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The onion story. It was all planned. Didn't I say that earlier? 25 Aug 2013 | 11:11 am
A few days back, I had written about the urgent need to tame the wholesale/retail trade in onions. This was of course not liked by those who swear in the name of market reforms. They believe that mark...
Your money, My Growth. 24 Aug 2013 | 10:25 am
For Cos, it's Mera Gaon, Mera Growth (My village, My growth) This headline from Economic Times yesterday (Aug 23, 2013) caught my attention. It made me once again don my thinking hat. The news repor.....
Let's chop the onion cartel 23 Aug 2013 | 10:06 am
Every time onion prices hit the roof, or for that matter, whenever food inflation inches upwards, it is amusing to see economists invariably pointing to supply-demand constraints and the urgent need, ...
Onion prices: What brings tears to your eyes. 22 Aug 2013 | 12:24 pm
Onions being sold in a typical Indian market Quoting a study by the National Bank for Agriculture and Rural Development (NABARD), the Hindustan Times has reported that the stupendous price hike in on...
India's economic crisis: Bottom of the pyramid has the answers 19 Aug 2013 | 07:54 pm
At a time when the Indian economy is in doldrums, Prime Minister Manmohan Singh has time and again reassured investors that there will be no going back on economic reforms. As usual, he has blamed the...
All that glitters is not gold. 17 Aug 2013 | 02:59 pm
On Aug 15, gold rose by 0.5 per cent, to trade at $ 1,372.97 an ounce in the Singapore. This was considered to be the steepest hike in the futures market since June 19, 2013. In India, the same day, g...
Will India's Corporate Social Responsibility (CSR) norms lead to a Company Raj? 13 Aug 2013 | 12:48 pm
I haven't read the finer print of the Companies Bill. But what I have so far gathered from news analysis in various newspapers, the Companies Bill calls for companies having a net worth of Rs 500-cror...
Believe it or not, Mukesh Ambani and an average guard (including those posted outside his Mumbai home) fall in the top 5 per cent of the country ! 7 Aug 2013 | 04:47 pm
My maid servant asked me the other day: “Sahib ji, TV news tells me those earning more than Rs 1000 a month are not poor. How can this be true? Although I am earning Rs 5000 every month working at you...
Is "inclusive growth" a meaningless phrase? World Bank thinks so. Is "food buffer" a useless policy? Well, who else but the World Bank can think so 5 Aug 2013 | 11:21 am
A man is known by the company he keeps. Similarly, an institution is known by the people it employs. I have never understood why does the World Bank continue to employ stupid economists. If you appoin...
Why Bhagwati & Co Are Wrong On Reforms. 4 Aug 2013 | 09:09 am
Some years back, just before the WTO Ministerial Conference was held at Hong Kong in 2005, economist Jagdish Bhagwati commented in the Far Eastern Economic Review (and quoted by the Economist, 23 Marc...
