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 […]
India will not be able to choose its policy stance in 2023; it will have to react to a very volatile global situation. In a best-case scenario, growth could zoom to 7%. In a worst-case scenario, it could sink to
2023 could be anything, from boom year to crash Read More »
The current fiscal deficit is already 6.4%, and this needs slashing in the medium term. However, that may not be possible in the short term, with a recession staring us in the face. That strengthens the case for a status
The case for a status quo Budget Read More »
Please rethink your demand to abolish the National Pension System (NPS), the great reform that your own party enacted in 2013. Your party has brought back the old pension scheme (OPS) in Rajasthan and Chhattisgarh, two states where it rules,
Fund-mentally disastrous: Why a return to Old Pension Scheme is a giant freebie Read More »
The key hypocrisy in this story is that India’s private radio stations want to broadcast current affairs, but are prohibited from doing so. They are not allowed to generate any current affairs content, and can only repeat AIR news broadcasts,
Why government should stop telling television channels what to broadcast Read More »
However, in a June 2019 analysis, Ryan Bourne of the Cato Institute says history shows that supposed monopolies are temporary, and old giants are constantly ousted by new ones. The Great Atlantic and Pacific Tea Company (A&P), the US retailing
FAANGs won’t bite forever: Why Big Tech monopolies are only temporary Read More »
The future lies in services, not manufacturing. This is good news since India has a greater comparative advantage in services than in manufacturing, and should be building on its strengths. Instead, the government seems obsessed with manufacturing and is pouring
Mistaken priority: Putting all eggs in manufacturing basket is starving services Read More »
Along with Taiwan’s Foxconn, Anil Agarwal’s Vedanta plans to set up India’s first silicon fabrication plant (fab) in Gujarat, along with a display glass unit, costing a whopping $20 billion (₹1.6 trillion). Silicon from this project will be sliced into
Are subsidies for silicon fabrication plants liable to be wasteful ‘revadis’? Read More »
When Russia invaded Ukraine in February, the US and its Nato allies quickly imposed tough sanctions on Russia, including the freezing of its foreign exchange reserves and suspension from the SWIFT (Society for Worldwide Interbank Financial Telecommunication) payments system that
Who’s sanctioning whom? How the Ukraine screenplay has been reversed Read More »
Chief Justice N V Ramana has, astonishingly, waded into the controversy of political parties promising endless freebies that could plunge countries into disaster. He says political parties do not want to curb such excesses, so a specialised body should tackle
A fundamental problem of democracies: What constitutes good and bad freebies? Read More »
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