The World Trade Organisation is vital for India and the world, but needs to be restrained form wandering into fields other than trade. This lesson emerges form the ministerial meeting of the WTO in Singapore. In three respects, the WTO …
Mention of the World trade Organisation (WTO) bores most people stiff, as I discovered on returning after reporting on the ministerial meeting of WTO at Singapore. It excites only a few politically minded souls, who view WTO as a forum …
Some time ago, finance secretary Montek Singh Ahluwalia was asked by businessmen to do something quickly to revive sagging stock markets, which have fallen to a three-year low. He replied that whenever he opened the newspapers in the morning, he …
Prime Minister Deve Gowda has promised to give 10 kilos of cereals to every poor family at half the market price. This may cost up to Rs 3,500 crore if fully implemented. This big fiscal burden will be mitigated by …
When politicians like Mr P Sangma and Mr Vayalar Ravi complained that judicial activism was getting excessive, I shrugged it off as the ploy of vested interests. I had a similar reaction when businessmen began to complain about raids on …
When politicians like Mr P Sangma and Mr Vayalar Ravi complained that judicial activism was getting excessive, I shrugged it off as the ploy of vested interests. I had a similar reaction when businessmen began to complain about raids on …
Many people wail about the ITC scandal.Who would have thought that such top class professional managers would behave like the most crooked Iwnias? If professionals behave like this how can they claim to be superior to owners who siphon crores …
Keeping a diary can be a dangerous pastime, as the Jain brothers will testify. Yet any businessman or politician worth his salt will tell you that it is simply not possible to operate in a control-cum-kickback raj without keeping meticulous …
Should rural land ceilings be raised to enable corporate houses to start commercial farming? Prime Minister Deve Gowda thinks so, and so does Mr Jyoti Basu, but agriculture minister Chaturanan Mishra is dead against it. He believes the implemention of …
The conventional wisdom in India has long been that the public sector is the locomotive of the economy, pulling the private sector along with it, so if public investment falters, so will private investment. Liberals like me disagree on the …
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