Tag Archives: Modi

Protectionism and Its Consequences

Globalization is in retreat and protectionism is again rising its head worldwide. Recently the American President Donald Trump announced that he will impose very steep tariffs on imported steel, aluminum products and cars . In retaliation the EU has threatened to impose heavy tariffs on American imports in EU. Trump is also waging a trade […]

The Real Lesson of 2G Scam Verdict

So after a decade the verdict of the CBI court for the very famous 2G scam, which was in a way responsible for the demise of the UPA government, came out yesterday. And it was a dud! The court acquitted all the accused, including two main ones D Raja and Kanimozhi, saying there is no […]

The Realities of “Make in India”

  Until a couple of decades back, Indian politicians were restricted to using only Indian cars, the now extinct Ambassador or Premier Padmini. The cars of the President and the Prime Minister, however, except for the facade, contained engines and other mechanisms imported from Germany, etc. Both companies have since gone the way of the […]

Your Money in Bank is not Safe!

If Narendra Modi and Arun Jaitley get their way then when next time some bank will fail in India they will be legally allowed to confiscate all your hard earned saving, that you have deposited in that bank in the form of savings or term deposit accounts etc., to rescue themselves. Because doing so will […]