A car, completely Indian, for Rs. 6,000 — taxes of course, excluded. Is it just a restless young man’s dream or the flash of a genius? None would know, not even Mr. Sanjay Gandhi, the 21-year-old son of the Prime Minister, unless and until he gets going with his project. …
Read More »Daily Archives: November 14, 2018
How Germany Feels. Blockade Terms.
The Admiralty announces [on November 11 at 11-50 p.m.] an intercepted German Naval wireless message, issued through the medium of the warship ‘Strassburg’ to all warships, destroyers and submarines in the North Sea and Baltic, quotes the Armistice terms and adds that the blockade which was instituted in defiance of …
Read More »Four corners
Quad members still face the challengeof defining its common agenda As officials from the ‘Quadrilateral’ grouping of India, Australia, Japan and the U.S. meet in Singapore on Wednesday, their challenge will be to accurately describe their common agenda. The Quad is billed as four democracies with a shared objective to …
Read More »Changing trends?
A meeting of OPEC and its allies in December will decide the future course of oil prices The fickle nature of the global petroleum market has been on display over the last few days as prices reacted to statements and counter-statements by producers and consumers. Over the weekend, Saudi Arabia …
Read More »Beyond ideology?
Making sense of fast-changing political developments in the run-up tothe general election Ideology may be dead in the Indian political landscape, except in some crannies of the Left parties. Fast-changing developments, where alliances are being forged to take on a bigger adversary, are without any long-term allegiances. These have produced …
Read More »A reality check on cooperative federalism
It is yet to be tested on issues related to the Goods and Services Tax Since at least 1974, when the Supreme Court commented on the Constitution envisaging a cooperative federal structure, federalism has come a long way in India. In relation to the imposition of President’s rule under Article …
Read More »‘Pakistan is likely to continue its state of stable instability’
Pakistan knows what it stands against, but what it stands for remains obscure, says historian Farzana Shaikh Pakistan is often called a “security state”, one in which the army has a country rather than a country having an army. Farzana Shaikh, London-based historian and author of ‘Making Sense of Pakistan’, …
Read More »See Sri Lanka’s national crisis for what it is
The Sirisena-Rajapaksa alliance has to be challenged on principles of democracy and pluralism Over the past fortnight, Sri Lanka has witnessed an escalating political crisis, with a standoff between President Maithripala Sirisena and the Parliament. After the shocking and undemocratic appointment of Mahinda Rajapaksa as Prime Minister, the suspension of …
Read More »Allahabad Bank posts loss of Rs. 1,823 crore
Cites higher provisioning, ageing NPAs Allahabad Bank’s net loss narrowed to Rs. 1,822.71 crore from the Rs. 1,944.4 crore loss in the immediately previous quarter. The bank said in a regulatory filing that its losses were due to higher provisioning on account of NCLT-referred accounts and latest RBI guidelines regarding …
Read More »Tata Steel profit surges over threefold
Higher steel prices and consolidation of Bhushan Steel results aid the company Tata Steel Ltd.’s second quarter consolidated net profit rose to Rs. 3,116 crore, the highest in nine years, compared with a net profit of Rs. 1,018 crore in the year-earlier period on higher steel prices and consolidation of …
Read More »U.K., EU agree on Brexit agreement draft
This raises the prospect of Britain keeping up with the March 29 deadline The British Cabinet is set to have a crucial meeting on Wednesday, after U.K. and EU negotiators agreed on the text of a draft withdrawal agreement in Brussels on Tuesday. A Downing Street spokesperson confirmed that a …
Read More »U.K. urged to give asylum to Asia Bibi
Boris Johnson writes to government Calls to the U.K. government to offer asylum to Asia Bibi, the Pakistani Christian woman who was acquitted by Pakistan’s Supreme Court last month, have grown, as former Foreign Secretary Boris Johnson wrote to the incumbent Sajid Javid, arguing that Ms. Bibi had an “overwhelming …
Read More »Amazon chooses 2 locations for ‘second headquarters’
New York City and a Washington DC suburb chosen Amazon, the online retailing giant, officially announced on Tuesday that it will split its “second headquarters” between New York City and a Washington DC suburb in Northern Virginia. Up to 50,000 jobs and $5 billion in investment are likely to be …
Read More »The mind behind Marvel superheroes
Stan Lee created flawed and relatable icons like Spider-Man and Black Panther Marvel legend Stan Lee, who died on Monday at the age of 95, revolutionised pop culture as the co-creator of iconic superheroes like Spider-Man and The Hulk. He ended up in the comics business by accident, thanks to …
Read More »Ex-officials write to CAG on Rafale
Express concern at delay in tabling audit reports in Parliament Sixty retired bureaucrats have written to the Comptroller and Auditor-General (CAG) over the “deliberate delay” in tabling the audit reports on the Rafale deal and demonetisation in Parliament. They demanded that these be tabled in the Winter Session. The CAG’s …
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