oppn parties Fear, Anxiety, Uncertainty, Economic Gloom And Yes, Hope Too

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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Fear, Anxiety, Uncertainty, Economic Gloom And Yes, Hope Too

By Sunil Garodia
First publised on 2020-04-30 21:03:36

About the Author

Sunil Garodia Editor-in-Chief of indiacommentary.com. Current Affairs analyst and political commentator. Author of Cyber Scams in India, Digital Arrest, The Money Trap and The Human Hack

There might be a new normal after the pandemic subsides. But right now there is only fear, anxiety, uncertainty and economic gloom. And there is, of course, hope.

Fear that the virus has not been eradicated and, especially in India, not enough testing has been done to know its exact spread. Fear because it can strike despite all precautions. Fear because no medicine or vaccine has yet been found to counter it. Anxiety is because of the helplessness of governments across the world. Anxiety is also because of the hundreds of theories about the virus from reputed people from the medical fraternity, including a Nobel winner. Uncertainty is because no cure has appeared on the horizon even after more than 5 months have passed since the first case was probably reported in China. Uncertainty is also because the restrictions are not going to end anytime soon. Economic gloom is all-pervasive. Manufacturing facilities (barring those of essential and medical items) have shut down across the world as most countries have imposed lockdowns. People are facing job-losses, salary cuts and deferment, or cancelation, of yearly bonuses. Companies are staring at blank order books yet they have to pay fixed expenses like salaries and rents, to name just two. It is a very bleak scenario.

Yet, there is hope. Scientists across the world are burning the night lamps to discover a vaccine or medicine to kill the virus. Although everything is now being done on a trial and error basis (as it has to be done whenever a new disease surfaces), yet billions of dollars are being spent and scientists from many countries are collaborating in several projects, some piloted by the WHO. Some have come up with vaccines while others have come up with medicines. All of them are currently undergoing human trials and should be ready by September. Remdesivir is also being tested and if found effective, it will be a boon as it has been previously used for the Ebola and Marburg viruses and met with some success in controlling them. Some companies have already started manufacturing the vaccine in the hope that it will pass through the clinical and human trials. Hence, if all goes well, the world might have a cure by September. That is the only silver lining.

Meanwhile, we can only live with hope and endure the hardships the virus has brought upon the world. But in doing so, it is also our duty to do something about people who are less advantaged than us. The world is passing through dark times. The least we can do is to alleviate the pain of our fellow human beings in any manner we are capable of.