A Despondent Europe
It may be quieter now but the fires that burned France for the past few days have been simmering for years. It is a dangerous situation, one that can explode anytime.
It may be quieter now but the fires that burned France for the past few days have been simmering for years. It is a dangerous situation, one that can explode anytime.
Video: Prof Aruna Roy & Nikhil Dey | Social Security, Law & Public Policy | Distinguished Lecture | Day 9 LPPYF Law and Public Policy Youth Fellowship LPPYF Law and Public Policy Youth Fellowship | An Online National Summer School Program…
The Supreme Court of India appointed Committee (Expert Committee (EC)) on
the Adani-Hindenburg issue submitted its Report on May 9, 2023. It
disappoints because it chose not to go deeper into issues that hold back the
nation from achieving its full potential. It hides behind the technicality of
Securities and Exchange Board of India (SEBI) following the currently applicable
rules that prevent it from investigating the real issues raised in the Hindenburg
Report. Therefore it concludes that there was no regulatory failure.
The way to make AT1 bonds attractive again is to clarify the insurance-linked role that sets them apart from pure debt, revert to valuation as per the time period of call options, and vastly improve banking supervision via enhanced management of banking data.
Indian agriculture is a gamble on the Monsoon. This cliché would have been sufficient ground for the Goods and Services Tax authorities to slap a tax of 28 per cent on the value of crop output if agriculture had not been kept out of the ambit of GST.
None of the arguments that the RBI has given to justify the demonetisation move are valid.
In a sudden though not unexpected move, currency notes of the denomination Rs 2,000 are being withdrawn from circulation. This is announced via a notification released by the Reserve Bank of India and not the government (as at the time of demonetisation). These notes are not being withdrawn from circulation, but actually, they will stop circulating right away given that they will have to be deposited in a bank or exchanged for lower denomination notes.