Rumi and Hafiz are for all eras

By Sumit Paul What happened in Iran is ironic when you look at rich history of the country and its liberalism. In olden days, it sheltered great Sufis and mystics and let them thrive. Once Iran was muattar , fragrant, with the universal love poetry of Rumi, Hafiz, Fariduddin Attar, Sanai, Khaqani, Nizami, Jami, Anvari,…

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Making of the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013

Property rights are often compared to right to life, as they are essential for access to basic sustenance and the meaningful exercise of other rights under Article 21 of the Constitution. Prior to the adoption of the Indian Constitution ‘property’ encompassed all types of interests a person could have, categorized into movable and immovable, corporeal and…

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Trump, Tariffs & Tumult

Uncertainty in global trade got new lease of life with US President Trump insisting on weaponzing tariffs with no signs of easing down K.A.Badarinath President Donald Trump is going bonkers. Tariffs or weapons of mass destruction, it makes no difference to him or the Republican White House that he runs. It’s with the same vigour…

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A global Uttar Pradesh is emerging. Yogi Adityanath is guiding the shift

Subnational economies do not become global investment destinations by declaration. They evolve through stages: internal consolidation, structural reinforcement, and eventually, external projection. Uttar Pradesh appears to be entering that third phase.  For much of its recent history, the state’s narrative was framed largely in political terms. Its demographic weight was undeniable, but its economic profile…

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America’s moral authority on trial

When Abraham Lincoln called the United States the “last best hope of earth,” he framed America not merely as a republic, but as a moral experiment. Its power, he implied, would derive not only from armies or markets, but from law, liberty, and the promise that no individual — however powerful — stood above justice….

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Ring-fencing the core banking business from other risks

As businesses grow in size, scale, and complexity in a buoyant economy, certain known and unknown interconnected risks from incidental activities could exacerbate risks for regulated entities (REs). Contagion risks from other business activities could affect core banking businesses. Transfers of risk from other business activities may go unnoticed, escaping scrutiny and the risk-mitigation lens. …

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Three ways of using an LLM

Large Language Models (LLMs) are the industry’s closest friends. They are our best friends, even if they are seen as disruptors, making the scene volatile. They are a learner’s paradise. With the risk of oversimplifying, in my view, LLMs can be used in three ways: 1) LLMs as foundation models, 2) Fine-tuned LLMs, and 3)…

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