Mr Prime Minister, Narendra Modi, started his Make in India campaign amidst much fanfare. However, the idea is yet to take off. The perception is while the Central government is trying its bit to make...
Haseeb Drabu was a journalist once; he and I were colleagues some 15 years ago. Since then, he has been banker, bureaucrat business advisor, and much else. He has just become finance minister of Jammu...
Companies are selling bonds like madmen. This year through Tuesday, investment-grade and junk-rated companies have sold $438 billion in new bonds, up 14% from the prior record for this time of the year, set in...
A few months back there was a World Bank Report, inter alia, highlighting that India slipped to the 142nd position in the ranking of 189 countries in respect of ‘Ease of Doing Business’ which prompted...
The Economic Survey is presented the day before the budget; and the budget has to be assessed as soon as it is presented. So it is impossible to write immediately about the Survey. But this...
Labour laws in India are perceived by trade and industry circles as complex, archaic and not conducive to promoting the interests of the industry. The complexity stems from the fact that some of the labour...
The budget consists of sixteen documents. Commentators have to say what they can within hours of its presentation. So they concentrate on what the finance minister says, which is just about 10,000 words and is...
Previous year has altered the political picture in striking ways. The most conspicuous change is in prime ministers: reclusive, modest, uncommunicative Manmohan Singh has given way to vocal, expressive, dramatic Narendra Modi. A less noticed change...
China’s presence in Africa has become its obsession not only for trade but also for aid, predator behavior, unfair competition. Beijing consensus supports undemocratic regime, corruption. I must say that the arrival of the “pro-Chinese”...
G. Bin Zhao calls on Beijing to accept the pope’s offer of friendship and open China’s doors to the Catholic Church, as well as revive its own faith traditions, to stem society’s moral degeneration Recently,...
A ceasefire in Ukraine appears to have been reached, and despite some confusion late yesterday, no compromise has been struck over the new Greek government’s demand that it is recognized that the previous agreements are...
The scale of AAP victory in Delhi elections was beyond everybody’s expectations. The BJP’s tally was in single digits and the Congress party failed even to open its account. The AAP won about 60 per...