MyTake

Saket District Court is going to announce the sentence to the accused in the GangRape case which happened on 16th Dec 2012 in Delhi. It led to numerous agitations at different locations in India which also included candle march at several places showing their solidarity for the cause of a strict and stringent law which could punish the accused with the capital punishment. The agitators demanded fast action from the court. Later the parliament passed a law which made provisions of punishing the accused with death penalty. That law is in action now. The question as to whether such laws would be able to control such heinous crimes in the times to follow keeps pondering over my head and I have a different take on this. We have several laws, many of them very strict. We have several institutions, very pious in nature, very committed to the cause of welfare of people of the republic of India. We have all kinds of bureaucrats and politicians who are involved in making laws as well as...

Today is teachers' day in India. On this day in 1888, Dr Sarvapalli Radhakrishnan was born, who later became the President of India. He also occupied the office of Vice President of India apart from being the chancellor of University of Delhi before taking over as President of India. He was a great educationist, philosopher and statesman. Since 1962, this day is celebrated as Teachers Day in India. Teachers play very important role in the lives of people. They make or destroy generations. They shape or spoil the future of children. And this is a reason why their role further becomes more important. Some people become teachers on their own choice and for some teaching finds them. Some teach for livelihood and satisfy their daily needs out of the consideration that they get from their job. Just like any other job. Some make rules for themselves and at times they break rules for the cause of education and improving the well being of people. They are really regarded as great souls. I ...

The market sentiment is the major player in the fall of the currency of any country.  US Dollar is an international currency unlike Indian Rupee, so all imports are converted into USDs and for all exports India earns USDs.  When there is favourable condition in the market, the sentiments support the home currency and vice versa. This is primary reason.  However there are other reasons as well.  In order to improve growth parameters, a country is required to spend money on the projects and sustainable endeavors.  For this there are two options available for a nation, one it can print/mint currency and another one to collect the currency from the market.  First option requires similar collateral for security, which is not the case for the second option.  US federal government announced collecting currency (USDs) from other nations, which made USD a valuable currency following Demand-Supply law of economics.  This caused the fall of rupee as well ...