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FACTORS THAT COULD DETERMINE SUSTAINABILITY OF GOLD BULL RUN

2008 GLOBAL FINANCIAL CRISIS OFFERS SOME GUIDANCE
K Raveendran - 2020-08-03 11:15
The relentless rally in gold is clocking all-time highs almost on a daily basis, with all eyes focussed on when the ounce price will hit the $2,000-mark. It had already crossed 1,974 last week, rising continuously from July 20, although it seemed to have taken a breather on the opening day of the new week.

TIME FOR NUCLEAR WEAPONS ABOLITION HAS COME NOW

SIGNING THE TREATY IS THE BEST GUARANTEE TO ENSURE PEACE
Dr Arun Mitra - 2020-08-03 10:48
While visiting the Peace Memorial in Hiroshima, one wonders how with the knowledge of destructive power of weapons could man build and then use the nuclear arms on human population. To watch the pictures of the destruction while going around the memorial and to read the account of the loss that took place as a result of atomic bombing is a nightmarish experience. The tiny atomic bombs (as per the standards of the present day nuclear weapons) killed around 140,000 people in Hiroshima and nearly 70,000 in Nagasaki and roughly half of the deaths in each city occurred on the first day.

U.S. ECONOMIC CRISIS POSES A MAJOR CHALLENGE TO DONALD TRUMP

EMBATTLED PRESIDENT CREATES FURORE OVER POLL DELAY REMARK
Anjan Roy - 2020-08-03 10:42
America today illustrates what economic distress can do to humble a proud nation. The land of democracy is facing the worst threat to the country’s basic political feature with the blow coming from none other than its highest guardian.

RAJASTHAN GOVERNOR HAS NOT BEEN TRUE TO CONSTITUTIONAL NORMS

EARLY FLOOR TEST IS THE ACCEPTED OPTION TO PROVE MAJORITY
Harihar Swarup - 2020-08-03 10:37
Blinking first in its battle of attrition with Governor Kalraj Mishra over convening the Rajasthan Assembly at short notice, the Ashok Gehlot government has settled for a special house session on August 14 instead of July 31 as originally demanded. Even though brisk horse trading has started during the period, chances are that Chief Minister Gehlot may pull through.

NEP STRESSES MORE ON CENTRALISATION RATHER THAN DEMOCRATISATION

PRIVATISATION OF EDUCATION IS THE PREFERRED OPTION OF MODI REGIME
Dr. Amit Dasgupta - 2020-08-03 10:31
The new education policy, named as National Education Policy, 2020, like many other measures is being introduced among the Covid 19, pandemic. The Prime Minister gave a call to convert crises into opportunities while giving the call for making India “Atmanirbharshil”. Introduction of such an important policy while the country has been going through a disaster seems to be one of such conversion.

CONGRESS HAS STILL PROSPECTS UNDER DYNASTY BASED ON IDEOLOGICAL DYNAMISM

RAHUL GANDHI HAS MATURED BUT HE HAS TO SHOW HIGH ORGANISATIONAL SKILL
Amulya Ganguli - 2020-08-03 09:59
It is a good sign that the last meeting of the Congress bigwigs involved a sharp exchange of views. It showed that there is still life in the old warhorse. Perhaps the fact that it was a video conference helped in the airing of conflicting opinions.

BANKING SECTOR FACES TOUGH SITUATION UNDER NPA PRESSURE

CHEAP AND EASY LOANS MAY NOT BE GOOD FOR BANKS, BORROWERS
Nantoo Banerjee - 2020-08-03 09:53
It is difficult to understand why the government and Reserve Bank (RBI) are pushing commercial banks to increase lending to pep up industrial growth and economy at a time when the market is highly unstable and demand for nearly all products are badly down. The entire economy is going through a big negative growth under various kinds of lockdown and containment zone restrictions. Nothing seems to be moving.