Monthly Archives: September 2018

How far does a PhD go?

As the job market is tight for those with PhDs in science,it is important that they develop other skill sets The number of PhD graduates has proliferated over the decades — while there were only a dozen doctorates till 1920 in India (the first was awarded in 1904), there were …

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Preparing for the floods

Kerala has a unique opportunity to put in place climate-resilient water management The recent floods in Kerala saw heroic rescues from raging rivers swollen by unprecedented rains — and the opening of shutters of major dams. There were allegations of ‘human blunders’ while the government said it could have done …

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Guilt by association and insinuation

A recap of the Saibaba case shows just how urgently the UAPA needs to be read down In the 1950s, the U.S. was gripped by an anti-communist hysteria that is now known as “McCarthyism”, after Senator Joseph McCarthy, its chief propagandist. McCarthyism was characterised by blacklists and harassment, investigations and …

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Bringing data under the rule of law

The debate on data localisation must not be reduced to a good-bad binary For long, Internet activists considered the Internet as being beyond law, politics and governments. J.P. Barlow made the famous Declaration of Independence of Cyberspace in 1996. It was fine when this phenomenon was just shaping up and …

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BSE, NSE get SEBI nod for commodity segment

The Securities and Exchange Board of India has given the regulatory go-ahead to BSE and NSE to start their respective commodity derivatives segments. Both bourses plan to start the new segment from October 1. Interestingly, both the equity exchanges plan to start with non-agriculture commodities like metals and bullion, and …

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Insolvency cases: SC to decide when to step in

May have to lay down laws: apex court The Supreme Court on Wednesday said it would have to lay down some laws on what stage the adjudicating authority, appellate authority and the apex court could interfere in insolvency resolution proceedings. A Bench of Justice Rohinton Fali Nariman and Justice Indu …

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‘Liquidity issues at ILFS credit negative for banks’

Debt accounts for 0.5%-0.7% of overall bank loans: Moody’s Rising liquidity issues in Infrastructure Leasing & Financial Services (IL&FS) are credit negative for Indian banks and debt market, Moody’s Investors Service said in a report. “As of 31 March 2018, debts incurred by IL&FS in the form of bank loans …

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Rationalisation of CS schemes mooted

Many Centrally Sponsored Schemes are boutique in nature, with ‘dubious’ outcomes: N.K. Singh Several Centrally Sponsored Schemes (CSS) are just boutique in nature with ‘dubious’ outcomes, the 15th Finance Commission of the Union Government has noted while calling for urgent rationalisation of the CSSs. The pruning of such schemes would …

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