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Unlocking Defence for Startup Alchemy in New India

FANS of philologist JRR Tolkien and his lore would be familiar with Anduril and Palantir as, respectively, a magical sword and a crystal ball that shows things afar, including in the past. But Anduril and Palantir hitting the headlines are not magical relics of yore, but defence companies that came up from America’s technology startup ecosystem to develop high-tech military capability, and figure among the defence startups proving their spurs in the war in Ukraine.

Heat Waves are a Double Jeopardy For Urban Poor Settlements

Last week, I called the repairman of my home AC as the cooling in my bedroom the night before did not seem comfortable. After finishing his job, I offered him a glass of water and a piece of cake. As he wiped his sweat, sipping water slowly, I enquired about his home. Living in a single room rented tenement of 150 sq. ft. in Sangam Vihar colony with his wife and two young kids, he barely smiled.

The Withdrawal of Rupees 2000 Notes: A New Mini-Demonetisation in India Soon

In a sudden though not unexpected move, currency notes of the denomination Rs 2,000 are being withdrawn from circulation. This is announced via a notification released by the Reserve Bank of India and not the government (as at the time of demonetisation). These notes are not being withdrawn from circulation, but actually, they will stop circulating right away given that they will have to be deposited in a bank or exchanged for lower denomination notes.

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