From war rooms to war games, the Indian armed forces have been busy evolving strategies and sharpening tactics to lame Pakistan and tame China in an imaginary plot of having to deal with two unruly neighbours together on multiple fronts.
Why is it that the Income Tax department usually targets the Indian salaried class? When it is well known that salaried Indians judiciously pay taxes, should the department not leave them alone? Wilful compliance or tax deducted at source (TDS), whatever may be the reason, it is the salaried class that has contributed handsomely to the country’s tax kitty over the years.
Localised currency shortages in some states have dominated the headlines. Media reports across all platforms have highlighted the shortages in Andhra Pradesh, Madhya Pradesh, Uttar Pradesh, Telangana, Karnataka, Gujarat and parts of Bihar and there have been panic withdrawals of cash in other states as well following this.
There should be a sigh of relief all over. With normal rainfall of over 97 per cent of the long period average predicted by the weatherman, farmers all over would rejoice. A bountiful monsoon for the third consecutive year is particularly significant given that the country had gone through successive drought earlier.
The country’s oil and gas sector has once again been engulfed in the inconsistencies that marked policy directions given during the licence-permit raj. The recent development where the government has decided to change the terms of oil and gas contracts mid-way by seeking higher earnings for itself clearly shows that the sector still largely remains controlled.
Is India by any stretch of imagination a currency manipulator? By placing India on its currency watch list, the US Treasury has taken action that can only be described as ‘unwarranted’. The US has a history of ‘strong arm tactics’ in managing its economic and trade relations with the best of its partners.
Prime Minister Narendra Modi’s assertion on protecting citizens and ensuring the territorial integrity of India was jingoistic for some. For his core ‘ultra-nationalist’ political constituency, these assertions are seen as bravado. Modi’s speech at the Indian Defence Expo at Mahabalipuram near Chennai, was a significant departure from such events in the past.
Prime Minister Narendra Modi had a point when he pushed for ‘responsible, reasonable pricing’ of energy products to make the resources affordable and accessible for consumers.
Five years ago when Nirbhaya was brutally raped and thrown out of a moving bus in the national capital, the savagery of the act that led to her death shook the conscience of society. The uproar and anguish seems to have settled down as many more heart-rending tales of rape victims emerged in the following months. The latest in the long line of cases are the ones in Kathua to Unnao.
Zero tolerance to corruption and inefficiency should be the calling card of any bank, whether it is state-run, private or a foreign entity. For that matter, commercial operations of organisations must be above board. News reports suggest that not everything is above board at Axis Bank and ICICI Bank, the country’s top private banks.