| |
|
|
All along, the government has assumed that a ready market exists for any stake it is willing to sell in companies it owns
|
Year by year, instead of going down, fertilizer subsidies and minimum support prices keep going up. And, of course, we learn to not hold our breath awaiting reform
|
The recent round of fears about the solvency of deficit-ridden European economies comes in the wake of the Dubai default fears in November
|
As the world tries to fashion a post-carbon economy, the sun and the wind are more likely to be equated with life rather than death
|
It is important that the Union government accept the panel’s recommendations and end the back-door regulation of fuel prices
|
The US President gamely tried to sound like a deficit hawk when he presented his administration’s budget for 2010, but the sheer size of the proposed deficit ensured that the spin could not carry the day
|
The larger question that needs to be answered is: what is fuelling this politics? It is easy to dub it as “Marathi fascism”, but this cannot evade the fact that politics has its origins in real life and not in ideas alone
|
The big problem is, can moral hazard ever be eliminated when banks know that rescue packages are around the corner? No one wants to talk about that
|
Maintaining the Indian economy on a stable growth path requires a reduction in the fiscal deficit
|
IMF has said the initial surge in portfolio inflows into emerging markets in mid-2009 was the result of push factors as risk appetite returned
|
The growing tendency to recognize friends and well-wishers in the national honours list can only serve to dilute the awards, and may even force all right-thinking awardees to refuse or return the awards
|
The breathtaking equities rally in 2009 was based on extraordinarily loose fiscal and monetary policies, as governments around the world fought the prospect of a total meltdown in the global economic system
|
The Italian experience tells us that squelching Net freedom is often too tempting for politicians of all stripes: it does not matter whether they’re “democrats” or authoritarian
|
One of the worst episodes was in December 1952, when a dense fog blinded the city and even seeped indoors, forcing theatre owners to cancel film shows because the audience could not see what was happening on screen
|
Rigidities are preventing the flow of investment, something that makes agriculture a low productivity sector
|
The price controls that the current auction sets--a base price, a maximum bid--could well be preventing a team from attracting big players or making do with those who prove to be risky bets for whatever reason (the ones from Pakistan)
|
Japan Airlines was initially established as a private firm but was nationalized in 1953 to serve a nation coming out of the ruins of war
|
The Middle Kingdom’s geopolitical rise has already prompted countries to think about countering China in economic and military terms
|
After an earthquake struck Haiti this week, commentators are asking why this Caribbean nation is so poor. One answer that keeps coming up is its tryst with colonialism
|