GoI has proposed raising the minimum age of marriage for women from 18 years to 21, the minimum age for men. This supposedly aims to empower women and erode patriarchy, giving girls more time to study and choose their future. […]
There’s no correlation between female empowerment and age of marriage Read More »
Stock markets have soared to absurd heights this year, and the current correction is no surprise. Fears remain that the downtrend will gather momentum and become a crash. Which factors will most likely produce a crash? Some point to rising
War may not be probable, but geopolitical clouds threaten the world economy Read More »
The World Inequality Report 2022, drafted by French economist Thomas Piketty and his colleague, once again highlights high and growing inequality across countries. It calls for draconian taxes on the super-rich to help the poor and middle class. The authors
Piketty’s super-rich tax is not going to end inequality Read More »
Many countries, especially in Europe, have started locking down their economies again to combat a resurgence of Covid-19. A new Covid strain out of South Africa, Omicron appears to be particularly virulent, and some countries are banning flights from Africa.
The biggest mistake India can make in fighting Omicron is imposing another lockdown Read More »
It is a defeat for economic sense and a victory for undeserving vote banks. Far from acting as the autocrat that critics accuse him of being, Prime Minister Narendra Modi has chickened out of his proposed farm reform laws in
Farm retreat casts doubt on other economic reforms Read More »
As a young journalist I learned not to take Five Year Plans seriously. Fancy plan targets were routinely missed but shrugged off since they carried no penalties. Are climate targets being discussed at the COP26 climate summit any different? If
Right climate for Indian investment in green tech Read More »
Globalisation and the spread of giant digital companies have fuelled fears of excessive concentration of wealth and power in a few giants like Google and Facebook. In past columns, I have highlighted how the same process now produces fast growing
Why India needs more startup crorepatis Read More »
A global media investigation has revealed that Pegasus, a telephone hacking software invented in Israel and supposedly sold only to governments, has been used across the world to tap the phones of politicians, journalists, NGOs and others. In India, the
Why Pegasus is just the tip of the iceberg Read More »
I have written twice already on the rise of unicorns, unlisted companies valued at over a billion dollars each. The vast majority of unicorns have never made a profit, yet billions have been poured into them by the world’s biggest,
Investor warning: Unicorns can go bust too Read More »
When Manmohan Singh launched economic liberalization in 1991, India was the world’s biggest beggar for aid. Today India is a net aid donor, having committed $30.6 billion to Asian neighbors and Africa. In 1991, India’s capita income was just $360
1991 reforms gave us miracle growth, but now it’s fading Read More »
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