Column

Crisis In Banking System

By Devidas Tuljapurkar, Despite India not being fully globalised, problem has arisen due to external shocks and domestic vulnerabilities   THE Indian banking sector is in deep crisis. The banking system has had no direct exposure to the subprime m..

India’s Gain From Trade War

BY RAPTI RAY & DR. BUDDHADEB GHOSH, The two main opponents in this Trade War are China and America. India can gain on both the fronts. Firstly, it can gain more footing in the Chinese commodity market, where US exports will not be able to penetr..

Of oil in my lamp......

              By Vijay Phanshikar, Unn Charaagon Mein Tel Hee Kum ThaaKyon Gila Fir Hamein Hawa Se Rahe (My Little Lamps Ran Out of Oil, So Why Complain About The Wind?) - By Javed Akhtar, Original in Urdu, ..

Invoking Article 226

                    In the considered opinion of the Supreme Court the petition filed by the first respondent under Article 226/227 of the Constitution of India against the appellant before the..

Dr Ramaiah Muthyala: A ‘rare’ scientist spreading awareness about rare diseases

  By Rajendra Diwe, Government of India has no public policy on rare diseases or on Orphan Drugs. It is further compounded by lack of trained doctors or diagnostic labs etc. There are no incentives to Indian pharma industry to develop Orphan Drug..

Shocking spiritual numbness of the society

            By Vijay Phanshikar, OUR society is paying a very heavy price for ignoring a very serious warning of an impending social crisis. Though scores of social thinkers have been issuing this warning, the larg..

Reviewing Death Penalty

By Amritananda Chakravorty, Recent studies show that research till date is not conclusive whether capital punishment decreases, increases, or has no effect on homicide rates, and these research findings should not influence policy deliberations . &..

Pollution Control Pays

                By Dr. Bharat jhunjhunwala,   A study for Shanghai published in the Journal of Environment Management found that the power plants around the Delhi, if fitted with air pollution ..

Of rudderless leadership

    Vijay Phanshikar,   ‘A picture speaks a thousand words’, was the wisdom taught to your’s sincerely when he was a young photo-journalist fifty-plus years ago. So, whenever he took pictures to embellish his st..

Growing Retail Sector

By K R SUDHAMAN, India’s retail sector, cruising towards $1 trillion by 2020 growing annually at 20 per cent, is in for exciting times as consumers want “clean and swanky” stores. INDIA’S retail sector, cruising towards $1 trilli..

Google’s Project For China

BY B SIVARAMAN, Google employees are objecting to Google’s surrender to the demands of the authoritarian Chinese regime which wanted to censor what the Chinese citizen could search and watch or read on the worldwide web. Hence, six US senators..

The mind ... the mirror!

  By Vijay Phanshikar,           Tora Mann Darpan KahalayeBhale Bure Sarey Karmonko, Dekhe Aur Dikhaye...(Your mind is your real mirror That sees and shows your good and bad deeds...) Mann Hee Devata, Mann Hee I..

Where practical argument freezes

 THE story of Ashok Munne, originally a resident of a village near Nagpur, is one narrative where any practical argument just freezes. As he relates his own story at the fifth edition of Global Nagpur Summit, he starts telling how he scaled Mount E..

Lack Of Vision

 A WOMAN footballer, who represented the country 10 years ago, is now running a roadside tea stall in West Bengal’s Jalpaiguri district. Kalpana Roy, 26, also coaches around 30 boys and trains them twice a day in order to keep herself fit, as..

These Funny Diktats!

                          By Vijay phanshikar,   It appears that the those in charge of education -- particularly in schools -- are least bothered about the long-term e..

Crucial G20 Summit

By K R SUDHAMAN, One of the focal points of the G20 will be a multilateral meeting on World Trade Organisation (WTO) and the reforms needed in the organisation in a manner that it serves India’s interest. Modi will focus on the need for reformed mu..

Borderless World

By AMIT KAPOOR, Globalisation, escalated by advances in technology, has created a borderless world. Policymakers should play the role of enablers by focusing on the overall environment rather than on specific firms. The correct approach is to identify th..

Ipos: Sebi’s Watch Needed

By Nantoo Banerjee,   Barring a small percentage of the country’s Central and State Government pensioners, who get manageable post-retirement benefits from the Government, the country’s vast working population, doesn’t have m..

US Yearning For Change

BY SAM PIZZIGATI, Democrats have a comfortable working majority in the US House of Representatives. They may move any big and bold new legislation in a positive direction. Just encouragingrallies on new legislation and taking floor votes on it, woul..

Of poetic relief -- in sky!

  By Vijay Phanshikar,       From time to timethe clouds give restto the moon-beholders. - A haiku by Matsuo Basho MOON-BEHOLDERS!That is a special tribe. Focused. Patient. Steeped in poetry. Stepped up in enthusiasm. Awake ..

Sexual Violence

  INDIA has called for the UN Security Council sanctions regime to “proactively” list terrorists and terror groups involved in sexual violence in armed conflicts, underscoring that prosecution of criminals engaged in trans-boundary cri..

‘Discipline is not  punishment’

  THE moment the speaker -- eminent educationist Mrs. Chanda Kundra -- raised the issue of discipline as part of character, at the Students’ Conclave 2018, every student delegate sat bolt upright -- What was she going to say now, everybody w..

Trump Stifling Bolivia

By CHRIS WILLIAMSON, Morales has implemented a variety of State-funded social programmes which have dramatically reduced extreme poverty, from 38.2 per cent in 2005 to 16.8 per cent in 2016. Poverty has declined from 60.6 per cent of the population ..

Govt’s Wish List For RBI

                  The imposition of GST affected large numbers of businessmen immediately. Fiscal policy, therefore, affects the electoral fortunes of the Government. Remember, the Congress had ..

Sops: Where Is The Money?

By L S Herdenia, Congress in its ‘Vachan Patra’ has promised the moon to the voters. If the Congress is voted to power and if it implements its manifesto substantially-even if not wholly- it would turn the State into a veritable utopia. &nbs..

Legacy Of Nehru

BY BRIJ BHARDWAJ, It needs to be remembered that Nehru campaigned hard for his party in polls but his speeches were more like lectures in development and history. He was proud of projects like dams, roads, but also created infrastructure for rural develo..

Of the Divine’s music

  By Vijay Phanshikar, Behold her, single in the field,Yon solitary Highland Lass!Reaping and singing by herself, Stop here, or gently pass!Alone she cuts and binds her grain,And sings a melancholy strain;O listen! for the Vale profoundIs overflo..

Daily Wagers’ Entitlement

                    SC quoted, “it is fallacious to determine artificialparameters to deny fruits of labour. An employee engaged for the same work cannot be paid less than another wh..

Catastrophe In Making

                      Every year there is water scarcity in various parts of Delhi. Due to environmental imbalance rains have fizzled and become erratic which further leads to the dr..

If this does not disturb us, then what will? - II

        - Vijay Phanshikar THERE may not be available any authentic data about who actually are the most loyal customers of App-based food delivery services. As this is a recent development, statistical and demographic comprehen..

THE ABSURD DIVIDE

  It was a day of grief and also of jubilation for wildlife lovers. While three cubs of a tigress walking on a train track that passed through forest area, were run over by a train, their worst fears regarding T1 Tigress’ cubs proved wrong a..

Support MSMEs

                By Dr. Bharat jhunjhunwala, India is a capital scarce- and labour surplus economy. We should create such policies that encourage the businessmen to employ more labour and less capital. We ..

Where is THAT Diwali?

  Vijay Phanshikar, Those were the days when a rupee could buy much more than today’s Rs. 50/- Those were, therefore, the days when fire-crackers worth Rs. 100/- were much bigger in quantity than what today’s Rs. 10,000/- can buy. And..

Small Need Big Support

By Anjan Roy, From the layman’s point of view there are apparently three main issues which need to be resolved with a general consensus among the policy makers. The liquidity crisis and particularly the funding of small and medium sectors from ..

100 Yrs Of Armistice Day

BY ANJAN Roy,       The present day world would not have been possible without the First War as it had for good destroyed the status quo and with it the final hour of high imperialism. The colonial powers were humbled and the old e..

Epiphany ... of liberation

    By Vijay Phanshikar,         I stood pensiveNear the sparkling water’s edgeWhere Nature drowns outThe madness of humanity Staring at the rising SunI’m delugedIn epiphany Peace restsOnly in the pla..

Accident Compensation

  THE question answered by the Supreme Court in the judgement of the case – North-East Karnataka Road Transport Corporation v. Smt. Sujatha, delivered on November 2, 2018, by Justice Abhay Manohar Sapre and Justice Indu Malhotra relate to gr..

If this does not disturb us, then what will?

          THE issue of physical fitness of youngsters has always stirred the thinking minds. In current times, the larger society has not missed the point that most youngsters in their late teens and later do not believe in..

The Delhi Malaise

New Delhi, November 8 (PTI): Delhi recorded its worst air quality of the year the morning after Diwali as the pollution level entered “severe plus emergency” category due to rampant bursting of toxic fire-crackers, authorities said on Thursd..

Forging Oppn Unity

By DR SATISH MISRA Naidu has reinforced the work done earlier by Pawar who has been stressing for over a year now that an Opposition front to oust the BJP from power needs to be welded around the Congress. Whether such a front becomes a reality would be ..

US Blockade Choking Cuba

By OLLIE HOPKINS,   Bahamas Ambassador Sheila Carey expressed the Caribbean Community’s “unequivocal opposition” to the blockade, which is estimated to have cost Cuba $933 billion (£718 billion) over the past six decade..

Absence Of Charge

                    The crux of the issue is whether omission to frame charge under section 302 IPC vitiated conviction of the appellant/accused. Charge was not framed against the appellan..

An Inhuman Way

                    By ANSHUMAN BHARGAVA, Deaths have been occurring thick and fast and nobody took notice all these days. No one bothered about the human rights violation manual scavengers an..

Reviving A Great Story

    Kevadia (Guj), October 31 (PTI): Prime Minister Narendra Modi dedicated to the nation the 182-meter tall statue of Sardar Vallabbhai Patel as a monument to the contribution of the great leader to the national cause. He used the occasion ..

A Trilateral Synergy

By SUBRATA MAJUMDER,   India and Japan have several commonalities in their relations with China. Both have a long history of political enmity with China. Notwithstanding that, China is the biggest trading partner of India and Japan. In both su..

Of a great awakening

  Vijay Phanshikar,   Mornings have always been a good time for fitness seekers. Jogging, long walks along the roads or in parks or playgrounds, long bicycle rides, gyms have always been most charming parts of mornings. Fortunately and ..

Protecting The Rivers

                  By Dr. Bharat jhunjhunwala, The Chaturvedi Committee and IIT Consortium have not given any explicit figures for the amount of water to be released from the irrigation barrages..

Imports Dominate Mobiles

BY NANTOO BANERJEE,   Gold and electronics imports are weighing heavily on India’s trade deficit. Relentlessly rising imports of electronic items, especially mobile phones, at a time when crude oil prices are skyrocketing, pose a high ri..

Revival Of Socialism

By IAN GOODRUM, By introducing certain market mechanisms while upholding state ownership of key industries, as well as sustaining the leadership of the Communist Party of China as the vanguard of the working class, China has been able to grow by leaps an..

Of assertion of the Divine...!

  By Vijay Phanshikar,           Nyaya Neeti Vivek Vichar/Nana Prasang Prakaar/Parikshiney Parantar/Dene Eeshwarache// (Justice Ethics Choice (and) Thought/ Many Kinds Many An Event/ Guessing Inner Idea Right/ God..

Res Judicata & Co-defendants

                    By Adv. R.S. Agrawal, ‘A schedule’ property has already been subjected to partition inter se among the plaintiffs after the death of Narayanswamy Mudaliar and t..

PC’s Official Blasphemy

  Chennai, October 22 (IANS): The Congress has not officially declared Rahul Gandhi as its prime ministerial candidate in the 2019 Lok Sabha elections in which its main objective is to defeat the BJP and usher in a progressive Government at the Ce..

Crisis In French Politics

By TOM GILL, Today, Macron’s star has thankfully fallen. The former investment banker, who stole votes from left and right on a false promise of a third way, is paying for his nakedly cut and slash pro-business, pro-rich agenda. He pledged a d..

Circumventing The Dollar

                              By Dr. Bharat jhunjhunwala,   At present, India pays to Iran in US Dollars through US Banks for the oil purchased from Iran. T..

Of purposeful blindness

    Vijay Phanshikar, Visiting the Swami Narayan Temple Complex towards the north-eastern end of the Ring Road is always a matter of immense satisfaction. Though the passage of the Ring Road from Chhatrapati Square on Wardha Road to th..

Switch Over To E-Vehicles

By Nantoo Banerjee, Prime Minister Narendra Modi is right in saying that the International Solar Alliance (ISA) could replace Organisation of Petroleum Exporting Countries (OPEC) as the key energy supplier in the future. However, alongside a rapid use of..

India’s Energy Security

By K R SUDHAMAN, A key initiative taken by the Government with regard to energy security is its strategic petroleum reserves programme. India is also pushing in a big way bio-fuel and a National Bio Fuel policy launched recently. Emphasis has been given ..

Angst of a failing expression

        By Vijay Phanshikar,             When I have fears that I may cease to beBefore my pen has glean'd my teeming brain,Before high-piled books, in charactery,Hold like rich garners the ..

COMPUTING JUST COMPENSATION

 THROUGH the judgement of the case – Sebastiani Lakra and Others v. National Insurance Company Ltd. and Another, delivered on October 12, 2018, a 3-judge bench of the Supreme Court, consisting of Justices Madan B. Lokur, S. Abdul Nazeer and D..

Socialists Oppose Trumpism

By JOHN BACHTELL, Trumpism fits into a global pattern of rising racism, ultra-nationalism, and authoritarianism   TWENTY-ONE months in, we can survey the damage done by the Trump administration. The GOP Congress has been plagued by internal d..

Promote Rupee Trade

By Nantoo Banerjee, To bypass the fresh US sanction on Iran, India is contemplating partial or full rupee trade with Iran and Venezuela for oil, with Russia for gold and diamond, and a rupee-renminbi trade with China. If implemented, this will certa..

In the deep heart’s core

  By Vijay Phanshikar,           I will arise and go now, and go to Innisfree,And a small cabin build there, of clay and wattles made:...And I shall have some peace there, for peace comes dropping slow,...I will ar..

Factors To Prove Bribe

By Adv. R.S. Agrawal,                       In order to prove a case against the appellant, it was necessary for the prosecution to prove the twin requirements of “demand and the a..

Question-mark on credibility of doctors

          Vijay Phanshikar   l The patient came in with a swollen left palm. One-fourth of the palm had become hard. A few days ago, the boy had run his palm along a rough wooden block, and a little splinter had pric..

Of A Balanced Job-Model 

New Delhi, October 11 (PTI): Prime Minister Narendra Modi, on Thursday, allayed fears of job loss due to technological development, saying that the 4th Industrial Revolution will change the nature of jobs and provide more opportunities.  Speaking ..

UNCTAD’s Warning Bell

By K R SUDHAMAN,   The bankability approach avoids the key question of how infrastructure can become a force of productivity –enhancing structural transformation and deliver much needed economic and social change in most of the developing wor..

Solar Power Issues

                By Dr. Bharat jhunjhunwala, Solar Alliance can challenge the OPEC only when the infrastructure for cross-border transmission of electricity is put in place. It is necessary to build i..

Extra-Judicial Confession

                      Extra-judicial confession is a weak piece of evidence and the court must ensure that the same inspires confidence and is corroborated by other prosecution evide..

We don’t teach them to think about themselves

        By- Vijay Phanshikar l The assignment was simple. Each member of the group of college students was expected to introduce himself or herself to all. So, stand up, come up front, and tell others about who you are, what are..

Of A Deeper Story ...

New Delhi, October 4 (PTI): Facing enquiry over charges of nepotism and conflict of interest, ICICI Bank Managing Director and CEO Chanda Kochhar, on Thursday, quit the bank, six months before her current tenure was to end.  Kochhar, 57, has also ..

Bypass US On Oil Imports

                By Dr. Bharat jhunjhunwala,   Global trade in crude oil is undertaken through the US banks. In order to continue to import oil from Iran, a special financial infrastructure to r..

About round-abouts

    Vijay Phanshikar,   There were times for us children in the city more than fifty years ago to go round and round the large or small traffic islands speeding on our bicycles. The traffic in Nagpur of those good, old days was m..

A Message To Maghreb

By ANJAN ROY, The Moorish Mosque in Kapurthala has very close architectural similarities with the Grand Mosque of Marrakesh. It is time that India seizes that tenuous Moroccan foothold to expand its presence in at least the North African region. &n..

The outer and the inner sky

  By Vijay Phanshikar, A low yellow moon above the quiet lamp-lit house - A haiku by Jack Kerouac           WHAT a metaphor -- with multiple meanings! But the most profound is the one etched in the visual memory ..

PILs Serve Public Interest

                    The present petition concerning the rights of prisoners, was initiated on the basis of a letter received by the court from a former CJI. It was initially resisted by the Sta..

Smart city sans smart people?

        Vijay Phanshikar   THIS -- Smart city sans smart people? -- is one question that is being asked all over the country as the Government keeps pitching for the much-hyped Smart City project for which a lot of foreign..

RSS Metaphor -- II

   “The RSS has reversed its stand on many issues.”- General criticism. OF COURSE, such a criticism was bound to emerge, even from the RSS fold, as Rashtriya Swayamsevak Sangh Sarsanghchalak Dr. Mohan Bhagwat engaged himself in a t..

PSBs’ Existential Crisis

By G. SRINIVASAN Even as it is surmised that BoB’s large balance-sheet and robust capital ratios and Vijaya Bank’s strong capital base would help in addressing the Dena Bank’s balance-sheet blues, policy wonks legitimately pose the quer..

Sugar Turns Sour

                By Dr. Bharat jhunjhunwala, The production of sugar in the coming year is expected to be 36 Million Metric Tons (MMT) against consumption of 26 MMT. There is over supply of sugar in t..

Of dignity, sanctity and sanity!

    Vijay Phanshikar, Of course, times have changed -- for better or for worse, or for both. Scales stand upgraded today in everything -- from the numbers of people to their activities. And everything has come for a price, and at times..

Maldives Ushers In Change

By Barun Das Gupta,   Ibrahim Mohamed Solih of the Opposition Maldivian Democratic Party (MDP) is known to be very close to the former President Mohamed Nasheed who was ousted from power by an Army coup in February, 2014 DEMOCRACY returned to the ..

Labour Sees Revival In UK

By RICHARD BURGON,   The global economic crash of a decade ago and the ongoing stagnation in living standards show that the need for such radical change is stronger than ever. Britain is the most unequal country in Europe and the old ways of d..

Hymn of human endeavour

    By Vijay Phanshikar, Runs end. Running doesn’t!         ULTRA-MARATHONER Dean Karnazes quotes an unknown runner at the start of a chapter of his book ‘Ultra-Marathon Man - Confessions Of An All-ni..

A utopian encounter!

          By Vijay Phanshikar, MEETING the group of youngsters -- all college-going boys -- is certainly a great experience. They seem fired by the idea of excellence. They are inspired by something that demonstrated itsel..

RSS Metaphor Deciphered

“Those who oppose us are also ours.” Dr. Mohan Bhagwat, Sarsanghchalak, Rashtriya Swayamsevak Sangh,at the conclave in New Delhi, where he delivered three lectures highlighting the RSS philosophy. SUCH statement can come only from an a..

Rupee’s Crisis Temporary?

By T.N. ASHOK, On September 3, the rupee closed below the Rs. 71 per dollar mark for the first time ever. This came a mere 18 days after it ended below the Rs. 70 threshold. Since January, the Indian currency has already depreciated by 10%, internat..

Invest In Technology

                      By Dr. Bharat jhunjhunwala,     The basic competitiveness of an economy depended on two factors—high technology and cheap labour. The absence of n..

Overseas Trade & Profits

By NANTOO BANERJEE,   By 2022, India’s overseas trade is expected to top the trillion-dollar mark as the economy is projected to grow at the rate of 7.5 per cent annually in the next few years. The country’s own transportation indu..

Litigant’s Right Of Appeal

                    After hearing the parties and on perusal of the record of the case and finding force in the submissions urged by the appellant’s counsel, the apex court expressed the ..

Challenge To German Left 

By VICTOR GROSSMAN THE events in the Saxon city of Chemnitz recently were truly frightening. The sight of Nazi-tattooed thugs growling threats as they stormed through the city center, chasing and beating up presumed “foreigners,” journalists ..

Cleansing Banking System

The no-holds-barred but clumsy personal attack against a person who is not in the country to defend his record, though the nation owed it to him for having recognised at long last and tried to resolve the festering issue with uncommon zeal unlike any..

Why The Rupee Is Falling

                    By Dr. Bharat jhunjhunwala, This survey was undertaken after implementation of GST. This means that GST has not led to an effective reduction in tax rates as was expected. ..

Expectations From New Cji

Justice Gogoi will take over as CJI on October 3, 2018 and will remain in office till November 17, 2019. He has to take the lead in protecting constitutional values. By PARAS NATH SINGH After months of speculations that were not entirely unjustifie..

Imran’s Innovations

The impression is that the kaaptan will not indulge in dynastic or nepotistic politics nor give in to the lure of corruption. Some decisions, already announced, are unprecedented. Ban on foreign trips for Ministers and bureaucrats for the next three ..

Social Media Abuse

                      Given the rapidity with which mobile and Internet penetration is increasing, it is vital to spruce up the cybersecurity system with more technological inputs an..

Let Us Define ‘Dissent’ - II

  “May we never confuse honest dissent with disloyal subversion.” Dwight D. Eisenhower,(former) President of the United States of America EVEN as some of us talk of dissent as a safety valve of democracy and fear that pressure cooker wo..

BIMSTEC Beyond SAARC

To be fair, the individual zeal and political will exist among the members, but the instruments have to be created and nurtured. No wonder, Nepal Prime Minister K.P.S. Oli urged the Summit to move on from deliberations to delivery, to translate promi..

Hazy Power Scenario

Hazy Power Scenario..

Of difficulty of ‘footloosing’

      Vijay Phanshikar,   Beyond doubt, Nagpur is changing because its landmarks are changing. A man who happens to visit the city now after, say five years, will not be able to identify places. So much change is taking place an..

‘Creamy Layer’

The Centre has been resorting to different methods to calculate ‘creamy layer’ for employees of Central, State Governments and the PSUs By Dhurjati Mukherjee THE Government’s decision, of implementing the concept of ‘creamy layer..