The Times of India

Armchair theorists in Delhi and Mumbai interpret the last general election as a revolt of rural masses bypassed by the information technology (IT) revolution. They voted for a new regime with a human face. This theory owes much to the […]

The big picture emerging from the budget is substantial continuity in economic policy, notwithstanding rhetoric about a new electoral mandate. The Left Front has not captured the government, as was feared by investors fleeing the stock market on May 17.

Will finance minister Chidambaram produce another dream budget? Will he transform bears into bulls on the stock market? Such questions leave me smiling at two major illusions pervading our society. The smaller illusion is that the stock market is the

Of all the surprises to come out of general election, the most delightful one is that Narendra Modi might be ousted as chief minister of Gujarat. Two years ago, when he won the Gujarat state elections by a landslide, Modi

The myopia of the most intelligent politicians never ceases to amaze me. Many chief ministers have interpreted the results of the general election as an irresistible voter demand for free power for farmers. Andhra Pradesh and Tamil Nadu have lowered

My dear Chidambaram, I hear you are asking around for Big Ideas for the budget. Obviously you want to try and repeat your performance in 1997, when your budget was hailed as a dream budget. In 1997, businessmen were ecstatic

When a gentleman living beyond his means proposes suddenly to spend a fortune to acquire a human face, those investing in his enterprise will be understandably nervous. No wonder the stock market crashed by 223 points on Friday, wiping out

All my life I have fought against the notion that India is a Hindu nation. I stand for a society where all are equal regardless of religion, caste or creed. So I was aghast when Sonia Gandhi declined to become

You think nobody saw that the BJP might lose the election? Allow me to quote from the \’Swaminomics\’ I wrote in December, after the NDA swept State Assembly polls in Rajasthan, Madhya Pradesh and Chhattisgarh. It took the shape of

Imperial Western projects to bring civilisation to the East through a White Man\’s Burden have a typical unplanned side-effect. The would-be civilisers find that the Easterners resist forced civilisation, and inflict heavy casualties. The civilisers retaliate, and some of them