Business Standard celebrates the 50th anniversary of its birth just as India marks the 77th anniversary of its independence. The newspaper was born in tumultuous times. Soon after its first edition appeared on March 27, 1975, the country was subjected to the dark days of the Emergency, which marked a major setback to its democratic dispensation.
Fortunately, the political nightmare was short-lived with the then Prime Minister, Indira Gandhi, holding fresh elections in 1977. She and her party, the Indian National Congress, had to face a humiliating electoral defeat. Democracy emerged stronger from this reverse.
Since then India has undergone significant political, economic and social changes. The winds of change in India have occurred in a shifting geopolitical landscape and have often been triggered by these shifts. There is a complex interplay of domestic and external dynamics, which has oriented the country in different, sometimes unexpected, directions.
A geopolitical constant throughout the post-Second World War period, right up to 1990, was the Cold War and the overarching East-West ideological and military confrontation. India's nonalignment was driven by its determination to maintain its strategic autonomy in a polarised world. This has not changed, although its manifestations may be different.
Diese Geschichte stammt aus der August 29, 2024-Ausgabe von Business Standard.
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Diese Geschichte stammt aus der August 29, 2024-Ausgabe von Business Standard.
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A yr of Israel-Hamas war: Trade with W Asia holds steady
However, trade with Israel, Lebanon, Jordan declines during January-July period
Lights, Camera, Commerce! Rajinikanth and Bachchan unite in branding mega-hit
The sharp dialogues of Andha Kanoon (1983), the captivating strains of Aana Jaana Laga Rahega from Geraftaar (1985), and the vibrant energy of Jumma Chumma De De from Hum (1991) have left an indelible mark on the memories of those who grew up in the '80s and '90s. These films celebrated the artistry of two icons of Indian cinema - Amitabh Bachchan and Rajinikanth - creating a rich tapestry of nostalgia that continues to resonate with fans.
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The closure of Iranian airspace after Iran fired missiles on Israel amid the crisis in West Asia have forced carriers to reroute various flights to Europe from Mumbai, increasing their flying duration by up to 20 minutes.
Status quo on rate; stance too may not change
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A decade of Make in India
An uptick in manufacturing activity a decade since the launch of the Make in India initiative notwithstanding, India's integration with global value chains faces some challenges.
MODEL CODE OF CONSTRUCT
Apple is replicating its China model of manufacturing in India, with tweaks. How is it working out?
Money in the bank
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How India made M&A easier for companies
The aspirations of a young India and increased income levels have encouraged companies to consider mergers and acquisitions (M&A) to keep up with demand.
Rising home prices: Consider outskirts, in-progress projects
But be mindful of the potential drawbacks of these options and make balanced choices
Retail investors vs algos: Like lambs to slaughter
TRUTH BE TOLD