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PM-Pranab-Sonia hiatus was key cause of policy paralysis

PM-Pranab-Sonia hiatus was key cause of policy paralysis

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It is now abundantly clear that Manmohan Singh wanted to rule the finance ministry but always stood thwarted by Sonia. This is the cause of UPA's policy paralysis.

Spot-fixing links to Meiyappan will hit IPL where it hurts most

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PepsiCo is threatening to pull out of the title sponsorship of the IPL. The IPL gravy train will derail if it doesn't clean up its act.

Dear SRK: A survival guide for Bengal's new brand ambassador

Dear SRK: A survival guide for Bengal's new brand ambassador

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Bengalis are scratching their heads about why Shah Rukh Khan has become their state's brand ambassador. But spare a thought for poor SRK. What did he do to deserve being saddled with Paschimbanga?

Dear Narendra Modi, beware, numbers don't lie

Dear Narendra Modi, beware, numbers don't lie

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What Modi must not allow is further damage to his image from untruth, particularly those slipping into his speeches frequently.

Raghuram Rajan hits first-ball sixer; set to bowl markets over

Raghuram Rajan hits first-ball sixer; set to bowl markets over

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Raghuram Rajan has begun with a bold agenda for change in the RBI that is likely to wow the markets on Thursday.

Jet-Etihad deal: How UPA govt has perverted its FDI policy

Jet-Etihad deal: How UPA govt has perverted its FDI policy

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The UPA government's larger failing is that in virtually every case, it has taken a well-intentioned policy measure and perverted it with whimsical and reckless exercise of discretionary powers.

Food Bill: Amartya Sen's charlatan economics debunked

Food Bill: Amartya Sen's charlatan economics debunked

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One more academic debunks Amartya Sen's support for a midless Food Security law.

End of easy money? Fed may begin 'taper' in September

End of easy money? Fed may begin 'taper' in September

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Analysts expect the US Federal Reserve Board to begin slowing down bond purchases - signalling the beginning of the end of 'easy money' - on the back of stronger-than-expected US jobs data for June.

Coalgate scam: Careful, Mr PM, the fig leaves are falling off...

Coalgate scam: Careful, Mr PM, the fig leaves are falling off...

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If there was no wrongdoing in the allocation of coal blocks, why did the Law Minister and officials from the Prime Minister's Office go to such elaborate lengths to doctor the CBI's draft report - and get top law officers to lie in court?

Why we're headed for the Nehruvian growth rate of 4-5 percent

Why we're headed for the Nehruvian growth rate of 4-5 percent

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All the signs are that India has entered a new phase of low growth - what we should call the Nehruvian natural state of 3-5 percent annual growth.

More Indian companies to list in the US as markets recover

More Indian companies to list in the US as markets recover

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Recovering stock markets, and US investor interest in India's growth story, could boost overseas IPOs by Indian companies this year on the New York Stock Exchange and the tech-heavy Nasdaq.

After four years of UPA 2, the India story looks bleak

After four years of UPA 2, the India story looks bleak

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As UPA 2 completes four years in office, it appears that for the Indian polity and the economy, things will likely get a lot worse before they can get better.

Why tax havens exist; and how India has its own tax havens

Why tax havens exist; and how India has its own tax havens

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Crooks may want to keep all their money in tax havens, but not all money in tax havens belongs to crooks. Countries create tax havens for their own reasons

The Ambani mega-deal and the Mahabharata complex

The Ambani mega-deal and the Mahabharata complex

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The template for the Ambani sibling rivary derives from the Mahabharata, the epic tale of family intrigue, where brother turns against brother and family fortunes turn on a roll of the dice. Yesterday's megadeal, which brought them together again, could alter their family fortunes.

The arrogance of Pawar, the baron-politician...

The arrogance of Pawar, the baron-politician...

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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.

Bitcoin bubble may have burst, but virtual money will rule

Bitcoin bubble may have burst, but virtual money will rule

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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.

How Indo-US 'energy trade' can strengthen strategic ties

How Indo-US 'energy trade' can strengthen strategic ties

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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.

It's too soon to celebrate a 'turnaround' in the economy

It's too soon to celebrate a 'turnaround' in the economy

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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.

What have we done, Maggie what have we done?

What have we done, Maggie what have we done?

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In her death even Margaret Thatcher became a part of the market triumphalism that she helped unleash. <br /><br />

Thatcher to Modi: Steering the economic discourse to the right

Thatcher to Modi: Steering the economic discourse to the right

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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.

Rahul Gandhi and the seductive appeal of 'feel-good economics'

Rahul Gandhi and the seductive appeal of 'feel-good economics'

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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.

CII speech: What India wants to hear from Rahul Gandhi today

CII speech: What India wants to hear from Rahul Gandhi today

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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.

Not guns, but butter: What India needs to stand tall

Not guns, but butter: What India needs to stand tall

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Only when stomachs are full can the mind turn to thoughts of shaping a "strategic culture".

How Robert Vadra made a killing in the Rajasthan sun

How Robert Vadra made a killing in the Rajasthan sun

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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

All about survival: Fare war implies Kingfisher will never fly again

All about survival: Fare war implies Kingfisher will never fly again

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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?

From Bofors to Agusta: How can defence deals be kept clean?

From Bofors to Agusta: How can defence deals be kept clean?

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Down the years, despite one corruption scandal after another, we've learnt nothing about making the arms procurement process transparent and corruption-free.

2G tape expose: A brazen case of the fence eating the crop

2G tape expose: A brazen case of the fence eating the crop

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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.

With Food Security Bill, UPA signals it is election-ready

With Food Security Bill, UPA signals it is election-ready

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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 'special status' roar reflects poverty of ideas

Nitish Kumar's 'special status' roar reflects poverty of ideas

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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.