Articles

We are used to thinking of the USA as the economic superpower of the world, and the dollar as the strongest currency. Yet the dollar has weakened against the rupee in the last six months, and weakened even more (by […]

For three decades after independence, India so consistently averaged GDP growth of 3.5 per cent per year that it came to be called the Hindu rate. Then in the 1980s India graduated to the range 5-6 per cent, though unsustainably:

The media are full of stories about US war plans. Apparently it will drop more bombs in the first three days of the war than in the entire Gulf War of 1991. It will occupy the northern and southern regions

The media are full of stories about US war plans. Apparently it will drop more bombs in the first three days of the war than in the entire Gulf War of 1991. It will occupy the northern and southern regions

The Union Cabinet wants to ban all forms of cigarette advertising. I do not smoke, yet am uneasy about the ban. If a product is a social menace, we should ban it. But if it is good enough to produce,

Last week, I predicted a global recession, exuding gloom about the future of the Indian economy and the IT industry in particular. I said the world typically went into recession when the price of the oil crossed $30 per barrel

Industrial production is rising, exports are booming, foreign exchange reserves have gone through the ceiling. Even sectors like steel and paper that got trashed during the recession of 1991 are now surging into high profits. Business confidence surveys show an

Industrial production is rising, exports are booming, foreign exchange reserves have gone through the ceiling. Even sectors like steel and paper that got trashed during the recession of 1991 are now surging into high profits. Business confidence surveys show an