The Embassy cable suggests a serious crime was committed on Indian soil to which U.S. diplomats were privy. The Prime Minister cannot cite lame arguments to justify inaction. Since politics is a distraction, consider the following retelling of the WikiLeaks tale. An activist dies in a traffic accident. CCTV footage from a bank nearby suggests he might have been murdered but the case is never investigated properly. Three years later,...

By all indications, FDI in multi-brand retail is a fait accompli. Or so we have been told time and again by everyone, the PM downward. The “question is at what point of time it should be done”. This remark from Pranab Mukherjee in a post-budget TV interview may have revealed that the debate has moved beyond whether to permit FDI in multi-brand retailing—the lifeline of small- and medium-sized neighbourhood stores....

Global business abhors uncertainty. The ministerial-level corruption in UPA-II has slowed FDI and FII inflows. The stock market, despite double-digit corporate profit and 8.6% GDP growth, reflects the anxiety of Indian and foreign investors. To take India's growth story forward in the 20th year of economic reforms, political reforms must catch up. Misgovernance won't do in a globalised, interconnected world. Two kinds of political corruption blight India: episodical and ongoing. Episodical...

The Hindu report creates a storm; Opposition wants Manmohan to deny the charge or quit Government survives “on the strength of a political sin” Yechury: gross moral de-generation and crass political opportunism Proceedings in both Houses of Parliament were marred on Thursday by repeated adjournments and uproar as a united Opposition demanded the resignation of Prime Minister Manmohan Singh following fresh disclosures alleging bribing of MPs during the July 2008 confidence vote, which...

Food inflation, hovering in the double digits, may play spoilsport to India’s ability to continue its rapid economic growth. It is truly troubling that food still consumes half of the expenditure of the average Indian household. No wonder a sharp spike in onion prices has the potential to upset the political calculus of social stability. India’s biggest challenge still remains ensuring food and nutritional security to its masses. Notwithstanding the nation’s...