Author
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
Foreign investors aren’t flocking to india because they love India. They regard India as the last big underdeveloped market opportunity to extract the high returns that are no longer possible in Europe, America and Japan
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What about Alibaba? The Chinese giant is already a stakeholder in Snapdeal so a Flipkart-Snapdeal merger will in effect mean an Alibaba-Amazon duopoly in India
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Between 1992 and 2013, the US spent an annual average of 2.5 per cent of GDP on infrastructure while China spent an average of 8.6 per cent of GDP every year
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Raise the exemption limit to Rs 5 lakh and free up that army of 42,000 tax officials to chase assessees in higher slabs which account for 86 per cent of annual tax collections
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A bigger priority should be to implement a range of tax and labour reforms. As figures released by the income-tax department have shown, far too many resources are expended on taxing assessees with taxable income below Rs 5 lakh
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India’s borders with Pakistan and China are especially sensitive. The slightest variation in a published map draws the wrath of the state
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In the next one year, during which he will cross the midpoint of his prime ministership, Modi must hunker down to execute schemes already in place: Make in India, Digital India, Smart Cities and many others
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India needs not only consistent annual GDP growth rate of 7.5-8 per cent but rapid job creation. Jobless growth can be both a social and political disaster given India’s youthful demographics
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Electric cars will certainly replace petrol and diesel cars over the next 20 years. But to predict a driverless future is hazardous
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Much more needs to be done before we can say the tide has turned and the broken economy the NDA government inherited from the UPA regime has been fixed
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