Baba Ramdev’s financial naiveté is only to be expected. But i am astonished that the media endlessly repeats the myth that enormous hoards of black money are lying in Swiss banks. Only financial illiterates will leave their money in Swiss […]
Our black money is here, not in Switzerland Read More »
We Indians have done a thousand lousy things. But near the top of the list is the hounding out of Maqbool Fida Husain, our greatest painter, who died abroad last week, aged 95. This was not an isolated incident: author
Attack on artistic freedom is our shame Read More »
In a recent column in The Times of India, I showed that Indian business was not a small cozy club of crony capitalists: newcomers kept getting into the top 30 with surprising regularity. Of the 30 companies in the Bombay
Competition: Newcomers keep penetrating BSE\’s top 30 Read More »
In a recent column in The Times of India, I showed that Indian business was not a small cozy club of crony capitalists: newcomers kept getting into the top 30 with surprising regularity. Of the 30 companies in the Bombay
Competition: Newcomers keep penetrating BSE\’s top 30 Read More »
Crony capitalism has been in the spotlight because of the 2G telecom scam, mining scams and real estate scams like Satyam. Apart from corruption, crony capitalism can help entrenched oligarchs to shut out talented newcomers lacking political contacts. Steven Pearlstein
India Inc is not a small crony club Read More »
After being thrashed in West Bengal and losing in Kerala, CPM policies have come in for much criticism. Yet it is not just the Left Front that lost. It is also the notion that this country suffers from a grave
Bharat and India joined at the hip Read More »
Given the depth and complexity of the Eurozone crisis , many observers say the next IMF chief should be from Europe. Phooey! During the Asian financial crisis, nobody suggested that the IMF should be headed by an Asian. Indeed, Asians
No Politician to head IMF, Please Read More »
As we approach the 20th anniversary of the fall of the Soviet Union and its red empire, one minor principality of that empire, West Bengal, has also fallen. A post-election analysis by Brinda Karat shows how blind the CPM is
Social democracy, not communism Read More »
The electoral debacle of the DMK-Congress in Tamil Nadu highlights public disgust with corruption , and underpins the Anna Hazare anti-graft crusade. But is corruption really worsening, or is the public simply angrier about it? Most survey data suggest, surprisingly
As public anger increases, corruption falls Read More »
If people are totally free, the most talented (and lucky) will get far richer than the dullest and unluckiest. So, freedom will create inequality. Communist countries aimed for equality of outcome through totalitarian controls, but this was hypocrisy: there was
Don\’t worry about inequality Read More »
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