arun jaitley

Chaotic Tax Reform Has Led to Revenue Loss in India

Chaotic Tax Reform Has Led to Revenue Loss in India

Trucks outside the Caravan Roadways office at Sanjay Gandhi Transport Nagar in Delhi. Photographer: Udit Kulshrestha/Bloomberg
Demonetisation burnt a $5.5 billion hole in the Modi government’s pocket

Demonetisation burnt a $5.5 billion hole in the Modi government’s pocket

Hardly anyone managed to come out unscathed from the disruptive note-ban exercise carried out by prime minister Narendra Modi in 2016—not even the government. The…
How should India regulate the ticking time bomb called bitcoin?

How should India regulate the ticking time bomb called bitcoin?

Regulators in developing countries around the world have repeatedly expressed concern against the trade of cryptocurrencies like bitcoin. The gold rush, however, remains unabated, attracting…
After China, India’s central bank warns: Beware of bitcoin

After China, India’s central bank warns: Beware of bitcoin

Over the weekend, it was China’s central bank. Then, on Tuesday (Dec. 05), the Reserve Bank of India (RBI) warned investors against betting on bitcoin…
The history of how Delhi’s air pollution got so toxic

The history of how Delhi’s air pollution got so toxic

It was April 1999 and I was at my first press conference. It had been organised to tell the world that we had received a…
Modi Approves $14 Billion for India’s Rural Road Network

Modi Approves $14 Billion for India’s Rural Road Network

Prime Minister Narendra Modi is planning to spend an additional 900 billion rupees ($14 billion) to provide road connectivity in India’s remote villages by March 2020, officials with knowledge of the
India’s central bank is shutting the door on bitcoin and other crypto-currencies

India’s central bank is shutting the door on bitcoin and other crypto-currencies

Crypto-currencies may be one of the most intriguing subjects in the world of finance right now but they have failed to impress India’s central bank.…
A super elite club of lawyers dominates India’s justice system. How long will it rule?

A super elite club of lawyers dominates India’s justice system. How long will it rule?

An oligarchy rules India’s courtrooms. It dons fancy robes and bills premium fees. Still, litigants desire it, junior lawyers suffer it, and judges respect it.…

Dina Wadia: Jinnah’s daughter, and a symbol of India and Pakistan’s tumultuous history

Dina Wadia, the 98-year-old daughter of Pakistan’s founding father Muhammad Ali Jinnah, is no more. Rarely seen or heard in public, Wadia has remained an…
India has finally become a better place to do business

India has finally become a better place to do business

There’s some good news coming in for the Narendra Modi government: India has managed to pull off quite an impressive show by moving to the…
India Jumps to 100th Spot in Ease of Doing Business Rankings

India Jumps to 100th Spot in Ease of Doing Business Rankings

Prime Minister Narendra Modi has made it easier to do business in India, according to the World Bank, which showed the country moving up 30 places from last year’s ranking.
Four charts and a table: more proof of India’s job crisis

Four charts and a table: more proof of India’s job crisis

It’s been a tough year for India’s jobs market. Between January and April alone, some 1.5 million jobs were lost, according to the Centre for…