Vision of justice doesn’t always become reality, says Justice Gogoi

NEW DELHI: The courts have done their bit to uphold the “vision of justice” detailed in the Constitution, but such efforts have not really made a difference on the ground, where it is a “descent into chaos” with messengers being sued, shot, or simply not delivering the message out of fear, justice Ranjan Gogoi said on Thursday. For the justice system to become more effective, the focus needs to move to the enforcement of the judiciary’s decisions, Gogoi said at the Ramnath Goenka Lecture. An appreciating rupee, sustained buying by domestic institutional investors, fresh foreign capital inflows and encouraging start to the earnings season contributed to the uptrend

The broader NSE Nifty index touched a high of 11,078.30 before ending at 11,023.20, up 0.68%. This was its highest closing since January 31 Oil-to-telecom conglomerate Reliance Industries jumped 4.42% to hit its all-time closing high, re-entering the $100-billion market cap club Later in the day, industrial production growth slipped to a seven-month low of 3.2% in May mainly due sluggish performance of manufacturing and power sectors

Factory output growth measured in terms of the Index of Industrial Production (IIP) was revised down to 4.8% in April from previous estimates of 4.9%, according to the Central Statistics Office. The IIP had expanded by 2.9% in May last year. The previous low of industrial production growth was 1.8% in Oct 2017