Economy

Reliance and the near doubling of the gas price led to Kejriwal’s short-lived government filing an FIR against Moily, the Petroleum Minister and Mukesh Ambani, the Chairman of Reliance Industries Limited. The scam in gas … Read more

IN the huge ad campaign that the Vajpayee government has run, now declared partisan and stopped by the Election Commission, there was no talk of the railways. The state-owned Indian Railways carries 11 million people … Read more

The expose of alleged bribery in the Indian deal to buy Agusta Westland helicopters from the Italian company, Finmeccanica, led to a brief storm of media debates and anguished commentaries, followed by some official probes … Read more

  India has a reputation for announcing policies that are poorly conceived, insufficiently thought through and badly implemented, and which later run into huge problems causing losses to both stakeholders and the public, often leaving … Read more

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

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

An advertisement currently running on TV for Chevrolet’s Beat Diesel has the closing line “Fuel is getting less expensive.” Since the sharp rise in petrol prices was headline news just recently, one was surprised at … Read more

The CAG Report on the audit of the Production Sharing Contracts for the on-shore and off-shore oil and gas blocks once again shows the unholy nexus between the UPA and big capital in the country. … Read more

WHILE considerable attention has been focused on the World Trade Organisation (WTO), and the binding trade rules that it imposes on member countries, there is a shift towards much of trade negotiations being conducted bilaterally … Read more

Six years after its earlier attempt to privatize water supply in Delhi, which was thwarted by the vigilance and opposition of progressive forces, the Delhi Government is at it again. A “Pilot Project” is being … Read more

THE 2G scam has shown how scarce national resources like the spectrum have been given at throw away prices to big capital. In this game, there are not only older players such as Reliance, Unitech … Read more

The UPA government is once again attempting to completely open up the retail sector to foreign direct investment including, possibly, 100 percent FDI in organized multi-brand retail or supermarket chains. The Department of Industrial Policy … Read more