Judgment was delivered by the District Magistrate to-day [in Rangoon, on October 14] in the case in which four men, Bhumani, Mehta, Murti and Rao were found guilty of attempting to persuade coolies from going to their work of loading ships in the harbour unless they get two rupees a …
Read More »Daily Archives: October 15, 2018
Nitric Acid Incident.
At about one O’clock on Friday afternoon [October 11] a sensational incident occurred in Park Street [in Calcutta]. A bullock cart containing a number of jars full of nitric acid was proceeding from Survey of India Office to the Howrah station when at the crossing of Russel Street and Park …
Read More »Bonding with Africa, in partnership
India and China need to link their development plans for the continent Chinese President Xi Jinping grabbed headlines last month after announcing a hefty $60 billion package for Africa. African leaders have been naturally ecstatic after Mr. Xi’s announcement in Beijing at the inaugural of the Forum on China-Africa Cooperation …
Read More »Resisting resistance
India needs to strengthen and implement regulations on antibiotic misuse Even as antibiotics lose their efficacy against deadly infectious diseases worldwide, it seems to be business as usual for governments, private corporations and individuals who have the power to stall a post-antibiotic apocalypse. In a recent investigation, it was found …
Read More »Untenable
M.J. Akbar should have resigned.Or else, asked to go The Minister of State for External Affairs, M.J. Akbar, should have done the only right thing in the circumstances — resign. This was the only course to limit the already significant damage to the high office he holds. His legacy in …
Read More »The imperative of impact assessment
The outcomes of laws need to be analysed before enactment Legislation and policies in the country are often passed with inadequate scrutiny and assessment. Increasingly, the ‘rush towards law’ results in policies and legal frameworks that are mostly reactive and seek to offer quick-fix solutions to complex problems. As a …
Read More »Helping the invisible hands of agriculture
With the ‘feminisation of agriculture’ picking up pace, the challenges women farmers face can no longer be ignored October 15 is observed, respectively, as International Day of Rural Women by the United Nations, and National Women’s Farmer’s Day (Rashtriya Mahila Kisan Diwas) in India. In 2016, the Ministry of Agriculture …
Read More »When the judiciary rewrites a faith
If a community believes in, and establishes a religious practice as essential, it should be accepted The Supreme Court’s majority decision in the Sabarimala case has rewritten the constitutional dispensation on freedom of religion, equality and untouchability, in contrast to Justice Indu Malhotra’s no-less-admirable dissenting judgment. When it comes to …
Read More »Journalism after #MeToo
The Indian newsroom must be made safe and equal for women — or it will lose all credibility Over the last week, Indian journalism has finally been forced to confront what has long been its dirty secret. Going by the numerous agonising accounts of women journalists, about some male colleagues …
Read More »’World’s fastest camera can see light in slow motion’
‘Camera that can capture light in slow motion’ Scientists have developed what may be the world’s fastest camera, which can capture 10 trillion frames per second — making it possible to ‘freeze time’ to see light in extremely slow motion. The advance may offer insight into as-yet undetectable secrets of …
Read More »‘High lead exposure in Indian kids’
High levels of lead contamination in the blood of children living in India may have a significant impact in lowering their IQ and increasing the risk of other diseases, a study has found. Researchers from Macquarie University in Australia conducted the first ever meta-analysis of Indian blood lead levels. They …
Read More »Afraid of dogs, Indian-origin blind scribe to get a guide horse in U.K.
The animal will assist him with daily tasks once he loses his vision completely An Indian-origin man based in north-west England, who suffers from a degenerative eye condition, is set to become the first person in the U.K. to get a guide horse to assist him with daily tasks once …
Read More »Cambodia’s ‘rubbish man’ schools kids for trash
Children are taught the value of using rubbish in a useful way Sitting in a building made from used tyres, plastic bottles and old sneakers, Cambodian student Roeun Bunthon jots down notes during an English lesson at the “Rubbish School” where tuition is paid for with trash instead of cash. …
Read More »Tunisia’s fishermen turn tide to cash in on blue crab menace
The predators have turned into prey as people in the North African country cash in on the crustaceans by exporting them to markets in Asia Tunisian fishermen saw the blue crab wreak such havoc on their catches when it first appeared that they nicknamed it after the terrifying jihadists of …
Read More »‘As ice melts, walruses need protection’
U.S. court to hear a lawsuit challenging the government’s decision not to list them as threatened Given a choice between giving birth on land or sea ice, Pacific walrus mothers would most likely choose ice. Likewise, they prefer sea ice for molting, mating, nursing and resting between dives for food. …
Read More »NBFC storm will let up sooner or later
‘Claims about distress exaggerated’ Non-banking financial companies (NBFCs) are in the news following the IL&FS fiasco. The fall from grace for the giant has shaken up India’s financial markets. “The secular upswing enjoyed by NBFCs over the past five years has come to a sudden halt — bond markets are …
Read More »GST: 1 year on, firms yet to set up infra for compliance
‘But, awareness about tax is rising’ Corporates are now realising that coming to terms with GST means a more drastic change to their tax infrastructure than the basic compliance-related changes they have made so far, Vishal Parekh, regional head, South Asia, Thomson Reuters said in an interview. “In the last …
Read More »There is unprecedented panic over NBFCs’ liquidity
Cost of funds seems to have increased by 30-40 basis points in wake of scare, says IIFL Group chairman The IL&FS debacle has raised the cost of funds for non-banking financial companies (NBFCs) by 30-40 basis points, says Nirmal Jain , founder and chairman, IIFL Group, which derives almost 60% …
Read More »IL&FS: A riddle wrapped in a mystery
Annual numbers throw up questions on financial management, complex group structure and debatable accounting policies The new Board of Directors of Infrastructure Leasing & Financial Services Ltd. (IL&FS) has ordered a fresh audit of its books and it is just as well that it has done so. A quick run …
Read More »We will migrate to asset-liability norms meant for banks
The company is miles ahead in compliance, not only in ALM but also on capital and liquidity coverage ratio, says the vice chairman of Indiabulls Housing Finance Gagan Banga , vice chairman and managing director of Indiabulls Housing Finance, says the recent move by banks to increase loan purchases from …
Read More »