After a full week of investigations and accusations on the Rs 11,300-crore Nirav Modi scam, we are no closer to finding all those who were responsible. Clearly, bank officials and their political godfathers are corrupt. Clearly, our banking systems and […]

n Parliament last week, Prime Minister Modi lashed out at the Nehru-Gandhi family for impoverishing and fragmenting India through terrible policies. He sneered at the “old India” of the Congress party and promised a “New India”. True, Congress is guilty

This was arguably the least populist election budget for decades, and that is an achievement. Most budgets are notable for what they do. This one is notable for what it did not. It did not decree a farm loan waiver

At a time when the US, dominator of the 20th century, has switched from globalisation and free trade to ‘America First’, Narendra Modi emphasised the very opposite at the Davos meeting of the World Economic Forum. “Many countries are becoming

I welcome the abolition of the government subsidy for Haj pilgrims. The Constitution says the Indian state is secular, and forbids discrimination on religious grounds. So, the state should keep its distance from all religious groups, and not subsidise any.

Last month, Thomas Piketty released the World Inequality Report, revealing worsening income inequality in virtually every country and region. Most readers groaned: they typically view income equality as an unqualified good. The shortcomings of this view hit me when last

The shut-down of Mumbai and other Maharashtra cities last week was a bizarre re-enactment of a battle between a British Mahar regiment and Peshwa troops 200 years ago. An obscure battle of no strategic importance catalysed Dalit mobs into paralyzing