Surjit S Bhalla

The writer is chairman of Oxus Investments, an emerging market advisory firm, and a senior advisor to Zyfin, a leading financial information company.

No proof required: MGNREGA does not help poor
Sat, Feb 06, 2016

The poverty debate in India needs to focus more on helping the poor, than projecting a bleeding heart at their plight.

Take Piketty with a pinch
Sat, Jan 23, 2016

While entirely appropriate for developed economies with good tax data, the Piketty method of estimating income distribution is entirely inappropriate for developing economies with bad tax data.

No Proof Required: Jaago, aur jaagte raho
Fri, Dec 18, 2015

GDP price deflator is negative. So why can’t the RBI cut rates?

No proof required: Incredible ‘Intolerant’ India
Sat, Nov 28, 2015

I further felt that this would be a healthy development, given that it would replace the elite with a feudal, dynastic mindset with an elite with a middle-class mindset.

No proof required: No time for caste reservations
Sat, Nov 21, 2015

In a perceptive article in another newspaper, Baijayant “Jay” Panda, MP from Odisha, observed that there seemed to be an upsurge in “issues before the electorate” prior to the recent state elections.

No Proof Required – Bihar elections: what happened and why
Sat, Nov 14, 2015

It was a lousy campaign. The BJP, Narendra Modi and Amit Shah ignore this reality at their peril.

No Proof Required: Spot the difference between Delhi and Bihar elections
Thu, Nov 05, 2015

Can we please not pursue lazy journalism and even lazier analysis by chasing the theme of caste-based voting? If forced to make a point estimate, I would say 175 seats for JDU+ and 60 seats for NDA.

No proof required: Confessions of a self-styled liberal
Sat, Oct 17, 2015

Modi knows that the liberati media is gunning for him. Then why give them a beefy opportunity?

No proof required: Guns, laws and sacred cows
Sat, Oct 10, 2015

An Islamic or Jewish nation can prohibit the killing of pigs. A Hindu nation can prohibit the killing of cows. A secular nation can do neither.

No proof required: Central bank governor, a no-mistake job
Sat, Sep 26, 2015

Given long and variable lags, unknown base effects, and confounding inflation expectations, can a monetary official ever get a policy action wrong?

GDP growth: Over to the RBI
Sat, Sep 12, 2015

A necessary condition for GDP growth to accelerate beyond 7 per cent per annum is for the RBI to cut rates aggressively

No proof required: Numbers don’t lie-people do
Sat, Sep 05, 2015

‘If you tell a lie big enough and keep repeating it, people will eventually come to believe it’: Goebbels.

Census, Christians, Conversions
Tue, Sep 01, 2015

Despite having the highest level of female education and the lowest fertility rate, why is the Christian population growth rate the same as that of the average Indian?

No proof required: Why inflation fell
Wed, Aug 26, 2015

The RBI should screen each contender for the MPC with a simple question — how do you explain the past determinants, and the future trend, of inflation in India?

No proof required: Sons, daughters, class
Tue, Aug 18, 2015

Prior to the advent of Modi’s “unscrupulous doctors” practising abortion of the girl foetus, Indian parents had enforced a son-preference society through neglect or infanticide of the girl child.

Deconstructing inflation
Sat, Aug 08, 2015

The central bank continues to misread the situation because it persists in using year-on-year data.

Now will Congress pass GST?
Sat, Aug 01, 2015

The BJP has the ammunition to pass the GST bill — most importantly, the promise of a revenue neutral GST tax rate of 11 per cent, which a task force set up by the Congress had first proposed in 2009

No Proof Required: An ideal MPC for India
Wed, Jul 29, 2015

The most desirable monetary policy committee will be one that gives primacy, but not total control, to the RBI.

How bad is the SECC data?
Thu, Jul 23, 2015

It’s very bad. It proves the adage — garbage in, garbage out.

No Proof Required: Conflict of interest, anyone?
Mon, Jul 27, 2015

High time the PM asked all BJP politicians to give their LPG cylinder, sorry, BCCI job, back.

No Proof Required: It is the BCCI, stupid
Sat, Jul 04, 2015

If I were in Sushma Swaraj’s position, I would have acted like she did.

Is Lalit Modi a fugitive?
Sat, Jun 27, 2015

From available evidence, he isn’t. So where is the need for Raje and Swaraj to resign?

Needed: neta-cricket divorce
Tue, Jun 23, 2015

PM Modi should set an example by asking all BJP politicians to resign from the BCCI and its affiliated bodies

No Proof Required: The change is here
Sat, Jun 13, 2015

In the Modi regime, profit-making and job creation is no longer seen as dirty work.

No proof required: Legacy of tax terrorism
Fri, May 15, 2015

In its first year, Modi government has undertaken a major economic restructuring. But it has also scored policy self-goals.

No Proof Required: Some media-bashing
Sat, Apr 25, 2015

Going by their learned comments on farmer suicide, if the Congress had won the previous election, it would have introduced a right to happiness bill to satisfy all voters.

No Proof Required: New GDP is for real
Sat, Apr 18, 2015

Pessimists on Indian growth will have to look for pastures other than the new GDP data

Book review: Reading Mihir S. Sharma’s ‘Restart’ akin to the peeling of an onion
Mon, Mar 30, 2015

The documentation of the Kafkaesque Indian labour laws meant to protect the elite worker.

Three finals in 2015?
Tue, Mar 24, 2015

Cricket World Cup so far has been humdrum. But next three ‘finals’ have the potential to make this a cup to remember.

No Proof Required: So why not ban the RSS?
Fri, Mar 06, 2015

It is wrong to ban ‘India’s Daughter’, wrong to extend ambit of cow-slaughter ban, and wrong to ban extremist political organisations.

No such thing as free water
Wed, Feb 18, 2015

AAP should scrap free water policy for all and target poor localities, and those with no access to piped water.

No Proof Required: A fifth triumph for Australia?
Sat, Feb 14, 2015

What’s in the stars, and in the stats, for World Cup 2015.

No Proof Required: Dilli ko gussa kyon ayaa
Wed, Feb 11, 2015

Modi should not see AAP victory as having relevance only for Delhi. Kejriwal should not see it as having meaning beyond Delhi.

No Proof Required: Believe it or not statistics
Sat, Feb 07, 2015

The miraculous 2013-14 growth has essentially come from artificially lowering the numbers for 2012-13.

Delhi Assembly Polls
No Proof Required: Straw in the Delhi wind
Sat, Jan 24, 2015

Here’s an early forecast: It’s advantage BJP.

2015 cut foretold: 200 basis points
Fri, Jan 23, 2015

Most forecasts of repo rate cuts needed in India this year seem to be out of sync with the underlying trend of inflation and growth in India and the world.