Articles

Vikram Seth has received a phenomenal 1.3 million pounds as an advance for his next book. No longer are authors typically starving idealists. Today, the successful ones are millionaires armed with tax and investment advisors. Even those claiming to disdain […]

Dear Jaswant Singh, You were doubtless grieved by the Cabinet\’s decision not to send troops to Iraq. So too were others who share your view of India as a regional power that acts as an arbiter or peace. But all

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

Dear Capt Amarinder Singh, I regret I could not attend the Punjab government workshop this week on reviving Punjab\’s economy, focusing on a second green revolution based on fruits and vegetables. But let me share with you an insight from

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

The conventional argument for foreign direct investment (FDI) is that it brings in foreign exchange. The conventional argument against FDI is that it displaces domestic manufacturers. Both arguments are mainly wrong. Above all, FDI brings in knowledge and marketing links

Will the US now attack Iran? Or Syria or North Korea? Learned articles are being written about this, but most are based on foreign policy considerations alone. In fact decisions are taken by politicians with very private agendas. President Bush\’s