The Times of India

Former Chief Economic Advisor Arvind Subramanian said India had moved from socialism with limited entry (for firms) to capitalism without exit. Alas, capitalism without exit is zombieland, full of companies neither dead nor alive. The problem has been intensified by […]

After 20 Indian soldiers were killed by the Chinese in a border clash, there are jingoistic screams in the media. Critics want to delink India economically from China and boycott Chinese goods. Others want to teach China a military lesson,

In Prime Minister Narendra Modi’s Rs 20-trillion package, power reforms are the most urgent. Electricity prices have long been political prices unrelated to costs, efficiency or morality. For decades, chief ministers took kickbacks on power contracts and forced state electricity

The Covid crisis has diverted attention from a major breakthrough that should leave all smiling. The latest auction for 400 MW of solar power, including storage, has been won by ReNew Power with a levelised tariff of Rs 3.52/unit over

Beloved brothers and sisters, We have been struck by the worst tragedy since Independence. We shall overcome, with courage and resilience. But we must also change course in the light of experience. Colleagues and experts advised me to announce a

India’s lockdown has been eased by dividing the country into red, orange and green zones, with high, medium and minimal infections so far, and correspondingly tough curbs on economic activity. This can at best be a very temporary measure. Beyond

The most startling lesson from global experience is that shutdowns may be killing almost as many people as the Covid virus. The supposed cure is almost as bad as the disease. The Financial Times, London, analysed excess mortality in March

I have castigated the government for curbing Chinese investments in India. Critics accuse me of endangering national security by espousing unhindered entry of a superpower that is not-so-friendly, if not an outright foe. Chinese companies are not normal foreign investors

Forget caution, India should rapidly ease the Covid shutdown to revive the economy. Otherwise it may suffer the worst of both worlds — economic collapse without checking the virus. At a Princeton University webinar last week, economics Nobel laureate Angus

Of US President Donald Trump’s many outrageous acts, few rival his threat to impose economic sanctions on India unless it lifts its ban on export of hydroxychloroquine — a drug used to combat malaria, lupus and auto-immune diseases — and