The Times of India

High inflation means that the Congress-led UPA government is in serious danger of losing the next general election. Voters tend to revolt when inflation exceeds their tolerance level, which today is probably no more than 5%. Wholesale price inflation is […]

For nearly two decades, Swaminomics has argued that India must stop treating the outside world as a threat – as in the old socialist days – and view it as an opportunity. Historically, India was and can once again become

How important is nuclear power going to be in India\’s future? Nobody knows for sure, since the future is full of uncertainties. But the nuclear option is a must for providing energy security. Manmohan Singh thinks nuclear energy will be

Having won over the Samajwadi Party (SP), the Manmohan Singh government can push ahead with the Indo-US nuclear deal, and hope to complete its full five-year term. If the government survives the trust vote, Congressmen will be delighted, since they

Politicians in India and abroad have lambasted traders who buy oil contracts for future delivery as speculators that have driven oil to $145/barrel. In fact, India itself should start buying oil futures and options. This will be a sensible risk

Politicians in India and abroad have lambasted traders who buy oil contracts for future delivery as speculators that have driven oil to $145/barrel. In fact, India itself should start buying oil futures and options. This will be a sensible risk

From ancient times, Indian rulers have always blamed inflation on the perfidious bania. That is happening globally today. Politicians everywhere are blaming speculators for high inflation. Actually, inflation occurs when too much money chases too few goods. Today, no great

Predicting oil prices is a mug\’s game. Yet I will stick my neck out and forecast that oil will fall from today\’s $135/barrel to under $100/barrel by the end of 2008. Usually, when prices go up, demand falls. But world

India has a world-class elite sitting on top of hundreds of millions with low skills and literacy. This accounts for the title of a new study on India\’s educational tragedy — \’India Shining and Bharat Drowning\’ — by Jishnu Das

Crude oil costs $135/barrel globally, but Indian prices of petroleum products have long been linked to barely $60/barrel. This has meant under-recoveries — explicit and implicit subsidies to consumers — of a whopping Rs 2,45,000 crore. So, the government has