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Govt decision to ease defence land acquisition a good move, will speed up infra projects

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Bonus for govt employees at taxpayer expense wrong. Everybody must sacrifice in this economy

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Illustration: Ramandeep Kaur | ThePrint

What is stopping Narendra Modi from sending a Hindu Rashtra postcard to the world

India's historical wound has been like the pizza base. Toppings and enemies keep changing over time.
The Reserve Bank of India | Photo: Suraj Singh Bisht | ThePrint

RBI to finally hold Monetary Policy Committee meeting tomorrow but few expect a rate cut

The Finance Ministry Monday announced three new external members to the committee, whose meeting last week was abruptly postponed without explanation.

GST, IBC, MPC – Modi govt’s key economic reforms stall as coronavirus disrupts economy

Reforms stalling is weighing on outlook for India’s economy, which has gone from one of the fastest growing in the world to among the worst hit by Covid.
File image of the Life Insurance Corporation of India headquarters in Chennai | Wikimedia Commons

Modi govt to seek cabinet approval to sell 25% stake in LIC in tranches

Mumbai: India is planning to seek cabinet’s approval to sell 25% stake in the nation’s largest life insurer, people with knowledge of the matter said, as Prime Minister Narendra Modi seeks resources to plug a widening budget gap. The government plans to amend the act of parliament under which the state-run Life Insurance Corp. of India was set up to prepare for the sale, the people said, asking not to be identified as the discussions were private. The timing of the insurer’s initial public offering will be depend on market conditions, and the sale is likely to be done in tranches, they added. A finance ministry spokesman was not immediately available for a comment. A stake sale in LIC through a public offering of shares will help the government bolster its finances after the coronavirus pandemic stalled growth and threatens the fiscal deficit target of 3.5% of gross domestic product set...
File photo of Amnesty International office building in Bengaluru | PTI

Amnesty halts all activities in India, alleges witch-hunt after govt freezes accounts

The government has said that Amnesty has been receiving foreign funds illegally, which the organisation denies, saying it fully complies with all Indian and international laws.
A banner for Aircel Ltd. is displayed outside a mobile phone store in Mumbai on 24 October, 2016. | Photographer: Dhiraj Singh | Bloomberg

Bickering govt, court delays, Rs 42,000 cr hanging – story of India’s bankruptcy delays

Telecom payments case is another example of how govt branches are delaying bankruptcy settlements while banks suffer the world’s worst bad debt ratios.
Toyota Innova Crysta vehicles at the Toyota factory, in Bengaluru | Bloomberg

Toyota or pakora? Modi govt must choose

India must break out of this vicious cycle of high taxes, low consumer demand, constrained investment & job creation, and insufficient wage incomes to boost purchasing power.
Illustration: Soham Sen | ThePrint

Suspect all, fix all? Is that the motto of our new ‘National Suspicion State’?

It’s not just Modi government or BJP, but even state governments, judiciary are getting caught in a ‘we suspect all’ mindset. Is India becoming a National Suspicion State?

On Camera

Erdogan’s assault on Macron is the height of cynicism

There was a time when Turkish President Recep Tayyip Erdogan didn’t see the West as Turkey’s enemy and even wanted to join the European Union.

Turkey waging new war of economic liberation, says Erdogan after country’s currency falls

Erogan's speech follows the Turkish lira weakening to a record low of 8.3849 per dollar on Friday.

Defence

Union Defence Minister Rajnath Singh meets his US counterpart Mark Esper at his office in South Block Monday | Twitter | @rajnathsingh

Here is why US changed Rajnath Singh’s statement on ‘reckless aggression’ by China

Both the US State and Defense departments have added footnotes to the transcripts they released on Rajnath Singh’s remarks at 2+2. The State Department has also updated the text.
Illustration by Soham Sen | ThePrint

5 reasons for the crisis in global Islam

If tens of crores of Muslims across the world feel they are victims of mass Islamophobia, their holy prophet shown deliberate disrespect, it is a sense of crisis and siege.