'You are one of the drops that make that ocean, but when you leave it makes no difference to the ocean.'
A district collector leads Dalits into a temple in Tamil Nadu, which is then sealed. A Ganesh Nadar finds out why.
Modi wants the BJP to gets an additional 10% of the vote share from what it won in 2019. Plans are afoot to get new faces to replace MPs with poor chances of winning. Sources say more than 100 MPs are like to be axed, notes Modi biographer Ramesh Menon.
Prime Minister Narendra Modi on Sunday made a fresh push for reforms in global institutions, including the United Nations, asserting that the world's 'new realities' should be reflected in 'new global structure' as it is nature's law that those who don't change with times lose their relevance.
When Vineet Mittal first got into solar power, sometime around 2009, and was planting solar panels in Gujarat, renewable energy looked like a sector ripe for startups. Renewables were clearly the future of energy, and the big boys - Mukesh Ambani's Reliance, Adani Group, and the Tatas - were focusing much more on coal and petroleum. Little did Mittal know that things were going to change drastically.
An interest rate future is a financial derivative. For the uninitiated, a derivative is a financial contract the value of which is 'derived' from a long-standing security such as a stock or a bond, or even an asset, or a market index.
In several areas, the Indian government has put out a model law.
'I went to a school in Baroda, where if the boys harassed us, the teachers pulled the girls aside and said, "Oh, your skirts are too short".' 'They made us feel ashamed of having any sexual feelings or having bodies that were growing up to be a young women.'
Columnist Rajni Bakshi asks if the louder responses to the climate crisis will be those arguing that innovations are viable only when they give handsome and rapid monetary returns?
In January, Visa's chief executive officer, Al Kelly, said during an earnings call that "there's been a burst of the balloon in valuations in the fintech world". Noting that the trend of lower valuations "is a helpful characteristic of the current environment", he added: "We will look for capabilities and management teams that will bring more value to Visa than we can bring ourselves." Data from KPMG's Pulse of Fintech H2'22 shows that global fintech investment - via mergers and acquisitions (M&As), private equity (PE) and venture capital (VC) firms - at $164.1 billion in 2022, was down 31 per cent over the year before. Indian fintechs held up better during this timeframe, attracting $6 billion, or a fall of 24 per cent.
'With the current situation in the global job market, students come back with an added burden of educational loans.'
Street gave a thumbs down to Aditya Birla Fashion and Retail (ABFRL)-TCNS Clothing deal as analysts flagged near-term profitability risks for ABFRL with its latest acquisition. At the bourses, shares of the Aditya Birla group company tumbled 6.2 per cent in the intra-day trade, before settling 3.27 per cent lower at R 207.2. Those of TCNS, meanwhile, plunged 20 per cent to end at Rs 416.64.
Diversified entity ITC Ltd on Tuesday said it has entered into a partnership with IIT Delhi to support research in identified STEM (science, technology, engineering and mathematics) areas. A memorandum of understanding has been signed to this effect with the institute with an aim to accelerate India's journey towards achieving its sustainable development goals (SDGs), ITC said in a statement. Currently, the areas identified for research are energy storage, low carbon cold transportation, and plastic biodegradation to name a few and will further pave the way for more research in the areas of mutual interest, it added.
More and more women are making their presence felt in jobs related to sciences, technology, and engineering across organisations.
Billionaire philanthropist George Soros believes the turmoil at Gautam Adani's business empire may weaken Prime Minister Narendra Modi's hold on the government -- a statement which was strongly countered by BJP as an attack on Indian democracy.
Gold prices hit record high in the third week of March as fears of bank collapses and high inflation led investors to the traditional safe haven. Gold prices are often inversely correlated to dollar strength because the international price is dollar-denominated. The Federal Reserve's (Fed's) stance indicates that the dollar may appreciate further since it is prepared to keep pushing up policy rates. But demand for gold is also up - the World Gold Council claims central banks are buying in addition to private demand.
Byju's, India's most-valued startup, has decided to put two of its key assets -- Epic and Great Learning -- on the block to generate $800 million-$1 billion in cash, with an aim to meet the edtech firm's various commitments, including repaying the entire $1.2 billion term loan B (TLB) within six months, according to sources. The cash-strapped company has proposed repaying $300 million of the $1.2 billion loan in the next three months, depending on whether the lenders accept Byju's amendment proposal, said the people familiar with the development. "This loan repayment proposal has been submitted to the lenders and conversations are going in the right direction," said a person in the know.
'It's not really going to bring about purity in the election process.'
The ever-astute Ravi Matthai, Director of Indian Institute of Management, Ahmedabad in 1971, offered me a basic salary of Rs 1,000 per month on my return from the United States. I doubt if IIMA could hire a faculty member at Rs 55,000 per month today! points out Dr Shreekant Sambrani.
China and Pakistan have agreed to step up their defence and counter-terrorism cooperation amidst 'challenging times', as Pakistan Army chief General Qamar Javed Bajwa held wide-ranging talks with the Chinese military leadership to further cement their all-weather strategic partnership.
Dwaipayan Bose highlights the similarities and contrasts between ETFs and Index Funds.
Regulatory capacity, hyperactivity and excessive prescription are the biggest challenges the financial sector is facing, said Meleveetil Damodaran, former chairperson, Securities and Exchange Board of India (Sebi). Speaking at the Business Standard BFSI Summit on Wednesday, Damodaran highlighted the need for simpler, clear, and continuous regulations in the financial sector. He opined that the industry had felt it challenging to keep pace with the changing regulations.
There are millions of Indian women who avoid the responsibility of managing their finances due to a variety of reasons, including cultural and social conditioning.
The talks between the two leaders covered the entire gamut of bilateral ties as well as key regional and global issues, including the Ukraine conflict.
'This is what happens to a party when it gets trapped in the vicious circle of nepotism and dynastic politics'
Li also had a difficult meeting with some of the Western leaders on the sidelines, especially Italian Prime Minister Giorgia Meloni, who has signalled Italy's resolve to quit China's famed Belt and Road Initiative for its failure to bring the expected results to Rome.
As India's diplomatic tensions with the Land of the Maple Leaf escalate, so do the anxieties of countless Punjabis.
'Three decades of intensive discussions, protocols and Confidence Building Measures were jettisoned one fine morning in 2020.' 'The primary lesson that has been learnt is that that there is no reliability about the Chinese.'
The scandal shook English cricket to its core and led to numerous changes in coaching and administrative personnel at Yorkshire.
Argentina, Egypt, Ethiopia, Iran, Saudi Arabia and the United Arab Emirates have been invited to join the grouping.
The June quarter numbers of the country's largest listed healthcare services provider, Apollo Hospitals Enterprise (Apollo), were in line with Street estimates on the operational front. Net profit estimates, however, missed expectations due to higher interest and tax outgo. The revenue performance of the core hospital segment was robust, registering a 13 per cent increase over the year-ago quarter.
Nearly eight months after the government repealed the three controversial farm Acts, it has constituted a high-powered panel under the chairmanship of former agriculture secretary Sanjay Agarwal to make the minimum support price (MSP) mechanism more effective and transparent as promised by Prime Minister Narendra Modi in his televised address announcing the repeal. The names of three members from the Samyukta Kisan Morcha (SKM), the main grouping that spearheaded the year-long agitation at Delhi's borders, have been withheld, pending receipt by the government, stated a gazette notification. NITI Aayog member Ramesh Chand, Indian Institute of Management-Ahmedabad Professor Sukhpal Singh, Indian Farmers Fertiliser Cooperative chairman Dilip Sanghani, secretaries of the Departments of Agriculture, Indian Council of Agricultural Research, Food and Consumer Affairs, Cooperation and Textiles, along with representatives from the state governments of Karnataka, Andhra Pradesh, Sikkim, and Odisha will also form part of the panel.
We must heed what the CJI has said. Challenging every judgment of the central government is inviting chaos, asserts Shreekant Sambrani.
'It would have made (Producer) Ramesh Taurani very happy if I taken two Bombay stars, but the reason why I kept mentally rejecting the regular sort of casting was to discover this excitement, you know, can I crack it?'
'The party is breaking stereotypes by not inviting senior leaders to become chief ministers.' 'No other party has had the guts to do this.'
He said the country needs to have "zero tolerance" for corruption in the administrative ecosystem and this would work for the idea of a developed India.
RBI has, since January, cut its policy rate four times.
"We work with other countries to develop their capabilities and support their efforts to make free sovereign choices. More broadly, we aim to advance peace and stability in the region," he asserted.
'The world is watching carefully. The choices India makes today have consequences beyond its borders.'
'The senior army leadership has no interest in reconciling with Imran Khan, and no interest in seeing him return to power.'
