Economy
Civil Aviation Policy: Subsidize the Rich, Corporates and Foreign Companies

D. Raghunandan

14th July 2016

 

It is by now clear that the settled policy framework of the Modi government is to pump in public investment for infrastructure, services, taxes and other incentives for corporates and higher income groups in the belief that this will stimulate further investment especially FDI, wealth creation and GDP growth which will in turn, hopefully and ultimately, trickle down to the less well-off or at least lead to a “feel good” factor. No matter that experience the world over teaches that this only leads to further income disparity, shrinking of real incomes, and sh ...

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Bitcoin: Has the Real Nakamoto Stepped Forward?

Prabir Purkayastha

7th May 2016

 

Who is Satoshi Nakamoto and why should we even bother knowing who he is? Nakamoto is the pseudonym of the person who created the cryptocurrency Bitcoin, who till this week, was just a name. Craig Wright, an Australian computer scientist and entrepreneur, who had earlier also been linked to Nakamoto, stepped forward this week with the claim he is indeed the iconic Nakamoto and responsible for starting Bitcoin.

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D. Raghunandan

20th June, 2014

 

The only reason there is a question mark at the end of the title is that, although a Policy Note is pending consideration by the Cabinet, the BJP-led government has not yet announced its decision. But the drumbeats in support of a policy to further liberalise the defence manufacturing sector to FDI are growing louder, led by Indian corporates with clear vested interes ...

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Hell bent on water privatization in Delhi

D. Raghunandan

6th September, 2012

It seems the Sheila Dixit government of Delhi, backed by powerful elements in the UPA-II central government, will let nothing stand in the way of water privatization in the capital. Several earlier attempts going back many years to fully or partially privatize distribution of water, especially the big loan application to the World Bank in 2005, were foiled by vigilant community organizations, public interest groups, t ...

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Last Updated on Saturday, 06 April 2013 08:36
 
Facebook Founder Worth $ 20 billion Even After IPO Fiasco

Prabir Purkayastha

8th June 2012


Last month, Facebook launched its much hyped Initial Public Offering (IPO) and promptly lost more than 25% of its valuation within ...

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Last Updated on Saturday, 06 April 2013 09:28
 
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