Economy

After the relentless hype about Bitcoin and other cryptocurrencies such as Ethereum, Solana, Dogecoin, and LUNA, we have witnessed their complete meltdown over the last couple of years. The hype was primarily driven by the … Read moreWhy Cryptocurrency Must Die

WITH the US imposing technology sanctions on China, the world’s electronics industry is facing turbulent times. After the sanctions, Huawei has slipped from its number one slot as a mobile phone supplier (2nd quarter 2020) … Read moreChip Wars or the Crisis of Late Capitalism?

THE nation has been debating our collective achievements, weaknesses and failures over the past 74 years since Independence in relation to the vision of the republic’s founders and of the independence movement. This article discusses … Read moreSelf-Reliance: 75th Year of Independence

IN four years, Reliance Jio used its oil and gas revenues to finance its entry into telecom and become the leading Indian player. It bled the others with its initial low cost, predatory pricing till … Read moreFrom Atmanirbhar Bharat to Reliance India

A French princess sometime in the 17th or 18th century was told that the peasants were restless and complaining they had no bread. The princess was said to have uttered the legendary phrase, “well then, … Read moreEthanol from Rice: Let them Eat Cake!

THE US, after walking out of the Iran accord, is now shouting foul as Iran breaches the 300 Kg enriched-uranium stockpile limit of the accord. So does the US expect Iran to live up to … Read moreTrump’s Version of the Iran Accord: Heads I Win, Tails you Lose

FACEBOOK’S proposed currency Libra – or as a wag put it, Facebucks – has created a storm. Libertarians see Libra, a variant of a cryptocurrency backed by Facebook’s big bucks and the bevy of companies … Read moreFacebook’s Funny Money – or Facebucks – and Real Money

THE beginning of the digital monopoly age, the age in which the digital monopolies start emerging and the neoliberal economic model has been roughly coterminous. Both come of age in the 90s. While the neoliberal … Read moreGlobal Capital, Digital Monopolies and New Forms of Enclosure

THE US sanctions on Huawei has transformed what started as a trade war between the US and China into a full blown tech war. The US has followed the additional tariffs of 10-25 per cent … Read moreContinuing Trade-cum-Tech War between the US and China

ITALIAN-US automobile major Fiat-Chrysler Automobiles (FCA) has proposed a 50:50 “merger of equals” with Renault (pronounced reno) of France which the latter, and major shareholders of both companies, have responded favourably to. If and when … Read moreFiat-Chrysler and Renault Mega Auto Merger

IT is ironic that in India, the fastest growing air travel market in the world, yet another private airline, this time Jet Airways, collapses and folds up. However, this should have come as no surprise … Read moreAnother Airline Takes a Dive in India

IN these columns of the previous issue, the main points of the report of the Comptroller and Auditor General of Accounts (CAG) on the Rafale deal were discussed. It was noted that all price figures … Read moreMore on Rafale CAG Report: Between the Lines