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  • ET View: Welcome steps by RBI; it can surely do more

    ET View: Welcome steps by RBI; it can surely do more

    While the monetary policy measures announced today are certainly necessary, they can hardly be deemed to be sufficient, in the face of severely weakened demand conditions economy-wide, following two entire months of severe economic lockdown.
    - 4 days ago 22 May 20, 7:05pm -
  • ET View: A big bang for small and medium enterprises

    ET View: A big bang for small and medium enterprises

    Liquidity for power utilities, subject to state government guarantees, will ensure that power generation is not shut down. Of course, the power sector cannot be redeemed without a change in the political culture of patronising power theft and open-ended giveaways.
    - 13 days ago 13 May 20, 7:28pm -
  • Time to junk captive mining policy

    Time to junk captive mining policy

    The way forward is to policy design a vibrant market for ore, so that steel and other metal producers face no uncertainty in procuring minerals and other raw materials at competitive rates.
    - 22 days ago 4 May 20, 7:47pm -
  • ET View: Extension of lockdown uncalled for

    ET View: Extension of lockdown uncalled for

    The government is making a hash of loosening restrictions while extending the lockdown.
    - 24 days ago 1 May 20, 10:31pm -
  • ET View: Give liquidity directly to companies and state governments, RBI

    ET View: Give liquidity directly to companies and state governments, RBI

    All the regulatory measures are welcome and will help companies and real estate developers. The liquidity measures have a more mixed import.
    - 39 days ago 17 Apr 20, 5:09pm -
  • ET View: Normal monsoons good augury

    ET View: Normal monsoons good augury

    The IMD projection says rainfall is likely to be 100% of the Long Period Average (LPA) precipitation for the country as a whole, with a model error of plus or minus 5%. But note that over the years there has been wide variability in monsoon rainfall patterns across regions.
    - 41 days ago 15 Apr 20, 7:19pm -
  • ET View: Welcome end to total lockdown

    ET View: Welcome end to total lockdown

    It is welcome that the Prime Minister has restricted extension of the all-India lockdown to six more days after the original deadline of April 20th. The early lockdown has probably saved thousands of lives and helped contain the spread of the disease.
    - 42 days ago 14 Apr 20, 11:38am -
  • ET View: RBI should better target liquidity injection

    ET View: RBI should better target liquidity injection

    ​The central bank is not directly purchasing corporate bonds of large enterprises and major non-bank finance companies (NBFCs), as is par for the course in the mature markets. Instead, RBI has announced long-term repurchase obligations or repo in government securities with banks, so that the latter can then use the liquidity available to subscribe to corporate bonds or commercial paper or debentures.
    - 59 days ago 27 Mar 20, 8:33pm -
  • ET View: Over to the voters of Madhya Pradesh

    ET View: Over to the voters of Madhya Pradesh

    It is for the voters to punish defectors by defeating them, their backers or proxies in by-polls. If voters do not care, and allow such shenanigans to proceed apace, political parties would try to grab power by inducing MLAs to defect.
    - 67 days ago 20 Mar 20, 4:00pm -
  • ET View: Focused, forward-looking water policy needed

    ET View: Focused, forward-looking water policy needed

    The way ahead is to step-up recharge of aquifers and groundwater resources, even as we better allocate resources for surface irrigation systems and their maintenance. We are increasingly dependent on groundwater for irrigation, which is clearly unsustainable. But the maintenance and upkeep of surface irrigation systems is also neglected across states.
    - 74 days ago 12 Mar 20, 10:58pm -
  • ET View: On a wing and invocations of ancient India

    ET View: On a wing and invocations of ancient India

    Does it hold out the definite prospect of reversing the growth slowdown? It does not. Does it fix the gaps in financial plumbing that prevent finance from being mediated to viable infrastructure projects? Not quite. A market for corporate bonds is India’s prime requirement now, and that remains a work in eternal progress.
    - 1 Feb 20, 5:45pm -
  • ET View: Economic Survey revives an old tale about Microsoft

    ET View: Economic Survey revives an old tale about Microsoft

    Microsoft has come a long way since then and even became the world’s most valued company. The Survey does not hold out a happy story.
    - 31 Jan 20, 5:16pm -
  • ET View: No-fly overkill over Kamra

    ET View: No-fly overkill over Kamra

    Civil Aviation minister Puri advised other airlines to follow suit. Air India, GoAir and SpiceJet followed suit — if the minister had asked them to do likewise, they would have done likewise — no matter Kamra did not misbehave on their flights. Nor did they convene a meeting of their internal committees that are supposed to ponder over a complaint.
    - 29 Jan 20, 5:35pm -
  • ET View: Why the proposal for PM-Yasasvi is a good idea

    ET View: Why the proposal for PM-Yasasvi is a good idea

    At the broader level, the fact that the students will be selected through a national test is likely to help schools across the country to meet certain basic curriculum and teaching standards. The inclusion of senior citizens in the scheme is a recognition of the untapped capacity for contribution of this segment of the population.
    - 17 Jan 20, 5:55pm -
  • View: SC verdict on internet shutdown in Kashmir rightly demands the restoration of ‘reasonableness’

    View: SC verdict on internet shutdown in Kashmir rightly demands the restoration of ‘reasonableness’

    The Supreme Court’s verdict that the Internet is a part of Article 19 – key to providing India’s citizenry with the ‘basic freedoms’ that include the freedom of expression – finally calls a spade a spade, and has demanded that Internet service be restored in Kashmir for all essential services.
    - 10 Jan 20, 12:09pm -
  • ET View: Time to boost demand, forget the fiscal deficit target

    ET View: Time to boost demand, forget the fiscal deficit target

    The time has come for the government to shed its obsession about fiscal deficit targets and borrow more from the market, both to compensate the states for their shortfall in GST collections and to meet its own expenditure commitments. India still has deep reserves of economic resilience and it is necessary to avoid any self-defeating talk of recession.
    - 29 Nov 19, 7:08pm -
  • ET View: Promptly review levies, charges and the high extent of revenue share in Indian telecom

    ET View: Promptly review levies, charges and the high extent of revenue share in Indian telecom

    The levies, charges and mounting dues would essentially financially cripple and may even bankrupt the leading service providers, and have wholly-avoidable negative effects and signals much beyond the telecom sector itself. The Cabinet needs to purposefully rationalise central levies and charges on telecom operators for the greater national good.
    - 14 Nov 19, 10:35pm -
  • ET View: CPI likely to remain elevated for statistical reasons

    ET View: CPI likely to remain elevated for statistical reasons

    The latest inflation numbers suggest that retail headline inflation, read the overall rise in consumer prices, has gone up beyond the 4% target set up Monetary Policy Committee (MPC). The MPC is mandated to policy-induce a narrow 4-6% range for the retail inflation rate. The CPI has risen at the fastest rate since June last year.
    - 14 Nov 19, 4:23pm -
  • ET View: Sensible decision in Karnataka, now to let the December 5 bypolls decide the ex-MLAs’ future

    ET View: Sensible decision in Karnataka, now to let the December 5 bypolls decide the ex-MLAs’ future

    The 14 MLAs who quit from Congress and the three from the Janata Dal (Secular) last July, leading to the fall of the JD(S)-Congress government, may have reasons other than pure disagreement and/or disenchantment with the way their own parties were going about governing and such things. Now, it’s for the bypolls on December 5, to decide the fate of the 17.
    - 13 Nov 19, 12:14pm -
  • ET View: September IIP - Lacklustre capital goods output keeps overall index low

    ET View: September IIP - Lacklustre capital goods output keeps overall index low

    As for manufactures, which account for over 77% weight in the industrial index, production has contracted and posted minus 3.9% growth. The sharp contraction in automobile production, with the output of motor vehicles, trailers and semi-trailers declining by minus 14.9 % y-o-y has clearly adversely affected production.
    - 11 Nov 19, 10:15pm -

Drishtikone Blogs

  • newWork from Home – Studies show Incredible benefits

    Work from Home – Studies show Incredible benefits

    Work from Home arrangements have come to the fore during the COVID-19 lockdown. Are they good? How is productivity impact? Read about it.
    - 13 hours ago 25 May 20, 7:14pm -
  • Disgusting Jaipur Gangrape – Zishan Ali, friends rape his sister

    Disgusting Jaipur Gangrape – Zishan Ali, friends rape his sister

    There are many crimes that just shock you. Nirbhaya’s case was one such incident.  In that incident, it was a juvenile, Mohammad Afroz, who had been the most brutal to the girl.  Shockingly, he went scott-free because he pleaded as a juvenile based on the certificate from his Madras.  While the rest of the rapists
    - 1 day ago 24 May 20, 10:27pm -
  • Astrological Predictions for India, US and China

    Astrological Predictions for India, US and China

    Astrological Predictions are being sought by many in these days of high uncertainty. How is the world – specifically, India and US – going to be in the coming years? What if we knew at least some indications of what it will be? I came across this excellent discussion by a very adept astrologer who
    - 1 day ago 24 May 20, 8:49pm -
  • The Fallacy of Objectivity

    The Fallacy of Objectivity

    While trying to salvage a losing argument, a friend threw ad-hominems at me challenging my “objectivity”.  Before I could respond, he went away fuming after having pronounced himself as objective, balanced, and the rest of such adjectives and thrown me into the pits of “subjective, biased” views. Interesting how objectivity works so well in the
    - 2 days ago 23 May 20, 9:07pm -
  • Pakistan plane crash in Karachi – important questions

    Pakistan plane crash in Karachi – important questions

    A Pakistan plane crash happened in Karachi when a PIA lane crashed in a premium residential colony. PIA has been beset with issues for a long time now. In fact, interestingly in one of the flights in 2017, a PIA flight had taken 7 extra passengers to travel by standing in the aisle – just
    - 3 days ago 23 May 20, 4:54am -
  • COVID-19 Food crisis despite massive PMGKAY Central allocations!

    COVID-19 Food crisis despite massive PMGKAY Central allocations!

    The COVID-19 food crisis has been artificially created by the states. And the poor are being used to create their vote banks via their misery and hunger. Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY) is the program that has become the vehicle by which the Modi Government is working to distribute food to the poor
    - 5 days ago 21 May 20, 7:13pm -
  • Biased Google searches – nay bigoted – are a reality!

    Biased Google searches – nay bigoted – are a reality!

    Google searches are the world’s window to knowledge and information. If that window is tinted in a certain color and prejudice then the world will be judged and seen differently. Khilji example – Biased Google Searches or outright bigotry? I recently wrote an article on Alauddin Khilji, a bigoted tyrant who as per the chronicles
    - 8 days ago 18 May 20, 4:45am -
  • How Bolsheviks created the Islamist-Communist partnership

    How Bolsheviks created the Islamist-Communist partnership

    Islamists have pushed the world to redefine itself in recent years due to global terror attacks. Often the underlying trigger or sentiment for this terrorism is expressed in an anti-West narrative. Strangely, and interestingly, one often sees Islamists and Communists working together closely, despite how the communist regimes in Russia and China are treating the
    - 12 days ago 13 May 20, 10:41pm -
  • How Foreign Gods Destroyed Polynesian and African Cultures and knowledge systems

    How Foreign Gods Destroyed Polynesian and African Cultures and knowledge systems

    Polynesians were amazing people.  In small canoes they went from the coasts and found islands in the middle of the ocean several thousand kilometers to live and thrive. Polynesians, the Sea-faring masters Their lives were built around their understanding of the ocean and the land and nature itself.  These Polynesians were intrepid sea-farers who had
    - 14 days ago 12 May 20, 4:57am -
  • Sadhguru on Krishnamurti – His work and his life

    Sadhguru on Krishnamurti – His work and his life

    While walking near Janpath, I came to my favorite place one day – the book shop on the sidewalk. I saw a set of books by Jiddu Krishnamurti and bought them out of intrigue. When I started reading one of them, I slammed it down saying “What an idiot! Can’t make any sense of this!”
    - 15 days ago 10 May 20, 8:41pm -

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