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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PHILIPPINE MILITARY DETAILS FOREIGN AID FOR COMMUNIST REBELS
24 November 1987 Reuters News English (c) 1987 Reuters Limited MANILA, Nov 24, Reuter – Private groups in Australia and West Europe are supplying Philippine…
MANILA RATES RISE AS PRESSURE GROWS ON PESO
1 December 1987 Reuters News English (c) 1987 Reuters Limited MANILA, Dec 1 – Short-term interest rates have shot up in the Philippines as the…
ITC-HAKSAR’S LAST HURRAH
Sentimentality rarely intrudes in to shareholders’ meetings, but this one was different. Over 3,000 had gathered in the incongruous setting of a Calcutta cathedral compound…
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 upto proclaim that demonetisation was…
HOW TO MAKE MORE WITH LESS
How much a hurry is prime minister Narender 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.…
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…).…