ED penalises BCCI and former top officials including N. Srinivasan, Lalit Modi for allegedly violating the foreign exchanges Act during the 2009 IPL season in South Africa.
BCCI cannot blame a mere individual nor rely on the old cynical and lazy notion that cash will solve all problems. It has to clean up not just the IPL, but itself.
It is necessary to break the spell of socialist dogma on the imagination of those attracted by its Utopia as the only scientific way of progress, wrote MA Venkatarao in 1963.
While bond yields tend to fall amid low inflation & interest rate cuts, market experts say they’ve been rising due to concerns over tax collections, fiscal deficit & potential impact of US tariffs.
It is one of the most advanced long-range air defence and anti-missile radars. It has been acquired under an about USD 145-million deal signed in 2020.
To be truly functional and durable, even eternal, a state doesn’t just need a leader, a party or an ideology. It needs functional and robust institutions.
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