Daily Archives: November 22, 2018

World monetary crisis: ‘Group of Ten’ meet

West German Economics Minister Karl Schiller said to-day [November 21, Bonn] that financial leaders of the 10 major non-Communist industrial countries were facing very difficult problems in their efforts to solve the current international monetary crisis. He told reporters after a three-hour session on the second day of the conference …

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Limits of CBI jurisdiction

Can States bar the Central Bureau of Investigation (CBI) from functioning in their territory? Yes. The CBI is a national agency with police powers. Its primary jurisdiction is confined to Delhi and Union Territories. As policing (detecting crime and maintaining law and order) is a State subject, the law allows …

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War without end?

The attack on a religious gathering in Kabul that killed 55 people, including several scholars and clerics, is another signal of Afghanistan’s descent into chaos. The clerics had gathered to mark the birth anniversary of Prophet Mohammed when the suicide bomber blew himself up. The Taliban denied responsibility and blamed …

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Justice, 34 years on

The conviction of two rioters for their role in the 1984 anti-Sikh violence in Delhi marks a rare success in the long struggle to bring the perpetrators to justice. Of particular significance is that this case, relating to a mob attack on shop-keepers in Mahipalpur, was resurrected after being closed …

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The post and the person

The Constitution Bench of the Supreme Court is examining a public interest litigation (PIL) that could be critical for Indian democracy. The PIL, which seeks the strengthening of the Election Commission of India (ECI), includes a proposal to create an independent mechanism to appoint the Chief Election Commissioner (CEC) and …

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Retweeting brahminical patriarchy

It is either mischievous or ignorant to claim that ‘brahminical’ only refers to brahmins Imagine a celebrity Indian CEO going to the United States and having himself photographed with women of colour while holding a poster that said, “Smash racist patriarchy”. And then, imagine white Americans coming down on him …

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The RBI concedes a vital principle

Its openness to the board discussing all policy decisions may well be a paradigm shift The angel was in the detail of the terse press note that the Reserve Bank of India (RBI) issued after the meeting of its board of directors on November 19. Every one of the four …

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Getting justice for Asia Bibi

Last month, the Pakistan Supreme Court acquitted Asia Bibi, a Christian woman accused of blasphemy, citing lack of evidence. The verdict must rank as the boldest in the chequered history of Pakistan. The judges showed remarkable courage in going against the far-right ideology responsible for the extralegal lynching of an …

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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. 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

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 supposedly Picasso’sTete d’Arlequinunder a tree in eastern …

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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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SEBI acts on illiquid options trade manipulators

SEBI acts on illiquid options trade manipulators

The Securities and Exchange Board of India (SEBI) has started acting against entities that are alleged to have executed manipulative and orchestrated non-genuine trades in the illiquid stock option segment of BSE almost five years ago.The penalty, however, imposed in most cases has been the minimum stipulated Rs. 5 lakh, …

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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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