NEW DELHI: It should be an election budget. So, expect higher exemption limits for income tax, cuts in corporate tax and customs duty, selective cuts in excise duty, and big spending on welfare and social schemes in the coming budget. […]
Expect more: This year it is an Election Budget Read More »
Does the crash of stock markets in India and other emerging markets mean that the “decoupling” thesis — the notion that emerging-market economies can continue soaring even if the US economy dips — has been proved wrong? Not exactly. What
Emerging markets: Future safe havens Read More »
For 60 years, the International Monetary Fund has bailed out distressed economies, imposing onerous conditions aimed at ensuring that the loans are repaid. The borrowers have often complained that loan conditions violate their sovereignty. The IMF is dominated by rich
Strange rise of Eastern neo-colonialism Read More »
What is the best way of reducing poverty? The UPA government has highlighted its rural employment guarantee scheme (NERGA). It has allotted huge sums to Sarva Shiksha Abhiyan (education for all) and irrigation. It has increased spending on rural electrification
Democracy depends on the unelected Read More »
RK Pachauri, head of the Inter-governmental Panel on Climate Change, is getting nightmares because of the Nano, Tata\’s Rs 1 lakh car. Sunita Narain of the Centre for Science and Environment (CSE) says that it isn\’t the Nano by itself
Attack polluting policies, not the Nano Read More »
Some analysts want to explain away Narendra Modi’s victory in Gujarat by saying Gujaratis are a special breed different from the rest of us Indians: that they have been especially communal since the Muslim destructions of the Somnath Temple; that
My murders are better than yours Read More »
When talking to youngsters, I find some want India to become more like the US, and some less so. However, both groups are under the illusion that the US is a bastion of free enterprise. Alas, the supposed Land of
Red tape rising in \’Land of the Free\’ Read More »
When talking to youngsters, I find some want India to become more like the US, and some less so. However, both groups are under the illusion that the US is a bastion of free enterprise. Alas, the supposed Land of
Red tape rising in \’Land of the Free\’ Read More »
Ratan Tata says he is a nice guy who does not believe in hostile takeovers. But this has consequences. It means that a takeover target can spit in your face and say that mere association with you will be demeaning,
Why Tata should be more like Mittal Read More »
The Gujarat state election has probably been handed over to Narendra Modi\’s BJP on a platter. The row kicked up by other parties and the media — with Sonia Gandhi calling the BJP \”merchants of death\” — is working entirely
Why Modi will win in Gujarat Read More »
Sign up to get all the latest posts and news sent to your inbox.
