Articles

The Bombay Club is not flatly protectionist. Most of its businessmen-members agree that India must open up, globalise, and get competitive. But they plead, \”We need temporary protection for 10 years more. For 50 years, the license-permit Raj prevented us […]

Rich countries are hypocrites that demand free movement of goods and capital but do not want free movement of labour, and this inequity must end. So said developing countries at the G-15 meeting in Kuala Lumpur this week, after having

Rich countries are hypocrites that demand free movement of goods and capital but do not want free movement of labour, and this inequity must end. So said developing countries at the G-15 meeting in Kuala Lumpur this week, after having

Of all the false notions deeply embedded in current debates, none is more entrenched than the idea that Indian companies are incapable of standing up to competition from multinationals. Parle has sold out to Coca-Cola, Kwality ice-cream has been bought

Demonising your foes achieves little except to cloud your own judgement. Gandhiji recognised this, many in the Indian media do not. When Queen Elizabeth and the Duke of Edinburgh visited the martyr\’s memorial at Jallianwala Bagh in Amritsar, they were

Demonising your foes achieves little except to cloud your own judgement. Gandhiji recognised this, many in the Indian media do not. When Queen Elizabeth and the Duke of Edinburgh visited the martyr\’s memorial at Jallianwala Bagh in Amritsar, they were

Can India keep it up? For the last three years, it has averaged GDP growth of 7 per cent, not far short of the 8 per cent achieved by East Asian miracle economies. But this year, the economy is decelerating.

Ten years ago, I asked Dr Inderjit Singh, an economist in the World Bank what he found was the main difference between dealing with China and with India. He replied, \”The Chinese are anxious to learn, the Indians think they

When India started wooing foreign investors in 1991, critics warned that this would lead to the return of the East India Company. Business is never divorced from politics, they said, and letting in American investors will mean letting the US

India wins glorious battle over wicked Americans trying to patent haldi (turmeric) and steal our traditional knowledge. David slays Goliath. Third World beats First World. These were the messages implicit in newspaper and TV headlines last week after India contested