Minhaz Merchant is the biographer of Rajiv Gandhi and Aditya Birla and author of The New Clash of Civilizations (Rupa, 2014). He is founder of Sterling Newspapers Pvt. Ltd. which was acquired by the Indian Express group
A weak rupee is an easy way of boosting export earnings. But as a 67-rupee-to-adollar rate in 2015 showed, exports can plunge even (SO)
For foreign investors though, India remains the holy grail: The last big business opportunity in an underdeveloped but booming consumer market
The 2018-19 Budget will, like Jaitley’s previous four budgets, err on the side of caution. Spending to spur jobs ...
India must be mindful that while the India-US strategic partnership auguers well, a nation’s strength rests on a growing economy, robust foreign policy and good governance
The Union Budget ... On February 1 ... will be the last in which Finance Minister Arun Jaitley can inject significant reforms
Till prices fall and production rises, India will lag behind China, the US and Europe in switching to electric cars
Criminal elements and power brokers “invest” in a candidate, financing his campaign. In return they expect favours ...
In India, the only sensible way to look at bullet trains is to treat them in parallel with urgent reforms needed in the railways sector
Does India need such a high level of foreign exchange reserves which, parked in us treasury bonds, earn one per cent annual interest? Two, can the reserves be put to more productive use?
No two economists though agree on the key question: Now what? clearly some nuanced thinking is required