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News Snippets

  • Allahabad HC said that the UP Police is acting as law unto themselves as they detained a person unlawfully even before his arrest
  • Kolkata witnesses traffic snarls on the first day of the Durga Puja festival as revellers start pnadal-hopping
  • Neha Bora was subsequently released and Dipke is to appear before a magistrate today at noon
  • Delhi Police detained Cockroach Janta Party founder Abhijeet Dipke, Neha Bora of AISA, student leaders and supporters ahead of a rally in Connaught Place demanding Chief Election Commissioner Gyanesh Kumar's resignation. The protest followed the detention and jailing of two CJP leaders earlier in the week over demonstrations at Jantar Mantar
  • The Reserve Bank of India is considering further monetary tightening to counter capital outflows and increase the cost of betting against the rupee, according to bankers and analysts cited by Reuters. The measures follow recent rate increases and steps to drain liquidity as pressure on the currency and inflation concerns persist
  • India directed oil marketing companies to stop diverting sugar-based feedstocks for ethanol production in the 2026–27 supply year, according to a new tender issued on Friday. The companies have invited bids for 11 billion litres of ethanol made from alternatives including corn and broken rice, amid concerns about domestic sugar supplies and prices
  • Finance Minister Nirmala Sitharaman said India's trade imbalance with China was growing sharply and attributed the problem partly to restrictions on Indian goods and services entering the Chinese market. China subsequently said it was ready to work with India to address mutual economic and trade concerns; India's trade deficit with China reached $69 billion in the first half of FY2026–27, up 27% year-on-year
  • Indian equity benchmarks extended their recovery on Friday, with the Sensex rising 413.66 points to close at 74,729.27 and the Nifty 50 gaining 148.80 points to settle at 23,146.15. Information technology shares, including Tech Mahindra, Infosys and TCS, helped lift the indices
  • India defeated Zimbabwe by four wickets in the opening women's T20 International in Raipur, taking a 1–0 lead in the three-match series. Deepti Sharma and Niki Prasad combined in an 82-run stand after India's top order collapsed, helping the hosts chase down Zimbabwe's total of 114 for five
  • Indian wrestler Komal won bronze in the women's 59 kg category at the Under-23 World Wrestling Championships in Las Vegas, defeating Kazakhstan's Viktoriia Khusainova 7–2. Fellow Indian Amruta Pujari advanced to the women's 72 kg final after recording two pinfall victories
  • Indian shuttler Jagsher Singh Khangurra secured a bronze medal at the BWF World Junior Badminton Championships in Cairo
  • The Supreme Court of India upheld the Bombay High Court's decision quashing the 2020 write-off of ₹8,415 crore in additional tier-1 bonds issued by Yes Bank (Yes Bank). The court ruled that the bank's administrator lacked the authority to extinguish the bonds under the final reconstruction scheme, strengthening bondholders' claims
  • The Supreme Court issued notices to the Election Commission of India, Delhi Police and opposition leaders, including Rahul Gandhi and Akhilesh Yadav, in separate petitions concerning electoral-roll revision and protests held in Delhi on October 10–12. The court also directed the preservation of CCTV footage linked to allegations of police excesses
  • The Supreme Court ruled that a person converting from Hinduism to Islam cannot automatically claim backward-class reservation benefits in the new religious community solely on the basis of their previous caste status. The judgment upheld the Madras High Court's decision striking down a 2024 Tamil Nadu government order that permitted such certification for specified communities
  • The Election Commission of India ordered a Special Summary Revision of electoral rolls in 14 states and three Union Territories, using January 1, 2027, as the qualifying date for voter eligibility. The draft rolls are scheduled for publication on November 12, claims and objections will be accepted until December 11, and the final rolls are due on January 4, 2027
Delhi HC refuses to ban CJP's Tiranga rally at Central Park in Connaught Place today /////// Police says will control and regulate it /////// NDMC closes the park for the public on Friday and Saturday
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2021 Will Be Much Better

By admin
First publised on 2021-01-01 03:35:28

About the Author

Sunil Garodia By our team of in-house writers.

One of the most depressing and scary years in recent times has gone. 2020 was everything no one wants a year to be. The virus that came out of the (Chinese?) woodwork in end-2019 and started spreading like wildfire from the beginning of 2020 changed life as we knew it. Despite optimists finding ways of remaining happy in the changed situation, it was obvious that 2020 was annus horribilis.

But now that it is gone, can people hope for a much better year in 2021? Yes. Any other answer would be like being the eternal pessimist.

Let us start with the health scare that kept everyone on the tenterhooks and indoors for most part of the year that has gone by. Several vaccine candidates are set to roll out, most of them in January itself. The Indian government has set the mechanism in place and there is an army of nearly 1 lakh medical professionals ready to vaccinate the population. Covid medicines and therapies are also on the anvil and we will win the war against the virus however much it mutates.

On the economic front, the recovery is well and truly happening and the buzz is returning. The farm dispute is also likely to be resolved soon. There is immense liquidity in the financial system and interest rates are low. Once demand picks up, production will rise and so will demand for credit. Government revenues will also rise in tandem. There are reports that the government will present a reformist budget that will take care of investments. It is hoped that by the second quarter of FY2021-22, things will become normal.

On the political front, the Bengal elections are going to be bloody and the love jihad laws are likely to end up in courts. The NRC and CAA issues will once again occupy the minds of the people. The government will have to show it really means sabka saath sabka vikas by making its policies inclusive. The Prime Minister has spoken extensively last year (especially on the 100th year celebration of AMU) about how every community has contributed to India being what it is today. One hopes his government and the party will consider that when new policies are announced or new laws are made.

Sports, education and hospitality were the sectors that suffered immensely in 2020. While sports had a small beginning with limited public attendance with players in bio-bubbles, school are still conducting online classes and hotels and resorts are just about coming to terms with the changed situation. It is hoped that with the vaccine roll out, it will be safer for schools to resume regular classes as the forced period of 'detention' at home has taken a huge toll on the physical and mental health of children.

We at India Commentary strongly believe that from April onwards, 2021 is likely to turn out to be one of the better years for humankind in all spheres. Let's raise a toast to that.

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