In the last several days' Indian news channels are having a feast by reporting on Nirav Modi’s case, experts from different walks of life and politicians from the ruling dispensation & opposition parties busy blaming each other for the organized loot. Perhaps it is one of the biggest loot ever recorded from taxpayers money by … Continue reading Nirav modi only a tip of the iceberg
Over last many decades' world has moved to a trajectory of faster economic growth, but so-called higher economic growth cannot solve the persisting problem of inequality among the marginalized, poor, scheduled caste and scheduled tribes in the rural parts of the second largest populated country in the world. We have witnessed the case of third … Continue reading The Unequal Growth
Our future according to Yuval Noah Harari, a lecturer at the Hebrew University in Jerusalem, in his new book "Homo Deus" says " more of us will be pushed out of employment by intelligent robots and on to the economic scrap heap". Yes, we are on the cusp of imminent change with the advent of … Continue reading Fourth Industrial revolution, Advantages &Perils
I think most of us know what is Bail-Out during post-2008 economic this term bail-out was used more often in discussions and news which clearly was intended to recapitalise the banks and financial institutions to carry out its business of lending and advances as usual. But we as Indians should need to get familiar with … Continue reading FRDI Bill Suggests “Bail-In” no “Bail-Out”
Although there have been many discussions happening around the globe on the future of cryptocurrency and opinions are in different hue and nature , many of them say that it is going to be the future how the world is going to transact or some other says cryptocurrencies are just a bubble which is not … Continue reading Cryptocurrency
We as the citizens of this country has been aspiring for development, Everybody wants to see our country's progress because right for a decent living with minimum amenities in place to satisfy our needs is democratic rights of each and every citizen of this country. We vote candidates from different political parties based on plank … Continue reading Development and its false notions.
When RBI published its annual report on August 2017, the writing on the wall met its true fate. The historic move by the Modi government to demonetize high-value currency notes was termed by many as a right move in the best interest of the nation, But it turned out to be historic blunder … Continue reading The Futile exercise called Demonetization.