Rahul Bajaj and his phantoms of fear



‘I suggest Rahul Bajaj come out in the open and give us his own white paper on the perceived sense of fear that he thinks haunts corporate India,’ says Dr Sudhir Bisht.



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Nirav Modi in custody, next hearing via video on Jan 2



Modi appeared for his regular 28-day “call-over” appearance from London’s Wandsworth prison at Westminster magistrates’ court, where judge Gareth Branston reconfirmed that his extradition trial will begin on May 11 next year and will last five days.



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78% of PMC a/c holders can withdraw full deposit: FM



Nirmala Sitharaman said in Lok Sabha that in case of medical emergencies, marriages and other crisis situations, a depositor of the Maharashtra-based PMC Bank can withdraw up to Rs 1 lakh by invoking the ‘hardship provisions’ of the RBI.



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Atanu Chakraborty made secretary, dept of expenditure



Senior bureaucrat Atanu Chakraborty has been appointed as the department of expenditure secretary on Wednesday, replacing G C Murmu who was named as the first Jammu and Kashmir lieutenant governor last week.



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Adani takes the Jio route to disrupt airports business



The Adani group’s debut in the airports business has been equally audacious. Despite its Rs 1.26 trillion debt pile, the group emerged the highest bidder for as many as six airports in the government’s first such auction in 13 years since the GMR and GVK groups won the right to manage Delhi and Mumbai airports in 2006, reports Shyamal Majumdar.



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PM meets Abhijit Banerjee, says 'India is proud'



“Excellent meeting with Nobel Laureate Abhijit Banerjee. His passion towards human empowerment is clearly visible. We had a healthy and extensive interaction on various subjects. India is proud of his accomplishments. Wishing him the very best for his future endeavours,” Modi said in a tweet, sharing a picture of their meeting at his official residence.



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How Banerjee-Duflo's economics is relevant for India



For Duflo and Banerjee, an important part of their work has been ensuring that the agency of the “beneficiaries” — usually, in developing countries like India, poorer individuals — is put at the centre of any policy design.



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