Editorial

Editorial

Food for thought

Warehousing in India is witnessing shift in focus with increasing importance being ascribed to systems and processes. This is making agri-logistics independent of infrastructure and agnostic to geographic location. In India, warehousing is broadly classified into public-private, bonded, government and co-operative warehouses. It is still considered an asset heavy model which gives importance to creation of the warehousing space alone without any emphasis to efficient handling, scientific processes and management of the same.

Dark clouds over HK

On July 1, it was 20 years since the former British colony of Hong Kong returned to China. The celebrations of this historical event were presided over by Chinese president Xi Jinping. While security forces made sure that the Chinese guests did not encounter any untoward incident there were protests in the city that demanded more democracy for Hong Kong and criticised the Chinese government for interfering in Hong Kong affairs.

Cut & Thrust: Keep vested interests out

People train to prevail — in the street, in the alley, in combat, on the field, in the ring and a zillion other places. Even in an office, you have to be mentally strong to stay ahead in a competitive set. The training may not necessarily be physical, but mental conditioning and toughness is equally strenuous. It is said that nobody gets dragged into a street fight, but once you are in the thick of it, survival takes over. Ditto in chess, to anticipate what your adversary is thinking and planning is vital to how you go about competing.

Reimagining business

The trend of ‘anti- globalisation’ has been watched with some anxiety across the emerging economies. While India cannot be insulated from the global winds, the economy is well-poised to register a new phase of growth. In fact, India is uniquely positioned to leapfrog with the technological advances and at the same time avoid the trap holes that the rest of the world has experienced in their journey from “developing” to “developed.”

With a licence to kill

A mob collects. It points, it blames, and then it kills. We read about this often, and like our response to acid attacks on women by men who hide under the guise of innocence and anonymity, we have no vocabulary to deal with it.
Individuals who use tradition as their legitimating clause are hiding under religious clauses or tenets which were part of society hundreds of years ago. Today, these are specifically crimes, and the modern state has recourse to legal clauses which put such criminals behind bars.

With a licence to kill

A mob collects. It points, it blames, and then it kills. We read about this often, and like our response to acid attacks on women by men who hide under the guise of innocence and anonymity, we have no vocabulary to deal with it.
Individuals who use tradition as their legitimating clause are hiding under religious clauses or tenets which were part of society hundreds of years ago. Today, these are specifically crimes, and the modern state has recourse to legal clauses which put such criminals behind bars.

Ring in new regulations

The Inter-Ministerial Group (IMG) formed by the government to look into the health of the telecom sector is a significant step forward by the government. It is an acknowledgment of the current crisis which the sector is undergoing by first taking stock of the situation, initiating immediate corrective measures and deliberate on future preventive actions which stabilise the sector and bring about regulatory and policy certainty.

Put an end to opacity, NSE

A farrago of ugly issues have been raised over the murky NSE algo case. New Securities and Exchange Board of India (Sebi) boss Ajay Tyagi is clear that NSE may need to refile its application for a stock listing. This comes in the wake of Financial Chronicle providing unadulterated and unalterable facts from a forensic report of NSE’s co-location facility (COLO) by Deloitte Touche Tohmatsu which showed preferential access by brokers, like OPG Securities, to the exchange trading system ahead of other members.

Hungry millions

The Indian enigma consists of situations like “grain mountains and hungry millions”, “agricultural progress coupled with persistence of malnutrition” and “green revolution fame concurrently with farmers suicides”. Since independence, several steps have been taken by both the state and Central governments to abolish hunger and malnutrition. This is because our independence was born in the backdrop of the Bengal Famine. Mahatma Gandhi also said at Noakhali that to the hungry, god is bread and that the god of bread should reside in every home and hut.

Dragon Days are here

This is a very crucial year for the People’s Republic of China. In autumn the Communist Party of China (CPC) will hold its 19th national party congress. At the center of the big event that happens every five years are major personnel decisions that determine the fate of various top level leaders and determine the power equations within the party for the coming five years or even beyond them.

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