The six-member monetary policy committee (MPC), headed by the Reserve Bank of India (RBI) governor Urjit Patel, on Wednesday unanimously decided to keep the policy rate unchanged at 6.25 per cent, considering the “heightened uncertainty” of volatility related to US rate hike and the local demonetization drive. RBI also withdrew ... Read More »
The choice of words of Manmohan Singh, former prime minister and an economist, for his column in The Hindu on demonetisation impact on India’s economy, beginning with the title, Making of a mammoth tragedy, should worry the average Indian. Even if one tends to discount the politics of Singh’s article, the former ... Read More »
Prime Minister Narendra Modi handpicked a trusted bureaucrat, little known outside India’s financial circles, to spearhead a radical move to abolish 86 percent of the country’s cash overnight and take aim at the huge shadow economy. Hasmukh Adhia, the bureaucrat, and five others privy to the plan were sworn to ... Read More »
CANBERRA – On Nov. 8, Prime Minister Narendra Modi announced that 500- and 1,000-rupee notes (1,000 rupees is about $15) were no longer legal tender; people were given 50 days to deposit them in bank accounts or exchange them for new notes at banks and post offices — when only ... Read More »
French Rug revisited by Edition Bougainville, inspired from a Louis XN marquetry at the castle of Vaux le vicomte. By smoothing out patterns, we emphasize on the beauty of the silk and by shading the background, we give an extra depth to the rug. With surprising moiré effects, fresh shaded ... Read More »
Wohlgemuth & Pafumi Architekten designed house for a family in Seltisberg, Switzerland named Swiss Simplicity. Joshua & Natsuko from Chibi Moku just finished up filming the home with a unique architectural style. If you like homes that are designed for a close family lifestyle, then you’ll find that “Swiss Simplicity” ... Read More »
It is always intriguing to explore how Mediterranean warmth and luminosity translates into contemporary architectural and design project. This Andalusian house project located near Malaga had gone under several conceptual changes to become one integral piece. First, the architects from DTR_studio had been a task to build an extension to ... Read More »
To find out what’s ailing Americans—or at least which ailments they’re curious about—look no further than online search traffic. Zika, heartburn drugs and EpiPen prices were among the topics that saw the greatest rises in search interest in the U.S. in 2016, according to data gathered by health publisher WebMD. ... Read More »
The US surgeon general has said e-cigarettes pose an emerging health threat to young people. In a report released on Thursday, Vivek Murthy acknowledged a need for more research into the health effects of vaping, but said e-cigarettes were not harmless and too many teenagers were using them. “My concern ... Read More »
Older people should consider working until their 70s for the good of their health, the chief medical officer will pronounce today in new advice to today’s baby boomers. Prof Dame Sally Davies will tell those aged 50 to 70 that they are better off staying in work, or else taking up ... Read More »
“[T]he Obama administration, in education laid the groundwork for Trump and Betsy DeVos because they were big supporters of charter schools . . . [C]harter schools are the first step toward full privatization.” – Diane Ravitch, Democracy Now, December 1, 2016 If there is one thing Democrats and Republicans agreed ... Read More »
The French far-right leader Marine Le Pen proposed Thursday that children of illegal immigrants be refused places in public school as part of tough program to restrict state services. “I’ve got nothing against foreigners, but I say to them: ‘If you come to our country, don’t expect that you will ... Read More »
