Ajit Pawar is only emblematic of a class of unaccountable political czars who, with their business friends, control capital accumulation with an arrogance and ruthlessness that has convinced them that they are above the law.
As faith in fiat currency diminishes, the Internet is sure to offer greater access to a growing number of currencies in one form or another that are beyond national control.
The US is set to overtake Saudi Arabia as the world's largest oil producer by 2020. And energy-hungry India is turning to America to secure its needs. It has all the makings of a win-win relationship.
While it is true that a cyclical recovery is on the horizon, it is folly to read too much into it - and avoid the painful but necessary structural reforms that have been put off for too long.
In her death even Margaret Thatcher became a part of the market triumphalism that she helped unleash. <br /><br />
Our national discourse on economics, which has always been weighted in favour of the far left, needs a corrective balancing force. Modi's address at the ThinkIndia forum on Monday was the first step in that journey.
The economic philosophy that Rahul Gandhi outlined represents an unwillingness or incapacity to learn from the fact that these are ideas that have consistently failed in the past.
When he addresses the CII today, Rahul Gandhi should find his voice, outline his economic vision for India - and convince us that he is every bit worthy of the Big Stage that he has been offered.
Only when stomachs are full can the mind turn to thoughts of shaping a "strategic culture".
The PM's solar mission and Rajasthan's benign land policy allowed Robert Vadra to make a killing on hundreds of acres of land near power sub-stations
Why has Jet Airways launched a fare war after working diligently to push up yields by cutting capacity and even sacrificing market share over the last one year?
Down the years, despite one corruption scandal after another, we've learnt nothing about making the arms procurement process transparent and corruption-free.
The shocking revelation about the 2G scam prosecutor working to sabotage the case is the perverse result of a mechanism built into the system to allow interference into the prosecutorial process - either by politicians or others.
The food security provision has enormous redemptive power for a government that is tottering on the brink of collapse and has a pretty dismal record of governance and corruption to defend as it gears up for early elections.
Nitish Kumar's approach is based not on promotion of the legitimate demand for States' rights and fiscal autonomy, but is premised on perpetuating the 'benevolent' Centre model of top-down financial flow as the reward for offering political patronage.
Part of the rebound from the March 2009 lows is based on market fundamentals, but a big chunk is courtesy of the Federal Reserve and its chief Ben Bernanke.
Chidambaram had a chance to burnish his credentials as a reformist-minded Finance Minister. He has instead opted uncharacteristically to tiptoe around the edges, and rely on questionable arithmetic to claim that he is advancing fiscal consolidation.
Foreign investors are disappointed by the lack of dynamism in Budget 2013, and are worried that the assumptions underlying key macroeconomic projections may not be realised.
Displaying sharp political acumen, the finance minister wooed Bihar Chief Minister Nitish Kumar eloquently.<br /><br /> <br /><br />
The finance minister P Chidambaram, has managed to use the bikini formula on the fiscal deficit number of the budget. Fiscal deficit is the difference between what a government earns and what it spends.
There is a time for dour defence, and there is a time to go over the top. A place in history awaits Chidambaram.
The pre-budget Economic Survey is refreshingly straightforward in asking the government to fix the problems within to revive growth
Bansal has been given a free pass on his gravy train, with commentators buying too readily into his 'reforms' rhetoric even though he hasn't quite walked the talk.
Rail Budget 2013 is clearly not populist, but it is not good enough to put the railways back on the track to sustainable growth
Domestic reforms will not only determine the pace of foreign glows but are also crucial for markets to move higher next year.
The ongoing Vibrant Gujarat summit is not like previous one - excess hype about investments. It tells a different, and more enduring story.
The steps the government has taken now and those in the offing should make the Reserve Bank of India happy, which will result in a rate cut this month or at least in March.
At a superficial level, this is the perfect class to lead the country into the future. Scratch deeper, the ugly reality hits you in the face.<br /><br /> <br /><br /> <br /><br /> <br /><br />
Manmohanomics, once shorthand for rejuvenation and reform, is now a pale shadow of its former self. It has been corrupted by the PM's politics
The lesson that the UPA government ought to take away from this is that it may run, but it cannot hide, from the malefic effects of bad economics.