The Democratic Party primaries in the US have once again shown that too many Indian foreign policy analysts are victims of wishful thinking. Many of them hoped Afghanistan would prove another Vietnam. This was soon exposed as wishful thinking. The […]
Why Iraq matters so little Read More »
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
The feel-bad factor Read More »
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
Feel good or feel sick? Read More »
One of my favourite posters says “Some people see the world as it is, and ask why. But I think of things that never were, and ask, why not? “ Management gurus may wax eloquent over sticking to the knitting
The great Indian dreamer Read More »
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
Jaswant versus Yashwant Read More »
Projecting a profit and sales growth of 15% annually does not look wildly optimistic even after allowing for sundry stupidities, errors and accidents, says Swaminathan S Anklesaria Aiyar . Now that the Sensex has risen at dizzying speed to cross
It\’s a bull run, not a bubble Read More »
Projecting a profit and sales growth of 15% annually does not look wildly optimistic even after allowing for sundry stupidities, errors and accidents, says Swaminathan S Anklesaria Aiyar . Now that the Sensex has risen at dizzying speed to cross
It\’s a bull run, not a bubble Read More »
Ladies and gentlemen please take your seats. You are about to witness one of the greatest shows on earth: the gradual Indian takeover of global companies. As the process unfolds, every worthwhile Indian company will become a multinational corporation (MNC)
The global Indian takeover Read More »
In 1998, Boris Yeltsin bowed out of office with the Russian economy in ruins. The Indian Left gleefully attributed this to rapid economic liberalisation. Five years later, after even more liberalisation by Vladimir Putin, the Soviet economy has staged a
Economics of Putin\’s victory Read More »
In 1998, Boris Yeltsin bowed out of office with the Russian economy in ruins. The Indian Left gleefully attributed this to rapid economic liberalisation. Five years later, after even more liberalisation by Vladimir Putin, the Soviet economy has staged a
Economics of Putin\’s victory Read More »
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