Narendra Modi

India May Treat Cryptocurrencies as Commodities Rather Than Ban Them

1 day ago admin2 0
India is reportedly not going to issue a blanket ban on cryptocurrencies, but may label them as commodities, according to a source familiar with the situation. In a report from Quartz, a senior government official, who requested anonymity, stated that they don’t think the panel set up to look into digital currencies ‘is really thinking Read More

It’s time to say ta-ta to the world’s cheapest car

5 days ago admin2 0
The idea of the world’s cheapest car was conceived by Ratan Tata on a rainy day after he saw a family of four on a bike. “The fact of unsafe travel was bothering me,” Tata, the erstwhile chairman of the Tata group recalled in an interview in March 2011. “What really motivated me…was constantly seeing Read More

India is now the most dangerous country in the world for women

3 weeks ago admin2 Comments Off on India is now the most dangerous country in the world for women
India is now the worst place in the world to be a woman. The country has topped the list of the most dangerous countries for women, thanks to widespread sexual violence, retrograde cultural practices, and trafficking, according to a poll by the Thomson Reuters Foundation. In 2011, when a similar poll was last conducted, India Read More

Donald Trump is the oldest elected leader of a major world power

1 month ago admin2 Comments Off on Donald Trump is the oldest elected leader of a major world power
Donald Trump turns 72 today, becoming only the second US president to hit that age while in office. Serving two terms would see him overtake former president Ronald Reagan, who was two weeks shy of 78 when he left office. While in office, the real estate mogul has surrounded himself with people of his generation. Read More

With $2.5 billion of M&As in 2018, India’s renewables sector is set for a leap

1 month ago admin2 Comments Off on With $2.5 billion of M&As in 2018, India’s renewables sector is set for a leap
In just the first half of the year, India’s booming renewable energy sector has seen merger and acquisition (M&A) deals worth over $2.5 billion (around Rs16,631 crore). In April, ReNew Power, India’s largest renewable energy company, acquired New Delhi-based Ostro Energy for around $1.5 billion, what has been the biggest such deal in the country Read More

Five questions India’s central banker could face at his parliamentary grilling

2 months ago admin2 Comments Off on Five questions India’s central banker could face at his parliamentary grilling
Around three years since the Reserve Bank of India (RBI) began the toxic loan clean-up, Indian banks’ financial health has gone from bad to worse. Problems like the growing pile of non-performing assets (NPAs), recurring frauds, and cash mismanagement have crippled the sector. On June 12, RBI governor Urjit Patel is likely to face questions Read More

Why a 100-year-old Indian company is investing billions into renewable energy

2 months ago admin2 Comments Off on Why a 100-year-old Indian company is investing billions into renewable energy
Tata Power, one of India’s largest thermal power companies, is making a $5 billion bet on the country’s renewable energy sector. Over the next decade, the 103-year old company plans to quadruple its clean energy capacity, taking it from around 3,417 megawatts (MW) now to around 12,000 MW. The company currently has a total installed Read More

Indians abroad are again sending tonnes of money back home

3 months ago admin2 Comments Off on Indians abroad are again sending tonnes of money back home
India’s overseas population is back to sending home huge sums of money—even more than what the World Bank expected. In 2017, India received $69 billion in remittances, higher than any other country. This is also higher than the earlier World Bank estimate of $65 billion and marks a nearly 10% rise over the previous year, Read More

The world’s largest democracy is out to stifle its already docile press

4 months ago admin2 Comments Off on The world’s largest democracy is out to stifle its already docile press
Press freedom in India has taken a dangerous turn a year before the country’s next general elections. On April 02, the Narendra Modi-led government said it had amended the guidelines for accreditation of journalists so as to punish those accused of producing “fake news.” According to the new rules, the first instance of violation would Read More