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Articles by Nayan Shankar
Price controls lead to shortages and harm the country’s poor
Dear Leader goes on his evening podcast and announces to the nation that henceforth, there will be a price cap on cars. All cars will have to be sold at the very affordable price of Rs 1 lakh. What will happen? You don’t need to know economics to answer this. Common sense will do. All manufacturers will stop making cars that cost more than Rs 1 lakh, for why would they sell at a loss?
India's gold demand ticks up ahead of festivals, subdued elsewhere
BENGALURU/MUMBAI: Demand for gold was subdued in major Asian hubs this week as high prices dampened consumer interest, although some hefty discounts on offer in India led to a slight uptick in buying ahead of a major festival season. Gold futures in India, the biggest bullion consumer after China, were trading around Rs 38,504 per 10 grams on Friday, easing from a record high of Rs 39,885 touched on Wednesday.
DEOs directed not to ask students to purchase uniforms from shops
Punjab education department has directed district education officers not to ask government school students to purchase uniforms from any shops. Representational Image CHANDIGARH: Punjab education department has directed district education officers not to ask government school students to purchase uniforms from any shops.
Easwaran's 153 puts India Red on top in Duleep Trophy final - Times of India
BENGALURU: Bengal right-hander Abhimanyu Easwaran staked his claim for a place in the senior side with a 153-run knock as India Red marched towards the title by building a 114-run lead over India Green at stumps on day three of the Duleep Trophy final on Friday. Easwaran (153 off 300 balls; 16x4s, 2x6s) added 51 runs to his overnight score as India Red finished the day at 345 for 6 in 116 overs in reply to India Green's first innings score of 231 in 72.1 overs.
Watch Video: Deepika Padukone breaks into an impromptu dance to 'Disco Deewane' at Abu Jani-Sandeep Khosla fashion show - Times of India
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Exclusive! Kangana Ranaut on gender inequality: Don’t project yourself to a lesser being, that is causing much more damage - Times of India
Kangana Ranaut is one of the finest actors in Bollywood who has impressed the audience with her interesting roles on big screen. Apart from being a diligent actress, Kangana Ranaut has always been vocal on issues pertaining to the society. The actress recently became a part of Cauvery Calling campaign which focuses on tree plantation and highlights the environmental issues faced by humans.
Janhvi Kapoor and Ishaan Khatter going strong; attend Shahid Kapoor's son Zain’s birthday bash - Times of India
Boney Kapoor - Sridevi's daughter Janhvi Kapoor and Shahid Kapoor 's brother Ishaan Khatter starred together in Shashank Khaitan 's 'Dhadak'. And during the shoot of the film, the duo developed a friendly bond. However soon, reports of Ishaan and Janhvi dating each other started doing rounds the internet. Though the duo always refuted the rumours, the paparazzi have snapped them several times on their various outings.
Rooster wins French court battle over right to make noise
ROCHEFORT (FRANCE): The owner of famed French rooster Maurice emerged victorious on Thursday from a legal battle with her neighbours over his early-morning crowing, with a court upholding the bird's right to sing in the day. The judge found that the rooster, being a rooster, had a right to crow in his rural habitat.
Indian high commission lodges complaint with UK foreign office over protests
LONDON: The Indian high commission lodged a formal complaint on Thursday with the UK foreign office over its London mission building being trashed by 10,000 anti-India protestors. About 10,000 Kashmiris, British Pakistanis and pro-Khalistan Sikhs smashed windows and pelted stones, eggs and bottles at the building on Tuesday, damaging the exterior when protesting about the stripping of Jammu and Kashmir's special status.
Boris Johnsonâs brother quits govt as PM gets into poll mode
WAKEFIELD: British PM Boris Johnson's plan to kick off what is in effect an election campaign casting parliament as the enemy of Brexit was overshadowed on Thursday when his younger brother quit the government, citing the national interest. As UK spins towards an election, Brexit remains up in the air more than three years after Britons voted to leave the bloc in a 2016 referendum. Options range from a turbulent 'no-deal' exit to abandoning the whole endeavour.
Fighting back tears, Churchillâs grandson retires, slams UK PM
Rising to speak before a half-empty House of Commons on Wednesday, Nicholas Soames, the grandson of Winston Churchill, choked up, fighting back tears. Soames, 71, has served in parliament for 37 years. But he now was announcing his decision to retire from politics, a day after PM Boris Johnson had expelled him from the Conservative Party.
Green card or US citizenship applicants may have to provide social media identity | India News - Times of India
MUMBAI: The US Department of Homeland Security (DHS) has taken the process of obtaining social media identification (user name or handle) a step forward. It proposes to expand its coverage to various forms to be filled in by those already in the US, such as those applying for a green card or citizenship. A notice was published in the Federal Register on September 4 and public comments invited over the next 60 days.
Congress backs P Chidambaram, says truth will prevail | India News - Times of India
TNN | Updated: Sep 6, 2019, 5:15 IST Congress remained resolute in its defence of senior party leader P Chidambaram on Thursday and said those with the "power of truth" had the strength to fight any "injustice", reiterating that the case against the former finance minister was politically motivated. Speaking to TOI, Congress spokesperson Manish Tewari said the government was free to jail party leaders but ultimately the cases had to hold up in court.
Chidambarams granted bail in Aircel-Maxis case | India News - Times of India
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Why ED believes its custody of P Chidambaram is crucial | India News - Times of India
NEW DELHI: The custodial interrogation of former finance minister P Chidamdbaram by the Enforcement Directorate is crucial as recording of statements under Section 50 of the Prevention of Money Laundering Act (PMLA) is an admissible evidence in court unlike a statement recorded by the CBI under section 161 of the CrPC which, on its own, lacks evidentiary value and cannot be held against an accused during prosecution. The director of ED has the same powers as of a civil court.
ED quizzes Ahmed Patel's son again in Sterling Biotech case | India News - Times of India
NEW DELHI: Faisal Patel, son of senior Congress leader Ahmed Patel, was questioned by the Enforcement Directorate at its New Delhi headquarters again on Thursday in its ongoing money laundering probe in the Rs 15,000 crore Sterling Biotech money laundering case. Faisal has made multiple appearances before the ED in the Sterling case.
Bail in economic offences will hamper probe: Supreme Court | India News - Times of India
NEW DELHI: Making a distinction between economic offences and other crimes, the Supreme Court on Thursday said white collar crimes were committed with minute planning and deliberate design and in such cases, custodial interrogation was needed to extract information from an accused.
SC disapproves of HC's copy-paste job | India News - Times of India
NEW DELHI: Responding to P Chidambaram's allegation that the high court judge did a copy-paste job by relying blindly on an "unsubstantiated" note handed over by CBI/ED after the hearing had concluded, the Supreme Court on Thursday disapproved verbatim quoting of the sealed envelope note in the judgment.
Congress faces test of credibility with big leaders in the dock | India News - Times of India
NEW DELHI: With two prominent Congress faces in CBI and ED nets, and the noose possibly tightening around a few others, the party is grappling with a crisis that has been growing since its electoral drubbing in May and the leadership suspense. There was a sense of disbelief in Congress as former finance minister P Chidambaram was sent to Tihar Jail and Karnataka firefighter DK Shivakumar arrested by the Enforcement Directorate a day before.
SIT on Pehlu lynching probe files report | India News - Times of India
Pehlu Khan's widow Jaibuna and son Irshad at their house in Jaisingpur village in Nuh district. (TOI photo) JAIPUR: The special investigation team (SIT), formed on August 16 this year to reinvestigate the Pehlu Khan lynching case after a trial court acquitted all six accused in the matter, submitted its report on Thursday. The 80-page report, with additional 1,000 pages of containing documents, is likely to put the Rajasthan police in a tight spot for its shoddy investigation of the case.
With Chandrayaan-2 going to land, entire world is on the edge of its seat: Former Nasa astronaut | India News - Times of India
NEW DELHI: Jerry Michael Linengar, a former National Aeronautics and Space Administration (NASA) astronaut who had flown on US space shuttles and spent over five months on Russia's Mir space station, is in India to do a special show on Friday night on Chandrayaan-2 moon landing operation. The Nasa veteran is "impressed with Indian Space Research Organisation's robotic mission to Moon".
Abused as 'barren', woman gives birth to twins at 74 | India News - Times of India
GUNTUR: A 74-year-old woman from a village in East Godavari district in Andhra Pradesh became perhaps the oldest ever to become a mother when she gave birth to twin girls at a private hospital in Guntur on Thursday. The woman, who married her farmer husband 57 years ago, opted for in vitro fertilisation (IVF). A team of four doctors performed a caesarean section on her, after which the twins were born. Yaramati Sitarama Rajarao, a farmer from Nelaparthipudi village, had married Mangayamma in 1962.
Tamil Nadu cops on Tihar security will not guard Chidambaram's cell | India News - Times of India
NEW DELHI: Former finance minister P Chidambaram ate dal and rice for dinner on Thursday, his first night in Tihar jail. He skipped the mixed vegetables and rotis on Thursday's jail menu, sources said. He has been lodged in a separate cell in jail number 7 at Tihar. He has been placed under round-the-clock security and CCTV camera surveillance for security reasons. This will be apart from the Z-category security assigned to him by the home ministry.
Kuldeep Sengar behind crash, says Unnao survivor | India News - Times of India
"It was Kuldeep Singh Sengar who conspired to have me killed in the car-truck crash on the Rae Bareli highway. There's little doubt about this," the Unnao rape survivor told TOI over phone from her AIIMS hospital bed on Thursday. It was her first interaction with anyone from the media since the July 28 accident that killed two of her aunts and left her and a lawyer critically injured.
Mini-trial for pre-arrest bail not possible: Supreme Court | India News - Times of India
NEW DELHI: The Supreme Court's decision on Thursday to reject former finance minister P Chidambaram's anticipatory bail plea in a money laundering case lodged by the ED forced him to withdraw his appeal against being sent to CBI custody in the INX Media graft case and paved the way for the trial court to send him to Tihar Jail in judicial custody.
India open to using force for self-defence: Rajnath Singh | India News - Times of India
Rajnath Singh delivering a speech during the opening ceremony of the Seoul Defense Dialogue 2019. (AP photo) NEW DELHI: In the backdrop of heightened tensions between India and Pakistan, defence minister Rajnath Singh said on Thursday that India would not balk at using its strength to defend itself. "India has never been an aggressor in its history nor will it ever be.
Delhi, Jakarta call for global anti-terror fight | India News - Times of India
External affairs minister S Jaishankar with his Indonesian counterpart Retno Marsudi in Jakarta. (AFP photo) JAKARTA: India and Indonesia on Thursday "unequivocally" condemned terrorism and the "selective approaches" in dealing with the global menace as external affairs minister S Jaishankar held talks with his Indonesian counterpart Retno Marsudi here. Jaishankar is on a September 4-6 visit to Indonesia, his first to a South East Asian country.
India, Japan to hold first 2+2 meeting in coming weeks | India News - Times of India
PM Narendra Modi with Japanese counterpart Japan Shinzo Abe on the sidelines of 5th Eastern Economic Forum, in...Read More NEW DELHI: The first 2+2 meeting between India and Japan will happen in the coming weeks in the run-up to the annual Modi-Abe summit scheduled to be held in India in December. The format involves high-level discussions between foreign and defence ministers on strategic and defence issues. India has 2+2 talks with all quad members - US, Australia and now Japan.
Centre: 80% of Valley landlines functional | India News - Times of India
An elderly woman talks on phone after authorities in Kashmir restored 19 more telephone exchanges, a month aft...Read More NEW DELHI: The Centre on Thursday gave a detailed account of "normalcy" returning to Kashmir after its August 5 decision to scrap special status to J&K under Article 370 and informed the court that 80% of landline telephones were operational in the Valley.
FIRs against Hajela, three 'foreigners' named in NRC | India News - Times of India
GUWAHATI: As resentment against the National Register of Citizens continued to spread across Assam, at least 1,000 people organised a protest rally against NRC coordinator Prateek Hajela in New Delhi on Thursday. The protesters, who assembled at Jantar Mantar, announced that at least 12 lakh of the 19 lakh people excluded from the NRC are "Bengalispeaking Hindus and genuine Indians" who will not approach foreigners' tribunals to seek entry into the NRC.
Institutions of Eminence tag for 10 varsities | India News - Times of India
NEW DELHI: The ministry of human resource development on Thursday issued orders to five public universities conveying their declaration as Institutions of Eminence (IoE). Moreover, letter of intent (LoI) has also been sent to five private universities for the IoE status. The government has issued the orders based on the advice of the UGC and the empowered expert committee which recommended granting eminence status to these institutions on August 2.
PM Modi tells Malaysian counterpart Mahathir Mohamad to extradite Zakir Naik | India News - Times of India
Malaysian PM Dr Mahathir Mohamad with PM Narendra Modi, on the sidelines of 5th East Economic Forum in Vladivo...Read More NEW DELHI: Prime Minister Narendra Modi on Thursday raised the issue of extradition of controversial Islamic preacher Zakir Naik, who is facing terrorism and money laundering charges, with his Malaysian counterpart Mahathir Mohamad.
'Hindus have prayed at Babri site since 1885' | India News - Times of India
NEW DELHI: Muslim parties to the Ayodhya dispute admitted before the Supreme Court on Thursday that Hindus have been offering prayers at Ram Chabutra within the Babri Masjid precincts since 1885, when a civil court had granted the community right to worship while denying them title over the Ram Janmabhoomi-Babri Masjid structure.
Doctor writes to CJI on Assam lynching, Supreme Court treats it as PIL | India News - Times of India
NEW DELHI: The Supreme Court on Thursday lodged a petition based on an email sent by an Agra-based paediatrician, who cited a TOI news report and highlighted the recent lynching of a 75-year-old doctor in an Assam tea estate. He sought urgent remedial measures to stop attacks on doctors.
Eateries will have to display hygiene ratings on doors | India News - Times of India
NEW DELHI: Restaurants and hotels will soon have to display hygiene ratings on their doors. The food regulator is set to make such ratings mandatory for all restaurants along with presence of a food supervisor to monitor compliance of food regulation and ensure safety of food served. The idea is to raise the standards of dining out, while also ensuring the food served is safe and of good quality.
Steep traffic fines will help instil fear of law: Nitin Gadkari | India News - Times of India
Madurai district police imposing fine on traffic violators. (TOI photo) NEW DELHI: Indicating clearly that his ministry won't come under pressure from a section of people criticising high traffic fines, Union transport minister Nitin Gadkari said on Tuesday the government does not want to impose huge fines, but there should be respect and fear for the law. He also asked who would be responsible if a driver without licence or in a drunken state causes an accident.
Supreme Court lets daughter meet Mehbooba Mufti; shifts CPM leader to AIIMS | India News - Times of India
NEW DELHI: The Supreme Court on Thursday allowed former J&K CM Mehbooba Mufti's daughter, Iltija, to travel from Chennai to Srinagar to meet her mother, kept under house arrest since August 5 and to move around in Srinagar subject to requisite permission from authorities. A bench of CJI Ranjan Gogoi and Justices SA Bobde and S Abdul Nazeer also ordered immediate shifting of former MLA Yusuf Tarigami from Srinagar to Delhi for treatment.
India gives $1 billion line of credit to Russia Far East | India News - Times of India
PM Narendra Modi with Russian President Vladimir Putin after they issue a joint press statement in Vladivostok...Read More VLADIVOSTOK: India on Thursday announced an "unprecedented" $1 billion line of credit for Russia's resource-rich Far East with Prime Minister Narendra Modi vowing to support President Vladimir Putin's "stupendous efforts" to develop the extremely harsh region.
100m above Moon, Vikram will pick final landing spot | India News - Times of India
Vikram lander successfully separated from Chandrayaan-2 orbiter at 1.15pm on September 2. (Courtesy: Twitter |...Read More BENGALURU: Forty-seven days after it left Earth, Chandrayaan-2 lander Vikram will decide on the exact landing spot on Moon when it would be 100m above the lunar surface between 1.30am and 2.30am on Saturday. If all goes well, it'll touch down 78 seconds later.
Chidambaram loses bid to avoid Tihar, to be kept there till September 19 | India News - Times of India
Former finance minister P Chidambaram being taken to Tihar jail. (PTI photo) NEW DELHI: In a setback to former finance minister P Chidambaram, a special CBI court on Thursday sent him to Tihar Jail in judicial custody till September 19 in the INX Media corruption case. "The allegations against the accused were found serious. Therefore, he was remanded to police custody. The investigation is still in progress.
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