Reflex Action

Amritananda Chakravorty Mihir Samson
i. Arbitral award against Ranbaxy upheld – The Delhi High Court has upheld international arbitral award against the former promoters of the Ranbaxy group, Malvinder and Shivinder Mohan Singh. Daiichi had filed an execution petition to enforce a Rs 6500 Cr award passed by a Singaporean tribunal, when it reached the conclusion that the brothers had hidden an important document from Daiichi while entering into a Share Purchase and Subscription Agreement. The High Court though held that the award was not enforceable against the children of the...

G. Srinivasan
The interminable debate over the final full-fledged General Budget of the National Democratic Alliance (NDA) headed by Narendra Modi apart, the 2018-19 budget belied the credo of the Modi government as market-friendly and growth-focused. This is palpably obvious as the feisty Finance Minister Arun Jaitley, presenting his fifth budget, has not refrained from creating hostages to political fortune. With elections to as many as eight assembly states due this year before the mega general election in 2019, the ambivalence to have one foot on the...

Srijata Saha Sahoo
As the overland connectivity in Andaman and Nicobar islands is poised to get a boost, with the Ministry of Railways green-signalling plans for construction of a railway line linking Port Blair, the capital of the island chain, with Diglipur, the largest town of North Andaman Island, the tourism avenues especially along the Jarawa reserve areas is going to open up anew and in the context of the jubilating fact that the number of Jarawas presently are on the rise. Currently, travel within the archipelago is possible only by road and sea. The...

Nitya Chakraborty
The stage is set for the next Lok Sabha elections in India within 2018. The way the country’s economic and political situation is developing, Prime Minister Narendra Modi cannot take the risk of waiting till the scheduled period of April/May 2019 for holding the Lok Sabha elections. All studies prepared by the BJP think tanks have indicated that the situation is changing very fast against the BJP and the more time is given to the opposition, the BJP will be loser.After the drubbing at theby elections in Rajasthan, reports from Madhya Pradesh...

K Raveendran
Indians gave the zero to the world. Indian sages understood zero to mean absolute nothingness as well as its potential for infinite power. For them, the zero was not just an entity in the place value system, it had a philosophical connotation. The quintessential Indian spirituality saw everything originating in shunya, the Indian word for zero, and ending up in shunya, or nirvana, a state of total bliss in which nothing mattered. There are even suggestions that the mathematical zero originated in the spiritual shunya. Saffron elements are now...

Rick Nagin
The war between the Trump Administration and the FBI reflects a deep division in the U.S. capitalist ruling class that could have far-reaching consequences for the progressive movement. The immediate cause stems from the investigation by Robert Mueller into Trump’s ties with the Russians, his collusion with their effort to interfere in the 2016 election, and his efforts to “obstruct justice” by sabotaging Mueller’s probe. The question is: What is the motivation of the Mueller forces, including the FBI and possibly other intelligence agencies...

Harihar Swarup
I had privilege of covering two elections – 1962 and 1967 – when the polls to the Lok Sabha and State assemblies were held simultaneously. I have seen closely the strain it put on the state election commission and Chief Election Officer. It was a massive exercise for the Election Commission too after every five years. The governance, no doubt, then was better. One advantage to the ruling dispensation, at that time, was that most of the states and Centre were ruled by one party that is Congress. In 1967, for the first time, Lok Sabha and...

Arun Srivastava
Nitish Kumar is no more the plenipotentiary that he used to be. If the saffron sources are to be believed, patriarch Mohan Bhagwat has developed a sense of distaste. Nitish has become the victim of his own machination. It was his own betrayal of secular and socialist comrades and friends that made the BJP leadership skeptical. Though the BJP shares power with him, it never reposed trust in him in recent months. The BJP in fact has sent a clear message that the process of parting of ways has begun. While Nitish created the impression among his...

K R Sudhaman
Stung by the India shining campaign of ruling NDA in 2004, which did not go well with rural India and hence defeated in the elections, Prime Minister Narendra Modi’s government has come out with an election budget that brings cheers to struggling Bharat, hit by farm distress and collapse of informal sector in rural economy. Finance Minister Arun Jaitley, presenting the last full budget of Modi government before it goes to polls in May next year, announced a game changing health insurance scheme to 10 crore below poverty families, which...

Arun Mitra
Since health is concern of all, lot of expectations await from the union budget. Only a healthy person can contribute to social development.  There is thus need to move the country towards universal healthcare where every citizen gets desired quality health needs fulfilled. It is in this context that 1st February 2018 budgetary provisions on health to the amount of 52800 crore rupees have to be seen.  The Finance Minster has admitted in his speech that 'lakhs of families in our country have to borrow or sell assets to receive indoor treatment...

Anjan Roy
The finance minister as an opening gambit stated that India’s was the seventh largest economy in nominal terms and third largest in purchasing power parity. Already, we are a $2.5 trillion economy. Even a 5 percent growth would mean adding $120 billion or so to the national income. These are big amounts. With that, the FM seems to have taken a few major steps without bothering too much. Undoubtedly one of the most ambitious is the health insurance schemes. It has launched a health insurance policy for which the tab will be picked up by the...

Sushil Kutty
First the press should stop calling a stone-pelter ‘civilian’. Second, J&K chief minister Mehbooba Mufti should correct herself; the soldiers who were forced to fire on the lynching mob of stone-throwers are not ‘black sheep’. Third, the FIR against 10 Garhwal unit should be withdrawn immediately and an FIR be lodged ASAP against the stone-pelters, including those who were killed in the Army firing. A third stone-pelter died on Wednesday, succumbing to bullet wounds he sustained while throwing stones at the army convoy in Shopian. Two...

Pradeep Kapoor
Communal violence in Kasganj area, which is only 100kms away from New Delhi, is continuing. This clearly shows a lack of will on the part of administration of the Yogi government. Daily shops are being set on fire, vehicles damaged and even religious places attacked. People of Kasganj are not feeling safe due to constant threats from communal and anti social elements. There appears to be no effective administration in Kasganj. The local administration allowed more than 40 bikers to take a procession of RSS outfits Akhil Bhartiya Vidyarthi...

Dr. S. Ganesan
Twenty years ago, an unemployed youth, (Islander) from A & N Islands went to Nagpur, Maharashtra to study M.Com degree. After completing the M.Com in Management degree, he could not able to get job; because of the simple fact that he has not studied ‘accountancy’ subject in his M.Com degree. In order to get job, he again took admission in another M.Com-Accounting & Finance - at Raipur, Chhattisgarh. Later, he  has got many jobs in A & N Islands itself and now placed in officer grade (looking after Accounts & Finance). This real...

Amulya Ganguli
When in 2008 the CPI(M)’s general secretary of the time, Prakash Karat, was opposing the nuclear deal with the US, it used to be said jocularly that if Manmohan Singh was batting for India, Karat was doing so for China. It was a jibe which made Karat tell an interviewer that his party was not China’s “stooge”. As is known, two of the staunchest opponents of the deal were China and its “iron brother’, Pakistan. Now, Karat’s success in persuading the CPI(M) central committee to reject the present general secretary, Sitaram Yechury’s proposal...

Gyan Pathak
The performance anxiety stemming from the four years of dismal performance of the Indian economy will continue to haunt the government and the people of the country, irrespective of the rosy picture portrayed for 2018-19 by the Economic Survey, the Modi government’s fifth and final. Even the authors of the document have noted a heightened performance anxiety relative to expectations. ‘Humans place greater welfare weights on avoiding loss than experiencing equivalent gain’ is the mainstay of behavioural economics. It also holds true in...

FAZL-E-HAQ KHAIRABADI (1797- 1861) was born in khairabad town of sitapur district in Uttar Pradesh. His father Maulana Fazl –e- Imam khairabadi was the sadrus sudoor of Delhi and 1 after the mufti of the court. FAZL-E-HAQ was one of the main figures of the Indian Rebellion of 1857.He was a philosopher, an author, a poet, a religious scholar, but is most remembered for issuing fatwa in favor of jihad  against the English in 1857. Khairabadi had been a chief judge in Lucknow. After the Indian Rebellion of 1857 failed, he covered by an amnesty...

K R Sudhaman
Economic Survey, presented to Parliament ahead of budget every year is seen as a report card of Government’s performance on the Indian economy. This year too it is no different but there is one change: its presentation and production have improved. As Economic Survey is prepared by economists, it is not taken very seriously while preparing the General Budget, which is made by politicians with the help of bureaucrats. Politicians see the budget as yet another tool to tweak the economy to suit their constituency and win elections and certainly...

Amritananda Chakravorty Mihir Samson
The much awaited hearing on late CBI Judge Loya’s death witnessed unexpected drama last week. It was a keenly watched hearing, since this matter was supposed to be the trigger for the four senior most judges of the Supreme Court to call the press conference on 12th January, 2018 and inform the media that administration of justice was not in order in Supreme Court. Questions were being asked whether the matter should be heard by Chief Justice of India, since doubts were raised about his allocation of cases to ‘preferred benches’ by his brother...

Albert Scharenberg
Robert Zaretsky recently commented in The New York Times that Donald Trump’s presidency marks the coming of age of The Society of the Spectacle—a society in which truth is essentially reduced to a mere hypothesis and consistently subordinated to orchestration. Indeed, lies and deception reign in the White House. During his first year in office alone, The Washington Post counted more than 2,000 cases in which Trump lied or made misleading statements—equating to roughly five times per day. The 45th President of the United States, sworn into...

Nilanjan Banik
When it comes to competing in the world economy, the Chinese dragon always wins hands down against the Indian elephant. India's share in world trade is stuck at around 1.8 percent since 2011, whereas that for China is close to 12 percent. For the Indian elephant to catch the Chinese dragon at the halfway mark by 2020, the export figure needs to grow in excess of 30 percent annually. Indeed, a hard task at hand. Now it appears India has found a true friend in ASEAN. The day of reckoning from look east to act east has finally arrived as India...

P. Sreekumaran
With the Dubai Police and the Dubai Court giving a clean chit to Binoy Kodiyeri, son of Kerala CPI(M) state secretary Kodiyeri Balakrishnan’s son, the party has emerged out of a tight political situation at least for the time being. The Kerala CPI(M) had been sent into a tizzy with allegations flying thick and fast against Binoy that he had defrauded a Dubai-based tour company of Rs 13 crore. What has saved the situation for the CPI(M) is the ‘clearance certificate’ issued by both the Dubai court and Dubai Police that there is no case...

Dr. Arun Mitra
Education is the key to development of any society. It opens up one's mind, widens the horizon of thinking and gives an insight into the causes and effects of happenings around. Health education is all the more important because good health is most dear to all. It affects our day-today working capacities and contribution in development. But health is not always decided by one individual. It is dependent on several factors around us. These are socio-economic, environmental in addition to personal habits developed over time. Therefore, it is...

Barun Das Gupta
State Assembly elections to three north-eastern States – Tripura, Meghalaya and Nagaland – will be held next month. Tripura goes to polls on February 18, while Meghalaya and Nagaland on February 27. The results will be out on March 3. In the last five years the political scenario in the north-east has changed a lot, with the Congress declining and the BJP emerging as a major political player. In Arunachal Pradesh and Manipur, the BJP is in power while in Nagaland it was, until recently, a coalition partner of the ruling Naga People’s Front (...

Arun Srivastava
Prakash Karat might have been feeling ecstatic at his victory. The Central Committee members endorsed his political line of ‘no alliance, no understanding with the Congress’. But the BJP is celebrating his triumph.Karat and his comrades have made the task of making a clean sweep of the 2019 Lok Sabha elections easy for the BJP.It has been claimed that a 26-party front has already been floated, but no one knows more about it. This is nothing but a bunch of paper tigers nursing regional aspirations devoid of a national perspective. In the...