Deficits Could Be Next 'Black Swan'
Rich Vs. Poor IT Organizations
The CEA either has his own magical price prediction models, or he is following into a minefield in the footsteps of his illustrious predecessors
Statistics collection should cease to be a function of the Centre and become a joint activity of all producers and consumers of figures
Rather than struggle with global finance, the Group of 20 should pool its resources to remove the risks involved in deep-sea oil exploration
Praful Patel has proved his worth in the aviation ministry; the ministry of railways will give him a chance to prove his mettle
Decontrol of oil product prices could bring competition and efficiency into the oil industry — only if investors believed the government
It is difficult to explain the errors of the tax code paper which has been so long in the making; it seems too many cooks have spoilt the broth
Import substi-tution saved the economy from the global slowdown. But real resilience comes from wage and price flexibility which we lack
If he is to prevail against the ruling monetarist dogma, the CEA will need the resolute support of the political leadership
If the Prime Minister attains a fiscal surplus and drives the economy into a spell of 10 per cent growth, he will leave the country far more grateful
If a state government wants to pay its farmers more for cane than the central SMP, it must do so out of its own coffers
G-20 is just a couple of floors on the tower of Babel of the world’s financial regulators; the remedies it would consider come from them
Commerce ministry’s controls on foreign direct investment are ridiculous; it is time the government closed down its businesses
Banks hardly lend to builders and know little about property market; if Reserve Bank wants to watch it, it should let banks lend to builders
The government’s new advisors are excellent, and have new ideas to offer; but like it or not, they will have to accept its age-old shibboleths
The new cost-plus formula the Reserve Bank has devised for the lending rates of banks makes no provision for bad debts that are inevitable
The enormous purchases of foodgrains by the government give it power to stabilise prices; it should simply add to this a cash subsidy for the poor
