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Economy

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It’s incredible what Mr Mukesh Ambani has been able to achieve with Jio (and Reliance Industries). You may dislike him or his practices, but you have to admire his vision and business acumen to raise well over $30 Billion during a pandemic and world recession.   In my view, this also burst several well-entrenched myths: 1) Indian conglomerates can never scale and can’t compete with China in terms of their capital appetite. 2) TELCO business, especially in a low ARPU country like India with extremely high spectrum cost, doesn’t have any money-making opportunity. This myth is made popular by the…

WOW! I never expected taxman to wish me for the new year and offer a calendar. A nice initiative by Income Tax India with this e-calendar for 2020 with important due dates for the year. It will be useful for taxpayers, auditors and accountants. We need more of these citizen-friendly initiatives and less of the ambiguous policies and harassment. Thank you, Hon’ble FM @nsitharaman and the entire ministry. Please keep it up.