The writer is chairman of Oxus Investments, an emerging market advisory firm, and a senior advisor to Zyfin, a leading financial information company.
The poverty debate in India needs to focus more on helping the poor, than projecting a bleeding heart at their plight.
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.
GDP price deflator is negative. So why can’t the RBI cut rates?
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.
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.
It was a lousy campaign. The BJP, Narendra Modi and Amit Shah ignore this reality at their peril.
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.
Modi knows that the liberati media is gunning for him. Then why give them a beefy opportunity?
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.
Given long and variable lags, unknown base effects, and confounding inflation expectations, can a monetary official ever get a policy action wrong?
A necessary condition for GDP growth to accelerate beyond 7 per cent per annum is for the RBI to cut rates aggressively
‘If you tell a lie big enough and keep repeating it, people will eventually come to believe it’: Goebbels.
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?
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?
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.
The central bank continues to misread the situation because it persists in using year-on-year data.
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
The most desirable monetary policy committee will be one that gives primacy, but not total control, to the RBI.
It’s very bad. It proves the adage — garbage in, garbage out.
High time the PM asked all BJP politicians to give their LPG cylinder, sorry, BCCI job, back.
If I were in Sushma Swaraj’s position, I would have acted like she did.
From available evidence, he isn’t. So where is the need for Raje and Swaraj to resign?
PM Modi should set an example by asking all BJP politicians to resign from the BCCI and its affiliated bodies
In the Modi regime, profit-making and job creation is no longer seen as dirty work.
In its first year, Modi government has undertaken a major economic restructuring. But it has also scored policy self-goals.
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.
Pessimists on Indian growth will have to look for pastures other than the new GDP data
The documentation of the Kafkaesque Indian labour laws meant to protect the elite worker.
Cricket World Cup so far has been humdrum. But next three ‘finals’ have the potential to make this a cup to remember.
It is wrong to ban ‘India’s Daughter’, wrong to extend ambit of cow-slaughter ban, and wrong to ban extremist political organisations.
AAP should scrap free water policy for all and target poor localities, and those with no access to piped water.
What’s in the stars, and in the stats, for World Cup 2015.
Modi should not see AAP victory as having relevance only for Delhi. Kejriwal should not see it as having meaning beyond Delhi.
The miraculous 2013-14 growth has essentially come from artificially lowering the numbers for 2012-13.
Here’s an early forecast: It’s advantage BJP.
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.