Chief Economic Adviser V Anantha Nageswaran on Thursday said cryptocurrencies are akin to 'a world of Caribbean pirates' in the absence of a centralised regulatory authority and are yet to pass the test of a fiat currency. He said that the government is pursuing a 'high-wire balancing act' to ensure that the gains in growth, inflation, and rupee stability of the last four years are not frittered away. He said the recent development in Terra-Luna cryptocurrency, which witnessed a massive meltdown last month, is a 'very important cautionary tale'.
Who do you think should be part of India's playing XI in the first Test against Australia?
The only answer to 'How to crack the NDA exam' is to recognise what you need to work on and then get into it, advises Kamal Gupta, a BYJU'S Exam Prep Expert.
'After exiting jail, I thought some of my IIM-A classmates would contact me. None did.' 'The case indeed scared people, which perhaps was the objective of the State.'
India's traditional companies are now moving full scale into the renewable and alternative energy space that had been dominated by smaller players over the past decade. Companies such as government-owned NTPC and the Adani and the Tata groups restructured their businesses well in time to become major players in the green space. At the same time, other conventional companies, such as Larsen & Toubro and Reliance Industries Ltd (RIL), which have a presence both in the energy sector as well as myriad other activities - construction, technology and retailing - are tying up with new-age companies to hitch a ride to a greener path.
'RBI is already late in addressing inflation pressures.'
'The Israeli government is saying, "OK, leave northern Gaza, because we're going to fight Hamas there".' 'But Hamas is not stupid. They are going to put militants in southern Gaza too. And then what's Israel going to do?' 'At some point are they going to say, 'Leave southern Gaza too because we want to fight Hamas there? Go across the border to Egypt"'? 'That's what people are worried about. Because they fear that once they cross the border into Egypt there will be no coming back.'
'I enjoy this game, whenever I go in to bat, I put up a show.'
'See, nobody asked "Michael Jackson arrey, aap aaj kal toh filmon mein nahi gaate ho".' 'The problem is in India, a lot of undue importance is given to film singing.'
'The central government forces are supporting one group and the state government forces are supporting another group and this is resulting in non-stop cross-firing, which has resulted in the killing of many innocent people.'
'India cannot allow Beijing's policy of stabilising and destabilising the border at will to perpetuate its own ends.' A riveting excerpt from Manish Tiwari's 10 Flashpoints; 20 Years National Security Situations That Impacted India.
'What matters is meeting the needs and expectations of the people who have voted to provide governance for the country.'
Here's the full text of address to the nation by President Droupadi Murmu on the eve of the Republic Day 2023.
'The current budgetary practice of shifting expenditures off-balance sheet in order to be seen to be meeting fiscal targets should be discontinued; additional fiscal stimulus would be imprudent; individual income tax rates should not be cut; GST rates should not be raised now,' advise Arvind Subramanian and Josh Felman.
'I am a non-resident Indian. I didn't come to India to shine a light on its negative aspects.' 'I came to India to showcase what I think are remarkable aspects of India and Indians on a global scale.'
Acknowledging a job well done can go a long way especially for professionals who are the driving force behind an enterprise's business operations, notes Vijay Gupta, director-global human resources at Rahi, a tech solutions provider.
Tarak Sinha, the Indian coach with most number of international and first-class cricketers as his disciples, died on Saturday morning after a prolonged illness.
From AK47s in Kashmir to becoming an entrepreneur in Germany, Upasna Kakroo has seen it all
SKY perfectly equipped to play Tests, says Sachin Tendulkar
The Indian State does not believe in the rule of law. It does not even recognise the need to follow treaties that it itself signed. And so it is refusing to shell out to Cairn; and, as a consequence, has brought on the Paris humiliation, notes Mihir S Sharma.
In March 2020, soon after the cessation of airline operations globally and domestic flights within India, many in the aviation sector had written Delhi-headquartered low-fare airline SpiceJet's obituary well before that of most of its rivals. Unlike IndiGo, GoAir (now rechristened Go First), Vistara and even AirAsia India, SpiceJet did not have founders or backers with deep pockets. Although it is the only other listed carrier in India besides IndiGo, it was considered the weakest and the least likely to survive the pandemic. But chairman and managing director Ajay Singh surprised everyone by not only surviving but taking the lead on many fronts. Within a few weeks of the scheduled flight stoppage, SpiceJet was doing as many charter flights as it could get hold of.
'The impact of COVID-19 on the economy has been so overwhelming that even a significant drop in global oil prices, which in normal times would have brought cheer, has posed new challenges for the government,' observes A K Bhattacharya.
December 3, 2021 marks 50 years since the beginning of the 1971 War which ended in a decisive military victory for India and the liberation of Bangladesh. Most analysts of the 1971 War agree that the IV Corps dash across the mighty Meghna river led by the brilliant General Sagat Singh was the turning point in the war, recalls military historian Colonel Anil A Athale (retd).
'India and China have the wise and sage leadership to steer this complex relationship in the coming decades.'
Australia great Ian Chappell says India's attitude towards achieving excellence should be copied by the ambitious cricket nations for the well-being of the Test format.
Boundary-breaking Designer Ujjwal Dubey is shaking up the fashion industry with his gender fluid collection.
'It is only when Beijing sees a country with an infirm political will such as India that it acts up as the PLA has done in eastern Ladakh.'
'That is the one headline the world is reading about India this week, and it is a potentially damaging story...' 'I don't think a panic mentality has set in, but this story is one that investors and market watchers are absolutely seized with.'
India may have not won the third Test, but the team which has turned into an 'injury-ravaged' outfit walked out of the SCG with heads held high. The roar of a jubilant comeback from the Indian side will undoubtedly be echoed in the SCG stands for years to come.
The uptick in prices ranging from steel to wheat could benefit lots of commodity-based companies -- from State-owned SAIL to the agro exporters.
'I think, it is very important to be aware of what you think about yourself. At the end of the day, if you have more responsibility, you know you can have a different vision so you need to stay true to yourself. If I know my game is not where it should be, then I do not need someone to push me, I am myself aware of it.'
Despite the demonetisation of 2016 and the rise in digital transactions that followed, the economy's dependence on cash has remained as high as ever. So when the Reserve Bank of India (RBI) introduced a pilot project of its version of digital cash - called the central bank digital currency (CBDC) - on December 1, many questions were asked. Can the CBDC replace physical cash, even partially? Can it match cash in terms of convenience? Are CBDC transactions truly anonymous?
'Unlike on the western and eastern borders where there is an enemy at the gate, here there is an invisible enemy which is building its own capability and can come into play at a time and place of his choosing.'
'Not many know that Ratan Tata became chairman of Tata Sons because of Cyrus's father Pallonji Mistry. But he (Cyrus) never used it or leveraged it to his benefit.'
The school was run on strict Gandhian lines, with stress on students doing things themselves. Physical comforts were minimal, in keeping with the relatively backward geographical area. But it had a staff of teachers dedicated to educating their students, not just imparting them book-learning, remembers Shreekant Sambrani.
'I want to tell everyone that whether you are fat, slim, tall, short, black or white, it does not matter. What you are doing from the bottom of your heart is what matters.'
India needs to shed its policy of lethargy and inhibitions to engage the Taliban with an intent to maintain its influence in Afghanistan. This would not just put a spanner in Pakistani designs, but also incentivise the Taliban not to be the puppets of GHQ, Rawalpindi, asserts Colonel Nikhil Apte (retd), who served on the Af-Pak desk at the Military Operations Directorate.
'He listens to you and he will do exactly what you tell him to do.'
Trump can afford to say that COVID-19 is a 'China virus', but we can't expect Modi to say that aloud while his actions may speak louder, says Rup Narayan Das.
What happened at the Gabba on January 19, 2021 now sits at the pinnacle of India's most significant Test wins, declares Faisal Shariff.
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