In London on October 31, at 4 P.M., Reuter is informed that Britain has officially received definite peace proposals from Turkey which are regarded as tantamount to an unconditional surrender. At 4 P.M., Turkey agreed to an armistice. At 5.20 P.M., it is understood that Turkey has offered to lay …

The RBI-government row throws up questions about the central bank’s autonomy What is the RBI aggrieved about? One, the Reserve Bank of India wants more powers over regulating public sector banks (PSBs). Two, it feels that the government should not dictate the quantum of its surplus that can be paid …

Delhi HC retrieves a lost cause and convicts those behind the Hashimpura massacre The conviction of 16 personnel of the Provincial Armed Constabulary (PAC) for the massacre of Muslims committed 31 years ago is a rare instance of the justice system responding to the cry for accountability and justice. By …

The victory of the divisive firebrand raises serious anxieties about the future of Brazil In electing retired army Captain Jair Bolsonaro as its President, Brazil has chosen to be governed by a man described as the “Trump of the Tropics”, after the 45th U.S. President, Donald Trump. Mr. Bolsonaro swept …

The drift into the orbit of the U.S. will weaken global multi-polarity Jair Bolsonaro, who will become the new President of Brazil early next year, will be the most extreme far right leader to govern a democratic nation. Brazil, the largest country in South America, has decided to go the …

Dravidian politics must re-invent every aspect of itself: its modes of operation, its emotional motifs, and its leadership Tamil Nadu at different points in history has been considered the bane of Indian politics as much as it has been the enlightened torch-bearer of progressive reform. Today, the foundation of its …

A national policy for internal migration is needed to improve earnings and enable an exit from poverty Though migration is expected to enhance consumption and lift families out of absolute poverty at the origin, it is not free from distress — distress due to unemployment or underemployment in agriculture, natural …

Indian student’s algorithm uses big data analytics to identify parking space An Indian student in the U.S. has created a space-detecting algorithm that can help tackle the problem of finding a parking spot by using big data analytics and save a person’s time and money. Sai Nikhil Reddy Mettupally, a …

Patel may quit if the section is invoked The Reserve Bank of India (RBI) has refused to provide any leeway to stressed borrowers or give in to the demand of higher dividend by the government, which issued three letters to the central bank in the last one month for consultation …

Required for original message sender’s identification: govt. The government on Wednesday said it does not want WhatsApp to “decrypt and read” messages sent on its platform but “insists” that the Facebook-owned firm be able to trace the origin of messages that lead to serious crimes. This was conveyed to WhatsApp …

Reiterating that RBI’s autonomy is within the Act sends the message: ex-officials The Finance Ministry’s statement on Wednesday regarding the Reserve Bank of India and its reiteration of the consultative process with the central bank is welcome. But the fact that it mentioned that the central bank was autonomous within …

They are net sellers at $4 billion, which is the highest for any month in the last 16 years October has turned out to be the worst-ever month for Indian equities in terms of outflows from foreign portfolio investors (FPIs) that are often looked upon as the prime drivers of …

Finance Ministry statement makes no mention of whether Section 7 of RBI Act has been invoked The Ministry of Finance has acknowledged that the autonomy of the Reserve Bank of India is an ‘essential and accepted governance requirement,’ in a statement issued on Wednesday. Significantly, it neither confirmed nor denied …

Protests greet President in Pittsburgh as he meets survivors With U.S. President Donald Trump getting a cool welcome from the Jewish community in Pittsburgh, Israel’s envoys came to his defence, saying it was “unfair and wrong” to link him to the tragedy. Mr. Trump was greeted by hundreds of chanting …

Speaker requests President Sirisena to convene Parliament Sri Lanka’s political deadlock entered its sixth day on Wednesday, with the sacked Prime Minister Ranil Wickremesinghe and former President Mahinda Rajapaksa, appointed in his place, vying for legitimacy. Mr. Rajapaksa, holding additional charge as Finance Minister in the new Cabinet, said: “We …

Christian woman was facing death for ‘insulting Islam’; SC says prosecution failed to prove charges The Supreme Court of Pakistan on Wednesday acquitted Asia Bibi, a Christian woman on death row for blasphemy. This was her final legal appeal before execution. Ms. Bibi was accused of committing blasphemy in 2009. …

‘Few places in coastal T.N. may experience heavy rainfall’ As the northeast monsoon inches closer to coastal areas, several areas in Chennai received intermittent spells of rainfall since Wednesday morning. The onset of monsoon is likely to be announced on Thursday initially in the coastal areas and rain would then …

A writ petition filed by the Tamil Nadu Chemists and Druggists Association had sought a ban on websites that facilitate online sale of drugs. The petition wanted the ban to be in place till the Centre brings into force a legal framework for permitting such sales. Senior counsel AR.L. Sundaresan …

Have not questioned anyone so far, says K.V. Chowdary Chief Vigilance Commissioner K.V. Chowdary on Wednesday said that the commission had not examined any Central Bureau of Investigation officer till now. He added that the commission was still examining the files sought for and sent by the CBI with reference …

‘The Hashimpura massacre victims were not in an enclosed place but were unlawfully detained’ The Delhi High Court on Wednesday held that the killing of 38 Muslims in Hashimpura in 1987 by the Uttar Pradesh Provincial Armed Constabulary (PAC) personnel was a case of custodial death. “In the present case, …