In the state of Gujarat, just a few glass-fronted towers greet the 20,000 employees of companies such as JPMorgan Chase & Co. and HSBC Holdings Plc who commute in each weekday. Its full name is Gujarat International Finance Tec-City, but it’s more commonly known as GIFT City.
Racial discrimination was actually profitable before it was banned in 1964. This is relevant for civil-rights policy today
"The bank notes exchange is a smart move from a political perspective. However, it could disrupt commercial transactions for a while and slow down the economy. Moreover, this does not eradicate the deep roots of corruption.
Arvind Mayaram's transfer was part of the first major shuffle of top civil servants since Modi took office in May. In all, 20 bureaucrats were moved, many at the level of secretary, the most senior rank in India's civil service.
New US proposals regarding H1B visas are being branded as bad for Indian IT firms. But there might be a silver lining