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Hard Times by Ashok Mitra

Food prices have shot up by more than 20 per cent in the course of the past 12 months. A vast proportion of the nation is being battered by the price rise — the fixed income group, the working classes, landless peasantry and small farmers who have to buy at least a part of the grains they consume from the market. There is, however, no upheaval among the suffering people....

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Economy will recover by Arjun Sengupta

The Indian economy should recover from the recession caused by the global meltdown. India’s exposure to the world economy is quite limited. It is mainly through the exports market and partly through foreign investment flows either as equity or debt capital that financed private investment. The extent of the dependence, however, is quite low. The recession in the exports market affects only few sectors, such as textile and labour-intensive manufactures...

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‘It is shameful to misguide people’ by P Sainath

Well-known PR firms, professional designers, and ad agencies served the richer parties and candidates. They made up “news” items in the standard fonts and sizes of the desired newspapers and even “customised” the items to make them seem exclusive in different publications.  So you thought you’d had enough of Page 3? Newspapers in Maharashtra think otherwise. Some of them had more than one, on several days during the recent state...

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Shining Bright by Manav Chopra

The new joke on Dalal street is that gold prices are soaring, not because of increased demand in the US, India and China, but because Shilpa Shetty has bought half the gold in India for her wedding dress! Jokes apart, the yellow metal has hit headlines recently because of its spectacular rise. Prices have spiked as investors now prefer gold to the weakening US dollar. The US economy has lurched...

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