The Indian budget every year has always been an eagerly awaited event. For many decades, the best minds in economics, finance, tax, business and industry throng the media house to analyze the provisions shared by the Financial Minister.
Sometimes major events completely disconnected may be data points for the plans of the different powers around the world. The challenge is to discern what purpose they serve? More critically, what are we moving towards?
When the US Ambassador threatened India's "Strategic Autonomy" policy over India's friendship with Russia - much more than meets the eye was at stake. Let us unpack how the Ukraine war has fundamentally changed the US and the world. And why are we here anyway?
In what Republic TV says is a clincher email, which gives the money trail for bribes paid to a company linked to Karti Chidambaram. It is an email by Chartered Accountant sharing the offshore bank account, where the moneys were received. This email discusses the amount received in the accounts of Geben Trading Limited, a shell company in Greece.
The report says that the money was received in a UBS account.
Apparently, as per the news report, 6 companies benefited from FIPB approval granted by the UPA government. These companies, Republic TV says, received kickbacks. Invoices were raised for ostensibly Karti’s company as consultancy charges.
The Republic TV news reports suggest that $12 million pay off was received by Karti Chidambaram’s firm. The moneys were sent as “consultancy charges”.
The Indian budget every year has always been an eagerly awaited event. For many decades, the best minds in economics, finance, tax, business and industry throng the media house to analyze the provisions shared by the Financial Minister.
When the US Ambassador threatened India's "Strategic Autonomy" policy over India's friendship with Russia - much more than meets the eye was at stake. Let us unpack how the Ukraine war has fundamentally changed the US and the world. And why are we here anyway?
This visit of India left me with many questions. Many observations and inputs from different people and sections. Food for thought that I have tried to contemplate on and make sense of. Sharing all that with you.
When you analyze the last 60 years of the economic miracles of Singapore, South Korea and Malaysia versus the continued impoverished Indian economy, you get very interesting lessons. Can Indians have the wherewithal in them to do in one generation so that the coming generations may rise?
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