December 8 is commemorated as SAARC Charter Day. It was on this day, 37 years ago, that the South Asian Association for Regional Cooperation (SAARC), an intergovernmental organisation, was established by Bangladesh, Bhutan, India, the Maldives, Nepal, Pakistan and Sri Lanka to promote economic growth in South Asia. Afghanistan acceded …
Read More »Daily Archives: December 8, 2022
THE FRAMEWORK OF RESERVATION
Early last month, the Supreme Court of India upheld the 103rd Constitutional Amendment Act, which had introduced 10% reservation for the economically weaker sections (EWS). The EWS quota and the Court judgment that followed have shifted the discussion on the legacy of affirmative action based on caste in India. With …
Read More »CYCLONE MANDOUS
With the cyclonic storm Mandous brewing over the Bay of Bengal likely to hit the north Tamil Nadu and Puducherry coasts around Saturday morning, intense rain may lash many districts of Tamil Nadu between Thursday and Saturday. The weather system may produce extremely heavy rain in a few districts on …
Read More »RBI LIMITS INCREASE TO 35 BPS
The Reserve Bank of India (RBI) on Wednesday raised the policy repo rate by 35 basis points (bps) to 6.25%, downshifting gears from consecutive increases of 50 bps, and scaled down GDP growth hopes for the year to 6.8% from 7%, even as Governor Shaktikanta Das exuded confidence about the …
Read More »