Daily Archives: November 21, 2018

Financial crisis in West Europe

Money markets in London, Paris and Bonn remained closed to-day [November 20] in the wake of the financial turmoil which has rocked Western Europe during the past two weeks. The crisis was sparked off by fears of a devaluation of the French franc and a pricing upward of the value …

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When giants clash

The U.S.-China discord at APEChighlights the dangers of their tariff war Breaking with more than a quarter-century of history, the Asia-Pacific Economic Cooperation (APEC) organisation wrapped up its summit with no joint communiqué issued. Its leaders, principally led by the U.S. and China, clashed over the proposed wording of the …

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Amid institutional declineExtract:

The issue today is whether a dishonest system can be managed honestly Allegations of interference in major institutions have been the big news of late. The ongoing fracas in the Central Bureau of Investigation (CBI) has got out of hand, with the two top officials in the chain of command …

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Make it the Indian way

As industrial 3D printing transforms manufacturing, the country must adapt to additive technologies If ‘Make in India’ is to succeed, it needs to encompass ‘Make it the Indian Way’. It need not emulate mass production technologies, fuelled in Detroit by massive capital investment or in Beijing by cheap labour. We …

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Best-picture Oscars up for sale in rare auction

Two Academy Awards for best picture are going up for sale in a rare auction of Oscars. An Oscar awarded to Mutiny on the Bounty in 1936 and another given to Gentleman’s Agreement in 1948 will go up for auction in Los Angeles starting December 11.AP Source :  https://www.thehindu.com/todays-paper/tp-life/best-picture-oscars-up-for-sale-in-rare-auction/article25542935.ece

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Painting found is not Picasso’s

Painting found in Romania not by Picasso A Romanian novelist who thought she had found a painting by Pablo Picasso stolen from a museum in the Netherlands six years ago seems to have been the victim of a prank. Mira Feticu said an anonymous tip led her to the picture …

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Special tribute to Mahatma Gandhi

To coincide with the celebrations of the 150th birth anniversary of Mahatma Gandhi, IFFI 2018 will pay tribute to the Father of the Nation. The National Film Archives (NFAI) of India, in collaboration with the Bureau of Outreach and Communication, will hold a multi-media digital exhibition as a tribute to …

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RBI carries the bat

The Reserve Bank of India seems to have carried the day, after all, in Monday’s marathon 9-hour board meeting. Going by the brief statement that it put out, of the six deliveries that it had to play, the RBI has shouldered arms to two — PCA relaxation and capital framework …

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Talks on with 150 nations to reform WTO: Prabhu

Multilateral trading system is under stress, says Minister Commerce Minister Suresh Prabhu on Monday said he was in talks with at least 150 countries to work out the way forward for reforming the World Trade Organisation (WTO). He said that the multilateral trading system was under stress and a number …

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Republicans expand Senate majority

With their Florida victory, they now have 52 seats; Mississippi will see a run-off Bill Nelson, incumbent Democrat Senator from Florida, conceded the Senaterace to his Republican opponent, Governor Rick Scott, on Sunday afternoon after a prolonged and bitterly fought battle. A Statewide manual recount of votes left Mr. Nelson, …

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May reaches out to businesses

Cites Indian software developers, JLR in bid to convince industry of Brexit deal British Prime Minister Theresa May continued to defy her critics as she reached out to businesses, with an attempt to focus on her vision for the post-Brexit immigration regime. EU nationals, regardless of skill level, could no …

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Sri Lanka House adjourned till Friday

MPs aligned to Ranil seek the suspension of state funds to the PM’s Office, now occupied by Rajapaksa The Sri Lankan Parliament, which met on Monday following violence and disruption last week, was adjourned minutes after it convened, without a resolution to the ongoing political crisis. Lawmakers aligned to ousted …

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