The writer is contributing editor, 'The Indian Express', and senior India analyst, The Observatory Group, a New York-based macro policy advisory group
It is high time for all of us to get real, recognise and reward Raghuram Rajan for a job brilliantly done
If Monsoon 2016 is as expected, then the first three years of the Modi government will be the best three years for India’s economy since 1996, and possibly the best three consecutive years since Independence
Assembly poll results prove voter is focused on development, not dynasty or caste and creed math
If the party and its allies lose in all four state elections, as opinion polls predict, the political dialogue will shift towards discussing the end of the Congress era
After adjustment, consumer price index-based inflation in 2015-16 was 3.8 per cent — a full 1.10 percentage points below the official estimate of 4.9 per cent.
Those who pay exorbitant surge prices for buses for 13 days should not object to occasional surge pricing by taxi aggregators.
Now that the new GDP data have implicitly received the RBI good housekeeping seal of approval, perhaps we can all move on to more challenging appraisals of the Indian economy
The IPL water controversy proves that common sense is least common, especially in the ‘moral’ space occupied by TV anchors and politicians
By not responding to extreme provocation by Congress, BJP is showing that it is learning to lead.
Budget 2016-17 should be regarded as perhaps the best budget since 1996. The BJP’s surprisingly good fiscal performance in 2014 and 2015 suggests that achhe din are here
Aadhaar bill is one of the most transformative economic reforms ever. But does anyone care?
Those who have seriously questioned it owe an apology to the CSO for doubting its authenticity and the integrity of the statisticians
Students, or anybody else for that matter, should be allowed to pontificate, as long as it doesn’t involve a crime — and mere words don’t constitute one.
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