Thursday 02 May '13Finance minister P Chidambaram last Wednesday assured the investors that he has drawn red lines and the fiscal deficit will be below the 4.8% mark in 2013-14
Saturday 20 Apr '13There seems to be a new central bank bail-in template that is here to stay, from what can be inferred from the recent statements by G7 central banks and from the crisis resolution in Cyprus.
Tuesday 15 Jan '13In a bid to restart the credit default swap market, RBI last week allowed CDS on unlisted rated corporate bonds in addition to the listed ones.
Tuesday 16 Oct '12Novelist and journalist George Orwell, in his 1946 essay “Politics and the English Language”, wrote, “Political language is designed to make lies sound truthful and murder respectable, and to give an appearance of solidity to pure wind.”
Wednesday 13 Jun '12Last week, IIT Kanpur’s academic senate decided to conduct its own entrance exam in 2013, upping the ante against the HRD ministry by refusing to be part of the Common Entrance Test for all IITs, NITs and IIITs.
Monday 09 Jan '12There are lies, damn lies and statistics. Substitute statistics for an armchair economist’s take on financial markets and the adage may still ring true.
Saturday 31 Dec '11When Barack Obama was sworn in as the 44th President of the US in January 2009, there was some scepticism and cynicism in India as he had expressed quite strong views about outsourcing in his campaign speeches.
Friday 25 Nov '11Reuters ran a piece on November 17 with the headline “JP Morgan, Goldman have no protection on $5-trillion debt”, which was reproduced by the Financial Express.
Tuesday 01 Nov '11It was a pleasure to listen to one of the best thinkers and well-wishers of India in the United States—Thomas Friedman—at the Express Adda on Friday.