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The age of Putin

👉The Russian President begins a new term with huge economic and foreign policy challenges👈 Vladimir Putin, who has maintained a tight grip on power in Russia for almost two decades, begins his fourth term as President at a time when the country is going through a difficult period, economically and diplomatically. Widely credited with stabilising post-Soviet Russia during his first two terms after the chaos of the Boris Yeltsin years, Mr. Putin presents himself as a strongman seeking to restore Russia’s lost glory. This image has helped him bolster his popularity. In the March presidential election he won 77% of the popular vote, the largest margin for any post-Soviet leader. That majority is a reminder of the suffocating grip that Mr. Putin and his coterie have on the democratic process. Russia’s most prominent opposition figure, Alexei Navalny, was barred from contesting the election, which rendered the presidential race a formality for the re-coronation of Mr. Putin. One of his...
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Opacity in the banking sector

A well-informed public can serve as a watchdog more effectively than existing banking regulatory bodies The Nirav Modi case, of bank fraud, has once again brought into focus the deficiencies in procedures and supervisory and regulatory controls in the banking sector. However, an equally important aspect that warrants a closer look is the opacity around the functioning of our banks that keeps the public in the dark about the extent and details of wrongdoing. Under the RTI In 2011-12, the Central Information Commission (CIC) considered appeals from applicants concerning bank regulatory functions after they had been denied information, under the Right to Information (RTI) Act, by the Reserve Bank of India (RBI) and the National Bank for Agriculture and Rural Development (NABARD) about these functions. The information sought comprised copies of their inspection reports on banks, details of action taken against banks in breach of the relevant laws and regulations, and advisory note...
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Dangerous spiral: on India-Pak diplomatic row

💥New Delhi and Islamabad must address the tit-for-tat harassment of each other’s envoys Regardless of the provocation or the sequence of events, there is an urgent need for India and Pakistan to address allegations of harassment of each other’s diplomats and interference in High Commission work. While surveillance of diplomats by intelligence agencies in New Delhi and Islamabad is not new, matters have escalated in the past month, and the treatment of diplomatic officials by both sides has dropped to new lows. The spark for this round of ‘tit-for-tat’ actions appears to be an incident in February, when alleged ISI agents roughed up Pakistani construction workers headed for the Indian mission’s new building site in Islamabad. While Pakistan’s foreign office claimed they did not have security clearance to enter the diplomatic zone, India saw it as an attempt to stop the work, adding that power and water connections were tampered with. Then, the Pakistan High Commission in Delhi cl...
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A TRAVESTY OF DIVORCE

Triple talaq has nothing to do with religion. Both Sunni leaders and the BJP have failed to see triple talaq for what it is: a type of wife abandonment It is easy to blame political parties for the mess around the triple talaq issue. But before doing so, one has to put the matter in perspective: it is not political ‘manipulation’ that came first; triple talaq already existed. Can you really blame others for tossing stones into your house when you have a gaping hole in the roof? True, only a minuscule percentage of Muslim men practised triple talaq, but still the number of afflicted women ran in the tens of thousands. There was no justification for it — legal, political or social. There wasn’t even a convincing theological argument in favour of it, as the Shias wisely accepted. Rashly rejecting a constructive say in the matter (and, once again, failing to position itself on the progressive side of history), a section of the so-called Sunni leadership in India i...
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👀DAILY HINDU EDITORIAL WORD BYTES - 2-> 12 MAY👀

💥 Daily Word Bytes - 1  from editorial  - Loss of Innocents  💥 lynching (noun) – an act of punishing/killing someone by hanging for claimed offence by the group of people without legal trail. Hindu Editorial usage :     Loss of innocents: on the wave of lynchings in Tamil Nadu  underlying (adjective) – fundamental, basic, essential. Hindu Editorial usage :     It is important to analyse such incidents to understand the underlying anxieties and the drift of trouble-making attempts drift (noun) – essence, meaning, significance. Hindu Editorial usage :     It is important to analyse such incidents to understand the underlying anxieties and the drift of trouble-making attempts brutality (noun) – cruelty, savagery, inhumanity/atrocity. Hindu Editorial usage :     Three recent incidents of lynching in Tamil Nadu, unrelated except for the mindless violence and brutality, are grim reminders of the power a mob can wiel...
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