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The merger of mortgage firm HDFC Ltd with its progeny HDFC Bank, the biggest merger in India’s corporate history, signals consolidation in the private banking and NBFC space and also demonstrates the success of regulatory changes over the past few years. It is a win-win situation as the combined and bigger balance sheet also means […]
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It’s a tumultuous moment in the history of Sri Lanka whose fall from grace — from a reasonably stable economy, despite decades of ethnic war, to being caught in the worst financial crisis since independence — has shocked the world. The en masse resignation of all the 26 federal ministers amidst the raging public protests […]
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Authoritarianism is anathema to democracy. For a pluralistic and open society like ours, democracy is the best suited model. Any institution that tends to deviate from the core values of respecting individual freedom, dignity and cultural and social diversity faces the risk of losing public faith. Chief Justice of India NV Ramana’s recent observations on […]
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The Centre’s decision to reduce the number of areas under the much-despised Armed Forces Special Powers Act (AFSPA) in Nagaland, Assam and Manipur is a welcome development as reflects a pragmatic approach to special laws and a willingness to revoke them when the ground situation shows improvement. The improvement in the security situation and the […]
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Without reliable data, no welfare programme can be effective, however lofty its objectives may be. While the aim of any affirmative action programme is to reduce the socio-economic inequalities and lift the disadvantaged sections out of poverty and deprivation, the key ingredient in this task is the data that is accurate, reliable and reflective of […]
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While modern technology is an effective tool in criminal investigation, one must not lose sight of the dangers of violating the personal space of individuals and undermining their fundamental rights while using these tools in solving crimes. The Criminal Procedure (Identification) Bill, 2022, introduced in the Lok Sabha recently, breaches the thin line between inviolable […]
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The spirit of federalism that guides the country can be strengthened only if the States are strong and given the flexibility and freedom to take policy decisions in the interests of the people. Prime Minister Narendra Modi’s much-hyped invocation of the ‘Team India’ spirit to describe the nature of governance will be meaningful only when […]
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After what had happened in the Galwan Valley, the onus of de-escalation of border tensions and normalisation of bilateral ties now lies with China. This unequivocal message was conveyed to Chinese foreign minister Wang Yi during his recently concluded visit to India. External Affairs Minister S Jaishankar did some tough talking and conveyed New Delhi’s […]
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The resumption of regular international flights, after a pandemic-induced hiatus of over two years, is a matter of big relief for both the passengers and the crisis-ridden aviation sector. The last two years of the Covid-19 pandemic have been very tough on the aviation industry which suffered unprecedented losses. The international flights, suspended since March […]
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The institution of marriage, built on the premise of equality, should not be allowed to be used as a cover for sexual violations. It should not give any special male privilege or a licence for unleashing a brutal beast. The Karnataka High Court’s path-breaking order, refusing to quash rape charges filed by a wife against […]
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By now, there is a familiar air to the global reports on the state of air pollution. Year after year, ominous signals emanate from these surveys, bracketing Indian cities among the most polluted in the world, but it is again back to business as usual for the policymakers. The latest report is quite alarming because […]
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Grappling with the worst economic crisis since its independence, Sri Lanka gets a lifeline with India pitching in with a big help and extending a $1bn credit line to buy urgently needed food and medicines. Gestures such as this will generate goodwill for India and help in resetting the bilateral ties that suffered a strain […]
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The proposed visit to India by Chinese Foreign Minister Wang Yi, the first high-level engagement since the Galwan Valley clash, has the potential to break the ice and reset the frosty bilateral relations. While de-escalation and complete disengagement along the Line of Actual Control (LAC) in the Ladakh region remains a top priority, the two […]
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Despite the growing threat perception on two fronts—Pakistan and China—the spending on defence research has remained stagnant in India for several years, accounting for less than one per cent of the gross domestic product (GDP). This is a matter of serious concern that needs to engage the attention of the policy makers. India is far […]
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With several parts of the world witnessing a renewed surge in Covid infections, it is time for India to be vigilant without pushing the panic button. There is a need for greater disease surveillance and genomic sequencing to identify the new variants of the coronavirus and ramping up health infrastructure to handle exigencies. Testing, tracking, […]
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A ray of hope finally appears on the horizon amid the dark clouds in the war-ravaged Ukraine. While there could still be many hurdles along the way, there is a certain sense of optimism surrounding a tentative, 15-point draft peace deal reportedly worked out by Russia and Ukraine. The plan involves a ceasefire and an […]
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Manufacturing and tourism sectors have borne the brunt of the coronavirus pandemic over the past two years. In the tourism sector alone, about 2.15 crore people have lost their jobs due to the three waves of the pandemic that crippled the economy. Considering an average household size of five members, these job losses have adversely […]
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In a world where nuclear weapons are a reality, it just takes one misstep or an accident to trigger a catastrophe. The recent incident of a technical malfunction that led to the accidental firing of an unarmed Indian missile highlights the dangers in handling the missile assets. Fortunately, the BrahMos supersonic cruise missile, which had […]
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Prime Minister Narendra Modi’s recent call for radical changes in the police administration has brought the key issue of police reforms back into the spotlight. It is rather baffling that the successive governments have ignored the need for structural changes in the criminal justice system to make it more efficient and responsive to the needs […]
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Band-aid doesn’t help when the problem requires surgery. This prescription applies to the Congress as well. What the grand old party needs now is neither the token gestures, fake resignation dramas nor an empty pep talk from its beleaguered leadership but a radical overhaul of the organisation to stem the rot. The drubbing in the […]
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The decision to resume international flights will bring cheer to the sector but is not enough to bail out the struggling industry
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Seen as the semi-final battle before the 2024 general elections, the outcome of the Assembly elections in five States, including the most populous Uttar Pradesh, contains crucial political messages. The key among them is that the BJP continues to reap the electoral harvest largely because of the absence of a cohesive alternative political formation. The […]
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‘Neellu, Nidhulu, Niyaamakaalu’ (Water, Funds, Jobs) was the clarion call that defined the essence of the Telangana statehood movement. Having already delivered on the first two promises, the State government has now unveiled a mega initiative to keep the promise on providing employment for the youth. Chief Minister K Chandrashekhar Rao’s announcement in the Assembly […]
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International Women’s Day is not just a symbolic gesture to celebrate the contributions of women in myriad fields but an occasion to reflect on their status in society and the issues that impede their growth and genuine empowerment. In the Indian context, women empowerment — economic, social and cultural — is still a work in […]