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…

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Wanted- A Big Bang Budget

These are extraordinary times and we witness extraordinary phenomena. Three weeks before the Union Budget, when finance ministers customarily crawl under their carapaces, the honourable…

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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…

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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…

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Panic Button

Reading An Account of the Great Fear, or Grande Peur, that swept across France in July and August of 1789, I was struck by the…

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TOO BIG TO FAIL

Independence day is a good excuse for some economic chest-thumping. We should be proud that lndia is a free-enterprise democracy. Imagine the world’s burden if…

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