Software is eating trade, digital platforms replacing agreements(13:00) By K. Yatish Rajawat Since India rejected RCEP (Regional Comprehensive Economic Partnership) with ASEAN and six other countries, most commentators have focused on reasons for exit. The government has reiterated that it was a decision in the interest of the country. Impact on farmers due to agri-imports impact is one of the dominant reason. There are more powerful forces at play shaping the structure of global trade that India needs to account for in any trade negotiation going forward.
NIFTY may see new highs on breakout movement (Market Watch)(15:04) BY ARUN KEJRIWAL Markets continued to remain in a state of flux with neither bulls nor bears able to dominate the week. Markets gained on three of the four trading sessions and lost on one of them. The net change during the week could at best be termed as neutral.
Ending temple politics will help harmonize but Pak the cornerstone (Comment)(09:42) BY SAEED NAQVI It was delusory to imagine that the Ayodhya verdict would bring down the communal temperature, even though Muslims will acquiesce in the judgement after a brief sulk. Ayodhya is part of a much bigger enterprise. It is, to use my favourite image, a case of two interlocking triangles.
Pakistan: Internal rumblings (Column: Spy's Eye)(09:02) BY D.C. PATHAK The mounting protests in Islamabad against the prime ministership of Imran Khan, led by Maulana Hafizur Rahman -- head of the influential Jamiat-ul-Ulema-e-Islami Pakistan -- reflect the complex domestic politics currently facing the regime in Pakistan. A largely attended march from Karachi to Islamabad set the ground for the massive agitation in the national capital. What has triggered the protest is the uncertainty that has crept into the Army-Imran Khan grid, the state of triangular links of Pakistan with US and China and the deterioration of India-Pak relations caused by recent developments.
A Cause for Concern (Column: Close-In)(10:04) By Yajurvindra Singh Mental health seems to be the new area of concern among cricketers. Players, especially from Down Under, are the latest in the list of cricketers who realize that they need therapy and help. Counselling is what they feel will put them back on track to play the game at the top level in a cool, calm and confident manner.
Growing Australia-India partnership in higher education (Comment)(09:50) BY AMIT DASGUPTA The decision of the Modi government to revamp India's archaic education system is as significant as it is laudable. It is grossly unfortunate that previous governments failed to respond to the global changes and introspect on the reforms that India's education system required. For decades, India clung on to a 19th-century education model to service 21st-century requirements. This led to genuine concerns that the hype around the demographic dividend was exaggerated because the Indian educational institutions were only churning out vast numbers of unemployable graduates, including engineers and doctors.
Lessons from telecom saga (Column: Behind Infra Lines)(08:58) BY TAPONEEL MUKHERJEE India's telecom sector grapples with the latest bout of bad news regarding the sustainability of business models, debt-levels, and lenders' issues. There are lessons to be learnt, and they must be used to ensure the non-recurrence of such problems in the future. Policy makers have two primary lessons on pricing and further developing capital markets with depth and liquidity.
Important to play an attacking game as opener in T20s: Dhawan (IANS interview)(17:50) By Baidurjo Bhose New Delhi, Nov 13 (IANS) The first six overs in a T20 game is considered the most crucial as both the batting and bowling team look to grab early advantage and with the World T20 in Australia less than a year away, India opener Shikhar Dhawan is very clear that for him it will be all about attacking from the word go Down Under.
India to be top player in data-driven world next decade: Michael Dell (IANS Interview)(08:26) By Deepak Sharma Austin (Texas), Nov 13 (IANS) The 'data king' of the world and founder of IT giant, Dell Technologies, Michael Dell feels that the next decade would be driven and shaped by data, and India could be one of the significant players. In an exclusive interview with IANS, here at the company's Global headquarters the American billionaire businessman and Chairman of Dell, one of the world's largest technology companies said that India figures as the topmost destination for his enterprise in the years to come.
Reforms, stability expected to usher growth: BSE chief (IANS interview)(18:28) By Rohit Vaid Mumbai, Nov 12 (IANS) The Centre's regulatory reforms, as well as strengthening of its public grievance redressal system has imparted confidence to businesses and investors alike and this trend will usher in faster economic growth, BSE Chief Ashishkumar Chauhan has said.
Ram temple provides substratum to India's identity (Column: Spy's Eye)(08:50) BY D.C. PATHAK The judicial resolution of the 70-year-old Ayodhya dispute has mitigated the most inflammatory cause of Hindu-Muslim divide in India and given relief to the average citizens engaged in pursuing their livelihood in peace. The unanimous verdict of the Supreme Court's five-member Constitutional Bench recognising the spot under the central dome of the demolished Babri Masjid at Ayodhya as the birth place of Lord Ram for worship and giving the title of the entire disputed land of 2.77 acres to the Hindu side is a transformative development that yields a significant end result of the long search for validation of what is a major determinant of India's national profile. The judgement rests on points of both law and fact but the apex court also invoked Article 142 of the Constitution to give a verdict of arbitration on two points- accommodation of Nirmohi Akhara in the Trust that would oversee the construction of a Ram Temple at the site and award of five acres of land by the government at a suitable place in Ayodhya to Muslims for building a mosque in lieu of their lost claim.
Rohit bhai said he will use me like Bumrah: Chahar (IANS Interview)(16:00) By Baidurjo Bhose New Delhi, Nov 11 (IANS) It almost looked like Bangladesh would run away with the third T20I in Nagpur on Sunday and with it register their maiden series win over India as Mohammad Naim and Mohammad Mithun looked to be in cruise mode. With dew not helping matters, skipper Rohit Sharma handed the ball to pacer Deepak Chahar, hoping for the youngster to rise to the occasion. And that is exactly what he did.
Ayodhya resolved, markets should settle down (Market Watch)(15:34) BY ARUN KEJRIWAL Markets continued their upward march through the week but a downgrade of the sovereign outlook by Moody's caused a break in the momentum. This was further compounded by it being Friday and weekend and also the fact that four important judgments were to be pronounced by the Supreme court in the latter half of the coming week.
Rajapakse factor in Sri Lanka presidential polls(Comment)(09:28) BY SHUBHA SINGH The Sri Lankan presidential election is turning into a battle between two politically influential families; the Rajapakse and the Premadasa families. Gotabaya Rajapakse, a former defence secretary is the younger brother of former president Mahinda Rajapakse, while Sajith Premadasa, Housing Minister, is the son of former president Ranasinghe Premadasa who was assassinated by the LTTE in 1993.
Prime Minister looks inwards for improving governance (Column: Spy's Eye)(09:02) BY D.C. PATHAK With a remarkable insight into how the governance in this country ought to be upgraded, Prime Minister Modi while addressing the Probationers of Indian Civil Services attending the Foundational Course, outlined the big picture of 'the mission and delivery' that the officers manning the famed 'steel frame' of India were expected to measure up to in their long years of duty ahead. In a first time event, the officers who were in the early phase of their training were assembled at a place outside of the LBSNAA Mussoorie -- at Kevadia in Gujarat, the venue of Sardar Patel's statue -- for the Prime Minister's address on October 31 marking the National Unity Day.
Baghdadi Dead : What it means for Terrorism in West and South Asia? (Comment)(16:22) BY MAJOR GENERAL S.B. ASTHANA President Donald Trump's announcement that Abu Bakr al-Baghdadi, the Islamic State(IS) commander, died during a US military operation in Syria, later confirmed by ISIS itself, was welcome news for all fighting terrorism or suffering from it in any part of the world. This was followed by the death of their spokesperson and arrest of his sister and wife by Turkey. After the decimation of IS caliphate, IS continues to exist in small modules in many parts of the world, mainly in West Asia, but the loss of its undisputed leader, who inspired many youth globally towards radicalisation as never before, during his peak performance days, will not be easy to fulfil.
Embracing market prices vital for India (Column: Behind Infra Lines)(15:18) BY TAPONEEL MUKHERJEE Issues that sectors such as residential real estate, credit markets and power generation amongst others have faced in India can be viewed through the lens of the "inability to generate a market-clearing price". Fundamentally, both price discovery and price transparency for the sectors were lacking, which made it difficult for participants to create an equilibrium around demand and supply. For sure, at a fundamental level, issues such as creating excessive housing inventory, lending excessively to poor credit names and creating infrastructure assets such as power plants that do not have adequate demand are all symbolic of the core issue.
The changing tide of cricket (Column: Close-in)(09:58) By Yajurvindra Singh Cricket, as one popularly terms it, is a way of life. The British established the game in every corner that they were present and made it into an elite sport. The famous saying, "cricket is a game for a real live man, keep fit little man, keep fit", sums it up beautifully.
India's soft underbelly: The informal economy (Comment)(09:40) BY HIMANSHU MANGLIK The economic slowdown is worrying. They say it is a global and cyclical phenomenon, and that things will improve in due course. Perhaps. Yet, we need to worry because the Indian economy is complex, with multiple layers in its social system that are at various stages of economic stress. They cannot afford to be stressed any further and the impact of the slowdown will be severe in these fragile segments. The tragedy is that we are losing momentum rapidly and India is already headed for a sub 6 per cent GDP growth rate which is the lowest in many years. Data on manufacturing, employment and investment indicates that sector after sector is tightening the belt. The worry is that even this does not reflect the real gravity of the situation.
Perfect rhythm, no blues with 'Miss Sargam' (IANS Interview)(20:46) By Sukant Deepak New Delhi, Nov 7 (IANS) It has been drizzling for a few hours. It would have made perfect sense to start the conversation by showing off your Spotify account that has 'Ab Ke Sawan on the fourth number. But then, someone whose repertoire includes the genres of Khayal, Thumri and Dadra, as also popular Indian pop music may just laugh at the 'juvenile' icebreaker. The idea is dropped.
There will be no riots post Ayodhya verdict: RSS leader (IANS Interview)(05:10) By Navneet Mishra New Delhi, Nov 7 (IANS) Asserting that Indian citizens irrespective of their religion believe in peace and harmony, senior Rashtriya Swayamsewak Sangh (RSS) leader Indresh Kumar has said that there will be no riots whatever be the Supreme Court's verdict in the Ram Janmabhoomi-Babri Masjid land dispute case.
With more centres, NSD plans to light up stages across India (IANS Interview)(01:38) By Sukant Deepak New Delhi, Nov 7 (IANS) Stressing that the National School of Drama (NSD) in the capital was committed to opening three new centres across the country, besides doubling the duration of its one-year courses at its already existing regional centres in Bangalore, Varanasi and Sikkim, Suresh Sharma, Director-in-Charge, NSD told IANS that the school had already appealed to the Ministry of Culture for the same.