Since the economic liberalization of 1991, wealth has poured into India, and especially into Delhi. Capital bears witness to the extraordinary transmogrification of India’s capital city, charting its emergence from a rural backwater to the center of the new Indian middle class. No other city on earth better embodies the breakneck, radically disruptive nature of the global economy’s growth over the past twenty years. India has not become a new America, though. It more closely resembles post–Soviet Russia with its culture of tremendous excess and undercurrents of gangsterism. But more than anything else, India’s capital, Delhi, is an avatar for capitalism unbound. Capital is an intimate portrait of this very distinct place as well as a parable for where we are all headed. In the style of V. S. Naipaul’s now classic personal journeys, Dasgupta travels through Delhi to meet with extraordinary characters who mostly hail from what Indians call the new Indian middle class, but they are the elites, by any measure. We first meet Rakesh, a young man from a north Indian merchant family whose business has increased in value by billions of dollars in recent years. As Dasgupta interviews him by his mammoth glass home perched beside pools built for a Delhi sultan centuries before, the nightly party of the new Indian middle class begins. To return home, Dasgupta must cross the city, where crowds of Delhi’s workers, migrants from the countryside, sleep on pavements. The contrast is astonishing.  In a series of extraordinary meetings that reveals the attitudes, lives, hopes, and dreams of this new class, Dasgupta meets with a fashion designer, a tech entrepreneur, a young CEO, a woman who has devoted her life to helping Delhi’s forgotten poor—and many others. Together they comprise a generation on the cusp, like that of fin-de-siècle Paris, and who they are says a tremendous amount about what the world will look like in the twenty-first century.

    We all sense that, but Mervyn King knows it firsthand; his ten years at the helm of the Bank of England, including at the height of the financial crisis, revealed profound truths about the mechanisms of our capitalist society. In The End of Alchemy he offers us an essential work about the history and future of money and banking, the keys to modern finance.The Industrial Revolution built the foundation of our modern capitalist age. Yet the flowering of technological innovations during that dynamic period relied on the widespread adoption of two much older ideas: the creation of paper money and the invention of banks that issued credit. We take these systems for granted today, yet at their core both ideas were revolutionary and almost magical. Common paper became as precious as gold, and risky long-term loans were transformed into safe short-term bank deposits. As King argues, this is financial alchemy—the creation of extraordinary financial powers that defy reality and common sense. Faith in these powers has led to huge benefits; the liquidity they create has fueled economic growth for two centuries now. However, they have also produced an unending string of economic disasters, from hyperinflations to banking collapses to the recent global recession and current stagnation.How do we reconcile the potent strengths of these ideas with their inherent weaknesses? King draws on his unique experience to present fresh interpretations of these economic forces and to point the way forward for the global economy. His bold solutions cut through current overstuffed and needlessly complex legislation to provide a clear path to durable prosperity and the end of overreliance on the alchemy of our financial ancestors.

    This work, along with A. L. Basham's book, The Wonder That Was India, provides a comprehensive and riveting outlook of the pre-colonial times in the history of India. While the first volume by Basham covers the period between ancient India and the arrival of the Muslims, Rizvi's second volume covers the period between 1200 and 1700 AD.

    In other words: it is great to read and offers ample food for thought and a reflection on the human condition.Much more importantly, Mughal history deserves to be widely read and reflected upon, because of its lasting cultural and socio-political relevance to today’s world in general and the Indian subcontinent in particular.For, whether we like it or not, the Mughals have left us with a legacy that cannot be erased. With regard to the eventful reigns of Babur, Humayun, Akbar, Jahangir, Shah Jahan, Aurangzeb or their successors, crucial questions arise. Where did they succeed? Where did they fail? And more importantly, what should we learn from their experiences, including both triumphs and failures?In this volume, the author attempts to narrate Mughal history from their perspective rather than from the viewpoint of, say, historians from the UK or other countries, while, at the same time, he does not shy away from dealing with controversial issues.

    Pillai narrates the story of the Deccan from the close of the thirteenth century to the dawn of the eighteenth. We witness the dramatic rise and fall of the Vijayanagar empire, even as we negotiate intrigues at the courts of the Bahmani kings and the Rebel Sultans who overthrew them.

    Rajeev and Harsh, two brilliant young authors, confront these political scientists head on with a fabulous book.’-Jagdish Bhagwati, University Professor, Columbia University‘It has become fashionable to suggest that the Indian right has no intellectuals. Rajeev and Harsh set about disproving this in their well-researched and fluently written book. Though there is much I disagree with in both their premises and their conclusions, it is a pleasure to engage with their ideas and find much common ground in the defence of free speech, economic freedom, government reform and individual liberty.’-Shashi Tharoor, MP and author‘We need our own understanding to build a new idea of India. An idea of India that is actually connected to the real India. An idea of India that works. A good first step to build that is to read this wonderful book by these two young intellectuals.’-Amish Tripathi, Director, The Nehru Centre and authorFor the better part of seven decades after independence, the Nehruvian idea of India held sway in India's polity, even if it was not always in consonance with the views of Jawaharlal Nehru himself. Three key features constituted the crux of the Nehruvian way: socialism, which in practice devolved to corruption and stagnation; secularism, which boxed citizens into group membership and diluted individual identity; and non-alignment, which effectively placed India in the Communist camp.In the early nineties, India started a gradual withdrawal from this path. But it was only in 2019, with Narendra Modi’s second successive win in the general elections, that this philosophy is finally being replaced by a worldview that acknowledges India as an ancient civilisation, even if a young republic, and that sees citizens as equal for developmental and other purposes. A New Idea of India constructs and expounds on a new framework beyond the rough and tumble of partisan politics.Lucid in its laying out of ideas and policies while taking a novel position, this book is illuminated by years of research and the authors’ first-hand experiences, as citizens, entrepreneurs and investors, of the vagaries and challenges of India.

    The book focuses on how to save the ancient water resources which have been neglected for quite a long time in India. This book holds a place in the list of best thirty books that have been published so far. This book has been translated in almost all Indian languages and quite a few foreign languages as well. There also exists a Braille version of this book. When it got published, it attracted the attention of a huge chunk of people and around two lac copies of books are known to have reached people across various places. The book, basically a report based book talks about how every household in arid regions could have their own water harvesting facility, a technique that has been in place for centuries. His approach towards life was something we do not find easily in the modern times. Moreover, this book has no copyright and can be reprinted and republished as and when one wants to. It is intriguing as to how this book could have had such an impact on the public, and on the society as a whole.

    Using irreverent wit, an engagingly personal style, and a battery of examples, Chang blasts holes in the "World Is Flat" orthodoxy of Thomas Friedman and other liberal economists who argue that only unfettered capitalism and wide-open international trade can lift struggling nations out of poverty. On the contrary, Chang shows, today's economic superpowers—from the U.S. to Britain to his native Korea—all attained prosperity by shameless protectionism and government intervention in industry. We have conveniently forgotten this fact, telling ourselves a fairy tale about the magic of free trade and—via our proxies such as the World Bank, International Monetary Fund, and World Trade Organization—ramming policies that suit ourselves down the throat of the developing world.Unlike typical economists who construct models of how the marketplace should work, Chang examines the past: what has actually happened. His pungently contrarian history demolishes one pillar after another of free-market mythology. We treat patents and copyrights as sacrosanct—but developed our own industries by studiously copying others' technologies. We insist that centrally planned economies stifle growth—but many developing countries had higher GDP growth before they were pressured into deregulating their economies. Both justice and common sense, Chang argues, demand that we reevaluate the policies we force on nations that are struggling to follow in our footsteps.

    The issue of Kashmir still is a crucial issue discussed across forums in the global arena and is one of the major hindrances in improving relationship with India’s neighbour and kin of one time. Much has been written about Kashmir and the separatist movement in Kashmir. But the beautifully scripted account of the brutality with which the separatist movement is carried on till date has no precedence. The book, Curfewed Nights, gives an honest, crude, and truthful account of what goes on in the paradise of India which is under the spell of the separatist movement.The author of the book, Basharat Peer, being a Kashmiri himself has related to each and every detail provided in the book from the first hand experiences gathered by him. Since independence of India, many Kashmiri youths have been mesmerised by the terrorism to the extent that they want to join the terrorist organisations even without thinking about their families or themselves. They have illusioned godfathers in the leaders of such terrorist outfits. In fact, the author was sent out of Kashmir by his family, just to keep him away from these painful romances with the militants.The book, Curfewed Night, has a lot of heart-rending accounts of how a mother watches her son who is forced to hold an exploding bomb or how a poet discovers his religion when his entire family is killed or how the politicians are tortured inside the refurbished torture chambers or how villages have been rigged with landmines which kills innocent civilians, and how temples have converted into army bunkers while ancient Sufi shrines have been decapitated in bomb blasts.

    Russ Roberts argues that the true underlying cause of the mess was the past bailouts of large financial institutions that allowed these institutions to gamble carelessly because they were effectively using other people’s money. The author warns that despite the passage of Dodd-Frank, it is widely believed that we have done nothing to eliminate ‘Too Big to Fail.’ That perception allows the largest financial institutions to continue to gamble with taxpayer money.

    A huge, secure, and contented middle class emerged. All boats rose together. But then the New Deal gave way to the Raw Deal. Beginning in the early 1970s, by means of a long war conceived of and executed by a confederacy of big business CEOs, the superrich, and right-wing zealots, the rules and norms that made the American middle class possible were undermined and dismantled. The clock was turned back on a century of economic progress, making greed good, workers powerless, and the market all-powerful while weaponizing nostalgia, lifting up an oligarchy that served only its own interests, and leaving the huge majority of Americans with dwindling economic prospects and hope.Why and how did America take such a wrong turn? In this deeply researched and brilliantly woven cultural, economic, and political chronicle, Kurt Andersen offers a fresh, provocative, and eye-opening history of America’s undoing, naming names, showing receipts, and unsparingly assigning blame—to the radical right in economics and the law, the high priests of high finance, a complacent and complicit Establishment, and liberal “useful idiots,” among whom he includes himself.

    Charting the controversy that has always dogged the publication — from its flirtation with fascism in the 1930s to its fractious relationship with celebrities today, Addison explains how the divisive paper has shaped British journalism and, indeed, Britain itself.With colorful portraits of rambunctious life behind the masthead (discover why one corridor is dubbed "scary" by staffers), Mail Men includes fascinating biographical details of key figures in the history of the paper — including idiosyncratic boss Paul Dacre, unrivaled moral arbiter for Middle England and the highest paid newspaper editor in the U.K.Drawing on interviews with over 100 of the paper’s journalists, past and present — as well as fans, victims, and critics — this is the uncut story of the Mail Men who created and ran the paper, and the underlings who were expected to give their lives to this peculiarly British institution.

    But we should.In The World for Sale, two leading journalists lift the lid on one of the least scrutinised corners of the economy: the workings of the billionaire commodity traders who buy, hoard and sell the earth's resources.It is the story of how a handful of swashbuckling businessmen became indispensable cogs in global markets: enabling an enormous expansion in international trade, and connecting resource-rich countries - no matter how corrupt or war-torn - with the world's financial centres.And it is the story of how some traders acquired untold political power, right under the noses of Western regulators and politicians - helping Saddam Hussein to sell his oil, fuelling the Libyan rebel army during the Arab Spring, and funnelling cash to Vladimir Putin's Kremlin in spite of strict sanctions.The result is an eye-opening tour through the wildest frontiers of the global economy, as well as a revelatory guide to how capitalism really works.__________________________'This jaw-dropping study shows how much money and global influence is concentrated in the hands of a tiny group . . . A remarkable book . . . As the authors roam from oilfield to wheatfield, they reveal information so staggering you almost gasp.' SUNDAY TIMES 'Rollicking yarns from the biggest ever commodity boom . . . The high level narrative is gripping enough. But it is the details of what these freewheeling companies actually got up to that give the book a thriller-like quality . . . Educational and entertaining.' FINANCIAL TIMES 'A fascinating and revealing story . . . There are tales in the book of breathtaking trades, such as shipments of rebel oil from war-torn Libya or deals bartered amid the brutal "aluminium wars" in the Russia of the 1990s.' ECONOMIST 'A globe-spanning corporate thriller, full of intrigue and double dealing . . . Changes how we see the world, often in horrifying ways . . . New insights and reporting mean that even seasoned observers will be amazed.' SPECTATOR 'Javier Blas and Jack Farchy should be awaiting the call from Hollywood. The World for Sale contains at least half a dozen narrative threads that would form the basis of a good thriller. But the authors' main achievement is to subject the biggest commodity players, and their impact on the real world, to proper critical scrutiny.' REUTERS 'Blas and Farchy shine light on what's long been the financial markets' darkest corner - the crucial, yet underappreciated, role commodity traders play in global finance and geopolitics . . . The World For Sale is a fascinating, eye-opening read.' GREGORY ZUCKERMAN, author of The Man Who Solved the Market'The definitive, eye-opening story of the most powerful and secretive traders in the world.' BRADLEY HOPE, co-author of Billion Dollar Whale'If you have the slightest interest in how the modern world was made, by whom, at what price, and at what profit, this is the book for you . . . Superbly researched.' FOREIGN POLICY 'Javier Blas and Jack Farchy deftly peel back the curtain on the amoral swashbucklers of capitalism who trade in commodities . . . The World for Sale is a gripping account of how they achieved their stranglehold over the world economy, and their troubling influence on global politics.' BRAD STONE, author of The Everything Store'Some of the stories could be straight out of John Le Carré. The difference is they're true . . . Fascinating.' ANDREW NEIL

    dollar. Today we are engaged in a new currency war, and this time the consequences will be far worse than those that confronted Nixon.Currency wars are one of the most destructive and feared outcomes in international economics. At best, they offer the sorry spectacle of countries' stealing growth from their trading partners. At worst, they degenerate into sequential bouts of inflation, recession, retaliation, and sometimes actual violence. Left unchecked, the next currency war could lead to a crisis worse than the panic of 2008.Currency wars have happened before-twice in the last century alone-and they always end badly. Time and again, paper currencies have collapsed, assets have been frozen, gold has been confiscated, and capital controls have been imposed. And the next crash is overdue. Recent headlines about the debasement of the dollar, bailouts in Greece and Ireland, and Chinese currency manipulation are all indicators of the growing conflict.As James Rickards argues in Currency Wars, this is more than just a concern for economists and investors. The United States is facing serious threats to its national security, from clandestine gold purchases by China to the hidden agendas of sovereign wealth funds. Greater than any single threat is the very real danger of the collapse of the dollar itself.Baffling to many observers is the rank failure of economists to foresee or prevent the economic catastrophes of recent years. Not only have their theories failed to prevent calamity, they are making the currency wars worse. The U. S. Federal Reserve has engaged in the greatest gamble in the history of finance, a sustained effort to stimulate the economy by printing money on a trillion-dollar scale. Its solutions present hidden new dangers while resolving none of the current dilemmas.While the outcome of the new currency war is not yet certain, some version of the worst-case scenario is almost inevitable if U.S. and world economic leaders fail to learn from the mistakes of their predecessors. Rickards untangles the web of failed paradigms, wishful thinking, and arrogance driving current public policy and points the way toward a more informed and effective course of action.

    A fast, colourful narrative, knitting together the life and times of all stock market players involved in two of India's biggest stock market scams.The Scam, a chronicle of two of the most famous scams in the Indian stock markets, is now back in a digital avatar. The story told by Sucheta Dalal and Debashis Basu, can't find a more credible and informed couple of storytellers for these events. First published in April 1993, the book was an immediate bestseller but had been out of print for a while.This 8th edition of the scam includes the original Harshad Mehta Scam and the Ketan Parekh Scam, while also delving into the JPC Fiasco and the Global Trust Bank Scam. The basic question that the book deals with is, "what really happened in the two great Indian scams?" The answer to this question, detailed in the book, brings up another important one, "Have we learnt anything since, so that such things don't happen again?"