Budget 2013: Coming up short on courage - 2 months ago
Ang Lee's Life of Pi upset Steven Spielberg's Lincoln to rake it in at the Oscars this year. Not surprising, as everyone loves the underdog; more so when the underdog's tale has a generous mix of hope and courage. It's precisely what finance minister P Chidambaram too loves, as he spoke of how "hope gives courage" during the course of his regressive budget speech.
Not reforms, its the global liquidity lift, stupid! - 4 months ago
Half of the $24.5 billion that foreign investors poured into India in 2012 had little to do with reforms $12 billion had already come in by August, when reforms were still on the backburner.
Street's done falling, ways up now - 7 months ago
Indias 'silent' Prime Minister has finally shown that he has a voice, unleashing a slew of reforms in multi-brand retail, aviation and broadcasting, among other things.
Subbarao hemmed in, markets have tailwind - 11 months ago
Dont cut interest rates because, though core inflation for the last two successive months has come in at sub 5% levels, the average consumer price inflation in the last three years has been 10.2%
I am betting on a Black Swan event in India. Are you? - 1 year ago
You wake up one morning to breaking news which, incredulously, goes thus: Varun Gandhi is the new Prime Minister, fully backed by Sonia, Rahul and Priyanka!
Budget 2012: Deficit is pure hogwash - 1 year ago
Understandably, no one expected Pranab Mukherjee to have his way and do a Thatcher on his coalition partners, what with elections due in Gujarat, Himachal Pradesh and Karnataka in under a year.
Extraordinary times, ordinary measures - 2 years ago
The budget is no leap of faith, nor is it a vision statement. All signs that the finance minister did a hasty job of it.