Articles

Who is migrating where?

Intellectuals sometimes say Western countries are hypocrites who extol free movement of goods and capital, but control free movement of people through visas. True, but our own curbs against Pakistani and Bangladeshis are no less stringent. Nor do our neighbours …

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Tale of two divestments

The good news is that Maruti’s initial public offer (IPO) of shares was vastly oversubscri-bed. Its stock market price has gone up to Rs 175 against a subscription price of Rs 125, yielding a handsome profit to small investors who …

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How to revive investment

Many things have improved in India since the reforms of 1991, but not the country’s investment rate. Investment is profitable, and corporate profits rose by over 50 per cent last year. Yet, investment refuses to take off, despite many incentives …

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