Indian films are going though a revolution. Ram Gopal Varma ki Aag , billed as blockbuster of the year, flopped. So did earlier big-budget films such as Jhoom Barabar Jhoom and Salaam-e-Ishq . But high-quality small-budget movies have done well. […]
How the reforms changed Bollywood Read More »
Journalists do not have a good reputation for predicting recessions. Indeed, they are reputed to have predicted 10 of the last three recessions. A month ago, I wrote that the US had a 33% chance of going into recession next
Recession is a probability now Read More »
The CPM threatens to bring down the government. Its main objection is not to the Indo-US nuclear deal so much as the proposed strategic partnership with the US, whom it regards as an imperialist threat to India and the whole
Indian versus American hegemony Read More »
Indian leftists are outraged by the way Indian Ambassador to the US Ronen Sen has defended the nuclear deal with the US. The uproar has focused on Sen\’s description of critics of the nuclear deal as \’\’headless chickens.\’\’ Sen has
Don\’t hate Bush, he\’s India\’s best friend Read More »
Indian leftists are outraged by the way Indian Ambassador to the US Ronen Sen has defended the nuclear deal with the US. The uproar has focused on Sen\’s description of critics of the nuclear deal as \’\’headless chickens.\’\’ Sen has
Don\’t hate Bush, he\’s India\’s best friend Read More »
The slump in global stock markets since July has wiped out an estimated $5 trillion of wealth, five times the GDP of India. So, world inequality has fallen dramatically. Are poor people across the world celebrating the great reduction of
Markets slump and inequality Read More »
Even if the US converts the 123 agreement into law, no US supplier will look at India until it passes a liability protection law. Since the Congress-led coalition lacks a majority, it cannot pass any legislation without your support. By
Relax, Mr Karat: 123 is a non-starter Read More »
The 60th anniversary of indepen-dence launched a thousand colum-ns on the achievements and failur-es of the last six decades. Some extolled our democracy and rise as an IT power. Others bemoaned the collapse of governance and appalling lack of basic
Our greatest achievement: longer lives Read More »
We are celebrating, simultaneously, the 60th anniversary of Independence and 150th anniversary of the 1857 mutiny against British rule. Some historians and most politicians call the mutiny the first war of independence. This is a dubious proposition. The concept of
Freedom, won by himsa or ahimsa? Read More »
The sub-prime problem may not be a big deal in itself. But it\’s a symptom of a bigger problem in the real economy: the bursting of the US housing bubble… The US is not the only market with a housing
Will the housing bubble burst hit India? Read More »
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