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Current Conflict is Essentially between Global and Local
Prof R Vaidyanathan

The western world view has dominated for the last 200 or so years and hence their idea of “modern man’ is accepted as the “idea”. It is supposed to transcend territories and cultures. It assumes that “one size” fits all and enunciates “

April 24, 2017 Governance and Political Studies, Economics, globalization, localization, Conflict, Global, Local, Vaidyanathan
Mobiles may make Banks Extinct
Prof R Vaidyanathan

The mobile phone is now being used for small-time financial activities, such as information on prices, billing settlements, etc. We have service providers like Air Tel/Jio providing internet based TV channels which will provide competition to Dish TV

April 18, 2017 Economic Studies, economy, Banking, Mobile phones, Internet banking, Mobile banking, Mobile Banking apps
The Craze for Big banks
Prof R Vaidyanathan

Now the clamor is for big, bigger and biggest. Particularly in the banking sector. After the merger of subsidiaries with SBI there is a talk of merging other banks. The chief of Kotak opines that five banks will only remain in future. This craze f

April 13, 2017 Economic Studies, Card, Bank, debit card, Credit Card
War Clouds over Europe: Are we prepared?
Prof R Vaidyanathan

2013 One wrote in 2013 about “Europe Going Down”, that ‘as Europe goes down we need to be prepared for consequences’. To quote: “The European economic and social crisis is becoming worse with each passing day”. One business channel ask

March 01, 2017 Historical and Civilisational Studies, European morality, Radical Islam, Civilisational war
Demonetization: Restoring Probity in public Life
Prof R Vaidyanathan

The dramatic announcement by the Prime Minister on the 08-11-2016 regarding De-monetising Rs 500 and Rs 1000 notes from the midnight of the same day has electrified the national mood and has altered the paradigm of public life. All black money is

November 14, 2016 Economic Studies, Black Money, Corruption, Rs 1000, D-monetising, cash. rs 500, Rs 2000, Rs 100
वस्तु एवं सेवा कर नेटवर्क (जीएसटीएन): सावधानी पूर्वक बढ़ना चाहिए
Prof R Vaidyanathan

कराधान की एक नई व्यवस्था वस्तु एवं सेवा कर (जीएसटी) एक विस्तृत आधार वाली, व्यापक, एकल अप्रत्यक्�

September 20, 2016 Economic Studies, Hindi
Women ask: Where are our Trillion Dollar output?
Prof R Vaidyanathan

Whenever some visitors asked my elder sister, “Do you work?”, she used to be amused. She used to say, “What else I do from 5 am to 10 pm every day”. For most people household work is not considered as ‘work’. It is not included in computi

September 05, 2016 Economic Studies, Gross Domestic Product, National Income
Big Business and Small Families
Prof R Vaidyanathan

Throughout sixties/seventies advertisements in print and visual media in the west projected “happy” families consist of husband /wife one boy one girl may be a dog. Happy family will not have mother-in-laws or sisters-in-laws, leave alone aged pa

August 28, 2016 Economic Studies, Post–contraceptive, Civilization
Goods and Services Tax Network (GSTN): Caution Should be the Key Word
Prof R Vaidyanathan

A New Regime of Taxation Goods and Services Tax (GST) is a broad-based, comprehensive, single indirect tax which will be levied concurrently on goods and services across India. It will replace most of the Central and State indirect taxes such as V

August 27, 2016 Economic Studies, Goods and Services, Tax Network, GSTN, Input Tax Credit
Brexit And End of Globalisation
Prof R Vaidyanathan

When Britain voted to leave the European Union ( called British Exit or Brexit) the Dutch Prime minister Mark Rutte said “England has collapsed politically, constitutionally and economically.” He wasn't wrong. The vote by Britain has also impacte

July 25, 2016 Economic Studies, European Union, Brexit, England, Globalisation
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