Tag Archives: Modi

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 […]

Moody’s and Modi

Moodys

US based bond credit rating agency Moody’s upgraded Indian government’s bond rating from Baa3 to Baa2. This is one level up from their lowest rating grade. They have changed their outlook of the Indian economy from positive to stable with this upgrade. Modi government ministers and its supporters are terming this upgrade as an endorsement […]