The philosophy of self-aggrandisement defies social logic. Seven leading banks in the United States of America had last year incurred an aggregate loss of $82 billion; the chief executive officers of these banks nonetheless claimed and collected annual bonus to the extent of $38 billion. The economy might lie in ruins; that did not distract sharks from zooming in on their prey. Our corporate sector has shaped itself in the...

The Assembly elections saw the culture of “coverage packages” explode across Maharashtra. In many cases, a candidate just had to pay for almost any coverage at all.  C. Ram Pandit can now resume his weekly column. Dr. Pandit (name changed) had long been writing for a well-known Indian language newspaper in Maharashtra. On the last day for the withdrawal of nominations to the recent State Assembly elections, he found himself...

As the Union government prepares to launch an offensive on Maoist revolutionaries, I am reminded of three conversations that I heard or had in Chhattisgarh in the summer of 2006. The first took place in the state capital, Raipur, at the home of the leading Congress politician, Mahendra Karma. Karma was the begetter of the Salwa Judum, a vigilante army that has been responsible for a wave of killings, rapes...

The new alliance, with India as a 'deal-maker', will do little to cut emissions to anywhere near the desired levels As the clock ticks to Copenhagen, how low is the world prepared to prostrate to get climate-renegade US on board? Is a bad deal in Copenhagen better than no deal? The US’ intentions are not good for the climate. It has proposed that it will not take international commitments but...

Seven rounds of trade talks between the EU and India have been concluded without any negotiating texts or positions of either party being made public.  The widespread optimism about the possible signing of the India-European Union (EU) Free Trade Agreement (FTA) sometime in 2010 fails to take into account the many thorny issues that remain to be resolved. Not the least of them are the tariff negotiations on goods and...