T C A Srinivasa Raghavan

The problem, as many experts have pointed out, lies with the power of judicial review. The judiciary has invested it to mean absolute judicial supremacy, while the govt begs to differ

A six per cent increase in the Congress share will probably not get it anywhere, but a similar decline in the BJP's vote share could end its majority, writes T C A Srinivasa-Raghavan

The acceleration in the pace of publishing the history of the central bank is something worth wondering about. It would be better to let some time elapse before embarking on the exercise

The West can learn from India the art of keeping a balance between the asset and liabilities sides. But it won't

Remember that in elections and in cricket, it's never over till it's over. The oddest combinations of factors can make bookmakers look foolish

Only politicians can fix the problem because, contrary to public belief, it is they who create money, not central banks

China will probably also adopt an old tactic. "I will keep what I have taken. You accept that. And we will all calm down then"

The Gandhi family is to the Congress what the RSS was to the BJP. But the latter has now reduced its dependence on the RSS to almost zero

Ashok Lahiri's book is a collection of thoughtful observations on India's economic journey since 1947, spiced up with views on our society and its politics

The govt may now come back with a modified version of the NJAC bill whereby the practice of judges appointing themselves is stopped

All regulatory institutions should be made constitutional authorities, suggests T C A Srinivasa Raghavan

The utterances of former advisors who have turned political don't fully pass the smell test. It would help if they are a bit more respectful of their profession, which demands neutrality

The world needs international financial cooperation. Banga can draw lessons from how John Maynard Keynes and Harry Dexter White to provide intellectual leadership to the World Bank

Even though Narendra Modi isn't going anywhere in the foreseeable future, it's likely that in private meetings, the question about succession is being asked in hushed voices

Such incidents reinforce the impression that the government is hiding something

One way out is to give constitutional status to regulatory agencies with systemic importance, like in the case of CAG, and CEC

India should consider a reverse Build Operate Transfer (BOT) model wherein the government finances a project on the EPC basis, and then when it's ready, it auctions it off to the private sector

Sukumar Mukhopadhyay 's engagingly written memoir, which is full of stories and lessons to be drawn, should be made a compulsory read for all revenue officers

The projects need cash, and Adani could well face serious shortfalls. Whether the govt bails them out by giving money or takes them over is a billion-dollar question

Clearly, the govt is worried about inflows in 2022 because of the global economic uncertainty and has decided to encourage inflows via any means possible, PNs included