Fuzzy
Caprice and cowardice were both on display last fortnight. Ten days after a bunch of state election results delivered a hard punchi in the Congress…
Energy Shock: India Story Risks Running Out Of Steam
This has been a summer of discontent, and the portents are not auspicious. One day after Prime Minister Manmohan Singh announced his second underwhelming Cabinet…
Home Truths
And now at the end he found himself in his own house, on his own half-lot of land, his own portion of the earth. That…
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.…
ENOUGH ALREADY
I wish the government would stop trying to defend demonetisation. Every time there is bad economic news, the government jumps up to proclaim that demonetisation…
HOW TO MAKE MORE WITH LESS
How much a hurry is prime minister Narendera Modi in? It depends on your horizon. By one measure, he has 22 months, but then he…
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,…
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.…
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…
The Dog’s tail
There is no loophole that has not met an Indian taxpayer. A Hindi proverb says you can never straighten a dog’s tail (kutte ki poonch…).…
ELEVENTH HOUR
In India If you Book a Plumber to come And Rescue You from a flooded bathroom, chances are you will get a call at 11…
Clutching At Straws
We are so frozen in the headlights of the on rushing slowdown that even a flicker leads us to believe that we have seen friendly…