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Cover Story

  • The Centre's move to demonetise high-denomination currency has shaken up the economy.
  • It will be some time before the benefits of demonetisation to the banking industry actually show up.
  • The government has made an honest attempt at realigning economic incentives to drastically change human behaviour and make it easier for those who wish to be honest and incredibly tough for the dishonest. It will hit at the roots of untaxed, undeclared, taxable income
  • This may be a political move! The government intends to squeeze farmers in Uttar Pradesh, Punjab, Maharashtra and Kerala, among others. Modi seems to have unleashed a class war, putting systems against the poor and the lower-middle class
  • Arthakranti Pratishthan, an NGO based out of a nondescript rental flat in a predominantly residential Rambaug Colony, some 20 km from Pune Airport, is now gaining global attention. Considered to be the brain behind Prime Minister Narendra Modi's move of scrapping old Rs 500 and Rs 1,000 notes, the think tank stands for a complete overhaul of India's taxation system. In an exclusive interview with Joe Mathew, Anil S. Bokil, an engineer-turned-economic thinker, the chief architect of Arthakranti Proposal, talks about the merits of demonetisation and how it can lead to a black money free-cashless economy, if the government adopts all of the NGO's proposals. Excerpts:
Dec 18, 2016
Corporate Back In the Game

Back In the Game

BPL, the former consumer durables major, is trying to make a comeback. Will it succeed?

The Foreign Hand

Many global healthcare chains and investors are pumping money into hospitals in India. This may prove to be a game changer for the country's healthcare sector.

Tricky Act

Maggi Noodles is back, but for Nestle India, the road ahead is full of challenges.

Round Trip

More brands are turning to 360-degree videos to woo consumers.

On The Edge

In spite of rising prices and some relief from falling imports, the steel industry is struggling to recover.


The boom in the aviation sector has set the stage for airlines to grow their ancillary revenues.


The Demonetisation Puzzle

India is heavily dependent on cash for its daily transactions. The Modi government's demonetisation drive could impact the Indian economy

Digging Deeper

A detailed investigation of what led to the shattering of India's big oil and gas dream.

Mass Immiserisation

What will the smart government think of next?

"Wastewater and solid waste management emerging as key thrust areas"

Pierre-Yves Pouliquen, COO, Africa, Middle East and India, SUEZ - a key player in sustainable management of resources present in five continents - tells Sarika Malhotra about the pressing need for water management in India.

Coping with Loss

How companies tackle the problem of prized professionals leaving for greener pastures in droves.

People Business

Smile, you're on call!

Video calling is the cool new way to talk. We tell you which apps to choose for seamless, hassle-free conversations.

Rent at Ease

This Mumbai-based start-up offers gadgets, games and other aspirational products on rent, and is now looking to scale.


What chats with cab drivers tell us about the taxi aggregation business, and India.


LATEST Demonetisation has created fear psychosis. And it is just the beginning

Demonetisation has created fear psychosis. And it is just the beginning

While the near-term economic logic may seem weak, the plan on black money appears to be well thought out. Demonetisation is just one leg. What has generated the fear psychosis is a combination of many things executed over the past two years by the Narendra Modi Government.
Letters Letters to the Editor

Letters to the Editor

Business Today readers share their feedback on the magazine's coverage.
Focus Share Buybacks On Rise

Share Buybacks On Rise

In the past seven months, the number of buyback issues has risen to a three-year high, driven by PSUs.

Rx Online

Sale of online prescription drugs could be great news for the customer, but monitoring e-pharmacies effectively will be a challenge.
Editors note The Aftermath

The Aftermath

Event The 'Ahmedabad Arrows' hit the mark

The 'Ahmedabad Arrows' hit the mark

Golfer CEOs Tee off at the LLOYD BT Pro Am in Ahmedabad.