The government's chief economic advisor, V Anantha Nageswaran, says he is not losing sleep over the falling rupee. We wish him long nights of peaceful rest and restoration. While the government and the RBl rest, the rupee will be hard at work, to give some respite to our exporters hit hard by Trumpian tariffs.
Earlier this month, Sam Altman of OpenAI declared Code Red at the company: the latest version of its chatbot was underperforming Google’s latest offering, Gemini 3. That panic had one simple explanation: he believes artificial intelligence (AI) to be yet another technology service in which the winner takes all.
When a sudden rent increase forces a thriving commercial establishment — that has a century-old legacy and is a hallmark of a historic locality — to shut shop, is there any sensible alternative to the mournful death of a chunk of the city’s living tradition?
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.
The Supreme Court’s reply to the Presidential reference is a big letdown. The Constitution Bench’s task was to ascertain if the Court can prescribe timelines for Governors and the President to decide on a Bill that comes up before them, and whether the conduct of Governors and the President is justiciable.
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.
The four labour codes long in the making have finally been notified. The good thing is that a legal framework now exists for a company inclined to provide social security for the gig workers it employs to actually provide it. Uber, for example, says it has been waiting for such a legal framework. Any labour law is only as good as its enforcement. Where workers and their unions are strong enough to compel enforcement, laws are complied with.