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

October 3, 2015, 5:30 AM IST
An electric car revolution is underway, which promises to rapidly and radically change the energy industry and cut carbon emissions. On September 30, Elon Musk’s Tesla unveiled its new electric car, the Model X, which…
October 3, 2015, 5:30 AM IST
October 3, 2015, 5:22 AM IST
Official statistics on the lakhs of toilets built in homes and schools notwithstanding, Swachh Bharat remains a non-starter. The reasons range from unchanged, unaddressed cultural mores to poor conceptual design of the scheme. Manual scavenging…
October 3, 2015, 5:22 AM IST
October 2, 2015, 2:55 AM IST
The killing of one man and the maiming of his son on the suspicion that they stored and ate beef in an Uttar Pradesh village not far from Delhi cannot be dismissed as an isolated…
October 2, 2015, 2:55 AM IST
October 2, 2015, 2:53 AM IST
The government’s so-called voluntary compliance scheme offered to those with undisclosed assets overseas to come clean has produced a whimper rather than the bang political rhetoric had made it out to be. Only 638 people…
October 2, 2015, 2:53 AM IST
October 1, 2015, 10:46 AM IST
The BJP and the Congress have started a new, bitter war against each other, in which scam charges are hurled one after the other. The Congress has accused BJP chief ministers Vasundhara Raje, Shivraj Singh…
October 1, 2015, 10:46 AM IST
October 1, 2015, 10:42 AM IST
India has moved up several notches to rank 55 in the World Economic Forum’s (WEF) global index of the most competitive economies. This, no doubt, is welcome. But Indian policymakers will do well to not…
October 1, 2015, 10:42 AM IST
September 29, 2015, 5:04 AM IST
How much should our members of Parliament (MPs) be paid? The question provokes more heat than light. Despite near-free housing, electricity and water in Delhi, most MPs use few of these perks; much of their…
September 29, 2015, 5:04 AM IST
September 29, 2015, 5:00 AM IST
Prime Minister Narendra Modi delivered an inspired and inspiring speech on Digital India in Silicon Valley, which was much appreciated by the heads of information technology (IT) giants. Some have come forward to help India…
September 29, 2015, 5:00 AM IST
September 28, 2015, 4:02 AM IST
On Thursday, the Reserve Bank of India (RBI) said that banks would have the flexibility to swoop down on borrowers who were tardy with repayments, even before they had been formally declared as ‘non-performing assets’…
September 28, 2015, 4:02 AM IST
September 28, 2015, 3:55 AM IST
Prime Minister Narendra Modi’s ongoing visit to the US, to address the UN General Assembly’s 70th session and to raise India’s profile before assorted corporate chieftains, has been productive, so far. While the Pope hogged…
September 28, 2015, 3:55 AM IST
September 26, 2015, 3:47 AM IST
It is time for India to summon all its diplomatic resources to persuade the leaders of Nepal to appreciate India’s domestic concerns over the potentially turbulent fallout of that country’s new constitution that leaves half…
September 26, 2015, 3:47 AM IST
September 26, 2015, 3:40 AM IST
Volkswagen’s diesel emissions fraud highlights how India trails developed countries in emission norms. India’s primary constraint is fuel, rather than vehicle standards. Cheap crude offers India an opportunity to load a sizeable cess on fuel…
September 26, 2015, 3:40 AM IST
September 25, 2015, 7:00 AM IST
The more liberal norms proposed by the RBI for Indian companies to tap foreign credit are welcome. This is an opportune moment for India to absorb more foreign debt. Yes, there is macroeconomic risk that…
September 25, 2015, 7:00 AM IST
September 25, 2015, 6:57 AM IST
With age comes wisdom. Releasing the detailed judgment this week of the Uphaar cinema fire case that claimed 59 lives in 1997, a three-member Supreme Court bench maintained that one of the guilty was ‘fairly…
September 25, 2015, 6:57 AM IST
September 24, 2015, 7:11 AM IST
Forget China’s slowdown for a moment. A recent report in The Economist, based on research by McKinsey Global Institute and PwC, confirms China’s transition to a global innovation powerhouse. The private sector drives innovation in…
September 24, 2015, 7:11 AM IST
September 24, 2015, 7:09 AM IST
Last month, the Maharashtra government announced that any criticism of politicians or civil servants, representing the state, could attract charges of sedition with heavy penalties. On Tuesday, the Bombay High Court wisely stayed this, saying…
September 24, 2015, 7:09 AM IST
September 23, 2015, 7:10 AM IST
It is welcome that the draft national encryption policy with inane demands on the public to maintain records of transactions on assorted messaging applications, for handover to the authorities on request, has been dropped. This…
September 23, 2015, 7:10 AM IST
September 23, 2015, 7:08 AM IST
On Monday, when RSS chief Mohan Bhagwat said that he wanted a panel to re-examine caste-based reservations, he set off a perfect storm in the Sangh Parivar. His views were (correctly) interpreted as the RSS’…
September 23, 2015, 7:08 AM IST
September 22, 2015, 7:05 AM IST
On Friday, September 18, Reserve Bank of India (RBI) governor Raghuram Rajan spoke about the necessity of strong institutional structures, to support high growth. He is correct. Abjuring quick fixes in favour of building institutional…
September 22, 2015, 7:05 AM IST
September 22, 2015, 6:59 AM IST
Entrepreneurs should do what they are passionate about, with tenacity. Investors should invest in what they think are good ideas, regardless of trends, fashions and herd behaviour, all of which work together to create valuation…
September 22, 2015, 6:59 AM IST
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