Editors Column
Right from saying that he would meet North Korean leader, Kim Jong Un under the right circumstances, boycotting the annual dinner with Washington correspondents, failing to convince his own party men to change health care laws, US president Donald Trump has done and said all the possible things that he had promised in such a short span of time that it appears financial markets have realised that h
The cut in deposit rates by the State Bank of India and the Bank of Baroda is without doubt an unkind cut. Those with small savings, among them people who are wary of entering the stock market because of its volatility, have the prospect of seeing their deposit rates drop in future. Badly hit, naturally, will be depositors with fixed incomes, and senior citizens who will likely end up worse off.
The ongoing fight between Raymond Limited and minority shareholder JHP securities once again brings back into focus the issues relating to corporate governance and lack of investor activism in India. What where other institutional shareholders doing all this while, after all they also had the same balancesheet to look at?
There is speculation that India will overtake Germany to emerge as the fourth largest economy globally by 2022. Having surpassed Great Britain in December 2016, now the next target would be to move beyond Germany in the pecking order.
Screen fatigue seems to have hit the human race big time, given that eyes are constantly exposed to various screens, from android and Apple I-phones, televisions to e-books, laptops, iPADS and computers. This over-exposure on the ‘eyes’ seems to dictate whether one would continue to watch, use and look at e-devices or not.
Amassive 1,000 per cent surge in 120 stocks from October 13, 2013 till date, after Narendra Modi was declared BJP’s prime ministerial candidate is symptomatic of the bull power in the stock market that has reposed huge confidence in his government.
Narendra Modi government will do well to quickly end the policy maven flip-flop on the proposal to tax farm income ending decades of exemption enjoyed by agriculturists post-independence. Taxing farm income was a British era repressive practice, this came to an end after India became independent in 1947.
In 2010, it was the 82nd battalion of Central Reserve Police Force (CRPF) that virtually got decimated in Dantewada district after a guerrilla operation of the left extremists led by Peoples War Group founded by late Kondapalli Seetaramaiah.
In the last few weeks, demonetisation has moved out of the headlines, perhaps because there are no long queues at ATMs. In a sense, there is little media interest in the impact of demonetisation. Some important questions remain unanswered on how much money finally came back to the banking system and what was never deposited with the banks ostensibly out of fear of the tax authorities.
As prime minister Narendra Modi himself told the civil services officers, fruits of economic reforms can be enjoyed only when they put an end to red tapism. True transformation on the ground can be felt only when governance is taken to the doorstep of people in remotest villages. For that to happen, people will have to take a big part in governance at grassroots.

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