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At long last, the Supreme Court has done it. The apex court has told the king that he is naked.

Up until now, all those who left the Congress have been loners. Whether it was Subhas Chandra Bose or Jayaprakash Narayan or V.P. Singh or Mamata Banerjee, they didn’t have a large body of supporters behind them. Even Sharad Pawar had only two others with him, P.A. Sangma and Tariq Anwar, when he left the party in 1999.

When a central bank’s lending rate fails to either grow the economy or control high price inflation in a country, there is something intentionally wrong with the rate fixing. The current low bank rate in India obviously suggests that the RBI is intentionally ignoring the global practice of linking bank rate with both inflation and economic growth. The low bank rate seems to be benefitting only the stock market and a small number of big entrepreneurs, led by the likes of Reliance Industries (RIL) promoter Mukesh Ambani. In 2019, The net worth of Mukesh Ambani, India’s richest man dropped 28 percent or $300 million a day for two months to $48 billion as on March 31 due to the massive correction in stock markets.

With implementation of Unlock-4, India will be entering the most crucial phase of economic revival in the month of September, which happens to be the last month of the usual lean season of the Economy, and thereafter economic activities would pick up momentum with beginning of the festive season. This hope has emboldened the government to allow more relaxation during Unlock-4. However, there would be four special areas of great concern – the disease, death, debt, and hunger.

WASHINGTON—Trump’s acceptance of the Republican National Convention nomination for a second term as president Thursday night was not the first time a fascist posed as a fighter for workers who was bucking the establishment.

THIRUVANANTHAPURAM: The ruling Left Democratic Front (LDF) and the Opposition United Democratic Front (UDF) have squared up for a full -fledged political faceoff over a fire at the State Secretariat.

BHOPAL: Gwalior-Chambal region of Madhya Pradesh has become Kurukhetra both for the Congress and BJP. Shortly the state is going to witness by-polls in 27 Vidhan Sabha constituencies. All of these constituencies barring few have been rendered vacant because of the resignation by the Congress MLAs including followers of Jyotiradiya Scindia. Gwalior-Chambal region is supposed to be strong base of Scindia clan.

Amid the coronavirus pandemic and the annual flood damage, the political scenario is gradually becoming active in Assam — which is expected to go for assembly polls by April next year. Before the hitting of the pandemic, the state was witnessing protests against the Citizenship Amendment Act, 2019.

Longest serving Japanese prime minister, Shinzo Abe, has resigned on grounds of ill health. This has sent the Japanese stock market and other financial markets spiralling downwards.

The letter by 23 Congress leaders, all of whom have a long and trusted association with the party, should not normally have raised such an alarm in 10 Janpath. After all, an ailing Sonia Gandhi last year had herself hesitantly accepted the post of temporary party chief, till the vacancy was filled. Rahul Gandhi has reiterated repeatedly that he is not interested in returning as party president and Congresspersons should not seek appointments with him to discuss party matters.