U.S. Bases Vital for Philippine Security, Official Warns
29 July 1987 English (c) 1987 Reuters Limited MANILA, July 29, Reuter – U.S. military bases in the Philippines are vital to the security of…
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New Business Families
“If a thousand suns were to rise in the heavens at the same time, the blaze of their light would resemble a little the supreme…
Energy Shock: India Story Risks Running Out Of Steam
This has been a summer of discontent, and the portents are not auspicious. One day after Prime Minister Manmohan Singh announced his second underwhelming Cabinet…
Scrabbling Away From the Abyss
Nitish Kumar’s victory in last month’s Bihar election celebrates the triumph of economics over feudalism, but the climb out of poverty will be steep and…
GREAT STRESS TEST
Since you all love acronyms for the Good and Simple Tax and the Grand Stupid Thought, the headline is my humble contribution to your lexicon.…
ENOUGH ALREADY
I wish the government would stop trying to defend demonetisation. Every time there is bad economic news, the government jumps up to proclaim that demonetisation…
HOW TO MAKE MORE WITH LESS
How much a hurry is prime minister Narendera Modi in? It depends on your horizon. By one measure, he has 22 months, but then he…
A FIRST-RATE PROBLEM
India’s economy is lurching like a car with two flat rear tyres. The monsoon has been better than expected: a bumper kharif crop is expected,…
CLOSE,, BUT NO CIGAR
Finance Ministers take on a certain air when they think things are going swimmingly and nothing can rock the economy when it is cruising along.…
TOO BIG TO FAIL
Independence Day is a good excuse for some economic chest-thumping. We should be proud that lndia is a free-enterprise democracy. Imagine the world’s burden if…
The Dog’s tail
There is no loophole that has not met an Indian taxpayer. A Hindi proverb says you can never straighten a dog’s tail (kutte ki poonch…).…
Jaat Kahan Ho
It is Useful to remind ourselves about how infinitesimal we are in the cosmic order. As we methodically destroy our planet, it is unlikely we…
Waterless World
Time was when ‘Glacial Speed’ used to mean ‘very, very slowly’. That has changed forever. We know that our planet is warming. New research shows…