Led by Thomas Piketty, leftist economists protest that inequalities are getting intolerable, so the richest should be taxed severely. Countering this, Jeff Bezos of Amazon pointed out last year that company founders had frequently made minority shareholders extremely wealthy. He […]
Taxing the rich? The middle class would much rather join them Read More »
Donald Trump is advertising his abduction of Venezuela’s President Maduro as hard-nosed realpolitik. Without putting troops on the ground, he says Washington will do business with Nicolás Maduro’s lieutenants, secure oil, and put American companies — notably Chevron, Exxon Mobil,
To put it crudely, Big Oil will scupper Trump’s Venezuela plan Read More »
Trump has triumphed over critics, including me, in 2025. His state of the union message in January foretold a sharp rise in tariffs, and dismantling of the global rulesbased economic system as well as the US’ role as global policeman
In 2026 Trumpism could fail but that might not affect India Read More »
Synopsis Despite initial fears of a global recession due to Trump’s protectionist policies, the US and India experienced robust economic growth in 2025, fueled by an AI boom and lower-than-threatened tariffs. However, a potential AI sector slowdown and rising inflation
Synopsis Many Indian analysts and politicians have long argued for a multipolar world. They now have it, formally spelled out in American English. Yet, it’s no cause for celebration at all. China, which claims Arunachal Pradesh as its own, continues
Opening the nuclear power sector to private investors is desirable. But India should proceed cautiously without rigid targets, ready for sharp changes in the investment mix as required. The govt has announced the opening of nuclear power to the private
Push, not rush. India shouldn’t lock itself into nuclear power Read More »
India’s GDP growth of 8.2% in Q2 FY26 has astonished even seasoned observers. This is not merely ‘better than expected’, or ‘excellent’. It’s, as one analyst put it, ‘almost surreal’. Surreal not because India has never grown at this pace.
India’s 8.2% GDP surprise points to a quiet economic revolution Read More »
Synopsis India’s Q2 FY26 GDP jumps 8.2%, defying global slowdown. Strong growth in manufacturing, services, and investment signals a structural economic shift, driven by multiple reforms and rising productivity. India’s GDP growth of 8.2% in Q2 FY26 has astonished even
This article was originally published by The Times of India on Nov 19, 2025.
Swami’s Column: A brave move I suggest RBI governor should make Read More »
Synopsis In light of India’s ambitious growth targets, there is a compelling appeal for RBI Governor Sanjay Malhotra to rethink the relevance of the Statutory Liquidity Ratio (SLR). This antiquated rule compels financial institutions to allocate a significant portion of
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