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What's the strategy to revive the economy? Mere fundamentals will not do the trick
Is there a way out? First and foremost, recognise that we are dealing with issues of solvency
The four-point turnaround plan for the public sector telcos is a set of necessary steps but is far from sufficient
Exit of the smaller firms, RCom going into bankruptcy, huge losses of incumbent firms, mounting debt and stressed bank assets
Delhi's experience holds valuable lessons for other states. Most certainly emulate its effort to improve government schools but tread carefully while regulating private schools
Narendra Modi's popularity ensured that people would accept temporary pain for long-term gain. Some disappointment was inevitable. But the dismay is far more
The value of the currency that ceased to be legal tender was Rs 15.44 lakh crore
Most bankers, it seems, are not aware that discretion is the better part of valour
Experts are critical of India's trade negotiating stance but many such analyses are inaccurate
DBT can and will stop leakages provided eligibility is clearly spelt out. However, in the hands of politicians, it has become a means of evading critical public policy choices and postponing actual re
Five things the Department of Commerce could do to reverse the slide in India's exports
The Department of Telecommunications must take up expansion of coverage in grossly under-served areas and revival of the telecom industry as national priorities
India needs to walk the talk to signal abiding credible commitment to reform.Inaction is no longer justifiable
Rather than high domestic absorption, large budgetary deficits and an overvalued exchange rate, it is domestic policy distortions and inaction to correct them that lead to huge current account deficit
Rather than direct action, the government chose moral persuasion to make people give up subsidies. The focus then shifted to relying on technological solutions. We need to take a few more steps forwar