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While we stand in queues, world learns free lessons

By far the most sweeping change in currency policy that has occurred anywhere in the world in decades: that’s what former US treasury secretary and Harvard economist Lawrence H Summers along with PhD candidate Natasha Sarin say in a blog pos

Demonetisation adversely impacts GAIL

 In what could be seen as a direct impact of demonetization on the transport sector, huge inventories have piled up at Gas Authority of India Limited’s (GAIL) petrochemicals facilities as hundreds of trucks continue to remain off roads.

NTPC commissions project ahead of schedule, wins award

 The country’s largest electricity generation station, National Thermal Power Corporation’s (NTPC) Vindhyachal power plant in Madhya Pradesh, has bagged the IPMA International Project Excellence’s Silver Award. In

Tamil Nadu villagers hit hard by demonetisation

Murugammal, 45, has an unhealthy pale appearance. She has no money to go and get her further medical tests done. She goes inside her thatched hut to fetch an X-ray report. “I just had Rs 1,000, which I had spent on getting X-ray done from me

Recession is likely: Prof Arun Kumar on demonetisation

 Demonetisation is not the way to tackle black economy and it will in fact affect the white economy, believes Arun Kumar, a former professor of economics at the Jawaharlal Nehru University (JNU) who has authored The Black Economy in India (Pe

The dilemma of ‘study hour’

Rema Devi of class 6 reaches her school in Nagayalanka block in Krishna district of Andhra Pradesh (AP) at around 9 in the morning. At 7 pm she continues to be in school. Her legs ache. She has been sitting in her chair reading and writing, or pre

Bank staff bearing the brunt of demonetisation: Union

It is high time the authorities woke up to the “pathetic, gruelling conditions” that bank employees are being subjected following the move to scrap Rs 500 and Rs 1,000 currency notes, said Harvinder Singh, general secretary of All Indi

Kota`s journey from a dying town to a coaching hub

Till the mid-1990s, Kota’s air was fragrant. The scent emanated from trees of neem, mango and guava, rose bushes and vines of chameli, mogra, and raat ki rani – varieties of jasmine – that grew in plenty in this Rajasthan city. L

World’s first malaria vaccine soon

 The world’s first malaria vaccine will be rolled out in pilot settings in 2018, the results of which would give an indication of whether they can be deployed on a wider scale, the World Health Organisation confirmed on Friday. 

Survey: What do *you* think of the currency ban?

You have read (or heard or seen) countless analyses, points-counterpoints, theories-conspiracy theories and allegations-counter-allegations on the historic move to ban high-denomination currency notes. On TV and web, in print and on social media s

Demonetization in 1978 didn’t impact common man: Retired banker

 “I was branch manager at the SBI branch in Meerut. Rs 1,000 was a very big amount those days and Rs 500 denomination currency did not exist. The target group at that time were only rich people who were holding unaccounted money and com

Stories you must read over the weekend

 “Our farmers have been modifying their crops for centuries through the method of conventional breeding. But here we have not modified but *genetically engineered* the mustard parental lines and hybrid in a manner which gives a 20-30% h

How corruption and black money affects the poor

It may not be wrong to say that a major part of the black money arises from corruption, and that it is usually the downtrodden who is affected the most. A book published in 2011 by economists Bibek Debroy and Laveesh Bhandari titled

Need to change the attitude towards differently-abled: MB Atherya

 “There is a prerequisite for change in the attitude of people which should begin from the families of the differently abled people. It will help them build self-confidence and help them achieve whatever they want,” said author an

7 things govt should have known before launching the surgical strike

It’s been 10 days of suffering and chaos for people,and the way the government is continuously learning from its mistakes - announcing reliefs and exemptions, and then even rolling back some - it is transparently clear that the government wa

NTPS reduces power consumption, wins award

 Nashik Thermal Power Station (NTPS), part of Maharashtra State Power Generation Company Limited, has reduced the use of the power in the year 2015-16 as against that used in 2014-15, helping it bag an award for energy conservation.

The unending queue and a proud banker

“Mom, I have no cash, can’t come home. Can you come here and bring along some money?”  The early morning SOS message from my daughter, a student of tourism studies in Agra, over phone was distressing. She had been looking fo

NHRC summons Bastar IG in Nandini Sundar case

The National Human Rights Commission (NHRC) has taken suo motu cognizance of the Nandini Sundar case and summoned chief secretary of Chhattisgarh and IGP, Bastar to explain the allegations of hostility and abuse of power against human rights defen

The Sitaram speech: Big crocodiles have survived and small fish have died

What Sitaram Yechury of CPM said during the demonetisation debate in the Rajya Sabha on November 16 (mildly edited and truncated for clarity):  [...] If you don’t have paper, use plastic’. Kahan se layenge?

Numaligarh refinery introduces 100% e-invoicing

 Numaligarh Refinery Limited (NRL), based in Assam, has become the first public sector oil company in the country which has completely replaced hard copy of invoices with digitally signed ones. A subsidiary of Bharat Petroleum Corpo

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