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This written statement addresses several of the questions raised regarding the potential legalization of betting and gambling in India. Of the five questions posed in the Appeal, dated May 30, 2017, I address only the first two: 1) “Will legalizing betting and gambling help in curbing the...
Persistent link: https://www.econbiz.de/10012953269
Islamic banking and finance are still an unfamiliar concept in India. The search for alternatives to conventional banking sheds spotlight on the Islamic banking but this seems to be an infeasible and unwanted burden to the Indian banking system. This paper attempts to understand the evolution,...
Persistent link: https://www.econbiz.de/10013321473
This making known highlights the key problems about Myanmar-India relations, and therefore the main areas of concern with current Indian policy. Indian policy has modified markedly since the Nineteen Nineties, driven by realism and its own economic and strategic interests
Persistent link: https://www.econbiz.de/10014132505
The Article is titled ‘CAG: A PANACEA FOR CORRUPT PRACTICES IN INDIA' as the Comptroller and Auditor-General of India has played an eminent role in curing the evils which exist in the rule making bodies and in preventing the Indian economy from being crippled in the hands of corrupt...
Persistent link: https://www.econbiz.de/10013088371
Does the Indian Parliament have the power to expel its members under the "powers, privileges and immunities" guaranteed by the Constitution? The Indian Supreme Court was confronted with the question in Raja Ram Pal v. Hon'ble Speaker, Lok Sabha and Others. Powers, privileges and immunities of...
Persistent link: https://www.econbiz.de/10014050783
Transnational Organized Crimes not merely have a bearing to the security of states, but also to that of its economy, given the large retail value of these crimes. Illicit Drug Trafficking, Terrorism, Money Laundering, smuggling, arms trade are not crimes independent of other crimes. They have a...
Persistent link: https://www.econbiz.de/10013310642
This short essay analyses the recent developments in the law on contract formation in India through the case of Trimex International Fze Limited v. Vedanta Aluminium Limited. Trimex International FZE Limited, the petitioner applied to the Supreme Court of India under Section 11(6) of the Indian...
Persistent link: https://www.econbiz.de/10014169588
This article mainly focuses on the concept of development keeping in view the basic right to food of an individual. This has been analysed critically in the context of India and it goes further to the extent of positive comparison between India and its contemporary countries. It is very...
Persistent link: https://www.econbiz.de/10014188884
Substantial fiscal consolidation was achieved under the aegis of the 2003 Fiscal Responsibility and Budget Management Act. While deficits widened anew in 2008 and 2009, against the backdrop of the global financial and economic crisis, efforts to reduce them have resumed since. To ensure...
Persistent link: https://www.econbiz.de/10009364448
According to the theory of efficient markets, economic agents use all available information to form rational expectations. The rational expectations hypothesis asserts that information is scarce, the economic system generally does not waste information, and that expectations depend specifically...
Persistent link: https://www.econbiz.de/10014313444