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Not testing samples of girl who died of Covid-19 a mistake: Assam minister

In Delhi, a teacher of a civic body-run school, who was involved in distributing ration during the lockdown, has tested positive for the coronavirus




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Delhi Police arrests AAP MLA Prakash Jarwal in a doctor's suicide case

AAP MLA Prakash Jarwal, who was booked by the Delhi Police on the charges of extortion and abetment to suicide after a doctor allegedly committed suicide




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Vizag tragedy aftermath: NDMA issues guidelines for restarting industries

The NDMA guidelines said while restarting a unit, the first week should be considered as the trial or test run period after ensuring all safety protocols




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Zoa donates blood for COVID-19 plasmatherapy

Producer Karim Morani's daughter Zoa Morani donated her blood for plasmatherapy trials for COVID-19 treatment at Mumbai's Nair hospital today.




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Assam: 3 more test positive for covid-19; Tally surges to 59

Assam: 3 more test positive for covid-19; Tally surges to 59




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COVID-19 strengthens hill-valley bond: Titular king

COVID-19 strengthens hill-valley bond: Titular king




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COVID-19 mortality rate low, says Minister

TIRUVARUR The mortality due to COVID-19 virus infection in Tamil Nadu is 0.67%, according to Food Minister R. Kamaraj.Disclosing this at a special med




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49 more test positive for COVID-19 in central region

Most of them contracted the infection at Koyambedu market




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COVID-19 pandemic is likely to reduce investment in construction related projects : KPMG

COVID-19 pandemic is likely to reduce investment in construction related projects in the range of 13 to 30% which will have significant impact on Gros




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Set up expert panel to probegas leak, Naidu urges PM

‘Long-term impact on patients’ health needs to be assessed’




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5 more COVID hospitals in the pipeline: Minister

Minister for Medical and Health Alla Kali Krishna Srinivas on Saturday said that five more private hospitals were designated as COVID-19 hospitals in




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Naidu govt. permitted polymers to expand its unit: Kodali Nani

‘TDP president politicising the gas leak tragedy’




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State to offer ‘paid’ quarantine to those who can afford

Principal Secretary, Transport and Roads and Buildings and COVID-19 Task Force Committee chairman M. T. Krishna Babu on Saturday said 60% of the nearl




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3 from T.N. killed in accident in Chittoor

Three persons were killed on the spot when the SUV in which they were travelling skidded off the road and overturned in a rocky terrain, 300 metres aw




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Coronavirus | Delhi government reports less COVID-19 deaths than hospitals

While the Delhi government’s statement says 68 coronavirus-related deaths have occurred in the national capital till Friday, the number of such deaths in just two hospitals in the city that The Hindu accessed was 107




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Coronavirus lockdown | States should decide on exit plan, says Baghel

‘They should have been empowered to demarcate containment zones’




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Coronavirus | Kashmir Valley hospital, apple cold storage unit turn COVID-19 hotspots

Screening booths to be set up in government-run facilities; contact tracing measures strengthened




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Gujarat COVID-19 case tally jumps to 7,797 with 394 fresh cases

23 deaths pushes toll to 472; 2091 patients recover




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College educators likely to be paid 50% less




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COVID-19: Telangana sees 31 new cases, one death

Telangana reported 31 fresh COVID-19 positive cases and a death on Saturday, thus taking the total number of affected persons to 1,163 and the death t




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Garment units outside containment zones set to reopen in Karnataka

Following the formula of graded relaxation of the lockdown, the State government has allowed garment factories located outside containment zones to c




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Over 76% of COVID-19 patients in State are asymptomatic

Only way to detect such patients is to take up random tests: Jayadeva Director




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FIDE tournament to honour first World champion

Carlsen among top stars for the Steinitz memorial blitz event




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What Grid System Architecture and the Golden Ratio Do for Web Design

September 28, 2015

Good design in any discipline usually carries a structure of order and harmony. Since the Renaissance, artists and architects have used a strong understanding of proportions to create aesthetically pleasing architecture. Many of these classical design principles have followed us into modern times and can be found today in effective web design.

Take an A4 piece of paper for example. If you take it and halve it, the resulting size is A5 with the same exact proportions. No other proportion has the same properties. 16th century architect, Andrea Palladio knew this well. It is believed that because, fundamentally, most architects—like Palladio—use a similar system of proportions to plan and design spaces, buildings can look very different while remaining similar at their cores.

Structure and Beauty

It’s in human nature to...read more
By Ling Lim

             




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Pune Fire Brigade driver tests positive for COVID-19, contact tracing underway




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E-rickshaw pullers in Nagpur face financial problems amid lockdown




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Pained beyond words at loss of lives due to rail accident in Maharashtra: Amit Shah




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In 60 days, Maharashtra Covid-19 cases zoom from 2 to nearly 20K!




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Central public health team arrives in Pune to evaluate COVID-19 situation




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Maha Home Minister expresses grief over Aurangabad train accident




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Pune confirms 111 new COVID-19 cases, 9 deaths on Friday




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15 Maharashtra SRPF Jawans test positive for COVID-19 in Pune




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Major train accident averted on Urali-Loni route




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714 cops have tested positive for COVID-19 so far: Maharashtra Police




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M'rashtra Covid-19 deaths cross 775, cases surpass 20K mark




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Paradise Papers: The moral dilemmas of tax avoidance

Mohan Guruswamy

The tranche of documents uncovered recently has not only brought several stalwarts of Indian politics, cinema industry, and business tycoons under scanner but has also thrown up pertinent questions over the moral dilemmas of avoiding tax

The paradise in the Paradise Papers refers to tax havens of low or even no taxation. Such havens usually are shadowy and sleazy little countries and principalities such as the Cayman Islands, Lichtenstein and Monaco, and sometimes entities within countries like Jersey, Guernsey, Bermuda in the UK and Delaware and Puerto Rico in the USA. Then there are low taxation countries like Switzerland, Singapore and Dubai that assure secretive rich people of their privacy. 

Essentially a tax haven exists to cheat sovereign states of their lawful incomes. The Tax Justice Network campaign group estimates that corporate tax avoidance costs governments $500bn a year, while personal tax avoidance costs $200bn a year. This in effect means that anywhere between $20-30 trillion of business transactions are sheltered from taxations. Moody’s estimated that in 2016 giant American technology companies such as Google, Microsoft and Apple were hoarding about $1.84 trillion cash in offshore havens. Clearly they are avoiding tax and as bending the rules of the tax system is not illegal unlike tax evasion; they are operating within the letter, but perhaps not the spirit, of the law.

In the early 1980’s, shaken up by the number of scandals in Wall Street, and by the number of its MBA graduates who were found wanting in ethical and moral values, the Harvard Business School made a course on “Leadership and Corporate Accountability” a core requirement. I am sure Jayant Sinha, a Harvard MBA, had to do this course and would have scored a high grade in it. Such courses now are in the core curriculum of the business schools attended by the other two young politicians also named in the Paradise Papers or capers if you will. Sachin Pilot graduated from the famous Wharton School of Business and Karti Chidambaram took his business masters from Texas and a law degree from Cambridge to boot.

Doing the required ethics course is one thing but it is quite something else to be able to resolve moral dilemmas of what John Kenneth Galbraith described as the “HBS’s ethical view of capitalism which derives straight out of the Protestant ethic and its transformational view of money, in which the ability to accumulate wealth is a reflection of one’s character.”

The charge against Jayant Sinha is that while acting as an Omidyar Network representative was on the board of a California company that made a loan to that company’s Cayman subsidiary. Usually such a loan to such a subsidiary suggests a fiddle. Whether Sinha knew this or did not know it is something else? Clearly the evidence does not suggest any malfeasance. But clearly there is room for skepticism. 

Omidyar Network proclaims its belief: “Just as eBay created the opportunity for millions of people to start their own businesses, we believe market forces can be a potent driver for positive social change.” Grand words but that hardly conceals the true goal that is to make bucks, sometimes fast ones too.  Again as Galbraith put it: “The modern conservative is engaged in one of man’s oldest exercises in moral philosophy; that is, the search for a superior moral justification for selfishness.”

Jayant, then fresh out of one of the IIT’s, worked with me way back in the mid 1980’s on a paper that proposed the mass construction of smokeless challahs for rural homes as a profitable employment for hundreds of thousands of rural workers. I remember it as a bit of an elaborate scheme that also computed the savings due to improved health results. It was published in this newspaper and the then Prime Minister Rajiv Gandhi took note of it. I was impressed enough to write a recommendation when he applied for a Masters in Energy Management at Pennsylvania. 

I next met him when I was serving as his fathers Advisor in the Finance Ministry. Jayant and his wife were both working with foreign companies investing in Indian stocks. He was apprehensive about a proposal made by me to disinvest PSU stocks by selling them to the governments banks for onward restructure and disinvestment. The minister had clearly spoken to him. At that time too I wondered if the HBS’s core business ethics course would have seen conflict of interest issues in it? The minister however had plenty of flex in him.

To my mind tax avoidance is just as reprehensible as tax evasion. Sinha was too junior in the Finance Ministry to have expressed views on this. It would have been unlikely though for that is not the HBS way. The previous Finance Minister, himself a Harvard MBA, would not have any left footprints for young Sinha to tread on. Neither would the present lawyer Finance Minister. 

 

Lead Image: 




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Karnataka's Covid-19 count reaches 794

With 41 new cases of Covid-19 reported on Saturday, the total number of positive cases in Karnataka has reached 794, said the state health department.




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Govt to decide on working hours & wage arrears

The Karnataka government said it'll work with industry associations and workers' unions to arrive at amicable solutions on the number of working hours and wage arrears in the current scenario.




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Only 2% of Covid-19 beds occupied in Karnataka

Karnataka’s efforts to slow the spread of coronavirus have ensured that healthcare systems are not overwhelmed with cases. This is evident from the low bed occupancy in dedicated Covid-19 hospitals. Ninety-eight per cent of the beds earmarked for coronavirus patients across the state are vacant.




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Volunteers reach out to residents in containment zone

A week ago, two blocks — R29 and R30 — of a Tamil Nadu Housing Board apartment complex in Kotturpuram was declared a containment zone by the Greater C




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HC sets aside order on IT employee’s suspension

Labour Court had directed firm to pay all allowances as he ‘was not given opportunity to defend himself’




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Builders look at design interventions in a world with COVID-19

No-touch systems, infrastructure to work from home are some of the changes




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A COVID-19 social exercise that seems to have got it right on three counts

It is a case of trying to understand the society around us through experiential knowledge transfer




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COVID positive woman’s baby tests negative

The two-day old baby boy born to a COVID-19 positive patient at Gandhi Hospital, tested negative on Saturday. Both the mother and child are admitted t




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Aid to poor through post offices from Monday

Special CorrespondentHyderabad




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First-generation shaped gel reactors based on photo-patterned hybrid hydrogels

React. Chem. Eng., 2020, Advance Article
DOI: 10.1039/D0RE00109K, Paper
Open Access
  This article is licensed under a Creative Commons Attribution 3.0 Unported Licence.
Phillip R. A. Chivers, Jamie A. Kelly, Max J. S. Hill, David K. Smith
This paper reports the development of first-generation photo-patterned ring-shaped gel reactors that catalyse the hydrolysis of para-nitrophenol phosphate using a phosphatase enzyme.
To cite this article before page numbers are assigned, use the DOI form of citation above.
The content of this RSS Feed (c) The Royal Society of Chemistry




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Mazda Motor seeks $2.8 billion in loans to ride out pandemic: Source

Mazda Motor seeks $2.8 billion in loans to ride out pandemic: Source




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Meet Bengaluru’s Covid warrior mothers, who are leading the fight against the pandemic

Meet Bengaluru’s Covid warrior mothers, who are leading the fight against the pandemic




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The Warrior Moms: Meet the mothers leading the battle against COVID19

The Warrior Moms: Meet the mothers leading the battle against COVID19




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Shriya Saran urges fans to help small businesses during the COVID-19 crisis

Shriya Saran urges fans to help small businesses during the COVID-19 crisis