| Business/Economy |
Our Chinese menu keeps growing -
Nayanima Basu, Business Standard
Even as new Chinese Premier Li Keqiang is visiting for the first time since taking over the present portfolio, old problems continue to plague Indo-Chinese bilateral trade relations. Problem of a huge trade imbalance against India even as both exports and imports declined in 2012-13... |
Big deal: Obama’s shale gas decision is a huge opportunity for India -
Seema Sirohi, FirstPost
The Obama Administration’s decision to allow export of shale gas is a very big deal – for India, if the Indian companies can get their act together and get into the game quickly. The decision is loaded with geopolitical significance, one that could be a game changer in Asia... |
How India should reform its trade for the 21st century -
Jayanta Roy, Business Standard
The sharp increase in the current account deficit (CAD) is ringing alarm bells. But it is a mere reflection of the postponement of 21st century trade reforms (TCTR) that have held India back from emerging as a major player in the global economy, with the shares of trade and investment far below their true potential. |
Revamp Indian Railways -
SN Mathur, NewIndianExpress
Indian Railways is in the news again, but for all the wrong reasons. Is it symptomatic of the malaise gnawing at the vitals of this pre-eminent undertaking of the government? The sores on its body are showing up only now. The organisation is in dire need of reforms. It is time to consider the changes being wrought in some of the other major railway systems. |
Wonder why arms dealers thrive in India? -
Sruthijith K K, EconomicTimes
NEW DELHI: Imagine for a moment that you grow tired of your life one day. You want more money, excitement, adventure, foreign vacations, fancy cars and suchlike. Nothing could help you achieve your dreams better and faster than becoming an arms dealer. Who owns a certain five-star hotel in Lutyens' Delhi? An arms dealer. Which Indian was among the largest donors to the Liberal Democrats in Britain? An arms dealer. Who has enough clout to influence domestic politics in Slovakia? An Indian arms dealer. |
Wonder why arms dealers thrive in India? -
Sruthijith KK, Economic Times
Imagine for a moment that you grow tired of your life one day. You want more money, excitement, adventure, foreign vacations, fancy cars and suchlike. Nothing could help you achieve your dreams better and faster than becoming an arms dealer. Who owns a certain five-star hotel in Lutyens' Delhi? An arms dealer. |
Rating the ‘raters’ -
Ramnath Pradeep, Business Line
The reputation and reliability of Credit Rating Agencies (CRAs) have taken a knock since the US sub-prime crisis of September 2008. Their failure to account for weaknesses and even giving high ratings to toxic mortgage-backed securities (MBS) was well exposed during that time.
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Madhya Pradesh goes the Gujarat way for power -
Jyoti Mukul, Business Standard
There is more in common between Gujarat and Madhya Pradesh than the fact that they are ruled by BJP governments. Both these states want to ensure uninterrupted power supply to their people. In March 2006, Gujarat completed its Jyoti Gram Yojana to provide round-the-clock electricity to all consumers and at least eight hours of supply to farmers. |
Crossholding in same telecom circle may go -
Surajeet Das Gupta & Aditi Phadnis, Business Standard
The Department of Telecommunications (DoT) is working on a proposal to disallow crossholding by one telecom firm in a competing one in the same circle. Under the current rules, a promoter in a telco can acquire up to 9.9 per cent stake in another in the same circle. The scrapping of the clause could have a far-reaching impact on many equity investments made by foreign companies, such as Vodafone, which has a stake in Bharti Airtel. It would also bring to close a controversial clause that has led to investigations about alleged violations, as well as battles between promoters. |
The argumentative economists -
Mihir S Sharma, Business Standard
Indians, a well-known economist once claimed, are argumentative people. Economists, by and large, are also a species that loves a good wrangle. Indian economists are thus, by descent and disposition, the most combative of human beings. As proof, for such an assertion requires proof, I present India’s Tryst with Destiny, the new book by the prolific pair of Jagdish Bhagwati and Arvind Panagariya, which puts the word “debunking” in its subtitle and doesn’t look back thereafter. |
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