This is done by means of the snappily named Länderfinanzausgleich, a (horrendously complicated) mechanism by which all 16 federal states pool resources and redistribute surpluses to those in need. In the early years of the German Federal Republic, Bavaria was still the country’s poorhouse and the heavily industrialised state of North-Rhine-Westphalia sent a sizeable proportion of its Deutschemark surpluses south; in recent years, the tide has turned and it is now Bavaria which Read more [...]

It's that time of the year when the beer flows freely, the music goes Bavarian and you take in the October air. Yes, the Oktoberfest is on. The beer festival, that originated in Germany, has many lovers in our very own Millennium City, which is home to several microbreweries. From the restaurants to Gurgaonwallahs, everybody seems to have planned their Oktoberfest itinerary already. Free beer anyone? From 20% discount on beers to unlimited beer packages, there is much that you can try out at Gurgaon Read more [...]