India bailed out many sectors hit hard by the 2008 crisis. If the government does not bail out Kingfisher, it should have a clear-cut policy of not bailing out any company that is in trouble.
We will never really escape the ghosts of the 2008 recession until we start honestly answering the most basic questions.
Neither India nor China can take their growth and political transformations for granted. China may fail to build good institutions, and India may yet fall victim to the lure of mindless populism.
The ECB can save the euro by managing eurozone debt, not by buying its bonds but by making sure each government acts responsibly, just the way RBI is doing with the 28 states.
The way government runs businesses into the ground, one wonders why they even bother trying to run them. But privatisation through strategic sales to one buyer may not be a good option. Best to sell public sector shares in bits through transparent stock exchange sales
Companies with high debt levels are going to be in trouble as banks turn wary. This is also true of government and govt-owned companies.
Sustained and persistent inflation is not an act of god. It is made by mistakes in macroeconomic policy. It can and should be contained by solving these problems of macroeconomic policy.
As we mark the 13th anniversary of Operation Shakti, in which India conducted five nuclear test explosions, and the 37th anniversary of Smiling Buddha, when Indira's India first went nuclear with a test explosion at Pokharan, we find ourselves in the gutter with a bloody nose and several stinking questions.
Sometime in August this year, some of the largest mining and steel companies around the world will make final bids for the exploration rights to the 1.8 billion tonne Hajigak iron ore mines in the war-torn Bamiyan province in Afghanistan. India's steel first have to collaborate to beat the globo-majors in the mining business<br /><br /> <br /><br />
The consumer today is addicted to customisation. Everything needs to be personal and unique to the consumer. And brands all around the world are noticing this trend.
Well -functioning countries today are grounded in the yin and yang of political and economic freedom. Liberals suggested that it is important to measure economic freedom across countries and across time.More economic freedom is associated with greater wealth, lower poverty and higher growth.
Indian Agro companies are getting serious about technological innovation, the Department of Biotechnology is playing venture capitalist
If the RBI's anti-inflationary stand had been credible, it would work better than trying to be all things to all people
Faced with a resource crunch, the finance ministry is moving to raise post office deposit rates and PPF rates. But will senior citizens lose out?
Government-owned banks like SBI should not think it is their right to equity when they need it. They need to do more to plough back retained earnings.
Freakonomics argues that Apple's decision to name the latest iPhone as 4s is bad marketing. It would have done better as iPhone 5. Would it, really?
Most asset management companies are not at all profitable. If they can't make money even for themselves, how are they supposed to do that for you?
Instead of decrying Moody's downgrade of State Bank of India and India, the government should look for a different villain - and look in the mirror
The US Fed has tried every trick in the book and outside it to dig the US economy out of the ditch. Nothing is working. It's latest Twist is unlikely to fare any better.
Thanks to global risk-aversion and the US Fed's 21 September decisions, the dollar continues to remain strong. The rupee will remain weak till the risk-aversion remains
Ajay Shah recommends interesting reads from the media and elsewhere.
The structure of the deal makes it look as though Pipavav was more keen to have Jhunjhunwala on board to endorse its stock, which has been having a poor run for some time now.
The RBI's rate hikes will not work ultimately. What India needs is a supply side miracle and tax cuts that will stimulate the economy and increase investment.
The RBI will be damned if it does, damned if it doesn't. But it can't avoid a rate hike unless the finance ministry starts doing its bit to contain inflation.
The RBI's next policy review is on 16 September. Chances are it will go slow on rate hikes, if not call for a pause. No matter what it does, investors should bet on the long term.
The smart rally last week in 30-year US Treasury indicates that risk-aversion is again rising. This means the recent bear market rally may be teetering on the brink.
A guide to some of the interesting articles of the last few weeks
As Narayana Murthy bid adieu to Infosys, what is surprising is the kind of risks he took in the early stages of the company's growth. His successors need to rediscover that original risk-taking ability.
Some of the traditional asset-class relationships have broken down. Usually, when the equity markets fall, the dollar rallies. But this has not happened this time. The world has started looking beyond the US dollar
The weak flows of foreign portfolio flows this year and the relatively sedate valuations of Indian stocks may make 2011 less like 2008 for investors.