Reviving banking system

The decision by the Reserve Bank of India (RBI) to grant banks the option to spread provisioning equally over up to four quarters for mark-to-market (MTM) losses on investments is one that merits discussion. These investments are those held in Available for Sale (AFS) and...

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Stick to the book

Amarendra Das The Terms of Reference (ToR) of the 15th Finance Commission of India has drawn flak from southern states and Odisha as it uses population data from Census-2011 to decide the shares of taxes among states. States that have achieved replacement rate of population...

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Voter Is King

The poll process in Karnataka is, most likely, making everyone involved bite their nails now. The talk that it is heading for a hung assembly may not be correct. Campaigning is winding up and the heat and pressure are increasing. Recent examples of state elections...

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Nepal’s Oli

Nepal's relations with India have not been seeing the best of times. This has been so ever since the exit of King Birendra, the 'benevolent' king who maintained very close and brotherly relations with its southern neighbour. Birendra's assassination in a palace intrigue and the...

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Towards Day Zero

Deus ex machina. The only thing that has saved Cape Town, the famed tourist destination in South Africa, from endless queues for drinking water at least immediately is nothing but divine intervention. Rains in catchments of its drinking water reservoirs have pulled the African city...

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Hide and seek

Discipline and integrity were supposed to be the hallmarks of the bureaucracy when, 70 years ago, India stepped into its new era of freedom and democracy. Those nice, heart-warming perceptions have, however, evaporated over time. India's bureaucracy is seen as being among the most corrupt...

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Missile ‘mis-adventures’

India is on a new adventure, namely, to enter the global weapons market. The Make in India programme supposedly had such a component at the very conceptual stage. Now, defence minister Nirmala Sitharaman took matters to a new level by saying the country is seeking...

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Red to greening

The draft National Forest Policy 2018 has come in for criticism, owing to the possibility that it could provide private parties with a free hand in how forest wealth is utilised and managed. Civil groups have objected to the proposed Public-Private Partnership model of afforestation...

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Bhubaneswar, India
Friday, September 21, 2018
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