• Will Modi as PM push Sensex up even more? January 30, 2014

    No one can prove it, but the recent uptick in the Indian stock markets is widely suspected to be the NaMo bounce. NaMo, as in Narendra Modi, the Bharatiya Janata Party (BJP) candidate for prime minister in case the party wins enough seats to form the next government. Goldman Sachs,...
  • Why India needs more banks July 30, 2013

    A shortage mentality, probably a relic from our licence-permit raj days, continues to pervade both officialdom and business. A case in point is banking. India is an underbanked country, and we could certainly do with more banks. So when the Reserve Bank of India opened a window for new bank...
  • Comment: The scam's your imagination Mr Sibal March 22, 2011

    One can pity Kapil Sibal. Given the thankless job of covering up the UPA's atrocious record on corruption, he has fallen back on the old political strategy of beggaring-thy-neighbour: if I can't improve my reputation, it's best to make my opponents look worse. But he has failed miserably. First, he...
  • Comment: Our PM - zero to hero to Nero March 18, 2011

    What is one to make of Manmohan Singh? Is he a clean politician forced by circumstance to travel with a boatload of crooks? A radical economic reformer trapped in the wrong party at the wrong time? Or is he just plain incompetent and irresponsible? Consider his recent statements and actions...