Archive for November 2nd, 2017

Bank recapitalisation bond plan: An attempt to hide failure of banking regulator?

November 2, 2017

Ila Patnaik writes a scathing piece on the recent Banking recapitalisation bond plan. She says the problem is not limited to public banks alone but even private ones which have hidden NPAs all the while. What was regulator doing all this while?

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When there was a tax on keeping beards in Russia in 1700s….

November 2, 2017

Interesting bit of history by Ali Forster, historian at Miami University:

No-Shave November, the annual cancer awareness campaign that urges men to forgo shaving for 30 days, will undoubtedly produce some sorry-looking stubble for some. You may encounter such fuzzy facial hair that you proclaim scraggly beards criminal. Alternatively, some men may produce such bountiful, beautiful whiskers that you will declare such beauty unlawful. Peter the Great, Russia’s 17th-century autocrat, certainly had some strong opinions when he outlawed facial hair in 1698.

Peter I, who ruled from 1689 to 1725, tried to modernize and westernize Russia. He wanted his countrymen to be clean-shaven and wear western clothes like their European counterparts. So he imposed a hefty tax on beards. If you could afford it, you paid the tax and got a token to signify that you had paid for the right to have a beard.

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Politics over teaching history: Why is Chinese history a politically sensitive topic in Hong Kong?

November 2, 2017

As I was reading this piece on youth of Kerala not knowing history of the state, I came across this piece on teaching Chinese history in Hong Kong.

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Finland thinks it has designed the perfect school: This is what it looks like….

November 2, 2017

Adam Jezard provides a glimpse of Finland schools. What is seen as a modern school looks more like India’s gurukul of yesteryears minus all today;s technology:

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