Though the government's radical measure of demonetisation has disrupted the economy and has hit the real estate sector -- already reeling under prolonged slowdown -- it will turn out to be a blessing in disguise in the medium-to-long term. ...
In what could be a bizarre situation, the Reserve Bank Of India (RBI) does not seem to have any official records to prove that it had authorised the issue of new currency notes in denominations of Rs 2,000 and Rs 200, after demonetisation, according to documents available through RTI....
In an effort that India is likely to snub once again, US Secretary of State Rex Tillerson has hinted that he is looking for a mediating role between India and Pakistan....
In a global financial landscape where everyone is enjoying a swim in a pool of excess liquidity created by central banks in the developed world, Indian interest rates remain amongst the highest in the world....
While the immediate impact of demonetisation was seen in the long queues outside ATMs and felt through acute cash shortage, its anniversary is an appropriate vantage point to assess the less visible and generalised effect on the economy of what was easily the most disruptive measure post-Independence....
As an Indian American, I have had the privilege of living in the two largest democracies in the world. One of those, the United States of America, came into being in part because of the free press. The other, India, has the reputation of having the most vibrant and free press in the developing world....
Much of the efforts of the Bharatiya Janata Party (BJP) leaders to explain away the current economic slowdown as the result of "technical" glitches, as party president Amit Shah tried to do, or as teething troubles of demonetisation and the Goods and Services Tax (GST), are likely to be seen as instances of whistling in th...
Politics over the Babri dispute, including the hate campaign by the Vishwa Hindu Parishad (VHP), has only complicated a possible amicable solution, contends Mahant Satyendra Das of the makeshift Ram Mandir at the disputed site here, saying there was no enmity here between the two communities over the iss...
First off the block to express discontent was the Tripura governor, Tathagata Roy. Speaking as a Hindu since it would have been constitutionally improper for him to use Raj Bhavan stationery to issue a statement, he wondered whether the courts will crack down on cremations next....
There have been studies on the risk of fires on planes posed by lithium batteries going back years. In 2015 US airlines banned hoverboards from their planes due to concerns about the fire risk posed by their lithium batteries....
