Deepak Nayyar
Finance minister Arun Jaitley. The obsessive concern of the finance ministry with the gross fiscal deficit of the central govt is baffling. Photo: Indranil Bhoumik/Mint

Wrong time for fiscal squeeze

8 min read . 12 Jan 2018
Angela Merkel, who has been elected chancellor of Germany for three successive terms, suffered a setback that was described as a “nightmare victory”. Photo: AFP

The political impasse in Germany

8 min read . 08 Dec 2017
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