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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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 2.11trillion ($32.5 billion) package announced on October 24 to recapitalise public-sector banks (PSBs); and…

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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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