Cooking gas (LPG) and kerosene have become a painful legacy problem for the government. Ever since 1973, the government, in…
As the Bharatiya Janata Party and the rest of the National Democratic Alliance (NDA) swing into the 2004 elections, feeling…
The drama in yesterday?s interim budget was provided by honourable members of the Opposition; the finance minister made a speech…
There is a huge difference between feeling good and getting on with the job. It is surely unfair to deprive…
For the week ending 10 January 2004, the wholesale price index (WPI) inflation touched 6.2 per cent, setting off further…
Reform by stealth? is a not inaccurate description for the manner in which economic policies have been changed since 1991.…
Four weeks back, this column argued that it was both an urgent necessity to cut the peak rate of import…
In the home of the rope trick and the levitating swami anything, some might believe, is possible. The textbook tells…
India has about the highest tariffs on imported goods. Set aside agricultural products, given the distortions that farm subsidies in…
This piece is inspired by Daniel Gross, who posted an interesting column in Slate, the e-zine, a couple of days…
Jonathan Anderson of UBS Investment Research, in verbal comments during his presentation on capital controls at the IMF-sponsored conference on…
Today?s column is going to be the beginning of hopefully a mini-series. Given the magnitude of the subject, it can…
Of Archimedes it is said that all he wanted was a place to stand, and then with a lever he…
We have import tariffs that are much higher than those of the Asian economies who we seek to join through…
Later today the Reserve Bank of India governor will make a statement on macro-economic conditions and on monetary policy for…
Many things are going right this Diwali. Infrastructure numbers just out for September show steel, cement and refinery output all…
Most policy is about the humdrum, not seismic, shifts in strategy. And in this humdrum world of the familiar things…
The accompanying chart tells a tale. Between January 2001 and today, yield on 10-year government securities (G-sec) has fallen from…
