arun jaitley

How Modi lost his mojo and Rahul roared to life on Twitter

How Modi lost his mojo and Rahul roared to life on Twitter

“Is Rahul Gandhi stupid?” “Of course.” “Why so?” “I’ve seen his speeches.” “Have you ever seen an entire speech?” “No.” I tried this conversation over…
#CBIvsCBI: India’s top investigative agency is imploding

#CBIvsCBI: India’s top investigative agency is imploding

The internecine battle within India’s top investigative agency has come into full public view in spectacular fashion. On Oct. 22, the Central Bureau of Investigation…
Indian police end the party for the country’s first cryptocurrency ATM

Indian police end the party for the country’s first cryptocurrency ATM

Life for India’s first cryptocurrency ATM has turned out to be short. Last week, the virtual currency exchange Unocoin had set up the country’s first…
India’s central bank refuses to give up control of the payments ecosystem

India’s central bank refuses to give up control of the payments ecosystem

Who gets to govern India’s thriving payments ecosystem? The matter has become the latest bone of contention between the country’s central bank and prime minister…
One of India’s biggest cryptocurrency exchanges has moved to Malta

One of India’s biggest cryptocurrency exchanges has moved to Malta

Tight regulatory supervision in India is forcing digital currency exchanges to leave the country for foreign shores. Zebpay, one of India’s largest virtual currency exchanges…
India gets its first cryptocurrency ATM amidst the central bank’s crackdown

India gets its first cryptocurrency ATM amidst the central bank’s crackdown

A new ATM in Bengaluru’s Kemp Fort Mall has become the latest face of the stand-off between India’s crypto-community and its banking regulator. The cryptocurrency…
The Indian rupee has hit another historic low after a surprise from the central bank

The Indian rupee has hit another historic low after a surprise from the central bank

India’s central bank was widely expected to increase the benchmark interest rate today (Oct. 05), the third straight hike this financial year. A rate increase…
Timeline: The scam that undid one of India’s most celebrated female bankers

Timeline: The scam that undid one of India’s most celebrated female bankers

As the curtains fall on Chanda Kochhar’s career after nearly a decade at the helm at ICICI Bank, an era in Indian banking has ended.…
India’s law reform committee accepts cryptocurrency as a valid mode of payment

India’s law reform committee accepts cryptocurrency as a valid mode of payment

India’s embattled cryptocurrency ecosystem may have just got a lifeline from another contentious debate: whether or not to legalise sports betting in the country. The…
India’s cryptocurrency saga enters a crucial phase in the supreme court today

India’s cryptocurrency saga enters a crucial phase in the supreme court today

All eyes in the Indian cryptocurrency ecosystem are on the country’s top court. Starting today (July 20), the supreme court will resume hearings in the…
There was zero growth in India’s job market in 2018

There was zero growth in India’s job market in 2018

The number of formally employed Indians may have fallen marginally in financial year 2018. It declined by 0.1% from 406.7 million the previous year to…
India may not ban cryptocurrency after all

India may not ban cryptocurrency after all

After months of uncertainty, there are indications that India may not, after all, opt for a blanket ban on virtual currencies. A finance ministry panel…
How India choked its cryptocurrency ecosystem to near-death

How India choked its cryptocurrency ecosystem to near-death

From glorious highs to rock bottom, Indians hooked to cryptocurrencies have seen it all in the last year. In 2017, the price of a bitcoin,…
India’s economy is starting to look like a ship without a captain

India’s economy is starting to look like a ship without a captain

Ahead of the 2019 general elections, prime minister Narendra Modi’s economic team is looking a little thin. Asia’s third-largest economy is currently without a full-time…
Five questions India’s central banker could face at his parliamentary grilling

Five questions India’s central banker could face at his parliamentary grilling

Around three years since the Reserve Bank of India (RBI) began the toxic loan clean-up, Indian banks’ financial health has gone from bad to worse.…
What you should know about the rupee’s slide and what it means for the economy

What you should know about the rupee’s slide and what it means for the economy

The Indian rupee hit a fresh 15-month low against the dollar on May 08. Despite the Reserve Bank of India (RBI) reportedly stepping in to…
India must decide if it hates cryptocurrencies more than a good oil deal

India must decide if it hates cryptocurrencies more than a good oil deal

Venezuela, the world’s second-largest crude oil producer, is learnt to have offered a 30% discount on India’s petroleum imports from there—but only if payments are…
India’s Opposition to Take Chief Justice Dispute to Top Court

India’s Opposition to Take Chief Justice Dispute to Top Court

India’s opposition parties have vowed to take their controversial bid to initiate an impeachment motion against the country’s chief justice to the Supreme Court.

India's Top Judge Faces Challenge Amid New Judicial Crisis

India’s opposition parties are seeking the impeachment of the country’s chief justice over allegations he misused his authority to influence the outcome of politically-sensitive cases.
The biggest fraud in Indian banking history just got bigger

The biggest fraud in Indian banking history just got bigger

Punjab National Bank (PNB), India’s second-largest government-owned lender, has said that the quantum of fraud uncovered at one of its Mumbai branches earlier this month…