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Business
Economic Reforms: There’s Hope Yet
With Indian reforms so badly stuck, whining about the rest of the world is an abdication of responsibility.
Yellow Metal Turns Pale
Gold prices had been rising on the expectation that the US Federal Reserve will print more money (and thus devalue the dollar)
Irrational Exuberance Again
Turkmenistan already has large supply commitments to China and Europe, and it may not be able to deliver the promised quantity of gas.
Air-India’s Broken Wings
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
The Complicated Case of Choked Gas
It’s Reliance versus the Centre over KG Basin gas all over again, but maybe it ultimately comes down to this: whose gas is it anyway?
When Shareholders Revolt
Top managers of banks are finding their pay packets questioned by those for whom they are supposed to be working
Making Mutual Music
For the first time ever, India has okayed foreign direct investment from Pakistan
Keep Your Eyes on the Road…
A government panel is keen on yanking people off their mobikes and out of their cars, and stuffing them instead into buses and metro tubes
Confusion at the Pump
Oil companies have asked the Government to re-regulate petrol prices so that it picks up half the tab for its populism
Not Just a Talk Shop
By 2015, these five emerging economies would account for a substantial share of the world’s output.
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