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MONOPOLIES AND BUREAUCRACY
ASML layoffs: the king of advanced chip-making machines cuts 1,700 jobs in major shake-up—but is China ready to lure them all and forge its own ASML empire?ASML layoffs hit global headlines after the chip giant confirmed 1,700 job cuts, nearly 4% workforce, despite record AI-driven demand. The ...- Quote of the day by German sociologist Max Weber: ‘One can say that three pre-eminent qualities are decisive for the politician…’Amidst political turmoil, Max Weber's insights on statesmanship offer a vital compass. He stressed that true leaders possess passion for a ...
- Govt has given free hand to monopolies, shackled small businesses: Rahul GandhiRahul Gandhi met with Vaishya community representatives. They expressed despair over business challenges. Gandhi stated the government favo...
- "Fight against feudal mindset": Rahul Gandhi accuses BJP of empowering monopolies, burdening small tradersRahul Gandhi criticizes the BJP government's policies, stating they harm small businesses and the Vaishya community. He pledges support to ...
- Govt clears consideration of private member's Bill on independent media licensing authorityA private member's bill proposing the establishment of an independent body to regulate media licensing in India has been cleared for consid...
- Reforms to fuel India's 8 per cent growth goal, says Nouriel RoubiniIndia is poised to become a global superpower, but must continue structural reforms to boost economic growth from 6-7% to 8%, says economis...
- Govt's AI advisory will not apply to startups: MoS IT Rajeev ChandrasekharSeveral AI startups had raised concerns over the government advisory arguing that it is anti-innovation and not forward looking.
- View: P75I proposal's a step forward, but Centre needs to dig deeper into Strategic Partnership policyIndia's conventional submarine fleet (15, including the three new Scorpenes) urgently needs the induction of new equipment in sufficient nu...
- China targets Jack Ma’s Alibaba empire in monopoly probeOnce hailed as drivers of economic prosperity and symbols of the country’s technological prowess, Alibaba and rivals like Tencent Holdings ...
- Piyush Goyal faces tough task of putting railways back on trackThe new minister has the tough task of regaining people's confidence in the state-run transporter which has been hit by a spate of derailme...
- Narendra Modi's 10-point agenda: A welcome step but more to be doneOnline auctions for government contracts, tenders —and, presumably, natural resources as well — should promote transparency and reduce graf...
- CBI is seen as a government's hatchet: Former West Bengal governor Gopalkrishna Gandhi"CBI has a very mixed image. Not all of it is flattering. It is seen as a government's hatchet, rather than honesty's ally. It is often cal...
- Aam Aadmi Party does not have institutional approach: Lok Satta PartyNarayan said that an institutional approach was needed to bring change in the political system while "everything is bad" notion is childish.
- Radia tapes reveal BJP functioning similar to Congress: Prashant Bhushan"Our party was born not to change the face of those who govern this country, but to change the very system," says the AAP leader.
- Competition norms must not stifle growth: P ChidambaramFinance Minister P Chidambaram today said that competition rules in the country should not become "another bureaucracy, stifling growth".
- Bureaucracy is not completely foreign to me: Raghuram Rajan, Chief Economic Advisor"Let's put it this way. I have been an international bureaucrat before. So bureaucracy is not completely foreign to me. And I look forward ...
- Higher incomes and empowerment hold the key to stem NaxalismEnsuring that the tribal population is given their basic rights, providing them with sustainable livelihood are crucial to reduce the Naxal...
- Lokpal to cover PM as bill gets its final shapeThe government, however, is opposed to the inclusion of lower bureaucracy directly within Lokpal's jurisdiction as demanded by Anna Hazare.
- Australia's Telstra to slash 6,000 jobs: ReportsAustralian telecoms giant Telstra Thursday said it would slash jobs to "improve customer satisfaction" but refused to confirm a report that...
- BSNL begins to bleed, sees a loss of Rs 2,611 cr in FY10BSNL’s huge losses for the current comes after a profit of Rs 575 cr, last year. Losses have been precipitated by salary revision.
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