The note ban formalised a huge sector of India's economy, spurred real growth, increased tax compliance, reduced interest rates, curbed artificially high property prices and netted black money. And these are just some massive advantages.
Lord Meghnad Desai, renowned economist and Member, House of Lords, UK, spoke with Rohit E David about India's economy, Narendra Modi's moves, demonetisation and Vijay Mallya.
To get an award named after the father of modern marketing is no mean achievement.
The Rs 2000 currency note is a bit like Taimur Ali Khan. Pink, pretty and always in the news.
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RIGHT Foot Forward | 6-minute read
The 'bhakts' believe in miracles while Namo-ites seethe in anger.
The biggest casualty of such a scenario of frequently changing or unreliable data is new investments.
What does one do when one knows the country is headed towards the biggest financial event in recent history? Find out in the portion featured
A fictional account of how a typical Wednesday in early November turned hotter than the scorching May sun.
Unfortunately, numbers don’t lie. That is why the Prime Minister is conspicuously missing.
The move inflicted avoidable pain on farmers, daily wage labourers and small enterprises. Also, it served a huge blow to economic growth.
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