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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MATHEMATICS OF RAGAS

When Frenchman Bernard Bel and American Jim Arnold met by chance in a Delhi hotel in September 1979, it turned out to be a momentous…

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HOLLOWING OUT

Privatisation will work only when the government sells more than 50 per cent of a state-owned company’s capital to the public and relinquishes management control.…

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SELL SELL SELL

Two numbers speak eloquently about our schizophrenia over privatisation: the Rs 2.11 trillion ($32.5 billion) package announced on October 24 to recapitalise public-sector banks (PSBs);…

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