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INDIA

IS HOT MONEY EVAPORATING FROM CAPITAL MARKET

FOREIGN PLAYERS ARE CAUTIOUS ABOUT BETTING ON INDIA
Nantoo Banerjee - 2018-11-12 10:09
Officials in the finance ministry may disagree, foreign portfolio investors may not be seeing India an attractive destination, at least for now. Overseas investors pulled out a massive Rs 38,900 crore (over $5 billion) from the capital markets, last month. It was the steepest outflow in nearly two years. In November 2016, FPIs had pulled out Rs 39,396 crore from the capital markets. The total outflow from the capital markets (equity and debt together) has reached over Rs 1 trillion so far, this year. FPIs are becoming increasingly cautious about the Indian market. It is not clear if this has anything to do also with the government’s bid to seize RBI’s key powers in the face of uncertain trade and economic developments.
INDIA

COMMUNAL VIRUS PLAGUING ELECTORAL POLITICS

SEASON FOR AYYAPPAN, RAM AND RAHIM
Sushil Kutty - 2018-11-10 10:32
It cannot be an early warning because it’s far too late. The communalisation of electoral politics is an ‘eyesore’ that should be avoided because it has consequences. More ears have been punctured by it than the entire population of earth counted 10 times over. But, maybe not for the first time, an MLA of the Kerala Assembly K Mohammd Shaji has been punished for allegedly appealing to the communal virus to help him win an election. It’s been ruled an 'eyesore' because there is physical evidence to prove his ‘crime’, one that the eye can see, is in full eyesight.
INDIA: HEALTH WATCH

END ARMS RACE TO RID OF POVERTY AND HUNGER

ECONOMIC DEVELOPMENT STRATEGY NEEDS SERIOUS RE-LOOK
Dr Arun Mitra - 2018-11-10 10:25
Year after year India’s ratings in human development index and hunger index are falling. We have fallen even below other South Asian countries. Our position in hunger index is 103 out of 119 countries. In 2017 our ranking was 100. In contrast, China is at 25th, Nepal 72nd, Myanmar 68th, Sri Lanka at 67th and Bangladesh at 86th position. It is no matter to rejoice that Pakistan is below us at the 106th rating. Hunger index is based on the level of nourishment, child mortality, child wasting and child stunting.
INDIA: MADHYA PRADESH

THREAT OF DEFECTION BRINGS MP PARTIES TO THEIR KNEES

BJP SUCCUMBS TO FILIAL PRESSURES
L.S. Herdenia - 2018-11-10 10:18
BHOPAL: Both the major parties of Madhya Pradesh have gone through the agony of defection by their stalwarts. Two important Congress leaders severed ties from the party following denial of tickets to their sons. They are Satya Vrat Chaturvedi from Chhatarpur and Prem Chand Guddu from Ujjain. Defection by Chaturvedi has shocked everyone because his family was regarded as Congress loyalists since the formation of Madhya Pradesh. His father Babu Ram Chaturvedi was a minister and mother Vidyawati Chaturvedi served the Lok Sabha and Rajya Sabha two terms each. Satyavrat himself was MLA and two-term Rajya Sabha member. Similarly Guddu was elected to the Lok Sabha on Congress ticket.
INDIA: KERALA

BJP-RSS’S WEB OF DECEIT PIERCED

PARTY HOISTED WITH ITS OWN PETARD
P. Sreekumaran - 2018-11-10 10:12
THIRUVANANTHAPURAM: Cleverness is an essential part of a politician’s stock-in-trade. But when you try to be too clever, you end up with egg on your face.
UK

MAX LEVITAS’S DEATH IS A BIG LOSS TO BRITISH LABOUR MOVEMENT

103 YEAR OLD COMMUNIST LEADER FOUGHT AGAINST INJUSTICE TILL HIS END
Marcus Barnett - 2018-11-10 10:07
Max Levitas was a towering figure of Britain’s labor movement. A hardened enemy of the Blackshirts in the years before World War II, the Irish-Jewish communist devoted nearly a century to fighting injustice. With the death of Max Levitas, who passed away on Friday, November 2 at the age of 103, Britain has lost one of its most beloved Communist figures. An adopted son of London, and the East End particularly, Max was a towering figure in his local community, widely respected for his staunch advocacy of working people against racism and oppression.
INDIA

LIC IS BEING USED BY MODI REGIME AS A MILCH COW

INVESTMENTS ARE DIRECTED TO SERVE POLITICAL OBJECTIVES
N. Sundaramurthy - 2018-11-10 10:03
LIC is continuously in the news, not for good reasons. Renowned economists and media analysts are expressing reservations about the LIC’s investments during the last couple of years. These criticisms cannot be dismissed as rubbish and pushed beneath the carpet. The LIC’s finances are under pressure that are coming from Union government. A serious doubt is raised whether LIC has control over its investments. Financial assets of LIC belong to the people of India and they cannot be frittered away because of political considerations.
INDIA

SECRETS OF ‘SHASHISESQUIPEDALIANISM’

A LITTLE KNOWLEDGE AND A FEW APPS IS ALL IT TAKES
K Raveendran - 2018-11-10 09:58
Shashi Tharoor has just been beaten in his own game by another smart alec, who has outsmarted the sesquipedalian, probably without his even knowing about it. Yes, some people are capable of devouring their victims without them being aware until they are about to be digested. A new word has been added to Urban Dictionary to denote how lovers of jabberwocky like Tharoor dig up one-and-a-half footer words that will help establish their gadzookery. The new word is ‘shashisesquipedalianism’, which stands for an ‘author’s tendency to find and use the longest and weirdest words in the dictionary by means of android apps and or Google to impress readers and listeners’.
INDIA

IN ITS SECOND INNINGS, RAM MANDIR MAYBE A SPENT FORCE

SANGH, BJP NEED DEVELOPMENT MORE THAN TEMPLE CARD
Harihar Swarup - 2018-11-10 09:54
Can the Ram Mandir agitation of the 1990s be revived in 2018? Politics of Ram Mandir may just be a spent force. Even Indira Gandhi could not revive “garabi hatao” slogan twice. Come election and the “Build Ram Mandir in Ayodhya”, or Mandir Wohin Banayenge slogan — comes to fore like a seasonal crop and then peters off. This Diwali, the last before the general election in 2019, Lord Ram returned to Ayodhya, and the city dressed up to welcome the victorious king. We are seeing the philosophical luminosity of the festival of lights dimmed by political disharmony and empty ritual of politics. Once again the political class is attempting to imprison Lord Ram in the ballot box.
INDIA

THE RAGE IS ALL IN THE JOURNALIST’S NAME

WHERE TRUMP IS DIFFERENT FROM MODI
Aditya Aamir - 2018-11-09 10:16
You will have to be in a Faraday Cage to get out of earshot of toxic journalism. Better still stop breathing. Let the lifeline flatten out on the box next to the hospital bed. Part of it is because the journalist is becoming the story. The reporter is a witness. He doesn’t spiel opinions. Ask Jim Acosta. His surname is an aptronym or aptonym, which explains his attitude, his style: aggression, accosting!