When interest rates go up, you know one thing for sure – it will come down also. Now inflation figures are likely to be a little lower (base effect), and there will be pressure on RBI to cut rates. In the informal market (ask the builders!) interest rates are still hovering around the 25%p.a. + […]
In 1991 Prime Minister Narasimha Rao brought liberalisation to a practical level. Departing from the Nehru-Indira’s uneducated guesses on economics, what Mr. Rao did was path breaking. Sadly Sonia is back in power -(and BJP’s stint did not matter) and we are back to our so called social ways. Take the case of the sugar […]
As a person gets more and more powerful he thinks he can get away with whatever he is doing. Not that he will do only correct things, but that nobody will be able to touch him or her. In the olden days editors had a relationship with famous people and thus news items against them […]
1. the 3G scam 2. many fertilizer scams 3. food grains – procured poor quality grains at very high prices. Now rotting 4. DGCA scam 5. Can get any loan for any amount from a PSU bank scam what is common to all these scams is simple. There is one babu who has a secured […]
A couple of days back (Monday 8th to be precise) I was at my parents house. Suddenly my dad switched on Jaya TV – and I watched the ‘Thuglaq’ annual show – which he does for the Pongal festival. Two great speakers – one was Gurumurthy and the other speaker was Cho Ramaswamy himself. Amazing […]
I was quite amused that a rabid communal (but an honest and capable administrator – please realise there is no contradiction here) Mr. Modi has banned Jaswant Singh’s book. Mr. Modi I am in possession of a book which has said ” What attracted me to Jinnah …was the force of his personality …AND MORE […]