As calls to privatise India’s ‘national carrier’ reach a crescendo, spare a moment to pay some attention to the not-so-obvious economic implications of such a move
Keynes’ big idea was inspired by Indian attitudes towards money. Yet, as India Inc behaves stingy and the economy turns weak, it is dangerous to apply his policies blindly
Vodafone has scored a legal victory over India’s tax authorities, but what’s worth asking is this: why do ‘capital gains’ bear a lighter tax burden than your salary?
TCA Raghavan is a former Indian High Commissioner to Pakistan and Singapore. His first book, Attendant Lords: Abdur Rahim and Bairam Khan: Courtiers and Poets in Mughal India, was awarded the Mohammad Habib Prize by the Indian History Congress. He is also the author of The People Next Door: The Curious History of India’s Relations with Pakistan and History Men: Jadunath Sarkar, G S Sardesai, Raghubir Sinh and Their Quest for India’s Past. His latest book is Circles of Freedom: Love, Friendship and Loyalty in the Indian National Struggle