Author and journalist Sitaram Sharma relives the story when he was with Indira Gandhi, former Prime Minister, Government of India on the day Pakistan attacked five of India’s air bases to start the 1971 war. It was December 3, 1971 and the author was at the Raj Bhawan in Kolkata. This article also...
The global economy is facing severe headwinds;as such the economies of most countries are facing downturns. The global economic growth is projected at about 3%. The situation in India is similar. But there is a slight difference because the Indian government is taking some proactive measures to coun...
Non-performing assets (NPAs) have become a major challenge for both public and private sector banks in India. In the exuberant milieu that started way back in 2004-05 and continued for three years until the global financial crisis in 2008, large corporations conceived major project proposals in capi...
In the economic history of our country, there have been some significant developments in the formulation, enunciation and management of fiscal policies over the last decade. In this era, concerted efforts have been made to simplify the tax structure. Introduction of the Direct Tax Code (DTC) and GST...
One highlight of the evolution of international relations in recent years has been the shifting of the axis of global politics to Asia and the rise of developing countries and emerging economies, especially India and China, which has profoundly impacted the international structure. When Chinese lead...
The year 2017 had a number of significant events both domestically and internationally. We witnessed, continued rising of “right wing” political ideology, a defining moment of the same, was the unprecedented and unanticipated outcome of the US Election. We have already seen right-wing ideology t...
