Banks, policy makers and companies have increasingly understood that rural India is the place from where the next growth impulse will come from. The government is allocating huge amounts of money for various rural schemes; Reliance, Bharti and ITC are focused on creating profitable linkages with the rural sector; banks like ICICI Bank and HDFC Bank are devising strategies to capture the rural...

Some do-gooders may end up undermining the Right to Information Act, finds Sucheta Dalal

MoneyLIFE started this section by pointing out how the Right to Information (RTI) Act has been one of “the most empowering tools handed to socially-conscious Indians in over half a century since independence”. Among the 40,000 odd applications filed under the Act, there have been enough of dramatic...

Benefit from capitalism can emerge only from collaborative efforts, each for the good of all, suggests Shreedhar Kanetkar

Do companies exist solely to make profits for their shareholders? Or do they owe something to the society? Think before you answer, for the facts may surprise you - and a lot of wealth has accumulated over the century and a half during which people have wrestled with this...