By Krishna Jha There is the severe fall in growing household savings that can be measured in the observation that says that at least 95 percent cannot save any money. At the best the ratio stands at Rs 5 out of a hundred. The crisis has come down to...
By René Rojas NEW YORK: On November 16, Chile held its first general election since former student movement leader Gabriel Boric won the 2021 presidential runoffs as a candidate of a promising new left coalition. This time, however, a hard right emerged as the country’s dominant political force. It...
By Salah Uddin Shoaib Choudhury For decades, Muhammad Yunus has been hailed globally as the visionary behind microfinance- a Nobel laureate celebrated by presidents, philanthropists, and world leaders for lifting the poor out of misery. But as layers of his vast “Grameen” empire come under renewed scrutiny, a troubling...
By Nitya Chakraborty What is happening to the INDIA Bloc which gave just a big jolt to the Prime Minister Narendra Modi and his NDA in 2024 Lok Sabha elections? The BJP for the first time since the taking over of Narendra Modi as PM failed to get majority...
By Dr. Gyan Pathak Protests over demand for debate on Special Intensive Revision (SIR) of electoral rolls continued for the second day of the winter session of the Parliament on Tuesday, December 2 causing disruption. Neither Houses – the Lok Sabha an Rajya Sabha – could conduct their business,...
By R. Suryamurthy By any meaningful measure, India should be the cheapest place on earth to fall sick. It is the world’s largest supplier of generic medicines, the factory floor for global pharma, the so-called “pharmacy of the Global South.” Yet for ordinary Indians, the lived experience is the...
By Norma Alvares If any Indian state would stand to benefit from a strong coastal law, it is Goa. With its open seafront and numerous tidal rivers that criss-cross the land before draining into the Arabian Sea, Goa and its residents have lived in tune with this intricate and...
By T N Ashok In a windowless committee room on Parliament Street, Indian lawmakers have lit a fuse that threatens to detonate the business model of the world’s most profitable industry. The numbers are stark, even obscene. A common allergy pill that costs distributors two cents to procure sells...
By Roger McKenzie LONDON: We have grown used over the years to client regimes in the Middle East and parts of Africa doing the bidding of the various colonial rulers. Sadly, these “misleaders” are not restricted to those regions. We are seeing the same spectacle playing out across the...
By Nantoo Banerjee It is encouraging to note that the government has decided to invest large sums of money in support of rare earth magnet manufacturing and substantially improve the country’s rare earth-based metals production to escape China’s global chokehold in this strategic sector. Presently, there are a few...
By Ashok Nilakantan Ayers NEW YORK: When President Trump declared Venezuelan airspace “closed in its entirety” last Saturday, threatening imminent land-based military strikes against what he described as drug trafficking operations, the announcement marked a dramatic escalation in a campaign that has increasingly strained credulity among foreign policy experts...
By R. Suryamurthy There is a number in the government’s latest disclosures that should unsettle anyone paying attention to India’s economic trajectory. Household financial liabilities — the debt Indian families owe to banks, NBFCs and other lenders — have soared 76% in just four years, rising from ₹77.7 lakh...
By T N Ashok When Russian President Vladimir Putin arrives in India’s capital on December 4 for the 23rd India-Russia Annual Summit, he will bring more than proposals for weapons systems and energy contracts. The visit represents a pivotal moment in global realignment, one that could determine whether India...
By Kalyani Shankar After the recent setback in Bihar, the Congress Party is now grappling with a power struggle in Karnataka between the Chief Minister Siddaramaiah and his Deputy D.K. Shiv Kumar. Within political circles, especially among Congress members, there is rampant speculation about a possible leadership change later...
By Dr. Ram Puniyani While delivering Ramnath Goenka Lecture, Prime Minister Narendra Modi stated that we should take a ten-year pledge to root out colonial mindset. In ten years, it will be 200 years when Lord Macaulay introduced the pattern of education in English. As per Mr. Modi “…Macaulay...
By Tulip Banerjee Forty-year old Kamlesh sat on a broken charpai by the road in Gurugram’s Prem Nagar II locality, waiting for her mehendi to dry while staring into the wreckage of the only home she has ever known. Two days after their homes were demolished, women huddled together,...
By Ben Chacko LONDON: Jeremy Corbyn’s Your Party’s founding conference brought thousands of people to Liverpool at the weekend. Many more of the party’s 50,000 members participated online. They voted for collective leadership; for dual membership with other parties to be permitted; for the party to be explicitly socialist...
By K Raveendran An evolving convergence of political intent and economic pragmatism is giving fresh momentum to the India–Russia relationship, placing the forthcoming summit in New Delhi as a significant moment in a partnership that has already weathered decades of geopolitical shifts. The visit of President Vladimir Putin, framed...