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The first phase of India's radical demonetization experiment was over in December. Indian Prime Minister Narendra Modi made waves in November with his surprise announcement that the country's 500- and 1,000-rupee notes - 86 percent of the cash in circulation - would be discontinued overnight. Dec.

India pays the price of Demonetization

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"We need more satire and humour," says Prime Minister Modi. When I read this, I immediately called our in-house meme expert Divya, who is always at the receiving end of Modi's bhakts. Her tongue-in-cheek takes are trolled by those who are followed on social media by the Prime Minister himself.

Dear PM, We Love Satire & Humour, But Your Followers Need Lessons

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The International Monetary Fund said Monday that India's economy has fallen back behind its northern neighbor China. India is estimated to have grown at 6.6% in 2016 compared with China's 6.7%, according to the IMF's World Economic Outlook.

India no longer the world's fastest-growing economy: IMF

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Asked for the bill at a restaurant in Chennai, got this sweet note instead :)

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The court also issued notices to the Telecom Regulatory Authority of India, online messaging service WhatsApp and the social networking site Facebook.

SC notice to Centre: regulate WhatsApp, Facebook

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The NDA government's ambitious Rs 9,393-crore Ken-Betwa inter-state river linking project is likely to be launched in the first quarter of 2017 as it has got almost all clearances, while funding pattern will be sorted out soon, Union Minister Uma Bharti said today.

India May Soon Begin Rs 9,300 Crore Project To Link Ken And Betwa Rivers

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On Dec. 30, 2016, Indian prime minister Narendra Modi cajoled president Pranab Mukherjee into promulgating the Specified Bank Notes (Cessation of Liabilities) Ordinance, 2016. Two days later, on Jan. 2, 2017, the supreme court, in a separate matter, delivered a verdict that changed the law of…

Silently, India's supreme court has set off a chain of events that could torpedo Narendra Modi's demonetisation move

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limit on withdrawal from current accounts has been enhanced from the ...ATM withdrawal limit to Rs 10,000 but retained the weekly ceiling at Rs 24,000. ...RBI had increased the daily withdrawal limit from ATMs to Rs 4,500 from ... from the currentlimit of Rs 50,000 per week to Rs 1 lakh per week…

RBI raises per day ATM withdrawal limit to Rs 10,000. Weekly withdrawal limit for current accounts increased to Rs 1 lakh.

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Online grocers BigBasket and Grofers have held merger talks, though these discussions are preliminary and have moved slowly so far. If the deal goes through, it will be one of the most significant moves made towards bringing about consolidation in a cash-guzzling consumer internet economy.

BigBasket, Grofers explore merger

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China on Monday said admission of non-NPT signatories in NSG cannot be a "farewell gift" for countries to give to each other, a day after the outgoing Obama administration asserted that Beijing was an "outlier" in the efforts to make India a member of the elite nuclear club.

India's NSG membership can't be farewell gift: China to US

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A bull that is used to play the Jalli Kattu sport in training.

This is an indigenous breed from Tamilnadu that has been preserved just because of the sport for many hundreds of years now. Look at its backward curving horns, the musculature, the strength, the beauty of this beast. Does it look like an abused animal like PETA and other foreign-funded organizations claim?

While other desi cows...
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The government may introduce a fat tax on junk food and sugary beverages in the upcoming budget, say various media reports. The Union Budget 2017 is to be presented on 1 February in Parliament.

Fat tax in works: If Narendra Modi approves, everything from Maggi to pizzas could fall in net

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A panel has recommended reservation for girl students in IITs to address the issue of slump in the number of female students entering the prestigious institutes. The committee is learnt to have suggested creating up to 20 per cent supernumerary seats for girls out of the total number of seats.

Panel recommends quota for girl students in IITs

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The price of petrol was hiked by 42 paise a litre on Sunday night, the fourth increase in six weeks. The price of diesel was raised by ₹1.03 a litre, the second hike in a fortnight. The increase in rates, effective from midnight on Sunday, excludes State levies.

Petrol price up by 42 paise, diesel by Rs. 1.03

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Over 1 crore Jan Dhan accounts have been opened since the notes ban came into effect on November 9. The deposits since have also doubled to over 87,000 crores and the tax department is scrutinising the data. Yet, many workers without bank accounts could not be paid.

1 Crore New Jan Dhan Accounts Since Notes Ban, But Many Still Unpaid

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Swachh Bharat #MyCleanIndia!

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For nearly 30 years, crowds have gathered in Bengaluru's MG Road-Brigade Road Junction to ring in the New Year. This New Year's Eve, though, was different. The media, and social media, claimed that it was a "night of shame" for the city as the mobs went wild and molested women in their midst.

The mass molestation that wasnt?

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The Reserve Bank of India (RBI) has been "lying on the face" to the public about the cash situation, alleged former chairman of State Bank of India (SBI) Pratip Chaudhuri. In an exclusive interview to Firstpost on Monday, Chaudhuri said, the central bank should have been more transparent about the…

Exclusive: RBI is lying; it is awfully short of cash, says former SBI head Pratip Chaudhuri

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DAVOS: In signs of rising income inequality, India's richest 1 per cent now hold a huge 58 per cent of the country's total wealth -- higher than the global figure of about 50 per cent, a new study showed today.

Richest 1% own 58% of total wealth in India: Oxfam

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LAMP Fellowship 2017 complete details about the fellowship, role of a lamp fellow, stories of lamp fellows, lamp fellowship application, eligibility, selection process.

Fellowship to Work full time for 11 months with a Member of Parliament of India.

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