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When it comes to financial institutions, we often select where to bank based on a particular product or service, but there are other reasons why choosing a financial institution is an important decision. Credit unions offer up an ethical banking option for those looking to do business with companies that value people and their social impact as much as their own growth. Links: Learn more about Conscious Capitalism Check out TCU University for more financial education tips and resources! Follow us on Facebook, Instagram and Twitter! Learn more about Triangle Credit Union Transcript: Welcome to Money Tip Tuesday from the Making Money Personal podcast. There's a growing interest among consumers to support and do business with ethical companies, and there are many companies that want to be ethical and still maintain steady business growth. Because of this, there's a movement spreading called conscious capitalism, promoting the idea that businesses within a capitalist system can seek financial growth and profits while at the same time maintaining strong ethics and a powerful focus on its social and environmental impact. The idea of conscious capitalism came from Whole Foods Co-founder John Mackey and author/marketing professor Raj Sisodia. They wanted to spread the idea that businesses can pursue growth and profits in a way that also serves the interest of all stakeholders rather than just corporate management groups and shareholders. The two men co-authored a book and eventually developed the organization Conscious Capitalism, Inc. Since then, many high-profile companies have joined the movement, such as Starbucks, Whole Foods, Trader Joes, Alphabet and others. When businesses adopt this philosophy, they choose to recognize the four principles of conscious capitalism listed out by Mackey and Sisodia. These four principles are: Higher Purpose, Stakeholder Orientation, Conscious Leadership, and Conscious Culture. By incorporating these principles into their internal and external operations, businesses hope to improve customer and employee relationships, build brand loyalty with customers drawn to their mission, and engage more effectively with their communities. If you're looking for businesses practicing a similar philosophy that seeks to impact their community and their environment in an ethical manner, look to local credit unions. Credit unions have woven the concept of providing quality financial products and services with a conscious, ethical mindset. Through cooperative finance, credit unions shine in many ways as a satisfactory way to access quality banking services and products while also making a positive impact on the community. Here are some of the top reasons to consider a credit union as your trustworthy and ethical financial institution. Great products: First, people want great financial products that fit their needs. They want capabilities that work well for their lifestyle and financial tools they can use to live their best life. Tools like mobile banking, contactless payment solutions, mobile wallet capabilities, and online applications are all features many people are looking for from a bank. The hunt for low fees and great rates – high deposit and low lending rates- also draws people to a great financial institution. Credit unions have continued to roll out all the digital tools and capabilities that serve all kinds of financial needs. They also historically offer better lending and deposit rates than commercial banks, making the credit union choice great for affordable auto loans and mortgages. Social responsibility: Second, many people care a lot about how socially responsible their financial institution is. They want to know their institution cares about people more than just making a profit. Credit unions do! They make a strong effort to participate in efforts that financially benefit their communities and focus on the social impact of their decisions. They consider their constituents' economic and environmental factors and strive to offer products and services that help underserved groups in the communities they serve. Customer service: Who wants to bank with an institution that only sees names as numbers? Being recognized and known as an individual is a key to member satisfaction. Credit unions pride themselves on customer service. Their member focus creates a communal atmosphere where every member is recognized and listened to. Members are the credit union's foundation, and time after time, many have shared how they love that they're treated like family when they walk in. Local involvement: No one knows the local community better than a credit union. It's made up of people living and working within the community, so it makes a dedicated effort to participate in local activities and events through sponsorships and engagement. Credit unions love to give back and show support to all the citizens striving to improve their local environment. It's essential for many people to know that their bank is committed to the many people living and working within the community, and credit unions do that all year round. If there are any other tips or topics, you'd like us to cover, let us know at tcupodcast@trianglecu.org. Like and follow our Making Money Personal FB and IG page and look for our sponsor, Triangle Credit Union on social media to share your thoughts. Thanks for listening to today's Money Tip Tuesday and be sure to check out our other tips and episodes on the Making Money Personal podcast. Have a great day!
Brett talks to Ankit Sisodia, Alex Burnap and Vineet Kumar about their forthcoming JMR paper “Generative Interpretable Visual Design: Using Disentanglement for Visual Conjoint Analysis.”
his is the Catch Up on 3 Things for the Indian Express and I'm Flora Swain.It's the 11th of July and here are today's headlines.The bench led by Chief Justice of India DY Chandrachud announced that the NEET UG matters will now be taken up on the 18th of July. The apex court also asked the Centre and NTA about the actions taken to identify the beneficiary students of the wrongdoing. It resumed the hearing of alleged irregularities in NEET UG 2024 today and demanded a re-test. Centre added that the data analytics done by IIT Madras shows that there is neither any indication of mass malpractice nor a localized set of candidates being benefitted leading to abnormal scores.Supreme Court judge Justice Sanjay Kumar recused from hearing pleas of AAP leader and former deputy chief minister Manish Sisodia today by which his bail petitions have been sought to be revived in the excise policy case. Another bench which Kumar is not part of will hear Sisodia's two separate pleas for reviving his bail petitions in cases filed by the Enforcement Directorate and Central Bureau of Investigation in the excise policy scam case.External Affairs Minister S Jaishankar welcomed foreign ministers of seven member countries of the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation aka BIMSTEC for a two-day retreat in Delhi. The BIMSTEC includes Sri Lanka, Bangladesh, Myanmar, Thailand, Nepal and Bhutan. There will be discussion on ways to deepen cooperation across various sectors, including security, connectivity and trade.Delhi University's Faculty of Law is planning to introduce the Manusmriti, the ancient Sanskrit text, in its undergraduate programme under the paper called Jurisprudence (Legal Method). This prompted a certain section of faculty members in the varsity to raise concern over the move. The revised syllabus document will be placed before DU's Academic Council for Academic Matters on Friday to pass its implementation in the upcoming academic session in August.The North Atlantic Treaty Organisation has voiced profound concern over China's deepening relationship with Russia and accused Beijing of becoming a "decisive enabler" of Russia's war against Ukraine through its so-called “no limits” partnership with the country. The Washington Summit Declaration stated, quote "The People's Republic of China's (PRC) stated ambitions and coercive policies continue to challenge our interests, security and values. The deepening strategic partnership between Russia and the PRC and their mutually reinforcing attempts to undercut and reshape the rules-based international order are a cause for profound concern," Unquote.This was the Catch-Up on the 3 Things by The Indian Express.
This is the Catch Up on 3 Things for the Indian Express and I'm Flora Swain.It's the 26th of June and here are today's headlines.Lok Sabha MP Om Birla was elected as Lok Sabha Speaker today by a voice vote for the second time in a row. The Opposition did not press for a division of votes and pro-tem Speaker Bhartruhari Mahtab declared Birla as elected, saying the “ayes have it”. With Birla's election, Mahtab said, the other motions to propose and second the candidature of K Suresh became infructuous. Prime Minister Narendra Modi and senior Congress leader Rahul Gandhi, who the Congress has named Leader of the Opposition in the Lok Sabha, congratulated Birla as he took charge.Delhi Chief Minister Arvind Kejriwal addressed the Court asserting that CBI sources fabricated information in the media. He clarified, quote “I have not made any statement holding Sisodia responsible. Yesterday, I made it clear that neither AAP nor Sisodia can be blamed.” Unquote. These developments follow arguments in court regarding the CBI's arrest of the AAP leader. The Supreme Court today, allowed him to withdraw his plea against the High Court's interim stay on the trial court's bail order in the ED case.A day after Nationalist Congress Party (SP) chief Sharad Pawar said that his party's doors would remain open to MLAs who had sided with Ajit Pawar, the Nationalist Congress Party (NCP) hit back today, saying that it showed the desperation of a party struggling to find leaders to contest the upcoming Assembly elections in Maharashtra. NCP spokesperson Umesh Patil told The Indian Express today, quote, “Sharad Pawar saheb's party is saddled with a handful of MLAs and he is now looking for leaders who will contest on its ticket,” Unquote.According to new data published in the Lancet Global Health, half the adult Indian population does not meet the World Health Organisation's guidelines on sufficient physical activity. More women (57 per cent) than men (42 per cent men) are physically inactive. Most alarmingly, the prevalence of insufficient physical activity among Indian adults has risen sharply from 22.3 per cent in 2000 to 49.4 per cent in 2022. This means unchecked, 60 per cent of our population would be unfit by 2030 and at risk of disease from not doing enough physical activity.WikiLeaks founder Julian Assange returned to his homeland Australia aboard a charter jet today, hours after pleading guilty to obtaining and publishing US military secrets in a deal with Justice Department prosecutors that concludes a drawn-out legal saga. The criminal case of international intrigue, which had played out for years, came to a surprise end in a most unusual setting with Assange, entering his plea in a US district court in Saipan, the capital of the Northern Mariana Islands. The American commonwealth in the Pacific is relatively close to Assange's native Australia and accommodated his desire to avoid entering the continental United States.This was the Catch-Up on the 3 Things by The Indian Express.
Menopause and the years leading up to it - perimenopause, are periods of significant change in a woman's body. Working as a physician, I've seen firsthand how these hormonal changes can affect women, especially those struggling with weight.Unfortunately, if you're in the obesity category and considering hormone replacement therapy (HRT), it's easy to feel overwhelmed by the lack of clear guidance and support. The crucial link between weight management, menopause, and HRT often gets overlooked, leaving many women at risk and unsure about their options for treatment.In this episode, I am joined by Dr. Komal Patil-Sisodia, who is triple board-certified in endocrinology, obesity medicine, and internal medicine and passionate about improving metabolic health in the community. Together, we discuss the significant physiological changes women experience during perimenopause and menopause, the benefits of HRT in improving insulin resistance and blood sugar control, and the intricate relationship between menopause, obesity, and heart health.ReferencesWhat Is Metabolic Syndrome?You Are Not Broken Podcast by Kelly Casperson MDmenopause.orgReset/Recharge Podcast with Dr. Komal Patil-SisodiaAudio Stamps01:20 - Dr. Komal shares her background in endocrinology and how obtaining her obesity medicine board certification has helped her practice.11:48 - We find out about the importance of being proactive when it comes to starting conversations around hormone replacement therapy (HRT) with a knowledgeable physician.17:48 - Dr. Rentea and Dr. Komal emphasize the importance of seeking out healthcare providers who are knowledgeable and up-to-date about HRT and menopause management, and suggest questions to ask.21:19 - We explore the benefits of HRT, such as improving insulin resistance and blood sugar control.29:00 - We learn how menopause, obesity, and heart health are interconnected and Dr. Komal recommends safer HRT options to manage these health concerns effectively.Quotes“We are complex human beings. And what we know now and what we know through research may change five years from now. It's always important to be looking at the latest data and evolving your thought patterns as you move forward.” - Dr. Patil-Sisodia“You have to fix what you can about your environment as much as possible. And then at some point, your genetics will kick in and that's no fault of your own. That is literally what is encoded in your body. And at that point, if you've done all of the lifestyle things, it's okay to ask for help.” - Dr. Patil-Sisodia“As a medical community, for a long time we haven't shown women grace and we haven't shown patients who are struggling with obesity grace.” - Dr. Patil-Sisodia“Hormone replacement therapy should be available to all women, even those who are struggling with obesity.” - Dr. Patil-SisodiaAll of the information on this podcast is for general informational purposes only. Please talk to your physician and medical team about what is right for you. No medical advice is being on this podcast. If you live in Indiana or Illinois and want to work with doctor Matthea Rentea, you can find out more on www.RenteaClinic.com
This is the Catch Up on 3 Things for the Indian Express and I'm Flora Swain.It's the 18th of April and here are today's headlines.The first phase of the Lok Sabha elections will kickstart tomorrow with voters in 102 parliamentary constituencies across 21 states slated to cast their ballot to elect the new government. The 18th Lok Sabha elections will be held in seven phases, between April 19th 19 and 4th June, involving close to 97 crore voters. The results will be declared on the 4th of June, twelve days before the term of the current House expires.The Election Commission of India informed the Supreme Court today that the manufacturer of the electronic voting machines does not know which button is going to be allotted to which political party or which machine is going to be allotted to which state or constituency. A senior official of the commission also informed the bench that the voting unit comprises a ballot unit, control unit and a VVPAT unit, which is basically a printer.Former Delhi Deputy CM Manish Sisodia's judicial custody has been extended till 26th of April 26 in the money laundering case related to the now scrapped excise policy. Sisodia had moved an interim bail application before the Rouse Avenue Court earlier citing campaigning for the upcoming Lok Sabha elections. The Enforcement Directorate had then told the apex court that it would conclude the trial in the next six to eight months. Almost six months have passed, but the charges have still not been framed against him in the now-scrapped Delhi excise policy case.A school run by a missionary congregation in Telangana was vandalised by a group of villagers of another community after some students wearing saffron-coloured religious attire were allegedly told that their parents had to seek prior permission if they wanted to come to school without wearing uniforms. The video of the subsequent vandalism by a mob of saffron-clad villagers shouting ‘Jai Sri Ram' slogans is being widely shared on social media. According to the police, the students were observing ‘Hanuman deeksha', a penance for 41 days.The Enforcement Directorate said today it has provisionally attached properties worth Rs 97.79 crore belonging to businessman and actor Shilpa Shetty's husband, Raj Kundra, under the Prevention of Money Laundering Act in the Bitcoin investment fraud case. ED's investigation revealed that Kundra received 285 Bitcoins from the mastermind and promoter of the Gain Bitcoin Ponzi Scam Amit Bhardwaj for setting up a Bitcoin mining farm in Ukraine.This was the Catch-Up on the 3 Things by The Indian Express.
Hello, and welcome to Pinkcity podcast, where we delve into matters of the heart, relationships, and everything in between. I'm Sisodia and today's episode is all about Valentine's Day – a day dedicated to love, romance, and connection. बुतपरस्त त्योहार था जो हर साल 15 फरवरी को रोम में आयोजित किया जाता था। हालांकि वेलेंटाइन डे का नाम एक शहीद ईसाई संत के साथ साझा होता है, लेकिन कुछ इतिहासकारों का मानना है कि यह छुट्टी वास्तव में लुपरकेलिया की एक शाखा है। हालाँकि, वैलेंटाइन डे के विपरीत, लुपरकेलिया एक खूनी, हिंसक और यौन रूप से आरोपित उत्सव था, जो बुरी आत्माओं और बांझपन से बचने की आशा में जानवरों की बलि, बेतरतीब मंगनी और जोड़े से भरा हुआ था। संत वैलेंटाइन के करुणा और अवज्ञा के कृत्य अंततः उनकी शहादत का कारण बने। 14 फरवरी को कैथोलिक चर्च द्वारा सेंट वेलेंटाइन डे के रूप में मान्यता दी गई, और समय के साथ, यह उस छुट्टी के रूप में विकसित हुआ जिसे हम आज जानते हैं। सह-मेजबान: वर्तमान समय में तेजी से आगे बढ़ते हुए, वेलेंटाइन डे प्यार और स्नेह का एक वैश्विक उत्सव बन गया है। हालाँकि इसकी जड़ें ईसाई परंपराओं में हैं, लेकिन अब इसे सभी संस्कृतियों और पृष्ठभूमि के लोगों ने अपना लिया है --- Send in a voice message: https://podcasters.spotify.com/pod/show/pinkcityfm/message
Acompáñame a navegar este short y descubrir lo mucho que nos enseña el libro de “Capitalismo consciente de Mackey y Sisodia” obra que nos invita a sacudir paradigmas de cómo hacer empresa diferente a través de principios que llevados a la ejecución producen resultados significativos y perdurables en el tiempo. A través de responder algunas interrogantes clave como por qué existimos, qué hacemos, quiénes somos y cómo operamos Mackey y Sisodia explican los 4 principios del capitalismo consciente:1.- Propósito más amplio.2.- Estímulo del liderazgo consciente.3.- Cultura empresarial sostenible.4.- Creación de valor para todas las partes interesadas.El impulso detrás del lanzamiento de "Conscious Capitalism" no solo fue la culminación de las experiencias individuales de Mackey y Sisodia, sino también una respuesta a la necesidad de cambiar la narrativa empresarial. Ambos autores compartían la creencia de que el capitalismo podía ser una fuerza para el bien y estaban comprometidos a mostrar cómo las empresas podían operar de manera ética y sostenible mientras seguían siendo exitosas económicamente.Navega con nosotros este set de olas cortas y descubre cómo lograr un negocio cool. Suscríbete a nuestro canal en Spotify.Sigue negocioscool en Instagram.Conecta con nosotros a través de LinkedIn.
Payman kicks off this episode by discussing why it took Ten Dental founder Nik Sisodia to sit down for a chat on Dental Leaders. But a quick look at Nik's prolific achievements explains why he hasn't found the time: As well as founding one of the capital's most successful groups of clinics, Nik has also found time to steer the BACD and BARD while carving a name as a highly sought-after implant clinician and educator. Nik tells the Ten Dental story, discusses his involvement with dental associations, and reveals why every dentist should occasionally sit down in their own chair to gaze at the ceiling. Enjoy! In This Episode 02.13 - Backstory 11.01 - Ten Dental 29.44 - Experience and a-ha moments 43.30 - The implant market 45.21 - Group structure, talent and location 55.07 - Listening and chairside manner 57.50 - Blackbox thinking 01.10.57 - Looking back 01.14.36 - Loves and hates 01.32.22 - BACD & BAAD 01.36.18 - Retirement and exiting 01.40.16 - Fantasy dinner party 01.44.53 - Last days and legacy About Nik Sisodia Nik Sisodia graduated from Bristol University in 1995 and co-founded Ten Dental alongside Martin Wanendeya. He is a prolific lecturer and mentor on implant and restorative dentistry. Nik is a Fellow of the International Congress of Oral Implantology. He is a member of the International Team for Implantology, the Association of Dental Implantology, the British Association of Aesthetic Dentistry and the British Academy of Aesthetic Dentistry. He is also a former president of the British Academy of Cosmetic Dentistry.
Film critic Rahul Desai discusses the hit Netflix series "Kohrra" with its two writers, Gunjit Chopra and Diggi Sisodia.
West Bengal panchayat polls | Voting begins for 73,000 seats, ED attaches assets worth Rs 52 cr of Sisodia, wife; AAP disputes value, Indian consulate attack US lawmakers Indian-American bodies condemn incident seek thorough probe and other top news bulletin here.
Gurmehar Kaur brings you the news from Maharashtra, Delhi, Supreme Court, and West Bank.Produced by Ashish Anand, edited by Samarendra K Dash. Hosted on Acast. See acast.com/privacy for more information.
Welcome, to episode #77 of the Arrive At Happy Show. This week's show is bursting with practical insights and strategies to transform work culture based on the latest 2023 World Happiness Summit research. Buckle up for a deep dive into the future of work and happiness. Guest Spotlight: Alberto Nobis, CEO of DHL Europe: Hear about Alberto's inspiring journey of moving from a toxic work culture and personal anxiety to a thriving environment at DHL Europe. Alberto emphasizes the power of relationships over transactions and the importance of accepting mistakes. He shares his perspective on the crucial concept that negative thoughts don't define you – a realization that propelled DHL to be awarded the Best Place to Work in Europe. The connection between Happiness, Profit, and Personal Development: DHL Europe focuses on continuous personal development. Alberto addresses skeptics questioning the place of happiness in business, pointing out the proven link between happiness and profitability. Heart-centered leadership is key – promoting kindness, respect, and care within an organization. Well-being at Work Panel Highlights: Hear insights from global industry leaders like Jen Fisher from Deloitte, among others. Learn why every organization should consider roles like Chief Happiness Officer or Chief Well-being Officer, as personal and professional lives contribute to overall well-being. Shared Responsibility of Well-being: Tia discusses how well-being is more than just a personal journey; it is a joint responsibility of organizations and employees. In the face of financial pressures, well-being must be embedded in an organization's strategy through prosperous and challenging times. Strategies to Increase Well-being: Organizations must focus on leadership training and development for well-being and happiness. Promoting sustained peak performance requires fostering high levels of well-being. Other strategies discussed include focusing on growth, fostering psychological safety, and encouraging open team communication. Dr. Raj Sisodia's Healing Organizations: Explore Dr. Sisodia's new book, "The Healing Organization," and learn how some organizations actively invest in improving people's lives. Hear heart-touching stories from organizations like AppleTree and Jaipur Rugs, who are creating a profound positive impact on their employees' lives. Empowerment through the "Dream On Policy": Learn about the remarkable "Dream On" policy, which has helped employees at AppleTree overcome personal struggles, resulting in improved employee engagement, reduced turnover, and heightened productivity. Remember, creating a happier, healthier work culture is not just about self-care but a strategic, shared responsibility that pays dividends for everyone involved. Tune in weekly as we explore topics to help you increase your happiness and happiness at work. Hit subscribe now so you never miss an episode! Are you looking for more hands-on guidance to improve happiness in your organization? Reach out to book a keynote or a team retreat, where we can dive deeper into these strategies and customize a plan for your unique needs. https://www.arriveathappy.com/
Saeeduzzaman brings you the news from Manipur, Delhi, the Delhi high court, and Russia.Produced by P Madhu Kumar, edited by Satish Kumar Hosted on Acast. See acast.com/privacy for more information.
Jeff Bezos engaged to Lauren Sanchez with a 20-carat diamond: reports, Nobel laureate's praise for PM Modi: ‘One of the most visible leaders', As Kejriwal shares video of 'cops manhandling Sisodia', Delhi Police clarify and other top news in this bulletin.
Gurmehar Kaur brings you the news from Gujarat, Delhi, Tripura and Pakistan. Hosted on Acast. See acast.com/privacy for more information.
Your loyalty towards the royal family and your motherland or your your dharma as a mother, which would you choose? The legendary story of Panna Dhai of Mewar, who sacrificed her son Chandan, to save the life of Kunwar Udai Singh the last heir to the throne of Mewar of the Sisodia dynasty. This story is told from the POV of Panna Dhai and her son on that fateful night when Banvir strides into the palace hell bent on eliminating the last person standing between him and the throne of Mewar. Link to the post on the website - https://shwetasbasket.com/for-mewar/ Email id - shweta@shwetasbasket.com FB & Instagram Messenger - @shwetasbasket Link to other podcast platforms - https://linktr.ee/shwetasbasket Geeks Room Link for New Website - https://geeks.artoonsinn.com?aff=shwetasbasket Narrator - Shweta Singh Author - Shweta Singh Link to Penmancy - Penmancy – a coven of creative characters Sound Effect & Music - Pixabay #shwetasbasket #podcasting #podcaster #podcastindia #podcastlife #shortstorypodcast #storypod #podcastshortstories #shortstory #fiction #poem #poetrycommunity #poetrypodcast #poetrypod #storytime #writer #writerscommunity #kahani #episode #storyteller #indianstoryteller #mumbai #narrator #mewar #pannadhai #chandan #kunwarudaisingh #storyofsacifice #sacrifice #chittor
Gurmehar Kaur brings you the news from Delhi, Supreme Court, Mumbai, Chennai, and Israel. Hosted on Acast. See acast.com/privacy for more information.
CBI files FIR against ex-Delhi deputy CM Manish Sisodia in illegal snooping case, Land for jobs case: Delhi HC asks Tejashwi to appear before CBI on March 25, Pakistan court postpones police operation to arrest Imran Khan and other top news in this bulletin.
Global Policy Watch: Accident Ho GayaInsights on global policy issues relevant to India— RSJI must admit there are times when I have made a big deal about writing this newsletter. Not about the content, mind you. I'm not that vain yet. But the regularity of it all. Getting about 4000 words out between the two of us every week isn't trivial stuff. But then there are weeks I ask myself if it is really a big deal. I mean, there are weeks when there's so much happening in policy, politics and macro spheres that things just write themselves. I have been in what could be called writing self-help groups where people bemoan their writer's blocks and the soul-crushing experience of staring at a blank word document with the cursor blinking. To them, I have two pieces of advice. Switch to writing on public policy. And don't bother much about quality (speaking for me here, not what Pranay produces). Voila! You get something like 50% of this newsletter.Anyway, coming back to this week. Sometime midweek, I thought it might be a good idea to write about the state of opposition in India in the light of Rahul Gandhi's Bharat Jodo Yatra and his media engagements in Oxford. There's always space for the opposition in India despite the brutal electoral majority of the party in power, as we have seen in the past. This was evident during the yatra. What is also evident now is that there's a complete lack of understanding on the part of Rahul Gandhi on issues that can animate the electorate. So, he can only hope for the party in power to hit self-destruct mode to score an electoral victory. What's worse is he has terrible ideas of his own and a tin ear for good advice. His acolytes defend him saying he's sincere. I can only say when you combine sincerity with bad ideas, you get demonetisation and instant lockdowns. Back to the point. As I was thinking of writing about this, news came in of Manish Sisodia, the deputy CM of Delhi, being taken into custody by ED for what's being called the liquor scam. Liquor policy in various Indian states is a gift that keeps giving. We love talking about it. What I also thought was admirable is the agile way the ED functions these days. Like some start-up in Koramangala. It is always hustling. These were the ideas I was toying with till a bank with a balance sheet size of US$ 200 billion (a tad smaller than HDFC Bank) collapsed in the US. And, so, served on a platter was another possible post on what could go wrong in the global economy. I'm afraid Rahul Gandhi, Sisodia, and liquor will have to wait for another day. I would like to discuss the aptly named Silicon Valley Bank (SVB) that has gone from boom to bust in less than two years.Here's what has happened since Thursday. WSJ reports:“On Wednesday SVB said it had sold a large chunk of its securities, worth $21 billion at the time of sale, at a loss of about $1.8 billion after tax. The bank's aim was to help it reset its interest earnings at today's higher yields, and provide it with the balance-sheet flexibility to meet potential outflows and still fund new lending. It also set out to raise about $2.25 billion in capital.Following that announcement on Wednesday evening, things seemed to get even worse for the bank. The share-sale announcement led the stock to crater in price, making it harder to raise capital and leading the bank to scuttle its share-sale plans, The Wall Street Journal has reported. And venture-capital firms reportedly began advising their portfolio companies to withdraw deposits from SVB.On Thursday, customers tried to withdraw $42 billion of deposits—about a quarter of the bank's total—according to a filing by California regulators. It ran out of cash.”Looks like a good old run on the bank. The regulators had to step in. Again from WSJ:“The Federal Deposit Insurance Corp. said it has taken control of the bank via a new entity it created called the Deposit Insurance National Bank of Santa Clara. All of the bank's deposits have been transferred to the new bank, the regulator said.Insured depositors will have access to their funds by Monday morning, the FDIC said. Depositors with funds exceeding insurance caps will get receivership certificates for their uninsured balances, meaning businesses with big deposits stuck at the bank are unlikely to get their money out soon.”If you've been reading me over the past month, I have made three points. One, it is foolish to assume that the Fed will pause on rate hikes anytime soon. Inflation isn't transitory in the US. And this was made clear this week when the Fed Chair, in his response to the questions from the Senate Committee on Banking, said that interest rate hikes are “likely to be higher than previously anticipated” and that because of it, the labour market is also likely to weaken in the near term. Like I have said before, it is best that markets, banks and companies plan for scenarios where the rate goes up to 7 per cent to stress test their models. This holds for India too. Two, it is inevitable that a sharp rise like what we have seen in the past nine months will mean there will be ‘accidents'. We don't know yet what their nature will be, but they will mostly emanate from private markets and the ‘new' asset groups (like crypto, VC funded business models) where bubbles have built up. Three, whatever accidents happen may not lead to a contagion. They will mostly singe private markets or those holding these new speculative assets. In a way, what has happened with SVB this week bears my thesis out. So, what happened? And what does this mean?During the pandemic, the US treasury pumped trillions of dollars to keep the economy afloat. But because of the pandemic, there was nothing to spend this money on. So, the money found its way into banks as deposits. The total deposits in US banks went up by $ 5.5 trillion, of which only about 15 per cent could be used to lend because of weak demand. So, what could Banks do? Well, like prudent entities, they parked this surplus in securities or kept it as cash. Now, when Banks buy securities, they are asked to take a call upfront on whether they plan to hold them to maturity. This decision then labels the securities as either held-to-maturity (HTM) or available-for-sale (AFS). Simply put, with an HTM security, the bank is declaring that it will hold, say, a US government 10-year bond till they mature (that is for ten years), while if it categorises another bond as AFS, it means it can sell them anytime in between. Now, from a regulatory perspective, this plays out in different ways for a bank. An AFS security gives banks flexibility to sell a security if the world changes around them, while an HTM security allows banks to weather a fall in value because they aren't marked to market (M2M). Therefore, they will remain on their balance sheet at amortised costs regardless. Banks don't have to crystallise their losses on HTM portfolio because the expectation is that on the date of maturity, they will receive the full redemption value. However, if the bank sells anything out of its HTM portfolio, it has to reclassify the entire portfolio as AFS. In 2020, US banks had about 74 per cent of their portfolio in AFS securities. As things opened up after the pandemic and inflation started taking root, interest expectations rose. A small explainer will help the lay reader here. Others can skip ahead. Bond prices are inversely related to interest rates. Suppose you bought a 1-year government bond of Rs. 100 with a coupon rate of 5 per cent. This means at the end of the tenure, the bond will fetch you Rs. 105 regardless of the bond's underlying market price. Assume the prevailing repo rate (benchmark interest rate) was 4 per cent. What this meant was you had an incentive to purchase this coupon that would give a little extra over the prevailing benchmark rate, and at the end of the year, you could redeem the bond and receive Rs.105. Because many people buy and sell government bonds, there is a market for them where they get traded. Now consider a scenario where in the middle of the year, the benchmark rate was increased to 10 per cent by the RBI. What if, for any reason, you want to sell your bond during this time? Nobody will buy your bond for Rs. 100 which is the price you bought it at. Why? Because it will fetch them only Rs. 105 (5 per cent return), while if they bought a fresh 1-year bond priced at Rs.100, they could get Rs. 110 (10 per cent return). But you're desperate for money, so the best you can do is to offer your bond at Rs. 95.50 or so. Because then whoever buys it will get Rs.105 at the end of the year and will make an equivalent 10 per cent return. So, you take a loss of Rs.4.50 (or about 4.5 per cent) by pricing your Rs.100 bond at Rs.95.50. At an aggregate level, this is what happens in the market as the interest rates go up. The price of the bond falls. And conversely, if the rates fall, the bond price goes up. So, a Bank holding securities sits on a mark-to-market loss or profit depending on whether interest rates go up or down. As interest rates rose, the US banks that were sitting pretty with mark-to-market gains on their AFS portfolio started having losses emerge. Now you could keep taking mark-to-market hits every quarter, or you can reclassify the AFS to HTM, take a one-time loss upfront and move on. Because once you make it HTM, remember, you don't have to account them as marked-to-market. And that's what has been happening for most of 2022. Banks reclassified their AFS, and their share fell from 74 per cent in securities portfolio to a little less than 50 per cent. The Case of Silicon Valley BankSilicon Valley Bank (SVB) had an interesting time during the pandemic. It has, over the years, positioned itself as the bank for the valley ecosystem of startups, VCs and angels. The boom in VC funding since 2019 meant its deposit balance tripled to about $200 billion by March 2022. What's more, a large part of it was demand deposits which don't bear interest. As we have learnt now, its cost of deposits or the interest it paid its depositors on average was about 1.2 per cent. What does a bank do if it has so much money flowing in? It has to put the money to work. But SVB's problem was there weren't too many loan takers in its customer base since it catered to the valley ecosystem flush with funds. The real and safe option it had was to put money in securities. That's exactly what it did. Around 12 months back, it had about $100 billion in HTM and another $25 billion in AFS through various securities like the US treasury bonds and mortgage-backed securities. That's when the Fed's action on interest rates started. And it was rapid. This meant the price of those securities, especially the mortgage-backed lot, fell quickly. By September 2022, the unrealised losses on the portfolio had gone up to $16 billion, while the total common equity capital was $11.8 billion. Technically, the bank was insolvent. But these losses on the HTM portfolio don't have to be recorded on the bank's books. What a Bank would do is wait for bonds to redeem, hope for interest rate hikes to pause, keep their depositors with them and see through this tough time. It was doing exactly that except for one more wrinkle. Its deposit portfolio was skewed to the fortunes of the valley. As funding dried up, the valley companies burned through their bank balances. This meant they were constantly withdrawing money. From $200 billion in March 2022, the deposits fell to $165 billion by last month. There was a serious danger of the bank not having liquidity to give depositors their money unless they restructured their balance sheet. EndgameThis is what SVB set out to do last week. They sold $21 billion of AFS at a loss of $1.8 billion to have cash available to them. And to recover this loss, they planned to raise capital by issuing fresh equity. Tough to explain but still doable. As luck would have it, the same day, a crypto bank, Silvergate Capital, announced it was insolvent for pretty much the same reason, except that SVB had real cash deposits. The depositors lost their nerve. Large VCs called for their portfolio companies to take money out of SVB. In the good old days, this would have meant going to branches and asking for your money. It would take time. Today, it is just a few clicks on the mobile app, which is aimed to give you a frictionless experience. That lack of friction meant customers tried to withdraw $42 billion - about a quarter of its total deposits - in a single day. Most of the depositors at SVB had balances of more than $250,000, which is the threshold for deposits to be insured. This meant the demand for withdrawals was real. The bank ran out of cash. The CEO came to assure depositors that they needed to have patience and the bank was liquid. I might have told you before - the moment a bank has to tell its depositors that they are liquid, they won't stay liquid any more. What could the bank have done? Its HTM book could be sold. But selling a single bond there would have meant marking the whole portfolio to market. That would have been a huge loss, and the bank didn't have the capital to absorb that. It could have borrowed funds, but that was coming at closer to 5 per cent, which was expensive. The only real thing it could have done was probably two years back. It could have diversified its depositors base, figured that its asset portfolio was too skewed to interest rate risk and reduced its balance sheet size. There are regulations on the nature of your deposits through what's called Liquidity Coverage Ratio guidelines, but SVB was deemed too small for it. It is a lesson in policy making that what's small or big is related to the broader macro context and cannot be fixed forever. This is what I meant when I said the scenarios that could unfold because of a rapid rise in rates are unknown to us. I mean, look at the percentage of unrealised losses to total equity among US banks. There are some vulnerable banks there. Is someone asking the same question in India? As I mentioned a couple of editions ago, it will be good for India to plan for a scenario where the Fed hikes the rate all the way to 7 per cent. The Fed cannot anticipate the unintended consequences of its battle to tame inflation. At some level, I guess it doesn't care as much. If there are weaker players who get sick on this ride up, so be it. The accidents are waiting to happen. We will be plain lucky if the contagion is contained to private markets because we believe the larger public markets and banks are better regulated. But you never know. Matsyanyaaya: The Indo-American DanceBig fish eating small fish = Foreign Policy in action— Pranay KotasthaneThere's been a flurry of Indo-American diplomatic activity in recent weeks. The two National Security Advisors (NSA) held the inaugural meeting of the initiative on Critical and Emerging Technology (iCET) on Jan 31. Then there was the mid-February phone call between the Indian Prime Minister and the US President. In early March, the four foreign ministers of the Quad made it a point to turn up at a Raisina Dialogue panel. Most recently, the US Commerce Secretary Gina Raimondo was in Delhi, where she held meetings with the Finance, Education, External Affairs, Defence, Commerce, Electronics & IT ministers, and the NSA. The two commerce ministries also signed an MoU on Semiconductor Supply Chain and Innovation Partnership.These are all significant shifts. Perhaps we can forgive Mr Singh's Holi dance performance, where he appeared as anatopistic as Bharat Bhushan would have felt in a Karan Johar movie. In edition #165, I analysed the India-US relationship using a tri-axis framework: state-to-state relations, state-to-people relations, and people-to-people relations. The people-to-people relationship never had a problem, to begin with, and state-to-state relations have never been better. Yet, surveys suggest that Indians continue to be circumspect of successive American governments.Perhaps for a good reason. One can't deny the US stance in the 1971 war, its continued support to Pakistan despite the latter's anti-Indian projects, and its role in the multilateral export control regimes that held back India's space and nuclear programmes. These three reasons became the foundations on which the edifice of anti-Westernophobia was constructed. Like other ideologies, instances that reaffirmed the ideology got amplified and internalised, while instances that didn't fit into the dominant narrative were discarded. For example, consider an oft-repeated argument: a closer partnership with the US would imply that “India will be dragged into its wars.” The logic is as follows. The US, as a superpower, keeps overextending itself as it's an integral part of its strategic doctrine to tackle the adversary before the threat reaches its shores. This means that partners have no choice but to fight these expensive and sometimes irrelevant wars. If they dare to strike a discordant tone, the US will use its immense power to punish them.The problem with this story is that India's own experience points out otherwise. India did face this question after the US misadventure in Iraq. By then, the relations were on an upswing. The Bush government wanted to hand over the post-war transition to a “coalition of the willing”, and India featured prominently in those plans. The Indian government considered this request at the highest levels and eventually chose not to intervene. Despite this refusal, the India-US relationship didn't face a major bump. The two countries announced an initiative called the Next Steps in Strategic Partnership (NSSP) six months later. By 2005, the two countries had enough confidence to sign the monumental civil nuclear deal. So much for the concern over dragging India into American wars. The civil nuclear deal provides another counter-point. A recent book by veteran journalist Seema Sirohi Friends with Benefits: The India-US Story, meticulously details the events and personalities involved from the American side. What struck me most was the efforts made by the Bush administration to align cognitive maps of domestic and international opponents, that too within a decade after the post-Pokhran economic sanctions had created a new low in the relationship. On the issue of getting the NSG waiver past six opposing countries, Sirohi writes:“The Americans used every weapon in their diplomatic arsenal to persuade countries. At one point Mulford suggested sending a warning to Austria that Washington was ready to tell India to cancel all Austrian Airline flights. The British and the French, who were helping the US, would corner recalcitrant European ministers at every opportunity in different locations—including in opera houses and trains—to argue for the NSG waiver. In the end, all forty-five were persuaded. Many saw India as a responsible nuclear power with the potential to play an important role in world affairs.” Now, none of this was out of benevolence. In fact, to use a construct applicable to human relations in state-to-state relations would be grossly inappropriate. To say that the US is hypocritical, unreliable, or benevolent makes no sense in an arena where national interests are supreme. Anthropomorphism in international relations is as sound as counting goals in a cricket match. Rather, what this instance illustrates is the benefit of a closer India-US relationship. Having the world's number one power on the same side can open doors that strategic autonomy can't. To be sure, there will be costs. But, given that the interests of India and the US have never before converged as they have today, India's mileage out of the relationship would likely be much higher. After all, Taiwan, Japan, South Korea, and even China gained power in no short measure due to the trade, technology, and human flows from the US. This is India's opportunity to amass national power quickly. PolicyWTF: Number Mirages This section looks at egregious public policies. Policies that make you go: WTF, Did that really happen?— Pranay KotasthaneDon't let numbers fool you. This theme has spawned a new genre of books, starting with Darrell Huff's 1954 classic How to Lie with Statistics. And yet, governments continue to insult our intelligence by using the same tropes repeatedly. What's worse is that they often succeed. So in this week's policyWTF section, let's look at some favourite number-chicanery tools used by Indian governments. One: present a current figure as a multiple of its value from almost a decade ago.Consider the news item from this week. “According to the National Statistical Office (NSO), the estimated annual per capita income at current prices for 2022-23 has doubled since the Narendra Modi-led NDA came to power in 2014-15”. Presented this way, the rise in national income sounds really, really impressive. Now pause for a moment. Using the shorthand rule of 72 suggests that a figure increasing at roughly nine per cent annually doubles in eight years. Instead of putting out the 9 per cent annual growth, the government showed you national income as a multiple of its value eight years ago. Two, present numbers at their nominal values in place of inflation-adjusted values. Another common strategy to make small increases seem bigger is to compare numbers at current prices rather than constant prices. The national per capita income story from this week uses this second trick as well. Adjusting for inflation, the incomes have only risen by 35 per cent in the last eight years, which translates to a poor 3.8 per cent annually. Instead of pointing out this abysmally low number, most news analyses went on a tangent to explain how the national per capita number is a mean value and doesn't account for the variance in incomes (duh!). Soon it became a debate over growth versus income inequality. The government went scot-free. Three, use a data point and its converse, both, to claim success. Thanks to RSJ for pointing this one out. Take a recent example. Demand collapsed at the height of the pandemic, and so did imports. That led to India showing a current account surplus for a few quarters, a rare occurrence. The government celebrated this “achievement”, downplaying the worrying cause of the surplus. When the current deficit was back when the pandemic ended, that too was celebrated as an indicator of strong domestic demand and bounce back!Four, spew out decontextualised metrics.Using absolute numbers instead of per capita numbers is an old trick in the government. Most numbers related to the government are big. If I were to tell you that the Corporate Social Responsibility (CSR) Law (aka Mandatory Philanthropy) generated Rs 21,000 crores in a year, you might be impressed. But only if I were to tell you that this is less than half the amount the Union government spends on MGNREGS alone would you ask: are the compliance costs worth the benefits of the CSR law?Five, compare budget estimates of the next financial year with budget estimates of the current financial year.When budget documents are presented in the legislature, governments have revised estimates of the current year with them. An old trick is to compare the allocation of the next year with the older budget estimate in order to paint a better picture. For instance, the press release for the defence budget this year reads, “Defence gets Rs 5.94 lakh crore in Budget 2023-24, a jump of 13% over previous year”. What's left unsaid is that the increase over the revised estimates is a mere 1 per cent, that too in nominal terms. Accounting for inflation, the government will spend much less next year than it spent in the current fiscal year. The headline is perfectly accurate and perfectly misleading, both. This list is nowhere near exhaustive yet. Are there other tricks you recollect? HomeWorkReading and listening recommendations on public policy matters* [Podcast] A Puliyabaazi on India-US relations with Seema Sirohi* [Book] A classic - FA Hayek's The Fatal Conceit* [Podcast] This Ideas of India episode is a treat for anyone interested in urban governance and planning.* [Article] Shekhar Gupta's take on India-US-Russia relations. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit publicpolicy.substack.com
Karnataka reports first H3N2 virus death, PM Modi raises with Australian PM issue of attacks on temples in Australia, Delhi excise ‘scam' case: Court sends AAP leader Manish Sisodia to ED custody till March 17 and other top news in this bulletin.
Gurmehar Kaur brings you the news from Delhi, Jammu and Kashmir, Punjab, and Nepal. Produced by P Madhu Kumar, edited by Umrav Singh. Hosted on Acast. See acast.com/privacy for more information.
Gang starts with RaGa ppt at Cambridge. Then talk Sisodia arrest. With special guest Kalim Ahmed from AltNews who talks about his work and personal challenges around working in such a high stress environment. We move to the ecosystem of nationalist influencers and white travel vlogers praising India. How is G20 being covered in India and abroad. And finally talk of our personal uncle based trauma events.
Saeeduzzaman brings you the news from Delhi, Uttar Pradesh, Bihar, Goa, and Pakistan.Produced by P Madhu Kumar, edited by Saif Ali Ekram. Hosted on Acast. See acast.com/privacy for more information.
Delhi court sends Manish Sisodia to 14-day judicial custody, CBI examines Rabri Devi in land for jobs scam case, Court reserves verdict on Imran Khan's plea and other top news in this bulletin.
CORRECTIONS: 1. Women's Premier League started on the 4th of March 2023, not on the 3rd. 2. IPL media rights were sold for 23,575 crore and 25,757.4 for Disney Star(television) and Viacom18(Digital) respectively. Welcome to Page 10! A show where our panel discusses news and current affairs and offer you a TL;DR of stories you might have read... or missed! in the Sixteenth edition of Page 10 , Abbas is joined by Meghnad, & Editor - Consumer Bureau at The Mint, Gaurav Laghate as they discuss the following stories- Manish Sisodia Arrest:https://economictimes.indiatimes.com/news/politics-and-nation/manish-sisodias-arrest-read-how-the-delhi-liquor-scam-unfolded/articleshow/98278900.cms Roald Dahl Books Edited To Remove 'Offensive' References: https://www.google.com/amp/s/www.ndtv.com/world-news/after-roald-dahl-james-bond-books-edited-to-remove-offensive-references-3815772/amp/1 Women's Premier League: https://www.firstpost.com/tag/womens-ipl Subscribe to All About Now on YouTube: https://www.youtube.com/channel/UC0sxICr-rvhR9dvBsx4uoTA Follow Abbas on Instagram: https://www.instagram.com/abbasmomin88/ Follow Meghnad on Instagram: https://www.instagram.com/meghnads/ Follow Gaurav on Twitter: https://twitter.com/gaurav_laghate New Editions every Monday! The show is available across platforms:Spotify | Apple Podcasts | Google Podcasts | JioSaavn | See omnystudio.com/listener for privacy information.
This week, host Akanksha Kumar is joined by Newslaundry's Shivnarayan Rajpurohit and Ashwine Kumar Singh. The discussion begins with Shiv's story on how foreign correspondents in India have been reeling under pressure in recent years. They struggle with threats, visas and access while the government believes they have a “bias” against India. Akanksha points out how there has been a “concerted effort on restricting reporting in Kashmir”. Later on, the discussion moves to Ashwine's report on the AAP's protest against the arrests of Manish Sisodia and Satyendar Jain, and how their resignations will impact governance in the capital. How will the party, which proclaims to be against corruption, defend itself when two of its most important ministers have been jailed on corruption changes?Tune in.Timecodes00:00:00 - Introduction00:01:35 - Foreign press in India00:23:30 - AAP protest00:42:17 - RecommendationsRecommendationsAshwineFarziShivnarayanCunk on EarthAkankshaOnce AgainHow to wrestle with gender norms and winProduced by Tehreem Roshan, recorded by Anil Kumar, and edited by Umrav Singh. Hosted on Acast. See acast.com/privacy for more information.
Manish Sisodia & Satyendar Jain resigned this week after being arrested on corruption charges. While Bhardwaj is MLA from Greater Kailash, Atishi represents Kalkaji constituency.
First, the Indian Express' Manoj CG joins us to talk about the 85th plenary meeting of the Congress where all the senior leaders came together to set the tone for the 2024 Lok Sabha polls which are just a year away. Second, the Indian Express' Parthasarathi Biswas tells us about the sudden crash in onion prices at India's largest wholesale market for onions and how it is affecting the farmers. (14:15)And in the end, we bring you the latest updates on the Manish Sisodia case. (23:45)Hosted by Rahel PhiliposeProduced and scripted by Utsa Sarmin, Rahel Philipose and Shashank BhargavaEdited and mixed by Suresh Pawar
TOI's Abhishek Dey and political columnist Radhika Ramaseshan explain the long-term implications of Manish Sisodia's arrest on the Aam Aadmi Party and opposition unity.
Warmest February in 122 years: What it means for summers in North India, Sisodia, Jain resign as ministers over arrests, ‘Z-plus security for Ambanis in India as well as abroad: SC and other top news in this bulletin.
First, Indian Express's Mallica Joshi joins us to talk about Delhi Deputy Chief Minister Manish Sisodia's arrest, and how this development will affect the Aam Aadmi party.Next, Indian Express's Tora Agarwala talks about the Meghalaya state elections, and how the TMC has emerged as a strong contender in the state (11:34).And next, we bring an update regarding the Supreme Court dismissing a petition to rename locations in the country (25:22).Hosted by Anwiti SinghWritten and produced by Anwiti Singh, Utsa Sarmin, and Shashank BhargavaEdited and mixed by Suresh Pawar
Gurmehar Kaur brings you the news from Delhi, Meghalaya, Nagaland, Tripura, Tamil Nadu, and China. Produced by Tehreem Roshan, edited by Satish Kumar. We have a new Sena project. Contribute now. Hosted on Acast. See acast.com/privacy for more information.
Manish Sisodia is facing 3 major cases - CBI case of Excise Scam, ED case of money-laundering of 100 Cr, and CBI PE of Feedback unit, on which prosecution sanction has been given. Omkar chaudhary and Dhirendra Pundir join Sanjay Dixit to discuss the details and the future of Arvind Kejriwal.
Manish Sisodia moves Supreme Court challenging his arrest, Killers of Kashmiri Pandit guard gunned down in Pulwama; Army jawan also killed, Adani to repay up to $790 million share-backed loans by March and other top news in this bulletin.
Delhi court reserves order as CBI seeks 5 day remand of Manish Sisodia, Those wearing ‘hawai chappals' should travel in ‘hawai jahaz': PM Modi, Kartik Aaryan wins first Best Actor award for Bhool Bhulaiyaa 2 and other top news in this bulletin.
Gurmehar Kaur brings you the news from Delhi, Supreme Court, Gujarat, and China.Produced by P Madhu Kumar, edited by Samarendra K Dash. Hosted on Acast. See acast.com/privacy for more information.
Will Manish Sisodia go to jail. Advocate Vijay Sardana joins Sanjay Dixit to look at the new Bhagat Singh and the AAP theatrics to decode whether Sisodia going to jail is going to give any electoral benefit in the short and long run to AAP and Kejriwal.
AAP has come a long way from India Against Corruption to Red Diary of Amanatullah and Red Label Whisky of Bhagwant Mann, and many scams of Sisodia. Sanjay Dixit traces the evolution of this species.
After the LG recommended a CBI probe, CBI registered an FIR and raided 19 locations, including Sisodia's. Today ED has raided 30 locations under PMLA. Sanjay Dixit takes a detailed look at what the scam is and its political implications.
Veronica Joseph brings you the news from Jammu and Kashmir, New Delhi, the Supreme Court, West Bengal, Manipur, and Iraq.Produced by P Madhu Kumar, edited by Saif Ali Ekram.Download the Newslaundry app. Our GDPR privacy policy was updated on August 8, 2022. Visit acast.com/privacy for more information.
In this episode of ThePrint #ToThePoint, Vir Sanghvi explains why Congress needs to decide whether it can afford to applaud the actions of ED & CBI, which are being used against it, just because it doesn't like AAP and why reassessment is key for all political parties including the BJP.
First, Indian Express' Mallica Joshi joins host Utsa Sarmin to talk about the case against Manish Sisodia and the deputy CM's reactions to it. Second, Indian Express' Sohini Ghosh informs us about the paroles and furloughs enjoyed by the convicts of the Bilkis Bano case even while they were imprisoned. Third, Indian Express' Anju Agnihotri Chaba discusses the mysterious ‘dwarfing' disease spreading in the paddy fields of India and how that is affecting the cultivation.
Tanishka Sodhi brings you the news from Delhi, Bihar, Kerala and Tripura. Our GDPR privacy policy was updated on August 8, 2022. Visit acast.com/privacy for more information.
Veronica Joseph brings you the news from New Delhi, Gujarat, Jammu and Kashmir, Telangana, and Ukraine. See acast.com/privacy for privacy and opt-out information.