The Economic Times

I was reminded of this when Indian External Affairs Minister Jaishankar recently said, “The West has a bad habit of commenting on others. They somehow think it is some kind of God-given right. They will have to learn only by […]

Incentives should not be extended beyond five years: the biggest risk is that they will continue forever in flop sectors to save face and jobs. Demands from additional sectors to get PLI must be resisted. 14 sectors are already too

India has a huge comparative advantage in skilled labour, especially engineering skills. India now produces 600,000 engineers a year, and MNCs are harnessing this flow of inexpensive skills. Accenture has 300,000, of its global workforce of 700,000 in India. IBM

In this millennium, central banks across the world have adopted inflation targeting, sometimes to the exclusion of other concerns like economic growth or employment. Some monetarists hold that central banks should target only one parameter – inflation – since simultaneously

In 2006, I researched and wrote a paper for the Cato Institute on Gujarat’s new strategy of port-based development. This strategy was launched by Congress chief minister Chimanbhai Patel in the early 1990s and expanded by BJP successors. I visited Gautam Adani‘s

Globally, similar corporate revelations occur periodically. They highlight the shortcomings of investment banks and credit agencies that give good marks and encourage massive investment in companies without sufficient scrutiny. The Hindenburg report is an indictment of global credit agencies and

The budget has taken advantage of the fiscal space created by the end of the Covid free-food programme, lower fertiliser subsidies, and a sharp reduction in MGNREGA outlay. This has made possible the reduction of ₹37,000 crore in direct taxes.

The world economy is slowing and may experience a major recession later this year. In earlier recessions, India was hit hard, but the Economic Survey is confident that India has become a resilient economy, far more so than others, that

Those that have not followed the twists and turns of Iraqi politics may be surprised to know that the current regime in Baghdad is very pro-Iran. This has naturally dismayed US diplomats, who expected that by toppling Saddam Hussein in

Social media have found that the most addictive way of grabbing the attention of viewers is to shower them with hate and sensational falsehoods, not carefully filtered truths. Human nature being what it is, hate and falsehoods attract far more