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The first credit in India dates back 4000 years. The existence of loans is proved to exist during the Vedic period, which is between 2000 and 1400 BC. The existence of banks in India dates back to 500 BC.
A treatise on the art of politics of ancient India, the Arthasastra (attributed to (...)
The pandemic and ensuing lockdown hit India like never before. A report by K Chandra Shekhar and Kasif Mansorr of Azim Premji University specifies that“According to the ILO report, in India, more than 400 million informal sector workers are at risk of falling into even greater poverty due to the (...)
The pandemic and the ensuing lock-down has hit India like never before. A report by K Chandra Shekhar and Kasif Mansorr from Azim Premji University states “According to the ILO report, in India, more than 400 million informal workers may get pushed into deeper poverty due to Covid-19 outbreak (...)
Transparency International’s latest survey has revealed that India has the highest bribery rate in Asia.
India has the highest bribery rate in Asia according to the Global Corruption Barometer published by Transparency International. The report released on the eve of International (...)
Workers from the organised sectors or those employed by municipalities, too, will be participating in the strike from their job locations in Maharashtra.
Thousands are expected to gather at every district collectorate office in Maharashtra on the Constitution Day (November 26) following the (...)
On 24 March, the Prime Minister Narendra Modi, in a live telecast to the nation, had announced a 21 day complete lockdown of the entire country, placing 1.3 billion people under curfew, in order to contain the spread of the corona virus in India. However, after 20 April, industries in India (...)
It is obvious, painfully obvious that India’s policy towards its big neighbor China has not been much of a success. Before we figure out a new policy frame work, we need to bear in mind that in the ongoing stand-off at the border, India has faulted diplomatically and militarily apart from (...)
According to IHS Markit, a London based information provider, India is going to overtake the UK, its former colonial ruler, to become the world’s fifth largest economy this year and is projected to outdo Japan to feature at the second position in the Asia-Pacific region by 2025. Modi’s (...)
The tale of a 30-year-old driver in Andheri East is emblematic of how in India, the more educated you are, the more likely you will struggle to find appropriate employment.
Mumbai: Shivaji Kamble Suryakant’s black Casio digital watch starts ringing everyday at 3 pm. It used to mark, until (...)
While the participation of women in the workforce is declining, their involvement in unpaid but essential activities remains unrecognised.
While a majority of South Asian countries (except Afghanistan and Pakistan) have reported high women labour force participation rate, in India, the labour (...)
Leaked data says unemployment is at a 45-year high. Will the damning numbers put the BJP government’s job on the line?
Archana, a native of Telangana’s Medak district, graduated in 2017 in the science stream with distinction, which the 22-year-old thought was good enough to land her a moderately (...)
Hope is ebbing for 13 people trapped in a rathole mine in Meghalaya since December 13. According to local accounts, such disasters are common in the state’s illegal rathole mines, though they go unreported and unnoticed. Folded into this tragedy is a story of administrative failure, corruption (...)
A growing body of research suggests that micro-credit, the darling of international development, costs borrowers dear
It’s still a week or so until Diwali, but the market in Thol, a village in northern India, is already bustling with shoppers perusing cheap Chinese-made electronics, sweets, (...)
India’s new billionaires have accumulated more money, more quickly, than plutocrats in almost any country in history.
On 3 May, at around 4.45pm, a short, trim Indian man walked quickly down London’s Old Compton Street, his head bowed as if trying not to be seen. From his seat by the window of a (...)
After 22 negotiation rounds and several missed deadlines, the 10 ASEAN countries and their 6 free trade partners will meet again in July 2018 to try and move forward the Regional Comprehensive Economic Partnership Agreement.
While India’s hard stance on certain issues like tariff reduction has (...)
Vedanta is one of India’s worst violators of environmental and human rights regulations AND a valuable partner of the Modi government’s development agenda. The company makes massive charitable donations to oil the wheels of the system.
New Delhi: In the run-up to Prime Minister Narendra Modi’s (...)
The $1.77 billion Punjab National Bank (PNB) scam, possibly the biggest financial chicanery to have hit the Indian banking sector, is rocking the nation. Perpetrated by a diamond tycoon in collusion with bank officials, defrauding India’s second largest bank in such a manner seems astonishing. (...)
We are a happy nation waiting to ride the bullet train...
The Mumbai-Ahmedabad High Speed Rail (MAHSR), connecting these major metropolis in western India, is soon to be built with Japanese finance and assistance. The Japanese PM Shinzo Abe and his Indian counterpart Narendra Modi jointly laid (...)
Prefatory Note Demonetisation is, beyond doubt, the most talked of action taken by the incumbent Narendra Modi regime, as yet, which came to be in place in May 2014 [1], just over three and a half years back replacing the UPA regime, with the Congress at the head, soundly defeating it in the (...)
November 8, Rs 500 and 1000 currency notes have been demonetised. People have already died from Prime Minister Narendra Modi’s sudden assault on 80 percent of India’s economy.
On the evening of November 8 , the Prime Minister of India, Narendra Modi, went on live television to tell over 1 (...)
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