The Economic Times

GoI should scrap refinery expansion and switch to oil-to-chemicals technology The latest report from BP, the oil giant, warns that global oil demand is about to plateau and decline, creating huge excess refining capacity. Lesson for India: immediately junk current […]

State governments should crack down on social media on hate speech I once hailed the rise of the internet as democratising free speech, enabling ordinary voiceless people to be heard by millions. Alas, along with this empowerment has come the spread

India should acknowledge that the ‘new normal’ won’t be more than 5% GDP growth Swaminathan S Anklesaria Aiyar Stock markets around the world are at record heights. With at least six vaccines undergoing clinical human trials, optimists believe at least

India’s ban on Chinese apps sends out the right signal. But a longer, ‘wider’-term strategy is needed Right & Wrong China Sanctions While opinions differ on why exactly China has intruded into Ladakh, India must stand up to Chinese aggression.

Already in a mega-recession, India needs a venture capitalist of last resort The government is focused on saving companies from Covid-induced death. The Reserve Bank of India (RBI) has acted swiftly as lender of last resort. It has mandated loan

Out of this Covid-19 disaster comes privatisation, and other reforms After Prime Minister Narendra Modi’s announcement of a₹20 trillion revival package, and finance minister Nirmala Sitharaman’s elucidation of the measures in five instalments, the response was dismal. Sensex crashed by

Reversing liberalisation to counter the bogey of a Chinese takeover of India hurts one entity: India Panicky restrictions look defensible in the short run and ridiculous in the longer run. This is true of the government decision to scrutinise and

While India will face inevitable economic headwinds, it must have a protection plan for its people Put on Your Seat Belts The coronavirus and lockdown-induced recession have fuelled huge distress in India. A third connected problem has been the crash

Do not celebrate the crash in oil prices. It is a consequence of the growing coronavirus disaster that threatens a deep global recession. In every recession, commodity prices fall. But that indicates coming pain more than gain. Fiscal and monetary

It’s time this noxious remnant from the British raj against Indians is dumped Last week, 19-year-old Amulya Leona Noronha was arrested for sedition for saying, ‘Pakistan Zindabad’, at a rally against the Citizenship (Amendment) Act and National Register of Citizens