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Centre considering recasting Air India debt: civil aviation minister

“There is an idea circulating that Air India will do better if its debt is restructured,” union civil aviation minister Ashok Gajapathi Raju told Hindu BusinessLine. The minister, however, also stressed the need to evol

PSU capex plans not impacted by negative cash flow

State-owned enterprises aren’t holding back on their capital expenditure (capex spends) even though there has been negative cash flows last year. Many are utilising the profits generated in the current year to add capacity and bridging the d

Hulkonomics and the 2D effect (Or how I learned to stop worrying and love demonetisation)

A close friend, stock market wizard and intellectual sparring partner, also a Marvel Comics and Stan Lee fan, has been keenly following the demonetisation debate in media and elsewhere. “So this all seems horrible,” he said, mi

Two counts of failure

The Indian government has audaciously put the demonetisation show on the road, though with little consideration of infrastructural, banking and connectivity back-up. After making his own set of political calculations, the prime minister has quite

Five stories you must read over the weekend

In death as in life, Tamil Nadu’s enigmatic chief minister J Jayalalithaa retained her mystique. When she fell dangerously ill, people did not know – and were not told – what she was suffering from. When she was buried, p

NSIC rolls out SC/ST hub

 In its bid to provide professional support to budding SC/ST entrepreneurs, National Small Industries Corporation Ltd. (NSIC) has rolled out National Scheduled Caste and Scheduled Tribe (SC/ST) Hub, said minister of state for MSME Haribhai Pa

Will taxes be abolished after currency ban? ICAI clarifies again

How can one sustain people’s support for demonetisation when they are beginning to realise that there was zero planning behind it, none of its touted benefits are coming true, and their pain and harassment have been meaningless? One can try

Govt, pvt sector must collaborate to bring women and migrants in formal banking

India ranks in the middle of a group of 26 emerging economies regarding access to formal financial services, according to a global study. The Brookings Financial and Digital Inclusion Project (FDIP) 2016

Demonetisation blues: From cashless to homeless

For a single woman to live in a city like Delhi is not an easy task. People are amazed when I say; I have been staying alone for more than a decade now. They wonder what it takes to live such a life. Honestly, it excites me, thrills me and surpris

IoT innovation hub to be set up in Gujarat

  To accelerate digital transformation in Gujarat, International Centre for Entrepreneurship and Technology (iCreate) and Gujarat International Finance Tec-City (GIFT) has signed an MoU with Cisco.  iCreate which is an autonomo

It would be fantastic to have a vibrant arts education programme: Shubha Mudgal

Shubha Mudgal, a popular practitioner of Hindustani classical music, was born and brought up in a family of academicians in Allahabad. Known for hits like ‘Ali More Angana’, ‘Dholna’ and ‘Ab ke Sawan&rsquo

Cyber security a key area of concern: NASSCOM

 Cyber security is emerging as a key area of concern. As part of the capacity building endeavor on information/cyber security space, Sector Skill Council (SSC) NASSCOM and Data Security Council of India (DSCI) is developing standardised conte

Demonetisation severely imperilled India’s economy: Harvard Business Review

India is in the throes of an unprecedented social experiment in enforced digital disruption, and the world has much to learn from it, said an article: ‘India’s Botched War on Cash’, that appeared in the Harvard Business R

Sasikala posters come up in Chennai, want her as AIADMK chief

Supporters of Sasikala, late chief minister J Jayalalithaa’s aide, have put up posters across the Tamil Nadu capital to demand that she take over the reins of the AIADMK. There are a few posters too in support of Jayalithaa’s niece Dee

Steps have been taken to tackle black money: Amitabh Kant

The government has initiated numerous steps to combat the scourge of corruption and black money in the last two and a half years, said NITI Aayog CEO Amitabh Kant on Thursday. Addressing a press conference, Kant said that there has

Demonetisation to have credit implications: Moody’s

The unprecedented move to demonetise “will have short- and medium-term credit implications for every sector of the economy”, said Moody’s Investors Service. The latest edition of Moody’s Inside India

Three PSUs likely to file draft red herring prospectus

 Cochin Shipyard, Hudco and Hindustan Aeronautics are likely to file draft red herring prospectus within a week with market regulator Sebi for their initial public offering (IPOs).   The government aims to raise abo

NTPC to replace its old plants

 The nation has embarked on a mission to reduce India’s carbon footprint by phasing out all inefficient thermal power plants, older than 25 years, with modern energy efficient super critical ones, said union power minister Piyush Goyal

The lost youth of Arab states

The UN has produced its first analysis of the socio-economic indicators in the Arab region since the 2011 uprisings. The results are not all heartening. The report titled ‘Arab Human Development Report (AHDR) 2016: Youth and the Prospects fo

If country is unable to provide jobs, there will be unrest: Mukherjee

President Pranab Mukherjee on Wednesday said that India, with the second largest population in the world, will face a major challenge in the coming years. Half of its population will be below 25 years of age and the young workforce

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