India depends on imports for meeting its petroleum product needs to the extent of 80 per cent. With global oil producers limiting production, with Iran, a large producer facing US sanctions, prices of crude oil and hence of petroproducts, have been registering increases and these impact domestic prices. There has
It is outrageous that Venu Srinivasan should be implicated in an FIR registered for alleged theft of idols from the Kapaleeswarar temple, Mylapore. In the divisive Tamil society, very few business leaders of eminence bother to take active interest in social and public affairs. Venu is an exception. For years
Date: 28 June 2018: The Government of India announces a draft Bill titled “Higher Education Commission of India (Repeal of University Grants Commission Act) Act 2018.” Implication: It is a blatant attempt at depriving the States of their role in higher education. Mark it; before 1976, Higher Education was a state subject. That
Officers of the ‘steel frame’ are mostly self-effacing and reluctant to record their experiences. Quite a few have come out with memoirs, but mostly in Delhi. The memoir bug is biting the reticent TN civil servants too and provides a welcome narration to glimpse five decades of unquestioned rule. Several members
In the demise of DMK supremo M Karunanidhi (MuKa) Tamil Nadu has lost one of its tallest leaders. Multifaceted is the right description for him – journalist, writer, litterateur, poet, playwright, orator, organiser, strategist, politician, administrator, rationalist, parliamentarian... all rolled in one. In each of these attributes, Karunanidhi excelled. Muthuvel Karunanidhi (Mu
“The insurance sector was opened up in 2000. Even 18 years after, the industry has not recorded decent growth or penetrated deep, despite the big potential. A major reason was too much of regulation as in several other aspects of governance,” said R Thyagarajan (RT), Founder-Chairman of the Shriram Group.
The life insurer appears to be the government’s preferred white knight. LIC is exposed to a massive chunk of the system’s bad assets. If this doesn’t make it a choice for Asset Reconstruction Company, what will? The spurt of controversial moves continues unabated. In a new tale, the country’s largest insurer,
In August 2005 I spent three delightful days with Dr Lux Lakshmanan and his wife Chitra at Davis, California. Lux drove over a hundred miles showing me miles upon miles of farms flush with a variety of agricultural produce – tomato, almond, pistachio, cantaloupe, corn…Blocks of farms, 160 acres each,