More on Rafale CAG Report: Between the Lines

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

The Discontents of the Data Universe

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

CAG Report: A Poor Defence of the Rafale Deal

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 Strange Spectacle of WTO Negotiations being Launched in WEF, Davos

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 on HAL & Rafale: Misdirection and Alternative Facts

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 Strange 2G Judgement: CAG and the Supreme Court at Fault, Not A Raja

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

Adani Import Fraud of 2014 and its Continuing Dividend

The Adanis are again in the news, this time for importing transmission equipment from Japan, China and South Korea, hiking its price through an Adani intermediary in Dubai, and transferring the difference to the off-shore … Read more

Civil Aviation Policy: Subsidize the Rich, Corporates and Foreign Companies

It is by now clear that the settled policy framework of the Modi government is to pump in public investment for infrastructure, services, taxes and other incentives for corporates and higher income groups in the … Read more

Bitcoin: Has the Real Nakamoto Stepped Forward?

Who is Satoshi Nakamoto and why should we even bother knowing who he is? Nakamoto is the pseudonym of the person who created the cryptocurrency Bitcoin, who till this week, was just a name. Craig … Read more

100% FDI in Indian Defence Industries: “Nationalists” Ditch Self-Reliance?

The only reason there is a question mark at the end of the title is that, although a Policy Note is pending consideration by the Cabinet, the BJP-led government has not yet announced its decision. … Read more

Hell bent on water privatization in Delhi

It seems the Sheila Dixit government of Delhi, backed by powerful elements in the UPA-II central government, will let nothing stand in the way of water privatization in the capital. Several earlier attempts going back … Read more

Facebook Founder Worth $ 20 billion Even After IPO Fiasco

Last month, Facebook launched its much hyped Initial Public Offering (IPO) and promptly lost more than 25% of its valuation within only a few weeks of trading. Why was Facebook with revenue of just $ … Read more