Editors Column

The National Democratic Alliance (NDA)-led by the BJP and Prime Minister Narendra Modi is set to complete four years in office shortly. In the next 12 months, the alliance will seek a second term in office. The big question is did the NDA come good on the promise of creating ten million jobs, as it said it would in its manifesto for the 2014 Lok Sabha elections.

Bharti Airtel’s fourth quarter losses from Indian operations – the first time ever – could be a temporary blip in the company’s scheme of things but it does beg the question whether the multi-billion dollar telecom services behemoth is under business stress and whether it will continue to bleed and lose to competition.

Engaging with US President Donald Trump on investment, trade and services relations has turned out to be a big nightmare for even his close partners. India is no exception to the mad rush with which Trump seems to have gone about implementing his poll promises and agenda to bring ‘American jobs back home’ and ‘Be American – Buy American’.

It is $100 billion and counting. There is no stopping the iconic Indian technology services provider and exporter Tata Consultancy Services (TCS) that has catapulted itself into the super league. The achievement is special because there has been no compromise of its reputation for professional excellence and corporate ethics that are the hallmarks of the Tata group.

The report that the government will not be a silent spectator at the forthcoming board meeting of ICICI Bank suggests that it is likely to raise issues of conflict of interest and corporate governance involving its top management and try to get answers through its nominee on the bank’s board.

Kathua, Unnao, Surat and a number of gory child rapes seems to have stirred the conscience of the nation. Political campaigns and partisan politics aside, this grave issue of mutilating children preceded by rape needs to shake up the nation.

From war rooms to war games, the Indian armed forces have been busy evolving strategies and sharpening tactics to lame Pakistan and tame China in an imaginary plot of having to deal with two unruly neighbours together on multiple fronts.

Why is it that the Income Tax department usually targets the Indian salaried class? When it is well known that salaried Indians judiciously pay taxes, should the department not leave them alone? Wilful compliance or tax deducted at source (TDS), whatever may be the reason, it is the salaried class that has contributed handsomely to the country’s tax kitty over the years.

Localised currency shortages in some states have dominated the headlines. Media reports across all platforms have highlighted the shortages in Andhra Pradesh, Madhya Pradesh, Uttar Pradesh, Telangana, Karnataka, Gujarat and parts of Bihar and there have been panic withdrawals of cash in other states as well following this.

There should be a sigh of relief all over. With normal rainfall of over 97 per cent of the long period average predicted by the weatherman, farmers all over would rejoice. A bountiful monsoon for the third consecutive year is particularly significant given that the country had gone through successive drought earlier.

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