India Money

The Narendra Modi government's sudden demonetization of '500 and '1,000 notes in November 2016 failed to put a dent in the black economy but caused untold hardship to hundreds of millions of Indians. It has crippled the country's economy for a long time to come. In this book, Arun Kumar, the country's leading authority on the black economy, tells us why Modi's gambit failed.

Second only to China in the magnitude of its economic miracle and second to none in its potential to shape the new century, India is fast undergoing one of the most momentous transformations the world has ever seen. In this dazzlingly panoramic book, Patrick French chronicles that epic change, telling human stories to explain a larger national narrative. Melding on-the-ground reports with a deep knowledge of history, French exposes the cultural foundations of India’s political, economic and social complexities.

The English East India Company was the mother of the modern multinational. Its trading empire encircled the globe, importing Asian luxuries such as spices, textiles, and teas. But it also conquered much of India with its private army and broke open China's markets with opium. The Company's practices shocked its contemporaries and still reverberate today.

Born in a middle-class trading family, Kishore Biyani started his career selling stonewashed fabric to small shops in Mumbai. Years later, with the launch of Pantaloons, Big Bazaar, Food Bazaar, Central and many more retail formats, he redefined the retailing business in India. Incidentally, Kishore Biyani's objective is to capture every rupee in the wallet of every Indian consumer, wherever they are - an investment banker living in a south Mumbai locality or a farmer in Sangli.

This is a behind-the-scenes look at the spectacular collapse of some of the biggest names in India Inc. The book reveals the real reasons behind the non-payment of loans of over Rs nine lakh crore to the banks by behemoths like Reliance Communications, Videocon, IL&FS and Essay Steel, among others. The authors analyze how funds were illegally diverted from some of the bankrupt companies and why auditors as well as bankers went into sleep mode.

The East India Company was the largest commercial enterprise in British history, yet its roots in Tudor England are often overlooked. The Tudor revolution in commerce led ambitious merchants to search for new forms of investment, not least in risky overseas enterprises-and for these "adventurers" the most profitable bet of all would be on the Company. Through a host of stories and fascinating details, David Howarth brings to life the Company's way of doing business—from the leaky ships and petty seafarers of its embattled early days to later sweeping commercial success.

In a rare attempt to understand the Indianness of Indians - among the most intelligent people in the world, but also, to a dispassionate eye, perhaps the most baffling - V. Raghunathan uses the props of game theory and behavioral economics to provide an insight into the difficult conundrum of why we are the way we are. He puts under the scanner our attitudes towards rationality and irrationality, selflessness and selfishness, competition and cooperation, and collaboration and deception.

Can one of the most divided nations on the planet become its next superpower? James Crabtree reveals the titans of politics and industry shaping India in a period of breakneck change from controversial prime minister Narendra Modi, victor in the largest election in history, to the leading lights of the country's burgeoning billionaire class. While King of the Good Times Vijay Mallya languishes in exile in Britain, other major Bollygarchs prosper at home despite a series of scandals.

The Age of Awakening tells India's economic story since the country gained independence. It unfolds a tale of titanic figures, colossal failures, triumphant breakthroughs, and great moral shortcomings. Weaving together vivid history and economic analysis, this book makes for a gripping narrative.

In the past two decades, mutual funds have emerged as the preferred investment option for Indians. They offer liquidity, and ease of entry and exit, along with potentially higher returns. This, in turn, makes mutual funds a natural choice over traditional investment options such as gold, real estate and fixed deposits. However, while the popularity of mutual funds has increased in India, the ability to use them to our advantage has not. Investors are frozen by the choices they face with thousands of mutual fund options.

Everybody Loves a Good Drought is the established classic on rural poverty in India. Twenty years after publication, it remains unsurpassed in the scope and depth of reportage, providing an intimate view of the daily struggles of the poor and the efforts, often ludicrous, made to uplift them. An illuminating introduction accompanying this 20-anniversary edition reveals, alarmingly, how a large section of India continues to suffer in the name of development so that a small percentage may prosper.

As a $3-trillion economy, India is on her way to becoming an economic superpower. Between 1991 and 2011, the period of our best growth, there was also a substantial decline in the number of people below the poverty line. Since 2011, however, there has been a marked retreat in the high growth performance of the previous two decades. What happened to the promise? Where have we faltered? How do we change course? As professional economists as well as former civil servants, Vijay Kelkar and Ajay Shah have spent most of their lives thinking about and working on these questions.

Bhagwati and Panagariya argue forcefully that only one strategy will help the poor to any significant effect: economic growth, led by markets overseen and encouraged by liberal state policies. Their radical message has huge consequences for economists, development NGOs and anti-poverty campaigners worldwide. There are vital lessons here not only for Southeast Asia, but for Africa, Eastern Europe, and anyone who cares that the effort to eradicate poverty is more than just good intentions.

From fatal heatwaves and cruel droughts to devastating floods and fast-depleting water tables, climate change is the greatest disruptor of our time - and it can no longer be ignored. For most of us the odds seem overwhelming and solutions out of reach. Yet, in this forcefully argued book, climate-change practitioner, teacher and investor Mridula Ramesh emphasizes that while the situation is grim, it is not without hope.

Greed is defined as an excessive desire to possess more than what one needs or deserves, especially wealth and power. A gold digger is defined as a person who dates someone simply to extract money from them. Twenty-six-year-old Chanel Franklin fits both definitions to a tee. Her "Married to the Money" mentality leads her to make more than a few bad choices. On the road to riches, she gets caught up in a whirlwind affair with a certified baller.

Written by an eminent economist, Bimal Jalan, Emerging India: Economics, Politics and Reforms talks about India's growth from the post-reform 1991 era to the modern days and the various challenges plaguing various arms of the government. In this book, Jalan praises the democratic setup that runs this complex and diverse country. Jalan produces a detailed account of the Indian economy and the way it has functioned and the various obstacles in front of it.

You've heard of the burgeoning consumer markets in China and India that are driving the world economy. But do you know enough about these new consumers to convert them into customers? In The $10 Trillion Prize, bestselling author Michael J. Silverstein and The Boston Consulting Group colleagues in China and India provide the first comprehensive profile of the emerging middle class, primed to transform the global marketplace.

An Indien scheiden sich die Geister. Obwohl oder gerade weil kaum jemand im Westen dieses widersprüchliche Land versteht. Zwischen Slums und Prunk, zwischen Yoga und Hightech, zwischen Bollywoodkultur und Kastenwesen ist uns das Land, dessen Bedeutung für die Weltgemeinschaft immer größer wird, ein Rätsel geblieben.

The targets were stupendous and considered unachievable by almost everyone. Slightly over two years to find a suitable partner, finalize all legal documentation, get governmental approval to these agreements as well as to the investment proposals, build a factory, develop a supplier base to meet localization regulations, create a sales and service network, and develop and launch a peoples car that would sell 100,000 a year, in a sector where Indian expertise was limited.

Who can foretell India's future? Mr. Joshi is a fortune teller in a slum in south Delhi who uses a soothsaying green parrot to make predictions. When Adam Roberts visited him in 2012, Joshi's parrot declared that India was destined to become the most powerful nation under Prime Minister Narendra Modi. Through vivid storytelling and insight, Superfast Primetime Ultimate Nation examines the problems and promises of fast-growing India to reveal how it might reach its full potential and become, as Mr. Joshi's parrot predicted, a truly powerful nation.