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Daily Archives: October 24, 2018

A Case Under Factory Act.

At the Mazagaon (Bombay) Police Court, Rao Bahadur C.H. Setalvad, Second Presidency Magistrate, has delivered judgment in two cases in which the Inspector of Factories charged Mr. P.A. Babtista of Morarji Goculdas Mills and Mr. Guthrie of Sassoon Spinning and Weaving Mills with having employed a number of minor boys …

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Nizam’s Charter to Osmania University

H.E.H. The Nizam has granted a firman or charter to the Osmania University — about which some little speculation has been rife — which was opened on the 6th October current synchronizing with the 1st Mohorrum, Hegira 1887. The objects of the University are to teach religion, moral science, philosophy, …

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In the net

The steps taken by the Union government over the last few years to widen its tax base may finally be yielding some rewards. The total number of tax returns filed in the country increased by over 80% over the last four financial years, according to data released by the Central …

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Trouble at the top

At one level, what is going on in the Central Bureau of Investigation (CBI) is a ‘turf war’, a battle of egos between two individuals at the helm. But the unsavoury developments involving the CBI Director and its Special Director are reflective of a much deeper malaise — a big …

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The political writing on the wall

N. Chandrababu Naidu, Andhra Pradesh Chief Minister and national president of the Telugu Desam Party (TDP), has again sprung a political surprise. After suddenly walking out of the Bharatiya Janata Party-led National Democratic Alliance, earlier this year, ostensibly over the denial of ‘Special Category Status (SCS) to Andhra Pradesh’, he …

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Outcomes versus promises

Russian President Vladimir Putin’s whirlwind visit to Delhi earlier this month, lasting less than 24 hours, came just a month after the visits, in September, of U.S. Secretary of State Mike R. Pompeo and Defence Secretary James N. Mattis to participate in the 2+2 Ministerial Dialogue with their Indian counterparts, …

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CAG questions RBI’s role as NPA crisis was brewing

Comptroller and Auditor General of India Rajiv Mehrishi on Tuesday questioned the role of the Reserve Bank of India (RBI) during the time when the banks were “going berserk with their lending”, leading to the high levels of NPAs, saying that there was no public discourse on the role of …

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Indian markets not in a bear phase yet

Rupee could fall another 10%, says veteran fund manager Joseph Bernhard Mark Mobius is among the best-known emerging markets fund managers. After having spent over 25 years at Franklin Templeton – including being the lead manager of Templeton Emerging Markets Investment Trust – the 82-year-old stepped down early this year …

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U.S. warships sail through Taiwan Strait

China said on Tuesday that it has expressed concern to the U.S. over what it considered an affront to its sovereignty after two U.S. warships sailed through the Taiwan Strait. The move adds to increasingly fraught relations between the two countries, which have clashed over a number of issues, including …

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