If you read or watched or listened only to the mainstream media in the North, you could be forgiven for believing that the current influx of refugees into countries of Europe is not just an important concern, but actually even…
What a difference a year makes. Even until just a year ago, the “emerging market economies” were being lauded as the hope of global capitalism. They were supposedly able to “decouple” themselves from the financial crises and stagnation of advanced…
There is a strong view in certain Left circles, especially in certain European Left circles, that any de-linking from global capitalism conduces to a promotion of domestic reaction. Of course, even in Europe this is not necessarily the dominant view…
The debate so far on the Goods and Services Tax (GST) has been largely concerned with the question of compensation to the states for the losses they may suffer owing to the transition to a GST regime. The losses to…
The Constitution (122nd Amendment) Bill, 2014, that, if passed, would introduce a Goods and Services Tax (GST) system in India, faces a still uncertain future because of opposition in the Rajya Sabha, the upper house of the Indian Parliament. The…
Among the initiatives launched with much fanfare by the NDA government is the one titled “Digital India”, which is slated to use high speed internet as a core utility and provide citizens entitlements, documents and a host of services on…
Over much of the last decade and more, the stock market had provided advocates of reform a convenient indicator of economic health. This was because there were long periods during that decade when real economic growth tallied with stock market…
In the ongoing Eurozone drama, the sovereign debt held by Greece is the crux of the issue. That hapless economy has seen its debt to GDP ratio increase from around 120 per cent in 2010 to nearly 180 per cent…
The endgame nears in Greece. The latest rejection by the Eurozone Finance Ministers of any extension of the proposed bailout plan was followed by the decision of the Greek Prime Minister Alexis Tsipras (subsequently supported by a majority vote in…
The NDA government’s appointment of hack loyalists to important positions in the sphere of education has rightly raised concerns about the damage being done to the education system. But this is not the sole source of danger to the system.…
