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Farhat Hasan, Paper, Performance, and the State: Social Change and Political Culture in Mughal India. Cambridge: Cambridge University Press, 2021, xv+155 pp. [ABSTRACT FROM AUTHOR]

A systematic survey of the cost of corrosion and wear has been carried out in a major pulp and paper plant in India. It is shown that the annual direct cost of corrosion and wear in the plant under consideration is £20 000. By extrapolation, the annual cost of corrosion in the entire pulp and paper industry in India is estimated to be £1·5 million. It is further shown that opting for an alternative, corrosion resistant material such as duplex stainless steel in the bleaching unit alone could lead to annual savings of almost £130 000. [ABSTRACT FROM AUTHOR]

Based upon research in the state of Bihar, India, this article argues that informal access to medicines in Northern India is a core element of the government of healthcare. Informal providers such as unlicensed village doctors and unlicensed drug sellers play a major role in access to medicines in Bihar, in the particular context of the dismantling of public procurement services. Building on recent works in the socio-anthropology of pharmaceuticals, the article shows the importance of taking into account the political economy of drugs in India, in order to understand local problems of access more fully. If informal providers occupy such an important position in the government of healthcare in India, this is partly due to the shaping of healthcare as access to drugs on health markets. Elaborating the argument from interviews with health professionals and patients, the article first shows the situation of public healthcare and public procurement in Bihar; then it presents the role of informal medicine providers; lastly, it shows how patients deal with the fact that they live in a ‘pharmaceutical world’ where access to health equates with access to medicines. [ABSTRACT FROM AUTHOR]

The commercial surrogacy industry in India administers in a way where the women working as surrogate mothers live in surrogate houses. It is a space deliberately designed and run by either the fertility clinics or a third-party agency, where the surrogate mothers are required to stay for the entire gestation period. The surrogacy industry in India utilizes the vulnerability of couples who do not or cannot have children, in order to prepare valuable and docile bodies which can serve as a platform for accumulation of wealth. This paper draws from an ethnographic inquiry of the surrogate housing facilities functioning in two cities in India: Anand and Bengaluru. The paper will argue that the surrogacy industry in India produces geographies of carceral domesticity by deploying disciplining apparatuses governing the day-to-day mundane activities of the reproductive laborers. The medical experts often resort to the narrative that these women cannot be trusted with the safety of the babies they carry, hence, justifying their confinement in the surrogate house. Further, the possibility that the surrogate mothers may develop emotional attachments to the babies they carry, which in turn, will endanger the surrogacy arrangements, also runs through such narratives of regulation. [ABSTRACT FROM AUTHOR]

Religious conversion and marriage across communal lines have long been contentious in India. The contemporary debate on 'Love Jihad' – the Hindu Nationalist conspiracy theory that accuses Muslim men of waging a religious war by seducing and converting unsuspecting Hindu brides – exemplifies the simultaneously geopolitical and biopolitical anxiety that religious conversion inspires. In this paper, I focus on the case of Hadiya, a young woman from Kerala, who, in 2016, found herself remanded first to her university's hostel – as dormitories are called in India – and then to her parents' home as various courts debated on the authenticity of her conversion to Islam, and her marriage to a Muslim partner. Through an examination of media discourse and court records in this case, the paper argues that in 'Love Jihad', the domestic and the carceral are rendered inextricably intertwined through an affective politics that presents desire outside the bounds of caste and religion as geopolitically misoriented. Drawing on Sara Ahmed's work on the phenomenology of orientation, I focus on the intimate geographies of the hostel, which I argue exemplifies a site of carceral convergence between nation and family, in the management of the affective disorder associated with religious conversion. [ABSTRACT FROM AUTHOR]

Most nuclear dyads are characterized by some degree of nuclear and conventional asymmetry. This paper argues that these asymmetries create an environment in which deliberate nuclear first use (DNFU) can be rational. This possibility has been discarded in the formal literature on nuclear escalation because of the common reliance on the assumption of mutually assured destruction (MAD). This paper develops a formal model that traces how and under what circumstances two types of DNFU are rational. First, nuclear imbalances and advancements in counterforce technologies create a damage limitation incentive for a strong actor. Second, conventional asymmetry creates an incentive for the coercive use of nuclear weapons by the weaker player. Moreover, this paper illustrates that these asymmetric conditions are a relevant characteristic in important and very different nuclear dyads: DPRK–US, Pakistan–India, and Russia–US. Thus, the model demonstrates the potential core drivers of DNFU in today's nuclear landscape. [ABSTRACT FROM AUTHOR]

This paper investigates the relationship between earnings management and financial distress and considers whether this relationship varies based on the severity of financial distress and signs of discretionary accruals (a proxy for earnings management). For this purpose, multiple regression analysis has been employed on a sample of 192 financially distressed Indian firms during the period 2011–2018, counting to 1,272 firm-year observations. Discretionary accruals are estimated by the Modified Jones model and Raman and Shahrur (2008) model, while Altman's Z -score and distance-to-default model are used to detect the degree of financial distress. The findings disclose that the low distressed firms are indulged in higher earnings management than high distressed firms. Also, the low distressed firms are engaged more in income-decreasing earnings management. However, the results are not consistent across both earnings management and distress measures. The findings have significant implications for investors and creditors. They need to be aware of this fact while evaluating creditworthiness of a firm since firms with even a low degree of financial distress can indulge in earnings management to camouflage their true financial condition. [ABSTRACT FROM AUTHOR]

Credit rating agencies (CRAs) play an essential role in efficiently allocating capital in the financial system. However, several researchers have highlighted shortcomings of CRAs, leading to drastic consequences such as the 2008 financial crisis. The paper focuses on the competition among CRAs as one of the critical drivers of issues plaguing the credit rating industry. The paper uses quantitative and regression techniques to check the impact of competition on a firm's credit rating. The paper utilizes firm-level financial and credit rating data from India. The paper uses dual ratings to check whether competition leads to rating inflation and shopping practices in the credit rating industry. The paper finds that CRA inflates a firm's credit rating due to competition from other CRAs. Rating shopping is also evident in the credit rating industry, driven by competition between CRAs to gain new clients. The paper's findings also indicate that increased competition for large-size firms business leads to CRAs showing leniency when rating such firms. The results raise the need for regulators to actively monitor and control the competition among CRAs to ensure the accuracy of credit ratings. [ABSTRACT FROM AUTHOR]

Participatory forms of policy-making have often been criticized for insufficiently theorizing the coproduction of publics and matters of concern. This paper seeks to investigate this relationship further by analyzing how the concept of civic epistemologies (CEs) can provide insights for understanding how political contexts shape both publics and contestable debates. Presenting fieldwork on cyclone governance in Odisha, India, based on the analysis of interviews with vulnerable fishing communities and state actors, the article shows how CEs influence the interdependent formation of vulnerable fisher and state subjectivities on one hand with representations of risk located in external biophysical atmospheric gases on the other, thereby sustaining reductive roles and futures. At the same time, the paper develops the concept of CEs by examining them as performative acts carried out by marginalized communities and state actors at the subnational level of a nonindustrialized country, thereby indicating sites at which epistemic agency can be increased and governed. Participatory knowledge production needs to understand how it is affected by CEs if it is to generate effective expertise for transformative futures in the face of increasing climatic risks. [ABSTRACT FROM AUTHOR]

Commercial surrogacy marketizes life's work. In the era of neo-liberalism, women's work, which is often intimately performed within a heterosexual marriage in exchange of support, now remains a principal avenue to earn money. This form of feminization of labor has led to the emergence of markets for women's reproductive capacities. The present study stems from my ethnographic journey into the lives of the women who work as surrogate mothers in India. The narratives presented in the paper emerge from my prolonged fieldwork in Anand, Gujarat. It engages with the experiences, understandings, and the voices of these women, who I term reproductive laborers, in order to examine the notion of putting one's reproductive capacities in this intimate market for money. [ABSTRACT FROM AUTHOR]