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The Business Blog
Subsidised oil is bleeding us: Rs 21 cr losses every hour!
By R Jagannathan Thanks to a tanking rupee, the oil marketing companies (OMCs) are now losing more than Rs 500 crore a day on subsidised diesel, kerosene and cooking gas. Or Rs 509 crore daily, to be precise. That’s Rs 21.2 crore of losses every hour! The losses on diesel alone were Rs #fiscal deficit #Numbers #oil marketing #oil prices #Oil subsidies
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Shining Path
Parliament at 60: How rich are our netas!
Picking up from where I left off in my last write-up (click here to access), wherein I had put out some facts and figures pertaining to the composition of our criminal-infested current Lok Sabha, this post will attempt to touch upon the second component of the criminals-and-looters theory that #HowThisWorks #MPs #Parliament of India
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Arjun Parthasarathy
Stop howling about rupee and accept its decline
The hue and cry over the rupee as it fell to record lows of 54 against the US dollar is even more than when India crashes out of a major cricket tournament. Calls for the Reserve Bank of India and the government to intervene to protect the rupee from falling #Foreign exchange reserves #HowThisWorks #Reserve Bank of India #Rupee
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Mahesh Vijapurkar
Symbolism vs substance: Why Dalit politics is about icons
Ask Ramdas Athavale, the most visible Dalit leader who runs a Maharashtra-based political party, the Republican Party of India (Athavale) if he would consider converting the 12-acre Indu Mill land into a huge complex for Dalit students instead of a memorial, the kind behen Mayawati built across Uttar Pradesh. Chances are #AmbedkarCartoon #B. R. Ambedkar #Dalit #Mayawati
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Prithwis Mukerjee
Entrance exams and Brand IIT: misconceptions galore
Presidency college has plans for a tough, new, two-tier entrance examination to select high quality students for its UG and PG courses. This is funny, considering the fact that IITs — that had pioneered the concept of an exclusive entrance examination through the JEE — are hoping to dilute them #Education #Engineer #Entrance examination #HowThisWorks #National Institutes of Technology #Presidency college
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Shining Path
Parl at 60: Dear MPs, more than JUST your slip is showing
Circa 400 BC….Scintillating discussions, debates and arguments on what constituted a perfect governing system; de-constructing justice, demos, kratias (from where we get the word “democracy”) and other such notions into their constituent elements. Socrates, Glaucon, Thrasymachus & gang at it. Relentlessly. “In fact, The Republic does address the danger that power #India #Mayawati #MPs #PoliticsDecoder
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Avinash Subramaniam
Waiting for Dhoni
“I want to go to war with this guy,” proclaimed the former India coach Gary Kirsten on June 11 during the heady days just after India had won the ICC World Cup 2011. For those who came in really late, the ‘this guy’ Kirsten was referring to was the Indian #Chennai Super Kings #Gautam Gambhir #IPL 5 #Mahendra Singh Dhoni #Virender Sehwag
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Gautam Viswanathan
Forza Juve! The dark days are now history
In 2006, when Alessandro Del Piero touched down in Rome on the 10th of July, he was probably one of the happiest men on Earth. He'd just one the World Cup with Italy, barely two months after he'd won the Serie A title with Juventus, alongside international teammates Fabio Cannavaro, #Alessandro Del Piero #Giorgio Chiellini #Juventus F.C. #KickingAround #Serie A
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Tom Alter
In a different land, another Compton rises
I have to be at the airport in London – Heathrow, where the heaths have been replaced by row after row of aircraft – to read in the paper that NRD Compton. Nick Compton – the grandson of the great Denis – has by far the most runs in the county #Denis Compton #JustSaying #Nick Compton #Sports
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Aakar Patel
RAW does not make India proud
First, Pakistan's Express Tribune newspaper reported that India jumped the gun on an impending terror attack by Pakistanis. This was followed by The Hindu's report headlined: 'RAW left with egg on face as terror plot unravels.' The Hindu said that though RAW was wrong, it is possible it was fooled #Intelligence Bureau #Pakistan #Taliban #ToTheContrary
