The year 2017 has been quite robust for the global mergers and acquisitions (M&A) market. The announced transaction volumes in 2017 stand at $3.7 trillion. However, the number is slightly on a lower side if one compares that with the transaction volumes of $3.8 trillion in 2016. Still the trend can be termed robust if the significant global geo-political instability is taken into consideration. However, more than strong numbers and buoyant market sentiment, it’s the emerging trends which will define the M&A landscape in years to come.
A dialogue culture is critical to the functioning of democracy. And indeed democracy starts with dialogue. Individuals and groups, with opposing viewpoints, discussing and sharing their thoughts on various aspects is part of a democratic process. And indeed that explains the core principle of a democratic society. Openness to engage with any and all ideologies in a peaceful environment is the core foundation of our democracy.
The newsbreak of Indian and Pakistani Director General Military Operations (DGMOs) agreeing to “fully implement the 2003 ceasefire understanding in letter and spirit,” through a special hotline talk, by media of both countries, comes as a pleasant surprise to affected population, more so after Indian Foreign Minister indicated that dialogue and terror cannot go together a day earlier.
Disruptive weather conditions including thunderstorms have hit India, UK, US and other regions recently, resulting in a loss of lives and property. The influence of global warming is unmistakable in the erratic weather patterns and the catastrophic weather events of recent years and may worsen in the coming days, if the right measures are not put in place along with immediate action. The good news is that governments and companies are cognisant of the situation and are aligning their business goals, vision and mission towards containing and reversing climate change.
For a developing economy such as India, access to financial resources is critical to foster the development of the economy. As a much-needed step in this direction, government’s push through the trinity of ‘JAM’ (Jan dhan, Aadhaar and Mobile) for direct benefit transfer has ushered a revolution by facilitating the reach of banking services to the traditionally unbanked population. However, certain segments in the country are still deprived of the access to financial resources, which hold the key to growth and generation of employment.
Beware the rise of new phenomenons and phantoms. Emergent social and religious groupings like Yadav-Dalit-Muslim and Dalit-Muslim are going to undercut the rise of ultra Hindu nationalism. Ethno centrism will battle cultural relativism in the collective mind space of the people. The stage is set. The prophets of doom are back, the ground beneath us is shifting, social matrix and calculus undergoing a deep hued metamorphosis. Soothsayers and naysayers are predicting an impending change, studying by-poll results and their internal dynamics.
The death of a dalit Christian in Kerala, Kevin, in Kottayam District on the night of May 27 took the state by storm. The murder, by “quotation,” (meaning, hired killers) was so shocking, that television watchers, in the safety of their homes stay glued for three days to their screen. The young 21-year-old student bride, transformed later in the day, into a widow, appeared on screen, accompanied by her father-in-law. Repeatedly, she stated tearfully that her husband had disappeared, the police were not registering a case, and were not searching for him.
After years of somnolence, ensconced deep in the arms of Morpheus as the central government was on Kashmir, one sees frenetic activity over the last 48 hours. Now, I am just wondering whether it is the Sochi/Wuhan effect. PM Modi recently conducted one on one informal deliberations with Xi Jingping and Vladamir Putin. The agenda of these talks was not specified. The fact that the government has moved with great alacrity on Kashmir since suggests a linkage and connection even if it is tenuous at this stage. This is a clear volte face by the BJP and that is what makes it monotypical.
Are both the BJP and Congress reading the tea leaves wrong for the battle of 2019? In their visceral hatred for one another, they continue to obsess about each other and perhaps this will allow both to be blindsided by the ragtag bobtail army of federal chieftains who are waiting to bushwhack them. Lying as they are in wait to ambuscade them, driven into the ground due the BJP’s heft of majoritarianism over the last four years.
The developmental efforts initiated by Indian government in the state of Jammu and Kashmir are a welcome measure for the state as well as for the country. These have been preceded by controversial measures of amnesty to stone pelters, and declaration of ‘Non Initiation of Combat Operations’.