The country is insisting that its creditors take a 40% haircut, or it threatens to declare a unilateral moratorium. Important but self-imposed deadlines are approaching. The country is not Greece but Ukraine. The IMF initially...
Banking giant HSBC is to cut at least 10 percent of its global workforce as part of a cost-cutting drive aimed at saving $5 billion annually by the end of 2017. The bank also wants...
Who is India’s foreign minister? It happens to be Sushma Swaraj. Who is foreign secretary? That is easier: Subrahmaniam is too common a name; Jaishankar is easier to remember. And who is India’s foreign policy...
India is known for its fascination for Gold. Families buy gold to gift in marriages and on other special occasions; to store wealth, especially in rural India, where they see greater value (monetary as...
In the recent budget, the Finance Minister announced the Atal Pension Yojana, which promises a fixed pension of at least Rs.1,000 at age 60 if subscribers contribute pre-defined amounts over their working life. The APY...
At the recent Asian-African Summit held in Indonesia, Indonesian President Joko Widodo said that those who still insisted that only the World Bank, the International Monetary Fund and the Asian Development Bank can solve global...
Amma as Jayalalitha is fondly called by her followers was brought into politics by her mentor, MGR who was a legendary film hero of Tamil Nadu. Jayalalitha used to be his heroine in many blockbuster...
Several new trends are now visible on the Indian political landscape. Rahul Gandhi is back in the saddle. The Congress Party is rejuvenating itself. There are changes visible in other political formations as well. CPI(M)...
After the announcement of Sukanya Samriddhi Account (SSA), questions are being raised about investing in Public Provident Fund (PPF) account or to opt for the SSA. In fact the investors can avail both the investment...
Most Indians have a fixed view of Modi – generally an extreme one, whether favourable or unfavourable. None of us gives him a second thought: either he is a god fit for a temple, or...
The media discourse on MUDRA (Micro Units Development and Refinance Agency) proposed in Budget 2015-16 has not yet fully revealed the theoretical depth and practical wisdom behind the idea. It is a potential game-changer for...
Not that much has changed in Spain since the climax of the debt crisis during which its collapsing banks were bailed out. Some of them were recombined into a bank with a new name –...
