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NEWS 
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Govt appoints non-official directors on boards of various banks
The government has appointed Non-Official Director (NOD) on the board of these banks for three years
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Cash support to Covid-hit economy with fiscal consolidation in focus: Govt
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Centre cuts duty on refined oils, extends import tenure of pulses
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FEATURES
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Analysts see RBI remain accommodative, hold rates in June 4 policy review
In April, the six-member monetary policy committee had voted unanimously for a status quo on the key rates
Economic Indicators
| YoY (In %) | Current | Qtr Ago | Yr Ago |
|---|---|---|---|
| Inflation (31/05) | 12.94 | 4.17 | -3.21 |
| IIP (30/06) | 13.60 | -3.43 | -16.60 |
| GDP (30/06) | 20.10 | 0.50 | -24.40 |
| CPI (31/07) | 5.59 | 4.23 | 6.93 |
| CRR (01/10) | 4.00 | 4.00 | 3.00 |
| Bank rate (01/10) | 4.25 | 4.25 | 4.25 |
Editorial Comment
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Plastic pollution
Penalise violators, incentivise the unorganised sector
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The limits of unicorns
Start-ups cannot be a growth engine for the Indian economy
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Power politics
Violence in politics is gaining a dynamic of its own
COLUMNISTS
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Insolvency proceedings in slow motion
C K G Nair & M S Sahoo
Processes like pre-packaged insolvency resolution and mediation and conciliation, which are not adjudication-intensive, may be encouraged
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Managing the spending bulge
A K Bhattacharya
Is the post-Covid rise in govt expenditure sustainable?
POPULAR NOW
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Husband-and-wife team worth Rs 4,400 cr after MapmyIndia's market debut
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No Cabinet decision on privatisation of two PSBs: FM Sitharaman
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Stocks to Watch: Metro Brands, RIL, IOC, HCL Tech, MCX, JSW Energy, Yes Bk
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Sensex ends 612pts higher; RIL, L&T shine; Metro Brands gains 17% from low
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Omicron variant three times more transmissible: Centre warns states
BUSINESS LAW & TAX
From Basmati rice cultivation to mining licences, here're key court orders
Bombay High Court last week ruled that once an arbitrator is appointed at the request of a disputing party and he recuses from the post, the ...
Tax forgone is not a loss of revenue
For promoting export, small-scale industry, education, health care and giving subsidies for the poor and the middle class in transport, ...
The RTI Act: RBI may need to rework communications strategy after SC order
RTI experts are elated with the apex court's latest order that emphasised on the RBI's statutory duty to uphold the interests of the ...
Sebi's new differential voting rights rules may hurt minority shareholders
Sebi has proposed dual-class share framework with superior voting rights, where a certain share will have higher voting power than an ordinary ...
New norms for taxing MNCs: Why amending rules on profit attribution matters
MNCs with business operations in India should review the implications of the recommendations on their business models, as well as consider any ...
David vs Goliath: Battle lines drawn between Hotel Leelaventure and ITC
The brewing corporate battle between ITC Ltd and Hotel Leelaventure would put the spotlight on the rights and the responsibilities of a player ...
