Economy

  Bailout For US Automobile Big-3 IT has been a while since the US Congress approved a $750 billion bail-out package aimed at pulling the US out of the biggest crisis in US and global … Read more

The “New Economy” consists of Information, Communications and Entertainment (ICE) and is assumed to be free of the constraints of the older and more traditional brick and mortar economy. While the growth of the old … Read more

The Finance Ministry’s decision to treat any Foreign Institutional Investor (FII) who has a Branch office in as a Mauritius Company under the Double Taxation Avoidance Treaty with Mauritius will lead to tax loss of … Read more

The current crisis of the financial system is not one of merely a depressed stock market and a scam in UTI. It is now becoming clear the crisis goes well beyond — into other financial … Read more

In the never-never land Indian capitalism, all that is required to generate wealth for the people is to promote the market and invite in private and foreign capital. In infrastructure, private ownership will be more … Read more

It has been claimed by the Government of India (GOI) that India’s  debt burden is not significant. In a report to the World Bank (India’s External Debt – A  Status Report, GOI, June, 1999), it … Read more

With advances in electronics art, entertainment and information delivery are being restructured creating a new information order. As technological development transforms the various elements of television, films and distant learning introducing the new domain of … Read more

(Courtesy: Economic & Political Weekly: Volume XXX.P.2114/34/1995) The “new” will always be far more evocative than the “old”, particularly as the old is visible as the present with all its ugly manifestations, warts and all, … Read more

THE University Grants Commission (UGC) on February 23 wrote to Indian universities announcing its clearance for the introduction of regular courses in Vedic Astrology in universities under its purview from the coming academic year. This … Read more

  THE current approach to the Eleventh Plan identifies that the “growing interest of foreign direct investors in the economy provides a valuable method of injecting resources into the economy, upgrading our technological standards and … Read more

THE UPA government last week announced a Rs 1,00,000 crore National Urban Renewal Mission (NURM) named after Jawaharlal Nehru, directed at substantial improvement in infrastructure and tackling of poverty in over 60 major cities in … Read more

AMID a mounting storm of public criticism against the Delhi government’s plans to privatise water supply, coming on top of a wave of public protests against the hugely negative impact of electricity privatisation, the Delhi … Read more