Kabali, IAF's AN 32, 25 yrs of reforms: Big stories this week

THE ECONOMIC TIMES Sat, Jul 23, 2016 | 12:33 PM IST Weekly News Platter

Digital, cashless deals may remove black money  As cash gets used for fewer and fewer transactions, it will become easier for authorities to crack down on tax evasion. readmore 4 reforms that pulled India back after it ran out of money in 1991 By June 1991, India had less than $1 billion foreign reserves, just about enough to meet about 3 weeks of imports, even after borrowing from IMF. How Narasimha Rao scripted India's biggest turnaround story  Manmohan Singh, the brain behind the reforms as Rao's finance minister, said: "I had no idea that Rao was in favour of liberalisation."

Editor's Pick Bad news for techies, but these 10 skills can help them stay relevant US-based research firm HfS Research predicts that India's IT services industry will lose 6.4 lakh 'low-skilled' jobs to automation in the next 5 years. Meet Professor HN Mahabala, the man who mentored India's IT icons Meet Professor HN Mahabala — the man who not only mentored Gopalakrishnan but also the likes of Infosys founder NR Narayana Murthy and countless others. How a CA is helping retail cos take on Amazon, Flipkart A former Shoppers Stop veteran and ex-IBM executive, Rajagopalan is considered by many as one of the architects of brick-and-mortar's fight against ecommerce. When Murthy took 3 years to import one computer Those days I couldn't afford a flight, so I took a train. I had to stay in some seedy place near Old Delhi Railway Station, says Murthy.

Most Popular This Week Munich police says toll rises to nine victims plus dead shooter Going off the radar: Why IAF's AN 32 mystery mirrors crash of Dornier last year Tendulkar sought Parrikar's help to rescue business ally's resort in Mussoorie Modi only Indian PM to visit many Muslim countries in 2 years: Zakir Naik No country for old men! India is the worst place for retirement, says global index

Story of The Week Rajinikanth's 'Kabali' smashes all box office records, collects over Rs 40 crore Experts are convinced that the film is going to do great business over the weekend. They are estimating it would reach up to Rs 120 crore. read more

Money 5 innocent mistakes honest taxpayers usually make Misconceptions can make offenders of law-abiding taxpayers. Here are five blunders that can invite a tax notice, a penalty or both. All the investments, expenditures you can claim as tax break under Section 80C Majority of people invest in life insurance policies, PPF, ELSS in order to avail this deduction, but there are other options too worth considering.

Stock Round Up Looking for future Thalaivas of Dalal Street? Top analysts bet on these 10 stocks Every decade has produced a new set of Thalaivas in the Indian market. They all started at the bottom and are now in the league of India's biggest companies.

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