RBI was completely blindsided on GDP numbers, forcing it to pare FY20 growth forecast by 0.8% points. RBI is also battling concerns that its regulatory supervision is lax after PMC Bank crisis. Central bank of one of the world’s largest economies must do better to retain people’s trust in it.
5 recusals in Gautam Navlakha case deserves an explanation from the judges
Judges are bound to avoid conflict of interest but five recusals in a single case deserve to be justified. The Gautam Navlakha case recusals are a fresh blow to judicial transparency after episodes of sealed envelopes and controversial transfers. The judges should explain their decision, not feed the judicial grapevine.
Bombay HC’s decision to allow felling of trees is the right one. Mumbai needs the Metro
The Bombay High Court’s dismissal of petitions to stop felling of 2,600 trees of Aarey Colony is the right call, and taken quickly. Because, Mumbai needs better infrastructure and much of the Metro has already been built — with clearances from the NGT, environment ministry, high court and the Supreme Court.