Upfront

The enormous costs of becoming an unstable country far outweigh any small growth benefits that can be obtained through aggressive policies, says RBI Governor Raghuram Rajan.

Team BT

Print Edition: 28 Feb, 2016

(Illustration: Raj Verma)

DIVIDED WE STAND

"The enormous costs of becoming an unstable country far outweigh any small growth benefits that can be obtained through aggressive policies" - RBI Governor Raghuram Rajan

"What should be the fiscal deficit is the domain of the government and ultimately approved by Parliament" - Finance Minister Arun Jaitley

A NOVEL PROTEST

"Dear @ElonMusk: You Should Be Ashamed of Yourself"

Tweet by Venture Capitalist Stewart Alsop (for a badly run launch event of Tesla's Model X)

(Musk cancelled Alsop's order calling him a "super rude customer")

"Recently, we've heard inexcusable political rhetoric against Muslim Americans that has no place in our country. We have to reject a politics that seeks to manipulate prejudice or bias, and targets people" - US President Barack Obama

300 Points

At that level, the Baltic Dry Index-the measure of global movement of dry bulk shipment-is at its lowest since 2008 when it peaked to 11,000. Bottomline: Global economic activity has hit a trough.

$5.84 billion

Stunning Facebook revenue in Q4, 2015, up by $1.34 billion from Q3, indicating Facebook's emerging market dollars are beginning to contribute to topline.