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Business/Economy |
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Retail inflation spurts to 10.36% in April -
Business Line
The consumer price index climbed to double-digit level in April at 10.36 per cent, fuelled by a sharp rise in vegetable, edible oil and milk prices. For the same month, the wholesale price index (WPI)-based inflation stood at 7.23 per cent. The divergence between the two indices indicates that the Reserve Bank of India may not aggressively cut repo rate in the upcoming policy review meeting, say economy watchers.
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Politician families in business: What aided their meteoric rise -
John Samuel Raja D, Economic Times
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The making of Rotavac -
Jacob P Koshy, Mint
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R-Infra to exit Rs 20k-cr projects on government delays -
Rachita Prasad, Economic Times
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Trade chasm with China is widening -
Mail Today
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Lower wheat procurement benefits all -
Tejinder Narang, Business Line
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Telecom cartel killed spectrum auctions; govt failed to act against them: CAG -
Joji Thomas Philip, Economic Times
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India Inc looks to scale Great Wall with next-gen biz -
Financial Express
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Grain scam: Bihar food corp ends up with chaff as rice worth Rs 535 cr vanishes from mills -
Santosh Singh, Indian Express
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How GST delay is forcing MSMEs to relocate -
Asit Manohar, Economic Times
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Where's the coal? -
Subir Gokarn, Business Standard
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Our Chinese menu keeps growing -
Nayanima Basu, Business Standard
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Big deal: Obama’s shale gas decision is a huge opportunity for India -
Seema Sirohi, FirstPost
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How India should reform its trade for the 21st century -
Jayanta Roy, Business Standard
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Revamp Indian Railways -
SN Mathur, NewIndianExpress
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Wonder why arms dealers thrive in India? -
Sruthijith K K, EconomicTimes
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Wonder why arms dealers thrive in India? -
Sruthijith KK, Economic Times
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Rating the ‘raters’ -
Ramnath Pradeep, Business Line
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Madhya Pradesh goes the Gujarat way for power -
Jyoti Mukul, Business Standard
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Crossholding in same telecom circle may go -
Surajeet Das Gupta & Aditi Phadnis, Business Standard
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The argumentative economists -
Mihir S Sharma, Business Standard
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How the Indian economy is losing competitiveness -
Niranjan Rajadhyaksha, Mint
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Private universities: Creating another entry barrier -
TV Mohandas Pai, FE
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Procurement plunge casts shadow over food Bill -
Sandip Das, Financial Express
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Drug pricing order hits few, helps many -
Financial Express
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After telecom licences and coal blocks, will bank licences be the next cash cow for the UPA? -
Mythili Bhusnurmath, Economic Times
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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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