The Sinister Edge Behind Notebandi

By Imlifactory A Delhi businessman negotiated over many tense months to sell a large residential plot in West Delhi. Finally, the deal was struck. As is the norm in many parts of India, part of the proceeds was to be delivered in cash. So, the buyer deposited Rs 10 crore ($1.5m) to a house in … Continue reading The Sinister Edge Behind Notebandi

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Don’t map the economy by business award nights 

India Inc's answer to Royal Ascot is the big business awards night. Fronted by the country's largest-selling pink paper, the Economic Times, it is our business icons' Oscar moment. As page after page of cloying coverage in the ET today reveal, it's an impressive gathering of big business and politicians. But do these much-vaunted awards … Continue reading Don’t map the economy by business award nights 

Beyond Doklam, it’s really Digital India vs China

In the Fall of 2008, bang in the middle of those crazy days that are now dubbed as the global economic crisis, I interviewed British historian Niall Ferguson. When I asked him whether the global economic crisis marked the end of the "American Century", the counter-factual historian was dismissive. "I wouldn’t really believe in the … Continue reading Beyond Doklam, it’s really Digital India vs China

NITI Aayog new chief’s smooth U-turn on IMF

Rajiv Kumar, Vice-Chair Niti Aayog. Pic: Livemint The new boss at NITI Aayog Rajiv Kumar has set the swadeshi cats among the pigeons. Days after taking charge after the choreographed exit of economist Arvind Panagariya, Kumar hit out at the proverbial "foreign hand". He said the days of foreign-trained economists driving Indian policy were numbered, … Continue reading NITI Aayog new chief’s smooth U-turn on IMF

Galle Fort is not a ‘real’ city! So, why is it so much fun?

I have an issue with cities (or enclaves within cities) that exist solely for the purpose of tourism. Like Venice. For many, it's a once-in-a-lifetime place to visit, but I found Venice empty and boring (not so if you like sipping wine next to a smelly nalla.). There are no "normal" people, going to work … Continue reading Galle Fort is not a ‘real’ city! So, why is it so much fun?