By Dr. Gyan Pathak Campaign for the Lok Sabha election 2024 has brought India’s faultlines in sharp focus – which included the falling credibility of the Election Commission of India (ECI) in ensuring free and fair election, the apparent threat to democracy and the Constitution, widening chasm between the...
By Sushil Kutty Two Assamese defend Prime Minister Narendra Modi as often as they invent a chance. One of them is Assam Chief Minister Himanta Biswa Sarma. The other, a journalist-turned-media baron who never tires of praising the Prime Minister. Both these gentlemen are ever ready to do a...
By Prabhat Patnaik An object lesson in how fascistic outfits operate is provided by the BJP’s attitude towards an inheritance tax. The fact that there has been an immense increase in income and wealth inequality in the country during the neoliberal era is well-known. Indeed this is not a...
By P. Sreekumaran THIRUVANANTHAPURAM: The Opposition parties’ latest attempt to discredit the Left Democratic Front (LDF) has come to grief, causing acute embarrassment to them as usual. An issue-starved Opposition had, with unconcealed glee, pounced on an audio clip allegedly sent by bar owner from Idukki district Animon to...
By Rahil Nora Chopra Who will form the government at the Centre, the NDA or the INDIA bloc? Congress president Mallikarjun Kharge has called a meeting of the Indian National Developmental Inclusive Alliance (INDIA) in Delhi on June 1 to evaluate their performance in the ongoing elections and chalk...
By Arun Kumar Shrivastav As the world is on a boil with wars raging between Russia and Ukraine and the Israeli onslaught on Palestinians, world leaders and intellectuals are hard-pressed to comprehend and rationalize the gruesome developments. In an interview with The Guardian, Pulitzer prize-winning writer author Jhumpa Lahiri...
By Daniel Finn LONDON: With an election campaign underway for July 4 polling,, Keir Starmer rammed through the selection of Praful Nargund, a private health care entrepreneur, as the Labour candidate to run against Starmer’s predecessor Jeremy Corbyn in the London constituency of Islington North. Starmer had already made...
NEW DELHI: The Indian economy is on a firm footing with improved external sector sustainability and robust corporate balance sheets, which along with a thrust on production-linked incentive (PLI) schemes would foster job creation, the Reserve Bank of India said in its annual report issued Thursday. The central bank...
MUMBAI: The Reserve Bank of India (RBI) will boost ongoing efforts toward the internationalisation of the rupee by bringing regulatory changes for non-residents while taking steps to bolster the GIFT City’s appeal vis-à-vis other international financial centres. “Efforts are underway toward internationalisation of the Indian Rupee (INR) through settlement...
MUMBAI: From adoption of the expected credit loss (ECL) model for asset classification to a comprehensive review of loan rates, the Reserve Bank of India (RBI) will be announcing far-reaching regulatory measures in 2024-25 (FY25) for the financial sector with a view to making regulations “more principle-based, actively-oriented and...
NEW DELHI: The R&D spends of Indian firms are growing faster than global firms albeit on a low base, said a latest report by Foundation for Advancing Science and Technology (FAST India). The study pointed out that the Indian firms have reported higher growth in R&D spends than global...
SINGAPORE: The United Arab Emirates is looking to expand the scope of trade and services covered under the Comprehensive Economic Partnership Agreement (CEPA) with India to further accelerate bilateral trading volume, a senior UAE official said here on Thursday. India and the UAE signed the historic CEPA on February...
NEW DELHI: India’s peak electricity demand touched a new high of 250 GW on Thursday as the temperatures rose across states, according to data provided by the power ministry. At this level, the peak power demand had already crossed last year’s peak of 243.3 GW recorded in September. Meanwhile,...
MUMBAI: Hiring of women for leadership roles has increased to 23.2 per cent across sectors in early 2024 even though employers are yet to achieve gender parity in top management, a report said on Thursday. Women leadership hires have shown significant growth over the years to 23.2 per cent...
MUMBAI: The number of frauds in the banking sector went up to 36,075 in 2023-24 year-on-year, but the amount involved reduced by 46.7 per cent to Rs 13,930 crore, according to the Reserve Bank’s annual report released on Thursday. The RBI report also said that with an aim to...
NEW DELHI: Markets regulator Sebi on Thursday significantly reduced the time taken by stock exchanges for granting approval to stock brokers for internet-based trading to seven days from the current 30 days. The move is aimed at facilitating ease of doing business. Under the rule, the broker is required...
MUMBAI: The size of Reserve Bank’s balance sheet increased by 11.08 per cent to Rs 70.47 lakh crore as on March 2024, leading to the highest-ever dividend payout to the government, according to the central bank’s annual report. In actual terms, the increase was Rs 7,02,946.97 crore over Rs...
By Dr. Gyan Pathak Lok Sabha Election 2024 campaign ended on Thursday May 30, but after raising unprecedented level of political dust which will take much longer time beyond its result on June 4 to settle. Irrespective of who or which political party or alliance wins, people will continue...