By Nantoo Banerjee Eleven out of 21 public sector banks are already under the Reserve Bank of India’s prompt corrective action (PCA). Left to the central bank, three to five more banks may join soon the framework. PCA generally restricts lending activities and network expansion of banks. The ...
By Sushil Kutty ‘Must see Pic! Priyanka with George Clooney’ carried by a news outlet sounds somewhat like ‘Must happen Event! Rahul is Prime Minister’. And Karnataka chief minister-designate of the Congress-JD(S) combine HD Kumaraswamy gives credence to the belief that the Gandhi family is the default page...
By Sushil Kutty Democracy won or not did not matter. But Karnataka CM for a day BS Yeddyruppa decided he has had enough of it. He quit. He resigned Saturday after an emotional speech. Around 4 pm was time for the SC-ordered floor test. But Yeddy was reading...
By Sankar Ray The spectre of Pushpa Lal Shrestha seemed to have been stalking where Khagda Prasad Sharma Oli and Pushpa Kamal Dahal aka ‘Prachanda’, chairpersons of Communist Party of Nepal (United Marxist-Leninist) and Communist Party of Nepal (Maoist Center) were jointly planting a party unification plant called...
By L.S. Herdenia BHOPAL: Defection is the cancer of Indian politics. It is the brutal murder of our system of parliamentary democracy. The first defection took place in 1967. Through defection elected governments of Uttar Pradesh, Bihar and Madhya Pradesh were overthrown. After the general elections Congress...
By K R Sudhaman The International Monetary Fund has forecast bullish GDP growth for India at 7.4 per cent in 2018 as against 6.7 per cent in the previous year. It forecast a better 7.8 per cent GDP growth for 2019, making India the fastest growing economy again...
By K. Raveendran Tonnes of crocodile tears have been shed in the past one week over the murder of democracy; as though it has occurred for the first time. The truth is that democracy is being murdered in this country every day. No party has the moral right,...
By Nitya Chakraborty The mid-term elections in the United States of America, scheduled for November this year, have assumed crucial importance as the Left wing of the Democratic Party led by Bernie Sanders, has launched a massive campaign in a planned manner to get the candidates with faith...
By Sushil Kutty Movement is an anxiety-buster. Husbands stalking corridors outside labour-rooms! The mobile rings and people are up on their feet, walking, talking! It’s therapeutic movement. So, the Congress-JD(S) alliance moved their MLAs from resort/hotel in Bengaluru to Taj and Hyatt in Hyderabad. But, no sooner did...
By Pradeep Kapoor LUCKNOW: BSP national president Mayawati is now more confident about entering into alliances with other regional parties after the successful experiment in Karnataka with JD(S). She hopes that after winning one assembly seat out of 17 seats it contested in Karnataka in alliance with...
By Arun Srivastava According to the Sarkaria Commission, the largest single party can stake a claim to form the government only with the support of others, including “independents”. But in Karnataka as well as the other states of Goa, Manipur and Meghalaya, the BJP did not have the...
By Dr Arun Mitra It is perplexing to know that the main entrance gate of UN office in Geneva is called the Broken Chair Gate. Only when one sees with own eyes a large broken chair on the Palais des Nations in Geneva that one comes to...
By Harihar Swarup Finally the Supreme Court has pronounced its verdict; the one-day Chief Minister B S Yeddyurappa has to prove his majority in a floor test on May 19 at 4 PM. The pro-tem speaker will conduct the floor test. The apex court’s verdict has closed the...
By S. Sudhakar Reddy The five-day 23rd Congress of Communist Party of India held at Kollam, Kerala, from April 25, 2018 will be by generations to come for the historic decision of the Congress to take all measures to unite and consolidate the growing consensus among political parties...
By John Wojcik Rudy Giuliani, the newest addition to President Trump’s legal defense team, has added his voice to the list of Republicans demanding that Special Counsel Robert Mueller wrap up his investigations of the president and those around him, claiming, as did Vice President Pence last week,...
By Sushil Kutty The arguments finally grind to a halt at 4.56 am and the three-judge bench of Justices Sikri, SA Bobde and Ashok Bhushan rule at around 5.30 am that the governor’s actions can be “injuncted against” but that his orders cannot be restrained. “Are the governor’s...
By Aditya Aamir The Government of India order on cessation of army operations in Kashmir during Ramadan is a farce. Ramadan was never an addendum to peace throughout Islamic history. And security forces in Kashmir have been dealing with year-round no breaks in terror for decades. In 2014...
By Anjan Roy Oil prices have started pinching as these touch the highs of some six years ago. With the Karnataka state elections out of the way, prices for petrol and diesel have today reached the highest level ever. Depending on the metropolis where you are buying,...