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Economy and Business

Shock therapy can work, even in India, but not without leaving some burn marks. The World Bank’s latest India Development Update attempts to make another assessment of the impact of the Narendra Modi government’s demonetisation experiment.

 

 

Finance minister Arun Jaitley has made a lucid and compelling case for why the government should divest stake in Air India.

 

India’s large information technology (IT)services companies could fire around 56,000 employees this year, Mint reported in early May . That’s double the number they usually fire, the report added.

 

Einstein said that if you judge a fish by its ability to climb a tree, it will live its life believing it is stupid.

 

Last week the environment ministry introduced rules to regulate cattle trade which will effectively kill the buffalo meat industry.

 

As he completes three years as India’s Prime Minister, one thing that Narendra Modi has successfully put on the nation’s agenda is the elimination of the black economy through his controversial November 8, 2016, demonetisation drive.

 

A report in ET by Sugata Ghosh shows how income-tax sleuths have unearthed a case of large-scale money laundering through a multi-state urban cooperative credit society’s account.

 

India moved a step closer to its tryst with financial destiny with the GST Council slotting thousands of products and services into the five different tax slabs.

 

Employment growth at 8-year low, tough times ahead for the young

 

Prime Minister Narendra Modi’s long-drawn-out effort to tackle the desire for gold does not seem to be bearing fruit. India’s gold imports witnessed a huge jump in April, increasing threefold to $3.85 billion from $1.23 billion in April 2016. In March, the jump driven by jewellery demand was even higher as gold imports stood at $4.17 billion, compared to $974 million a year earlier.

 


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Review
 
 
 
 
spotlight image Thailand will be the coordinating country for India within ASEAN from July. In an exclusive interview with INDIA REVIEW & ANALYSIS, the fortnightly journal of the Society for Policy Studies (SPS),  Thailand’s Ambassador to India, Chutintorn Gongsakdi, gave a comprehensive view of bilateral relations and
 
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The struggle for autonomy has been going on within the Indian Institutes of Management (IIMs) from their inception, writes P.D. Rai
 
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As India and the 10-nation ASEAN bloc culminate the commemoration of 25 years of their dialogue partnership with a summit in New Delhi January 25 that all the leaders will attend, India is laying out the crimson carpet to ensure that the first ever Republic Day celebrations at which 10 ASEAN leaders will be Chief Guests, jointly, is a
 
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Afghanistan's leaders have asked the Security Council to mobilise international pressure on Pakistan to stop supporting terrorists, United States Permanent Representative said on Wednesday. Speaking to reporters here after the Council's weekend visit to Afghanistan and meetings with the nation's leaders, Haley said, &l
 
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As the Myanmar government’s violent policy towards its Rohingya Muslims drew increasing international condemnation in 2016, the country’s sometime icon of democracy, Aung San Suu Kyi, declined to speak out for the persecuted minority.
 
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“We have a very solid commitment to climate action,” he said. “We cannot be defeated by climate change and we are not yet winning this battle” and the biggest victims of climate change are the developing countries that are members of the Group of 77 (G77).
 
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In a bid to promote trilateral innovation and business opportunities between the US, India, and Israel, Israel-India Technology Group has launched a trilateral fund of $50 million. "We ar...
 
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The Tehreek-e-Taliban Pakistan (TTP) has for the first time claimed responsibility for the assassination of former Pakistani Prime Minister Benazir Bhutto in a new book in written by Taliban leader Abu Mansoor Asim Mufti Noor Wali.

 
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Title: Salafi-Jihadism -The History of an Idea; Author: Shiraz Maher; Publisher: Penguin Random House UK: Pages: 292; Price: Rs 499

 
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A Review of Anatomy of Failure by Harlan K. Ullman (Naval Institute Press, 242 pages)

 
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Title: The Beckoning Isle; Author: Abhay Narayan Sapru; Publisher: Wisdom Tree; Pages: 157; Price: Rs 245

 
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Title: India Now And In Transition; Editor: Atul Thakur ; Publisher: Niyogi Books: Pages: 448; Price: Rs 599