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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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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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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