Madhura Karnik

A cash crunch in Asia’s third-largest economy is increasingly becoming a challenge for microfinance firms. The Narendra Modi government’s recent ban on Rs500 and Rs1,000 currency notes to deal with tax evasion and counterfeiting has suddenly limited money supply in the economy. Indians are rushing to banks and post offices to get their now-illegal notes exchanged before the Dec. 30 deadline.

It has been a rough week for millions in India.

To control the frenzy caused by prime minister Narendra Modi’s demonetisation announcement last week, India is resorting to a tactic it uses to avoid fraudulent voting during elections. The government has asked banks to put indelible ink marks on the fingers of those exchanging the now-banned Rs500 and Rs1,000 currency notes.

This year, universities in the US have the highest number of Indian students since 1999. Some 165,918 Indians are enrolled there now, according to data released by the Institute of International Education (IIE) along with the US department of state’s bureau of educational and cultural affairs.

On Nov. 14, the moon—in its full-moon phase—was closest to Earth. Astronomers call this phenomenon a “perigee-syzygy of the earth-moon-sun system,” but “supermoon” is the common term used to describe it. It is estimated to look 15% bigger and 30% brighter than usual.

Just seven days and Indian prime minister Narendra Modi’s massive demonetisation exercise has snowballed into an unprecedented financial emergency in Asia’s third-largest economy.

British prime minister Theresa May’s much talked-about India visit, her first outside the European Union after she took charge, didn’t make many headlines.

One of the main agendas in Donald Trump’s vision statement leading up to the presidential elections was creating and securing jobs for Americans. He also promised to bring back skilled jobs for American workers.

Narendra Modi’s masterstroke aimed at clamping down on black money in Asia’s third-largest economy could have an unintended (at least ostensibly) outcome: choking funding to political parties and their election campaigns.

It is turning out to be a bloody Wednesday (Nov. 09) for stock markets in India.

India has decided to end the use of Rs500 and Rs1,000 currency notes from Nov. 09.

It’s been over two weeks since Cyrus Mistry was shown the door at Tata Sons, but the fate of his position as chairman of many of the group companies is as yet unclear. If newspaper reports are to be believed, he has no plans to go either “quickly or quietly.”

The drama surrounding Tata Sons over its ouster of chairman Cyrus Mistry just took a violent turn. A scuffle broke out between journalists and security guards deployed outside Bombay House—the 92-year-old headquarters of Tata Sons—on Nov. 4. The media had assembled outside the building before a board meeting was about to begin.

It’s been just two weeks since Tata Sons, India’s largest conglomerate, fired its chairman Cyrus Mistry. But the corporate battle—one of the ugliest in India—is already on its way into MBA syllabi at the country’s top business schools.

A paradox is playing out in Indian agriculture. Even though more than 58% of rural households in Asia’s third-largest economy depend on farming, investors—especially private equity (PE) funds—aren’t really chasing businesses in this sector.

There just aren’t enough white-collar jobs in India for the country’s graduates. So increasingly, Indians fresh out of college with bachelor’s degrees are looking for blue-collar jobs.

The Indian rupee is bonding pretty well with the Japanese.

The firecrackers just won’t stop going off at the Tata Group.

The battle between Indian conglomerate Tata Sons and its sacked chairman, Cyrus Mistry, is a classic illustration of how not to bring about a leadership transition.

It’s not often that the Tata Group, perhaps India’s most iconic business house, is subject to a public debate around ethics, vested interests, and non-performance.

Cyrus Mistry’s ouster from the helm of Tata Sons’ management follows a lacklustre four years for the company and, as a corollary, the outgoing chairman himself. On Oct. 25, Mistry was removed and Ratan Tata, the patriarch of the 148-year-old salt-to-steel conglomerate, took over as interim chairman.

Cyrus Mistry has just been replaced by the man he was chosen to replace.

Just four years after stepping down as chairman of Tata Sons, one of India’s biggest conglomerates, Ratan Tata is back at the group’s helm—at least for now.

One of the biggest security breaches in the history of India’s banks was uncovered last week, placing millions of debit card users at risk.