Yearly Archives: 2018

A change in the Maldives

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 …

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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 …

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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 …

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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 …

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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 …

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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 …

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‘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 …

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‘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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