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China needs a growth target to guide its stimulus measures: Citi

China should still set a growth target this year for the authorities to design a "sensible" stimulus package, says Liu Li-gang, Citigroup's chief economist for China, who adds that the country's unemployment rate risks exceeding 10% without aggressive fiscal stimulus.




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Mark Cuban: Texas reopening 'more show than go,' small business needs more help to do it safely

"There's all these downstream issues that really haven't been addressed yet," the Dallas Mavericks owner and "Shark Tank" investor told CNBC on Friday.




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Kudlow says third round of PPP small business loans might be needed as demand soars

The second round of the Paycheck Protection Program launched last Monday and has so far provided over 2 million loans worth over $175 billion out of the total $310 billion Congress authorized in the latest relief package.




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History says Super Tuesday is last thing stock market needs right now

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'We need to start saving individual people,' not just stockholders, says pension fund CIO

The chief investment officer of one of the country's biggest public pension funds said the government response to the coronavirus should be focused on supporting unemployed workers.




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US oil needs more explicit support from policymakers: Standard Chartered

Eric Robertsen from Standard Chartered says it is hard to imagine oil and energy demand improving, so the U.S. shale industry needs explicit policy support to get back on track.




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A higher deficit will need to be factored in to new EU budget, says economist

Radhika Rao from DBS Bank discusses the European Union's economic response in combating the coronavirus pandemic.




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The coronavirus crisis is 'accelerating' the need for economic transformation: Citi

Miguel Azevedo of Citi discusses the coronavirus pandemic's impact on Middle Eastern nations, mergers and acquisitions, and economic activity in the Muslim holy month of Ramadan.




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Stock buybacks: We need a new litmus test after the bailouts

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Op-Ed: Britain needs an economic model to guide the lifting of the coronavirus lockdown

Covid-19 has forced epidemiology and economics to become intertwined as never before.




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Op-Ed: Local bars and restaurants face extinction because of coronavirus – and government needs to step up

Independent bars and restaurants found some relief in the Paycheck Protection Program, which offers low interest, short-term loans with the potential of forgiveness. That is not nearly enough, writes author and bar owner Derek Brown.




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Wuhan market had role in virus outbreak, but more research needed, WHO says

It was not clear whether live animals or infected vendors or shoppers may have brought the virus into the market.




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Options on bitcoin futures just launched. Here's what you need to know

Exchange-traded bitcoin options launched Monday on the Chicago Mercantile Exchange, and they will likely provide a great tool for cryptocurrency speculators.




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German court says the European Central Bank now needs to prove its bond buying is needed

The German court said the decision does not concern any financial assistance measures taken by the European Union or the ECB in the context of the current coronavirus crisis.




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US is best positioned to fill India's natural gas needs: Energy Secretary

U.S. Energy Secretary Dan Brouillette talks about the strategic energy partnership with India, and how it will boost trade in oil and natural gas.




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Recovery could be slow, uneven and dependent on whether companies still need as many workers

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'The fabric of America is being destroyed.' Why this ex-Trump official says student debt needs to be canceled

"The fabric of America is being destroyed through this process." Here's why the former Trump administration official in charge of student debt is now calling for most of the debt to be canceled.




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Financial advisors need to put cybersecurity plans to the test

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Op-Ed: Advisors need to help clients get back to basics during this volatility

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Here's what you need to know about rent relief during the pandemic

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Investors need to prepare for a slow and uneven recovery: RBC Capital's Lori Calvasina

Eric Marshall, Hodges Capital Management portfolio manager, and Lori Calvasina, RBC Capital Markets head of U.S. equity strategy, join 'Power Lunch' to discuss what the economic data is indicating to investors.




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Does your life need a comeback?

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Learn skill-set needed to crack the CA examination

Learn skill-set needed to crack the CA examination (CA exam Tips)




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WHO Adviser on Meat Plants: If We're at War, the Weapons We Need Are Tests and PPE, Not Pork

As President Trump invokes the Defense Production Act to bar local governments from closing meatpacking plants around the United States, we get response from a longtime adviser to the World Health Organization. "When Congress passed that act, it certainly did not have in mind that the president has the power or the right to put workers' lives and health at risk," says Lawrence Gostin, professor of global health law at Georgetown University and director of the World Health Organization Center on National and Global Health Law. Gostin also discusses why he joined 40 leading center directors in a declaration this week that urges Trump and Congress to restore and increase WHO funding.




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Mars Needs Money: White House Budget Could Prompt Retreat from Red Planet

Proposed cuts could end decades of U.S. leadership in exploring that world

-- Read more on ScientificAmerican.com




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We heard you needed some help.




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URGENT HELP NEEDED - DEFERRED TAX

Book loss - Rs.100/-
Income tax Loss -Rs.80/- (due to disallowance of expense of Rs.20/-)

Deferred tax liability or asset ?
On what amount ? on 100 or 80 or on 20 ?
Please reply me with reason.
I am waiting for reply.




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We Need More Plots to Kill Hitler

Especially Sunrise Elementary School, they need a LOT more plots to kill Hitler














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What You Need to Know About How California's New Law AB-5 Affects Writers


Posted by Victoria Strauss for Writer Beware®

Scroll down for updates

Last year, California passed a new law, AB-5, intended to make things better for gig economy workers, such as Uber and Lyft drivers, by forcing these companies to provide employee protections and benefits for their freelance workers.

However, the narrowly-written law, which went into effect on January 2, has created unintended consequences for freelance writers, most of whom are independent by preference. If they sell 35 or more pieces to the same company in a year (which can easily happen with short blog posts or  product reviews), the company must treat them as employees rather than freelancers and pay payroll taxes as well as unemployment and other insurances. Even before the law went into effect, companies were laying off California freelancers and seeking replacements in other states.

Book writers may be affected too, under certain specific circumstances.

The article below was originally published by the Authors Guild; I'm re-printing it with permission. This is an issue all writers need to be aware of, as similar laws are under consideration in other states, including New York and New Jersey.

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We have been receiving inquiries about California’s new law AB-5 and similar pending legislation in other states that require companies hiring individuals on a freelance basis for labor or services to treat them as employees, unless the individual’s work falls within one of several exceptions. Laws like AB-5 (which goes into effect on January 2) are meant to aid gig economy workers, such as Uber and Lyft drivers, who work for a single company and have no employee protections. They are well-intentioned pieces of legislation, but unless they are narrowly written, they can go beyond protecting gig workers and disadvantage many traditional freelancers who wish to remain independent by overriding existing state agency law.

To be clear, the Authors Guild fully supports employment protections for freelance journalists and authors, and will be lobbying for collective bargaining rights in 2020. Like Uber drivers, writers have no benefits and are often paid less than minimum wage. But forcing writers to work as employees, especially on a state-by-state basis, is not the way to go about it. The situation in California speaks to the importance of deliberation, careful drafting, and getting buy-ins from the various industry groups. Similar “gig worker” bills are in the works in New York and New Jersey. The new draft NJ bill includes a strict, sweeping version of the ABC test. Those working closely on the bill are concerned that freelance journalists will in many cases be treated as employees. We will watch the bill and do our best to ensure that the necessary protections for freelance journalists are added.

* The NY bill attempts to exclude freelance journalists, and we have provided comments to the drafters to make it clearer.* (correction 12.30.19)

AB-5’s 35-Submission Cap

As many of you are aware by now, much of the debate surrounding AB-5 comes down to its 35-submission cap applying to the contributions of freelance journalists, editors, and photographers. When the bill was being negotiated, a coalition of writer and photographer groups, including the Authors Guild, was able to get an exception for freelance writers. Unfortunately, Assemblywoman Lorena Gonzalez, who sponsored the bill, added a cap of 35 pieces per company—meaning that once a freelance journalist or editor submits 36 articles or jobs for the same company in one year, the freelancer must be treated as an employee and the employer must pay California State unemployment and employee insurances.

Many full-time writers today patch together a living from different sources—and they want to keep it that way. Because of AB-5, California freelance journalists writing 35 or more pieces for a single company fear losing clients to writers in states with laxer laws. Indeed, some publications have already stated that they will not hire California freelance writers because of the new law. 35 articles might seem like a lot, but there are plenty of writers who write more than that. Writing a short weekly blog piece for a client could easily put a writer over this limit.

Another problem with treating writers as employees and not freelancers is that employee-writers do not own the copyright in their work; instead, the employer is considered the “author” under copyright law and automatically owns the copyright in its creation. Of course, as most major publications today insist on an assignment of copyright anyway, the practical effect, unfortunately, is the same: the writer gives up copyright. Still, freelance writers who assign copyright can reclaim it after 35–40 years, which is a benefit that employee-writers lack.

Does AB-5 Apply to Book Contracts?

Authors have raised alarm that AB-5 will apply to book writers as well. The Authors Guild has been reviewing the bill from that perspective since it was first introduced. We were assured by those working on the bill that trade book authors are not covered, and we do not see a basis for disagreeing since the bill clearly states that AB-5 applies only to “persons providing labor or services” and authors provide neither “labor” nor “services” under standard book contracts—they instead grant copyright licenses or assignments. Additionally, royalties—even in the form of advance payments—are not considered wages. It is difficult to imagine how a court would conclude that a typical book contract is for labor or services.

Writers with Service-Like Obligations Should Get a Legal Opinion

There are, however, some book-writing agreements that could be considered service agreements and arguably would fall under AB-5, such as work-made-for-hire agreements and contracts where the author has ongoing obligations and the publisher has greater editing ability or control over the content. Authors and writers working under multi-book contracts are most likely to encounter such a situation. These authors’ contracts should be reviewed by an attorney to determine whether they are subject to AB-5. Publishers and authors who want to be certain to retain a freelancer relationship should be careful to make sure the contracts are written as simple license grants and not as services agreements. For instance, the agreement should be written as a copyright grant of a defined work without interim or ongoing obligations, and remuneration should be in the form of royalties and advances against royalties. The writer should also have full control over their work and use their own workspace and tools. As a general rule, it is also recommended that freelance editors and journalists have written contracts that allow them to work when and where they want with no oversight other than approval of the finished work product.

If you have such a contract and are an Authors Guild member, remember that we do review members’ contracts for free. You can send us the agreement using our online form, and our legal team will get you comments and let you know if you need to revise the agreement.

UPDATE 1/16/20: Washington (State, not DC) is contemplating a bill like this as well. From the comments, below:
WA should be on your watchlist, too. An AB5-like bill was just re-introduced in the Senate there, even though it had been defeated last year. It, too, requires writers and other freelancers and independent contractors be hired as employees when their works contribute to the normal business of their clients. The bill ignores a study of independent contractors that was prepared by the Dept of Commerce after the bill's defeat. The study documents that 3/4 of the independent contractors in WA don't need or want the employee benefits touted by the bill's advocates. Between their own efforts and those of their families and friends, they're doing fine. Read the study yourself then write to Sen. Karen Keiser about your opposition to being made employees against your will.

The study: https://app.leg.wa.gov/committeeschedules/Home/Documents/26113?//20902
Senator Keiser: karen.keiser@leg.wa.gov
A similar law may be in the works in Illinois.

UPDATE 1/20/20: This article from Digiday explores the negative impact that AB-5 is already having on freelancers and publishers in California.




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Running in lockdown: what gear do I need to start?

Many people have turned to jogging during the coronavirus crisis. These shoes, apps and gadgets can help you get going

With gyms and leisure centres closed, many people have turned to running. You can literally just step out of your door and begin your government-approved exercise but, if you want to make the most of it and improve your health and fitness, a few small things can go a long way.

Continue reading...




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People put on ventilators for covid-19 may need lengthy rehabilitation

Healthcare systems need to prepare for the extensive physiotherapy and mental rehabilitation that people put on ventilators for covid-19 will need as they recover




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Need to visit my doctor more often

I’m back from my doctor’s visit! It was nothing but good news. The outside walls of the clinic are covered with swarms of chironomid midges! Everywhere I looked, there they were, clinging to the brickwork. This is one big buffet for spiders that I’ll have to check again later, but I didn’t see many today […]




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Coronavirus: Private renters need more help to 'ride out crisis'

Almost half a million people are at "high risk" of homelessness, local councils warn government.




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Coronavirus: Key safeguards needed for schools to reopen - unions

Education unions say they want scientific evidence it is safe for teachers and pupils to return.




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Coronavirus: 'We need to recruit hundreds more live-in carers'

The CEO of a social care firm says there is a surge in demand for live-in carers due to coronavirus.




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Mumbai: Clinic forgets needle in two-day-old baby's bottom

Like all responsible parents, Aastha Pashte, 28, took her two-day-old baby to a clinic for vaccinations, never imagining that the life-saving injections could turn life-threatening. It was only three weeks later, when the infant developed a mysterious fever, that Aastha discovered that the clinic had forgotten a 2-cm needle inside her child's bottom.

It took a two-hour surgery to remove the foreign body at the Bai Jerbai Wadia Hospital for Children. Once the child is discharged, the family is planning to sue the clinic that forgot the needle.


X-ray shows the needle dangerously close to the hip joint

Scans show needle
The baby boy, who is Aastha's first child, was born in perfect health on June 17. A couple of days later, the Chembur resident's family took the child to a local clinic for vaccination. Everything was normal until the 21st day after birth, when the infant became feverish. "When we took him to a private doctor, she thought it was the flu and prescribed some medicines. But when the baby didn't show any relief, we took him to Wadia hospital, where we were shocked to learn that there was a needle inside his buttock. Suddenly we realised why he cried every time we massaged oil on his buttocks," recalled Aastha, while talking to mid-day from the NICU.


Dr Minnie B

At first, the baby was diagnosed with osteomyelitis, an infection of the bone. But X-rays and CT scan showed a persistent shadow, indicating a foreign body. The parents then realised that it was the vaccination needle still stuck in their child's bottom, almost deep enough to graze the hip joint. On July 10, a surgery was performed to remove the needle. The baby is now stable and recovering in the neo-natal intensive care unit (NICU) at Wadia hospital.

Rare case
This was a first-of-its-kind case for the hospital. Dr Pradnya Bendre, paediatric surgeon at Bai Jerbai Wadia Hospital, Parel, said, "The baby was taken for intra-operative surgery for removal of the foreign body. It was difficult to find the exact location; hence, multiple X-rays were taken. It took two hours to remove the needle under C-arm guidance localisations. The 2-cm needle was found embedded in the capsule of the left hip joint and the baby has recovered uneventfully without any complications."

"The needle had gone deep inside, and it was extremely challenging to perform the surgery on a newborn without making a big incision. Thankfully, the child was diagnosed without much delay. We want to highlight the issue so that such a blunder is not repeated in the future," said Dr Minnie Bodhanwala CEO Wadia Hospitals.

Also read: Mumbai: 1-month-old baby has narrow escape as maternity ward ceiling crumbles

Catch up on all the latest Mumbai news, crime news, current affairs, and also a complete guide on Mumbai from food to things to do and events across the city here. Also download the new mid-day Android and iOS apps to get latest updates





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Instagram adds payments features. Here's what you need to know



Instagram has introduced a feature that allows users to make payments. The Facebook-owned photo-sharing app will now allow users to add their credit or debit card with their profile and set up a security pin. They can make purchases within the photo-sharing service and make payments without having to leave the site, Cnet reported.

Payments is the next big thing for tech giants who are looking at retaining users in the form of customers by offering them a one-stop destination for all their needs, including social, photos, and now e-commerce. The new native payments feature is currently available through limited partners and businesses on Instagram.

(Edited by mid-day online desk, with inputs from ANI)

Catch up on all the latest Mumbai news, crime news, current affairs, and also a complete guide on Mumbai from food to things to do and events across the city here. Also download the new mid-day Android and iOS apps to get latest updates





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Lindsay Pereira: Only criminals need apply


Of India's 31 chief ministers at this point, 11 have criminal cases against them, and eight have 'serious' cases that include rioting and murder. Illustration/Ravi Jadhav

I urge you to spend a few minutes on Google and look for Indian politicians convicted of crimes. I don't recommend you search for politicians 'accused' of crimes, because that may leave you with very little time to do anything else for the rest of the week. I also warn you against looking for politicians convicted of corruption, or politicians disqualified from office, because both those lists are incredibly short and may depress you.

Also, read a little about the Association for Democratic Reforms, established in 1999 by a group of professors from the Indian Institute of Management, Ahmedabad, to examine the criminal, financial and educational background of candidates contesting elections. To spend a little time at its website, where it publishes reports analysing elections and their contestants, is to expose oneself to just how awful the people claiming to represent us really are.

A week ago, for instance, the ADR published an analysis of MPs and MLAs with declared cases related to crimes against women. Apparently, out of 1,580 (that's 33 per cent) of MPs/MLAs analysed with declared criminal cases, 45 MPs and 3 MLAs have declared cases related to crimes against women. 327 candidates who had declared cases related to crimes against women were given tickets by recognised political parties. A number of candidates even contested in Lok Sabha and Rajya Sabha elections, and Maharashtra had the highest number of these gifted representatives. The website also carries a preliminary analysis of candidates announced by major political parties for the Karnataka 2018 Assembly elections, and shows that these parties continue to give tickets to candidates with serious cases.

Here's another thing that ought to concern us but no longer does, presumably because we are inured to information of this sort: Of India's 31 chief ministers at this point, 11 have criminal cases registered against them, and eight have 'serious' criminal cases that include 'voluntarily causing hurt by dangerous weapons or means', 'rioting', and even murder.

It's easy to see why politicians with a criminal record are more likely to be elected than those who haven't seen the inside of a jail, of course. People who don't commit crimes don't have access to illicit funds, which means they simply can't afford to bribe voters. It's also why the government of our country overturned a Supreme Court ruling demanding the disqualification of any politician convicted for crimes punishable with more than two years in jail. According to the men and women who supposedly represent us, it is more important to maintain political alliances and stay in power than it is to prevent criminals from taking charge of our collective future.

We live in an era where transparency does not exist, where we have no access to information about why some men and women are mysteriously chosen to represent a majority, and where politicians are encouraged to avoid being answerable to their countrymen. We are kept in the dark about why some projects are initiated and others ignored, why deals that don't make sense to anyone with common sense are approved at our expense, and even why our streets are named after people none of us have ever heard of. It's also why no political party has taken concrete steps to encourage the brightest and best among us to run for office. It's also why qualified government officials are often shunted out, because our leaders need minions, not people capable of independent thought. This is why we live in a time where it is always the worst that rise to power the fastest, then dictate terms for the rest of us.

Children ought to aspire to a life of public service because ours is a country that has, at least on paper, always placed the common good above all. Our forefathers sacrificed everything they had to create a country that no longer works for its poorest citizens. The reason why these statistics ought to matter is the kind of message the world's largest democracy is sending to its youngest members. In America, young people are encouraged to nurture the belief that they can be President some day. We probably don't encourage our children to aim for those high offices because we recognise that they may need to have a criminal bent of mind in order to make it.

When he isn't ranting about all things Mumbai, Lindsay Pereira can be almost sweet. He tweets @lindsaypereira Send your feedback to mailbag@mid-day.com

Catch up on all the latest Mumbai news, crime news, current affairs, and also a complete guide on Mumbai from food to things to do and events across the city here. Also download the new mid-day Android and iOS apps to get latest updates





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mid day editorial: We need an antidote for angry relatives

The lull in incidents involving doctors and relatives of patients has been broken once again. An indefinite strike called by resident doctors of the civic-run JJ Hospital entered its second day on the weekend. The doctors held a candlelight march to protest the attack on their colleagues and to pressure the management to take action to ensure their safety.

Doctors from other hospitals were supporting the protest as well. It started with over 400 resident doctors from JJ Hospital going on strike over the weekend after two were attacked by the family of a deceased patient.

We had seen these flare ups and thought that a long lull may spell the end of the doc-patients' fracas, which has been a very worrisome aspect of the health service sector in the country. It was not to be and the latest incident shows that measures have to be in place to tackle these incidents before they spiral out of control.
Doctors must have adequate security at hospitals. Fears for safety can inadvertently crop up in medical decisions or diagnosis, where sometimes a professional's judgement may be compromised if they think that their workplace does not care enough to protect them.

Violence is not the answer even if the relatives think that the doctors have neglected them or are shocked by the death of their family member. Our civic hospitals have too many patients, but staff is small is comparison. Awareness campaigns, an intermediary between doctors and patients' family, security measures, counselling, and somehow bringing the sense that patients' relatives and doctors are on the same side, could defuse volatile situations. The time for talk, discussion and clucking in disappointment is over. This is a medical emergency at our hospitals. An antidote needs to be found.

Catch up on all the latest Mumbai news, crime news, current affairs, and also a complete guide on Mumbai from food to things to do and events across the city here. Also download the new mid-day Android and iOS apps to get latest updates





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Rafiq Bhatia's 'Breaking English' questions the need for musical boundaries

Accepting the futility of genres, of boxing songs into different compartments like stacked products in supermarket shelves, seems to be at the forefront of Rafiq Bhatia's musical endeavour. The 30-year-old American of Indian descent is the guitarist for a New York-based indie outfit called Son Lux. But it's his recent solo album, Breaking English, which makes the listener really question the need for musical boundaries, of sticking labels to a composition as if it's packaged meat.

The title track of the album, for instance, is not jazz, is not electronica, is not lounge, but all of these generic classifications rolled into one lush sound with a coherent narrative, where Bhatia's melancholic guitar plays the role of the protagonist. Each sonic detail in the track is well-defined, to the point where even though fellow Son Lux member Ian Chang's drum beats seem dissonant, they fit like a glove into the overall musical fabric. Bhatia describes this sensibility when he tells us over the phone from Berlin, where he's on tour, "Ryan (Lott, the vocalist for Son Lux) would say that instead of building a house, designing a room and then placing a chair in it, why don't we start with the chair first, and then design the room around it before building the house. There is a theory in poetry called organicism, where the poet lets each individual verse define the form that the poem will take. That is kind of similar to what I'm trying to do with my music."

He further explains his musical process when he narrates a story about one of his influences, Sam Rivers, the late American jazz great. "I've read that he would attend the concerts of all his peers, and purposely study their music to understand what they were trying to do. But this wasn't to replicate what they were playing. Instead, it was to consciously avoid it. Similarly, John Coltrane took the music of his predecessors and retooled the entire musical vocabulary keeping a similar underlying foundation, but with new pathways built on top of it," he says, giving us an indication of how he doesn't hesitate to flush rule books down the toilet.

Hybridity, in fact, lies at the core of Bhatia's creative evolution. The basis for this, he says, might well be his mixed identity. Born in North Carolina, he has never really fit in to any particular community. For, even though his parents are of Gujarati origin, they grew up in Tanzania, before moving to London and then finally to the US. So, while his brown skin stood out among the white kids in his school, he didn't feel completely at home among the Indian community either. "Everybody thinks that I am something else. So, my music is a result of a need to express my identity. It's a form of therapy at some level, because it's also a way of accepting who I am," he says.

He adds that this therapy started early. When he was about eight or nine, the older desi kids in Bhatia's neighbourhood would pick him up in a car and stop at a parking lot, listening to the hip-hop albums that became one of his earliest influences. Was he drawn to them because of the political overtones that such songs often embody? "Not really," he answers, adding, "I was only in the third grade at the time, and I couldn't even understand the words. So it was the musicality that I fell for. But the deeper question is, why were a bunch of brown kids sitting in a car in a parking lot and empathising with hip-hop music? What is it that was drawing them to the words? So you see, it's difficult to disentangle the politics from the music."

It follows thus that an intertwining of politics and music sometimes features in his own compositions. For example, Hoods Up, a complex instrumental piece, drew its inspiration from Trayvon Martin, a black teenager who was cruelly shot down because of a case of mistaken identity. The guitarist says, "I feel some amount of compulsion to express my [political] ideas. But sometimes, it's easy to get carried away with being overtly political because there is so much to be angry about, and often the responsibility falls on artistes to emphasise it. So I would say that politics is a general part of what inspires my music, because there are so many other facets of my personality that also make their way in."

Essentially, then, what Bhatia wants to keep doing is create genre-defying tracks where attention to detail is of paramount importance. "When you take the details and all the generalities of music for granted, that's when your songs start sounding more like other people's music. That doesn't mean you can't make great tracks. It's just that the less you consider those things, the less is the chance that you will make music that departs from convention. The flip side is that when you think actively about each decision, and each one comes from a place of individuality, it becomes hard to find a coherent logic that ties all those things together. And that ends up being the riddle that I am constantly trying to solve with my music."

Catch up on all the latest Mumbai news, crime news, current affairs, and also a complete guide on Mumbai from food to things to do and events across the city here. Also download the new mid-day Android and iOS apps to get latest updates