Book Extract

The RBI found that the banks were delaying recognising large accounts as NPAs, even if projects were not starting up, and the 'project commencement' milestone was largely cosmetic

Duvvuri Subbarao recounts how his tensions with P Chidambaram and Pranab Mukherjee, then finance ministers, over monetary policy spilled over into other issues in the central bank. An exclusive excerpt from Who Moved My Interest Rate?, his memoir of his term as Reserve Bank of India governor

From pristine pure English to Hindi to Hinglish, the language of Indian advertising is now a mishmash of many languages