Letter from the Editor

ONE of the lesser known areas of media responsibility is its relationship with the law. It is a relationship which is generally little understood, not…

Read more

RESERVE BANK-MONEY TO BURN

Of all the functions of the Reserve Bank of India (RBI), there is one routine task crucial to the health of the economy: incinerating the…

Read more

From Flood To Trickle

Large advertisements in Delhi newspapers-last fortnight announced that Mother Dairy was being forced to dilute the fat content of milk supplied to the capital’s citizens…

Read more

GREAT STRESS TEST

Since you all love acronyms for the Good and Simple Tax and the Grand Stupid Thought, the headline is my humble contribution to your lexicon.…

Read more

ENOUGH ALREADY

I wish the government would stop trying to defend demonetisation. Every time there is bad economic news, the government jumps upto proclaim that demonetisation was…

Read more

A FIRST-RATE PROBLEM

India’s economy is lurching like a car with two flat rear tyres. The monsoon has been better than expected: a bumper kharif crop is expected,…

Read more

CLOSE,, BUT NO CIGAR

Finance Ministers take on a certain air when they think things are going swimmingly and nothing can rock the economy when it is cruising along.…

Read more

The Dog’s tail

There is no loophole that has not met an Indian taxpayer. A Hindi proverb says you can never straighten a dog’s tail (kutte ki poonch…).…

Read more