The gap between expenditure and receipts totalled Rs 3.98 crore (Rs 39 million) over the April 1-August 31 period against the Rs 5.31 lakh crore(Rs 5.31 trillion) pegged in the Budget for 2014-15.
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A group of concerned individuals as the India Pride Project and the support of one man dubbed America's Indiana Jones has resulted in the return of India's heritage back to the country, says Vijay Kumar.
'There has to be an 18-month transition.' 'But if the government had some prior knowledge that the high value notes were being used for an imminent terrorist activity in the country, then we have to accept the step.'
Be extra careful while using credit cards because there is a risk of misuse
With a sole mandate of inflation targeting, RBI wears many hats.
While Indians are increasingly using mobile platforms and technology for various financial transactions and purchases like bill payments, ticket bookings, entertainment, travel and banking transactions, cross border mobile remittance is yet to see the light of the day.
'As Rai spoke, in an unbelievably dead pan, almost off-the-cuff tone, about helping plan the murder of two youngsters, drugging them with vodka and whiskey spiked with dava (medicine), smothering one, dragging a body in rigor mortis out of a car, burning a corpse, destroying evidence, and so on, it felt like he was discussing nothing more surprising than the intricacies of the weather.'
If the impact of the Greece crisis spreads across Europe and parts of the world which are more interconnected than ever before, India cannot hope to be insulated, says Paranjoy Guha Thakurta.
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