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Opinion

A tale of two institutions

Having studied, in the sixties, at two of Bengal’s iconic institutions, and having observed the paths these have traversed, some thoughts crossed my mind for consideration of the new government.

A bet on tomorrow

There was a time when financial markets valued companies on the basis of what they produced, what they earned and what they could reasonably be expected to achieve.

Constitutional Alchemy

The anti-defection law was meant to end the era of the “Aaya Ram, Gaya Ram” politician. Four decades later, it has produced constitutional alchemists seeking ever newer ways to turn defection into legality.

Aiming High

When Group Captain Shubhanshu Shukla takes flight aboard Axiom Mission 4 this June, he will not just be piloting a spacecraft to the International Space Station — he will be piloting India into a new era of space exploration.

A Policy Refined

US President Donald Trump’s latest travel ban for nationals of 12 countries is a textbook example of how a controversial policy can be reintroduced under a new guise — more polished, more calculated, and far more difficult to challenge in court.

Negotiation the key

If only these billions of rupees were available for developmental purposes, for example to improve public health as the authors of the BMJ article have opined, both countries would stand to gain. Armed conflicts cause enormous loss of lives.

Community currency can facilitate social change

Money is not merely a piece of paper or a metal disc or an electronic digit but ‘in essence it is a social relationship’. Money is the promise to repay by one to another in a society. The promise is based upon trust.

Growth over Caution

The Reserve Bank of India (RBI) has sent a bold signal with its sharpest rate cut in five years — a 50 basis point slash in the key policy rate, coupled with a phased 100 basis point cut in the cash reserve ratio.