Who killed Nurullah Sharif?
Apropos of the report “No one was driving Salman Khan’s car” (FE, December 11), now that a clean chit has been handed to the Bollywood actor by the Bombay High Court, two questions arise. First, is the judge of the lower court responsible for wrongly convicting Khan? If so, there has to be some remedial mechanism for this that involves the judge taking classes to understand what the “correct” delivery of justice means. Once that is sorted, we should get on to the second: Who killed and injured the people sleeping on the footpath that night?
Fight climate change
If we Indians are genuinely interested in the global fight against climate change, we all must stop wasting electricity at once and also inspire the most number of other people to do so. Similarly, there should also be a blanket ban on burning garbage in any public place, including the premises of the housing societies, hospitals, schools, colleges, factories, small or big open grounds, etc, with immediate effect. Such a ban is already in existence in Delhi. There are many such more different steps which we can adopt, implement and spread widely and fast to fight climate change. We must protect the ozone layer around our planet, Earth, on a war-footing.
Worthy of emulation
There can be no second opinion that prime minister Narendra Modi’s gesture of offering a glass of water to AAP MP Bhagwant Mann to wet his parched throat after incessant sloganeering against the CBI raid on ‘Delhi CM Arvind Kejriwal’s office’ deserves appreciation. While Modi has earned a few brownie points over his very humane concern, it is also true that the glass of water Modi offered has turned into an elixir to Mann to continue with his diatribe against the NDA government more vociferously, with added vigour, thereafter. Of course, after the beneficiary sending a smile of gratitude to the man who helped him cool his parched throat. This episode is worthy of emulation by all politicians, particularly, the Tamil Nadu politicians who never see eye to eye with each other!
US Fed hikes rates
The US Federal Reserve has now announced a historic rate hike, of 25 bps, thereby signaling literally the end of the accommodative monetary policy followed since the 2008 Recession, by citing economic recovery. This rate hike is the first in the last 7 years or so after the US economy plunged into major financial turmoil in 2008. The US Fed has also concluded that possible future rate hikes will be gradual and in tune with the pace of economic recovery. It may be recalled that RBI had—on December 1, while maintaining a status quo in the key policy rates—announced in the mid-term review of its credit and monetary policy that the decision of the US Fed would be keenly watched and also be factored in as it will have implications across the globe, including in India. How Mint Street in India’s commercial capital will now react to this development in the next monetary review will be keenly watched, though it has been maintaining that India’s fundamentals are relatively stronger than the other EMEs and that the country is better equipped to deal with the situation.
Srinivasan Umashankar, Nagpur
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