Kodagu area falls into the catchment of the Cauvery river, the water distribution of which has led to disputes in riparian states
I agree with Friedman that if Donald Trump wins the race to the White House it will be a sad day for America
For decades, the global economy has been predicated on oil
It appears the formats, which are totally outdated, were designed by someone with no knowledge of the basic principles of accounting
The simultaneous resignation of his wife, Navjot Kaur, a BJP legislator from the Amritsar (East) constituency, might have poured more salt on the BJP's political wounds
Having realised this danger in 1985, the first Montreal Protocol of 1987 called upon the world to phase out CFCs in favour of HCFCs (hydrochlorofluorocarbons)
Ironically, the extant rules offer a meagre compensation of up to Rs 4,000 for both denied boarding and cancelling a flight
T N Ninan's interesting article, "Subbarao tells all" (July 16), compels me to pen my observations as a citizen of India
With reference to the editorial, "Restoring a government" (July 14), during the debate that took place in the Constituent Assembly on Article 356, B R Ambedkar, the then chairman of the Drafting Committee, did not altogether deny the possibility of the Article being abused or misused for political reasons. However, he was optimistic such a draconian provision would never be implemented and remain a dead letter.Unfortunately, soon after Independence, several states found themselves in the throes of an artificial constitutional crisis, with the Centre exercising its hegemony over democratically elected state governments.The Supreme Court, in its landmark Bommai judgement, observed unequivocally that Article 356 could be justified only when there is a breakdown of constitutional machinery and not administrative machinery. It, thus, stripped the proclamation issued under this Article of its immunity from judicial review and subsumed to itself the power to strike down the proclamation if it
All of Modi's overseas trips has evoked a good response from the countries he visited
The ever-improving performance indices of private sector banks in the country bear signs of a maturing economy
The capacity and willingness of public sector lenders are shrinking and the banking sector's role as growth engine is turning ineffective
We have fought three wars with Pakistan over Kashmir, and billions of rupees that are much needed for the education and health of our people have gone down the drain
Local problems need local solutions and local funding
Apropos Devangshu Datta's piece, "World War III" (July 9) would it not be more reasonable to compare the ongoing wave of random killings by a few fanatic Islamic volunteers attached to or inspired by the Islamic State with those during the Naxalite uprising of the late 1960s and early 1970s in Kolkata?Apart from creating worldwide revulsion and sorrow among the family and friends of the victims - often, also the family and friends of the perpetrators - will any of these random killings lead to any result whatsoever?Why encourage an effort that can yield no result by giving it a grand name?Alok Sarkar, KolkataLetters can be mailed, faxed or e-mailed to:The Editor, Business StandardNehru House, 4 Bahadur Shah Zafar MargNew Delhi 110 002Fax: (011) 23720201 · E-mail: letters@bsmail.inAll letters must have a postal address and telephone number
The new Union Human Resource Development Minister Prakash Javadekar said, "Employment is not the only objective of education, building life skills and personality development are also important."
I was delighted to read the front-page story, "In their modified role, junior ministers no longer pushovers" (July 9)
He is in favour of capitalism in the form of entrepreneurship that could create more productive assets and wealth for the betterment of people
The RBI can lower the interest rate but it cannot determine the interest rate business pays or ensure that banks are willing to lend
With reference to Aditi Phadnis' report, "Three-year term too short for RBI governor: Rajan" (July 2), I have to admit that of the 23 people who have held the post since the inception of the Reserve Bank of India 81 years ago, 13 were appointed for an initial period of five years - the maximum permissible period under the RBI Act.Of the remaining 10 - leaving aside the five, who were acting governors for a few months (in one case, for 20 days only) pending takeover by the regular appointee - only five were appointed initially for a period of less than five years. They were Osborne Smith, the first governor (an Australian national) who was appointed in 1935 for three and a half years (he had earlier been one of the managing governors of the Imperial Bank); K R Puri, (having only an insurance background) appointed during the Emergency in 1975 initially for one year; S Venkitaramanan, appointed in 1990 for two years; Duvvuri Subbarao, appointed in 2008 for three years which was later exte