by Madhusudan Raj The present Narendra Modi government of India issued orders banning the selling of cattle (cow and buffalo) beef a couple of days ago. This diktat has created a fury in various Indian states, especially the southern states and the state of West Bengal both of which have now announced that they will […]
Tag Archives: India
20
May
May
The Narendra Modi government is ready to implement its new tax regime viz., GST (Goods and Service Tax) from the month of July 2017. They have now announced the applicable tax rates for some 1211 products. The Finance minister Arun Jaitley is telling that under this new tax regime tax filing will become simple and […]
12
May
May
Since the Narendra Modi’s BJP government came to power in 2014 the dreaded military industrial complex[1] is taking its firm roots in India e.g., recently the present defense minister of India Mr. Arun Jatiley held consultations with representatives of Chambers of Commerce and Industry (CII) on the proposed Strategic Partnership (SP) model meant to promote […]
11
May
May
The Indian companies are trapped between the Scylla of worsening economic condition world over – e.g., rising nationalism and its corollary protectionism, slowing world economy amidst the huge government, corporate and household debt overhang, increasing trend of automation amidst socialist economic policies etc., – and the Charybdis of increasing government interference, in the form of […]
08
May
May
A recent Presidential Ordinance legally empowered the Reserve Bank of India (RBI) to enforce expeditious resolution of non-performing assets (NPAs), aka bad loans, of Indian banks. The problem of Nonperforming Assets (NPAs) of banks has become very grave over a period of time. According to estimates Indian banks, mostly public sector banks like the SBI, […]