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SEBI has suggested amendments in ICDR to streamline the role and accountability of promoters and bring Indian law in line with international standards.

The council of ministers of the government of West Bengal, in its first meeting on May 17, 2021, took the decision to set up a legislative council. In its manifesto, the Trinamool Congress had promised the formation of the council.

The state government’s decision to set up an upper house is a strategic move made by Chief Minister Mamata Banerjee to augment her unfulfilled political and business interests.

The centre has left states to buy vaccines in the open market. This is not co-operative federalism at all. Instead, India should practise the principle of subsidiarity so that fast action is taken at the local level.

The Kenya High Court extending the basic structure doctrine is people-centred rather than State-friendly. It prescribes a constitutional disciple and responsibility on the executive and legislature, even in a system providing referendum for ultimate constitutional change

Provisions in the Act can be used to provide for compulsory licensing. This will allow the centre, without the permission of the patentee, to use a vaccine for a national emergency at affordable prices.

Modi’s belated recognition of the spread of the scourge into rural India which until now had appeared to escape the surges of the epidemic was a better late than never phenomenon. But will it lead to the Herculean cleansing of the Augean Stables that is needed to set the country on a course of relentless nation-building under the guidance of good governance?

The recent resuscitation move by the Reserve Bank of India may not be enough to help small businesses stay afloat. A petition filed in the Supreme Court wants a fresh moratorium on interest on bank loans.

With the second wave of Covid-19 putting further stress on the economy, the Reserve Bank of India has launched measures to enhance fund flow for the healthcare sector and inject more liquidity into the system. Will they help?

I shared a warm and cordial friendship with this votary for human rights and multi-faceted personality. He not only protected the freedom to dissent but practised remarkable hospitality to public criticism.