Business/Economy
Furiouser and furiouser - Economist
Simmering anger over bankers’ pay was fuelled afresh on May 9th when a British court ruled that Commerzbank, a serially bailed-out German bank, had to pay bonuses promised to some of its investment bankers in London even though it subsequently posted colossal losses and collapsed into the arms of the state. The court ruled, reasonably enough, that a promise made was one that really ought to be kept.
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A million engineers in India struggling to get placed in an extremely challenging market - Anumeha Chaturvedi & Rahul Sachitanand, Economic Times
Not at this Rate… - Bibek Debroy, Economic Times
Required: 'Mission mode' for PPP in electricity distribution - Vinayak Chatterjee, Business Standard
Civil aviation ministry red flags Jet being piloted out of Abu Dhabi - Mihir Mishra, IE
Abhishek Singhvi moves IT settlement commission over undeclared income - Ajmer Singh, Indian Express
RBI pauses, hints at rate cut in July - Times of India
IT dream unravels for engineering graduates - Pankaj Mishra, Mint
Managing the rupee - V Balakrishnan, Financial Express
GST likely to be collateral damage in JD(U)-BJP split - Gireesh Chandra Prasad, FE
Join politics, see 3-fold jump in wealth in 5 yrs - Chetan Chauhan, Hindustan Times
498 Indians named in tax haven scoop - J Gopikrishnan, Pioneer
Waiting for a hundred dalit billionaires - SA Aiyar, Times of India
Most states can’t stock food grains for more than a month - Pradeep Thakur, Times of India
FIPB puts Jet-Etihad deal on hold - Times of India
Inflation at 43-month low of 4.7% - Times of India
Import lobby threatens every petroleum minister: Moily - Times of India
Real Estate Bill: More power to the home buyer - L Ramakrishnan, Indian Express
Delhiites and their 'power' - Sanjay Kaul, Pioneer
Govt putting price on mother's love? - Jaya Shroff Bhalla, Pioneer
Colonisation, the phoney-money way - S Gurumurthy, Business Line
It's all in the mindsets - R Gopalakrishnan, Business Standard
The unhealthy legacy of process patents - Bhupesh Bhandari, Business Standard
Maxis case: CBI to charge Maran? - Times of India
Going down the wrong road - Pradeep S Mehta, Business Line
Industrial production dogged by data issues - Kunal Kumar Kundu, Bus Std
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Verbatim

What happened (in 2002) was a blot. But it’s not good if we remember just that and forget other things that are happening. I congratulate Narendra Bhai. Gujarat’s development is helpful for India and if Gujarat develops the nation will also develop. I hope Narendra Modi won’t be confined to Gujarat for long and the nation will get his services.
Nitish Kumar, in December 2003
 

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WITH NARENDRA MODI moving to the forefront of national politics and receiving accolades for every speech and every public appearance that he makes, it’s only a question of time before the BJP announces that it will fight the next Lok Sabha polls under his leadership as its PM candidate.

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