Justice Markandey Katju: Pakistan SC order is extraordinary as situation demands it

Justice Markandey Katju says: In my judicial career of 20 years, I had never heard of such an order that has been issued Pakistan SC. I thought the petition was premature, and should have been dismissed forthright as such. But on deeper thinking, I concluded that extraordinary situations require extraordinary remedies, and therefore the order was correct and justified.

India emerges as a major player in global markets, says MSCI Emerging Markets Index

As a result of India’s investment-led growth trajectory, several experts have produced an upbeat appraisal of the economy, resulting in the rapid rise of a $5 trillion GDP. The impressive performance of the Indian equity market isn’t seen as an isolated incident, but rather as the start of a long-rising trend. In addition, China’s weight in the MSCI Emerging Markets Index has decreased by 7 percentage points, compared to an increase of 5 percentage points for India.