The Dauphin and the Figurehead

Timing is everything, and with a number of state elections soon, leading to the general election next year, the cynicism and opportunism are manifest. The…

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CHANGE

When I stepped into this role in mid-2010, it seemed India was unstoppable. Gross Domestic Product growth had averaged 8.5 per cent since 2004, when…

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Ready For Battle

I remember sticking an aluminium one-yen coin and a copper one-US-cent coin to my computer screen in Tokyo around the mid-1990s and watching in fascination…

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Hooks & Crooks

I remember a composite satellite photograph of the world taken at night time. One country stood out like a black blotch on a map that…

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Are Indian CEOs Overpaid?

The day before this issue of Business Today hits news stands, America will vote for a new president. The day after you invest less than…

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Betting on Farms

India is a land of plenty. It is also a land of plenty of waste. If you suffer Malthusian nightmares of the Great Unfed Billions,…

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Hello, Tomorrow

I had my epiphany on a Seoul subway in 2004. All around me, young men and women rode to work silently, mesmerised by television programmes…

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Lemmings or Llamas?

The US is on life support, and Asian creditors led by China, which holds $1.16 trillion of US treasuries, control the intravenous drip. Asian central…

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Scrabbling Away From the Abyss

Nitish Kumar’s victory in last month’s Bihar election celebrates the triumph of economics over feudalism, but the climb out of poverty will be steep and…

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