Last week the Indian financial sector was rocked by another US$ 2 billion scam in the Punjab National Bank (PNB). According to latest reports the total scam amount can go up to US$ 3 billion. The main perpetrators of this scam are the famous jeweler Nirav Modi and his uncle Mehul Choksi, owner of another […]
Author Archives: Madhusudan Raj
07
Feb
Feb
In recently announced budget the finance minister of India Mr. Arun Jaitley launched an ambitious government healthcare program. He dubbed it as Modicare like Obamacare in America, which the present President of USA Mr. Donald Trump is trying to dismantle. This new program, which is touted as the biggest healthcare program in the world, will […]
31
Jan
Jan
Indian movie industry Bollywood is known mostly for its romantic movies. Apart from these typical romantic movies it has little to offer to those who are looking for representation of variety of cultural ideas and values. In the spectrum of these varied cultural ideas one idea that is almost totally missing is the idea of […]
24
Jan
Jan
India’s Prime Minister Narendra Modi in his latest Davos World Economic Forum speech, which he delivered in Hindi and caused surprise and flurry in delegates who had to reach for their translation headsets quickly, defended globalization and attacked the increasing trend of protectionism around the world, especially in United States under President Donald Trump. Does […]
20
Jan
Jan
Decades old investment treaty with foreign governments was scrapped last year by the Modi government. The new treaty, which is offered by the Modi government to foreign investors, is having terms and conditions that give no protection to foreign investors, which is the reason why they are now reluctant to enter the Indian market: Negotiators […]