Where losers are winners

I was at once amused, astonished and aghast at a couple of news items that appeared one below the other in a national daily. PayTM, a much touted desi payment app, hogged the headlines for two diametrically opposite reasons. One proudly proclaimed that PayTM’s parent company would be bidding for a sizeable stake in the private sector Yes Bank. And another announced that the same parent has tripled its losses in three years between FY2016-19, from Rs 1,500 crore to Rs 4,217 crore. Continue Reading

Editorial: Good sign

At a time when fears are doing the rounds about the economic condition of the country, findings of a latest survey have indicated that an astounding 82 per cent of the respondents between 18 and 30 years are likely to start their own business. Continue Reading

Editorial: From bottom to top

Addressing party workers in Ambala, Nadda said there are hundreds of political parties registered with the Election Commission of India, with some of them recognised as State parties and a few as national ones, but none of them, except the BJP, gives primacy to its workers. Continue Reading

Will it revive economy?

A series of measures was announced by the Finance Ministry that includes rollback of enhanced super-rich tax on foreign and domestic equity investors, exemption of start-ups from ‘angel tax’, a package to address distress in the auto sector and upfront infusion of Rs 70,000 crore to public sector banks, in efforts to boost economic growth from a five-year low. Continue Reading

All are equal

In a welcome observation, the Bombay High Court said on Tuesday the State must treat all citizens, whether rich or poor, with dignity. It also pulled up the Maharashtra government for forcing nearly 15,000 families to stay in the chemical pollution-affected Mahul area of Mumbai. Continue Reading