Nepal aims at independent central bank

22 May 1997  Reuters News  English  (c) 1997 Reuters Limited  KATHMANDU, May 22 (Reuter) – Nepal’s coalition government plans to grant the Himalayan kingdom’s central…

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CALCUTTA IS FOEVER

Thirty years ago, a dishevelled man leaned across and shouted at me in the smoke-filled, raucous Olympia bar on Calcutta’s Park Street: “Calcutta is forever!”…

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The Big Squeeze

Turkmenistan’s “President for Life” Saparmurat Niyazov erected a 50-ft gold-plated statue of himself in the centre of the capital Ashgabat, eight years before he gave…

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A State Ravaged

It was beyond the ken of a civilised society, a blood­ spattered vindication of a heartless government’s sudden constitutional piety. The carnage began with a…

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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.…

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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…

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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,…

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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.…

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