MONDAY, 24 AUGUST 2026
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Destructive data centres

Across the world, especially in the US, county after county, town after town, city after city is saying no to AI data centres. And they don’t have the kind of power deficit or water problems that India has. Yet, Narendra Modi is inviting these companies to set up data centres in India.

Why are people in other countries pushing back against data centres? The reason is that these are power and water guzzlers. Wherever these centres have come up, water resources have dried up and electricity prices have increased manifold.

In India, we don’t even produce enough electricity for our own consumption; imagine what will happen when these gigawatt-guzzling data centres commence operations.


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Trust betrayed in banking

Raju Rammurthy, Vasco
Published Feb 28, 2026, 12:19 AM IST
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It is shocking to learn about the alleged Rs 590 crore fraud at IDFC First Bank in Haryana, reportedly involving its own employees. A similar case had earlier come to light at ICICI Bank, where senior officials were accused of granting loans that benefited their own business interests. Such incidents raise serious concerns about internal controls and accountability in private banks.Customers of both public and private sector banks face strict rules. Even a single missed loan…

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