Our precipitous decline is being noticed and recorded abroad with alarm. It is strange that within India we are carrying on as if it is business as usual, observes Aakar Patel.
The Chinese Embassy in London and the Chinese ambassador to the UK issued strong statements condemning the UK's move as a disregard for its representations and 'blatant' interference in its internal affairs.
Top Indian IT firms, such as TCS, Infosys, and Wipro, have signalled taking aggressive cost take-out measures, including reduction in sub-contracting costs, travel expenses, freeze in salary hikes, and holding back variable payments, among others.
'The fatal mistake for the USSR was the invasion of Afghanistan.' 'Quite possibly the fatal mistake for the Chinese empire is the assault on Ladakh,' observes Rajeev Srinivasan.
'The finance ministry's decision to accept the deficit target of 4.5 per cent in 2025-2026 appears to have emanated from its endorsement of the Finance Commission's view that the Indian economy will continue to remain impacted by the pandemic, adversely undermining its growth potential,' notes A K Bhattacharya.
Sponsors also worry that organisers have not told them what contingency plans there are in case the pandemic derails the Games again this year.
China is slowing down, Europe is barely afloat and the US is meeting a larger chunk of its own demand.
The plan involves the Rajya Sabha and Lok Sabha seating half of their members in their respective chambers, reports Archis Mohan.
The performance of real estate companies is dependent on a lot of intangibles and is prone to errors in assumptions.
Billionaire Mukesh Ambani's Reliance Industries has started a limited test use of WhatsApp to connect customers to grocery stores, days after Facebook decided to invest USD 5.7 billion in digital assets controlled by the company. JioMart, an e-commerce venture of Reliance Retail, "has already started interacting with customers on WhatsApp for grocery orders" in Navi Mumbai, Thane and Kalyan, Credit Suisse said in a report.
The assumption that Sonia Gandhi can do no wrong has to be challenged by the public, the media and the political class, says B Raman
He also alleged that for the Bharatiya Janata Party dispensation and its allies being a Hindu is no different from the team identity loyalty of the 'British football hooligan'.
'Just see what kind of political, social and economic impact it will have when the number of unemployed goes up four times in one year suddenly.'
World leaders said they were looking forward to working with Joe Biden, as they welcomed the 46th President of the United States with praise and took parting shots at his predecessor Donald Trump.
'Event management can distract from, but not permanently mask, execution failures,' points out Rathin Roy, director, National Institute of Public Finance and Policy.
While Pep Guardiola has brought two Premier League titles, smashed records and produced some of the most glorious football the club's fans have ever seen -- European success remains elusive to his team.
Given India's reliance on coal, electric vehicles could at best be 10% more efficient than petrol in terms of CO2 savings.
'Not taking away any credit from India, but when they won in Australia, there is no doubt that Australian cricket was going through a turmoil and there were problems in their dressing room'.
'We thought we'd be away from Mumbai for two or three years.' 'If only life were that simple!'
The external affairs minister, delivering the Sardar Patel Memorial lecture, also made it clear that any attempt to unilaterally change the status quo of the Line of Actual Control (LAC) is 'unacceptable' to India.
'This encourages escapism through the politics and economics of nationalism, made worse by tribalism or nativism, the package accompanied inevitably by the erosion of institutional bulwarks and therefore State capture by powerful businessmen,' notes T N Ninan.
Former MP Dr Ajoy Kumar on Monday offered to resign from the post of president of Jharkhand Pradesh Congress Committee and Punjab Congress chief Sunil Jakhar quit their posts.
Choked almost manages to be a real depiction of life after demonetisation for a lower middle class household but ends up being a puzzle in a puddle, feels Moumita Bhattacharjee.
To meet the revised estimates for 2019-20, the central government will have to garner Rs 5.03 trillion in total revenues in March, which has seen the worst phase of the coronavirus pandemic so far and the resultant lockdown.
'Investors should be careful in getting carried away; although a reversal of IPO frenzy this time is taking longer than in the past.'
Who knows, the moment of truth in Ladakh may also augur for a giant leap toward boundary settlement with China in the fulness of time. The news that the special representatives of the two countries are planning to meet gives a positive signal, suggests Ambassador M K Bhadrakumar.
For the current fiscal which ends on March 31, it put the real GDP estimate at 5 per cent. It estimated a 7 per cent growth in 2022-23 and 2023-24 fiscal years. The inflation rate was seen moderating to 4.4 per cent in the next fiscal from 4.7 per cent in the current.
Apart from supply chain disruptions, Moody's also expects consumption and investment to be affected and prices of oil and other commodities to remain around current lows until the end of June.
Malavika Sangghvi gives us fascinating glimpses from Dilip Kumar's life.
'If I close my housing loan, are there any investment avenues (the investment should provide liquidity) to save tax?'
'Your comments about my body is a reflection of an insecurity about yours,' the model-actor wrote on Instagram.
New Zealand coach Gary Stead, on Tuesday, said he was a bit surprised by India's abject surrender in the first Test but is expecting a strong comeback in Christchurch.
In some ways, Jyotiraditya parting ways with the Gandhis was similar to the saga of the Gandhis and the Bachchans, largely a story of friendship that turned sour. A fascinating excerpt from Rasheed Kidwai's The House Of Scindias: A Saga Of Power, Politics And Intrigue.
A fascinating glimpse from Somak Ghoshal's 10 Indian Heroes Who Help People Live With Dignity.
The USS John Paul Jones acted like a dog marking the lamp post, observes Ambassador M K Bhadrakumar.
The end goal of defence procurement should be not import or indeginisation but securing the country through able and ready armed forces, says Air Marshal P V Athawale (retd)
These companies provide better quality jobs and so it is particularly reassuring to see these jobs grow faster than the overall growth of jobs in India, says Mahesh Vyas.
'After the Congress's 2014 Lok Sabha debacle, commentators identified three major shortcomings: Leadership, organisation, and ideology.' 'Here we are six years later -- and what are the Congress's major failings? Leadership, organisation, and ideology.' 'The party seems to have learned very little during its six years in the Opposition wilderness.'
Rhea wants a stay on the Bihar police probe.
Elaborating on its not-so-pleasing outlook on the economy, Crisil said private consumption demand, which has been the bulwark of growth for the last few decades, grew by a pale 3.1 per cent in the first quarter as against 7.2 per cent growth in the preceding quarter.
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