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Indian Express December 03, 2019 Published By: Anonymous Hafiz Saeed is the founder and leader of the Islamist terrorist organisation Lashkar-e-Taiba (LeT) that follows the Ahle-Haith interpretation of Islam An anti-terrorism court in Lahore on Saturday announced that it would indict Jamat-ud Dawa (JuD) chief and Lashkar-e-Taiba (LeT) founder Hafiz Saeed and other leaders of his outfits who were booked this July under charges of terror financing. The  indictment will take place on December 7 . Under pressure from the international community, Pakistan has been trying to investigate matters pertaining to the functioning and funding of the LeT, its charitable wing the JuD and its other branches in a bid to convince Paris-based watchdog, the Financial Action Task Force (FATF), that it is taking enough steps to stop terror financing. At the moment, Pakistan has been placed in FATF’s grey list, making it difficult for the country to raise money on the bond market Hafiz Saeed

Hindustan Times December 02, 2019 Published By: Rajeev Jayaswal In order to have a comfortable fiscal position, government needs an average monthly collection of at least Rs 1 lakh crore, and November’s receipts – at Rs 1,03,492 crore – is a sign of a recovery. Collections from the Goods and Services Tax (GST) rebounded above the Rs 1 lakh crore benchmark in November, government officials said on Sunday, attributing an increase in voluntary compliance and a government stimulus package for an increase in receipts that had contracted for two consecutive months. According to experts, in order to have a comfortable fiscal position, the government needs an average monthly collection of at least Rs 1 lakh crore, and officials said November’s receipts – at Rs 1,03,492 crore – is a sign of a recovery in the country’s economy, which logged its worst quarter of growth in six years in the three-month period ending September. “This is the eighth time since the inception of GST in

Hindustan Times December 2, 2019 Neeraj Chauhan Pakistan-based Jaish-e-Mohammed (JeM) planned more attacks after the February 14 Pulwama car bombing, some particularly in the National Capital Region (NCR), according to the National Investigation Agency (NIA), which said that one of the operatives of the terror group carried out reconnaissance in Delhi. The claim is part of the charge sheet filed before an NIA court in Delhi on September 16 against alleged JeM members Sajjad Ahmad Khan, Tanvir Ahmad Ganie, Bilal Ahmad Mir and Muzzafar Ahmad Bhat. Khan was arrested in March from Old Delhi and he allegedly  carried out reconnaissance near critical government facilities  such as South Block and Central Secretariat and areas like Delhi’s Civil Lines, BK Dutt Colony, Kashmere Gate, Lodhi Estate, Mandi House, Daryaganj as well as in Ghaziabad. The arrest of the other three followed that of Khan. HT has reviewed the charge sheet against them, which is yet to be made public.

Business Line November 29, 2019 Published By: Sudhir Mehta Domestic manufacturing should be given a fillip by creating mega plug-and-play industrial parks through PPP mode.  Global trade wars have been making headlines almost every day in recent times. Uncertainty is looming over both developed as well as emerging economies making economic survival and viability unpredictable. In its quest to become a self-sufficient nation, promote domestic production and discourage imports, the government has been aggressively promoting the ‘Make in India’ initiative. Being a self-sufficient nation is an ideal situation but requires active government intervention and support. The MSME sector, considered to be the engine of growth for any nation, is currently facing multiple challenges in India. Absence of adequate and timely organised finance, limited knowledge, non-availability of suitable technology, high cost of credit and over-regulation are factors impeding growth of this se

Business Line December 01, 2019 Published By: Ashima Goyal In order to reverse the growth slowdown, we need to look beyond the repo and focus on liquidity-enhancing interventions,  Term premium , Credit risk,  Bank loan rates Inflation targeting is meant to allow policy counter-cyclicality, but it has been implemented as a structural reform. Macropolicy must become counter-cyclical now. The temporary spike in food items driven by prolonged rains and floods can be looked through by a flexible inflation targeter, especially as growth falls much below potential. Core and wholesale price inflation remain much below 4 per cent, and the headline CPI is also likely to come back towards 4 per cent. In no case is it expected to breach the RBI’s target band. In the long run, core inflation affects the household’s inflation expectations more. Raising domestic demand is the priority. There remains room to cut as weak demand reduces the neutral real rate. Moreover, global condi

Business Line December 01, 2019 PUBLISHED BY : D Ravi Kanth The decision is seen as a move to placate the US to keep the Appellate Body afloat In an unusual development on Friday, 163 countries agreed to make comprehensive changes to the rules governing the resolution of trade disputes merely to placate one member — the US — for keeping the Appellate Body afloat, trade envoys said. The Appellate Body, which is the highest adjudicating court for global trade disputes will become dysfunctional on December 11 when it will be reduced to one member from the mandatory minimum of three members. The US has blocked the selection process for filling six vacancies at the AB for the past two years. To appease the US, a draft General Council decision with comprehensive changes in the rules governing dispute settlement understanding was finalized on Friday. The draft decision makes several amendments to the rules in the DSU as per the US’ demands. At the informal meeting of trade