Columnist-M.S.Shanker

Nitish: Time to Restrain

Bihar Chief Minister Nitish Kumar is once again in the news—but regrettably, not for his governance credentials or administrative record. Instead, a recent public interaction has triggered an avoidable controversy after he was seen adjusting, or pulling down, a minority woman’s hijab while handing over an employment certificate under his government’s job guarantee promise. The…

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When a Currency Becomes a Mirror

A falling currency is never merely a number flickering on a trading screen. It is a mirror — reflecting confidence and caution, global power shifts and domestic discipline, history replaying itself in quieter, more sophisticated forms. The Indian rupee’s gradual decline against the US dollar has triggered anxiety, political rhetoric, and headline alarmism. Yet beneath…

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Columnist-BG-Srinivas

Japan: The Hinge of Global Liquidity

For decades, Japan has quietly anchored the global financial system as its largest marginal provider of liquidity. The Bank of Japan (BOJ), through its Yield Curve Control (YCC) regime, has suppressed long-term bond yields, artificially lowering borrowing costs worldwide and subsidising duration risk across asset classes. This imported stability has inflated risk assets—from US Treasuries…

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