The Times of India

Disinvestment as soap opera

Paranoia, followed by delusions of grandeur. That describes the soap opera that the governments disinvestment programme became last week. Originally, the government hoped to raise Rs 12,000 crore through disinvestment. To maximise prices and improve efficiency, Disinvestment Minister Arun Shourie

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The gains from job losses

In 1991, many Indians were terrified that globalisation would cost us millions of jobs. Today, American politicians are terrified that millions of their jobs will be outsourced to India . What a compliment to our global success! And what a

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The feel-bad factor

Predicting elections is a mug’s game. Even the best-designed opinion polls and exit polls can go badly wrong. Opinion polls that turn out to be correct often owe a lot to serendipity: errors for and against a party neatly cancel

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Feel good or feel sick?

GNP, exports and the stock market are booming. What could disturb this idyllic feel good factor, which the BJP is betting on to win the elections? Bird flu could. The deadly H5N1 flu virus is sweeping across Asia , ravaging

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Jaswant versus Yashwant

A successful finance minister typically has three characteristics: good luck, political savvy, and wisdom. Yashwant Sinha was neither lucky nor politically savvy, though he showed flashes of wisdom. Jaswant Singh has demonstrated both luck and political savvy. He still needs

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