Hayek vs Keynes in a Pandemic Struck World

Here we are then, nine months into a pandemic and we seem to have gotten used to seeing the number of cases and the deaths roll up, like on a gas-filling machine. Over 31 million covid cases worldwide and just under a million deaths seem to have made us impervious to the dangers of the… Continue reading Hayek vs Keynes in a Pandemic Struck World

Health of India Inc During Covid-19

After one of the longest and the most severe Covid-related lockdowns, how is the reopening of the Indian economy faring so far? And what is the news from India Inc so far telling us about its health and that of the economy? Well, if the lockdown was nationwide, the reopening has been not just phased,… Continue reading Health of India Inc During Covid-19

Does India’s Budget 2020 Rev Up Growth: Owl Wisdom Podcast

The Indian government just presented the Union Budget for 2020-21 a few days ago, and this one was more anticipated than those in years gone by for the simple reason that the current slowdown in the Indian economy is unprecedented. In this Indian budget special edition of the Owl Wisdom Podcast, I examine the highlights… Continue reading Does India’s Budget 2020 Rev Up Growth: Owl Wisdom Podcast

Five Highs and Lows in 2020: Owl Wisdom Podcast

It's not a New Year resolution, but I thought it might be a good idea for me to attempt podcasting in 2020 as a way of adding another dimension to my blog. And in keeping with the tradition of my blog, the podcasts too will be written at the intersection of business, economics, politics and… Continue reading Five Highs and Lows in 2020: Owl Wisdom Podcast

A Made-in-India Economic Slowdown

While the news in and out of India in recent days has been, quite rightly, hogged by the Kashmir issue, I would like to draw your attention to the economic slowdown in India. There probably isn’t a soul anywhere in the world who hasn’t heard of Prime Minister Narendra Modi’s invitation to foreign investors, “Make… Continue reading A Made-in-India Economic Slowdown

Saffron Sweep Reveals the Age of Unreason

The world’s biggest democracy has just elected its new government in a marathon 7-phase election. And what a mockery of democracy it has proven to be. Yet, without a sense of irony, the Prime Minister, Narendra Modi, says in his victory speech that “it is democracy that has won.” If democracy is merely casting your… Continue reading Saffron Sweep Reveals the Age of Unreason

Indian Elections 2019: Theatre of the Absurd

It is said that Indian elections are the greatest experiment in democracy. In a nation of 1.3 billion people and over 900 million eligible voters, that does mean a grand pageant. Some observers, talking to Matthew Amroliwala on BBC World News, even called it a great “festival of democracy”. If you watch the news and… Continue reading Indian Elections 2019: Theatre of the Absurd