When the BJP swept Uttar Pradesh’s state election’s five years ago, it was clearly Narendra Modi’s victory. This time it was also Yogi Adityanath’s victory. UP has denied chief ministers of any party re-election for 37 years. Yogi has bucked […]
Yogi’s crusade against crime pays dividends Read More »
I have covered many election rallies but never come as close to death as at a rally of Akhilesh Yadav, head of the Samajwadi Party, in Ballia, eastern Uttar Pradesh, on March 1. Some of us journalists had been allowed
What a close shave in UP tells us about BJP’s prospects Read More »
Far from condemning Russia for invading Ukraine, some Indians admire it. One person asked me: “Why can’t we be like Russia and invade Pakistan-occupied Kashmir?” He saw nothing immoral in it. An amoral answer is that India lacks Russia’s immense
Ukraine will upend Sitharaman’s dream budget Read More »
Innumerable customs duty changes in the budget occupy 52 pages of tedious print. This entrenches the current protectionist. The earlier Atal Bihari Vajpayee era of BJP rule went for aggressive tariff-cutting, improving Indian competitiveness and spurring record GDP growth exceeding
It\’s time India realises the economic perils of rising protectionism Read More »
Innumerable customs duty changes in the budget occupy 52 pages of tedious print. This entrenches the current protectionist. The earlier Atal Bihari Vajpayee era of BJP rule went for aggressive tariff-cutting, improving Indian competitiveness and spurring record GDP growth exceeding
It\’s time India realises the economic perils of rising protectionism Read More »
Industrialists have delightedly hailed the government’s new green hydrogen policy offering incentives to produce 5 million tons of hydrogen by 2030. India already produces solar and wind energy more cheaply than new thermal power. But while renewables can replace fossil
Why it is too early for government to bet big on green hydrogen Read More »
Well done Shaktikanta Das! The RBI Governor has slammed cryptocurrencies as “a big threat to the country’s financial and macroeconomic stability” and a trap for unwary investors. “Cryptos have no underlying asset, not even a tulip.” History is replete with
Crypto craze can go the same way as tulip mania Read More »
Budget 2022: Highlights Will the ghost of Pranab Mukherjee come back to haunt Nirmala Sitharaman? She has opted for a high fiscal deficit for the third time in a row to keep stimulating an economy still recovering from Covid. This
Nirmala Sitharaman is right to gamble on growth. But she should know it’s a gamble Read More »
The Budget has been widely praised for avoiding populist freebies before the coming state elections and focusing instead on a big investment thrust to accelerate economic growth and lift all boats. The black spot is the failure of privatisation this
FM could privatise 1% at a time Read More »
This is, by design, a ‘boring’ Economic Survey. Anybody seeking clues to the budget proposals in the Survey 2021-22 will be disappointed. Having gone through several changes in the last two decades, the Survey has reverted to an earlier avatar
Economic Survey 2021-22: India is ready for strong, agile FY23 Read More »
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