Arguably, the most-hated industry in the world is the pharmaceutical industry. Since dying people will pay anything, the normal price resistance of consumers disappears. So, profit margins for new patented drugs can be humongous. When anti-AIDS drug cocktails were invented …
India should attract Chinese investment even while checking it strategically Without making big national headlines, China’s Gland Pharma launched the biggest initial public offering (IPO) of shares in Indian pharmaceutical history of ₹6,500 crore in November. This was oversubscribed more …
Let me stick my neck out and say 2021 is going to be a tough year for the BJP. Its landslide win in the 2019 general election has diverted attention from the fact that it has fared badly in 11 …
Covid apart, what was 2020’s main trend? Some say Hindutva rose and civil liberties fell. The Economist claimed India was moving towards a one-party state. I would argue exactly the opposite. India has proved that multi-party democracy and dissent are …
India less secular but far from a one-party state Read More »
India’s police force, for all its blights and corruption, is overstretched and needs help Like many, I have watched the fascinating Netflix series ‘Delhi Crime’. Unusually, it is told from the viewpoint of a harassed, overworked and unfairly castigated police …
The agitating Punjab farmers can be painted as saints or sinners. On the one hand, they spearheaded the Green Revolution in the 1960s when India was starving, helping India become not just self-sufficient but a grain exporter. For this they …
Farmer agitation: Use iron fist in a velvet glove Read More »
Individual rights are freedoms guaranteed by the Constitution. Group rights are politics. In a democracy, politicians pander to vote banks and hence often back rights demanded by religious or caste groups. Individual rights do not have the same political clout. …
Apex court needs to strike down ‘love jihad’ laws Read More »
Even if there’s a Covid resurgence, India’s economic turnaround is heartening India is recovering from the Covid-19 recession much faster than seemed possible a few months ago. GDP crashed 23.9% in the April-June quarter, among the sharpest falls in the …
Netflix’s documentary ‘Bad Boy Billionaires’ related the lives and scandals of Vijay Mallya, Nirav Modi and Subrata Roy. All three businessmen had political contacts or illegal means of accessing thousands of crores of bank finance. Just imagine what would have …
By winning five seats in the Bihar state election, Asaduddin Owaisi’s AIMIM (All India Majlis-e-Ittehad-ul-Muslimeen) has proved it is no longer a fringe player or spoiler. It is now a party that none can ignore. It could become kingmaker in …
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