Editors Column

The dramatic bear hug, wink and moments of levity displayed by Congress president Rahul Gandhi provided moments of interest during the no-confidence motion but the final vote count did not hold any major surprises. The daylong drama played out on Friday in Parliament, however, has thrown up sharp hints on the way political realignments may happen in next few months.

Restoring the confidence of small depositors in state-run banks that have been currently bracketed and branded for corruption and inefficiency is a key challenge.

Opposition parties might not see eye-to-eye with the government headed by prime minister Narendra Modi but that should not mean it should subvert the parliamentary system.

Telecom and internet users with interface across technology platforms have absolute ownership of their data. Neither telecom services providers, devices makers or social networking platforms have any leeway to use this personal data of their users. Whether for business or otherwise, companies like Facebook and Google use data pertaining to their customers without explicit written permission.

Whether an investment decision is right or wrong cannot be judged immediately. How a business pans out and the valuations that investments secure are a function of several factors. These are among the reasons why prognostications made by analysts tend to go wrong, as they are reluctant to concede that their excel sheets are unable to capture the uncertainty of the future.

Ballooning trade deficit to five-year-high levels in June 2018 does not augur well for India’s macro-economic stability. If this trend continues, the current account deficit (CAD) will cross the 2.5 per cent mark this fiscal.

It took 23 long years for the Central Bureau of Investigation to secure convictions and penalties against the accused in Rs 133 crore urea scam in which top politicians, including then prime minister P V Narasimha Rao’s kin were involved.

Democratising internet cannot remain just an objective, it should become a tangible agenda for the Narendra Modi government. Accepting telecom watchdog, Telecom Regulatory Association of India (Trai) recommendations on net neutrality by inter-ministerial body, Telecom Commission, should be the starting point.

Competition amongst states to unshackle the potential for businesses, industry and services is a sure shot way for India to move ahead in the global sweeps stakes in ‘ease of doing business’.

Slam dunk decision on the part of NCLT in the Cyrus Mistry petition against the House of Tatas is seminal in that it shuts the door in the face of the Pallonji Mistry family, which after the Tata Trusts is the single largest shareholder in the group holding company.

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