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Firms show increase in profits even as sales fall -Vineet Sachdev

-Hindustan Times The average PE (price earnings) multiple of Sensex companies , which measures the price of a stock as a multiple of its earnings per share, has risen to 31.49 in the current month, the highest since 1998-99 . The BSE Sensex, India’s benchmark stock market index, reached an all-time high of 44,825 on Wednesday, November 25. There is reason to believe that speculation and external tailwinds, rather than strong fundamentals,...

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Do We Really Know Why COVID-19 Spikes In Some Places? -Rukmini S

-IndiaSpend.com Chennai: About 10 months, nine million cases and over 130,000 deaths later, India does not yet know enough about why the SARS-CoV-2 virus that causes COVID-19 affected whom it did, and how it did that. There is wide variation in the spread of COVID-19 between states. Areas with higher population density are expected to have more cases, but varying testing rates could be affecting case detection. While the elderly and those...

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Hurry! Applications for the 1st round of NFI Fellowships for Independent Journalists are now open till December 15th, 2020

The COVID-19 pandemic continues to have multiple impacts on our lives. Existing challenges have been exacerbated and new ones have emerged. Across the country, individuals, communities, businesses and governments are responding differently. Covid has claimed many casualties. Good reportage need not be one of them. The pandemic and the consequent economic slowdown have also taken its toll on good journalism. At this moment, we need good journalism to be stronger than...

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Tech Platforms Feel the Heat -CP Chandrasekhar

-NetworkIdeas.org In a move that was expected, the US Justice Department has filed an anti-trust lawsuit against internet search giant Google, alleging that it resorts to anti-competitive practices to ensure its dominance in the search engine space and, through that, over the related online advertising revenues. As a leading example the case cites the successful effort to exclude the competition through a deal, in place since 2005, in which Google pays...

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NDA won in Bihar by reminding people of ‘Jungle Raj’. But data shows it’s a myth -Rakesh Chandra

-ThePrint.in No matter what Nitish Kumar or BJP says, analysis of crime data of Bihar reveals the truth about Lalu Prasad-era ‘Jungle Raj’. The Narendra Modi-led National Democratic Alliance, armed with its electoral catchphrase, “Jungle Raj ka Yuvraj”, hit the opposition led by Tejashwi Yadav where it hurts the most. The Bihar election results hint that the narratives of the ‘Jungle Raj’ succeeded in forcing people to recall the politics and governance...

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