Ruchir Sharma of Morgan Stanley has warned of a global recession, driven by collapsing growth in China. World growth is dropping well below IMF predictions, with emerging markets performing especially badly. Currency after currency is falling against the dollar. The […]
Competitive devaluations will be a race to the bottom, triggering real recession Read More »
Dear Narendra Modi, The coming Bihar state election has made you lose your once-clear sense of direction and conviction. You seem terrified of doing anything that may antagonize vote banks, or draw charges of corruption or pro-business sympathies. You seem
Mr Modi, don’t let Bihar distract you from ruling India Read More »
The Modi government has abandoned its move to drastically dilute the clauses of the 2013 land acquisition law that has stalled projects across India. Economic analyses suggest that 43% of all stalled projects face land acquisition problems. This may not
Naidu proves land pooling is better than land acquisition Read More »
Forgot the mythology that Narendra Modi is an authoritarian set to impose dictatorship on India by other means. The land acquisition fiasco reveals him as frightened and indecisive, happier retreating than fighting to the finish. This is not an isolated
Who were the militants who attacked the Dinanagar police station in Gurdaspur district? What were their aims and ideology? How many of their comrades are waiting for another chance to attack? How much help are they getting from the Pakistani
Do not kill terrorists, take them alive Read More »
The 10th anniversary of the Bush-Manmohan Singh nuclear deal has been a low-key affair. Obama and Narendra Modi did not rejoice from the rooftops. The respective ambassadors of the two countries wrote a joint op-ed hailing the improvement in bilateral
Ten years of N-deal: Glass is just half full Read More »
As a feminist, I am dismayed that the Delhi High Court has allowed RK Pachauri, accused of molestation and harassment by several women at The Energy and Resources Institute (Teri), to visit all but two offices of the organisation. Pachauri
RK Pachauri needs to go Read More »
Karl Marx was wrong about many things but right about one thing: the revolutionary way capitalism attacks and destroys feudalism. As I explain in a new study, in India, the rise of capitalism since the economic reforms of 1991 has also attacked and
How Capitalism Is Undermining the Indian Caste System Read More »
Indians are happy with the lifting of UN sanctions on Iran after its nuclear deal with the US. This will mean more Iranian oil production and hence cheaper crude. It will mean more trade and investment with Iran. The Iran-Pakistan-India
N-deal effect: India needs a strong Iran to combat ISIS, al-Qaida Read More »
Historical sexual and social taboos are disappearing in ways considered impossible even a couple of decades ago. Indian and US courts have decreed that transgender persons have the same rights as males and females. In the US, where conservative Christianity
After gay rights, is polygamy the next revolution? Read More »
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