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 moreMoily, Kejriwal and the Scam in Gas Pricing

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 moreMaking The Railways Sick: The Flip Side Of India Shining

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 moreIndigenous defence manufacture — but made by whom?

  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 moreRegional Airports in India: Policy Without Planning

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 moreHell bent on water privatization in Delhi

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 moreFacebook Founder Worth $ 20 billion Even After IPO Fiasco

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 moreDiesel Automobiles Scam

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 moreCAG Report – A Damning Indictment of Government and Reliance

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 moreFree Trade Agreements: The Dangerous New Frontier

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 moreWater privatization begins again in Delhi

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 moreThe Other Telecom Scam: Bleeding BSNL to Help Private Operators

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 moreFDI in Organized Retail: a lose-lose game