Frozen in the Headlights

Poor Manmohan Singh is caught between the Pros and the Cons. The Pros in the Opposition are telling the prime minister, who has never seemed…

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India’s Best Banks

Just as we were putting this special issue of Business Today to bed. Thomas M. Hoenig. President of the Federal Reserve Bank of Kansas City,…

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Gender Gag

Sexual harassment can be crude and overt or very subtle, but you know you are being sexually harassed when you experience it. Those around you…

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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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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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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…).…

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