IN a stealthy game played over two decades, corporate India is walking away with huge wealth transfers, largely from the public banking system. After much delay, the halting process of settling the bad debt of defaulting corporates using the Insolvency and Bankruptcy Code (IBC) is being completed in a rising number of cases.

CPI(M) Polit Bureau has issued the following statement on July 5, 2021THE Polit Bureau of the Communist Party of India (Marxist) expresses intense grief at the death of Father Stan Swamy.The 84 year-old Jesuit priest and activist who championed the rights and causes of the adivasis in far flung areas of Jharkhand was jailed last October on trumped up charges under the draconian UAPA and was sought to be linked with the Bhima Koregaon case.He was denied treatment for his various ailments including the debilitating Parkinson’s.

THERE is no procurement at MSP in Bihar, and it has been a constant demand of farmers and farmer organisations. Areas in districts like Western Champaran, Eastern Champaran, Gopalganj and several other districts of north Bihar are flooded. Before this, people had to suffer due to the Yaas cyclone. Even the situation of capital Patna is not good and it gets inundated even with little rain. CPI(M) leaders visited flood-affected areas and found that disaster management by the government is totally missing.

A TRAGEDY struck triggering a wave of shock and outrage across the country. Around 2.30 pm on July 5,  when before the Bombay High Court bench of Justices S S Shinde and N J Jamadar took up the bail application of the octogenarian Stan Swamy, senior advocate Mihir Desai, his counsel announced that Dr Dsouza of Holy Family Hospital Mumbai who was treating the jailed Jesuit priest wanted to make a statement. He informed the bench, “It is with a very heavy heart I have to inform you that father Stan Swamy has passed away”.

LAST month China was in news for two reasons. The first was for the spectacular celebrations of the 100th anniversary of the Communist Party of China (CPC). The second big news related to the Chinese navy.Even the die-hard critics of CPC acknowledge its accomplishments in taking the world’s most populous country out of absolute poverty.