The government is considering allowing e-commerce companies with foreign direct investment to hold inventory, strictly for the purpose of exports. This is welcome. The government should go ahead and convert the proposal into policy action.
Prime Minister Narendra Modi gets it wrong on Macaulay. Give the devil his due. His introduction of English language education in India is one of the good things colonialism did for India. It paved the way for Indians to enter the world of modern knowledge, to savour the fruits of the scientific revolution that swept across Europe and turned the world of scholarship upside down in the 16th and 17th centuries, and for the oppressed castes of India to enter the world of learning, from which Indian tradition had excluded them, and for the enrichment and growth of India’s regional languages and cultures. English education introduced Indians to the concepts of liberty, equality and fraternity, totally alien to monarchy and the caste system.
Bihar has presented the National Democratic Alliance (NDA) in charge at the Centre a sterling electoral victory. Nitish Kumar has been sworn in as chief minister for the 10th time.
The fact that the NDA has won all, save two, state assembly elections held since the 2024 Lok Sabha elections serves, in the eyes of many, to shake off doubts about the stability of the ruling coalition created by the BJP’s failure to secure a simple majority, leave alone the two-thirds majority it had been seeking.
Has the Canadian prime minister, Mark Carney, eroded the chances of a trade deal between India and the US, with his apology to the US President over a television spot that a Canadian state government recently ran on US networks? The probability is strong that he has, even if purely inadvertently.
Policy UpdateMuskan Thakur Background DigiYatra was launched in 2022 by the Ministry of Civil Aviation (MoCA), Government of India. It was launched as part of its vision to modernise the aviation sector and enhance passenger convenience through digital-technology interventions. The…
Both India and Canada had bilateral trade nearing $10 billion in 2024, with potential to increase given the diaspora connections, cultural ties, and rising investments.
A ruling by the Swiss Federal Administrative Court on October 14, holding as illegal the Swiss Financial Market Supervisory Authority’s decision to write down Credit Suisse’s Additional Tier 1 bonds, as part of the state-directed merger of troubled Credit Suisse into rival banking giant UBS, has revived hopes in India for those pursuing a case in the Supreme Court against the similar writing down of AT1 bonds issued by Yes Bank, as part of its salvage operation. Their optimism is misplaced.