The Congress today appears besieged and beleaguered with key allies and even members from its own ranks lining up behind the combined Opposition in vehemently opposing the Manmohan Singh government’s decision to allow FDI in multi-brand retail. But, paradoxically, this state of siege — reflected by the prolonged deadlock in Parliament with a quasi no-confidence motion hanging over it — also gives the Grand Old Party a great opportunity not just...

Plutarch's Life of Dion contains an interesting anecdote of Dionysius, an avowed and established tyrant, killing his captain, Marsyas. Marsyas had dreamt of cutting Dionysius's throat, and Dionysius killed Marsyas on account of his dream. He based his decision on the assumption that Marsyas would not have dreamt of such a thing by night if he had not thought of it by day. In his Seminal work The Spirit of Laws...

At a time when the government and regulators are emphasizing inclusion and increase in credit delivery to those without access to formal sources of finance, private sector banks are found to have low credit-deposit ratios in rural areas as compared to public sector counterparts. In a recent interaction at the state-level bankers committee (SLBC) meeting, in which Reserve Bank of India governor D Subbarao was present, bankers brought this to the...

-The Indian Express Hitler Didi, Zee TV’s new show about a serious-minded young woman, is entirely innocent of world history — but that did not deter the Anti-Defamation League, a US-based organisation that fights anti-Semitism everywhere. “The name Hitler doesn’t belong in a soap opera, and we think the producers of this programme have made a terrible error in judgement that can only be remedied with a title change,” said an...

The anti-corruption movement has enabled the Indian middle class to feel smug about itself. Its members have gone through a vast range of emotions during the last two decades, from self-hatred to self-righteousness. Liberalisation of the economy has created for this class an excitement of many kinds. It has meant the freedom to pursue the quest for wealth without guilt and, at the same time, it has meant feeling set...