The Times of India

Prime Minister Manmohan Singh has become finance minister too. His first spell as finance minister (1991-96) was a heady period of economic reform, converting India from an international beggar into a potential superpower. Will his second spell as finance minister […]

Many rich countries have struggled for three years to emerge fully from the Great Recession of 2008-09. Alas, the world is slipping into a new recession. No global authority has dared say so, but the writing is on the wall.

The suspense is over. Pranab Mukherjee seems certain to become the next President. The UPA coalition lacks the votes to ensure victory, but Mulayam Singh Yadav of the SP and Mayawati of the BSP have both offered to back him.

Should the United Nations intervene militarily in Syria, where President Assad’s bloody crackdown has killed thousands? Many foreign policy experts are keenly following this. By contrast, hardly any are following the coup and secessionism in Mali, the Saharan country in

GDP growth in the January-March quarter slumped to 5.3%, the lowest for nine years. The quarterly debacle dragged down annual GDP growth to 6.5% in 2011-12, lower even than the 6.9% achieved in the great recession year of 2008-09. Sundry

While discussing higher petrol prices, TV anchor Arnab Goswami asked why the middle class shouldn\’t get a big petrol subsidy when corporations got tax breaks of Rs 529,000 crore. He got this huge figure from an annual budget document calculating

While discussing higher petrol prices, TV anchor Arnab Goswami asked why the middle class shouldn\’t get a big petrol subsidy when corporations got tax breaks of Rs 529,000 crore. He got this huge figure from an annual budget document calculating

Will the crash of the rupee to a record low of Rs 54.68 per dollar be a \”kick in the pants\”, to quote economist Arvind Subramanian, that finally forces the government to slash unwarranted subsidies and deepen reforms? Hopefully yes.

The future of the Eurozone (comprising 17 European countries using the euro as their currency) is in doubt after voters in Greece and France threw out incumbents struggling to save the euro through supposed austerity measures. Socialist leader Francois Hollande

Socialists like health minister Ghulam Nabi Azad won\’t admit it, but they rather liked the Berlin Wall. They think it\’s morally right to keep citizens captive at home, unable to migrate for better prospects. Azad has proposed not a brick