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Quick takes, analyses and macro-level views on all contemporary economic, financial and political events. Less

November 19, 2015, 6:29 AM IST
India’s exports declined for the 11th consecutive month in October, but a sharper fall in import of oil, gold and non-oil products helped keep the trade deficit under check. The decline in non-oil imports is…
November 19, 2015, 6:29 AM IST
November 19, 2015, 6:26 AM IST
With industry and services growing to 85 per cent of India’s GDP, one would think that the days of the economy being agamble on the monsoon are behind us. One would think wrong. A whole…
November 19, 2015, 6:26 AM IST
November 18, 2015, 5:49 AM IST
After the JD(U)-RJD-Congress grand alliance swept to power in Bihar, talk of other Mahagathbandhans is commonplace in states headed for assembly polls soon. Of these, the biggest will be Uttar Pradesh, with its 400 assembly…
November 18, 2015, 5:49 AM IST
November 18, 2015, 5:31 AM IST
The mavens foresee huge displacement of automobiles running on the internal combustion engine with electric vehicles, in only about a decade or so. Solar energy prices are zooming towards, and could well dip below, grid…
November 18, 2015, 5:31 AM IST
November 17, 2015, 7:22 AM IST
Punjab finds itself at a fork in the road. The events of the last few months — the desecration of religious books, the resurgence of the militant Sikhs — now force the state’s politicians to…
November 17, 2015, 7:22 AM IST
November 17, 2015, 7:13 AM IST
While immediate public attention at the G20 summit was focused, naturally, on world leaders’ reaction to the terror strikes on Paris, the grouping of the world’s largest economies and heads of key international organisations moved…
November 17, 2015, 7:13 AM IST
November 16, 2015, 6:18 AM IST
In the run-up to the Paris summit on climate change, India has rightly volunteered to reduce the emissions intensity of its GDP by 33-35 per cent by 2030, from the 2005 level. The thrust would…
November 16, 2015, 6:18 AM IST
November 16, 2015, 6:12 AM IST
We join all those condemning the terrorist attack on Paris and offering solidarity and support to the French. We hope the horrific attack that killed 129 people and wounded more than 300 will create a…
November 16, 2015, 6:12 AM IST
November 14, 2015, 3:04 AM IST
The most tangible gain from Prime Minister Narendra Modi’s visit to the United Kingdom is likely to be British support for India’s membership of crucial export control regimes that can make or mar India’s strategic…
November 14, 2015, 3:04 AM IST
November 14, 2015, 2:57 AM IST
Two apparently unrelated events — a sharp fall in factory output growth and a spike in consumer price inflation —point to deep problems underlying the economy. September industry growth fell to 3.6%, the lowest in…
November 14, 2015, 2:57 AM IST
November 13, 2015, 3:21 AM IST
If vegetarianism were the sole measure of a man, Hitler would be a hero. If drunkenness were the only criterion for judging character, Winston Churchill would be a knave. If one flaw were enough to…
November 13, 2015, 3:21 AM IST
November 13, 2015, 3:16 AM IST
The easing of foreign direct investment (FDI) rules across 15 sectors — ranging from construction, single-brand retail and banking, to defence, broadcasting and airlines —is welcome. Irrational rules must go as India needs inflow of…
November 13, 2015, 3:16 AM IST
November 12, 2015, 3:31 AM IST
Finance minister Arun Jaitley’s promise to push reforms and the slew of reform measures announced on Tuesday, despite the political setback for the BJP in Bihar, are reassuring. The government must engage with the Opposition…
November 12, 2015, 3:31 AM IST
November 12, 2015, 3:24 AM IST
Lalu Prasad was the prime force behind the victory of the Grand Alliance in Bihar. The prime responsibility to make its government deliver on the alliance’s poll promise of governance and development is also his….
November 12, 2015, 3:24 AM IST
November 11, 2015, 2:54 AM IST
As societies become more prosperous, industrialised and urbanised, the needs of the populace changes, and so must the ways we celebrate. Diwali has come to be characterised by high volume gift-giving, and bigger, noisier and…
November 11, 2015, 2:54 AM IST
November 11, 2015, 2:52 AM IST
From Monday, November 9, when the markets opened after absorbing the result of the Bihar assembly election, the 30-share benchmark Sensex has sunk over 500 points. The magnitude of the BJP-led NDA’s defeat and the…
November 11, 2015, 2:52 AM IST
November 10, 2015, 3:07 AM IST
Such is the long-standing partnership of Indian cricket and crookedness that one can be forgiven for thinking the announcements made by the Board of Control for Cricket in India (BCCI) to be net practice. But…
November 10, 2015, 3:07 AM IST
November 10, 2015, 3:00 AM IST
The Centre has drawn up what seems an ambitious plan to restructure debt of the hugely loss-making state power utilities, but whether the initiative addresses the vexed political economy of power is moot. The fact…
November 10, 2015, 3:00 AM IST
November 9, 2015, 2:52 AM IST
The government’s decision to charge a 0.5% cess on all services in addition to the 14% service tax will make services more expensive, and also clutter the tax system. The proceeds will be used only…
November 9, 2015, 2:52 AM IST
November 9, 2015, 2:50 AM IST
Without doubt, the Bihar results are a political setback for the ruling BJP and its chief campaigner, Prime Minister Narendra Modi. Yet, instead of a debilitating blow, the Bihar defeat can become a launch pad…
November 9, 2015, 2:50 AM IST
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