The Economic Times

One of my favourite posters says “Some people see the world as it is, and ask why. But I think of things that never were, and ask, why not? “ Management gurus may wax eloquent over sticking to the knitting […]

Projecting a profit and sales growth of 15% annually does not look wildly optimistic even after allowing for sundry stupidities, errors and accidents, says Swaminathan S Anklesaria Aiyar . Now that the Sensex has risen at dizzying speed to cross

Projecting a profit and sales growth of 15% annually does not look wildly optimistic even after allowing for sundry stupidities, errors and accidents, says Swaminathan S Anklesaria Aiyar . Now that the Sensex has risen at dizzying speed to cross

Our poverty line was created way back in the early 1970s on the assumption that human beings needed a minimum of 2,400 calories per day in rural areas and 2,100 calories per day in more sedentary urban areas, giving an

Our poverty line was created way back in the early 1970s on the assumption that human beings needed a minimum of 2,400 calories per day in rural areas and 2,100 calories per day in more sedentary urban areas, giving an

Not long ago, we got endless lectures from foreign investors and fund managers on how corrupt and shady Indian market practices were, and how these had to be transformed if India was to attract any money from abroad. There is

The United States is desperately trying to persuade all countries (including poor ones like Vietnam) to contribute something for the reconstruction of Iraq. This implies that much of Iraq’s old debt of $134 billion will be written off. Some analysts

Should India stop accumulating reserves so rapidly and let the rupee appreciate against the dollar? Absolutely, said IMF chief economist Kenneth Rogoff when he visited India recently. He gave similar advice to all emerging Asian economies at the annual meeting

There has been much loose talk this year about a unipolar world in which the hegemonic USA dominates the globe as none has done since the Roman Empire. That has now been exposed as pure hype by US setbacks at

This year marks not only the 56th anniversary of Independence but also the 60th anniversary of the Bengal Famine, in which 2.1 million people died. In 1943 the Raj ignored the drought in Bengal, claiming preoccupation with the war effort