Makarand Desai
23.1K posts

Makarand Desai
@makmd
Citizen of the world's largest democracy 🇮🇳 Commentary on politics, economics & social issues... ✍🏻 https://t.co/EIIKysh0EB

As we see Central Bank Digital Currencies (CBDCs) being developed across the globe by major central banks, this article is an attempt to take a quick look at how our accounting norms are catching up with this new innovation in the monetary world. Before we begin, it’s worth mentioning here that the Reserve Bank of India (RBI) has already launched a CBDC in India, named Digital Rupee (e₹), & it’s now available for general use through various apps launched by public & private sector banks, like eRupee by SBI or Digital Rupee by Kotak. I have been using it since a while & it’s quite decent experience so far. The seamless integration with UPI payment system makes it further convenient… Full article available here: makaranddesai.substack.com/p/accounting-f…






BREAKING: President Trump signs an order directing the creation of a national eligible voter list, a move expected to face swift legal challenges. apnews.com/article/donald…

The arrogance of these 4 dying countries … jpost.com/international/…

Plus if you begin from a position of bias - your entire assessment is skewed. One can have a personal opinion but it holds no place in analysis. Simple. Your thoughts ?

Graham to Trump: ‘Wind down’ Iran war, ‘wind up’ efforts for peace deal thehill.com/homenews/senat…

“Iran has been, essentially, decimated. The hard part is done. Go get your own oil!”

















