Right market for exchanges
The United Stock Exchange fiasco highlights the risk of unscrupulous promoters starting an exchange with the sole intent of converting it into a money-spinning venture. »
Obsession with petrol
The hike addresses neither the failing health of the finances of the Government nor that of the oil marketing companies. »
Lacking gumption
The propensity to be blackmailed into not doing what is right has been the hallmark of the UPA II regime. »
Paper far from White
The Government needs to quantify the extent of black money generation, instead of peddling broad conjectures. »
Staying the hand on forex
Forex reserves are meant to curb excessive rupee volatility in currency markets, rather than be used as a cloak to mask macroeconomic distortions. »
RECENT EDITORIALS
Fuel pass-through imperatives
The Power Ministry has taken an in-principle decision to allow ‘pass-through' of fuel costs for all projects to be awarded under the tariff-based competitive bidding route during the 12th Plan per... »
Austerity and the rupee
The Finance Minister, Mr Pranab Mukherjee's statement on Wednesday calling for “some austerity” and “little bit of unpopular steps” is perhaps the first admission by this Government that the curre... »
Coal truths
Power producers have reasons to be peeved over the terms of the fuel supply agreements (FSA) that they are now inking with Coal India Ltd (CIL). These are heavily loaded in the latter's favour. Th... »
Reviving ‘animal spirits'
Viewed purely in statistical terms, the year 2008-09 was the worst in recent times for the Indian economy, with average industrial growth of 2.5 per cent. The period from December 2008 to June 200... »
Keep the flow going
The general impression about foreign investors losing interest in India is not exactly borne out by facts. The current year so far has seen foreign institutional investors (FII) pour in almo... »
Pressing the 'pause' button
‘‘You live to fight another day''. That may be an anachronism in modern-day warfare of incessant action, involving unmanned aerial vehicles, soldiers in night-vision goggles and satellites sniffing... »
Adding equity muscle to banks
These are testing times, indeed, for Indian banks. On the one hand, a slowing economy and repayment stress experienced by corporates have led to a piling up of bad loans. The so-called gross non-p... »
The water agenda
A prolonged dry spell in peninsular India has led to a dip in water levels in major rivers such as Krishna and Cauvery. Things could worsen if the South-West monsoon fails in these parts — a... »
Refiner to the world
That oil is India's No. 1 import item by value is a well-known fact. That it is also today the country's largest export item is, however, something not as well-known. In the fiscal year just gone... »
High flying costs
An increase of close to three and half times in user charges at the Indira Gandhi International Airport (IGI) in New Delhi should come as no surprise. It is, after all, an inevitable outcome of an... »
Amber light on the economy
Wrong end of spectrum
Second White Revolution
Wrong call
A timely cut
Teaching India
Worry lines on growth
Squeezed for cash
The land question
The Parliamentary Standing Committee on Rural Development has recommended that the Government must not acquire land for private companies or for public-private partnership (PPP) projects, even if... »
Lifeline for insurance
The Centre has decided to defer an increase in foreign direct investment (FDI) limits for insurance companies from 26 to 49 per cent. In doing so, it appears to have given in to the arguments made... »
Exportable grain mountain
With its godowns bursting at the seams, the Government has done the right thing by initiating moves for export of grain from the Food Corporation of India's (FCI) stocks. The economic rationale fo... »
Clutching at straws
Viewed purely from the highest traditions of libertarian principles, the Reserve Bank of India's (RBI) directive to exporters to convert 50 per cent of their foreign currency balances in banks — b... »
Oil sovereignty
India has done well to gently rebuke US attempts to force it to reduce oil imports from Iran. While it is in India's interest to prevent the Islamic Republic from acquiring nuclear weapons capabil... »
The message from Europe
Socialist Party candidate Francois Hollande's election as the new French President – plus the good show put up by non-mainstream, anti-European Union (EU) parties in Greece's parliament polls – re... »
Export control raj
Bans and prohibitions, almost by definition, are imposed only selectively on items whose production or consumption is deemed dangerous or immoral. In the case of others, they are to be invo... »
IT's different now
In the stock markets, candour often doesn't pay. Or so Infosys found out when its stock was soundly thrashed after it projected a 8-10 per cent revenue growth in the current fiscal. This has also... »
Wrong prescription
The Health Ministry and, now, the Planning Commission have rightly jettisoned the proposed formula under the draft National Pharmaceuticals Pricing Policy (NPPP) for controlling the prices of esse... »
Sharing the gas burden
Falling gas production from the offshore fields in the Krishna-Godavari basin (KG-D6) is not just about a dispute involving the operator (Reliance Industries) and the Government. It is also about... »
Not by consent alone
Measuring price pain
SEBI's alternative
Level ground on home loans
Beyond Punjab and Haryana
Dole for the Maharaja
Deaf to reason
- Aarati Krishnan
- Ashoak Upadhyay
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- C. Gopinath
- C.P. Chandrasekhar and Jayati Ghosh
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- Vidya Ram
Etihad told to pay Rs 50K for not providing meal of choice
Revise norms for thermal power plants: Green tribunal to MoEF
China launches telecom satellite successfully
Marks obtained in CBSE board exam cannot be given under RTI: High Court