The Wholesale Price Index (WPI) inflation released last Friday for the week ending 3rd July, 2004, came out at 6.16…
This Union Budget must have been a particularly tough exercise, navigating the dangerous waters of a political alliance, where a…
If one scans the newspapers, it is difficult to escape the impression that this is indeed the most open budget…
With Budget Day approaching, matters of government finance come to the fore. Es-pecially when there exists a document, namely the…
In this column a fortnight ago we had discussed the Common Minimum Programme (CMP) where resources, like manna, were presumed…
It is a cynical observation on our politics that manifestoes mean little. They tend to promise all things to all…
A recent research report from of a US bank reads: As we enter the sixth month of the year, there…
The best possible outcome under the circumstances actually happened last week. The architect of India?s economic reforms became the Prime…
LAST week, one had written about the Ind-ian economy being at crossroads. With a choice between moving straight along the…
I cannot quite recall how long it took to hold the several rounds of elections in 1999 or in 1998.…
In the past few years, the conventional wisdom had become that deflation was the big danger. Many unhesitatingly opined that…
The Wholesale Price Index (WPI) inflation for the week ending 27 March 2004 was at 4.47 per cent ? within…
From being the staid Hindu ritual, the growth rate of the Indian economy has taken a more secular and athletic…
The sharp (by our standards) rise of the rupee in the last three working days of March 2004 has left…
February 2004 export data came as a pleasant surprise, growing by 35 per cent, on top of the 17 per…
Julius Caesar took no heed of the soothsayer. Modern day masters of the universe ought to learn to listen harder.…
Foreign currency assets of the Reserve Bank of India (RBI) on 20th February 2004 stood at US $103.4 billion. That?s…
Last week, we spoke of the elephant in the room ? the one thing everybody studiously avoids noticing. Namely, that…
