Go Unlimited with Magzter GOLD
Get unlimited access to 10,000+ magazines, newspapers and Premium stories for just
Try GOLD - Free
A plea to provide more mutual fund data
Business Standard
|July 15, 2024
It was the 1960s and the cold war was at its peak.
A race was organised between two top runners-one from the United States (US) and the other from the Soviet Union. The US runner beat his Soviet counterpart. The Soviet media needed to report the news positively. The spin it gave was, "Soviet finishes second, US runner ends second last."
This episode is now part of the broader folklore about Cold War-era propaganda. It illustrates how information can be spun to influence public perception. It also highlights spin doctors' role in presenting factually correct but misleading statements.
This story is from the July 15, 2024 edition of Business Standard.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Business Standard
Business Standard
Mitsui, oil firms in talks on joint vessel ownership
Tokyo-headquartered Mitsui OSK Lines(MOL) is in talks with Indian oil marketing companies (OMCs) for joint ownership of oil carriers, Anand Jayaraman, the shipping company’s executive officer for South Asia & Middle East region, told Business Standard.
1 mins
February 28, 2026
Business Standard
Heroes versus role models
YES, BUT...
3 mins
February 28, 2026
Business Standard
Gold loan share in bank retail credit doubles to 6% in a year
Loans against gold jewellery surged 128.8 per cent year-on-year (Y-o-Y) to nearly ₹4 trillion in January, mirroring the sharp rise in gold prices, latest Reserve Bank of India (RBI) data shows.
1 min
February 28, 2026
Business Standard
Auto PLI distorted e2W market, hurt innovation: C-DEP report
The production-linked incentive (PLI) scheme for the automobile sector has created market distortions, excluded innovation-led electric two-wheeler (e2w) makers, and failed to convert cost advantages into export competitiveness, with 77 per cent of export volumes driven by non-PLI models, said a report released by the Centre for Domestic Economy Policy Research (C-DEP) on Friday.
3 mins
February 28, 2026
Business Standard
A statistical reset that strengthens GDP credibility
The Ministry of Statistics and Programme Implementation (Mospi) has completed the revision of India’s national accounts with a new base year of 2022-23.
3 mins
February 28, 2026
Business Standard
NCERT recalls copies of banned class 8 textbook
The NCERT on Friday issued an advisory asking anyone with copies of the banned class 8 textbook that had a chapter on “judicial corruption” to return them to the council headquarters.
1 min
February 28, 2026
Business Standard
Consumption demand recovers in FY26, but govt spending flat
As Mospi released GDP numbers on new base year of 2022-23, the new series, incorporating improved data sources and several methodological changes, is expected to reflect economic reality more accurately
2 mins
February 28, 2026
Business Standard
US licences for India’s Venezuelan oil purchases mask ground realities
A wave of Indian optimism sparked by the United States easing control over Venezuelan oil is hitting ground realities.
3 mins
February 28, 2026
Business Standard
₹30 cr to promote small entrepreneur exports
Rajasthan will spend₹30 crore to encourage small entrepreneurs to promote exports, Industry and Commerce Minister Rajyavardhan Singh Rathore said.
1 min
February 28, 2026
Business Standard
India set to enter global chipmakers' club with Micron's Sanand debut
When the project was being planned, executives in Micron had said that at the heart of the plant would be the clean room, which would be 1 million square feet, among the largest for an ATMP plant.
1 min
February 28, 2026
Listen
Translate
Change font size