Articles
The month of October saw a record foreign portfolio investors (FPIs) outflows from Indian equities, totalling Rupees 82,479 crore. Global factors such as Chinese stimulus and US Fed rate cut made valuations of Indian equities comparatively unattractive. The domestic institutional investors (DIIs) took it as a
Following the overthrow of Hasina-led Awami League (AL) government, the Khaleda Zia-led Bangladesh Nationalist Party (BNP) is very vocal about the Indo-Bangladesh relationship. Below is a summary of the party’s views. “India’s foreign policy mandarins in South Block have committed a massive blunder. They promoted
On 23rd July 2024, the Union of India Budget day, Nirmala Sitharaman reminded us why she is on Forbes’ World’s Most Powerful Women list: She is ranked 32, and shares the list with Taylor Swift and Melinda Gates. During the 86 minutes of her Budget speech, investors
A group of former presidents and prime ministers of the G20 countries have expressed themselves in favour of "billionaire tax". In their open letter to the current leaders of G20 group, they wrote that this initiative is a rare political opportunity. The Indian National Congress (INC)
In the 18th Lok Sabha, the opposition is strongest in our political history, with the INDIA (Indian National Developmental Inclusive Alliance) securing a record 234 seats. The BJP has a strength of 240, 32 short of the majority mark of 272. TDP and JDU together hold 28 seats and along with BJP’s other allies, NDA has formed the
Modi was set to lose 2024 like Vajpayee in 2004. Here’s what changed: If just 1 (one) out of the 66 people watching the government propaganda had changed their mind, the Supreme Leader would have been the Leader of Opposition today”. Yogendra Yadav, Shreyas Sardesai, and Rahul
In earlier exclusives, I have dealt with two crucial issues: 1) Unemployment, especially youth unemployment due to which our youthful demographics is wasted. And 2) increasing inequalities of incomes and weath. To recap, the following pie-chart summerises the unemployment
Inequalities in Incomes and wealth declined since independence due to the socialist policies adopted by successive Congress-led governments till mid-1980s. The land re-distribution laws enacted by the state governments, especially in the communist ruled states contributed most. In Karnataka and Andhra Pradesh
At the markets in Navi Mumbai where I shop for groceries, vegetables and fruits, young women and girl-children accost me and implore to buy garbage bags for a few tens of rupees. I wonder if they earn enough for two square meals a day. Then there are Swiggy, Zomato and other platforms whose delivery boys arrive at our door-steps with freshly cooked food from restaurants, daily essentials like fresh milk, eggs and bread etc. Have you wondered what they must be earning per day?...[By Philip Mudartha]
Given the political and highly contestable nature of the Ayodhya conflict, the 9th November 2019 unanimous verdict by a five-judge constitution bench expectedly continues to generate contrasting opinions. The bench had ruled that the entire 2.77 acres of..
After the hiatus of two months, I resume the series of exclusive articles. There wasn’t a dearth of news stories relevant to you. However, I must admit that my readers have been less than enthusiastic to express their views on these exclusives. Which, of course, affected my motivation
In April 1920, the World War-I Allies divided the former territories of the defeated Ottoman Empire. Syria and Lebanon went to France. Great Britain got Palestine. However, the Palestinian Arabs wanted an..
During the last decade of 19th century, a minority of Eastern European Jews rejected assimilation as minorities. Some others developed the modern European notion of nationalism. The emergence of nationalism deepened the Jewish existential crisis and Jews were forced to
In my previous article, I referred to Fred Jerome’s book “Einstein on Israel and Zionism”. I read it with my subscription to internet archive which gave me the accurate picture of Einstein as a human-being of very high moral calibre though irreligious. The full texts of Einstein’s letter to Nehru
Einstein was not an ardent supporter of Zionism, the Jewish Homeland project by the European Jews. He felt that the waves of arriving Jews could live alongside existing Arabs in Palestine. In 1938, he predicted that the Zionist project would be threatened by “fanatical Arab
The Hamas cross-border terrorist attack on Israel in the early hours of Saturday, the 7th October was unprecedented. Over 5,000 rockets were fired at Israeli cities, and villages. Under the cover of rocket fire, over 2,500 armed men poured into Southern Israel using either para-gliders or SUVs, trucks and motor-cycles.
Speaking in the Parliament on 10th August 2023, Prime Minister Narendra Modi hit out at the governance and policies of the Congress in the North-East. He recalled an episode from 1966 when the Indian Air Force (IAF) carried out an attack in Aizawl on the orders of Indira
I will begin this chapter on our banking system, with former RBI Governor Raghuram Rajan. He demitted office on 4th September 2016, upon serving his tenure of three years. After Modi-led NDA government came into office on 26th May 2014, RSS hotheads and “loose cannon” BJP members began their tirade
During the virtual Rozgar Mela event on 24th July, PM Modi said that the previous UPA government “destroyed” the banking sector with scams. His government has restored its good financial health, with India now known for the sector’s strength. According to him, "phone banking"
Only nine months to go for the 2024 general election. PM Modi and BJP have dusted off their divisive plan to enact a common set of personal laws for us irrespective of religion. Labelled as Uniform Civil Code (UCC), BJP had promised it in its 2019 LS Election manifesto. Speaking in Bhopal to his party cadre, Modi
In Namo’ste America, I wrote: “Ever since Modi came to power in 2014, India has attracted global attention on a range of concerns that indicate that some of its goings on are inherently undemocratic. Modi has regularly fuelled majoritarian sentiments in the country and has maintained silence
Our PM Modi was accorded the honour of addressing the joint session of US Congress for the second time. Before him, Manmohan Singh, Atal Behari Vajpayee, Rajiv Gandhi, Indira Gandhi, and Jawaharlal Nehru had addressed the US Congress once during their terms. Modi’s..
A new biography of our 10th Prime Minister (PM), Atal Behari Lal Vajpayee titled ’Vajpayee: The Ascent of the Hindu Right 1924-1977’, has just been released. Abhishek Choudhary, its author, presents the unseen side of Vajpayee and punctures several myths about him. There have been several biographies
BJP may find solace that their vote share is marginally lower (-0.35%). Its core constituents have remained loyal. That is not really solace because not only BJP has lost power but the chance for its “Plan B” (of Operation Kamala) has very little chance of success. JDS has lost 4.91% vote share and INC has gained 4.74%. The gap between INC and BJP has widened to 6.88%. It may seem that vote transfer from JDS to INC has happened. But, that may not be entirely true. Parties and political pundits will analyze region-wise..[By Philip Mudartha]