The media and public have deplored the buying and selling of legislators to influence voting in the motion of confidence in Parliament. They have also deplored the spectacle of convicted criminal MPs being released from jail to vote. This has […]
How to check money in politics Read More »
How important is nuclear power going to be in India\’s future? Nobody knows for sure, since the future is full of uncertainties. But the nuclear option is a must for providing energy security. Manmohan Singh thinks nuclear energy will be
Nuclear power gives energy security Read More »
Having won over the Samajwadi Party (SP), the Manmohan Singh government can push ahead with the Indo-US nuclear deal, and hope to complete its full five-year term. If the government survives the trust vote, Congressmen will be delighted, since they
The advantages of irrelevance Read More »
Politicians in India and abroad have lambasted traders who buy oil contracts for future delivery as speculators that have driven oil to $145/barrel. In fact, India itself should start buying oil futures and options. This will be a sensible risk
India should turn \’oil speculator\’ Read More »
Politicians in India and abroad have lambasted traders who buy oil contracts for future delivery as speculators that have driven oil to $145/barrel. In fact, India itself should start buying oil futures and options. This will be a sensible risk
India should turn \’oil speculator\’ Read More »
India today presents a sorry picture of messed-up opportunities and policies. The government may fall because of Marxist resistance to the Indo-US nuclear deal. The government is too timid to pass on the high price of oil and fertilisers to
Indian lessons & non-lessons for China Read More »
From ancient times, Indian rulers have always blamed inflation on the perfidious bania. That is happening globally today. Politicians everywhere are blaming speculators for high inflation. Actually, inflation occurs when too much money chases too few goods. Today, no great
Excess speculation or excess money? Read More »
Predicting oil prices is a mug\’s game. Yet I will stick my neck out and forecast that oil will fall from today\’s $135/barrel to under $100/barrel by the end of 2008. Usually, when prices go up, demand falls. But world
Oil will fall below $100 a barrel Read More »
I was a gung-ho liberaliser when economic reforms began in 1991. At the time, a sceptical politician asked me which sectors would benefit most. I replied it was not possible to predict the winners. In that case, he sneered, why
Path to nowhere leads to success Read More »
India has a world-class elite sitting on top of hundreds of millions with low skills and literacy. This accounts for the title of a new study on India\’s educational tragedy — \’India Shining and Bharat Drowning\’ — by Jishnu Das
Bharat Drowning or Bharat Rising? Read More »
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