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WILL MODI WAVE HAVE NATIONAL IMPACT?

FIVE ASSEMBLY ELECTIONS WILL TELL
Harihar Swarup - 2013-09-21 10:37
One wonders if anointment of Narendra Modi as BJP’s prime ministerial candidate will have any impact on coming election to five assemblies? Another question posed is whether there is a ‘Modi wave,’ which may help the BJP to sweep the poll in four Hindi speaking states? And, will this wave turn into a hurricane in the run up to May 2014 Lok Sabha election?

India says border undefined, China terms as security concerns

ASHOK B SHARMA - 2013-09-20 15:04
New Delhi: India may say that its border with China is undefined and there are varying perceptions on both sides negotiations are on for settling. But the Chinese have termed the issue with all seriousness as a “security dilemma”

INDIA BETTER PLACED TO REVIVE GROWTH

ECONOMIC FUNDAMENDALS ARE STILL STRONG
Subrata Majumder - 2013-09-20 10:10
Indian economy is like an elephant. It is robust, but wobbles. It moves, but slowly. Even if it gets sick, it is strong in fundamentals. The ‘Economist’ said “Despite a tumbling currency, India’s economy has got more stable in the past year”. Goldman Sachs’s India chief Mr Sanjoy Chatterjee was assertive on India’s strength to handle the Rupee volatility. Rating agency Fitch revised India’s outlook stable from negative on measures taken by the government to contain fiscal deficit. Japan Credit Rating updates India with BBB+.

RENEWABLE ENERGY SECTOR EXPANDING FAST

FAROOQ ABDULLAH’S LEADERSHIP ADMIRABLE
Nantoo Banerjee - 2013-09-20 10:06
Amidst charges of corruption, political backstabbing and constant publicity hawking for wrong reasons, the performance of at least one department of the UPA government stands out and also staying clear of all controversies so far. It is the ministry for new and renewable energy, leading the charge of the country’s clean and green energy and holding future of the energy starved nation. It is also the leanest of Dr Manmohan Singh’s ministries.

Renovation of Qutb Shahi tomb next on Aga Khan’s agenda

ASHOK B SHARMA - 2013-09-19 14:54
New Delhi: After the ceremonial completion of renovation of the historic Humayun tomb complex in Delhi, Aga Khan IV - Prince Shah Karim Al Husseini is slated to leave for Hyderabad on Friday as his Foundation has taken up the renovation of Qutb Shahi tomb complex in the historic city.

Indian Haj pilgrims to pay Rs 20,000 more, this year

ASHOK B SHARMA - 2013-09-19 12:38
New Delhi: Haj pilgrims from India will have to pay an additional Rs.20,000 this year primarily due to the steep depreciation of the Indian rupee. Added to this is the steep hike in accommodation and travel costs.

UNIVERSITY RANKINGS AND INDIAN ACADEMIA

RECALLING PAST GLORY MAKES NO SENSE
Garga Chatterjee - 2013-09-19 11:16
As world rankings of universities are being discussed, we are back to that sad truth. No university in the subcontinent figures in the top 200 universities in the world. However, one would not realise this when one looks at the cocksureness and pomposity of desi academics in the subcontinent. There is a Bengali idiom called ‘bon gaye sheyal raja,’ which means that in a far-way forested village, even a fox can be king. Such is the state of affairs around us.

US FED DEFERS POLICY EASING TILL GROWTH AND JOBS IMPROVE

NO SET DATE FOR TAPER, ZERO FUNDS RATE TO REMAIN TILL 2015
S. Sethuraman - 2013-09-19 11:11
Global financial markets rallied to new highs on September 18, with investors surprised by the Federal Reserve’s decision to defer a widely expected unwinding of its monetary stimulus, which was set to begin in September/October, until it could see stronger data on US economic recovery and jobs. The Fed will continue with its current assets purchase programme totalling 85 billion dollars a month which, by keeping market interest rates low, provides support to the broader economy.

India, Latvia sign double taxation avoidance pact

ASHOK B SHARMA - 2013-09-18 13:31
New Delhi: India signed an agreement for avoidance of double taxation and prevention of fiscal evasion with the third Baltic country, Latvia here on Wednesday.