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To The Contrary
All Stories for To The Contrary
Raghuram Rajan effect: Why media got it all wrong
Jagannathan •The revival in market sentiment - both stocks and the rupee - is a sign of reversal to the mean. Don't call it the Raghuram Rajan effect.
PM gave RBI Guv a pat on back, not rap on knuckles
Latha Venkatesh •The PM is said to have frowned on the RBI's recent approach to monetary policy, but his actual words do not lend themselves to this interpretation
High rates, low growth: Why 'reformer' Chidu is having to eat crow again
Jagannathan •No one now regards Manmohan Singh as anything more than a fair weather reformer; will the same happen to P Chidambaram?
Memo to Sonia: NREGA wasn't game-changer, growth was
Vivek •A study by the Commission on Agricultural Costs and Prices shows that growth created more jobs than make-work schemes like MGNREGA
The FM should woo domestic savers, not FIIs and markets
Fp Archives •Our FM is wooing the wrong investors - the stock markets and foreign investors. Instead of wasting his time in Frankfurt and Tokyo, he should focus on Indian housewives and help them balance their budgets by reducing inflation and the fiscal deficit.
Dear Nitish, there is no such thing called a Bihar model
Jagannathan •Nitish Kumar may see Narendra Modi as a political rival, but for the benefit of Bihar he should embrace the Gujarat model. There is no Bihar model worth emulating so far.
Why Mr C's finmin should not rob Grandma to boost growth
Jagannathan •Why should the finance ministry force banks to cut rates for senior citizens when the latter may be willing to offer more for their own reasons?
Memo to RBI: Only shock therapy will work from now on
Jagannathan •Baby steps cannot help the economy conquer either inflation or push growth. The governor now needs to either cut rates by a big margin or raise them
UPA-nomics may be killing jobs, and job quality too
Jagannathan •The Indian economy is not creating jobs fast enough, and the ones being created are of the casual type. Are welfare schemes proving counter-productive?
RIL is wrong: it is PSUs who need a level playing field
Jagannathan •The public sector needs a level playing field against private competitors