Reading between the lines: PM’s speech on New Year’s Eve

PM Narendra Modi’s speech on New Year’s even has less surprises. However, the speech contains inherent messages that give an idea of how the economic policies are going to take shape in the next few weeks that lead to the budget.

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Categorized as Economy

High Denomination Notes Cease To Be Legal Tender

PM Modi Announces cancellation of the legal tender nature of India’s High Denomination notes of Rs. 500 and 1000. How do we make the transition to new currency notes smoother?

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Categorized as Economy

Driverless Cars: Moral and Legal Considerations

Driverless cars are no longer a fantasy. Despite being far from general purpose use, this technology is evolving leaps and bounds, thanks to players like Google and Tesla making steady progress on this technology. As the technology evolves and enters into public life, several legal and moral issues are going to crop up. The recent… Continue reading Driverless Cars: Moral and Legal Considerations

Data Insurance: to Limelight and Mainstream

In contrast with other essential elements of human life like death and taxes, the history of insurance has been very short. However, in terms of evolution, the concept of insurance has been constantly changing and continuously embracing new domains. Insurance of properties, life, health, beauty, athletic talent and limbs are very trivial now. Data insurance,… Continue reading Data Insurance: to Limelight and Mainstream

Free is costlier in reality

As elections are getting closer, political parties in India are announcing more and more populist schemes across India. None of the major national parties or prominent regional parties are exception to this. Even though these populist schemes work in the short term to please masses (and in return fetch votes), the impact of these schemes… Continue reading Free is costlier in reality

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Categorized as Economy, Misc

RBI Rate Hike

The chain of recent rate hikes by RBI, including the one yesterday, is going to hit the pockets of middle class severely. The increase in repo and reverse repo rates will make owning homes and cars dearer, putting pressure on middle class to stay where they are in terms of infrastructure and lifestyle. This will… Continue reading RBI Rate Hike

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Categorized as Economy

Railway Budget

This year’s railway budget is not at all impressive. Especially for the state of Andhra Pradesh, the amount of budget allocations are very poor. For example, a project with a few hundred crores of estimate is allocated with about a crore of budget. This budget never focused on any of the infrastructure improvement projects in… Continue reading Railway Budget

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