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Jack Dorsey, 45, on Monday announced his resignation as the CEO of social media giant Twitter he co-founded in 2005. His resignation came almost abruptly although a media report had hinted at the possibility recently. Dorsey has been acting as the CEO of both Twitter and the electronic payments company Square.

If there is an Indian who can give coronavirus a run for its money, it is farmers’ leader Rakesh Tikait. Now, in its Omicron avatar, coronavirus, with 53 spike proteins—meaning 53 mutations—is ‘stubborner’ than a mule, and Tikait a week and a half ago, unseated Prime Minister Narendra Modi from that exalted seat. The Tikait trait Omicron and its predecessors share is ‘stubbornness’. Till the morning Prime Minister Narendra Modi accepted his “mistake” and declared he would repeal the three “black” laws, there was no doubt in anybody’s mind that Modi was by far the most obstinate man in the ‘I Will Not Bend’ racket.

The state run Central Electronics Limited (CEL) has become the second victim of Modi government’s selling spree of public sector companies this year. It was sold damn cheap at only Rs 210 crore to Nandal Finance, a company which has no expertise to run the business successfully, apart from its low capital base, jeopardizing the very objective for which it was established in 1974 as a public sector company.

As Chief Minister Uddhav Thackeray recuperated in hospital, recovering from a spine surgery, his three-legged Maha Vikas Aghadi government crept into its third year in power. It can be said, though, that the MVA dispensation could have done worse—it managed to stay afloat in the sea of corruption and skullduggery that continues to threaten Uddhav Thackeray’s reign, the first Thackeray to deign to rule Maharashtra instead of lording it over the “political party of Maharashtra.”

The four labour codes subsuming 29 labour laws that Modi government is vigorously pursuing to implement in the next fiscal 2022-23 are decidedly substandard, since it does not include a large number of standards that are already agreed by the international community. The codes primarily aim at enhancing “ease of doing business” and thereby intentionally and unintentionally make room for “ease of exploitation of workers” obstructing not only “decent work for all” but also decent growth with better working environment for business and industries in the country.

The biggest economic achievement of the Atal Behari Vajpayee government was probably the sale of some of the country’s best known state-owned enterprises, almost all for a song. Vajpayee served three terms as India’s prime minister for a total period of 73 months and 13 days, mostly between 1998 and 2004. In the last five years of his rule, he sold as many as 10 state-owned enterprises and one 50:50 joint venture. Not all deals appeared to be above board. But, few seriously questioned the government at that time.

Speculative manias in the financial markets invariably culminate in hysteria and greed run amok. So the 25 per cent fall in the $2.5 billion Paytm IPO, India's celebrated fintech, could well be a cycle peak for the current zeitgeist, just as the busted IPO of Reliance Power was in the Dalal Street asset bubble of 2007-08.

On Saturday, NITI Aayog released Multidimensional Poverty Index (MPI) 2021 that loudly claimed that Bihar, Jharkhand, and Uttar Pradesh are the poorest among all Indian states. Bihar, in particular, topped most of the indices that represent the state in a negative light such as malnourishment.

The civic polls results of the state have provided the relief that the ruling party BJP, particularly the chief minister Biplab Deb, was looking for. Since the start of the election campaign, the civic polls of the state have been marred by allegations of political violence. Even on the polling day, the opposition parties — CPI(M) and TMC — alleged rigging of votes. If the opposition has a long list of allegations, there is a winner too — the BJP.

Kolkata: Kshitij Naveed Kaul of Delhi wrapped up his second title with a steady even-par 72 at the Rs. 40 lakh ICC RCGC Open Golf Championship here on Sunday.