Pragmatic federalism

The statement by Parthasarthi Shome, adviser to the finance minister and co-chairman of the joint working committee on the transition…

Scrap B2C curbs

The proposed curbs on business-to-consumer firms that sell goods through the Internet are a retrograde idea. In any case, anything…

Funds for all

True administrative devolution of power involves a degree of financial freedom. So, the government?s plan to let Indian village panchayats…

Safety foremost

Recent reports that the DGCI has cleared several drugs for medicinal usage without ensuring the mandatory checks that are required…

Risk reckoner

India finds itself at the bottom of a chart of 15 emerging economies ranked in order of potential economic risk…

Witless luck

For a country run from a place called Delhi, with its welcoming connotations as a portal to the wonders beyond,…

Morbid memories

Robert Shiller has been followed by market thinkers very closely ever since he wrote his famous book, Irrational Exuberance (?Of…

Dirigiste reflex

Monnday?s report that the government may raise customs duty to protect domestic industry from the surge in imports following the…

Nobody home

Why is India said to be ?over-regulated?? I am sick and tired of foreigners, who call me an ?alien? when…

Oh dear of flying

The Indian aviation sector is not unfamiliar with policy regimes that undergo periodic bouts of turbulence. It comes with the…