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Masayoshi Son-led SoftBank Group on Wednesday revealed plans to sell nearly 242 million American depository receipts (ADRs) of Chinese behemoth Alibaba, that will help it gain 4.6 trillion yen ($34 billion) in pre-tax gain from the sale.   The Japanese giant, which saw massive losses...

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Jesse Eisinger (ProPublica) 10 August 2022
This story was originally published by ProPublica.   Law professor Lev Menand has a new book out on that strange institution, the Federal Reserve, what it does and how its power and responsibility have grown over time.   Menand is an associate professor at Columbia Law School...

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Vinita Deshmukh Vinita Deshmukh 02 August 2022
Hockey India, which petitioned against the central information commission’s (CIC's) order under the Right to Information (RTI) Act and was given time to reply with the stick that the CIC’s order in the meanwhile stands valid, has withdrawn its petition last week, thus paving the way for...

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Moneylife Digital Team 01 August 2022
China's embattled property giant Evergrande has failed to deliver a preliminary debt restructuring plan it had promised by July 31, leading to further concerns about the future of the world's most indebted developer, media reports said.   The real estate company's failure to meet its...

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Vinita Deshmukh Vinita Deshmukh 30 July 2022
In what can be termed as a brutal assault on the Right to Information (RTI) Act, the Central Drug Standard Control Organisation (CDSCO), which is the nodal authority for drug clearance, says it has no information on the World Health Organisation’s (WHO) suspension of the supply of Covaxin...

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Expectedly, the US Federal Reserve jacked up its benchmark overnight interest rate by 75 basis points in an effort to tamp down the bristling inflation genie virtually bursting out of the bottle.   The spike in inflation, highest since the 1980s, with "ongoing increases" in borrowing...

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The Delhi High Court (HC) on Wednesday dismissed an appeal challenging the central information commission (CIC) order which denied details of the Supreme Court collegium meeting held on 12 December  2018, in connection with the appointment of judges in the apex court.   Chief justice...

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The Supreme Court on Monday asked Congress leader Randeep Singh Surjewala to move a competent high court with the plea challenging the Election Law (Amendment) Act, 2021, enabling linking data of electoral roll with the Aadhaar ecosystem.   A bench of justices DY Chandrachud and AS...

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Uttam Kumar Verma (The Leaflet) 25 July 2022
The government, by pushing towards privatisation and disinvestments of public sector assets, does not aid public prosperity, especially that of people with disabilities. ——   THE Narendra Modi-led Union Government professes the credo of ‘minimum government, maximum governance’,...

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The Delhi High court on Friday reserved the judgement on an appeal challenging the Central Information Commission (CIC) order which denied details of the Supreme Court Collegium meeting held on December 12, 2018, in connection with the appointment of judges in the apex court.   The...

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The Cyberspace Administration of China (CAC) on Thursday fined ride-hailing company Didi Global $1.18 billion after a year-long probe that found the company breaking data security and personal information protection laws.   Senior executives Will Cheng Wei and Jean Liu Qing were each...

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Moneylife Digital Team 20 July 2022
Unique Identification Authority of India (UIDAI), which has been tasked to provide 'unique' ID numbers to citizens, has cancelled nearly six lakh Aadhaar for being duplicate as of 31 May 2022, the Lok Sabha was informed.    Responding to a question, Rajeev Chandrasekhar, minister of...

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Vinita Deshmukh Vinita Deshmukh 20 July 2022
In the country’s first ever jansunwai (public hearing) of this kind, held in Patna recently to address the 20 gruesome killings of right to information (RTI) activists in Bihar, it was amply clear that the law enforcing authorities and the state government are totally indifferent to pursuing...

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Vinita Deshmukh Vinita Deshmukh 13 July 2022
At a crowded public hearing, on the attacks on the Right to Information (RTI) Act users in Bihar held at Patna on Tuesday, where families of 15 slain RTI activists had gathered to express their grievances, it is clear that the whistle-blowers, who sacrifice their lives for demanding public...

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Uri Blau (ProPublica) 13 July 2022
This story was originally published by ProPublica.   The cybersecurity firm has invested heavily in top lobbyists and law firms in an effort to lift restrictions on doing business in America. NSO is hoping the Israeli prime minister will raise the issue with Joe Biden when the two...

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Heathrow Airport on Tuesday introduced an unprecedented 100,000 limit on daily departing passengers until September and ordered airlines to stop selling summer tickets as airports battle against a staffing crisis, the media reported.   The dramatic move will impose a maximum limit on...

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Andrea Suozzo (ProPublica) 12 July 2022
This story was originally published by ProPublica.   The Family Research Council (FRC), a staunch opponent of abortion and LGBTQ rights, joins a growing list of activist groups seeking church status, which allows organizations to shield themselves from financial...

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A sensational leaked trove of internal Uber documents has revealed the dark side of the ride-hailing platform, that allegedly broke laws and secretly lobbied governments as it planned to expand globally.   According to The Guardian that accessed 'Uber Files' with over 124,000...

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Students of economics, around 2005, would distinctly remember the book Freakonomics: A Rogue Economist Explores the Hidden Side of Everything by Levitt and Dubner. A bestseller of its time, the book was a phenomenon, igniting young minds to think out of the box, offering compelling and...

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Japan's former Prime Minister Shinzo Abe died on Friday after he was shot while addressing an election rally in the city of Nara, according to state media. "Officials say former Japanese Prime Minister #Abe Shinzo has been confirmed #dead. He was reportedly #shot during a speech on...

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