Extending its gains for the third straight session, gold prices on Thursday surged by Rs. 335 to Rs. 32,835 per 10 grams at the bullion market in the national capital, amid a weaker rupee against dollar, according to the All India Sarafa Association.Silver, too, followed gold, gaining Rs. 350 to …
Read More »Editorials
Scope for India-Iran cooperation
The Shah of Iran said to-night [January 2] there were tremendous possibilities of co-operation between Iran and India and “we must seek to develop it to the maximum possible extent.” Responding to the toast at the State banquet here [New Delhi], he stressed the importance of regional co-operation. “Those who …
Read More »Tea Trade in England.
The Indian Tea Association announces [in London] that the Food Ministry has arranged that licences shall be freely issued for private import of tea provided that no portion of the tea is sold for home consumption and at least fifty percent of importations are offered to Food Ministry. Subject to …
Read More »Breaking the stranglehold
Last year, on December 22, an incident of bonded labour reached the national headlines, even if only for a fleeting moment. BJP president Amit Shah tweeted on the subject. A week earlier, 52 trafficked labourers had been rescued from a ginger farm in Karnataka where they had been made to …
Read More »GST shortfall
Revenue collections from the Goods and Services Tax (GST) are going too far off the mark for comfort. Inflows declined for the second consecutive month in December to Rs. 94,726 crore from Rs. 97,637 crore in November and Rs. 1,00,710 crore in the month before. Between April and December, GST …
Read More »Caught in a crossfire?
The diplomatic row between Beijing and Ottawa over the detention and treatment of Canadian nationals in China continues to escalate, to the detriment of bilateral relations. But more serious could be the implications of the standoff for the ongoing trade war between China and the U.S. The spat goes back …
Read More »All along the coastline
The Cabinet has approved a significant relaxation of development controls along the coastline through the Coastal Regulation Zone (CRZ) Notification 2018, as part of a plan to encourage construction of buildings and launch tourism activities in areas that are closer to the high tide line. State governments and others had …
Read More »Lessons from Kerala
Last year, in October at Astana, Kazakhstan, world leaders declared their commitment to ‘Primary Care’. They were reaffirming what their predecessors had done in Alma Ata in 1978. The Alma Ata Declaration, as it was called, had been criticised as wishful thinking without a clear road map on strategies and …
Read More »Powering South Asian integration
On December 18, the Union Ministry of Power issued a seemingly anodyne memo that set the rules for the flow of electricity across South Asian borders. Evaluated against the turbulent politics around the issue, the new guidelines are a startling departure from India’s previous stance. In an atmosphere of regional …
Read More »Deterrence or danger?
India does not gain anything by escalating the nuclear arms race in the region with INS Arihant The indigenous nuclear submarine, INS Arihant ( picture ), is a great achievement for India. The Indian Navy, its engineers and scientists have done us immensely proud. But it might not be inappropriate …
Read More »Religion vs religious nationalism
Any rigid secular approach, unrestrained by considerations of electoral politics, could only lead to disapproval of Congress president Rahul Gandhi’s demonstration of his religious faith and his characterisation of the Congress as a “party of Hinduism”. His approach has been widely termed “soft Hindutva”, and as an attempt to compete …
Read More »Invasive mussel in Kochi backwaters
The fast-growing species can tolerate a wide variety of environmental conditions From clambering lantana plants to karimeen -like red-bellied paku, invasive species come in all sizes. The latest addition to Kerala’s invasives list is only around a centimetre or two long: scientists have confirmed the presence of the invasive black-striped …
Read More »Park Fair Fire. Loss of Life and Property.
The Madras Park Fair, opened much against popular wishes and in the teeth of united opposition of the City Fathers and a section of the Press, came to an unhappy termination last night (January 1). Fireworks were widely advertised all through the City. People assembled in large numbers at 8 …
Read More »Israel rejects UN Council censure motion
Israel last night [January 1] virtually rejected the Security Council’s unanimous resolution censuring it for last Saturday’s [December 28] attack on Beirut airport. It described the resolution as a reflection of the ‘moral, political and juridical bankruptcy of the world body’. The Israeli delegate’s response was also seen as an …
Read More »A Democratic hope?
Elizabeth Warren makes the first move towards a U.S. presidential bid Elizabeth Warren, Democratic Senator of Massachusetts, has announced her likely candidacy for the 2020 U.S. presidential race. In her statement she put racial and gender-based inequality front and centre in her campaign agenda, as much as income inequality faced …
Read More »Signs of a turnaround
Regulatory vigil should not ease after thehalf-yearly decline in banks’ gross NPA ratio The fog of bad loans shrouding the banking sector appears to be lifting after a long period of sustained stress. The Reserve Bank of India’s Financial Stability Report reveals the first half-yearly decline in the ratio of …
Read More »Boost to plain packaging
More countries are adopting the tough measure in order to curb tobacco consumption This year, Thailand and Saudi Arabia will join a growing club of nations introducing plain packaging of tobacco products. They are the first in the Asian and Arab regions, respectively, to adopt the tough measure in order …
Read More »Strange bedfellows in West Asia
Tel Aviv believes that improved relations with Riyadh will serve many major strategic goals Increasing intimacy between Saudi Arabia, the so-called bastion of Islamic orthodoxy, and Israel, the Jewish state carved out by the colonial powers in Arab Palestine, appears astonishing at first sight. The growing relationship, even if surreptitious, …
Read More »‘We need a long-term strategy to address agricultural distress’
The Lok Janshakti Party leader on the story behind the NDA’s Bihar pact and the chances of a non-BJP, non-Congress federal front Days after finalising the seat-sharing arrangement in Bihar for the 2019 general election with allies Bharatiya Janata Party (BJP) and Janata Dal (United), Union Minister of Consumer Affairs, …
Read More »The bilateral transformation
India and Bangladesh must seize the opportunity to further enhance connectivity and trade ties The spectacular victory of the Grand Alliance led by the Awami League (AL), headed by incumbent Prime Minister Sheikh Hasina, in Bangladesh’s 11th general election, has delighted her supporters. This election is also a milestone for …
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