&nbsp;Raju's (name changed) father is behind bars for a host of crimes. Two of Raju's friends, too, have not met their fathers in a long time because the men have been convicted for several illegal activities.

Schooling them for the world

Business Standard

The anti-inflation package hammered out by the Cabinet Committee on Prices (CCP) in a marathon three-hour-long meeting on Monday night makes it clear that the government is short of ideas. This is not

Unconvincing package

The long-term answer lies in getting the central bank to focus on inflation. 


Ajay Shah: How to solve the inflation crisis

Much like what happened last year, the FCI is unlikely to be able to procure the amount of wheat it needs to. 


A Seshan: The oncoming wheat crisis-II

Long years ago, the government passed a law that abolished bonded labour, then it passed another law that did the same thing  but bondage continues. In the same way, child labour was abolished, then

Not by laws alone

Even as the trade negotiators at Geneva strive to put together an agreed draft for consideration at the World Trade Organisations ministerial meeting that is likely next month, a note of caution has

Timely warning

Having listened over the past fortnight to stories from businessmen about the demands being made on them by politicians in different states, it is obvious that corruption in the states has reached

T N Ninan: Rich man, poor state

The Maoist chief insists only rigging will defeat his party in the next elections.


Aditi Phadnis: Prachanda`s protests

Domestic policies rather than the global turmoil is what will really affect growth prospects.


A V Rajwade: Politics vs economics

While most reckon the Indian economy will grow at around 8 per cent in 2008-09, there could be a few slips. Though there is a large global component to the worst inflation India has had in 40 months,

StatsGuru

Some of my professional friends took exception to my saying, in one of my earlier columns on internal control, that all individuals are inherently greedy. They felt that I was using the example of a

Internal control: the human factor needs encouragement

The countrys civil aviation authorities can thank their stars that there was no accident, serious or otherwise, after a Kingfisher Airlines flight had to return to Hyderabad airport when it was found

Sunil Jain: India`s aviation mess

From a distance the barricades did not seem so ominous, even though a blur of khaki loomed nearby. 


How the steel was tempered

It is a simple device but has shrunk the nights in Rajasthans countryside. Over the past decade, thousands of families in the states remote villages, unconnected with the power grid, have installed

Solar bulbs light up desert state

The reshuffle in the Union council of ministers on Sunday has seen the induction of seven new ministers of state. Only one of them  M S Gill as minister of state for sports and youth affairs  has

A little tinkering

The uncharacteristic promptness with which Parliament clears pay raises for its members has already proved that nothing brings a divided house together like the prospect of its own benefit. This

Ajai Shukla: The capture of Fort Happiness

Of the five years when Manmohan Singh was the finance minister, only in two years did the government manage to keep the average annual inflation rate below 10 per cent. The remaining three years were

A K Bhattacharya: Why finance ministers fear inflation

Data for more than 100 countries over 47 years shows little sign that currency appreciation causes a dent in inflation levels. 


Surjit S Bhalla: No appreciable impact

Whats interesting about the global price rise is that the world has rarely seen anything like it before  the IMF commodity price index, after rising 30 per cent between December 2006 and 2007, rose

Sunil Jain: Not just the China factor

The spectre of rising inflation has now engulfed many economies in the world ranging from the US and the UK to China, West Asia, and India. The symptoms were in the making for some years. The Iraq war

Arvind Singhal: The Shadow of Inflation

The World Bank recently announced that the Chinese and Indian economies are 40 per cent smaller than previously estimated. Since these are the fastest-growing large economies, the Banks revision has

Eswar Prasad: China`s Shrinking Economy

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