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
Beyond disputes with the US over technology, China is on the back foot in Hong Kong.
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The delighted promoters of Essar Steel saw the judgement as an opportunity to retain their company from the winning bid of ArcelorMittal. Banks and other secured creditors saw it as opening a Pandora’s box
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If the math and sensible economic policies by the Modi government converge, India with a GDP of $5 trillion will in 2024-25 be the world’s fourth-largest economy, pulling ahead of Germany.
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If the current fiscal deficit of 3.4 per cent of GDP is to be maintained despite lower tax collections (including GST) and higher subsidy outlays, a serious effort at privatisation is necessary. The fiscal deficit in 2019-20 is likely to be around Rs 7.5 lakh crore
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In the “One Nation, Many Polls” formulation laid out here, that criticism would be void.
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There is a lesson in all of this for India. To create new jobs, India must reflate an economy starved of demand and supply. That is Ms. Sitharaman’s immediate challenge.
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Despite the Indian government’s efforts to ease the process of registering a company, startups still face a mountain of bureaucratic hurdles
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The quality of jobs, rather than merely the quantity of jobs, should now be the principal concern for the government
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The integration of Air India and Indian Airlines, far from saving overall costs through synergies, has made the merged AI a white elephant with unserviceable debt
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India needs more robust growth to accelerate the reduction in people living below the poverty line
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