Archive for February 24th, 2017

25 years of economics reforms but banking woes come a full cirlce: Making India less dependent on banks..

February 24, 2017

Prof JR Varma has a piece saying 25 years of economic reforms has led to remarkable turnaround in equity markets. But banking sector remains the same with woes coming a full circle.

He says we should take measures to make Indian economy less reliant on banks. In an interesting comparison, he compares banks to a CDO:


Brahmin adopted by SCs can get quota job..

February 24, 2017

India’s battle for backwardness gets murkier.

In a new case, Punjab and Haryana High Court said:

Can a person avail the benefits of reservation under Scheduled Caste (SC) if he was born a Brahmin but was adopted and brought up by SC parents? In an order that will have wide-ranging ramifications, the Punjab and Haryana high court has held that such a person cannot be denied a government job under the reserved category.

The court has also clarified that the adoption would be considered valid even if the regular format has not been followed and customary law has been employed.

Haunting melodies from life of Bollywood musical genius Khayyam

February 24, 2017

Khayyam saab turned 90 last week and Ajay Mankotia pays a nice tribute to his work. As kids one was always stung by his work but didn’t pay attention to the name behind the songs. It was only over time that one realised that all those wonderful songs (and many more) came from his stable alone. No words or praise can do justice to the sheer quality of his work.

Hope many more birthdays to come..

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