Greta Thunberg, the 16-year old Swedish girl who lectured the United Nations on climate change, is being touted as a possible Nobel Prize winner. She believes she and her white Swedish teenage friends have to save the world from us […]
Sorry Greta, India needs more coal to power growth Read More »
With time, effort and luck, Ladakh could become north India’s power hub Swaminathan S Anklesaria Aiyar Thegovernment says converting Jammu and Kashmir into a Union territory (UT) will encourage a business investment boom, accelerating economic growth and employment. That’s a
Follow the Sun, Hindustan Read More »
When private sector banks were allowed to open in the 1990s, some economists thought big industrialists were the obvious candidates. But businesses are potential borrowers, and so should not control lending institutions: that creates an obvious conflict of interest. I
PMC’s brazen crookery shows why industrialists should not own banks Read More »
On August 28, British Prime Minister Boris Johnson prorogued Parliament to thwart his opponents from stopping a no-deal exit from the European Community. Outraged critics immediately petitioned the courts. On September 5, a London divisional court heard the case in
UK’s swift 27-day ruling puts our system to shame Read More »
Cutting corporate tax to accelerate growth could be the first step to structural change Bravo, Nirmala Sitharaman. After becoming finance minister and presenting a second-rate Budget, you have seemed a timid tinkerer, making dozens of marginal changes to try and
The Beginning of a Start? Read More »
The government is spinelessly hypocritical in banning the use of e-cigarettes, popularly called vaping because it entails inhaling nicotine-infused vapour from a heated liquid cartridge. Vaping has existed for only a decade, so long-term studies of its health effects are
Why ban vaping but not the more dangerous bidis? Read More »
The Modi government recently amended the Motor Vehicles Act, sharply increasing (up to 10 times) penalties for traffic offences to try and halve deaths and injuries from road accidents by 2020. India has among the worst road accident records in
Heavy fines a way, but crush apathy for road safety Read More »
President Donald Trump’s trade wars may turn out to be political suicide Auto sales are falling, workers are being laid off in droves, and manufacturing is in reverse gear. I am not writing about India but about the US. General
Make America Grate Again Read More »
Gloom surrounds the end of the decade of the 2010s. The euphoria of the 2000s has been replaced by sulky disappointment as the 2010s end. This is not just a cyclical downswing. Something deeper has gone seriously wrong. In the
2010s: The decade is ending on a sour note for Indian economy Read More »
India’s GDP growth slowed to 5% in the April-June quarter, the slowest since the scam-hit days of UPA-2. From 8.2% a year ago, growth has fallen sharply quarter after quarter. This is the combined effect of a cyclical global downswing
Bank mergers and minor policy changes won’t revive economy Read More »
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