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The 50-word Edit — ThePrint view on the most important issues, instantly.

Ten months back, ICICI Bank gave a clean chit to its then CEO Chanda Kochhar in the Videocon loan scandal. Now, it has sacked her with retrospective effect after a probe found she’d violated the bank’s code of conduct. The bizarre U-turn only diminishes the credibility of both decisions.

Unemployment data is egg on govt’s face. It will be hard to wipe away

NSSO data, it’s been reported, shows joblessness at a 45-year high under the Modi government. The government allegedly tried to hide these numbers, leading to the resignation of two independent members of the statistics commission. This is serious egg on the government’s face and will be tough to wipe away.

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