If the latest World Economic Forum (WEF) report is to be believed, 60% of the Indian population was poor, according…
The implied savings estimates for India, derived from Piketty estimates of income distribution, do not conform to any known model…
A direct outcome of DeMo is a sharp increase in FY18 in tax buoyancy. Given this “unexpected” result, will the…
The IMF forecast is for AE inflation rates to stay “constant” at around 1.6% in 2018, before inching towards 2%…
Were high, and accelerating, real interest rates responsible for the political result in Gujarat? No way to know for sure,…
Make no mistake about it. The Gujarat election result is important, and particularly so for the Congress.
The first year of operation of the MPC has imposed considerable costs on the economy with very few benefits. What…
Today is the first anniversary of an unprecedented and bold political and economic experiment—demonetisation (DM).
An ill-informed remedy can only aggravate a patient’s illness, not make her get well.
In what will go down (sadly) as the most perfect anticipation, I had said that (Data vs. gossip: Who should…
In a highly personalised attack on finance minister Arun Jaitley, ex-finance minister Yashwant Sinha made the following claims about the…
Inflation is down by 700 bps since 2013, and policy rates have declined by 200 bps—and you are still wondering…
It is more than four years since my column “Tell me I am Mad,” The Financial Express, June 22, 2013,…
Times have changed, and we have to change accordingly. It wasn’t so long ago that the central concern of RBI,…
The old elite cannot be expected to give up their privileges so easily. They will try to derail the structural…
It is politics that best explains the phenomena of farmer riots amidst rising prosperity of farmers
The MPC meets June 6 and 7, for their fifth meeting to decide the course of monetary policy and exchange…
In the movie The Graduate, Dustin Hoffman gets advice about the future from an experienced old hand. Only one word…
