India’s market regulator has increased scrutiny of deals by the Adani Group over the past year and will study a report by short-seller Hindenburg Research to add to its own ongoing initial investigation into the group’s foreign portfolio investors, as per two sources aware of the matter. On Wednesday, the …
Read More »Daily Archives: January 28, 2023
WEST BANK -ISRAEL ISSUES
Israel’s Defence Minister signalled on Friday that the military would stop its air strikes if Palestinian militant groups halted rocket attacks, a day after the deadliest Israeli raid in decades raised the prospect of a major flare-up in fighting. The limited exchange of fire between Gaza militants and the Israeli …
Read More »KASHMIR’S PASHMINA SHAWLS
Kashmir’s famed pashmina shawls, known for centuries for their intricate buta or paisley patterns, got a French touch this week. Artist Maximilien Pellet turned the fabric into a canvas for contemporary art forms at a Parisian exhibition, in a rare bid to cater to Western sensibilities. Mujtaba Qadri, owner of the label …
Read More »CHEETAH PROJECT TO BRING IN 12 BIG CATS FROM SOUTH AFRICA
India and South Africa have finally signed a long-pending agreement to translocate 12 cheetahs to India, the Environment Ministry said in a statement on Friday. The cheetahs will be transported to India by February-end and reintroduced at the Kuno National Park in Madhya Pradesh, where eight such cats were brought …
Read More »INDIA’S GROUNDWATER GOVERNANCE
Data show that India, with nearly 18% of the world’s population, occupies about 2.4% of the total geographical area and consumes 4% of total water resources. A World Bank report says that India is the largest groundwater user. A rapidly growing economy and population are straining the country’s groundwater resources. …
Read More »‘A BILLION FIREFLIES: CRITICAL CONVERSATIONS TO SHAPE A NEW POST-PANDEMIC WORLD’
News from Davos and Delhi in the third week of January has framed the moral and intellectual crises affecting Indian economic policies. In the first instance, speaking at a session at the World Economic Forum in Davos on India’s road to a $10 trillion economy, the Chairman of Tata Sons …
Read More »BUDGET 2023-24 MUST BALANCE ELECTORAL SIGNALLING WITH FISCAL PRUDENCE
In the week ahead, Finance Minister Nirmala Sitharaman will present her fifth and this government’s last full-fledged Budget before the Lok Sabha election in 2024. Although some electoral overtures can be made in an interim Budget next year, the Bharatiya Janata Party-led government will also be mindful of the flurry …
Read More »BASIC PRINCIPLES OF THE CONSTITUTION
In her first and customary Republic Day address to the nation, President Draupadi Murmu reiterated the founding ideals of the Republic on the eve of the 74th anniversary of the adoption of its Constitution. As the first tribal woman to occupy the highest office in the country, the 15th President …
Read More »STATE GOVT. MAKES ₹7.5-CRORE EQUITY INVESTMENT IN FIVE SC/ST START-UPS
The Tamil Nadu government has sanctioned ₹7.5 crore in equity investments to five start-ups that were founded and managed by entrepreneurs of the Scheduled Castes and the Scheduled Tribes. Chief Minister M.K.Stalin handed over the sanction orders on Friday in the presence of Minister for Finance and Human Resources Management …
Read More »AMENDMENT TO 1960 INDUS PACT
India announced on Friday that it wants to modify the 62-year-old Indus Waters Treaty (IWT) with Pakistan, citing what it called Pakistan’s “intransigence” in resolving disputes over the Kishenganga and Ratle hydropower projects, both in Jammu and Kashmir. India also protested Pakistan’s “unilateral” decision to approach a court of arbitration …
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