Vodafone Idea: Flogging a dead horse
Vodafone merged with Idea. But the company’s fortune have not changed even after that. In recent news, ATC (American Tower Company) converted its OCD (Optionally Convertible Debentures) to shares. Earlier,…
The Secret Number on Electoral Bonds.
When SBI sold an electoral bond to an entity, it ensured that the KYC (Know Your Customer) norms were fulfilled to its format. That is all the details, name, company…
India’s demographic dividend converted to disaster.
India is a very big country when you measure it by its population. Every sixth human being on the face of earth is an Indian. Out of a total world…
Digital India, an experiment in addiction
Long time ago, the Government of India sold Digital India to its citizens. It told the citizens, don’t use cash, instead use electronic wallets. Our PM even featured in a…
Will Adani’s default kill the banking system, if and when it happens?
There are a lot of posts on social media that have shown the extent of borrowing of Gautam Adani for his various ventures. His total debt stands at around 4,50,000…
Pakistan in economic trouble.
After Sri Lanka, it seems other countries in the sub-continent are also facing economic trouble. The recently deposed Imran Khan Government from Pakistan refused to bow down to the dictates…
S for Shameless
Finance Ministry of India, reacting to RBI report on the effect of Corona in India, has said that the rich too suffered huge losses due to economic downturn. This was…
Lock down caused Rs. 5,26,00,00,00,00,000 loss.
As per a report of RBI which studied the effect of Corona on India’s GDP, India suffered a massive output loss of 52,60,000 Crores. This has been attributed to a…
RBI Governor developing a spine?
A few days ago, in an emergency meeting of RBI board, the central bank raised interest rates by 40 basis points. Till then RBI had been a puppet and a…
20,000 employees to be transferred to new buyer of Citibank Consumer Business
Citibank is exiting 13 markets for its consumer business. India is one of them. Citibank has 20,000+ employees in India. It is now looking for a buyer who will take…
Xiaomi Top Executives threatened….
ED (Enforcement Directorate) froze Xiaomi’s 725 Million US Dollars lying in an account. This translates to 55,79,43,32,500.00 (Fifty Five Thousand Crores). ED charged the top officials of the company of…
Godi Media trying its best to cover up Government’s failure
Headlines scream at you from most mainstream print and web media sources. Imports have risen by 24%. There is cheer all around. But the byline says that the trade deficit…
Supreme Court says Government can’t force vaccination.
Which also means that soon Aadhar Card may not be mandatory for anything. In a landmark judgment, Supreme Court of India made it clear that the Government has no right…
What can you buy with 100,000 Rupees?
It all depends. If you have friends in high places, you can even buy a company whose estimated worth is 550 Crores but which was sold for 210 Crores. If…
Corruption
Delhi
Economy
Election Politics
Finance Ministry
Hindu Rashtra
Indian Budget
Inflation
Job Loss
National Politics
Indians are highly tolerant….
Of late many on social media and elsewhere have written about Indians not being tolerant and therefore there were a lot of problems in the country. I think all of…
It’s official, we will recover only by 2035
RBI has put out a report which studied the effect of Corona on our economy. It calculated that during the pandemic we lost 52.60 Lakh Crore of Output value in…
Bharat Net
Economy
Election Politics
Finance Ministry
Information and Broadcast
Information Technology Industry
Bharat Net, assured profits for some….
Almost two decades ago, it was decided that all villages in India will be connected by a Fiber Optic network. In the initial phase, 2,50,000 villages were to be connected…
Bharat Net. Net Profit for Some.
Bharat Net is the ambitious fiber optic network program to connect 2,65,000+ villages of India. Started almost 20 years ago, the plan lags in implementation and the costs have escalated…
1900 Crore Deficit for Infrastructure Projects…
The Finance Minister has not allotted over 1900 Crores in this financial year (2022-2023) that was supposed to flow to infrastructure projects. The Parliamentary Standing Committee on the issue has…