Note ban: Banks the weak link
By Vijay Darda | 12-12-2016 In the one month after Prime Minister Narendra Modi’s decision to withdraw Rs 500 and Rs 1000 currency notes, it has become increasingly clear that the banks are the weakest link in the demonetisation chain. We have been told of the hard work that the bank employees have put […]
Critical economists, silent PM
By Vijay Darda | 28-11-2016 Prime Minister Narendra Modi’s decision to demonetise Rs 500 and Rs1000 currency notes has literally stunned the country. It is his declared intent that the decision has been taken to unearth the black money that is eating into the vitals of the economy. The reality is that there is […]
Uncertainty after Trump’s triumph
By Vijay Darda | 14-11-2016 The American establishment and by its extension the rest of the world was preparing for an era where a woman would be the president of the oldest democracy. This was supposed to be a natural transition in a modern country that had elected a ‘black’ Barack Obama for two […]
Modi’s disruptive innovation
By Vijay Darda | 11-11-2016 Special Report In the field of business and technology, this is the era of disruptive innovation. Displaying his quintessential Gujarati entrepreneur’s character, Prime Minister Narendra Modi has unleashed the most disruptive innovation for the economy. He fully understands that India is a predominantly cash economy, and has thus withdrawn […]
Our rupee related woes
By Vijay Darda | 26-08-2013 It may sound like a case of told you so, when some calamity strikes and a friend tells you that he had warned about it beforehand, and you had dismissed his caution with derision. You are left with no option but to wring your hands, and live through the […]