By Matein Khalid A perfect macro storm for the Pakistani rupee has seen it tank from PKR 152 in May to PKR 170 now. The primary catalyst for the rupee’s plunge was the escalation in the trade deficit and the PTI government’s indiscriminate borrowing from the banking system to...
By Sankar Ray The 4-0 victory with big margins by the All India Trinamool Congress defeating the Bharatiya Janata Party in the bye-elections to the West Bengal Legislative Assembly has sent a clear message to the political parties and all concerned that the people of West Bengal stoutly reject...
By Kalyani Shankar Will V.K. Sasikala, the close aide of late Tamil Nadu chief minister J. Jayalalithaa, unite the AIADMK or divide it? That is the question that is dogging the party, of late. The controversial leader, who announced that she would not dabble in politics six months ago,...
By James M Dorsey Sudan is the exception to the rule in the United Arab Emirates’ counterrevolutionary playbook. In contrast to Egypt or Yemen, where it went out of its way to help roll back the achievements of popular revolts, the UAE was happy to see the back of...
By Nilanjan Banik In economics, there is a concept of intra-industry trade, which is trading in similar items. For example, China exports Lenovo computers to Japan and in return imports Sony computers. When countries trade in similar technology-intensive items, trade becomes mutually beneficial. And trading partners get access to...
By Gyan Pathak India’s much awaited announcement to achieve net-zero status was finally made by the Prime Minister of India Narendra Modi in COP26 in Glasgow. The pledge of net-zero by 2070 has cheered his constituency at home, but disappointed the world that has been making all efforts to...
By Sushil Kutty Shiv Sena spokesperson Kishore Tiwari sported an angry demeanour when the ‘debate’ turned to ex-Maharashtra Home Minister Anil Deshmukh’s ‘grilling’ at the hands of the Enforcement Directorate. He did not like that ED sleuths weren’t thinking of Deshmukh’s advanced age. Tiwari kept his frustration writ large...
By Paras Nath Singh The Supreme Court’s decision constituting a committee headed by former Supreme Court judge Justice R.V. Raveendran to examine whether Israeli software Pegasus was used to target citizens is indeed significant for it, inter alia recognizes that the right to privacy and freedom of speech are...
By Nantoo Banerjee It is a pity that the rampant drug abuse in India, one of the world’s top ten markets in narcotics smuggling and consumption, rarely hits the headline and gets debated nationally except when rich and popular Bollywood cine stars, their kins and associates are caught by...
By Matein Khalid India was the jewel in the crown for the British Empire and the jewel in my emerging market portfolio in a year when the Sensex alone is up a stellar 27%. Yet my passage to India is guided by two of my best friends in life,...
By James M Dorsey Sunni Muslim ultra-conservatism is having a field day. Barely three months after the Taliban claimed victory in Afghanistan, Pakistan, the second most populous Muslim-majority state, is moving to join Kabul in becoming an outpost of religious intolerance and Muslim supremacy. In doing so, Pakistan, alongside...
By Gyan Pathak Political parties in Utter Pradesh are trying to position themselves in the most advantageous way they can imagine. Except the Congress, all three major parties – the BJP, the SP, and the BSP – are working on their old agenda of communalism and casteism. Congress has...
By Sushil Kutty Nawab Malik is a household name. The NCP minister in Uddhav Thackeray’s cabinet is a tireless pursuer of criminals and those who convert religions to consummate marriages with “mashukas”; who allegedly use caste labels to con jobs in the Indian Revenue Service. Nawab Malik’s own son-in-law...
By Nitya Chakraborty Barun Dasgupta, a leading journalist of the country, who worked in many national dailies including The Hindu and The Indian Express, died in Kolkata of old-age ailments on October 31. He was 86. Barunda, as all the younger reporters called him affectionately, worked for the India...
By Ajay Kumar “To no one will we sell, to no one deny or delay right or justice” is a commitment that comes from the Magna Carta in England, and today is reflected in various constitutional provisions guaranteeing access to free, fair and independent courts. However, whether the courts...
By Satyaki Chakraborty Nicaragua, a small nation of Latin America is going for the Presidential polls on November 7 this year amidst threats of more sanctions by the United States and the protests by the opposition parties and the civil society activists against the curbs imposed by the Daniel...
By Harihar Swarup After a long time, the Congress party is setting the political agenda instead of reacting to moves made by the BJP. Priyanka Gandhi Vadra has promised that 40 per cent of the Congress tickets will be given to women in Uttar Pradesh. And Congress will ensure...
By K Raveendran Interesting trends are emerging in the performance of gold as an asset class as India is recovering from the impact of Covid pandemic. Although some of the basic fault lines continue to nag, there is a perceptible pick-up in demand, such as the bellwether automobile industry,...