Economics

“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 […]

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 […]

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 […]