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Will Sensex Make New History In June?
Covid-19 has been affecting the global economy for about 15 months now, yet global markets seem to be doing well. Dow Jones is at a lifetime high and the Indian markets too have been doing reasonably well. The BSE SENSEX is a mere 600 points shy of its lifetime high of 51,259 points made on February 16, while NIFTY is 234 points away from the level of 15,431 points. In India, companies have learnt how costs can be controlled. Travel and travel related expenses have come down significantly. FMCG and consumer companies have also adopted WFH with unbelievable savings and performance. The bulls have complete control of the markets and there are many factors which support them: 1) The FIIs or FPIs continue to invest in India; 2) the second wave appears to have been arrested in a major way and the infrastructure has improved significantly in the intervening period; 3) the monsoon forecast is positive; 4) inflation is under control and interest rates are quite soft; 5) there is enough liquidity in the system in India to spur growth. There is a talk of a third Covid wave happening and hopefully we would be well prepared for the same. The fact that there is a huge trust deficit about China post the pandemic, more and more companies globally are putting in place a policy of China plus one supplier. India is an automatic choice for the one spot and we are seeing traction on this front. Considering all these factors, it becomes almost a certainty that the stock markets would see a new lifetime high in the month of June 2021. That would give us another six months before the calendar year ends and the possibility that markets moving another 5-7% looks distinctly possible.
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BCCI On An Overdrive To Deal With Unfinished IPL-14 Business
Several reasons have been bandied about the England and Wales Cricket Board (ECB) being loath to rework the five-Test series and enable the BCCI to fit in the interrupted IPL-14, and make good the balance revenue of Rs 2,500 crore. A view that’s going around is that the five Test matches have been sold out and the home broadcaster is in all preparedness as per the itinerary charted in the Future Tour Programme (FTP) agreed by the two cricket boards. According to a BCCI official who in the past has been part of informal conversations on scheduling matters, England’s Professional Cricketers Association (PCA), which is a member of Federation of International Cricketers Association (FICA), would not have liked any force to disrupt the original schedule. The series against India starts at Trent Bridge on August 4, the second Test at Lord’s on August 12, with a gap of three days, and the third Test at Leeds on August 25, with an extended gap of eight days. The fourth and fifth Test matches at The Oval starts on September 2 and 10, with a gap of three days each in between. “The long break during a four or five Test series is done to keep the players fit and fresh. There has been instances in India, of visiting teams being given a holiday in Goa in between a Test series,” the official said. England is set to play two Tests against New Zealand, starting on June 2 and 10. Then India and New Zealand will feature in the World Test Championship final at Southampton from June 18. Then the ECB will flaunt the pioneering ‘The Hundred ball’ bash from July 21 to August 21, leaving the BCCI to look for a window after the Test series in England to complete the IPL-14.
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Is TN Finance Minister Deliberately Stirring Hornet's Nest?
Tamil Nadu’s finance minister Palanivel Thiagarajan is in demand internationally as his old contacts, especially diplomats, ask for him whenever they are thinking of routing aid to the State in the time of the pandemic. When Rev Jesse Jackson Sr wished to contact Tamil Nadu to say he was pressing US President Joe Biden to release US vaccines for India, the civil rights leader could think of no one better than ‘PT’ to be his go-to man. As a finance professional, the graduate from MIT and former investment banker with a British bank, ‘PT’ is accustomed to calling a spade a spade. But, as a politician, he is struggling to control his propensity to let loose barbs aimed at various personalities. He was in the news straightaway as he took on Sadhguru Jaggi Vasudev, founder of the Isha movement, putting him down as a land-grabbing godman who will have to face the law soon. Isha Foundation said they were “appalled that a man of his (Jaggi Vasudev) stature has been subject to the Minister’s unparliamentary and uncalled for personal attack.” The media dream of having a politico come out with all guns firing to offer the public lively bytes is being fulfilled almost on a daily basis. The other day, ‘PT’ came up with “barking dogs” to classify a rabble rousing right wing politician of Tamil Nadu. The world of finance may be a grey area surrounded by figures in black and white but the TN finance minister is proving to be colourful when in front of the media as he is never shy of sharp and witty retorts.
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Making Sense Of Tamil Nadu's Stricter Lockdown
Looks like the second corona wave has deluged Tamil Nadu in unprecedented ways. Agreed, TN Chief Minister MK Stalin has proactively taken the views of all the stakeholders concerned in several meetings. After nearly 15 days of a regulated lockdown, when shops remained open from 6 am to 10 am, a sudden decision on Saturday, May 22 to impose very strict lockdown, and yet allow shops to remain open till 9 pm on both Saturday and Sunday sent the people into a feeding frenzy. Within minutes, commercial neighbourhoods were inundated with pushing, shoving and elbowing crowds, wanting to stock up, sending black marketing up ….the lowly Lauki or Bottle Gourd cost Rs 70 a kilo, Snake Gourd Rs 80, as for other exotic veggies, the middle class would rather do without these. It is hard to judge such decisions by the ensuing fallout. The parable of the blind men trying to decipher an existentialist truth is so very apt. The bigger the round table, the more varied the solutions. Probably, the government’s view that at one stroke traders would liquidate most of the inventory, and allow the people to stock up for a week’s strict lockdown was the logic behind this. Unfortunately, this decision could make matters worse in an already frightening situation. Instead, the TN authorities would have done lasting service by opening up neighbourhood vaccination centers/ camps, demanded that the state’s vaccine needs were met by the Centre, and dangled the carrot of incentives for those who rushed to get the jab. Stricter lockdowns only spread a sense of panic and defiance. The blind men are still figuring out this elephant.
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Aishwarya Lekshmi The Fast Rising Star On OTT
Covid 19 has overturned our ethos and lifestyles in ways that we haven’t fully fathomed. OTT is one of the most significant changes in our entertainment spectrum. Whichever the platform, the content and creative genius still remains supreme. Without sounding partisan, Tamil content has made that OTT transition, a much more creative, smooth as silk experience …whether in its earliest Anthology…Putham Pudhiya Kaalai, of five stories brilliantly directed by five outstanding directors among them Gautam Menon, Sudha Kangana, Suhasini Maniratnam. This showcased how the characters handle a corona ridden milieu. Urvashi, Jayaram, Kalidas, Prakshraj are memorable for their performances. Another anthology, Paava Kathaigal did fairly well. Two cute Hindi movies, Pagglait and Choked were super entertainers on a small budget. Bombay Begums is a pretentious me too. Big budget producers and mega vista directors like Shanker have to wait patiently for cinemas to come to life. In the meanwhile, new stars, new trends and more appealing entertainment in the privacy of your home are gaining big currency. One such OTT star is predicted to be Aishwarya Lekshmi, the stunning Malayalam actor from a hit movie, Maayanadhi. Her Jagame Thandiram with Dhanush, directed by Karthik Subburaj, is expected to raise the OTT bar even higher when released in June. Lekshmi is also in the ensemble cast of Mani Rathnam’s Ponniyin Selvan. No wonder OTT’s are in a keenly run race to garner gripping content.  Reportedly, Zee5 claims their subscriptions have jumped 50% during Covid lockdown. Bloomberg analysts also estimates that multiple OTTs, Hotstar, Amazon Prime, Netflix are cashing in on an 82% increase in viewership.

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Editor’s Note: Short Post Noticed By People Who Matter

Four years have zipped by and we are crossing another milestone on 31st January 2025 – it’s our 4th Anniversary. It feels good.
Looking back at the 1460 days, I must say Short Post has made its mark with people who matter via 4000 stories published in the areas of politics, business, entertainment and sports. All made possible by the unflinching commitment and dedication of our senior editors, most of whom have been part of this journey from Day One.
Small pack, big impact is in essence the story of Short Post which was launched at the height of the Covid-19 pandemic in 2021. It shows our conviction. In all humility, I can say, we have created a new niche in the news segment space like Hindustan Unilever which created a new segment, when it launched CloseUp Gel.
Yes, we have created a brand (in a limited sense), created demand (readers) and created supply (senior journalists). But we are facing teething problems like all start-ups. What makes us happy and confident is the recognition of our efforts. For instance, we have an arrangement with the OPEN Magazine, part of the $4.5 billion Kolkata-based Sanjiv Goenka-RPG Group. This arrangement sees around 10 Short Post stories posted on OPEN Magazine website every week. This arrangement is testimony that our content has been well received! Also, I may add that the Maharashtra government has recognised Short Post and has allowed our senior editor to cover the Assembly sessions. Ditto: Odisha.
Our goal is to ensure that Short Post becomes a habit. I would like people to keep checking their smartphones to know the latest Authentic Gossip. As regards AI and the fear of it disrupting all businesses including media. On that, personally, I have no such fear as I am confident AI cannot smell news particularly Authentic Gossip. That’s the place we are well entrenched.