Four Mondays back, on the back of the driest July in memory, this column argued for an end to the…
On 13 August, the US Federal Reserve, contrary to expectations, kept the federal fund rate unchanged at 1.75 per cent.…
As August rains slake the earth in northern and central India, the polity of this 55-year old republic seems determined…
Bemoaning our fate is something of a national signature tune. One can?t say how ancient this hoary tradition is, but…
As we move into the second half of 2002, it is becoming increasingly clear that some tough times lie ahead…
The new finance minister has quite a task cut out for him. But it is a strange mix ? the…
Next Monday?s papers will carry reports of many economic numbers which will be released over the weekend. Quick Estimates for…
Provisional accounts for 2001-02 show further slippage in tax revenues, and thus on the fiscal front. To recap, the shortfall…
Suppose you visit your bank to encash the fixed deposit of Rs 50,000 made three years ago, and you are…
Policy will always be about as good as the information that goes into it. There are many grouses with our…
Where will the Indian economy be in a couple of decades? time? As is usual, assorted pessimists are set to…
It is early days yet, but the outlook for fiscal 2002-03 looks depressing. It is for six long years that…
Today is All Fools Day. Thus, it is only appropriate that we begin with statistics. The quarterly GDP numbers came…
There are good reasons for some cheer. On February 28, 2002, estimates of GDP growth in the US for the…
It is five years since India grew at over 7 per cent, and that too three years in succession. For…
It has often been said that India is the true great exception?to just about everything, including the evolution of economic…
For the first nine months of the year, shortfalls in revenue receipts from the budgeted numbers have been large. Even…
The Reserve Bank of India?s Report on Currency and Finance 2000-2001 is not easy reading, especially if one has to…
