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Economy and Business

One of the biggest successes of the Modi government in the last two years has been ending the ‘inspector’ raj governing the day-to-day lives of Indian citizens. A lot of such inspections do not make sense. 


Monsanto’s unprecedented decision to withdraw the application for its Bollgard II Roundup Ready Flex technology is a big, and public, challenge to the government’s policy on licensing seeds technology.


Globally the international investment agreement (IIA) regime is undergoing a change and the developments in India are no exception. India has decided to terminate about 57 bilateral investment treaties (BITs) whose initial duration has expired, or is soon to expire, and issue joint statements for the ones in force.


Agriculture and industry must be unshackled so that they can create the millions of new jobs that this country needs. However, a hostile tax regime and Tughaqian firmans by quasi-legal bodies are putting a spanner in the works.


The Goods and Services Tax regime can be a game-changer that will propel India into the big league of developed nations.


Desi options, rooted in the economic realities of the day, are needed. HDFC and ICICI offer some interesting lessons.


To stay the course of fiscal discipline, Modi will have to stop routing subsidy via low prices and start making direct transfers to beneficiaries that need them the most. 


For India, the closer the rate gets to 17%, the greater is the possibility of losing competitiveness in global markets


The twenty-fifth anniversary this year of the launch of India’s economic reforms process has led to a celebration of sorts. Former Union Minister Jairam Ramesh has written an entertaining insider-account of it. Many in the Congress party who wouldn’t want to give P.V. Narasimha Rao credit for engineering the reforms have pushed the date back by a few years before his time as Prime Minister, seeking to ensure that Rajiv Gandhi would get all the applause.

During the recently concluded Ministerial level meet on Regional Comprehensive Economic Partnership (RCEP) at Laos, India officially communicated its position to consider a uniform yardstick for elimination in number of tariff lines. This is a significant shift from its earlier position of a three-tiered approach to tariff reduction. In return, India is pushing for liberalisation of trade in 120 services — an area in which it apparently enjoys comparative advantage over other members of RCEP.  

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Nepal’s deposed king Gyanendra Shah has regretted that the country has lost its Hindu identity and said despair and unhappiness among the people might lead them to revolt once again. 


The first India-Palestine Joint Committee Meeting (JCM) signifies New Delhi’s commitment towards economic development and well being of Palestine writes Muddassir Quamar for South Asia Monitor

Intensifying searches is good. But with all this only about 15% of the tax-defaulters have been caught. Therefore the government must address the major sources of black money, writes Sudip Bhattacharyya for South Asia Monitor. 


BRICS meet in Goa

sites/default/files/Vignettes ThumbImage/1_8.jpg India-China differences and their discord over Pakistan are among differences in the BRICS that could “capsize” the grouping if the member nations fail to address competition and disagreements among them, Chinese media said today.

Well that should be it. Game, set and match. The three presidential debates — now mercifully over — have not been kind to Donald Trump, not least the constant use of the split screen which means his peevish, glowering and frequently interrupting persona is permanently on display to viewers.

In the afternoon of October 13, King Bhumibol Adulyadej of Thailand, Rama IX of the Chakri dynasty, passed away at the age of 88, in the 70th year of his reign. I ran to a café in Sukhumvit to watch the announcement, as streets in Bangkok grew quiet, people huddled around television screens, many sobbing in disbelief....


Address by M.J. Akbar, Minister of State for External Affairs on Regional Integration and Prosperity at Brussels Conference on Afghanistan (October 5, 2016). Read more inside...

The cold, hard reality of the war in Syria is that the violence, bloodshed, and chaos continues unabated while the Left, such as it is, continues on in a state of schizophrenic madness. Different points of view, conflicting ideological tendencies, and a misunderstanding of the reality of the conflict are all relevant issues to be in...

On a sunny morning a young shepherd takes his cattle across the lovely winding Namka Chu into the dense pine forests on the ridge above. The cold wind blows in from the north and the boy looks up at the steep mountain ahead of him covered by rhododendrons.


The Tehrik-e-Taliban Pakistan, Lashkar-e-Taiba, Jaish-e-Mohammad and others of their ilk not only destabilise Pakistan and make it one of the world's most dangerous places but also threaten neighbouring Afghanistan and India -- and even far...


The book, written in the manner of a series of case studies, also points to the lack of a clearly enunciated national security strategy, a defence situational review, a defence strategy and a joint strategy for the armed forces -- all of this h...


The book ‘Pakistan at crossroads: Domestic Dynamics and External Pressures’  is one of the few books in recent years which fixes spotlight on various aspects of Pakistan; the internal flummoxing situation and external forces wh...


In a region which is unexplored as an asset class, performance will be the kingmaker. This book includes the author’s CDCF Portfolio basket for the SAARC asset class, which selects the best fundamental-p...


Sri Lanka has to be the most beautiful country I have ever seen, says John Gimlette, an accomplished travel writer who journeys to the island nation at the end of a long and brutal civil war. Anyone who has se...

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