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

August 28, 2015, 6:28 AM IST
From $103 a barrel a year ago, the price of crude oil has crashed to $43, with no bottom in sight. What does this mean for geopolitics and its knock-on effects on India? Oil producing…
August 28, 2015, 6:28 AM IST
August 28, 2015, 6:24 AM IST
In an interview to ET, RBI governor Raghuram Rajan made some points that should inform the public discourse, besides policy-making. One, India’s economic situation is relatively robust and not particularly vulnerable to turbulence sweeping across…
August 28, 2015, 6:24 AM IST
August 27, 2015, 6:23 AM IST
The demand by the politically, socially and economically influential Patels of Gujarat for a share of the quota set aside for the other backward classes reflects how the policy of reservations has degenerated as a…
August 27, 2015, 6:23 AM IST
August 27, 2015, 6:20 AM IST
The good news from census data on the size of religious communities is that all communities show a downward trend in growth. The bad news is the tendency to raise unfounded alarm over the rise…
August 27, 2015, 6:20 AM IST
August 26, 2015, 6:42 AM IST
RBI governor Raghuram Rajan is right to prod real estate developers to start reducing prices to increase sale of their inventory, rather than to harp on interest rate cuts. But he is wrong to bar…
August 26, 2015, 6:42 AM IST
August 26, 2015, 6:39 AM IST
The jurisdiction of the International Tribunal for the Law of the Sea (Itlos) over Indian waters is to be taken more seriously than King Canute’s over his own sea coast. No matter that the UN,…
August 26, 2015, 6:39 AM IST
August 25, 2015, 6:20 AM IST
Building more cold storages in all areas where onions can grow, value addition to desiccate onions and convert it into powder that is automatically amenable to widely distributed storage in the trade and supply chain…
August 25, 2015, 6:20 AM IST
August 25, 2015, 6:18 AM IST
If you panic as you watch the Bombay Stock Exchange Sensex tumble over 1,600 points in a single day and bourses around the world perform similar swoons, remember Flipkart, Ola or any one of the…
August 25, 2015, 6:18 AM IST
August 24, 2015, 6:32 AM IST
The A P Shah panel on minimum alternate tax (MAT) has reportedly recommended that the exemption, prospectively granted in Budget 2015, of foreign portfolio investors (FPIs) from MAT be made retrospective as well. The government…
August 24, 2015, 6:32 AM IST
August 24, 2015, 6:29 AM IST
The finance minister says the government has launched a major effort to lower the bad loans weighing down the banking system. If only this were true. Not that the government has done nothing. It is…
August 24, 2015, 6:29 AM IST
August 22, 2015, 5:22 AM IST
The government and cellular operators are engaged in a futile argument over why Indian mobile consumers suffer an increasing number of call drops. The government accuses the telecom service providers of not investing enough to…
August 22, 2015, 5:22 AM IST
August 22, 2015, 5:19 AM IST
The Allahabad High Court has ordered that all those drawing a salary from the UP state government should send their children to a government-run primary school, rather than to a private school, and has asked…
August 22, 2015, 5:19 AM IST
August 21, 2015, 6:57 AM IST
The licensing of 11 payment banks will advance financial inclusion. The new licensees include Airtel and Vodafone, the department of posts and conglomerates Reliance and Aditya Birla. The exclusion of several financial technology companies working…
August 21, 2015, 6:57 AM IST
August 21, 2015, 6:53 AM IST
India must not call off talks with Pakistan, nor should it allow for any third party, be it the US or the Hurriyat, to determine the agenda. A dialogue process provides New Delhi with the…
August 21, 2015, 6:53 AM IST
August 20, 2015, 6:29 AM IST
The Centre’s ambitious plan for a hundred smart cities surely calls for a thriving market for municipal bonds. To revamp and rebuild our urban environs, we require resources on an unprecedented scale, and it makes…
August 20, 2015, 6:29 AM IST
August 20, 2015, 6:25 AM IST
Former Sri Lankan president Mahinda Rajapaksa’s defeat in the Monday’s general elections should elicit a sigh of relief from both the island nation and India. The Sri Lanka Freedom Party-led United People’s Freedom Alliance, which…
August 20, 2015, 6:25 AM IST
August 19, 2015, 6:15 AM IST
Prime Minister Narendra Modi went to Bihar and announced a development package worth Rs 1,25,000 crore, in addition to Rs 40,000 crore worth of ongoing projects. This is good news for Bihar, whoever wins the…
August 19, 2015, 6:15 AM IST
August 19, 2015, 6:09 AM IST
India’s Rs 80,000-crore sugar industry is facing its ‘worst crisis in 30 years’, with huge stocks, weak global and local prices and a heavy debt burden: sugar mills owe about Rs 65,000 crore to banks…
August 19, 2015, 6:09 AM IST
August 18, 2015, 7:24 AM IST
In his Independence Day speech, Prime Minister Narendra Modi spoke about the necessity of launching startups in every corner of India, calling upon rural areas and tribal and Dalit populations to develop entrepreneurial skills to…
August 18, 2015, 7:24 AM IST
August 18, 2015, 7:20 AM IST
The government’s seven-point plan for public sector banks (PSBs) is welcome, but runs the risk of proving as ephemeral as the Indradhanush (rainbow) it has been named after, for want of some key reforms. Sensibly,…
August 18, 2015, 7:20 AM IST
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