Mr. Syed Hasan Imam, president-elect of the special session of the Indian National Congress, arrived here [Bombay] this afternoon [August 26] and was given an enthusiastic reception at the station. Alighting from the train Mr. Imam was received by the members of the Reception Committee headed by the Hon’ble Mr. …

It is flawed decision-making triggered by “social proof”-driven thinking that causes toxic bubbles in the stock market, points out Dobelli, noting that this tendency “exists in fashion, management techniques, hobbies, religion and diets. It can paralyse whole cultures, such as when sects commit collective suicide.” But “social proof”, or a …

The tragedy in Kerala has highlighted the dangers of excess water accumulation in dams. More than 20 dams released water that cascaded down the hills, leaving behind a trail of destruction. The opening of the gates of the Idukki dam, for instance, caused the Periyar river to swell rapidly and …

If there was any real benefit in having a Legislative Council, all States in the country should, and arguably would, have a second chamber. The fact that there are only seven such Councils suggests the lack of any real advantage, apart from the absence of a broad political consensus on …

U.S. Federal Reserve Chairman Jerome Powell’s speech last week at the conference for central bankers in Jackson Hole, Wyoming was a strong defence of the current gradual approach to raising interest rates. With the American economy growing at a strong pace, inflation being close to the Fed’s 2% target and …

It was heartening to read all the glowing tributes to veteran journalist Kuldip Nayar and his relentless fight for a free press. The irony is that some of those who do not value the importance of a free press are celebrating his resistance to the Emergency. In the mid-1970s, the …

The new data on GDP have raised a political storm, with the back series for GDP growth since 1993-94 becoming available. Its importance lies in the fact that in 2015, a new series was announced which showed India’s GDP growing faster than the earlier series had shown. This was politically …

In 2011, a celebrated New York-based art dealer, Subhash Kapoor, was detained in Germany for art theft, particularly of idols from temples in Suthamalli and Sripuranthan in Tamil Nadu. He was extradited the next year to India and now awaits trial in Chennai. After his arrest, the American authorities recovered …

Can Article 35A of the Constitution be struck down? If yes, should it be? These questions — raised in a petition filed in the Supreme Court by a Delhi-based non-governmental organisation, “We the Citizens” — have already attracted widespread attention. The case, there’s little doubt, is freighted with political meaning. …

Global superstars Lady Gaga, Ryan Gosling and Vanessa Redgrave descend on Venice this week as the annual film festival kicks off on Wednesday to controversy over the inclusion of Netflix productions and there being just one female director in competition. Some 21 features will be locking horns for the prized …

Beijing no longer wants the country to be a global trash can and has already started phasing out import of solid waste Her fingers are bent from 20 years of collecting cardboard from Hong Kong’s streets, but Au Fung-lan says she has no desire to give up the gruelling work. …

One of Scotland’s leading universities is set to hand out pronoun badges to freshers so they know whether to refer to each other as “he”, “she” or “they”. The move by the Edinburgh University is intended to avoid any potential “misgendering” of non-binary or transgender students, who may display the …

It might seem harmless at first: a thread of dental floss tossed in the toilet, a contact lens swirling down the drain of the bathroom sink. But even the tiniest items can contaminate waterways. The small fragments of plastic contact lenses are believed to be contributing to the growing problem …

The rupee has suffered significant losses this year but the worst seems to be over and the domestic currency is expected to be in the range of 67-68 against the U.S. dollar by December, according to an economist with HDFC Bank. The rupee ended below the 70-mark against the U.S. …

TransportHub (TH), an online platform that provides technology ecosystem and a whole gamut of IoT and analytics solutions to transport and logistics businesses, has chalked out plans to foray into West Asia and Africa. “We have initiated talks with entities in Dubai and South Africa to expand our footprint in …

The textile industry can tap opportunities emerging globally in high-value manufacturing by converting fibre into fibre assemblies, according to Prasad Potluri, professor of robotics and textile composites and director of research at Northwest Composites Centre, University of Manchester. Mr. Potluri, who were here recently, told The Hindu that high-value manufacturing …

Public sector banks are in the process of closing or rationalising about 70 overseas operations as part of capital conservation exercise. Unviable foreign operations are being shut while multiple branches in same cities or nearby places are being rationalised with a view to achieving efficiency, sources said. As part of …

Global technology giants should reinvest part of their profits for development of infrastructure and job creation in revenue generating countries such as India, Union Minister of Electronics and IT Ravi Shankar Prasad said. Speaking at the G20 Digital Economy Ministerial meeting in Argentina, the Minister said the largest and most …

Emmerson Mnangagwa was officially sworn in as President of Zimbabwe on Sunday after winning a bitterly-contested election which was the country’s first since the ousting of strongman Robert Mugabe. Mr. Mnangagwa, whose victory in the July 30 polls was challenged by the main Opposition, pledged to “protect and promote the …

China has launched a long campaign to win the trade war with the U.S., which is targeting Beijing’s transition to a digitally advanced economy. A hard hitting commentary in the People’s Daily made it plain that the trade war would be a marathon and not a sprint. “The Trump administration …