U.S. Flow of funds and other stuff
On Thursday, the U.S. Federal Reserve released its quarterly flow of funds data. Quite a few trumpeted the USD2 trillion recovery in household networth forgetting that it is still about 11 trillion...
View ArticlePre-Independence Day readings
But the issue that trumps everything else, as a matter of growing worry, is the scale jump in corruption, and the systemic threat posed by the rise of oligarchies (in whom political and financial power...
View ArticleNo backbone; no need for muscles
Well, results for the five States that went to polls in India in April – Tamil Nadu, Kerala, West Bengal, Pondicherry and Assam – were announced yesterday. Now, the hope is that we can get on with...
View ArticleNever believed in free-market
This article talks of India losing ground to China in exports to Bangladesh. I have no doubt that two-way trade with Bangladesh should improve. But, what I am not sure is if the volume should improve...
View ArticleSelf-destructive
Shocking. Shocking. Shocking. These are the three words to describe the Op.-Ed. written by one Shekhar Swamy who is apparently the Group CEO of R. K. Swamy Hansa. I presume it is an advertising agency....
View ArticleShekhar Gupta spots recession
When a mainstream journalist writes apocalyptic stuff – stuff that many of us have been warning about for years – then you know that things must be really dire. In fact, we have been warning about this...
View ArticleBoom time in India
It is not a drizzle. It is not a downpour. It is a torrent. It is a tsunami. India’s politicians and bureaucrats are at it. Even those with an explicit agenda to undermine and destroy the nation won’t...
View ArticleHas CAG DIAL-led wrongly?
The Comptroller and Auditor General of India (CAG) is appointed for a six-year term and can only be removed by impeachment. His reports are sent only to Parliament. The current head, although, wants...
View ArticleIndia reading links
Should not have taken this long for Shekhar Gupta to write this. Better late than never, though. Swapan Dasgupta says the battle is not between Modi-led BJP and the Congress but between an outsider and...
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