The Indian price of gold has risen sixfold in the last decade, fuelling a record speculative import spree. Soaring gold imports have hit $42 billion in the first ten months of 2012-13 , pushing the current account deficit to near-disaster …
The Supreme Court’s denial of a patent for Glivec, an anti-leukaemia drug made by Novartis of Switzerland, has been widely but wrongly hailed by NGOs and castigated by pharmaceutical companies as an attack on patents and a victory for cheap …
West should learn from India’s high patent standards Read More »
Different states have different strategies to combat Maoism, which still produces violence in 80 of India\’s 620 districts. Chhattisgarh has used quasi-military force and created an anti-Maoist militia, SalwaJudum, which is widely criticised for violating human rights. Andhra Pradesh has …
The Census Commissioner has released a new report showing that 64 million people, representing one in six urban residents, live in slums with unsanitary conditions “unfit for human habilitation.” This has caused much moaning and groaning. But conditions are far …
At a massive Delhi rally, Bihar chief minister Nitish Kumar boasted of the state\’s major achievements after he assumed power, and proclaimed a Bihar model of development for others to follow. If we view development as a sort of Olympics, …
Bihar, Odisha, Chhattisgarh and Madhya Pradesh, once derisively called Bimaru states, have suddenly started growing much faster than the national average. They have followed widely divergent paths to success, which need elucidation. In 2011-12, national GDP growth was 6.21%. But …
Lessons in good governance from former \’Bimaru\’ states Bihar, Odisha and Chhattisgarh Read More »
Bihar, Odisha, Chhattisgarh and Madhya Pradesh, once derisively called Bimaru states, have suddenly started growing much faster than the national average. They have followed widely divergent paths to success, which need elucidation. In 2011-12, national GDP growth was 6.21%. But …
Lessons in good governance from former \’Bimaru\’ states Bihar, Odisha and Chhattisgarh Read More »
Massive imports of oil and natural gas have exacerbated India’s big trade deficit, which is a hurdle to the acceleration of economic growth. Light at the end of the tunnel comes from a technological breakthrough last week by JOGMEC (Japan …
Dear Rahul Gandhi, You hit the headlines last week by saying you are disinclined to marry and have kids because then \”I will become a status quoist and will become concerned about bequeathing my position to my children.\” Second, you …
\”Can\’t buy me love,\” sang the Beatles. \”Can\’t buy me an election\” is the theme of this year\’s budget. Finance ministers usually produce freebies, subsidies and waivers in their last budget before an election. Such attempts to buy votes have …
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