Monthly Archives: November 2018

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 …

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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 …

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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 …

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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 …

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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 …

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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 …

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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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