Once again it is time for me to react to the Indian Union Budget, and given all the pre-budget media hype around it on television news of a possible tax relief for the middle-class, I should have expected what we finally got to hear on February 1, 2025. I knew it would once again be… Continue reading Desperately Seeking Growth Budget
It’s a year since the worst of the Covid-19 outbreaks, and with most people fully vaccinated in many countries, economies are getting back to work. The biggest concern, though, around the world is soaring inflation which is well-entrenched now and broadbased, so interest rate hikes to tame it are in full swing. The tightening of… Continue reading Recession, Recession, Why Such Confusion
On the occasion of India’s 75th Independence Day, I cannot but help repeat what sounds like a clichĂ©. That our country’s source of strength is our diversity and we should do everything to preserve it. Last month, my Owleye column was on how our democracy is fraying and that we are letting petty communal issues… Continue reading India’s Diversity a Source of Strength
When reading newspapers or books or watching the news, we often come across the word development. It is a term so often used to mean growth, loosely speaking, that when attached to any other word, it takes on new meanings. Urban development, rural development, industrial development, sustainable development, etc. Then, of course, we have the… Continue reading Development and All That We Understand by It
Peripatetic Perch 