From the Editor's Desk So India's black money economy is bigger than the whole economy of Thailand or Argentina. The government's "crackdown" on black money has had some intended and some unintended consequences. The black money economy has been shrinking since the 90s. However, more regulation and closer scrutiny has led to black money moving from property and gold (traditional havens) to hard cash, and not into formal banking channels (where deposits have gone down). With the reduction in bank lending to sub-investment grade projects (due to the NPA cleanup), this demand has shifted to the informal economy, where lending rates have gone up from 24% to 34%. Comment
The big business of small investors Mint Money looks at how a change in financial regulations is impacting MF distributors. In the first of a 3-part series, we tell you stories of distributors who bring in investors by the bus load
India to be US$ 5 trillion economy in few years: Arun Jaitley India’s failure at controlling population has resulted in the creation of a very large and young population, which is not only one of the largest markets of the world, but also a potential supplier of trained and skilled human resources for the world, which is one of the reasons why the size of the Indian diaspora has been increasing in most countries, Jaitley said.
Zomato’s unit economics for food delivery in India : Deepinder Goyal By Deepinder Goyal In earlier posts, we spoke about what our online food ordering business has taught us, and how we built the transactions DNA at Zomato over the past year despite having been a content-centric business so far. In this post, we will zoom in and look at the unit economics of