Calcutta, Capital, and Corporate
Over a hundred years ago, the capital of India was Kolkata (then spelt Calcutta). Then the British rulers shifted to Delhi. Now New Delhi, in view of the historical, geographical and strategic importance of the city. Old Hastinapura of the Mahabharata fame is the Modern Delhi. Legendary kings of Bharat and invaders had left an indelible imprint on Delhi. Hence, the British took the above step.
In post-free India, New Delhi is politically the centre. The Central Government is based in New Delhi. However, the financial capital of our country is Mumbai because of its large concentration of business houses and of the stock exchange on Dalal Street where brisk trading of stocks and shares goes on every day. In other words, it is the pulse of the financial market, a nerve centre of Corporate India.
Lately, Switzerland has come into the economic picture of India. Swiss banks have come to be relied on as being the safest and trustworthy for the transfer of funds. No doubt India’s banking system is essentially safe and foolproof, but the investments in Swiss banks have of late increased. Bank robberies were high a decade ago. But lately, they have been brought down. Maybe owing to this reason Swiss banks may have been chosen.
The growing trust reposed by the Indian business and affluent classes in Swiss banks foster the notion that although Corporate India apparently seems to be desi, the mindset of Indian people appears Videsi.