India is too diverse to be governed centrally and with a single system. The way forward is for the central government to keep the monopoly of military power and a share of national resources while the provinces must have greater autonomy, recommends Colonel Anil A Athale (retd).
Former Karnataka chief minister S M Krishna, noted industrialist Kumar Mangalam Birla and famous playback singer Suman Kalyanpur were given Padma awards by President Droupadi Murmu at a ceremony at the Rashtrapati Bhavan on Wednesday.
Expressing deep concern over the recent act of violence against doctors, Vardhan stated that incidents of assault on doctors are reported from different parts of the country and this leads to sudden strike by doctors, gravely affecting the healthcare services.
Electronics major Samsung has received orders for around 1.4 lakh units of its premium smartphone Galaxy S23 worth a total of Rs 1,400 crore on the first day of its pre-booking for the device, a senior company official has claimed. Samsung India, Senior Vice President for Mobile Business, Raju Pullan told PTI that the pre-booking for Samsung Galaxy S23 is almost twofold compared to the previous version of the smartphone Galaxy S22. "We have clocked almost 1.4 lakh units as pre-book in the first 24 hours and this is almost two times of Galaxy S22.
Reserve Bank of India on Thursday said a centralised portal would be ready in three to four months wherein depositors and beneficiaries can access details of unclaimed deposits across various banks. As of February this year, about Rs 35,000 crore of unclaimed deposits were transferred to RBI by public sector banks in respect of deposits which were not operated for 10 years or more. "In order to improve and widen the access of depositors/beneficiaries to such data, RBI has decided to develop a web portal to enable search across multiple banks for possible unclaimed deposits based on user inputs," RBI Governor Shaktikanta Das said while announcing the first bi-monthly monetary policy for the current financial year.
'Aurangzeb, who had destroyed the Hindu temples of Mathura and Kashi and many others in the north, was a very different ruler when he came to Maharashtra.' 'He did not touch a single temple in Maharashtra.' 'It was possibly the greatest triumph of Shivaji's statesmanship,' notes Colonel Anil A Athale (retd), the well known military historian.
The Centre on Monday defended in the Supreme Court the third extension of service granted to Enforcement Directorate chief Sanjay Kumar Mishra, asserting it was due to a peer review being conducted by the Financial Action Task Force (FATF) this year and said he will retire this November.
"Modi ji should apologise. There is no question of our apologising," he added.
'It is time to use the Indian military's decades-long expertise in fighting insurgency successfully,' advocates Colonel Anil A Athale (retd).
We have our own problems for sure and they are not trivial, but for now, our economy is in not too bad a shape, our politics is as personality-driven and authoritarian as that of most countries in the world. We must make the best of what we have and not be excessively unhappy looking at the grass on the other side of the septic tank which may not be greener after all!, observes Shreekant Sambrani.
Mahindra & Mahindra chairman emeritus Keshub Mahindra passed away this morning in Mumbai due to old age. Mahindra, 99, breathed his last this morning at home peacefully, said a person close to the family. After joining the company in 1947, he became the chairman in 1963.
Supreme Court judge Justice DY Chandrachud, who has been asking lawyers to adopt technological interventions, on Tuesday said that he saw someone recording the court's proceedings on a cell phone and wondered "how can he do so", but then he realised this was not a big deal as nothing is confidential in an open court hearing.
A prominent Indian Diaspora body, FIIDS, on Monday urged Finance Minister Nirmala Sitharaman to allow non-resident Indians and overseas citizens of India (OCI) card holders to invest in the Indian stock market. Such a move would boost the Indian economy further by attracting investment from the global Indian community, said the Foundation for India and Indian Diaspora Studies (FIIDS) USA. FIIDS is a US-based institute for US-India policy studies and awareness.
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 should observe October 22 as Kashmir Martyrs Day to pay tribute to those who lost their lives to Paakistan's State terrorism, suggests Brigadier Narender Kumar (retd).
The dinner Jill Biden and her husband US President Joe Biden hosted for Indian prime minister Narendra Modi, June 22, at the White House brought together, Indians and Americans from so many firmaments.
The comments by a spokesperson in the British High Commission in New Delhi came amid concerns in India over the latest Covid-related travel restrictions announced by the UK.
'Imagine for a soldier -- first you conquer territory after fighting a fierce battle, suffer casualties and then you are ordered to come back to your side of the International Border in India.'
The Asian Development Bank has approved a US$ 1.5 billion (around Rs 11,185 crore) loan to India for COVID-19 vaccine procurement.
If a workable compromise is found and Russia'S Western borders are left undisturbed with a suitable buffer, it will indicate that the US is indeed serious about its focus on China, observes Colonel Anil A Athale (retd).
As fuel prices continue its northward march with petrol and diesel being sold at Rs 80.73 and Rs 72.83 per litre in the national capital, at least 21 opposition parties, led by the Congress have staged a Bharat Bandh protesting the rise in fuel prices and depreciation of the rupee.
It also assured that the amount of medical insurance coverage under the Ayushman Bharat scheme would be doubled from Rs 5 lakh to Rs 10 lakh.
While some states like Kerala and Telangana were badly hit by the strike, the impact was partial in Punjab, Haryana and Maharashtra
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.
All Pakistani moves towards peace will be seen as tactical compromises, to be abandoned when the situation changes, observes Colonel Anil A Athale (retd).
An administrative enquiry is under way to find out why United Bank's non-performing assets had been under-reported.
China's covid crisis could provoke a raw material crunch for India's EV industry later this year.
Constables Anand Oraon and Sunder Singh have been awarded the PMG for thwarting smuggling bids by armed smugglers along the India-Bangladesh international border in West Bengal.
India has entered a 'demographic sweet spot' with half of its population being under the age of 29. This 'demographic dividend' is likely to last for 2-3 decades and provides the government a unique opportunity to harness the vast potential of India's youth, points out Raj Kishore Mishra, the former civil servant turned development professional.
'There are occasions when the prices of individual items like food raise inflation; then supply-side measures must be taken.' 'But if there is continued inflation, it means liquidity is aggravating the situation.'
"The president pledged America's steadfast ongoing support for the people of India, who have been impacted by the recent surge in the COVID-19 cases," White House Press Secretary Jen Psaki told reporters at her daily news conference.
'The challenge is to put in place a strategy for future courses of action beyond April 14 when the lockdown comes to an end,' notes Brigadier Narender Kumar (retd).
'India should be aware that China will take full advantage of US domestic turmoil and reduced international prestige,' warns Colonel Anil A Athale (retd).
India's economic image is not affected due to Adani Group's recent decision to pull out Rs 20,000 crore FPO (follow-on public offers) amid allegations of financial wrongdoings, Finance Minister Nirmala Sitharaman said on Saturday.
Pakistan's offer to normalise relations with India is an attempt to buy temporary peace due to its economic and politico-strategic compulsions, notes Brigadier Narender Kumar (retd).
Reserve Bank Governor Shaktikanta Das will hold a meeting with CEOs of public sector banks on Wednesday to discuss issues concerning slow deposit growth and sustainability of high credit demand. As per the Reserve Bank of India (RBI) data, deposits rose by 9.6 per cent as compared to 10.2 per cent on a year-on-year basis, while credit offtake witnessed a jump of 17.9 per cent as against 6.5 per cent a year ago. According to an agenda circulated for the meeting, sources said, sustainability, including pricing and slow growth of deposits, would be discussed.
There are times in each nation's life when the gods shower their blessings on it. The right leaders are in place and they make the right decisions. Everything seems to click and good luck favours its people. Such times came to this country 50 years ago, recalls Admiral J G Nadkarni (retd).
'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.'
Addressing the 74th Annual General Meeting of the Indian Banks' Association (IBA), she said the industry needs to imagine how Indian banking has to be in the immediate and long-term future. As far as the long-term future is concerned, she said it is going to be largely driven by digitised processes and there is a need for seamless and interconnected digital systems for a sustainable future for the Indian banking industry.
With Supreme Court verdict virtually putting a full stop to their administrative career in BCCI, former presidents N Srinivasan and Anurag Thakur joined forces at an informal meeting in Bangalore on Saturday.
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