EDITORIAL.

                                                                        BJP'S CRISIS.

The patriarch of BJP  Mr.L.K.Advani' s resignation from all the posts in BJP  
is of course a serious concern within the party.The differences within the party 
is part of internal democracy of the party. Maybe, the differences which were
there are now come to surface.This happens in every political party.I remember 
in 1969,the Congress party faced the similar situation when Mr. Neelam Sanjiva
Reddy was to be nominated as Candidate for President's post from the Congress. Mr.Nijalingappa was the Congress President.Mrs.Indira Gandhi was 
the Prime Minister then and she felt she was not consulted.The Congress divided
in the AICC session held in Lal Bagh in Bangalore and Two Congresses emerged,
i.e.Congress(O) & Congress (R).,Organisation & Ruling.The symbol of  the
Congress then was Cow & Calf and later Congress became Congress(I).Many people 
left congress party formed their own Congress like Late Mr. Jagjivan Ram forming
Congress for Democracy,Mr.H.N.Bahaguna  forming his own party,Mr.Sharad Pawar
& Mr.Sangma forming the NCP.Earlier,in 1967,Mr. Charan Singh also left the
Congress party.Mr.G.K.Moopanar & Mr.Chidambaram,present Finance Minister left  Congress & started Tamil Manila Congress. Ms.Mamata Banerjee left Congress  & started TMC.  After all this churning in the Congress party,the Congress party has 
emerged Stronger.This type of churning took place even in Communist party which 
is a strong cadre based party.Hence, what is happening in BJP is a big churning 
and what emerges after this may be good for the country as it happened to the 
Congress party.Let us wait and watch.

EDITORIAL

                                                  INDIA REQUIRES TOUGH,PERFORMING,AGGRESSIVE 
                                                                                          LEADER.

What is the state of economy?.Rupee has become weak and no signs of becoming
strong for sometime.Petrol  &,diesel  to become more expensive,vegetable,oil &
cereals beyond the reach of common man.The GDP growth is 5% that means we
have gone back to 90's era.Somebody should be accountable for this downfall.The Prime Minister Who is a renowned economist must address the nation about the 
state of Indian economy and what steps his government will take to bring back the 
economy on the track ?. If he does not take the people of India into confidence, who will?. Will he do it?.

BANKING SECRECY.

SWISS GROUP MOVES TO DEFEND BANKING SECRECY.

A group of right wing Swiss politicians  launched a campaign to defend the country's
banking secrecy,which has come under international pressure amidst the fight
against tax evasion.The campaign coalition  officially launched a drive to collect
signatures on putting the issue to referendum, another corner stone of the Alpine
country's system.Under the banner" yes to protecting Privacy",the coalition said,
the banking secrecy must be anchored in the Swiss constitution.

Source: Global Financial Integrity/  Business Times Singapore.

N.R.NARAYANA MURTHY RETURNS TO INFOSYS AS EXECUTIVE CHAIRMAN-STARTING HIS SECOND INNINGS.

Mr.Narayana Murthy has been appointed as Executive Chairman and additional Director on the Board of Infosys from June,1,2013.

Mr.Murthy's appointment as Director would be placed for approval of the shareholders at the annual general meeting to be held on June,15,2013. His son Mr.Rohan Murthy will be part of his  team as executive assistant .Mr.K.V.Kamath,veteran banker will continue as Director on the board of Infosys.

FARMER CARRYING CUCUMBERS TO MARKET

Courtesy:Rediff.Com

THE RISING COST OF LIVING HAS BEGUN TO CAUSE MARITAL
DISHARMONY IN THE CAPITAL OBSERVES DELHI HIGH COURT
WHILE HEARING A CASE OF MATRIMONIAL DISPUTE.
Source:Yahoo News.

INDIAN SOFTWARE INDUSTRY TO SHOW STRONG REVENUE 
GROWTH- SAYS PRICEWATERHOUSE COOPERS (PWC).

The India Software Industry is poised for a strong revenue growth driven by
social media,mobility,analytics and cloud,says a report published by PWC.

According to NASSCOM,the revenues from the software product segment
currently stands at $2.2 billion and is expected to reach $10 billion by 2020.

Source: Yahoo news & IANS. 

INDIAN AMERICAN SRIKANTH SRINIVASAN APPOINTED AS JUDGE TO AMERICA'S SECOND HIGHEST COURT.

Source:Rediff.com.

EDITORIAL.

                                                                 IS CRICKET A SPORT?

The latest happenings in cricket has created  serious doubt among the followers 
of the game -whether cricket is really a sport?.

BCCI, controlling body of the game of Cricket in India is the richest sports Body in
the world. But they donot come under RTI (Right To Information Act) and donot wish
to adopt the National Sports Code. Every sportsperson in the world  come under 
WADA (World Anti Doping Agency) and its whereabouts clause,but the cricketers 
in our country donot wish to come under WADA. Is it good for the growth of the   
game?.The present day cricketers are more commercial and some are even more greedy.

As a true lover of the game,I wish, the present day cricketers play the game for the 
passion than for the money.Though IPL is a good brand in terms of the money it 
generates for BCCI,little thought should be given for the damage it has created for 
the game of cricket.

 

THIS CARTOON HAS A MESSAGE.

SWISS BANKERS DROP OPPOSITION TO INFORMATION EXCHANGE.

The Swiss bankers Association has dropped outright rejection of the exchange of
bank client data  with foreign tax authorities,its head was quoted saying on Monday. 

Swiss bank secrecy has come under heavy fire from the United States,France and
Germany since the financial crisis.Switzerland agreed in 2009 to share more information with foreign  authorities on request,but it has consistently rejected an automatic exchange of data.

The Group of 20 advanced and emerging economies endorsed automatic exchange 
of tax data among nations last month,calling it the expected new standard  how 
governments can help each other fight cross border tax cheating.

Source; Reuters & Global Financial Integrity.

EDITORIAL.

                                                               LACK OF MORALITY IN POLITICS.

The Indian politics today has come to such low level,I am afraid where we will go 
from here.Supreme Court wanted CBI,the premier investigating agency of the
country to send their report to them on the alleged Coal Scam .That means the CBI 
should make independent inquiry and send their report to Supreme Court in a sealed cover. 
Instead, they were summoned by the Law Minister in the pretext of correcting the  
grammar made significant changes to the report.Apart from the Country's Law 
minister,the officials of Coal ministry & PMO were also there. Is it proper? Does  this act does not  amount to contempt of Court?.

The Attorney General and the Additional Solicitor General earlier told the court that they have not seen or shared  the status report with any political executive. Later it 
was known to be otherwise.The question arises why they, being top law officers in  the country act like this ?.


The Law Minister should not wait till the supreme Court passes strictures against 
CBI for showing the report and allowing changes to be made.The Law Minister 
should also not take shelter saying the top court pulled up only CBI and not him..
He is holding a high Law office in the country and should be a role model for future generation to follow.