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Economy

A photo of former CAG Vinod Rai

Body headed by Vinod Rai says govt rejected suggestions for reforms in public sector banks

Calling for greater dialogue with the finance ministry, Bank Boards Bureau says it is merely functioning as an appointment board.

Facebook besieged by Wall Street, Washington and Europe

Facebook has struggled to respond to the allegations following the Cambridge Analytica data breach, and their own employees have been in the dark.
Artificial intelligence

Artificial intelligence-based warfare is the new space race among nations

Proliferation of Machine Intelligence capabilities in the commercial sector will provide low-cost access to intelligent systems, may spur unexpected threats.
Founding members of Bigbasket

How lessons from the dotcom bust fueled India’s largest e-grocer, BigBasket

Bigbasket founders turned their six-year-old startup into India’s biggest e-grocer, raising $950 million last month. Tech startups are typically founded by young entrepreneurs with more...
A file photo of Prime Minister Narendra Modi | PIB

There may have been reasons to support Modi in 2014, ‘right-wing economics’ wasn’t one

Modi govt’s tenure has been a case of squandered opportunities and a ‘lost half a decade’ for the prosperity of Indians.
Kumar Mangalam Birla

Kumar Mangalam Birla challenging India’s new bankruptcy law is a good thing

India’s bankruptcy code is new, and it’s a well-worn tradition of common law for new legislation to be made roadworthy by litigation, both real & frivolous
Billboard for Reliance Jio Infocomm Ltd.

Mukesh Ambani isn’t the king of telecom; content is

The industry is complaining bitterly but consumers are too busy watching movies on their phones to pay much attention.
File photo of French President Emmanuel Macron and Indian Prime Minister Narendra Modi enroute from Varanasi to Mirzapur | @narendramodi

France is working with India to come up with unique ‘jugaad’ solutions to problems

France’s strong science and engineering capabilities, combined with the Indian concept of jugaad, or frugal ingenuity, could help us solve problems that threaten all of humanity.

Modi govt passes bill to reduce discretionary powers of courts in infrastructure disputes

It will ensure damages to an affected party in case of breach of contract, to facilitate ease of doing business.
Nirmal Jain, IIFL

Nirmal Jain: The commodities trader who became a billionaire by managing India’s new money

The Mumbai banker’s $20 billion private-wealth-management unit has become India’s biggest by assets. Nirmal Jain has hit the jackpot serving the new rich in the...

On Camera

There have been numerous calls to boycott Chinese goods in India since 20 soldiers were killed in a clash with Chinese troops in the Galwan Valley along the LAC in Ladakh | Photo: ANI

Chinese investments enjoy treaty protection. Beijing can drag New Delhi to tribunals

India has a Bilateral Investment Treaty with China since 2007. The treaty provides foreign investors the right to fair and equitable treatment.

Indian lawsuits allege former Wirecard COO played key role in deals later mired in disputes

The suits allege Marsalek took part in negotiations leading to the acquisition of Hermes by a Mauritius-based private equity fund in 2015.

Defence

Prime Minister Narendra Modi meets soldiers who were injured in Galwan Valley clash, during his visit to Ladakh, in Leh on 3 July 2020 | ANI

Modi dares China, tells Indian Army ‘our enemies have seen your fire and fury’

China sees Modi’s visit as an attempt to ‘escalate’ the situation. Experts say the visit was a powerful message to China to not escalate the matter.
Illustration by Soham Sen | ThePrint

It’s time for China, Pakistan, even India to rethink the fantasy Modi called expansionism

India, China and Pakistan all want territory from another. But it’s a pursuit doomed to fail as they can’t get it without annihilating the other.