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Business/Economy |
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China may spring a nasty surprise -
Ruchir Sharma, Financial Express
The current debate on China’s future has two basic camps: the extremely bullish camp and the bearish camp. The extremely bullish camp likes to extrapolate past trends endlessly into the future, forecasting continued growth of 8% or better. The economists who are most bullish on China predict the economy will grow by 15% in dollar terms every year, or 8% growth in GDP plus 5% appreciation of the yuan and 3-4% inflation, which would be enough for China to “eclipse” the US in a decade.
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Etihad picks up 24% stake in Jet Airways for Rs 2,050 cr -
Business Line
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Breaking the telecom logjam -
Mahesh Uppal, Financial Express
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Roubini says India far from doomsday, can better BRICS peers -
Indian Express
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Get real. More growth=less jobs -
Ashoak Upadhyay, Business Line
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West Bengal's 'chit fund'-fuelled media boom -
Digbijay Mishra, Business Standard
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Maharashtra tomato farmers prosper from red-hot auction model -
Nanda Kasabe, Financial Express
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Policy paralysis hit growth -
Financial Express
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India inc can now land -
Swaminathan S Anklesaria Aiyar, Economic Times
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UPA hauled over coals on captive mine blocks -
Financial Express
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Uncomfortable truth about CAD -
Sajjid Z Chinoy, Financial Express
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Bad economics can also be bad politics -
Financial Express
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Funds misspent in rural plan: CAG -
Prasad Nichenametla, Hindustan Times
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Counting the costs of direct cash transfers -
Madan Sabnavis, Business Standard
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SC sees a schemer in Sahara -
India Today
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A paternalistic law -
Shruti Rajagopalan, Indian Express
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Inside the mind of Schmidt -
Alan Rusbridger, Hindustan Times
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The chit fund meltdown -
Sumanta Ray Chaudhuri, Hindustan Times
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Panel slams PC for unreal nos -
Times of India
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All coal blocks awarded after 1993 illegal: Panel -
Sanjay Dutta & Mohua Chatterjee, Times of India
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Notice to Centre on Tamil Nadu's plea for setting up of Cauvery Board -
J Venkatesan, Hindu
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The much-required bitter pill -
Atul Chandra, Financial Express
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Free the skies for India too -
Kushan Mitra, Pioneer
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Are we missing the big picture? -
Sidharth Birla, Financial Express
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Coming full circle on insurance -
Tapen Sinha, Indian Express
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Time is running out for the power sector -
Vikram Limaye, Mint
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Verbatim |
 There was for years an old "social contract" between politicians and business. This provided for complex rules and regulations that made it impossible to do business honestly in many fields. But it was possible to do business dishonestly, through pay-offs . Some called this "efficient corruption" : politicians took money and delivered clearances. However, the anti-corruption mood of the courts, and new fears of getting caught (like Pawan Bansal) have ended "efficient corruption" . Politicians may still take money but not deliver on clearances , what some call "inefficient corruption" that freezes investment and growth. The old social contract has broken down.
Swaminathan SA Aiyar |
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Split with Nitish will only boost BJP in Bihar -
K Balakrishnan, LensOnNews
WITH THE BJP seemingly decided on projecting Narendra Modi as its PM candidate and its close ally Nitish Kumar of JD(U) equally firm in his opposition to the idea, a split in the NDA alliance looks inevitable; most observers think it’s not a question of if, but when. |
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