Source: livemint.com The year 2016 was a turbulent and path-bearer one for the banks, stock markets and NBFCs (Non-Banking Financial Institutions). First the Brexit announcement in the middle of the year and then the dual co-incidence of Donald Trump’s victory… Read More ›
The Latin American country, Venezuela, has tried to ape India’s nation-wide note ban decision, but it had backfired badly following which President Nicolas Maduro was forced to postpone the entire decision until January 2 next month. The Venezuelan government… Read More ›
600 million Indians don’t have bank accounts in India. Even before demonetisation, Prime Minister Narendra Modi has laid emphasis on a digital Indian economy. This idea of digital economy has become even more obvious with shifting focus from the… Read More ›
Did you know that your 2000 rupee notes were capable of getting charged? Don’t worry if you don’t because the day new 2000 rupee notes came into the market, fake news and rumors have spread like wild-fire. Some said… Read More ›
Following the Indian government’s bold step to demonetize the old notes of 500 and 1000 INR, it was expected that the government and concerned authority must have some ready solution to tackle the cash chaos. But even after three… Read More ›
Before proceeding with the discussion on the short term and long term ramification of Prime Minister Modi’s demonitisation move to ban 500 and 1000 INR currency notes, we need to understand that India is still a developing economy with… Read More ›
Raja Angam (68) has been an auto driver since 1978. “After years of hard-hitting savings I brought an auto in 2010, but because of Ola and Uber I could hardly earn Rs. 500 and now that the government has… Read More ›
One of the things that differentiates human beings from other species is our extraordinary capacity to learn. We are always picking up new things and correcting earlier errors. But there is one area where it seems so hard… Read More ›
PM Narendra Modi has strongly appreciated his government’s promise to tackle ‘black money’ by through his demonetization drive. What he and his party members have failed to notice is the plight of a daily wage laborer. A daily wage… Read More ›
The creators of Indian Constitution and the founding fathers of the Independent India knew that partition was not going to solve the problems of conflict that arose due to Hindu Muslim divide. Yet, they thought that it is the… Read More ›