The government\’s new Companies Bill will reportedly ask large companies to spend 2% of their net profit on CSR (corporate social responsibility). The theory is that corporates must aim for social goals, not just profits. It\’s unclear whether the 2% […]

Will the Robert Vadra expose help end corruption? Or will it be just another rib-tickler that titillates the middle class for a few weeks and is then forgotten? Will politics remain India\’s biggest business by far? I am not optimistic.

The Kelkar Committee report has painted a dire picture of government finances. It emphasizes the need to phase out unwarranted subsidies (such as those on diesel, cooking gas and urea) while maintaining warranted subsidies (on education, health, food) and targeting

Without infrastructure, an economy cannot grow. Industry and services cannot expand without highways, electricity, ports and airports, rail links and pipelines. The 12th Plan (2012-17) projects infrastructure investment of a trillion dollars. Alas, infrastructure has hit a wall, and been

Across Asia, including China, foreign retailers have proved a blessing, providing consumers with cheaper wares, and upgrading the technology of local producers to make them globally competitive. Only in India do opposition parties want to protect the aam bania against

With less than two months to go for the US presidential election, most opinion polls suggest that Barack Obama is a clear favourite to beat Republican challenger Mitt Romney. A Gallup poll last Thursday gave Obama 50% of the popular