Editorial

Editorial

Greening the gap

We are entering a new era of green finance. An increasing focus on the environment has spurred global leaders and corporations into taking action to address climate change and our effect on the environment as we strive to continue developing. This transition into a greener, more sustainable future will present new opportunities for business growth and much needed investment into developing countries. This is where the green bond product has found its niche in the market.

Record growth

Developing a global oil major

A few days back government announced its decision to merge HPCL with ONGC. Finance minister, while presenting the budget for 2017-18, had expressed a policy intention of developing an oil major in the public sector which will be able to match the performance of international and domestic private sector oil and gas companies. His rationale for this decision was creation of new opportunities for CPSEs through consolidation, mergers and acquisitions.

What is poverty?

Very often, we wonder, sitting in the quiet of our homes, while the TV blares intermittently, how people out in the streets start turning violent. The state is always quick to respond with water cannons, tear gas, and ofcourse lathis. The urban contexts in which these demonstrations turn violent, is ofcourse already febrile. People come out in the streets when they have no water, electricity, food, or freedom.

The ExtraOrdinary man

ON March 2, while all our families and friends were busy celebrating the marriage of my son and I was busy greeting guests, I saw a statesman looking little stressed yet composed, gracefully walking towards me holding a stick in hand. When I realised it was the great Naresh Chandra, I was elated, but my heart sunk for a moment seeing a pale shadow of his previous vibrant self.  In fact, on that occasion we were meeting after a long gap  and I was touched that the man I always admired and looked up to came to bless the newlywed couple. I silently prayed for his good health.

The ExtraOrdinary man

ON March 2, while all our families and friends were busy celebrating the marriage of my son and I was busy greeting guests, I saw a statesman looking little stressed yet composed, gracefully walking towards me holding a stick in hand. When I realised it was the great Naresh Chandra, I was elated, but my heart sunk for a moment seeing a pale shadow of his previous vibrant self.  In fact, on that occasion we were meeting after a long gap  and I was touched that the man I always admired and looked up to came to bless the newlywed couple. I silently prayed for his good health.

Cut & Thrust: How not to make India

No you haven’t landed on an alien planet. Yes you might get that impression because the scene before you might resemble a bombed out Mosul because slap bang in the middle of National Capital Region is a living and breathing testimony of how to wreck India’s infra push. Alternatively, one can hold a neo sign up on which is emblazoned — HOW NOT TO MAKE IN INDIA. It is called Ring Road, the pivot which connects the domestic and international airports with south Delhi, Gurgaon and the UP satellite town of Noida.

Disequilibrium: Blunting the tip

The Mandsaur firing could have been a rallying point for the rabble masquerading as opposition in India. Armed with the tip of the spear, they could have mounted a nationwide challenge on this ticklish issue, but they failed abysmally. The expression in military lingua franca refers to a combat force that is used to puncture the enemy’s initial lines of defense, to be quickly followed by concentrated forces which destroy any remaining threat. Ineptitude, lassitude and absence of intellectual capital dominated their mind space instead to leave them paralysed.

Food for thought

Warehousing in India is witnessing shift in focus with increasing importance being ascribed to systems and processes. This is making agri-logistics independent of infrastructure and agnostic to geographic location. In India, warehousing is broadly classified into public-private, bonded, government and co-operative warehouses. It is still considered an asset heavy model which gives importance to creation of the warehousing space alone without any emphasis to efficient handling, scientific processes and management of the same.

Dark clouds over HK

On July 1, it was 20 years since the former British colony of Hong Kong returned to China. The celebrations of this historical event were presided over by Chinese president Xi Jinping. While security forces made sure that the Chinese guests did not encounter any untoward incident there were protests in the city that demanded more democracy for Hong Kong and criticised the Chinese government for interfering in Hong Kong affairs.

Cut & Thrust: Keep vested interests out

People train to prevail — in the street, in the alley, in combat, on the field, in the ring and a zillion other places. Even in an office, you have to be mentally strong to stay ahead in a competitive set. The training may not necessarily be physical, but mental conditioning and toughness is equally strenuous. It is said that nobody gets dragged into a street fight, but once you are in the thick of it, survival takes over. Ditto in chess, to anticipate what your adversary is thinking and planning is vital to how you go about competing.

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