It was the remarkable foresight of the makers of the Indian Constitution that they thought of creating a dedicated Schedule of Languages - the 8thSchedule – which initially included 14 languages as...
Admiral Karambir Singh, who assumed command as Chief of Naval Staff (CNS) last month-end, has put out “elaborate directives aimed at curbing subservient behaviour, restricting certain ceremonial...
It was on 17 April last that Jet Airways had run out of funds, and its operations had come to a grinding halt. Jet, a full-service airline, was competing domestically head-on with highly agile and...
Economists are confused about the health of the Indian economy. Firstly, statistics of the economy are unreliable. Methodologies for measuring growth and employment have been changed. Comparisons...
The rate cut last week by the Monetary Policy Committee (MPC) is unparalleled in the monetary policy history of the RBI since it is for the first time that the policy repo rate has been cut for the...
The Finance Minister will present her maiden Union Budget on July 5. She has asked all citizens to send their inputs, promising that each proposal will be duly examined. She has welcomed and already...
As widely expected, the Monetary Policy Committee (MPC) of RBI, in a somewhat rare show of unanimity cut the policy repo rate from 6% to 5.75% - third cut in a row- and what is more important,...
The 25 bps rate cut and the change in policy stance from ‘neutral’ to ‘accommodative’ has been welcomed by the markets and is consistent with the growth projections and the inflation target. The MPC...
Elections of course are far more complex...but one thing may be said – the pundits, often sitting at the upper end of the economic pyramid, are more likely to read it wrong. They get it the least,...
We will need a series of actions that fix structural issues and can drive change in the medium and longer term. There is in the end no quick fix to the given situation. Suggestions that the...
The huge downside of this experience for doctors at the start of their career will certainly mark them for life. This will possibly shape them, even scar them, and many may tend to believe that work...
It will be sometime before the depth of Narendra Modi’s electoral sweep sinks in and a much longer time before the phenomenon is better understood. The Prime Minister was right in telling his party...
The new NDA government will take charge in the last week of May 2019. The immediate task before the government is to prepare and present the Union budget. The budget exercise will be against the...
There is an old saying in Sanskrit. यथा राजा तथा प्रजा - as the King so are the people. In a democracy, the reverse is also true. As the people, so is the king. So, the people have got the King...
After the exit polls on May 19 predicted a landslide victory for the National Democratic Alliance, the stock market in Mumbai gave a euphoric salute, and the index broke its previous record. But...
The economic growth for the past three years has declined from 8.2 to 7.2 to 7.0 percent. The latest quarterly growth rate is 6.6 percent, and the January to March quarter data will be published in a...
Clawbacks are not uncommon in the US and can be particularly gratifying for shareholders and many groups of stakeholders, particularly when the money being taken back is from a former and powerful...
There are a host of considerations that rule, and not all of them are easily fathomed by city folk who tend to prefer the so-called national parties and pre-set alliances. Some of these dynamics are...
