If you rated the Budget only on the basis of market euphoria, then it was quite easy to conclude that this is perhaps the best Budget in recent times. But the question is whether this euphoria is really sustainable for the longer term? How credible is the fiscal consolidation roadmap that the Government has charted out? The Finance Minister, Arun Jaitey, presenting his fourth Budget on the floor of the […]

The 2017 Budget is going to be momentous and historic in many ways. For starters, in a move away from the convention followed in the recent past, the date of the Budget presentation has been advanced to February 1st. Not just that this is also perhaps the beginning of a fresh trend where the Rail Budget and the Union Budget would be consolidated and presented together. The pain of the […]

After days of haggling on seat sharing arrangement, the Congress and the Samajwadi Party finally agreed to join hands and contest the election together in Uttar Pradesh. The move it seems was dictated by primarily the consideration to consolidate the muslim votes in the state. With the muslim votes having a bearing on at least 100 of the total 403 assembly seats, it was finally decided that the Samajwadi Party […]

As 2017 takes off, the focus on the economic arena seems to be shifting towards ‘Minimum Basic Income.’ Yes you read it right! After GST and demonetisation became the show stoppers for 2016, the 2017 game plan is perhaps steering in the direction of guaranteeing a universal basic income. Well the informed circles indicate that the Modi Government is most probably already working on a report that targets granting Universal […]

Dhulagarh is burning and the nation chooses to remain quiet. 60 houses torched, 5 hours of violence leaving many badly injured and yet not a word was leaked. The West Benga Government is surprisingly quiet and cctv images leaked later show how the police chose to look the other way. What’s absolutely shocking is the fact that this is happening on the soil of a secular democratic republic with an […]

The chatter about the merits and demerits of demonetisation continue but one basic fact cannot be denied that this entire demonetisation drive has suddenly brought forth a completely new villain in the game plan. As the queues continue outside the ATMs, more that 85,000 new Rs 2000 notes were confiscated on suspicion of illegal acquisition. Come to think of it these Rs 2000 notes were the first to be released […]

The Parliament logjam continues and the Winter Session of 2016 might perhaps go down the history books with just 3 days remaining before the session ends on December 16. But the question that might be bothering many is what’s so new? In fact if we look at the way the Parliament has been functioning, every session be it Winter, Monsoon or the Budget sessions there are more hours that have […]

We could continue to argue about the merits and demerits of demonetisation by the Government but one aspect is surely heartening and that is the fact that as a nation we have started taking baby steps towards a digital and cashless economy. It is almost common practice today to see signs of Paytm and other mobile wallets in shops and even relatively low resource traders like the vegetable vendors are […]

As hundreds of people pour in to pay their last respect to Amma, as I begin to write my tribute to Jayalalithaa, myriad of images come to my mind, the graceful dancer, extremely successful filmstar, the gutsy politician, the woman who dared to successfully challenge a male bastion, a slightly autocratic leader but always the one who never lost her touch with people, with th masses. It is the crowd […]

As Clamorworld keeps prodding on the various cashless transaction modules available for the average person, it is difficult to not mention about UPI or United Payments Interface. This in simple terms mean a system in the financial world that allows you to transfer money between two parties. A well recognised and standard banking operation it enables users to conduct bank transactions from anywhere in matter of clicks. One major difference […]