Reports (not denied by India) that the USA had 'for the first time provided real-time details to their Indian counterparts on the Chinese positions and force strength in advance of a PLA incursion' into Tawang at the LAC in December 2022, helping India thwart China's expansionist designs, show how operationally effective the USA-India friendship has become on the ground. A engaging excerpt from Sreeram Chaulia's must-read new book, Friends: India's Closest Strategic Partners.
Former deputy chief minister Sachin Pilot on Tuesday alleged that the Bharatiya Janata Party government at the Centre had 'failed in every field' and claimed if the Congress wins in upcoming state elections, then the Indian National Developmental Inclusive Alliance (INDIA) will form a coalition government in 2024.
The digital transformation should not be confined to a small part of the "human race" and its greater benefits will be realised only when digital access becomes "truly inclusive", Prime Minister Narendra Modi said at the G-20 summit on Wednesday. Modi also strongly pitched for a pledge by the G-20 leaders to work for bringing digital transformation into the life of every human being in the next 10 years so that no person is deprived of the benefits of the new technologies. In a session on digital transformation, the prime minister also said that principle of "data for development" will be an integral part of the overall theme of India's upcoming G-20 Presidency.
Roles ranging from digital marketing to wealth management are some of the emerging roles, notes Sekhar Garisa, CEO, foundit, a job search app.
The CBIC has come out with guidelines on blocking of tax credit by GST field officers, saying that such blocking should be on the basis of 'material evidence' and not just out of 'suspicion'. The guidelines laid down five specific circumstances in which such credit could be blocked by a senior tax officer. These include availment of credit without any invoice or any valid document, or availing of credit by purchasers on invoices on which GST has not been paid by sellers.
Avoid thinking of investment as some 'become millionaire in a week' scheme, says Nikhil Sethi, founder and MD, Zuvomo, a crowdfunding firm. Always think of long term gains and plan your trades accordingly.
The future of cryptocurrencies in India appears uncertain but that has not deterred young Indians from embracing the so-called 'fourth industrial revolution' world, where interconnectivity and smart automation, much of it relying on blockchain technology, drive human civilisation. Reserve Bank of India (RBI) Governor Shaktikanta Das has repeatedly warned of macroeconomic instability and even "serious consequences" if cryptocurrencies turn mainstream. The country's monetary authority wants a China-like total ban on crypto, not even allowing these currencies to be treated as investments. Though Parliament's website had listed the Cryptocurrency and Regulation of Official Digital Currency Bill as one seeking a total ban of cryptocurrencies in the country, it was not presented in the Winter Session. India now has the highest number of cryptocurrency investors in the world.
The tiny Central American nation of El Salvador has embarked on an interesting experiment by recognising bitcoin as legal tender. This is proving painful for many of its citizens but it's a useful "pilot" project for larger economies that are contemplating the peculiarities of this new asset class. El Salvador has a population of 6.5 million and GDP of about $27 billion.
Finance Minister Nirmala Sitharaman on Monday used her trademark 'bahi-khata', a ledger wrapped in a red-coloured cloth, to carry Budget documents as she arrived in Parliament House to present her third straight Budget. Sitharaman, India's first full-time woman finance minister, had in July 2019 ditched the colonial legacy of a Budget briefcase for the traditional 'bahi-khata' to carry Union Budget papers. She used the same last year and again on Monday.
As lobbying and counter-lobbying intensify, right now, it looks like a T20 match, discovers Tamal Bandyopadhyay.
The insatiable greed for money and power is too large, too repugnant to thwart. And no one epitomised that better than Harshad Mehta, notes Dhruv Munjal.
The problem is with the broking model and what brokers are allowed to do, notes Debashis Basu.
As India emerges from the COVID-19 crisis, the ninth budget under the Modi government, including an interim one, is widely expected to focus on boosting spending on job creation and rural development, generous allocations for development schemes, putting more money in the hands of the average taxpayer and easing rules to attract foreign investments.
One should appreciate the sagacity and audacity of JRD and Nani Palkhivala in founding TCS on April 1, 1968. At that time there was no Microsoft or Intel, SAP or Accenture, much less Google.
They needed a person who could build and execute their vision: A frontiersman; a problem solver and an institution builder. It was their and India's good fortune that Faqir Chand Kohli more than measured up to their requirements and indeed laid the foundation to take TCS to unimaginable heights and to the giant success that it is today. Shivanand Kanavi salutes the incomparable F C Kohli, who passed into the ages last week.
Use of blockchain technology will ensure that banks will not be blindsided like in the case of the Nirav Modi-Mehul Choksi blowout at PNB, says Raghu Mohan.
Anthony Pompliano, general partner at Morgan Creek Capital Blockchain in the Silicon Valley, shares his views on cryptocurrencies with Mayank Jain in an email interview.
"Our agenda is to fight for a country free of corruption and black money. But their agenda is to close (disrupt) Parliament...I am puzzled," Modi said.
That's the question dominating tabloids and gossip sites this week, after it emerged that actress Mary Kate Olsen has demanded legal immunity from investigators who seek to question her regarding the death of Dark Knight star Heath Ledger.
Hit the message board with your choices!
'A class antagonism of rich versus poor took the colouring of a communal confrontation,' says Sunil Sethi.
We stand poised on the brink of certain history. I will take wagers -- at whatever odds you offer -- that despite The Dark Knight coming to theatres only on Friday, there is already more than enough guaranteed buzz about its central performance to nab it a posthumous Best Actor Oscar nomination.
It was never the quality of the CV that defined an incumbent's performance or legacy.
Sometimes these characters outshine the super heroes!
'NiMo having skipped, the next best bet is a high-profile banker.' 'Ms Usha happens to be in the wrong place at the wrong time.' 'Ms Usha's crime? That's as thin as it gets.'
Goods like chocolates, chewing gum, shampoo, deodorant, shoe polish, detergents, nutrition drinks and marble will now attract 18% GST>
Croatia made a flying start to Euro 2012 after pouncing on sloppy defending to beat Ireland 3-1 in their Group C opener on Sunday.
Superheroes, Holi, apples and other happenings from Sukanya Verma's super filmi week!
Unlike in the past, Modi made candid, frank and direct remarks on his hosts by suggesting that the Chinese side is holding back on further improving relations, says Srikanth Kondapalli.
A music video conceived and directed by Heath Ledger has debuted 18 months after the Oscar-winning actor's shocking death at the age of 28.
The focus on non-issues like 'love jihad' has dragged radicals like Vijaykant Chauhan from the fringes to the mainstream in Uttar Pradesh
Rajeev Srinivasan tells how he came very close to being another number in the 'disappeareds' during the Emergency.
'India and Indian Americans cannot rely on wishful thinking about the checks and balances in the US system to magically take care of the many dangerous things that Trump could do,' says Chicago-based writer Ram Kelkar.
The blockchain, the public ledger that tracks every bitcoin transaction, is changing commerce as we know it, says Devangshu Datta.
Christian Bale proves with his newest film Terminator: Salvation that he is no Arnold Schwarzenegger.
China is on the offensive. Long a bystander in international economic affairs, Beijing has in recent weeks announced a string of initiatives for remoulding the global financial system. And they all have one target - knocking the US dollar off its perch.
If America is falling into the recession economists fear it is, Angelina Jolie may prove more important than ever. To the country's celebrity magazine editors, that is. Shrinking wallets could mean shrinking readership, and nobody moves magazines like Jolie, according to Forbes.com's second annual analysis of the top-selling celebrity faces.
Arthur J Pais tells us that it is a scary film in which the good guys have to fight hard to slow down if not conquer the Joker.
The defeat in Karnataka is the Congress party's 16th loss in the four years that it returned to power at the Centre. India has seen 24 assembly elections since 2004, including four states that went to the polls along with that year's general election.
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