Economy

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 more

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 more

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 more

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 more

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 more

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 more

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 more

IN 2011, in Davos, the World Economic Forum (WEF) hailed the birth of a new “asset class” – data. Going into raptures, they proclaimed data as the new oil. The WEF love for data has … Read more

THE long awaited CAG Report on the Rafale and 10 other defence acquisitions begins with two wrong notes. One is the acceptance of the government’s demand to redact the price details of the Medium Multi-Role … Read more

THE US, European Union (EU) and its allies are part of a 76-country “WTO initiative” on “trade related aspects of e-commerce”. Strangely enough, this initiative was launched in the World Economic Forum at Davos, and … Read more

RAKSHA Mantri Nirmala Sitharaman’s long and tortured statements in the Lok Sabha on January 4 and 7, 2019 during the debate on the Rafale scandal followed the by now well-established pattern of the government’s, and … Read more

The Judgement by Justice OP Saini in the 2G case, which acquits all the accused, has justifiably created a fresh controversy in the country. We are told by the Congress and its sympathisers that the … Read more