The Economic Times

Most people think of the eurozone crisis as a fiscal crisis. They see the southern European countries collectively called the PIIGS (Portugal, Ireland, Italy, Greece and Spain) with huge debt/GDP ratios or huge fiscal deficits that look unsustainable, and require […]

Slowing tax revenue and rising government spending on food security and universal health threaten to send the fiscal deficit skyrocketing next year. To check this, many experts want to raid the surpluses of public sector undertakings (PSUs). These surpluses have

Government data is often dismissed as too good to be true. But the October data for industrial production, minus 5.1% overall and minus 6% for manufacturing, is too bad to be true. Either it will be revised upward substantially, or

Government data is often dismissed as too good to be true. But the October data for industrial production, minus 5.1% overall and minus 6% for manufacturing, is too bad to be true. Either it will be revised upward substantially, or

The 27 countries of the EU will hold a summit on December 9 in what has been called the last chance to solve the eurozone financial crisis. However, in politics, \’last chances\’ are rarely final. The eurozone has already gone

Many readers were incredulous at my last column in The Times of India. This said that by 2020, US oil imports would dip and be met entirely from neighbours in the Americas, ending US dependence on the Persian Gulf. This

The image of Team Anna has taken a beating. Some very un-Gandhian behaviour has been unmasked on the part of Kiran Bedi, Arvind Kejriwal and the Bhushans. But while politicians in the Congress and other parties may laugh their heads

The late Steve Jobs, one of the greatest inventor-entrepreneurs in history, took knowledge and content to the masses. He said quality education was the key to equality of opportunity, and felt this would best be achieved by governments giving educational

The late Steve Jobs, one of the greatest inventor-entrepreneurs in history, took knowledge and content to the masses. He said quality education was the key to equality of opportunity, and felt this would best be achieved by governments giving educational

The mighty West, led by the mighty US, is suddenly looking to China for help in rescuing debt-ridden Europe. But China has not just arrived as a global economic power. It is going to eclipse the US and become the