Earlier this year, IMF chief economist Olivier Blanchard suggested that countries should raise their inflation targets from a typical 2% per year to 4%. His suggestion was greeted with hoots of derision. Yet in a world where there are no […]
Inflation as a solution for Europe Read More »
An outpouring of anger and passion has greeted the conviction of seven former Union Carbide officials for negligence in the Bhopal gas disaster. This caused the immediate death of 3,787 people, and the ultimate death of 15,000 to 20,000 people
Mumbai\’s rail toll tops Bhopal Read More »
An outpouring of anger and passion has greeted the conviction of seven former Union Carbide officials for negligence in the Bhopal gas disaster. This caused the immediate death of 3,787 people, and the ultimate death of 15,000 to 20,000 people
Mumbai\’s rail toll tops Bhopal Read More »
Swaminomics declared last week that India must forget the proposed Iran-Pakistan-India gas pipeline because of the outrageously high cost of Iranian gas. Some readers have asked, “Why is Pakistan willing to pay the Iranian price, and go ahead with the
Iran pipeline will be Pakistan\’s Enron Read More »
Swaminomics declared last week that India must forget the proposed Iran-Pakistan-India gas pipeline because of the outrageously high cost of Iranian gas. Some readers have asked, “Why is Pakistan willing to pay the Iranian price, and go ahead with the
Iran pipeline will be Pakistan\’s Enron Read More »
The Indian government remains asleep to the revolutionary potential of shale gas, which promises to revolutionise both the world energy scene and global geopolitics. Russia, Iran and Opec are going to be greatly weakened, while the US, Europe and China
Shale gas transforms geopolitics, energy Read More »
External affairs minister S M Krishna visited Tehran in mid-May and said India was still interested in the proposed Iran-Pakistan-India (IPI) gas pipeline, but expressed reservations on security grounds. However, there is now a more important economic reason to oppose
Shale gas, not Iran pipeline, our energy hope Read More »
Having killed 76 paramilitary troops in April, Maoists have killed 30 more in a bus explosion in Dantewada district, Chhattisgarh. Some cabinet ministers want aerial bombing of Dantewada\’s jungles to kill Maoists. This will kill civilians and strengthen the Maoists.
No military solutions for Maoism Read More »
Given the economy’s impressive performance in weathering the Great Recession and then accelerating this year, optimists feel that the good-old days of 9% growth are about to return. They think it is only a matter of time before we hit
No return to 9% growth Read More »
Caste proponents say the census must include questions on caste to establish true caste ratios. Opponents say questions on caste are socially divisive. They also raise a behavioural objection: the very announcement of a caste census could encourage people to
Making profit out of \’poverty\’ Read More »
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