-The Economic Times Along with your tablet, smartphone and car keys, get ready to pack a gas mask. And if you thought the recent smog in Delhi and the more-than-usual pollution levels (20% higher) in the last fortnight were due to the burning of residual crop in Punjab and Haryana, you are wrong. After a steady improvement since the late-1990 s, the air in Delhi — and all other Indian cities —...
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A futures shock from FCI-Devinder Sharma
-The Business Standard Turning the country's food procurement agency into an international trader will fan inflation and hunger At a time when the Global Hunger Index 2012 ranks India 65th among 79 countries, K V Thomas, minister of state for food and public distribution and consumer affairs, has revealed that the Food Corporation of India (FCI) will soon trade wheat in the futures market. Seeking clearance from the Forward Markets Commission, the...
More »Is India’s Rising Billionaire Wealth Bad for the Country? -Vivek Dehejia
-The New York Times Blog The strength and direction of the Indian economy may be up for debate, but one remarkable fact is not: There has been massive growth in the number and wealth of billionaires in India since the economic liberalization measures in 1991. The phenomenon has often been compared to the United States’ experience in the latter part of the 19th century. This was a period evocatively described by Mark...
More »Driving the wrong way on road safety -G Ananthakrishnan
-The Hindu India’s roads are deadlier than ever. The high rates of death and disability expose the lack of an organised system of traffic management and safety. Road safety is no one’s responsibility. It is time to make someone accountable. On the final day of this year’s ‘puja’ season in Chennai, a particular roadside temple near the iconic Central Railway Station had the long annual line of vehicles — vans, tempos, taxis,...
More »The Dark And The Sublime: The Story Of Rajat Gupta-Shaili Chopra
-Tehelka The sentencing of Wall Street wizard Rajat Gupta in the historic insider trading case has led to the fall of a one-time icon for many Indians “This is where destiny is taking me.” This is what former Goldman Sachs Group Inc director, Rajat Gupta, told old friend Pramod Bhasin, as he sat with a glass of scotch in hand, in a mid-town bar in New York. Little did Gupta know how prophetic...
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