In Focus by The Hindu

Justice Ranjan Gogoi, who retired four months ago as Chief Justice of India, was nominated to the Rajya Sabha on March 16. The nomination, coming so soon after his retirement is bound to raise questions of a quid pro quo and there will be a scanner now on judgments that he delivered and administrative actions that he took that favoured the government. In this episode, we discuss two notable instances of jurists being appointed to Parliament — both controversial instances — and what various people have said over the years about judges accepting post retirement postings.Guest: K Venkataramanan, Associate Editor, The HinduWrite to us with comments or feedback at socmed4@thehindu.co.in Learn more about your ad choices. Visit megaphone.fm/adchoices

Last week, the Supreme Court of India set aside a two-year ban that the RBI had imposed on cryptocurrency trading in India through a circular issued in 2018. The apex court found that circular to be too prohibitive. So, for now the ban on cryptocurrency has been lifted though it’s not the end of the story.The RBI will appeal the decision and the Central government also just has to legislate around the court order and impose a ban again. In this episode we look at the reservations the government and the RBI have toward cryptocurrencies, the various regulatory issues associated with cryptocurrency and how such a system of transactions might work in India.Interview by G. Sampath, Social Affairs Editor, The HinduGuest: Srikanth, Digital payments expert (@logic on Twitter)Write to us with comments or feedback at socmed4@thehindu.co.in Learn more about your ad choices. Visit megaphone.fm/adchoices

As the spread of the coronavirus dominates headlines around the world our weekly international affairs round up from an Indian perspective tackles the issue form three angles. We discuss the progress made by China and South Korea, cited by the WHO, in containing the outbreak and the measures they took, look at the crash of global markets and how financial institutions reacted, and get a brief regional update from Sri Lanka and the Maldives.Guests: James Chau, World Health Organisation Goodwill Ambassador and host of the China CurrentRaghuvir Srinivasan, Business Editor, The Hindu Meera Srinivasan, Sri Lanka Correspondent, The HinduWrite to us with comments and feedback at socmed4@thehindu.co.in Learn more about your ad choices. Visit megaphone.fm/adchoices

Crude oil prices have fallen to record lows as Saudi Arabia launched a coronavirus-sparked price war with Russia. Saudi Arabia slashed prices after Russia refused to go along with OPEC’s proposal to rescue the oil market, which has been on a decline due to coronavirus-related fears and restraints on economic activity. That may have been the initial spark but Saudi Arabia’s stand-off with Russia is motivated by a larger geopolitical play and Russia in turn has one eye on shorting oil production in the U.S.In this episode, we discuss the various dimensions to the story with two of our top experts.Guests: Atul Aneja, Strategic Affairs Editor, The Hindu; Stanly Johny, International Affairs Editor, The HinduWrite to us with comments or feedback at socmed4@thehindu.co.inAlso read: Analysis: Coronavirus pits Russia, Saudi Arabia and the U.S. — world’s top energy producers — in a destructive price war Learn more about your ad choices. Visit megaphone.fm/adchoices

Senior Madhya Pradesh Congress leader Jyotiraditya Scindia dramatically quit the party this morning after a meeting with Prime Minister Narendra Modi and Home Minister Amit Shah. He will now join the BJP and be given a Rajya Sabha ticket. Scindia’s disaffection with the Congress party goes back a year and more, with growing differences over not getting his due after the Congress gained power in Madhya Pradesh in 2018. In this episode we trace the roots of that discontent and where his exit now leaves a party gripped by an internal power struggle.Guest: Varghese George, Associate Editor, The HinduWrite to us with feedback and suggestions at socmed4@thehindu.co.inAlso read:https://www.thehindu.com/news/national/analysis-jyotiraditya-scindia-revolt-a-likely-turning-point-in-tussle-within-congress/article31030345.ece?homepage=truehttps://www.thehindu.com/opinion/op-ed/turning-younger-and-dynamic/article31017160.ece Learn more about your ad choices. Visit megaphone.fm/adchoices

The Nifty and Sensex lost all gains made over 2019, as the bourses witnessed an absolute bloodbath today. The Sensex dropped by over 2,000 and the Nifty, by over 500 points, as both suffered their biggest one-day fall in history. All told, some ₹5 trillion of investor wealth was lost. Aside from the massive global sell off amid fears that the coronavirus could cause an economic slowdown, the other factors to consider is the astounding drop in crude oil prices as Saudi Arabia has started a price war with Russia and continuing investor concern over the state of India's banking industry, exemplified by the Yes Bank crisis. How do all these factors combine to explain the stock market crisis today?Write to us with comments or feedback at socmed4@thehindu.co.in.Guest: K Bharat Kumar, Deputy Business Editor, The HinduAlso read: https://www.thehindu.com/business/markets/market-mayhem-sensex-nifty-log-steepest-ever-one-day-fall-on-recession-fears/article31024213.ece Learn more about your ad choices. Visit megaphone.fm/adchoices

On March 6, Dr. Manmohan Singh, India’s former Prime Minister, wrote an Op-Ed piece for The Hindu in which he noted that India had become majoritarian state in economic despair. “No amount of tweaking of tax rates, showering of corporate incentives or goading will propel Indian or foreign businesses to invest, when the risk of eruption of sudden violence in one’s neighbourhood looms large,” he wrote in one of the article’s most striking passages. We build on that argument in this episode of In Focus and explore the link between social harmony and development from a political economy perspective.Guest: Irfan Nooruddin: Director of the South Asia Centre of the Atlantic Council and professor, Georgetown UniversityWrite to us with comments or feedback at socmed4@thehindu.co.in.Also read: India has slid to being a majoritarian state in economic despair, writes Manmohan Singh Learn more about your ad choices. Visit megaphone.fm/adchoices

The first of what we hope is a regular feature, this episode is an analysis of two major international stories from an Indian perspective. We discuss the impact on India of the manufacturing slowdown in China. And looking elsewhere to the Democratic Primary race, what may be the policies of the two remaining candidates, Berne Sanders or Joe Biden toward India if they manage the formidable feat of beating Donald Trump in November.Guests: Ananth Krishnan, former China correspondent, The Hindu; Narayan Lakshman, Associate Editor and former U.S.Correspondent,Write to us with comments or feedback at socmed4@thehindu.co.in. Learn more about your ad choices. Visit megaphone.fm/adchoices

The Office of the United Nations High Commissioner for Human rights took the unprecedented step of filing an intervention application in the Supreme against India’s amended citizenship law on March 3. The move marked a high point in what is now a growing international concern, and condemnation, of domestic events in India. How can the government engage with global leaders to ease their concerns. And what are the particular challenges now in our neighbourhood?Guest: Suhasini Haidar, Diplomatic Affairs Editor and National Editor, The Hindu Learn more about your ad choices. Visit megaphone.fm/adchoices

The peace deal signed on February 29 between the United States and the Taliban is expected to result in U.S. troops leaving Afghanistan in 14 months, fulfilling U.S. president Donald Trump’s much-vaunted campaign promise of bringing American troops home. The war that seemed never-ending may be coming to a close, but at what cost? In this episode, we analyse how the peace deal strengthens the Taliban’s hand, is a strategic victory for Pakistan, and why Indian has cause for concern.Guest: Stanly Johny, International Affairs Editor, The HinduAlso Read: A big, bad deal: On U.S.-Taliban agreement Learn more about your ad choices. Visit megaphone.fm/adchoices