needs to prepare for swift action and agility from the three forces instead of squabbles amongst them which will be only headed and guaranteed by a Chief of Defence Staff.
Law, Faith, Unreason
The recent law by Karnataka aiming at curbing black magic and inhuman practices can be termed as a social reform. However, just legislation is not enough to tackle the practices- the reforms should be actually implemented and evaluated that I doesn’t violate the individual rights of a person. The Karnataka Prevention and Eradication of Inhuman Evil Practices and Black magic Bill 2017 is duly approved by the State Cabinet and would be soon introduced by the Assembly. Though it is not an anti-superstation bill exactly, it seeks to duly prohibit the actions which offend human dignity and gruesome rituals in the name of religious practices. In proper implementation of the law, it should identify the thin line between religious traditions and superstitious practices. There are many reports of disturbing social practices which cause harm to people. Practices like walking on fire, branding children and gruesome piercings cannot be just covered by the general law. The new legislation aims at covering practices like these. In addition to the restrictions, the legislation should also aim at curbing the practices through education as only education and awareness are the two keys to liberate a society of all superstitions and abominable practices.