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Must Read News Articles – December 30


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The Hindu


Front Page / NATIONAL


Centre forms panel on arbitration hub: The Centre has constituted a high-level committee, led by the former Supreme Court judge B.N. Srikrishna, to draw a road map to make India a global arbitration hub.

Wage payment through banks ordinance gets President’s nod: Ordinance empowers Centre or State governments to specify industries or establishments where wage payments can be made mandatory through the banking system.


Editorial/OPINION


Peace on track in Colombia: A referendum to ratify a painstakingly negotiated peace deal it had signed with the long-time insurgent organisation, the Revolutionary Armed Forces of Colombia (FARC), was narrowly defeated.

Notes to remember: If three-quarters of the population in an advanced economy like the United States appear to either favor cash payments or a mix of both cash and non-cash payments while making purchases, how challenging will it be for a developing country like India to transition to a so-called cashless economy?


ECONOMY


‘Banks likely to remain risk averse’: Lenders’ capital position may remain insufficient to support higher credit growth, says RBI.

Financial data management body mooted: A committee set up under the Department of Economic Affairs has recommended the creation of a statutory body that will standardise data from all financial sector regulators in a single database and provide analytical insights based on the data.

Centre meets PMUY target of 1.5 crore LPG connections: The government on Thursday said that it had met the 1.5-crore target for LPG connections to be added in this financial year under the Pradhan Mantri Ujjwala Yojana (PMUY) and therefore increased LPG coverage across the country to 70 per cent.


Indian Express


History and 50 days: With demonetisation, PM risked political capital, people took leap of faith — shoddy execution does disservice to big idea.

Poor swiped out in choice-less, not cash-less, society: For the poor, with little cash in the first place, digital promises to ‘swipe’ them out, before their marginalisation is even addressed.


Live Mint


A Middle East peace agenda for 2017: Middle East conflicts are affecting the world by exporting terrorism and refugees—products that are contributing to populism and authoritarianism in the West.

Five events in 2016 which will shape 2017: As globalization encompasses more of the world, the norm is the known unknown and surprise the new routine.


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