Many pundits believe that Mr. Biden’s double figure lead in the polls is sufficient to crown him as the 46th President of the United States of America. Yet, the world […]

There is no such thing as a “China Expert.” Such is the secretive nature of China’s communist party that information barely trickles out of the ‘bamboo curtain’ and is seldom […]

It is argued that the Chinese economic juggernaut, was already on a roll before China’s membership of the W.T.O. It’s GDP, trade gaps and foreign investment numbers right from the […]

Since the outbreak of the pandemic, China has puzzled many by assuming the role of a global bully. Contrary to the Sino-British declaration of 1984, it subverted the democratic process […]

India and its people are now poised at the cross roads. What happens in the next few weeks will determine whether the country stands to prosper for much of the […]

Part II: Nationalism and its impact During the time of the great wars young men who turned away from the front lines were shot as traitors. This horrific fact, justified […]

When Ronald Reagan was sworn in, many in India wondered what a failed actor would know about running a country. Apart from ignoring the fact, that he was already Governor […]

“Liberalisation” is a favourite word being bandied about the National Press. What it means is the dismantling of controls, by making economic legislation less stringent. The objective of liberalisation is […]

During most deliberations on the budget, the one economic indicator that attracts the disproportionate attention of most commentators is the question of budgetary deficits. The Economic Survey 2000-01 also waxes […]

The world is in trouble. And not just because young Greta Thunberg says so. On reflection, of the two maladies which affect us all, the more obvious issue is the […]

It may only be my imagination but each time I saw the “debt clock” in New York City it appeared to be notching up numbers faster than before. Now it […]

So far, management and economic pundits continue to be fascinated by the economic battle between USA and Japan. The European Economic Community (EEC) is often viewed as a residual bunch […]

It’s nice to return to my native Bombay, at the tun of the decade. The crowds have grown larger and the dirt and squalor continue to blot the Landscape. And […]

In the past we have had occasion to ruminate about the bureaucratic temperament in these columns. Red tape and nepotism are universally prevalent, although in varying degrees. Yet, the cud-chewing […]

Not too long ago, Indian industry was dominated by a handful of powerful business families. Although most family managed groups hired professional managers, the family’s “style” of doing business would […]

The Stock Exchanges in India have grown in size over the years.  Whereas in 1946, there were just 1,125 listed companies, their number has grown to over 5,000.  The market […]

The Government’s recent blanket ban on expenditure on new projects is symptomatic of a forthcoming financial crunch. When the a record deficit, alarm bells were already ringing in the last […]

Since independence, this nation has invested a phenomenal Rs.50,000 crores in the public sector. It is a chastening thought that if the yield from this sector were only 10% there […]

I was recently horrified to learn that one of the charitable institutions to which I regularly contribute gives donations for higher (??) studies abroad. Nothing saddens me more than to […]