If the high security notes introduced in 2015 were kept in the system, the pain due to demonetisation can be ameliorated to a certain extent. But unfortunately, such thought process have no place in the hasty demonetisation decision.
Chief economic advisor Arvind Subramanian discusses the Budget, goods and services tax, Centre-state relationship and larger issues facing the economy
Indian economy about to take-off
It emerges that not only does the CIDR project fails the test of fairness, justness and reasonableness besides the test of not being fanciful, oppressive or arbitrary; it also fails the test of Arthashastra, Hadith and the Bible.
BCCI's decision to not send Indian teams for the Asian Games drew sharp criticism from the Olympic Council of Asia (OCA) on Saturday, which accused the influential cricket board of treating the sport just as a business venture.
Yoga, wellness, meditation, Ayurveda, software and ... toothpaste - Sri Sri Ravi Shankar has successfully merged business with spirituality
The official twists and turns have raised questions on the government's credibility and its ability to pull the nation out of the demonetisation quagmire. To keep up with the new rules, the government has issued an updated FAQ on demonetisation.
'India cannot expect to be insulated from the crisis. Europe is India's biggest trading partner with two-way trade of E72.5 billion or Rs 530,000 crore last year,' says Paranjoy Guha Thakurta.
The 91.9 per cent slide in the stock price of Gitanjali Gems since April has depleted the value of promoter Mehul Choksi's holding in the company by at least Rs 17 crore (Rs 170 million) a day on an average.
ugar mills in UP owe thousands of crores to cane farmers.
'Both nations have a common problem: A rampaging, jingoistic and hostile China which is making substantial territorial claims. In the long run, Japan and India are going to be the victims of Chinese aggression -- so they might as well hang together to contain China,' argues Rajeev Srinivasan.
For some, he is a visionary who grew his one-channel firm into a media giant by the sheer dint of his courage; for others, he is a compulsive risk-taker.
The public-private partnership model is a compulsion, says the minister.
State after state has imposed an alcohol ban, and has had to retreat, unable to address the financial and administrative fallout. Are we set for more of this cycle, asks Aditi Phadnis.
'Put cricket, first and foremost, at the centre of every decision you take.' 'The bottom line must always be the sport that we love.' Rahul Dravid as eloquent as always in his M A K Pataudi Memorial Lecture.
The full text of the speech delivered by VVS Laxman at the Pataudi Memorial Lecture in Kolkata.
Full text of Rahul Dravid's Pataudi Memorial Lecture in New Delhi.
In his penultimate State of the Union address, Barack Obama said that the economy is improving.
