The Economic Times

Should India stop accumulating reserves so rapidly and let the rupee appreciate against the dollar? Absolutely, said IMF chief economist Kenneth Rogoff when he visited India recently. He gave similar advice to all emerging Asian economies at the annual meeting […]

There has been much loose talk this year about a unipolar world in which the hegemonic USA dominates the globe as none has done since the Roman Empire. That has now been exposed as pure hype by US setbacks at

This year marks not only the 56th anniversary of Independence but also the 60th anniversary of the Bengal Famine, in which 2.1 million people died. In 1943 the Raj ignored the drought in Bengal, claiming preoccupation with the war effort

For years, many people have urged the pruning of government staff. The last Pay Commission spoke of pruning the civil service by 30%. So many will be surprised to learn that India has an exceptionally small bureaucracy by international standards.

As we approach the coming election season, more and more people will climb on to the bandwagon of job quotas for minorities and SCs/STs in the private sector. The Congress party has done just this at its Shimla conclave. Mayawati

As we approach the coming election season, more and more people will climb on to the bandwagon of job quotas for minorities and SCs/STs in the private sector. The Congress party has done just this at its Shimla conclave. Mayawati

The Indian public and press wail endlessly about crimes that go unpunished, from fraud and embezzlement to rape and murder. But one major crime attracts no attention or odium: perjury. The only newspaper column I can recall on this subject

Anybody seeking a brief but expert look at India’s trade performance and prospects should read a new book by T N Srinivasan and Suresh Tendulkar. The title is significant: “Reintegrating India with the World Economy.” We talk about opening up

A visit to Afghanistan is a sobering one. Like most Indians, I celebrated the Taliban’s overthrow. Eighteen months later, the celebration looks premature. In theory, democracy has been restored and reconstruction has begun after two decades of civil war. In

Computer software is India’s fastest-growing and most competitive industry. The global recession of 2001 sent most technology companies the world over into a tailspin. Yet the Indian software industry kept growing by 25 % annually. This was slower than the