My maid came early this morning and told me she wouldn’t be coming for the next three days. I was astonished that there was no festival or significant event. Then I questioned her regarding her...
Not too many surprises are expected from the 20th Congress of the Chinese Communist Party (CCP), which meets from October 16 to 23, except perhaps the promotion of newcomers among the seven members of the...
The balance in the US government’s checking account, the Treasury General Account (TGA) at the Federal Reserve Bank of New York, plunged by $240 billion since the end of July, to $297 billion, according to...
“There is zero chance, no chance we won’t raise the debt ceiling,” swore Senate Majority Leader Mitch McConnell (R., Ky.) at an event in Louisville, Kentucky, on Monday. He who couldn’t get his Republican ducks...
Elections for five state assemblies have just been concluded. In UP and Uttarakhand, BJP got a clear majority. In Punjab, victory went to the Congress. Two other states did not give a clear cut mandate....
Economics can be good entertainment, as readers of this column might have realized. But it is also concerned with people’s satisfaction; so it would be legitimate to ask if it has made anyone happy, other...
The great election battle of 2016 has been concluded and the people have given their verdict. Two lady chief ministers, Mamta and Amma have retained their positions. The Kerala Chief Minister has lost to his...
The idea of abolishing income tax is not a new idea. While working in the Ministry of Finance thirty years back I have seen such budget proposals from various agencies sent to the government. But...
The year 2014 is going to be very important for India. That is when the General Elections will take place. The prospects are for a hung Parliament after the elections. The BJP may emerge as...
The results of the just concluded state elections have been declared. BJP certainly has an edge over Congress as far as these results are concerned. But this is only an edge and nothing substantial. It...
No matter what, Congress Party or UPA government, trying to defuse the buzz surrounding the Telecom Spectrum Scam (2G Scam) they are again landing in the same spot from where they have started. We all...