Web Analytics Business News This Week Editorial | Business News This Week
Showing posts with label Editorial. Show all posts
Showing posts with label Editorial. Show all posts

Sep 23, 2015

Kurmi Community to support Mr. Hardik Patel in Bihar?

IN · · Leave a Comment
Reservation politics is back in India, it could be the core topic in Bihar, where assembly election to be held. The reservation system is not new to Indian politics. It certainly built many leaders over in last six decades. It is time for Mr. Hardik Patel to gain some momentum from the same trump card in Indian politics.

Mr. Patel will address many rallies in Bihar in support of Kurmi Community demanding reservation for them in Other Backward Community (OBC). However, the close associate of Mr. Patel made it clear that they have nothing to do with the ongoing political race or campaign in Bihar.

Interestingly, the chief minister of Bihar also belong to Kurmi Community, who said to be supported the movement of Mr. Patel and Patidar Samaj for their reservation. This could be another interesting deciding factor in Bihar assembly elections.

The first Kurmi caste association had been formed in 1894 at Lucknow to protest against the police recruitment policy. Mr. Patel picked proper state at right time to push his movement. This could be another landmark judgment in his career after agitation in Gujarat that made him popular in short span of time.

Reservation is only an issue of employment for community candidates rather it sentimental perception. The history of Kurmi community shows that it has been active in Bihar elections since long. Many leaders took support of the community in elections. This time the issue –the reservation for the community will also weigh high on Bihar assembly elections.

It is noteworthy that the central government made its stand over the reservation issue. The entry of Mr. Patel in Bihar though not for political purpose but it certainly have higher degree of impact on the assembly elections.

In the days to come, many leaders may come forward to capitalize the issue of reservation for Kurmi community and other communities as well.After all election means several issues related to voters and their development and sentiments.

On the flip side of the reservation issue, it is political parties those are going to pay for it – playing with the issue as results may favor or go against. But it is win-win situation for Mr. Patel, who is going to get the support of Kurmi Community in Bihar.

Read the rest of this entry

Aug 23, 2015

Kashmir Issue: Indo-Pak NSA Level Talks called off

IN · · Leave a Comment
Kashmir Issue: Indo-Pak NSA Level Talks called off
By Neel Achary 

Much awaited Indo-Pak NSA level talks derailed over the issue of Kashmir,that was not raised when the proposed talks were taken a form at Ufa meeting, and both the nations stick to their grounds. The issue of Kashmir was the main bone of contention that shadows the talks between two countries. The core issue has been terrorism and Pakistan has been on back foot to discuss about for two reasons. First the cross border terrorism - a terrorist Usman was apprehended by Indian police recently. And the second reason that the revelation of under world don Dawood Ibrahim residing in Pakistan.

Cross border terrorism is open truth that - it is being sponsored by Pakistan and Pak Army. Heavy firing along the border by the troops of Pakistan, as expected they do cover militants crossing border bid. This was evident from the Kargil War. A terrorist from Pakistan, has been captured and being interrogated by Indian officials. And, case of Kasab was the brightest example to

The country has been sponsoring terrorism for many decades and India is one of the soft target among other Asian countries. India witnessed biggest attacks like - Attack of Parliament and Mumbai Attack. Hardly do the people of this country would forget those coward attacks.

It is the greatness of Prime Minister of Modi, who during the Ufa meet, held talks with his counter part and gave ascent to visit Pakistan in 20165, but his commitments for peace back fired as Pakistan diplomatically avoided the NSA level talks with India.

The second reason, the revelation of Dawood Ibrahim, is said to be the biggest drawback for the country that has been denying his presence. According to media reports, the Don owned nine house in Pakistan, has phone connection, visits to various countries with Pakistan issued passport.

The two reasons are enough to understand Pakistan's policy on terrorism and stand of its leaders. They just used Separatist leader as trump card at a proper time, so that they can bailout self from international humiliation.

The failure of talks would work as eye opener for the countries those supporting Pakistan..
Read the rest of this entry

Jun 7, 2015

Do you have two minutes for Maggi?

IN · · Leave a Comment
Do you have two minutes for Maggi?
By P Neelakantha Achary, 
Editor, Business News This Week

Maggi is the popular food item India, no doubt about that. Ask any layman, you will get answer a best dish to serve in just two minutes. Hardly do many of us thought about the food safety standards and its limits. Thanks to media, otherwise we would have been continuing – two minutes food item - Maggi food as we have been doing for long.

At this point of time, we missed to judge it completely. Even we did not spare two minutes to think about its impact on health let alone on kids. Interestingly, there was discussion on maggi and food standard on news channel. One panelist in the programme backed maggi as safe, since she has been eating from her childhood. Now, she is adult and no health complaints at all. She got a good reply from the moderator that “thank God..Your alive”….

Ridicules, to hear such arguments in favor of a product that consists 17 times of lead, a chemical that is considered as dangerous, than permitted level. Being a media person, I do judge all the sides, without which the conclusion or view would be partial. Many of us are just ignoring food standards. Why we not to think about it before serving a dish that could be hazardous for us.

It’s not about going against one company or a group of companies, it is about our health. The big question raises that why this product is being sold in the market, and who gave the permission. Now, one-by-one states are in state to ban it from the market, which I believe could have done much before any media brining the matter into limelight.

The fourth pillar – media, once again worked as guardian of our society. The action of media is in the interest of common people and their health. And, it will be ever praised by the people of India. A two minutes story on Maggi, made all of to think about it – Two Minutes before serving it in just Two minutes.


Jai Hind
Read the rest of this entry

Feb 2, 2015

Give me Five Questions - Please?

IN · · Leave a Comment
BJP' s five questions
Photo credit:  ibnlive.in.com
There is series of 'Five Questions' quzz everywhere from Delhi to Goa. BJP put five questions to Aam Admi Party (AAP) for Delhi elections. Why Congress should calm of the issue? So, it came put 'Five questions' to BJP in Goa.

BJP asked the question the AAP and media has all the five questions. But, Congress's five questions set for BJP is not disclosed, it has prepared but not unfold the cards yet. Seems, Congress party has assigned its top brass leaders in the assignment to prepare these questions.

One thing is missing in the five questions, are these questions has any relation with Common Man,,,may be not. Here, I would like to pay tribute to 'Common Man' , the great cartoonist  R K Laxam, who is no more. In the field of journalism he left is mark for ever.

Lets come to main topic of five questions sets.There is one more question about these 'five questions'... why only five.. why not 10 or 20? Who is stopping anyone to raise questions? Recently we celebrated 66th Republic Day and we have many questions for the leaders those ruled us for nearly 6 decades.

Parties have been ruling the country and so as the people electing them for these time. A lay man may have questions, but the drawback is he or she has no voice.. means party or any power? Another interesting about this - just like game shows - question will remain but other things will change.

Will the parties be raise these questions once the election are over? If yes, then we are in true democracy, and if not then election, politics are just eye wash.

Read the rest of this entry

Jan 10, 2015

NITI Aayog: What makes its Significant?

IN · · Leave a Comment
NITI Aayog
Recently, NITI Aayog or National Institution for Transforming India Aayog has been constituted by Prime Minister Narendra Modi disbanding 65 year old Planning Commission of India.

As per the structure, the Prime Minister will the Chairman as used to be Planning Commission. Lets have a look on the other officials of the NITI Aayog.

Arvind Panagariya has been appointed as Vice Chairman. The institution has total seven union ministers in the panel and the chief ministers of states and Lt. Governors are in Governing Council.

Well, this is the fist time any such institution has given privilege to chief ministers, comparing to the working model of planning commission, this was not possible even to hear the chief ministers concerns.

However, they used to meet the vice chairman of planning commission, but the allocation were subject as per the five year plans and other criteria in force.

So, NITI Aayog is scoring more comparing the model of functioning of planning commission. The seven union minister in the panel of NITI Aayog are - Rajnath Singh, Arun Jaitley, Suresh Prabhu and Radha Mohan Singh were Ex-Officio Members. Where as, Nitin Gadkari, Smriti Zubin Irani and Thawar Chand Gehlot are Special Invitees.

Bibek Debroy and V. K. Saraswat were full time members and Sindhushree Khullar is Chief Executive Officer of NITI Aayog.

Indian economy need an institution which plan allocations of resources and execute plans adopting a growth model. Whenever we talk about Indian economy, it is obvious that we go for a mixed economy model neither capitalist nor fully welfare.

In this aspect, the Gandhian model of economic growth will be a good fit for our economy. On the contrary, the planning commission was not seen adopting these models in last 65 years.

Rural development is the core model of Gandhian principles on Indian economy. That does not mean discourage modern or big industries.

It seems, NITI Aayog will draw a line between protection and promotion of rural development through industrialisation. And, keeping the growth momentum of large scale industries.

This makes NITI Aayog a significant institution that could bring a big change in the planning and resources allocation keeping the growth model in mind.
Read the rest of this entry

Nov 18, 2013

Do Exit Polls influence Voters?

IN · · Leave a Comment
exit polls

Do you believe in exit polls? If your answer is yes, here is another question: Do you think the results shown in the exit poll enough to influence voters? Recently, one exit poll shown results that BJP was getting more seats in the 2014 elections, while Congress less.

Political parties do mega campaign to get the attention of voters and their vote in election. The results of exit poll could affect their vote bank. News channels are being widely watched in India, and people do watch election news with great interest.

The exit polls are based on the opinion given by the voters, those are the actual respondents in the survey containing list of questionnaires. And the exit polls are scientific, since it involves the voice of the voters from various reasons.

Similarly, in past elections some exit polls were proved correct, while some fail. Since the voice or willingness of the voters are being taken in the exit poll, during the time of the exit polls that is real. And during the election time, the respondents may change their opinion while voting. And the variation is sure and natural.

Political parties too have been taking the results of exit polls seriously, as those have been indicating their presence or hold in their reason. And before the election if they come to know about the poor presence, then they could take a cue from the exit poll and start preparing the ground from their areas to win the elections.

And the exit polls do influence the other voters about the political parties and it is common. A voter may give vote to a party that is being accepted by many voters in exit polls. Exit polls are scientific and true sine those represent the voice of the voters – respondents.
Read the rest of this entry

Oct 2, 2013

What is the Need for Peace Talks?

IN · · Leave a Comment

peace talks

The recent terror attack on army camp in Jammu followed by attack on police station by militants, raises the question that what is the need for the peace talks between India and Pakistan.

There have been many rounds of peace talks, but the result is same and the brutal face of terrors has been teasing Indians for long.

The talks failure is not just a failure between the two nations but that weigh high on human life. Army and policemen are not commodities, they are human beings. They should not become target because of there is failure in peace process.

The important thing is that diplomatic management over the cross border terrorism, putting pressure on the neighbour is not only the solution to stop the terrorism.

Time has come to act on further to save the life of people including our army and police force. How long India would wait to thing to get fixed automatically?
Read the rest of this entry

Aug 14, 2013

Public Opinion: Role of Social Media

IN · · 1 comment
 social media and public opinion
In a democracy the public opinion matters like anything, and obviously quantity is dominating the judgement. In the country like India, where politics has hardly on its path of political reforms, here comes the role of social media in contributing to the object.

Social media has been widely accepted by youth, and they are citizens of the country. They decide their leaders; they elect them and send to the temples of democracy – Parliament, State Assemblies, State Legislative Councils.

Over the decade, the popularity of social media has made significant changes, the present of political leaders and using this platform justifies the view. It would not be wrong to say that, through social media, public opinion could be gathered for various purposes and for political reforms.

On the contrary, the wrong use or paid publicity could also hamper the political reform process. So, the judgement should not be taken on that particular media. Social media in India no doubt at the peak but still it needs to achieve the complete formation to establish astonishing role to bring changes in the political reforms.

What would be the impact on the society if social media manages to gather best public opinion? The answer lies that, the main stream media is now capable of bring changing the society and stopping corruption, by highlighting or exposing the matters, while having concrete evidences to their claim.

One day, the social media could also reach the top position, where the users’ opinion could bring many fold changes into the society – politically. The social networking sites like –facebook, twitter, Google plus and linked in have been widely accepted by the people in the world including Indians.

Political leaders come to know about the greater role the social media is going have in future. Now you can follow prominent leaders on some sites and put your questions. If the social media takes giant share then its role would be important in bringing political reforms in India and maintaining the inflow of public opinion for a better society, better India.
Read the rest of this entry

Aug 1, 2013

Fuel prices hiked in India again

IN · · Leave a Comment
fuel price hike

The oil companies have hiked the price of petrol by 70 paise and diesel by 50 paise with effect from Thursday. The hike in the price of crude in the international market caused the hike in the fuel prices in India. The depreciation in Rupees against US dollar was also another reason behind hike in the fuel prices in India.

The petrol and diesel prices were hiked around six times in last six months and thanks to the government effort which deregulated the petrol and diesel prices leaving companies to adjust price according to market conditions.

Customers need to pay more the petrol and diesel from Thursday and that would sure going to affect their household budget. The hike in the diesel price would have cascading effect on the other goods and services; those are being largely depending on transportation.

The energy (petrol and diesel) is now one of the essential goods and services in the country and become basic need for the people unlike earlier it was tagged as luxurious goods.

There should be hike in the prices as per the international market rate but the interest customers should also be taken care of. Few months back the government had slashed the price of petrol and diesel price by huge margin.

The price of petrol was increased by around Rs.8 since last three months in the country. It is noteworthy that the government slashed the price by Rs.5. So the hike is clearly evident that the huge cut once the customers witnessed.

On the contrary the government should normalize or cut the tax on the petrol and diesel to give some relief to the citizens in the country.
Read the rest of this entry

Jul 29, 2013

Will Telangana formation help Congress in 2014?

IN · · Leave a Comment


News is buzzing around and anytime a new state – Telangana could be curved out of Andhra Pradesh with 10 districts having in it. Top brass Congress leaders have been on agenda to get a final outcome on the much awaited decision.

The formation of new state could have mixed response in the state of Andhra Pradesh as well as among Congress leaders of both Congress party and its Andhra Pradesh state unit.

Currently, deciding the capital for the new to be Telangana is bone of contention for all the leaders. But another question rises here that – will Congress Party gain from this trump card in the forthcoming general elections in 2014?

Finally the Congress party has been unfolding its card on the long standing issue to form the newly state. The party may gain some favour by deciding to have new state for the people those have been demanding for long time. But the real hero would be the TRC party, which reportedly fought the battle for new state.

Many supporters of Telangana have lost their life in deadly protest as witnessed since the movement for new state was began in Andhra Pradesh. Politically it has been one of the sensitive issues, since the Congress has its government in the state of Andhra Pradesh.

After losing its popular leader YS Rajasekha Reddy, the popularity of Congress might be down in Andhra Pradesh, as another party is being formed by Jagan – YSR Congress Party. And the Padayarta from the family member of late Congress leader YSR might be a setback for the Congress party.

Amid the scenario the Congress party may get some favour by declaring a new state – Telangana. But the flip side it might also face irk of the people of Andhra Pradesh, those were not favour to let Telangana go from its land.

There were mixed reaction over the formation of Telengana state in Congress party. However, the official declaration from the Congress party high command is yet to hit the news.
Read the rest of this entry

Jul 12, 2013

Political Reforms Begin in India

IN · · Leave a Comment
 political reforms in india
The Supreme Court on Wednesday has given a landmark verdict that politicians can’t fight elections from jail. That said the era of convicted political ends in India and the nation has been heading towards the much awaited political reforms.

The verdict by the apex court would boost the confidence among the people that some good changes in Indian politics are on cards. Considering the next general election of 2014 many politicians would be unfit to fight election.

The election commission of India will act accordingly to stop the convicted political leaders from contesting elections. The Supreme Court cleared that disqualification would not be applicable to a person subjected to preventive detention under any law.

According to media reports, in 2009, number of MPs with criminal charges has risen to 162 from 128 in 2004. However, MPs charged with rape, murder, kidnapping and extortion dipped to 274 in 2009 from 296 in 2004.

There is need to clean Indian politics from criminals contesting elections and being elected to Parliament and Assemblies. And the verdict would be a great tool in the hand of the election commission to disqualify the tainted politicians.

India needs political reforms to safeguard the biggest democracy in the world, the real meaning of the democracy – of the people, for the people and by the people.

Somewhere, the true meaning of democracy has been tampered due to the criminal politicians using money and muscle power while contesting elections.
Read the rest of this entry

Jul 10, 2013

Impact of new banks on Indian Economy?

IN · · Leave a Comment

Reserve Bank of India
The Reserve Bank of India has given green signal for new banking license that said the once the process is completed the new banks would be there in banking sector. Many private companies and non-financial institutions could start private banks in India.

The nationalization of banks is the milestone in Indian banking system that boomed the economy. There are many private banks in India apart from the 19 nationalized banks. The apex bank would aim to check the money laundering and other various norms in the banking before allowing more private players into the banking sectors.

Recently there were reports about the violation of norms by various banks in the media and the RBI has taken stern actions in that directions. Another important duty of the RBI is – its custodian of Indian economy, being playing the role, the bank would try to check the liquidity into the market.

The high inflation and devaluation of rupees against the US dollar are some of the major challenges the RBI has to address with more stern action. Liquidity is the major cause for many fiscal crises in the country and those would be in the priority to-do list of the apex bank.

With the entry of the new banks into the sectors, the task to check the liquidity and cash flow into the market would be big challenge for the apex bank to follow. More branches involve more transactions boosting the velocity of money in the economy.

That could be help the economy in boosting market conditions as well as fueling inflation, as the too much money chasing to too few goods. On the other hand, the credit market would also take a big leap with the entry of new banks; the volume of credit market in terms of loans would go up.

There would another danger for the bank having non-performing assets, which could also have adverse impact on the economy’s health. If the credit market, bad recovery and non-performing assets would go up beyond control the sure that could adverse the growth pace of the Indian economy.

There is no doubt that the new banks would prove positive for the economy , as in the guidelines the apex bank has said that more branches need to be opened in the rural areas. This is going to be the best thing that the bank tried to boom the rural banking sector, which said to be in gloom for many years.

Indian economy needs a big push to keep its growth rate moving forward from 5 per cent to 8-9 percent in coming years. And the entry of new banks could help the economy to revive and cherish during ongoing global economic slowdown.
Read the rest of this entry

Jun 11, 2013

L K Advani era ends in BJP

IN · · Leave a Comment
l k advani
The man who spent maximum time of his life to build the Jan Sangh and BJP, L K Adavani, resigned from posts in the party on Monday. However, the BJP President Rajnath Singh told media after having the parliamentary board meeting to media that, the resignation of Advani was not accepted. Four members were absent in the meeting, he added.

Now its official that the appointment of Narendra Modi for as the Poll Panel chief, which also pointing that, he could be the next Prime Ministerial candidate of the party for the next general election in 2014, was the main reason behind the resignation of L K Advani.

In past also, similar such thing happened, when the then president of the party, Venkaiah Naidu had referred Advani as ‘Loh Purush’ and Atal Bihari Vajpaye as ‘Vikash Purush’. His statement were criticised and many reported that Vajpayee become single in the party and losing grip of his influence on the party leaders. Same thing happened with Advani this time and the reason was Narendra Modi.

According to media reports, the RSS reportedly appealed the BJP President Rajnath Singh that there should not be any changes in the appointment of Narendra Modi as the Poll Panel chief.

Similarly, Uma Bharati was also left the BJP blaming on some of the senior leaders in the party many years ago. Advani said to be the guru of her, and she backed to party after consulting with Advani.

There might be many issues including appointment of Modi, those made senior leader of BJP to tender his resignation.

It is not clear whether he will back to party again, however all the top brass leaders were approaching him regularly.
Read the rest of this entry

Jun 1, 2013

Indian Economy is on Slowest Growth Path

IN · · Leave a Comment
indian economy gdp
The Indian economy has been on slow pace in the fiscal year 2012-13. The GDP rate is at 5 per cent, once the figure was achieved in last decade. There were days when it had been speculated that the country would achieve the double digit growth rate. Now the scenario has been just reverse to that, the growth rate is at 5 percent rather achieving 10 per cent.

The headline inflation and the key interest rates have hampered the growth rate. Adding insult to injuries, the sectors and industrial index were never upto the market in boosting the economy. The IIP was seen in negative and zero, manufacturing sector was seen helpless in heightening Indian economy.

The year 2012 was full of macroeconomic problems for the economy. And the economy was battling against the high inflation rate, which once was touched to double digit.

The slow growth rate would be a big challenge for the UPA coalition government to tackle. However, the headline inflation was seen moderating in the April 2013, which made the Reserve Bank of India to cut the interest rates, ultimately the impact was loud and clear on the equity market in India.

The stock market was achieved the psychological mark of 20,000 and retained the confidence of the rattle investors, those were in concern due to slow growth rate and de-railing economic reforms in India.

The major concern for the UPA government is that it has limited time to revive the economy or act fast on the economy reforms. In 2014, the nation would witness the mega polls. The government would try to revive the economy before it approaches to the voters and it will also try to have some good ranks to its report card.
Read the rest of this entry

May 18, 2013

IPL Fixing rattles Cricket Lovers

IN · · Leave a Comment
ipl spotfixing
How did you feel about the recent fixing tales in IPL matches? The peace bowler Srishant has accepted his blunder of spot fixing, and the media has also highlighted his indication to bookies in form of signals while bowling.

Cricket is no longer to be call game of Gentlemen’s. Racism and fixing have been there in the international cricket. Some of the Pakistan cricketers were charged with fixing matches recently and perhaps this is the first time that it moved on IPL players.

Surprisingly, the trio players betrayed the people and cricket lovers with involving the spot fixing. The game of the Indian Premier League (IPL) has been on the successful tournaments in the world.

The tournament has been one of the most expensive and profit making venture, where all owners, those invested have been doing simply business by entertaining crowd.

The channels have been also earning huge chunk of profit by telecasting it. The fixing was there to gain from spot fixing, and the three players reportedly agreed to dance to the tune of bookies, which landed them behind bars leaving a mark on the IPL game.

After the issue of the spot fixing the taste of IPL has been fade away. Cricket fans might not be fond of cricket again at least over the IPL matches, and may not take the rest of the matches seriously.
Read the rest of this entry

May 13, 2013

Will Indo-Pak Relationship to Shine?

IN · · Leave a Comment
indo-pak relation
Photo Credit:economist.com
The people of Pakistan have given mandate to Nawaz Sharif, making him as the Prime Minister of Pakistan for the third time. The democratically elected government in Pakistan have greater role in shaping the relationship between India and Pakistan.

The recent incidents like, attack in JK – beheading Indian military, hanging of Kasab in Pune, death of Sarabjit Singh in Lahore and death of Pakistani in JK jail, were some of the recent developments that adverse to the Aman Ki Asha.

No doubt in that the relationship between India and Pakistan were good. And the both governments should try to restore peace. And the fact can’t de denied that the Army in Pakistan still have much influence on the government, and it may topple the government as happened in past.

If everything goes fine with the Pakistan newly elected government and Indian government, the peace restoration could begin with anytime between the two countries. The issues including cross border terrorism, JK, PoK and bi-lateral trade would at the major to focus for the government to discuss.

In past many talks between India and Pakistan failed resulting unrest along the border. However, the governments will aim to combat terrorism as duo nations have been facing the terrorism for long time.

Pakistan would try to combat the Taliban rule in the north, while India would try to combat the cross border terrorism. 
Read the rest of this entry

May 9, 2013

BJP lost in Karnataka

IN · · Leave a Comment
BJP Lotus
The recent verdict by voters in Karnatka have defeated the corruption in politics. BJP was ruling party there, which reduced to only 40 seats, where as Congress gained 121 seats out of 224 legislative assembly constituencies in Karnataka. Election was held for 223 seats on May 5, 2013.

Congress is the single largest party in the state, which will form the government in Karnataka after a gap of 9 years.

The BSY and Lingayat Community have deserted the BJP and brought it to minority in the sate. As expected the BJP has lost the only southern state having rule there. The core issue was the corruption, and BJP had to face the music.

If the same equation works in the next general elections, then Congress-led UPA might face the same, as the list of scam there with coalition government at centre.

The NaMo factor did not work there in Karnatka, and time for the party to streamline its further strategies for the next general elections in India.
Read the rest of this entry

May 8, 2013

Indian Govt. Clears 17 FDI Proposals

IN · · Leave a Comment
fdi in india
In a significant development in the Foreign Direct Investment Arena, the government of India has given green signal to 17 foreign direct investment (FDI) proposals worth Rs.262.52 crore considering the recommendations of the Foreign Investment Promotion Board (FIPB) on Tuesday.

The move will boost the market sentiments in India, which has been green this month. The stock markets were advanced due the rate cut by the Reserve Bank of India (RBI) and right market conditions in May.

However, the political issues might affect the trading but the with the UPA government continuing its economic reforms to bring back the economy from the clutches of the slowdown, are certainly to gain the confidence of the investors both domestic and foreign investors.

According to media reports, the investments have been pouring into India, in the first week of May as the FIIs have pumped around Rs.26000 crores in Indian equity markets. That shows that the foreign investors have faith on the stock market and ultimately the economy is on the back to track of good growth rate.

The growth rate of five percent is however low, but in the conditions of the slowdown; the rate could be justified since in 2008 recession Indian economy had sustained the growth rate, whereas other economies in the world have tumbled to recession.

The more and more inflow of fund will give boost the liquidity in the market as well as in the economy.
Read the rest of this entry

May 7, 2013

Corruption is Once Again Issue in Indian Politics

IN · · Leave a Comment
corruption in India
The row of the 2G spectrum has been buzzing recently and one more issue of railway job scam came into limelight.  The opposition party, BJP started demanding resignation of railway minister and law minister over the corruption charges.

The issue of corruption once again back into Indian politics with bang. This time the UPA government should tackle the charges and act against those guilty, in order to save the image of clean government.

Meanwhile, in 2012, the country has witnessed a major battle against corruption by the leader Anna Hazare. And in 2013, also Anna may start crusade against the tainted ministers and attack the government over the corruption charges.

The country is going to have major battle of election for the Parliament in 2014, and the issue of corruption is sure to change the political scenario in the India.

The opposition is in no mood to leave the issue without getting attention of people towards the corruption issue.
Read the rest of this entry

May 3, 2013

Sarabjit: A death of Indian in Pakistan Jail

IN · · Leave a Comment
sarabjit singh
Once again the ugly face of Pakistan jail mets witnessed in terms of the death Indian prisoner  - Sarabjit Singh, who was in Pakistan jail for last 23 years. Recently, he was attacked by inmates in the jail, and on Thursday he breathed his last.

After the hanging the terrorist, Kasab, it was the duty of the Pakistan jail authority to provide adequate security to the Indian prisoners in Pakistan. But seems hardly do that was implemented.

After the death of Sarabjit Singh in Pakistan, Indian government has re-issued advisory to all state governments to ensure proper security to 220 Pakistan prisoners in Indian jails.

The death of Indian prisoners could not be taken lightly, as it was not the failure of the security system in the Pakistan, but raised may questions over the moral.

This could be a biggest political game inside Pakistan for the election victory. And may be a trump card to play the game of politics in Pakistan.

What to expect from 'Aman Ki Asha', if Indian are subject to perish like animals in Pakistan. This was the case of the a civilian, and who know what has been happening with prison-of-war or Indian military in Pakistan jails. 
Read the rest of this entry