Influenza is spreading rapidly all over Sind and hundreds of villages are affected as well as Hyderabad, Sukkur, Larkana and other towns. Mortality in Karachi from influenza was 76 and on Sunday 74, which is nearly four times the normal total mortality. All places of amusement are placed out of …
Read More »Daily Archives: October 16, 2018
Day and Night School for Fishermen
Yesterday evening [October 15] the Hon. Mr. Justice T.V. Seshagiri Aiyar, President of the Madras Social Service League, performed the very pleasant function of opening the new day and night school which the league had started for the benefit of the fishermen residing at Nochikuppam at the southern end of …
Read More »Rent-seeking through revolving doors
Patent regulators are likely to favour companies that further their own personal interests, finds a study Many people today view government officials as benevolent guardians of public interest. “From revolving doors to regulatory capture? Evidence from patent examiners,” a 2018 paper by Haris Tabakovic and Thomas G. Wollmann circulated by …
Read More »Taking #MeToo to the subaltern
We need to seek out narratives beyond those of upper-caste, urban, non-disabled, cisgender women Like any other movement, it is hard to define ‘Me Too’ as it unfolds. Historically, it is important to acknowledge its origins in Black feminism and Tarana Burke’s call, in 2006, for solidarity among survivors in …
Read More »The Bhutan vote
As the country prepares for the secondround of elections, change is certain The results of Bhutan’s general election will have significant repercussions for South Asia. The first round held in September has already delivered a surprise verdict, with the ousting of the incumbent People’s Democratic Party. The two parties left …
Read More »Not just liquidity
Policymakers must address the structural problems behind the NBFCs crisis The default of Infrastructure Leasing & Financial Services (IL&FS) on several of its debt obligations over the last couple of months has raised serious questions about how regulators missed the growing debt pile of a systemically important financial institution. But …
Read More »Hamstringing the RTI Act
Instead of holding a public debate on making the Act more effective, the government is seeking to dilute its provisions The Right to Information (RTI) Act, operationalised in October 2005, was seen as a powerful tool for citizen empowerment. It showed an early promise by exposing wrongdoings at high places, …
Read More »Castles in the air
Economic ideas such as ‘Charter Cities’ need to be challenged for their implausible premise and iniquitous framework The Nobel Memorial Prize in Economic Sciences awarded jointly to William D. Nordhaus and Paul M. Romer for their respective contributions in integrating climate change and technological innovation into macroeconomic analysis is interesting. …
Read More »Falling short on most counts
Insurance-based schemes like Ayushman Bharat are no substitute for public provisioning of health Prime Minister Narendra Modi’s signature Ayushman Bharat programme, rolled out in September, has been touted by most in the mainstream media as nothing short of ‘revolutionary’, with some even calling it the ‘biggest health care programme in …
Read More »Decoding the Rafale controversy
The opacity in the Rafale deal only raises doubts, with its fallout on national security and the ‘Make in India’ programme The controversy over Prime Minister Narendra Modi’s decision to go in for an outright purchase of 36 Rafale fighter jet aircraft, after scrapping the old negotiations, is unlikely to …
Read More »Lord of the universe
The only worthwhile goal to be attained by all is moksha and the only path is renunciation, say the scriptures. Hence, only when a jivatma gives up attachment to the world does he become qualified to be selected to the most exalted and coveted status, the state of liberation, pointed …
Read More »Experts blame perfume, hair gel for fuelling smog in Beijing
Chinese experts have blamed the volatile organic compounds in hair spray, perfume and air refreshers for the recurring air pollution in the country as the dreaded smog returned to haunt Beijing on Monday. The air quality index in the city climbed to 213, which is categorised by the WHO as …
Read More »MIT plans to set up a college for AI
The Massachusetts Institute of Technology is taking a particularly ambitious step, creating a new college backed by a planned investment of $1 billion. Two-thirds of the funds have already been raised, MIT said, in announcing the initiative on Monday. The college, called the MIT Stephen A. Schwarzman College of Computing, …
Read More »Hawking’s book warns about superhumans
Humans have no option but to leave the earth Stephen Hawking’s final work, which tackles issues from the existence of God to the potential for time travel, was launched on Monday by his children, who helped complete the book after the British astrophysics giant’s death. Hawking was forever being asked …
Read More »Same-sex penguin couple incubate egg
Two male penguins who have paired up as a “same-sex couple” have become so good at nesting that zookeepers in Sydney have given them a real egg to look after. Sea Life Sydney said they had been watching “inseparable” gentoo penguins Sphen and Magic become a “great team” during this …
Read More »Kids feeding on ‘digital junk food’
Streaming giants are exposing them to unsuitable content, say TV programme makers With YouTube replacing Disney as the most-loved brand among young children in the U.S., and streaming giants encouraging binge viewing, a whole generation risk being brought up on cultural junk food, some of the world’s top kids television …
Read More »‘Climate change brews trouble for beer lovers’
If you crave for a pint of beer at the end of a hard day, brace yourself: climate change is poised to make your favourite drink more scarce and pricey. Heatwaves and droughts will periodically cause sharp declines in barley yields, a crucial ingredient in most beer, according to a …
Read More »Kreditech gets NBFC licence
Kreditech has been licensed by the RBI to operate as an NBFC with the first-of-its-kind licence in the Indian financial history for digital lending business and app-based financing, the Germany-based company said in a release on Monday. Kreditech’s product suite for India will offer individualised direct-to-consumer loans as well as …
Read More »Rupee slides on rising crude prices
The rupee snapped its three-session gaining streak to end 26 paise lower at 73.83 against the dollar on Monday after crude prices rose amid intensifying geopolitical tensions. Dealers said a spurt in dollar demand from importers dragged down the domestic currency. At the Interbank Foreign Exchange (Forex), the rupee opened …
Read More »Higher provisioning impacts IndusInd Bank Q2 net profit
IndusInd Bank Ltd. reported a lower than expected net profit of Rs. 920.25 crore for the second quarter ended September 30, 2018 as compared with Rs. 880.10 crore in the year-earlier period on account of one-off prudential contingency provision of Rs. 275 crore. According to analysts the Rs. 275 crore …
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