Yet, a company owned by GoI and the government of Delhi, the Delhi Metro Rail Corporation (DMRC), is crushing EODB under the wheels of its growing fleet of world-class trains, in the most spectacular fashion possible
If god has a competitor, even in a limited capacity, it is the Government of India. GoI combines in itself the trinity of creator, preserver and destroyer when it comes to ease of doing business (EODB).
T K Arun Now that the US Federal Deposit Insurance Corporation, Treasury and the Fed have all come together to salvage US banking once again, taking over two failing banks and making all depositors whole, and not just those small…
Through relentless persecution, the ruling dispensation has vested Rahul Gandhi with a political salience he had lacked
Sometimes, two wrongs do make a right. Rahul Gandhi’s conviction for defamation and his expedited disqualification from Parliament show how right he was when he said in London that India’s democracy is under attack. The ruling dispensation’s political practice itself comes to Rahul Gandhi’s defence, when it comes to offering substantive proof of his claim.
Do not ban plastic; the costs are too high for society, in particular for the less well-off. Instead, invest heavily in technologies to degrade the plastic not already amenable to biodegradation and deploy these to solve the problem. India has the worker capacity to collect all plastic waste and recycle it or treat it with chemical or biological agents to convert it into simpler compounds such as carbon dioxide, water and methane. India also has the brain power to innovate novel solutions to the problem of plastic persistence in the ecosystem
Tanking stock markets may not be the best background in which to discuss curbing portfolio inflows into India. But to insulate Indian policymaking from the fickle twists and turns of the US Fed and regain monetary autonomy, India must impose capital controls on short-term portfolio flows.
Rarely is a handshake the same as a slap in the face. But when the national security advisers of Saudi Arabia and Iran shook hands in Beijing last Friday, it delivered a stinging blow in Washington DC that echoed in the world’s capitals.
As the United States stays bogged down in its efforts to degrade Russia as a world power, at the expense of Western treasure and Ukrainian lives, not to speak of global growth and deprivation in swathes of Africa, China, identified by the Americans as their systemic rival, has won a decisive round in West Asia in its ongoing contestation of US hegemony of the global order.