The term ‘arm’s length transaction’ is of extreme importance in the financial landscape of the modern world. This aspect of the Hindenburg Research’s report on the Adani conglomerate later, but first, a look at global macroeconomic data. And even before this data, here’s one unmissable comment from the recently concluded World Economic Forum Davos 2023 meeting. “Exceedingly well” – these were the words the Governor of the Bank of Japan (BOJ) used when he referred to India’s present economic progress during the event.
The remarks of the BOJ Governor were seconded by many top global executives, including equipment maker Nokia’s CEO and telecom company Ericsson’s head. In fact, many prominent foreign publications, including CNBC, highlighted how India’s economic progress and anticipated advancements in the near future brought relief during the subdued Davos event that was largely overshadowed by fears of a global slowdown and inflationary pressures cutting across continents.
BRINGING INDIA DOWN
Of late, prices have hovered at very high levels in almost every country, including most advanced countries like the US and the UK and emerging economies like China and India. This has eroded the purchasing power of households, which has hit demand and consumption. The housing markets of virtually all developed countries are facing correction both in terms of prices and sales volume. Overall, the US economy contracted during the first half of last year, while that of China was hit by severe headwinds in the full year of 2022.
Denne historien er fra ORGANISER 12 FEB 2023-utgaven av Organiser Weekly.
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Denne historien er fra ORGANISER 12 FEB 2023-utgaven av Organiser Weekly.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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GOING INTO ELECTION MODE
AS KARNATAKA IS ALL SET FOR LEGISLATIVE ELECTIONS IN MAY THIS YEAR, FACTORS LIKE THE DEMAND FOR RESERVATION, ANTI-INCUMBENCY AND VARIOUS OTHER CONTROVERSIES WILL MAKE THIS ELECTION QUITE INTERESTING
ISLAMIC NATION AT A CROSSROADS
AMID POLITICAL INSTABILITY AND MILITARY INTERVENTION, PAKISTAN IS GRIPPED BY ECONOMIC CRISIS WHICH IS FURTHER DETERIORATING: IT WOULD BE INTERESTING TO WATCH HOW THIS ISLAMIC NATION OVERCOMES THE SITUATION
A GAME-CHANGER FOR INDIAN ECONOMY
THE DISCOVERY OF 5.9 MILLION TONNES OF LITHIUM DEPOSITS IN JAMMU AND KASHMIR WILL CHANGE INDIA’S FORTUNE AND ITS JOURNEY TOWARDS SELF-RELIANCE IN ENERGY. IT WILL ALSO CHANGE THE FACE OF THE COUNTRY’S EV SECTOR
REVIVALISM FOR TRANSFORMATION
SWAMI DAYANAND SARASWATI, A REMARKABLE EDUCATIONIST AND REFORMER, PLAYED A SEMINAL ROLE IN REMOVING ORTHODOXY AND OTHER SOCIAL ILLS PLAGUING THE HINDU SOCIETY. HE ALSO MADE EDUCATION ACCESSIBLE TO ALL
'PM MODI'S POLICIES BEHIND BJP'S ENTRY IN NAGALAND'
The entire North East is witnessing a change since the Modi Government came into office in 2014.
RESOLVE TO RECLAIM OUR TERRITORY
FEBRUARY 22 IS MARKED AS THE SANKALP DIWAS RESOLUTION DAY). IT REMINDS US OF THE RESOLVE THE PEOPLE OF INDIA, THROUGH THEIR REPRESENTATIVES IN PARLIAMENT, TOOK TO RECLAIM THE TERRITORIES THAT WERE OCCUPIED THROUGH AGGRESSION IN 1948
WHAT'S COOKING?
RUSSIAN PRESIDENT VLADIMIR PUTIN IS NOT KNOWN TO OFTEN MEET FOREIGN LEADERS BELOW THE RANK OF HEAD OF GOVERNMENT, EVEN FOREIGN MINISTERS ARE RARELY GIVEN AUDIENCE. SO WHEN HE HAD AN HOUR-LONG TETE-A-TETE WITH INDIA’S NATIONAL SECURITY ADVISOR AJIT DOVAL IN MOSCOW RECENTLY, IT CAUGHT THE WORLD’S ATTENTION
A WAY TO DELIVER JUSTICE
WHEN OUR CONSTITUTION MAKERS PROVIDED RESERVATION BENEFITS TO THE SCHEDULED TRIBES, THEY WANTED TO SAFEGUARD THE TRIBAL POPULATION WHILE ENSURING AMPLE OPPORTUNITIES FOR THEM TO PROGRESS. UNFORTUNATELY, RAMPANT CONVERSION HAS CREATED A SITUATION WHERE THE CONVERTS ARE AVAILING DOUBLE BENEFITS WHEREAS TRIBALS WHO CONTINUE TO MAINTAIN THEIR FAITH ARE DEPRIVED OF THE OPPORTUNITIES MEANT FOR THEM
LEGISLATIVE AND JUDICIAL PERSPECTIVE
THE ISSUE OF DELISTING IS BEING RAISED SINCE MANY DECADES. EVEN ATTEMPTS WERE MADE IN PARLIAMENT FOR CONSTITUTIONAL AMENDMENTS TO DELIVER JUSTICE TO THE TRIBAL COMMUNITY. THIS MATTER IS ALSO BEING HEARD IN VARIOUS COURTS
JUSTICE FOR JANJATI COMMUNITY
THE 'JANJATI GARJANA DELISTING RALLY' WAS ORGANISED IN BHOPAL, MADHYA PRADESH ON 10 FEBRUARY. THE RALLY WAS ATTENDED BY EMINENT PERSONALITIES FROM THE COMMUNITY. NOTABLY, SUCH RALLIES ARE BEING IN ORGANISED CONTINUOUSLY IN STATES WHICH HAVE SIGNIFICANT TRIBAL POPULATION SUCH AS MADHYA PRADESH, CHHATTISGARH, ARUNACHAL PRADESH AND ELSEWHERE IN THE NORTH EAST