There are simply too many studies that jump to conclusions based on correlations. There are many things you can't infer from a regression analysis
India can provide a good government with 12 percent tax-GDP ratio. For this, we can abolish all taxes barring income tax and GST.
Is having a big current account deficit bad? Not quite. If the the currency markets are free, a CAD finances itself. But governments may not like the outcomes.
Raghuram Rajan should have clarified objectives, instruments and operating procedures in monetary policy. What he has done is confuse all issues.
It is convenient for bureaucrats to ban anything they find difficult to understand or control. But in doing this they are working against the citizen's interests.
Everyone in India should ask why the policy wonks are so interested in health, education and welfare programmes, and so disengaged with basic public good.
India's politicians focus on doling out freebies, which benefits a few, because this is where their votes lie. They should focus on public goods, including safety and law and order, which benefits all
Should a stock market be safeguarded from fat-finger trade errors at high cost or be made resilient to such shocks?
The markets have begun to sort out companies with an ethical deficit. Hence, despite the current scams, Indian capitalism has a future
The Maruti unrest is testimony to the inability of the Haryana government to maintain law and order - a prerequisite for business growth
How should tariffs be set for natural monopolies like airports? The recent tariff hike for Delhi airport will be closely watched
Gujarat's Rules for the Right to Education Act focus on outcomes rather than just inputs. Parents and children are also at the centre of the innovation.
India's landed gentry have lost out due to a lack of engagement with the market.
Bad policy may be lowering the Indian economy's trend rate of growth, but the business cycle will give us more volatility in GDP growth.