On Tuesday night, in an unusual broadcast to the nation, Indian Prime Minister Narendra Modi scrapped 1,000 and 500 rupee notes in a bid to flush out tax evaders. The banknotes that were declared illegal tender represent more than 86% of cash in circulation in India. Economic analyst Vivek Kaul explains the fight against tax evasion. The notes which have been withdrawn can be deposited in banks as well as […]
1) From midnight, the Rs 500 and Rs 1000 will cease to be legal tender. 2) The 500 and 1000 Rs notes can be submitted to the post offices and banks from 10th November to 30th December. 3) Those who can’t sumbit the notes within the deadline, can exchange it at Reserve Bank of India by providing a declaration. 4) On November 9 and in some places November 10, ATMs […]
“This is just the beginning… we are building the most customer-centric company based on a large selection, low prices and fast delivery,” says Amit Agarwal, head of Amazon India. He sounds rehearsed. His wife, too, thinks so. Agarwal talks like Jeff Bezos. He has spent 18 years in Amazon, and was one of the eight technical advisors, popularly called “shadows”, to CEO and founder Bezos. But what sounded dissimilar was […]
Finding restaurant franchises for sale is actually easier than finding good fine dining restaurants! TripAdvisor released its list of best fine dinning restaurants in India for 2016. Find out which restaurants made the cut… Travel website TripAdvisor published a list of the India’s Top 10 fine dining restaurants as part of their 2016 Travelers’ Choice Awards series. The list was compiled after taking into account the reviews submitted by travellers […]
Amid calls from some quarters for boycott of Chinese goods in ongoing Diwali season, China today said any such move will negatively impact the India-bound investments from its enterprises and also the bilateral cooperation between the two countries. China also asserted that any such boycott would not have much impact on its exports, but “without proper substitutes, the biggest losers of the boycott of Chinese goods will be Indian traders […]
I remember a very interesting conversation with my grandfather about Kashmir relating with the remarkable speech made by K Krishna Menon at the United Nations in January 1957. Menon was at that time commanding the Indian delegation to the United Nations. Menon in a marathon 8-hour address to the world body had left Pakistan stumped and red faced as he presented the Indian defence point by point, tearing into the […]
Read how one man’s vision and perseverance led to the creation on India’s only man-made sanctuary. It took 15 years of convincing villagers and enlisting their participation, but the beautiful forest is now replete with fauna and flora. Although the man is no longer among us, his legacy still exists for all to see, appreciate and enjoy. Truly, a life well spent! When a journalist named D. M. Mohite visited […]
Nearly 50 years ago British MP Enoch Powell gave one of the most racist and controversial speeches in British political history. “Rivers of Blood”, as it came to be known, was a tirade against Indians and Africans coming to work and settle in Britain. To him it was “literally mad” that the country was allowing them in. “It is like watching a nation busily engaged in heaping up its own […]
As the social media campaign calling to boycott the Chinese goods gains momentum, Beijing’s media said that products manufactured by Indian firms cannot compete with those of the China. In a straight-forward op-ed, Chinese daily Global Times today said that New Delhi can only ‘bark’ and do nothing about the growing trade deficit between two countries. “Indian manufacturing cannot compete at all with Chinese products, for various reasons,” it reads. […]
After the day’s drudgery, Saroja gathers her children around her at an underconstruction site in Chamarajpet, Old Bengaluru area, to prepare dinner. It’s only 4.30pm, but such is their routine –early to bed and early to rise. As Saroja, a migrant labourer from Raichur, is about to get on with cooking, a visitor lands at the site. He has in his hand whatever they have been craving for–vegetable pulao, plain […]
