Markets hint to recovery in the coming week (Column: Market Watch)
  • Markets hint to recovery in the coming week (Column: Market Watch)(17:05)
    By Arun Kejriwal
    A week can be a very long time and last week was a classic example. It began with the markets falling very sharply and the BSESENSEX losing just about 4,000 points on Monday. Tuesday saw the markets trading in a comparatively narrow range of just about 800 points on BSESENSEX. Tuesday night was also the time when Prime Minister Narendra Modi announced a 21-day lockdown beginning 12 midnight of Tuesday the 24/25th March. Wednesday saw markets gain 2,000 points. Thursday saw the FM announcing measures to ensure that the poorest of poor had food and money to tide over the present crisis.
  • Two catalysts which have changed India and US for good (Comment)(10:16)
    What will the world look like after the coronavirus induced shut down? I am not in possession of a crystal ball for global survey but I can activate my intuition on the basis of two stories I have covered. I was in the US for the 2016 Presidential elections and I have followed the 2020 drama within the Democratic Party. In both the campaigns Democrats have been in convulsions not to select a nominee but to keep out the one they do not want -- Bernie Sanders. And now they are all mimicking the Sanders platform. The coronavirus has brought out in bold relief, the idea of Bernie Sanders as the panacea for the general distress. The platform the senator from Vermont stood on was total anathema to the great American establishment, its soul torn between Mammon and Joe McCarthy. The pandemic has brought the powerful establishment to its knees. People now matter and democracy begins to look like one. Neither the Democrats nor the Republicans will ever mention Sanders by name. That would be like eating crow. But they are all furtively lifting the Sanders manifesto. The idea of Sanders in todays context is larger than the possible nomination of Joe Biden.
  • Striking a fine balance is the key to success (Column: Spy's Eye)(10:16)
    The unprecedented and unfamiliar 'life and deat' crisis that the corona pandemic has created in the perception of the people at large in India, is throwing up a new challenge of dealing with mass anxiety that seemed to be growing in this long haul. Since it is the efear of the unknown that had the most unsettling effect on any ones sanity, dissemination of right information about the character and pattern of spread of the virus has to be kept up through news bulletins, government hand outs and interviews in credible media at this point of time. Circulation of unauthentic warnings and scare stories on social media has become a malaise and informed citizens should stop forwarding these messages.
Time for an Indian cricketer to reflect & rejuvenate (Column: Close-in)
Hrithik's quirky post urging people to stay at home
Covid crisis nothing encountered like ever before (Opinion)
  • Covid crisis nothing encountered like ever before (Opinion)(14:41)
    By Dodul Mondal
    This is a tough time. Perhaps the toughest medical crisis as far as I can remember. WHO says 197 countries across the globe are infected with coronavirus disease (COVID-2019). Globally, 537,042 people have been confirmed positive for the disease and 24,110 people have already died due of this pandemic. India has 719 confirmed cases and 16 deaths so far. World's largest democracy is trembling with fear of doom. Prime minister has declared a nationwide lockdown to control the situation.
Defiance is unacceptable in this crisis (Column: Spy's Eye)
  • Defiance is unacceptable in this crisis (Column: Spy's Eye)(16:30)
    Prime Minister Narendra Modi addressing the nation a second time on March 24 made the anticipated announcement of a nation-wide total lockdown for three weeks -- to be enforced with administrative rigour -- and explained at some length how 'social distancing' was the only option left for India to avert an unimaginable public disaster. He tried to make everybody, from the illiterate to the well-educated and from the poor to the affluent, understand that not venturing out of the house at all was the key to saving everybodys life. His emphasis on how the new order was almost like 'curfew', appreciation of the response of the people to the 14-hour lockdown called on March 22 and an implicit warning to those who would not take the prohibition seriously, managed to create an appropriate degree of 'fear' that the situation did need to generate for ensuring total compliance.
Global hits and misses in dealing with COVID-19: Takeaways for India (Comment)
  • Global hits and misses in dealing with COVID-19: Takeaways for India (Comment)(16:24)
    By Maj Gen (retd) S.B. Asthana
    The coronavirus COVID-19 has affected 195 countries and territories around the world and one international conveyance (the Diamond Princess cruise ship harbored in Yokohama, Japan) as on midnight 23 March, 2020. The dangers as well as precautions have been covered adequately by all forms of Government communications/ media/publications as well as social media, hence they are not being repeated. While there is adequate awareness, there is varying degree of seriousness in dealing with it, as many segments of society chose to put individual preferences above potentially the most devastating threat that looms over the country as well as the world.
Miley Cyrus has 'reunion of the decade' with Emily Osment
277 evacuees from Iran are coronavirus negative (2nd Lead)
Markets in no man's land - likely to consolidate (Market watch)
  • Markets in no man's land - likely to consolidate (Market watch)(15:17)
    By Arun Kejriwal
    Markets were in a really bad shape last week and just about managed to recover some ground on Friday. They lost on the first four days of the week. BSE SENSEX lost 4,187.52 points or 12.28 per cent to close at 29,915.96 points while NIFTY was down 1,209.75 points or 12.15 per cent to close at 8,745.45 points. The broader markets saw BSE100, BSE200 and BSE500 lose 12.08 per cent 12.02 per cent and 12.23 per cent respectively.
Evolution from a good Muslim to a bad one: Really? (Comment)
  • Evolution from a good Muslim to a bad one: Really? (Comment)(12:02)
    In Nandita Das' film, Manto, the great story writer, who loved Bombay beyond distraction, finds himself under pressure from family, in the midst of the post Partition carnage, to leave for Lahore. Shyam, film star and friend remarks, "You are not such a Muslim that you have to leave for Pakistan."
  • Is global recession likely in 2020? (Comment)(11:58)
    A recession is a macroeconomic term that refers to a significant decline in general economic activity in a designated region. However, the National Bureau of Economic Research (NBER), defines a recession as a significant decline in economic activity spread across the economy, lasting more than a few months, normally visible in real GDP, real income, employment, industrial production, and wholesale-retail sales. As restaurants, airlines, shops, factories are all shut down around the globe, we could be staring at a global recession very soon.
  • All business is human activity (Column: Spy's Eye)(11:58)
    Just as there is no leadership without followers there would be no business if it did not have customers. Business is a venture of the people, by the people and for the people. It is not surprising that business management involves leadership, adoption of 'smart' processes, ability to understand and handle human interactions, study of how national entities -- which are human -- behaved in a globalised world and a realisation that knowledge had become the new determinant of competitive success for human beings. Profit and loss is the outcome of this complex mix -- it is no more a matter of easy presumption that investors could make about the return on their investment.
The commentator's dilemma (Column: Close-in)
  • The commentator's dilemma (Column: Close-in)(11:04)
    By Yajurvindra Singh
    Cricket would never have become popular or flourished without the support from the writers and commentators. Not all of them played the game but their passion, love and undying zest to relay the events on the ground and off it, was what made the sport interesting, absorbing, exhilarating and at times intriguing.
2 Indian expats stab each other in Kuwait
Fighting it with common sense (Comment)
  • Fighting it with common sense (Comment)(14:01)
    Perhaps the most meaningful observation about corona virus that a medical professional made in an interview, was that 'the virus has understood us better than we have understood it' thereby suggesting that we are up against an invisible enemy that required what in security parlance was called a 'counter intelligence' effort -- in this case a competent and comprehensive analysis of the known facts in order to predict where will the virus attack next. This is essentially a fight of 'individuals' who are the targets -- more than a combat that it was for the large 'collective' represented by the government. This is a challenge for every citizen to handle and, as is known, the victory in any 'war' depends -- more than anything else -- on the extent of information one had on the character and ways of the 'enemy' to start with.
Markets have bottomed but aftershocks to continue (Column: Market Watch)
  • Markets have bottomed but aftershocks to continue (Column: Market Watch)(17:17)
    By Arun Kejriwal
    Markets went crazy on Friday the 13th and we had a reversal which is unparalleled in recent times. The benchmark indices hit the lower circuit of 10 per cent and on reopening, they fell further briefly before they recovered not only the losses of 10 per cent of the morning but closed in positive territory by about 4 per cent. Such volatility is sure to increase the health bills of many a senior citizen.
Idea of India: Two former ambassadors skirmish on Shaheen Bagh (Comment)
  • Destabilisation at play (Column: Spy's Eye)(09:08)
    The domestic scene in India looks like it is acquiring an air of general disquiet for several reasons -- the after effect of 'communal' violence in the capital that had caused large casualties and destruction of property, the rising trend of the 'liberal' lobby orchestrating criticism of our Supreme Court for its alleged lack of judicial objectivity and the unraveling of institutional profligacy of many financial and corporate bodies as an upshot of the legacy of permissive corruption that had prevailed in India in the regimes gone by.
Well done Saurashtra, you deserve the cup (Column: Close-in)
  • Well done Saurashtra, you deserve the cup (Column: Close-in)(09:37)
    By Yajurvindra Singh
    Saurashtra's dream of winning the Ranji Trophy was finally achieved. The four-time finalists in the last eight years deserved the Indian domestic cricket's premier trophy and it took grit, hard-work, effort and endurance for the team to do so.
Why rapes will not stop in India despite the forthcoming four hangings (Comment)
  • Why rapes will not stop in India despite the forthcoming four hangings (Comment)(11:47)
    Four hangings as splints for a fracturing land. In caste-inequity normative India -- where mythology is becoming history, politically-inconvenient histories being pathologized, "anti-national" students baton-whipped, minorities being demonized, rights selectively denied: all, viscerally-approved by majoritarianism -- its as if these hangings will provide catharsis.
Markets trying to make a bottom (Market Watch)
  • Markets trying to make a bottom (Market Watch)(14:46)
    By Arun Kejriwal
    After a tough and volatile week one expected markets to consolidate. Unfortunately, while in the first four days of the week they did exactly that, Friday saw yet another sell-off and caused markets to slip into the red. The BSE SENSEX lost 720.67 points or 1.88 per cent at 37,576.62 points while NIFTY lost 212.30 points or 1.90 per cent to close at 10,989.45 points. The broader markets saw the BSE 100, BSE 200 and BSE 500 lose 1.72 per cent, 1.77 per cent and 1.86 per cent, respectively. The BSE MIDCAP lost 2.55 per cent, while BSE SMALLCAP was down 2.77 per cent.
The greatest movement since independence but what's Shaheen Bagh's future? (Comment)