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Indian banks are bracing themselves for an onslaught of bad loans brought on by the pandemic. The Indian Banks’ Association, an association of Indian banks and financial institutions, has a request of the central government. It asked the government to set up a “bad bank” to reduce the impact of the losses banks will face … Read more What makes a good bad bank?

The last decade has seen what is arguably one of the most dizzying periods of innovation and competition in technology. The next decade will most likely look very different, unless regulators in the world’s largest economies—like the US, India and Indonesia—decide to take on the growing concentration of tech power.Amazon, Apple, Facebook, Google and Microsoft … Read more No countries for young companies and small competitors

Do you know what they call those rotating trays or turntables often seen in Chinese restaurants? Lazy Susans.  Source: peciriacks/Pixabay  Do you know what they’re good for? Of course, you do. Passing food around with minimal friction and maximal efficiency, till it comes back to you. Round-tripping.  Imagine moving money around the world, instead of food … Read more Round-tripping deserves a quiet time

India’s tensions with China are only getting worse by the day. The coronavirus brought on the boycotting of Chinese apps and Chinese products, as it is, but now tensions have peaked as three Indian soldiers were killed—confirmed deaths so far—after a violent face-off with Chinese military on Chinese borders.   While these tensions will manifest … Read more A crypto showdown is on, but India’s out?

The loan moratorium theatre in India has entered a new phase, with the Supreme Court now involved.   On 29 March, the country’s central bank, the Reserve Bank of India, allowed all borrowers to avail a moratorium—basically a holiday from paying any monthly installment—until 31 August. And that has become a bone of contention.   … Read more In whose interest is it anyway?