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The Budget delivered earlier this month was praised for two things. First that it was spending money in the right place: capital expenditure, which would create value over the long term. And second that it was transparent. The deficit is three times what it should...

Last year, Arvind Panagariya, former vice-chief of the NITI Aayog, wrote in his book “India Unlimited – Reclaiming the Lost Glory” that Indian babus suffered from the socialist hangover, which has slowed down the pace of reforms the Modi sarkar wishes to introduce. To support...

Fuel prices in the country have been relentlessly rising. There is a consistent upward pressure on diesel and petrol rates. Petrol in the city cost Rs 88.27 per litre Wednesday, while diesel sold at Rs 84.68 per litre. The apparent reason for the upward movement...

God/universe/nature has a strict rule: all the suffering caused by man will have to be borne by man. Is anyone on this planet happy? Rich or poor? Hindus call it the law of Karma. Other religions simply dismiss it as coincidence. The root of all...

What has been in the realm of suspicion, surmise and disbelief will now be probed to ascertain whether there was truth in it or not. There could be high voltage politics in the move to investigate the matter, but one way to get to the...

An expression coined by former Prime Minister Indira Gandhi was ‘foreign hand’. Her successors - Rajiv Gandhi and Manmohan Singh - also used it aplenty. It was essentially a bogey resorted to whenever the former PMs found public criticism of their internal policies too hot...

The three hour nationwide chakka jam on February 6 by farmers agitating against the three farm laws has nailed the lie dished out by the Ministry of External Affairs (MEA) to the international community that only a small section of farmers have reservations about the...

The Economist is a magazine though it refers to itself as a newspaper. It is over 175 years old and sells about 10 lakh copies a week. Its readers are mostly professionals, highly educated and with higher incomes. It is one of the very few...

Kerala’s Chief Secretary Vishwas Mehta came under fire from the National Green Tribunal (NGT) over the continued ineffective solid waste management in Kochi. According to sources, the tribunal made scathing remarks against the state government while criticizing the affidavit filed by Mehta and threatened to...

A refrain in this year’s Budget was ‘spend’. Union Finance Minister Nirmala Sitharaman, during her 100 plus-minute speech, was at pains to state that ‘We have spent, we have spent and we have spent’. In fact, the government claimed it spent Rs 4.1 lakh crore...