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Book profits in volatile week ahead
Markets had a volatile week and made their highs mid-week on Wednesday itself before some profit taking set in and markets gave up some of their gains.
Category: India, New Delhi,National,Opinion/Commentary
Vikas Dubey saga: Reflecting on Lucknow's badmen in nicer times
The manner of Vikas Dubey's murder (encounter) would cause Joey the child in awe of Shane played by Alan Ladd to scream: "That's not fair -- I hate you." A kneejerk response to the Dubey saga would lead nowhere without picking up the thread of a perennially unjust system of which the police are the chosen cat's paw. It reflects on the rottenness of the system that the real puppeteers, who pull the strings, seek to heap the odium exclusively on the police.
Category: India, New Delhi,National,Opinion/Commentary
Digital play with Indian business models (Column: Behind Infra Lines)
The last decade has seen rapid digitisation. However, the last three months have seen the pace of digitisation accelerate rapidly. Even as the world adjusts to a new normal, the ability to leverage digitisation to improve, create and innovate business models will be vital in deciding the winners of the future. In India, in this context, the two issues that assume significant importance are business models that can monetise user bases using transactions and the ability of technological solutions to create disruptors and opportunities in previously unexplored corners.
Category: India, Delhi,National,Opinion/Commentary
Time to bring match-fixing law into Indian cricket (Column: Close-in)
The time has come for the government of India to bring into effect the law for match-fixing. Although the bill has been languishing to be tabled in the Parliament since the last two years, there has been no movement as to when it will come up for discussion.
Category: International, Syrian Arab Republic,Sports,Cricket,Opinion/Commentary
Kashmir: Geelani didn't quit, he was dumped by Pak (Comment)
New Delhi, July 9 (IANS) Syed Ali Shah Geelani, the patriarch of the pro-Pakistan separatist movement in Kashmir, quit the All Parties Hurriyat Conference. That was the impression that his parting letter sought to give, but hidden somewhere was the fact that Pakistan terminated his services. He was dumped because he was old, unwell, bickering with his own separatist colleagues and was not fitting into Pakistan's new scheme of things vis-a-vis Kashmir.
Category: India, Delhi,National,Opinion/Commentary
GB Nagar reports 81 new Covid cases in 24 hours
Noida, July 8 (IANS) Even with the national capital struggling to keep its daily Covid-19 tally under the 2,000-mark, its neighbouring Gautam Buddh Nagar, which comprises Noida and Greater Noida, witnessed 81 new cases in the last 24 hours.
Category: India, Uttar Pradesh,National,Opinion/Commentary,Health/Medicine
Market momentum likely to take a pause
The week gone by began on a subdued note losing on the first two trading days and then gaining on the next three to end the week on a strong note. BSESENSEX gained 850.15 points or 2.42 per cent to close at 36,021.42 points while NIFTY gained 224.35 points or 2.16 per cent to close at 10,607.35 points. The broader market saw BSE100, BSE200 and BSE500 gain 1.95 per cent, 1.77 and 1.63 respectively. BSEMIDCAP gained 0.23 per cent while BSESMALLCAP was the odd one out losing 0.22 per cent.
Category: India, New Delhi,Business/Economy,Opinion/Commentary
Sagging electoral prospects behind Trump's H-1B action (Comment)
On June 22, US President Donald Trump issued an executive order suspending the entry of a number of non-immigrant work visa holders into the US till the end of the year. The visa categories affected include, most notably, H-1B, which has been used by more than a million Indian information technology professionals since the 1990s and L1 visa used by US companies to bring in workers from their Indian offices.
Category: India, New Delhi,National,Opinion/Commentary
India set for breaking new space horizons (Comment)
India has taken a historic stride towards opening up its space sector for private participation with the creation of IN-SPACe. I have met many exuberant youngsters in the past with eyes set on space who unfortunately could not walk through the system in the absence of a transparent policy framework. The initiative of our Hon'ble Prime Minister in bringing in a 'new space regime' has laid a solid foundation for India to multiply its capabilities in space by several fold. This new body would play a role of a guide for space entrepreneurs. Existing policies are being suitably tweaked to become more accommodative and inclusive, and less ambiguous. This makes it easier for the companies to obtain licenses and participate in end-to-end space activities.
Category: International, Costa Rica,National,Opinion/Commentary
We shall prevail
Union Home Minister Amit Shah made a very profound and pertinent statement that under the leadership of Prime Minister Modi, we shall overcome the two "jung" of COVID-19 and China and win both battles.
Category: India, New Delhi,National,Opinion/Commentary
Cricket, oh lovely cricket! (Column: Close-in)
The poem 'The Little Man Cricketer' written by Frank Jones comes to mind when cricket will finally see the light of day once again. England play West Indies at the Rose Bowl Cricket Stadium in Southampton on July 8, after what seems like ages.
Category: International, Nepal,Sports,Cricket,Opinion/Commentary
Banning Chinese apps not enough, give befitting reply: Bengal CM
Kolkata, June 30 (IANS) Extending ruling TMC's full support to the Centre on the India-China border issue, West Bengal Chief Minister Mamata Banerjee on Tuesday claimed that banning 59 Chinese apps would not bear results.
Category: India, West Bengal,National,Diplomacy,Indo-Pak/Pakistan,Opinion/Commentary
After the storm expect markets to consolidate (Market Watch)
Markets behaved on expected lines last week and bulls continued to drive home their advantage into June futures expiry. BSESENSEX gained 439.54 points or 1.27 per cent to close at 35,171.27 points while NIFTY gained 138.60 points or 1.35 per cent to close at 10,383.00 points. The broader indices saw BSE100, BSE200 and BSE500 gain 1.55 per cent, 1.77 per cent and 1.85 per cent respectively. BSEMIDCAP was up 3.55 per cent while BSESMALLCAP was up 2.88 per cent. The benchmark indices gained on three days and lost on one day with expiry day being virtually flat.
Category: India, New Delhi,National,Opinion/Commentary
The shadow of the Emergency (Comment)
"Globalization" may not have been part of the discourse 45 years ago when Indira Gandhi shelved civil liberties after declaring the Emergency but it is not possible to sketch that bleak episode on a wide enough canvas without touching such disparate points on the world atlas as Latin America and India's cow belt.
Category: India, New Delhi,National,Opinion/Commentary
Of diplomacy and defence (Column: Spy's Eye)
The Chinese muscle flexing on LAC over months culminated into the horrific killing of twenty Indian soldiers by PLA in Galwan valley of Eastern Ladakh on June 15, in the backdrop of an ongoing consultation between the Army commanders of the two sides on the situation in that segment as also a long standing higher level liaison between the Special Representatives of the two countries. The development brought into focus the need for a stronger display of military and diplomatic strength by India in dealing with a recalcitrant China and led the opposition leaders as well as many military experts to raise questions of operational and strategic handling of India-China relations.
Category: India, New Delhi,National,Opinion/Commentary
Cricket in the days gone by (Column: Close-in)
It was sad to learn of the untimely demise of Rajendra Goel. He was a left-arm slow bowler, who has the distinction of taking the highest number of wickets in Indian domestic cricket. He had a long tenure and played first-class cricket in India for more than two and a half decades.
Category: India, New Delhi,Sports,Cricket,Opinion/Commentary
Marc Gasol sets up first 3x3 professional basketball team in Spain
Madrid, June 26 (IANS) FIBA Basketball World Cup winner Marc Gasol has announced that his club of Girona Basket will found the first 3x3 professional team in Spain.
Category: International, Spain,Sports,Opinion/Commentary
A post-Covid macro framework for India
"If you've never stared off into the distance, then your life is a shame"
Category: India, New Delhi,National,Opinion/Commentary
Aditi Rao Hydari's 'Sufiyum Sujatayum' gets release date
Mumbai, June 22 (IANS) Aditi Rao Hydari's Malayalam movie "Sufiyum Sujatayum", which is going straight to streaming platform instead of a theatrical release, will release on July 3.
Category: India, Maharashtra,Cinema/Showbiz,Opinion/Commentary,Religion
India needs ubiquitous IoT connectivity to be truly Atmanirbhar (Comment)
The world is witnessing the fourth industrial revolution. Ever newer technologies are changing the way industries and businesses operate. In the midst of all this, Internet of Things (IoT) and artificial intelligence are playing a key role in IR 4.0, which will create smart factories.
Category: India, New Delhi,National,Opinion/Commentary
Short positions into expiry week could see increased volatility and movement
Markets gained on three of the five trading days last week but registered very strong gains on the last two days of the week to end with gains of almost 2.8 per cent. BSESENSEX was up 950.84 points or 2.81 per cent to close at 34,731.73 points while NIFTYY gained 271.50 points or 2.72 per cent to close at 10,244.40 points. The broader markets saw BSE100, BSE200 and BSE500 gain 2.44 per cent, 2.45 and 2.53, respectively. BSEMIDCAP was up 1.62 per cent while BSESMALLCAP was up 3.65 per cent.
Category: India, New Delhi,Business/Economy,Opinion/Commentary
During standoff in Ladakh, remembering another China, India, Vietnam story (Comment)
A strategy to undermine China beyond recovery has been spelt out by the closest Sinologist in Prime Minister Narendra Modi's cabinet, Ramdas Athawale, MP from Maharashtra and Minister of State for Social Justice and Empowerment. He exhorted the nation on a current affairs show on Wednesday that restaurants must stop serving Chinese food.
Category: India, Tamil Nadu,National,Opinion/Commentary
Premiumisation: Key play for India (Column: Behind Infra Lines)
As the Indian consumer market recovers from the Corona-induced lockdown and the ailing economy gradually heads back to normalcy, the spate of deal-making in the telecom sector has firmly brought the focus on the Indian consumer markets and the potential the consumer market holds in the foreseeable future.
Category: India, New Delhi,National,Opinion/Commentary
Lord Shiva, the Yogi (June 21 is International Yoga Day)
Yoga was developed by the Indus-Saraswati civilization in Northern India over 5,000 years ago. The word Yoga was first mentioned in the oldest sacred texts, the Rig Veda. The Vedas were a collection of texts containing songs, mantras and rituals to be used by Brahmans, the Vedic priests.
Category: India, New Delhi,National,Opinion/Commentary
It is not just about LAC (Column: Spy's Eye)
The continuing escalation of India-China tension on the border leading to a large-scale physical attack by PLA men on Indian personnel on the LAC in Galwan valley in Ladakh on June 15 -- that resulted in the death of 20 Indian soldiers including the Lieutenant Colonel in the field -- is a new development that calls for a relook at our China policy.
Category: India, New Delhi,National,Opinion/Commentary
Hibernation was never in the DNA of today's cricketer (Column: Close-in)
The lockdown period of cricket has brought to the fore many discussions on the game. There have been several panel discussions as well as individual interviews with cricketers and cricket experts. The game needs to be kept alive and the only way to do so where 'live cricket is not concerned is to have 'live performance.
Category: India, New Delhi,Sports,Cricket,Opinion/Commentary
John Legend can see himself in George Floyd's place
Los Angeles, June 19 (IANS) Shocked by the video of African-American man George Flyods last minutes, musician John Legend feels any of his family members could have been under the white Minneapolis police officer Derek Chauvins knee.
Category: International, United States,Cinema/Showbiz,Opinion/Commentary,Hollywood
The Athirapally 'conundrum' that hurts Kerala time and again
The Athirapally Hydro Electric Project has a history from the 1980s.
Category: India, New Delhi,National,Opinion/Commentary
US is facing a cumulative socio-political discontent (Column: Spy's Eye)
For the first time in his tenure, President Donald Trump's personal image as the leader of the only superpower of the world and as the head of the world's oldest democracy is taking a hit -- all because of his responses to the 'killing' in full public view of George Floyd, an Afro-American suspected of some small time 'offence', by a white police officer at Minneapolis.
Category: India, New Delhi,National,Opinion/Commentary
A recipe for a $5 trillion economy by 2024 (Dealing with the Dragon-V)
India always had problems in dealing with spectrum.
Category: India, New Delhi,National,Opinion/Commentary
Volatility in a choppy market to continue (Market Watch)
Markets are witnessing extreme volatility and while day traders may be happy with the kind of movement, it is unnerving investors. BSE SENSEX lost 506.35 points or 1.48 per cent to close at 33,780.89 points, while NIFTY lost 169.25 points or 1.67 per cent to close at 9,972.90 points. The broader indices saw BSE 100, BSE 200 and BSE 500 lose 1.52 per cent, 1.35 per cent and 1.27 per cent respectively. BSE MIDCAP, however, gained 0.37 per cent while BSE SMALLCAP lost a mere 0.08 per cent. The week gone by wasn't without its share of drama where on Friday markets opened with a big gap down on the back of 1,861 points fall in Dow Jones on Thursday. BSE SENSEX after being down 1,190 points closed for the day with gains of 242 points. A huge intraday swing of almost 1,450 points.
Category: India, New Delhi,National,Opinion/Commentary
A delusion that our lives were better during the Cold War? (Comment)
Pictures of unrelieved despair everywhere on TV and, that too, in the course of an extended house arrest (lockdown), does leave one, to use Faiz's words, with "pain where the heart once was". Heaven knows there were problems then too, but in these days of stress, I reflect on the period of the Cold War with an almost irreparable sense of loss. The period spanned my childhood, between my village and Lucknow, school, college, employment at The Statesman, The Indian Express, with papers in London, Boston and Salem, Massachusetts. All of this experience was without religion ever being an obstacle in the three continents where I worked. During my spell at Salem, my wife and I lived in nearby Marblehead where we were much pampered members of the prestigious North Shore Jewish Community Centre, something unthinkable in the post 9/11 Islamophobia.
Category: India, New Delhi,National,Opinion/Commentary
Post-Covid paradigm shifts in business management (Column: Spy's Eye)
It is interesting that both the US and India have apparently chosen a similar strategy of economic revival by way of relaxing the Corona lockdown even when the fight against the pandemic was still on. The logic is sound. Everybody now understands the nature of the virus and the essence of how individuals -- this being a people's fight now -- could avoid crossing the Corona's path by following the discipline of social distancing, use of mask and recourse to hand wash against a suspect surface touch.
Category: India, Punjab,National,Opinion/Commentary
Author Shobhaa De's attempt to hitch onto lockdown bandwagon, falls flat (Opinion)
New Delhi, June 13 (IANS) The Reconstruction Period (1865-77) that followed the conclusion of the American Civil War gave rise to the pejorative term Carpetbaggers to describe politicians and financial adventurers from the Northern Confederate states who descended on the South to reap from the devastation the conflict had caused.
Category: India, Delhi,National,Opinion/Commentary,Art/Culture/Books
The colourful rhetoric of cricket (Column: Close-in)
The racist remark brought to the fore by the West Indians, Jason Holder and Darren Sammy, on being called "Kalu" in India by their teammates and the crowd does make one feel sorry for them. However, both these players have played enough cricket in India to realise that such banter is in the DNA of cricket in India. This is a case of being oblivious to the culture of the sport as one encounters it everywhere.
Category: International, Costa Rica,Sports,Cricket,Opinion/Commentary
Hindu sarpanch's killing: A setback for Kashmiriyat, Modi (Comment)
The killing of Ajay Pandita, a sarpanch from the minority community in Kashmir, has jolted the Kashmiri Pandits who, of late, had started to believe that their dream of returning to their roots was heading towards realisation. The community had been silently working on building bridges with the majority community in Kashmir over the past several years and there were growing voices from the Kashmiri Muslims in support.
Category: International, Pakistan,National,Opinion/Commentary
Where will America go from here? (Comment)
Since the brutal death of 46-year-old African American George Floyd at the hands of a white Minneapolis police officer Derek Chauvin on May 25, the United States has witnessed civil strife of the kind not seen in more than five decades. In a video that has been streamed around the world millions of times, Chauvin is shown kneeling on Floyd's neck for nearly nine minutes, even as the black man is heard crying, "I can't breathe."
Category: India, New Delhi,National,Opinion/Commentary
Marketing -- In the times of the rogue virus (Comment)
Consumers and businesses are in flux, especially during the past many months, as they stagger around trying to react to the rogue virus Covid-19. Many companies who have tentative mindsets and lean budgets seem to have slashed marketing communication budgets to a whimper, as they slide back to a cautious 'show me the demand' syndrome. Brand relationships cannot be turned on and off. When brands go silent in times of crisis they shouldn't be surprised if consumers forget them as well. Unless they find ways to engage and stay relevant, the current scenario can be a horror movie. They will just have to watch demand sliding over the precipice.
Category: India, New Delhi,National,Opinion/Commentary
Laying foundation stone for India's future through 'Aatmanirbhar Bharat'
Modiji has led this country successfully for the last six years. This is the first year of the Second term which has been completed. This year was eventful. Modis work can be seen as a three-pronged activities. First, some historical national initiatives. Second, fighting COVID19 and, third, laying foundation stone for the future of India through "Aatmanirbhar Bharat".
Category: India, New Delhi,National,Opinion/Commentary
How does India's recent stimulus package compare with other countries? (Opinion)
Over the last week, the only issue under discussion in Indian business circles is about how much more Government of India could have done for reviving the economy which has stalled due to Covid-19. Indian Prime Minister announced the size of the stimulus package as Rs 20 lakh crore ? close to 10 per cent of the Indian GDP on May 12, 2020. The figure of Rs 20 lakh crore is also very similar to the entire tax receipts of the central government for FY 2020-21, if the year did not have Covid-19 related problems. Subsequently, India's Finance Minister provided details of the stimulus package over 5 days. The stimulus package is a mix of fiscal support, monetary support, ease of doing business processes, as well as some fundamental reforms.
Category: India, Delhi,National,Opinion/Commentary
Negative bias in markets to continue
Markets continued their volatile way and lost on four of the five trading sessions last week. BSESENSEX lost 544.97 points or 1.72% to close at 31,097.73 points while NIFTY lost 114.65 points or 1.24% to close at 9,136.85 points. The broader markets saw BSE100, BSE200 and BSE500 lose 0.99%, 0.75% and 0.68% respectively. BSEMIDCAP gained 0.68% while BSESMALLCAP gained 0.47%.
Category: India, New Delhi,National,Opinion/Commentary
Is it time for big changes (Dealing with the Dragon - I)
In his recent book, "Has China Won" published in March 2020, and in the many earlier books, Kishore Mahbubani has stated "US has blundered into geopolitical contest with China". Many other authors like Martin Jacques and Freidman also talk of the situation of Chinese domination, but the future is dependent on their performance.
Category: India, New Delhi,National,Opinion/Commentary
Indian cricket's dream One Day XI (Column: Close-in)
A few days ago, during a panel discussion on selecting the best Indian ODI side at a webinar, my thoughts went towards thinking about Indias one-day cricket. The first international recognised match one is familiar which took place between England and Australia in Melbourne in 1971 and the first World Cup in 1975 in England.
Category: India, New Delhi,Sports,Cricket,Opinion/Commentary
Are Internet platforms adversely affecting children in India (Comment)
With the extensive proliferation of online content, free wi-fi across many locations, dirt-cheap data plans on mobile, broadband and fibre optic networks, watching online content has become the most comfortable pastime with a massive reach across youth and millennials in urban and rural areas. Many web-series and online materials are blatantly displaying nudity, violence, obscene language, has children and growing adolescents in real or simulated sex, offends religious sentiments, and promotes and encourages terrorism. Parents, in many cases, have no idea about the content being watched by their children.
Category: India, Delhi,National,Opinion/Commentary
Corona fallout -- utilise the precious resource called time (Column: Spy's Eye)
Advent of the Age of Information, attributed to the success of the IT revolution, was defined by an instant connectivity across geographical boundaries that created a new kind of economic globalisation where business would be conducted with unprecedented speed. The new 'knowledge economy therefore, mandated that all relevant information needed for decision-making had to be quickly accessed and acted upon for achieving a competitive advantage.
Category: India, New Delhi,National,Opinion/Commentary
Hats off to the 11 gems of Indian Test bowling (Column: Close-in)
In cricket, batsmen are the ones who are mostly looked at as superstars. The bowlers are appreciated and recognised for their feats, but in the end, it is the batsman who hogs the show when the pages are turned many years later.
Category: International, Hong Kong,Sports,Cricket,Opinion/Commentary
Lockdown should be extended for the whole month of Ramzan (Opinion)
Firoz Bakht Ahmed, Chancellor, MANUU (Maulana Azad National Urdu University, Hyderabad), has written a letter to the Prime Minister requesting him not to lift the lockdown on May 3. He fears that in the wake of the Ramzan month of fasting there is possibility of the spread of the coronavirus extremely fast.
Category: India, Delhi,National,Opinion/Commentary
After spectacular rally use correction to re-enter (Market Watch)
The week at the markets consisted of a mere three days as there were religious holidays on Monday and Friday. It was a great time at the bourses as they registered big gains and improved the sentiment. BSE SENSEX gained 3,568.87 points or 12.94 per cent to close at 31,159.62 points while NIFTY gained 1,028.10 points or 12.72 per cent to close at 9,111.90 points. The broader markets saw BSE100, BSE200 and BSE500 gain 12.73 per cent, 12.41 per cent and 12.14 per cent respectively. BSE MIDCAP was up 11.31 per cent while BSE SMALLCAP was up 9.40 per cent.
Category: India, New Delhi,National,Opinion/Commentary
Sanders drops out of Democrats' presidential nomination race
New York, April 8 (IANS) The socialist contender for the Democratic Party's presidential nomination, Senator Bernie Sanders, has dropped out of the race paving the way for former Vice President Joe Biden to become the party's unchallenged candidate to take on President Donald Trump in November.
Category: International, United States,Opinion/Commentary
Two catalysts which have changed India and US for good (Comment)
What will the world look like after the coronavirus induced shut down? I am not in possession of a crystal ball for global survey but I can activate my intuition on the basis of two stories I have covered. I was in the US for the 2016 Presidential elections and I have followed the 2020 drama within the Democratic Party. In both the campaigns Democrats have been in convulsions not to select a nominee but to keep out the one they do not want -- Bernie Sanders. And now they are all mimicking the Sanders platform. The coronavirus has brought out in bold relief, the idea of Bernie Sanders as the panacea for the general distress. The platform the senator from Vermont stood on was total anathema to the great American establishment, its soul torn between Mammon and Joe McCarthy. The pandemic has brought the powerful establishment to its knees. People now matter and democracy begins to look like one. Neither the Democrats nor the Republicans will ever mention Sanders by name. That would be like eating crow. But they are all furtively lifting the Sanders manifesto. The idea of Sanders in todays context is larger than the possible nomination of Joe Biden.
Category: International, United States,National,Opinion/Commentary