Court News resumes publication, bringing unfilled vacancies, mounting arrears, and skewed judge ratio out from under the carpet once again [Business Standard]
SEBI yesterday appealed to the SC against Bombay HC’s order directing it to reconsider MCX-SX’s application for listing. Argued impropriety of MCX promoters’ undisclosed forward contracts, artificial dilution of promoters’ stake to permissible levels. SC today dismissed the appeal [ET] [Mint]
Allahbad HC orders troop-movement reporting ban. Defence official secrecy and national security cannot be compromised for public discussion of army troop movement [Mint]
Consolidated FDI Policy 2012 removes FIPB approval requirement for FIIs investing up to 23% in commodity exchanges, also removes mandatory provision of company stakes in exchange for second hand capital machinery import [Mint]
India opposes EU Emissions Trading Scheme imposing a 100 Euro fine on each tonne of Carbon Dioxide emitted by an aircraft, for being a disguised unilateral restriction on trade [Firstpost]
India pushes for expansion of UN security council by 10 members, as at least 25-26 members can bring credibility and effectiveness, structural change addresses question of veto, and majority of UN membership wants expansion [Firstpost]
Un-codified privacy law for consumer protection in India is letting Google get the better of us. Lessons to be learnt from France [ET]