Politicians make policy, bureaucrats implement them. Trust and harmony between the two can produce amazing results. If trust and harmony decline, so do decision-making and economic performance. Bureaucrats can function brilliantly if they get clear signals from their political bosses, […]
Why babuji goes too slow Read More »
When the World Trade Organisation (WTO) was created in 1995, critics protested that India must not join this vehicle of US imperialism, whose tough patent rules would ruin India’s agriculture and pharmaceutical industry. They could not have been more wrong.
WTO becomes India’s protector, not predator Read More »
ET Now caught up with Swaminathan S Anklesaria Aiyar, Consulting Editor, ET Now, for his take on the Third Front and whether it will be able to shake up the Indian politics or not. Excerpts: ET Now: Will the Third
Prospects of Third Front are not looking too good Read More »
Opinion polls predict the worstever defeat for the Congress in the coming election. The party swore by the aam aadmi for a decade, promising him succour through a rights-based approach . Alas, the aam aadmi rejects this categorically. In 2009,
Why Sonia’s right-based approach was rejected by the aam aadmi Read More »
Aam Admi Party chief Arvind Kejriwal has filed an FIR (first information report) accusing petroleum minister Veerappa Moily of conspiring with Mukesh Ambani to raise the price of natural gas, bestowing billions of windfall profit on Reliance Industries Ltd. Now,
FIR against Moily? As absurd as one against Kejriwal Read More »
January 30, the death anniversary of Mahatma Gandhi, drove home the growing irrelevance of the father of the nation. In West Bengal, not a single state cabinet minister attended the formal ceremony held by the Governor. In Mumbai, mayor Sunil
Ambedkar vs Gandhi: The risks of village empowerment Read More »
Many analysts and businessmen fear that the Aam Aadmi Party (AAP), dominated by socialists and Marxists like Yogendra Yadav and Prashant Bhushan, is an extreme Left party. These fears are overblown. The AAP has appointed a seven-member committee to formulate
AAP can take a leaf out of Amartya Sen’s book Read More »
Once again, emerging market currencies are falling but not nearly as dramatically as in May-August 2013. The episode was sparked by the US Fed indicating it would soon taper and eventually end quantitative easing (QE3). Tapering is now partly priced
Rupee slide to 65/dollar and shrinking CAD will boost India\’s exports and growth Read More »
Once again, emerging market currencies are falling but not nearly as dramatically as in May-August 2013. The episode was sparked by the US Fed indicating it would soon taper and eventually end quantitative easing (QE3). Tapering is now partly priced
Rupee slide to 65/dollar and shrinking CAD will boost India\’s exports and growth Read More »
Mumbai’s proposed fourth airport at Navi Mumbai, essential for future traffic, is in trouble. Huge increases in proposed compensation to landowners have raised the project cost to Rs 14,000 crore, almost five times the initial estimate. Some villagers have refused
The case for offshore airports Read More »
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