A flourishing unified domestic market calls for amending restrictive laws In 1947, many foreigners expect ed India to break up into frag ments. Cleavages of language, region and religion seemed en ough to doom unity . India\’s greatest achievement -owing …
SWAMISPEAK Antarctica is the best example of globalisation as humanity\’s winning force Brexit, the electoral triumph of Donald Trump and the rise of politicians like Nigel Farage in Britain and Mar ine Le Pen in France are all signs of …
SWAMISPEAK Antarctica is the best example of globalisation as humanity\’s winning force Brexit, the electoral triumph of Donald Trump and the rise of politicians like Nigel Farage in Britain and Mar ine Le Pen in France are all signs of …
Slanging matches between Amartya Sen and Jagdish Bhagwati are economic folklore. Welcome to the latest slugfest. Sen has denounced demonetisation as “despotic”. But Bhagwati, in a joint article with Pravin Krishna and Suresh Sundaresan, calls demonetisation “courageous”, with the “potential …
It’s Sen vs Bhagwati time of the year again. This time on demonetisation Read More »
“I grabbed America by the p***y, and she said yes.” I just invented that Trumpism, yet it sums up the crudity, misogyny and contempt for civic values and political correctness that has propelled Donald Trump into the White House. In …
Donald Trump no solution to civilisational crisis facing the West Read More »
Sunil Khilnani’s book, The Idea of India, pictured India as transcending territory and reaching into the realms of ideals. Equally, ‘The Idea of Tata’ has long transcended mere corporate aims and aimed far higher. That idea has been eroding for …
Global bonds are worth over $100 trillion, while global stocks are worth only $64 trillion. Daily bond trading is $700 billion against $200 billion for shares. Stock markets hog the limelight. But bond markets matter more. Danger: they have become …
Central Banks in Wonderland: The Coming Bond Crash Read More »
Switzerland recently held a referendum on a Universal Basic Income (UBI) for all citizens. Voters rejected the proposal 77 per cent to 23 per cent because of its prohibitive cost and implicit reward for idleness. But the idea has caught …
Universal Basic Income is neither desirable nor practical Read More »
Analysts have warned for years that India risks being isolated from global trade negotiations because its stalling tactics in the World Trade Organization (WTO) have caused Western powers to lose interest in that organisation. Instead, they have shifted to bilateral …
India gets breathing space as regional mega-trade agreements stall Read More »
The high price of dal is big news. Rahul Gandhi says arhar dal costs as much as Rs 180 a kg, more than even the cost of chicken, and sneers derisively that the BJP chant of ‘Har har Modi!’ should …
The future of dal should be high-protein soya — with the right price Read More »
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