Democracy is a strange leveller. In domestic politics it has a way of springing up surprises which few anticipate. Even in foreign relations, it can make crises disappear in the same manner in which it can create them. When most had assumed that a second term for Maldivian President Abdulla …
Read More »Yearly Archives: 2018
A nationalism that’s anti-national
The recent outreach by the Rashtriya Swayamsevak Sangh (RSS) at Vigyan Bhavan in Delhi seems to have succeeded in its principal objective: an image makeover for a niche audience. Thanks to an obsequious media and a commentariat ever willing to suspend disbelief, the event has yielded the soft, liberal gloss …
Read More »Jasdev Singh, the voice of Indian hockey, passes away
As a commentator, he covered 9 Olympics & 6 Asian Games Renowned hindi commentator Jasdev Singh passed away on Tuesday after prolonged illness. Jasdev was 87 and is survived by a son and daughter. “It is with deep sadness that I note the demise of Sh. Jasdev Singh, one of …
Read More »Rock band sets protest tune atop a palm oil tank
Greenpeace activists on Tuesday scaled storage tanks at an Indonesian palm oil refinery along with a popular rock band which played pro-environment songs, protesting against a commodity found in everything from soap to biscuits. The green group said 30 activists and Indonesian metal group Boomerang had been “occupying” the site …
Read More »India ranks 158th in ‘human capital’ score, behind Sudan
India ranks 158th in the world for its investments in education and health care, according to the first-ever scientific study ranking countries for their levels of investment in human capital. The nation is placed behind Sudan (ranked 157th) and ahead of Namibia (ranked 159th) in the list. The U.S. is …
Read More »Exploring the life and struggles of a tribal transgender
Udalazhamtells the story of A. Raju who was born in a tribal settlement inside the Nilambur forest in Kerala While the country continues to debate social exclusion and marginalisation of the third gender, the life and struggles of Kerala’s only known tribal transgender, who died seven months ago, is now …
Read More »Apex court wants government to fill SAT vacancies quickly
The Supreme Court wants the government to quickly fill the vacancies at the Securities Appellate Tribunal (SAT), which is an important appellate body for filing appeals against orders passed by the capital market, insurance and pension regulators. While hearing an appeal filed by Quantum Securities, the apex court highlighted the …
Read More »Short-term power volume at new high as demand surges
Short-term power trading volumes for delivery, on Tuesday, hit an all-time high of 268.3 million units (MU) at the Indian Energy Exchange, in the wake of a surge in demand for electricity in the eastern, southern and western States mainly due to inadequate supply of coal and decrease in wind …
Read More »Liquidity crisis hits NBFC stocks hard
Concerns related to IL&FS has made investors turn wary of the whole sector The recent sell-off in the shares of non-banking financial companies (NBFCs) and housing finance companies (HFCs) has been so severe that some of the sector constituents are currently trading at a discount of over 50% when compared …
Read More »IL&FS, 40 group firms knock on NCLT doors seeking relief
Infrastructure Finance & Leasing Services, which is facing a severe cash crunch, along with 40 other group companies, filed an application with the Mumbai Bench of the National Company Law Tribunal (NCLT), seeking relief under Section 230 of the Companies Act. By moving NCLT, IL&FS can get more time to …
Read More »Microsoft, Adobe, SAP in data alliance
Microsoft, Adobe Systems and SAP have formed an alliance to offer clients using their applications a unified view of data on their respective end-customers. “There is a big data opportunity. But we have a small data challenge,” said Microsoft CEO Satya Nadella at the annual Ignite conference of the IT …
Read More »EU announces legal entity to maintain business with Iran
The European Union (EU) said on Monday that its members would set up a payment system to allow oil companies and businesses to continue trading with Iran in a bid to evade U.S. sanctions. Iran and the European Union (EU) announced their defiance towards U.S. President Donald Trump’s administration after …
Read More »China hopes Maldives will back BRI, trade deal
China on Tuesday signalled its expectation that the newly elected government in the Maldives will continue to back the Beijing-led Belt and Road Initiative (BRI) as well as the Free Trade Agreement (FTA) reached with the outgoing administration of Abdulla Yameen. “China and the Maldives enjoy traditional friendship and in …
Read More »Not ruling out a second referendum, says Labour
The Brexit spokesman of Britain’s main Opposition Labour Party on Tuesday raised the possibility of staying in the European Union (EU), more than two years after Britons voted to leave. Keir Starmer told the conference that another vote on Britain’s relationship with the EU should still be an option, in …
Read More »Hopes rise in India for an end to Maldives visa row
The new government in the Maldives will make resolving all recent issues with India a priority, and the problems of Indian job-holders awaiting work-visas will be a “key issue”, says a senior leader of the Maldivian Democratic Party and member of former President Mohammad Nasheed’s cabinet. While a decision is …
Read More »Swedish Parliament ousts Prime Minister in vote of no-confidence
Sweden’s centre-right Opposition and the far right ousted Prime Minister Stefan Löfven in a vote of no-confidence on Tuesday, as the left and right blocs wrangle over who can form a new government after neither won a majority in September 9 elections. Mr. Löfven’s departure was widely anticipated. The head …
Read More »Colombo warms up to Male, ready to welcome Yameen
Sri Lankan Prime Minister Ranil Wickremesinghe spoke to outgoing Maldivian President Abdulla Yameen and said he was always welcome in Colombo, official sources said on Tuesday. Mr. Wickremesinghe also met former President Mohamed Nasheed for lunch on Monday — after Ibrahim Mohamed Solih dislodged Mr. Yameen in the election — …
Read More »France offers Rafale’s naval version
Even as controversy rages in India over the purchase of 36 Rafale fighter jets for the Air Force through an inter-governmental agreement, a French Admiral has made a pitch for the naval variant of the fighter to the Indian Navy. The Indian Navy is on the look out for 57 …
Read More »‘Parakram Parv’ to be celebrated
The Indian Armed Forces will observe ‘Parakram Parv’ from September 28 – 30 to mark the second anniversary of the surgical strikes against terror camps across the Line of Control (LoC) and to “showcase the courage, valour and sacrifice of Armed Forces”. “The Indian Army conducted surgical strikes in 2016 …
Read More »‘PSU banks expecting credit uptick’
Union Finance Minister Arun Jaitley on Tuesday said public sector banks were expecting stronger credit growth this financial year on the back of stronger growth in the economy. “We are passing through a phase of good growth in the economy,” the Minister said at a press briefing following the annual …
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