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By Sujit Bhar With the world accusing China of the Coronavirus pandemic—it was originally called the Wuhan virus in some circles, including in India—there was a race among countries, especially Japan, to pull major industries out of China. Part of this campaign was led by the erstwhile US President Donald Trump. At that time, almost exactly a year back, it was touted that India could benefit from this international animosity towards China. It was rumoured that if India manages to draw companies pulling out of China to India, it would be a massive win-win for the country. India completely lost that opportunity, and soon its own shores were ravaged by the virus, with people dying on the streets and in hospitals, with the economy going into a deep slide alongside. We were not prepared and we did not show any determination to make the best out of a bad situation. We were rather blind. As the Coronavirus is under control in China, and even as a tottering India tries to find level-headed ...

By Shivanand Pandit As the legality of crypto-currency is vague, the Reserve Bank of India (RBI) is working on bringing out a Central Bank Digital Currency (CBDC). After four years of an inter-ministerial committee’s recommendation to launch fiat money in digital style, the RBI has said that preliminary plans to check its feasibility may be launched soon. In fact, according to a study by the Bank of International Settlements (BIS), 86 percent of central banks all over the world are examining and researching CBDC and 60 percent are presently experimenting with it, while 14 percent are in the initial testing stage. In India, RBI Deputy Governor T Rabi Sankar reportedly said that the central bank was working towards a phased execution plan for its own digital currency and would introduce it in the wholesale and retail sectors shortly. He also said that central banks have enhanced their care on digital currencies and their launching will help reduce the use of cash in the economy and le...

The Punjab and Haryana High Court on Thursday granted bail to a person accused of praising a head of a Dera head and praying for his early release while performing ardas at a gurdwara. A single-judge bench of Justice Avneesh Jhingan passed this order while hearing a petition filed by Gurmail Singh. The Petition is filed under Section 439 CrPC for grant of regular bail in FIR dated May 20, 2021 under Section 295-A of IPC (Section 120-B of IPC was added later on), registered at Police Station Sadar Bathinda, District Bathinda. The Petition said the FIR was the result of a complaint made by Harpal Singh Khara alleging that ardas (prayer) was made in the gurdwara praising the head of a Dera and for his early release. It was stated that religious sentiments of a particular community were hurt with the making of such ardas. As per the case setup, there was video recording of ardas which was circulated on social media. There is an allegation of conspiracy between the petitioner and Sukhpal...

The Supreme Court recently struck down an amendment to the Financial Act, 2017, which says that a person below 50 years cannot be appointed chairperson or member of the Tribunals, by invoking independence of the judiciary. A three-judge bench by a majority of 2:1 declared that certain portions of Section 184 of the Finance Act, 2017, as amended by the Tribunal Reforms (Rationalisation and Conditions of Service) Ordinance, 2021, are unconstitutional and inoperative. Section 184 consists of provisions relating to the qualifications, appointment, etc., of the chairperson and members of tribunals. The majority was formed by Justice L Nageswara Rao who delivered the leading opinion, while Justice S Ravindra Bhat carved a separate concurring opinion. Justice Hemant Gupta wrote a dissenting opinion. The judgment was given after a PIL was filed by the Madras Bar Association, which challenged the Tribunal, Appellate Tribunal and other Authorities (Qualifications, Experience and other Conditio...

The Delhi High Court on Friday deferred to August 27, hearing on the appeal filed by WhatsApp and its parent company Facebook, challenging the order passed by the Single-Judge Bench, wherein the Single Judge refused to interfere with the Competition Commission of India’s probe for investigation against the platform’s new privacy policy. The development came in light of Additional Solicitor General Aman Lekhi, appearing for CCI, requesting for a short accommodation before the Bench of Chief Justice D.N. Patel and Justice Jyoti Singh. Senior Counsel Harish Salve, representing WhatsApp, did not object to the adjournment sought, upon condition that CCI grants further time to the messaging platform to reply to the notice issued by the CCI. “If they don’t insist on a reply for fifth and they agree to extending that   time, I have no problem….It can’t be that for convenience the matter is adjourned and my interim application becomes infructuous,” he s...