A statement everyone in India will agree with…

WHEN Narendra Modi became prime minister of India in 2014, opinion was divided as to whether he was a Hindu zealot disguised as an economic reformer, or the other way round. The past three years appear to have settled the matter.

India’s prime minister is not as much of a reformer as he seems, August 5, 2017 at 11:33PM

It couldn’t have been more ambiguous 🙂

FU (and your rights) Softbank! But will you please fund us a bit more, please!

In today’s news: Ola says fuck you to its biggest investor.

… a person close to Ola’s board said the co-founders and some smaller investors made the changes to specifically put restrictions on SoftBank.

Ola’s founders have strengthened their rights relative to SoftBank despite the fact that SoftBank has recently increased its stake in the company after pumping an additional $250 million into Ola in November.

SoftBank owns nearly 40% of Ola, which also counts Matrix Partners, Tiger Global, Sequoia Capital, Steadview Capital, Accel Partners and others as investors.

Snapdeal effect? Ola restricts SoftBank rights, strengthens those of founders, May 18, 2017, at 06:34 PM

Also, in today’s news: Ola finding it hard to raise more funding

It is looking for more but funds have been tough to come by as potential investors have backed off from putting cash into an Uber rival in a sector that is yet to prove it can deliver profits.

Reality of the Raj, and the recovery

… in the post-colonial period is that a democratic Indian government endeavored to invest more in the health and education of more citizens, however imperfectly this was implemented. The British, in contrast, supplied fewer public goods and too often the expenditures were directed toward defending British rule, extracting revenue or ensuring India as a captive market for British goods.

Legacy of British Rule Is Still Holding India Back, April 13, 2017 at 05:10 PM

Both of these are largely forgotten, if not deliberately erased.

Many Indians tend to blame post-colonial democratic governments for bringing India down.

Most British students are barely taught the reality of British colonial rule from perspective of the colonised.

Why biometrics are not passwords

All ‘passwords’ should be replaceable. If your credit card gets stolen, you can block it and get a new card. If your Aadhaar number and fingerprint are leaked, you can’t change it, you can’t block it.

Aadhaar uses fingerprints, linked to bank accounts: Is your identity safe?, April 3, 2017, at 01:37 PM

Voting & Marriage – Social patterns in India

This pattern of voters expressing a liking for one leader but voting for another party was striking and consistent, and when I described it to a colleague in Delhi, he offered a uniquely Indian analogy: These people are saying they would ideally like to have a love marriage, but that they will probably settle for the spouse chosen by their parents.

Voters liking one leader but voting for another party seems to be a consistent pattern in UP, March 1, 2017 at 10:58AM

India’s GDP growth, or of 60% of it

Rupa Rege Nitsure, chief economist at L&T Holdings, said the current year’s growth “appears to be overstated as our National Accounts Statistics does not adequately capture activities from the unorganised sector“.

“While the numbers make sense in terms of direction of change, their actual magnitude appears to be overstated,” she said.

The so-called “unorganised sector” – made up of informal workers – is believed to account for about 40% of India’s economy.

Indian economic growth slows in final quarter of 2016 – BBC News, February 28, 2017 at 10:55PM