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Currency change: “Long-run gains depend on implementation”

Like many of us in India, Kenneth Rogoff, a Harvard professor and former chief economist at IMF, backs the logic behind India’s demonetisation and balks at its implementation. Rogoff should be pleasantly surprised since the id

Cabinet gives nod to offload Instrumentation units

 The government has approved the proposal of shutting down the loss-making Kota unit of Instrumentation Ltd and hand over the company’s Palakkad division to the Kerala government. The decision was taken by the union cabinet at

PSUs told to submit proposals regarding ports

The shipping ministry held a consultation meeting with various stake holders on ‘Policy for Award of Waterfront and Associated Land to Port Dependent Industries in Major Ports’. The policy was approved by the cabinet earlier this year

The word and the world: Post-truth, xenophobia and fascism

It was Oxford Dictionary that started the trend last month, declaring ‘post-truth’ as the word of the year. Then came dictionary.com, giving that status to ‘xenophobia&rsqu

Bhopal gas tragedy: 32 years later, victims yet to get justice

Thirty two-years back on this day, when Bhopal slept, a poisonous gas leaked from the Union Carbide India Limited (UCIL) factory which was built in 1969 to produce a pesticide called Sevin. This gas was deadly methyl isocyanate which affected more

Coal India misses production target

 Coal India Ltd (CIL), a maharatna PSU, produced 323.57 million tonnes (MT) of coal in the first eight months of the current fiscal, reported Press Trust of India. However, the world’s largest coal miner failed to meet its tar

We had lawyers and media coverage, adivasis have nothing: Nandini Sundar

 Sociologists usually don’t make news, but Nandini Sundar has received a fair amount of media coverage in recent weeks for two reasons: just as her book, ‘The Burning Forest - India’s War in Bastar’ (Juggernaut), has r

The great Indian flip-flop trick

Chances are you have already chosen which side of the fence you are on when it comes to the demonetisation debate. Demonetising 86% of the currency is an unprecedented step and India is flying by the seat of its pants in these tumultuous times. To

Reliance Jio free offer extended, competitor cries foul

 Reliance Communications Ltd chief Mukesh Ambani on Thursday said that every new Jio user will get Jio’s Data, Voice, Video and the full bouquet of Jio applications absolutely free till March 31, 2017. He called it the Jio hap

How to live cashless in this cash crunched economy

 Demonetisation has taken the Indian economy and social media by a storm. We are all facing much inconvenience due to shortage of cash in hand. Hence, we need to find more ways to survive without cash. We need to shift our focus to the online

Delhi BJP unit could be revamped: Manoj Tiwari

 Actor-turned-politician Manoj Tiwari intends to end the infighting within Delhi`s Bharatiya Janata Party (BJP) factions and strengthen the party unit ahead of the municipal elections in 2017. In a quick interview to Governance Now, Tiwari hi

Supply LPG only to PSU oil firms, government tells producers

 Liquefied petroleum gas (LPG) producers like Reliance Industries have been asked by the government to supply cooking gas they produce only to state-run oil companies. Private retailers have been asked to source their requirements through imp

Thirst quencher

The Indian Railway Catering and Tourism Corporation (IRCTC), the commercial arm of Indian Railways, intends to push the production of Rail Neer to bridge the gap between demand and supply. The daily requirement of packaged drinking

BSNL posts six-fold jump in operating profit at Rs 3,855 cr in FY16

State-run Bharat Sanchar Nigam Ltd (BSNL) has registered almost six-fold jump in operating profit during 2015-16 fiscal at Rs 3,855 crore from Rs 672 crore in the preceding fiscal. BSNL’s revenue from operation is highest in the last five ye

What does Manoj Tiwari’s appointment as BJP state president mean for Delhi?

Ahead of the 2017 Delhi municipal elections, the Bharatiya Janata Party played the most crucial regional card by appointing actor-turned-politician Manoj Tiwari as the state president. The BJP’s move to appoint Tiwari comes as a bid to win b

When, where and how are the ministers depositing ‘cash on hand’?

The prime minister has directed MPs of his Bharatiya Janata Party (BJP) to declare their bank transactions to the president of the party in a bid to lead by example to come clean on their actions after the decision to demonetise currency notes of

Strategic disinvestment of Salem Steel Plant approved

The government has given in principal approval of strategic disinvestment of Salem Steel Plant (SSP) – the loss-making subsidiary of the country’s biggest steelmaker Steel Authority of India Limited (SAIL).   

BJP’s a/c declaration is utterly non sequitur

Prime minister Narendra Modi has asked all MPs and MLAs of his party to come clean, and declare their bank transaction details to the party chief. Somewhat like demonetisation itself, it is pointless – and potentially equally appealing to gu

Why Nagrota terror strike is different – and more alarming

The terrorist attack on the army camp in Nagrota, Jammu, in which seven army personnel and three terrorists have died, raises some important points – and questions yet to be answered: • The Nagrota army camp is a key arm

The same blues on the other side of the counter

Since November 8, never-ending queues, rising tempers, despair and frustration have become a routine. It’s a nightmare for people who are struggling to deposit or exchange money at banks. And what about those who are working in banks? 

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