black money

What Indians think of demonetisation, three years after the jolt

What Indians think of demonetisation, three years after the jolt

A quarter of Indians believe there was no real benefit from the drastic move.
The key players who could challenge Modi’s bid for India’s prime ministership

The key players who could challenge Modi’s bid for India’s prime ministership

Many names could emerge if a united opposition challenges BJP.
Here’s why India’s electoral bonds make political funding even more opaque

Here’s why India’s electoral bonds make political funding even more opaque

The information on donors is not public, so voters remain in the dark.
Joblessness is worsening India’s social and gender inequalities

Joblessness is worsening India’s social and gender inequalities

Next year, India is expected to overtake China as the world’s most populous country.
Black-Owned Bank OneUnited Offers the Blackest Royalty Bank Card Money Can Buy

Black-Owned Bank OneUnited Offers the Blackest Royalty Bank Card Money Can Buy

Just when you thought it couldn’t get no blacker … BLAOW! Turns out that royalty is in more than our DNA; it’s in our ATMs, too. Read more...
Everything you need to know about India’s parliamentary election

Everything you need to know about India’s parliamentary election

The world's largest democracy begins voting for a new national government this week. Here's what's at stake.
Why GST hasn’t helped fulfil Modi’s promise on black money

Why GST hasn’t helped fulfil Modi’s promise on black money

The underlying cause of the black economy is political.
How money lubricates politics in the world’s largest democracy

How money lubricates politics in the world’s largest democracy

Demonetisation seriously inconvenienced political parties taking donations in cash.
Small-town India is splurging on luxury—and here’s what it’s buying

Small-town India is splurging on luxury—and here’s what it’s buying

Overall luxury spending grew by 4% between 2013 and 2018 in the country.
The good, the bad, and the ugly of Narendra Modi’s economic legacy

The good, the bad, and the ugly of Narendra Modi’s economic legacy

Narendra Modi, the prime minister, was a product of the mass exasperation against the misdeeds of the previous government. The regular revelation of corruption scandals,…
India’s Rs2,000 notes were always meant to be phased out

India’s Rs2,000 notes were always meant to be phased out

India’s crisp, pink Rs2,000 notes are a grim reminder of the massive demonetisation exercise prime minister Narendra Modi’s government undertook in November 2016. The overnight…
Narendra Modi says he cleansed the Indian economy and now it is primed for growth

Narendra Modi says he cleansed the Indian economy and now it is primed for growth

Narendra Modi hasn’t wasted any time. The Indian prime minister began 2019, a year he will be seeking re-election, with a broad defence of even…
A new board game lets you play Indian politics—dirty, sly, and ruthless

A new board game lets you play Indian politics—dirty, sly, and ruthless

Spreading fake news, bribing media outlets, and exploiting caste tensions are all tactics that Indian political parties have for long been accused of using to…
Modi’s former chief economist explains why demonetisation was popular despite the pain

Modi’s former chief economist explains why demonetisation was popular despite the pain

On Nov. 08, in a dramatic nationally televised speech that I watched in my room in North Block, the prime minister announced that the top…
If You Want to Understand the Economics of Institutional Racism, Read This

If You Want to Understand the Economics of Institutional Racism, Read This

To properly understand white supremacy and institutional inequality, there is no need to study the Ku Klux Klan or ask why you can’t say the n-word. Racism has less to do with the hate in one’s heart
India’s obsession with renaming cities will tear its society apart

India’s obsession with renaming cities will tear its society apart

When I began writing this column, Mughalsarai had become Deendayal Upadhyay Nagar, Allahabad had become Prayagraj, and Faizabad district had become Ayodhya. When I was…
RBI versus Modi government: Timeline of a bitter battle

RBI versus Modi government: Timeline of a bitter battle

India’s financial markets are on heightened alert ahead of a crucial board meeting of the country’s central bank today (Nov. 19). The build-up to the…
Why India’s supreme court allowed linking Aadhaar with PAN

Why India’s supreme court allowed linking Aadhaar with PAN

The supreme court’s verdict on India’s Aadhaar Act, pronounced last week (Sept. 26), walks a fine line between an individual’s right to privacy and the…
How to Lose $3 Billion of Bitcoin in India

How to Lose $3 Billion of Bitcoin in India

Accusations of tax evasion and police corruption, a kidnapper who was kidnapped, a fugitive politician, and billions in bitcoin lost. This is crypto-trading Gujarat-style.