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Chandru Lachmandas Raheja (born 1941) is an Indian billionaire businessman, and the chairman of K Raheja Corp which is involved in developing IT parks, hotels, malls, and running department store chains including Shoppers Stop. [1] [2] Raheja led his company to diversify into different businesses ever since the family businesses were split in 1996.
The New Capitalists: How Citizen Investors Are Reshaping the Corporate Agenda is a 2006 book by Stephen Davis, Jon Lukomnik and David Pitt-Watson. [1] It describes the increasing ownership of companies by collective investment schemes representing millions of savers. The millions of savers are called the "New Capitalists".
India's foreign exchange reserves are built through foreign capital inflows instead of a current account surplus like in the case of Russia or China. Additionally, the central bank is forced to raise interest rates in order to arrest some of the capital outflows hence reducing domestic demand and accompanying economic effects.
In 1858, Allahabad (now Prayagraj) became the capital of India for a day when it also served as the capital of North-Western Provinces. [3] During the British Raj, until 1911, Calcutta was the capital of India. [4] By the latter half of the 19th century, Shimla had become the summer capital. [5]
A New Idea of India: Individual Rights in a Civilisational State is a 2020 book authored by Harsh Madhusudhan and Rajeev Mantri. [1] [2] [3] Published by Westland Publishers, the book is a narrative focusing on various issues like secularism, capitalism, Indian civilisation, decolonisation, individualism etc. [4]
India is a federal constitutional republic governed under a parliamentary system consisting of 28 states and 8 union territories. [1] All states, as well as the union territories of Jammu and Kashmir, Puducherry and the National Capital Territory of Delhi, have elected legislatures and governments, both patterned on the Westminster model.
Economist Sally Razeen said that by this book, "Arvind Panagariya has written probably the best all-around, up-to-date, and accessible book on the Indian economy." [ 3 ] References
The Billionaire Raj: A Journey Through India's New Gilded Age is a 2018 non-fiction book written by British author James Crabtree. The book is about wealth inequality in India, exploring Indian billionaires, the caste, and economic reform advocates. Crabtree is a journalist for Financial Times.