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Opinion/Editorials |
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Touching 54 -
Business Standard
On the heels of Standard & Poor’s decision to downgrade its India outlook, Morgan Stanley has issued a warning that India is vulnerable to a balance of payments shock. This cannot be a surprise to the Reserve Bank of India, since its governor has described the situation as “disturbing”. An unhealthy combination of a record trade gap and a record current account deficit (CAD) has left the central bank perched on a tightrope. The CAD may hit four per cent of GDP in 2011-12 (it exceeded 4.3 per cent in the third quarter).
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Stuck record: Why Amartya Sen is wrong on food security again -
R Jagannathan, FirstPost
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Amartya Sen, jholawalas, and the wrongs of rights-based laws -
Seetha, FirstPost
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Chance to stem the CBI rot -
Chitra Subramaniam Duella, Mail Today
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Mr Bansal, take the train, Mr Kumar, follow the law -
Abheek Barman, ET
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Abdicating governance -
Sitaram Yechury, Hindustan Times
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Withdrawal symptoms -
S Nihal Singh, Deccan Chronicle
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Problem is in New Delhi, not in Beijing -
Harsh V Pant, DNA
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A ‘scam-a-day’ UPA chugs on -
Rasheeda Bhagat, Business Line
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Coal scam: Will the high-ups be probed? -
S Gurumurthy, NewIndianExpress
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Rail Roaded -
Financial Express
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Border crisis ends: Why China picked a fight with India -
Praveen Swami, FirstPost
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An economy saved by a piano top -
Amay Hattangadi & Swanand Kelkar, Mint
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Fewer and better -
Business Line
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Unfit to hold the post of Attorney General -
Rajeev Dhavan, Mail Today
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Everyone loves food security -
Sunil Jain, Indian Express
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Mr Subbarao talk less and ensure there is enough liquidity -
Sugata Ghosh, Economic Times
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Incredibly shrinking India -
Business Standard
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UPA faces tough options -
Anil Padmanabhan, Mint
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Good fences make good neighbours -
Joe Thomas Karackattu, Business Standard
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Milquetoast Doctrine -
Ashok Malik, Asian Age
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The great dictation -
Indrajit Hazra, Hindustan Times
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UPA II will be felled by people anger -
Sandeep Bamzai, Mail Today
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India fed up of dysfunctional Govt -
Swapan Dasgupta, Pioneer
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Sardar Patel saw through China -
Rajesh Singh, Pioneer
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India has never seemed as helplessly weak as now -
MJ Akbar, ToI
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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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